SchoolofBookkeeping

APRIL 17, 2023

Intuit recently released a study highlighting the ways that accounting firms are embracing technology to transform their operations. Nearly 90% of Accountants Expect Technology to Drive their Firms' Growth in 2023, according to Intuit QuickBooks Survey Read the full press release below.

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Technology quickbooks accounting firms Account 52

ThomsonReuters

APRIL 18, 2023

accounting standards require prior statements to be corrected and the corrections to be disclosed. This involves knowing the red flags to watch for and having the right tools and resources in place, including expert corporate accounting and financial reporting software and guidance. What are financial statement errors?

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financial statements accounting standards accounting and finance CPA 52

SkagitCountyTaxServices

JANUARY 5, 2024

So, what are some of your goals for 2024? Now, now part one of this topic (which you can find in the blog archives) was about selling your business and some of the practical considerations that should play into decision-making. I keep in mind my limits and then set the goal to push past those limits.

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Tax financial statements Sales Legal 75

ThomsonReuters

JULY 19, 2022

A new national research study that analyzed the impact of same-day pay showed that, among other things, over 60% of working Americans think that all employers should offer their employees immediate access to their daily earned wages. Early/earned wage access. Pay frequency. At the federal level, there are no pay frequency requirements.

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Xero

MARCH 8, 2023

What advice would you give to women looking to start a business? Everyone says follow your passion, do what you love and you’ll make it – which is great if you have the budget and money to back you up. Nadine : The most important thing is getting your finances in order. Also, all of us struggle from time to time with self-doubt.

Construction 81

Construction accounting and finance Start-ups Finance 81

ThomsonReuters

FEBRUARY 8, 2022

Do you know what your clients and prospects want, especially in terms of communication? With so many generations in need of tax and accounting services in the market today, it can be a challenge to discover what a client truly wants or needs, or how they want to connect with you. 2) Stand out from the competition.

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Nancy McClelland, LLC

MARCH 8, 2024

I get not wanting to spend big bucks on a full-featured bookkeeping package for an activity that’s not earning much money. It basically strips down the system to the core functionalities but retains the tools that are the most timesaving. And therefore, they only charge you for the basics. It’s $10/month per client.

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ThomsonReuters

AUGUST 29, 2023

Like many industries, the accounting profession is in the midst of profound change. APIs offer the ability to create a connected ecosystem that streamlines accounting workflows and revolutionizes the way firms operate. What are the pain points of a disconnected workflow? Let’s take a look. A single source of truth.

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Ryan Lazanis

APRIL 6, 2023

A business and CPA coach can be a great asset for accounting firms that want to not only grow their business but also improve their work-life balance. In this blog post, I’ll be exploring the power of a CPA coach as a tool for driving success. Table of Contents Why My Coaching Experience Might Matter To You What is a CPA Coach?

accounting firms 52

accounting firms CPA Account accountant 52

Snyder

NOVEMBER 27, 2022

Find out what the requirements to sell on Shopify are. So if you sell offline, POS-Go might be exactly what you need. Shopify’s help section has step-by-step instructions on how to add blog posts, and the interface is user-friendly. Optimize your Shopify site for mobile use. Join a network of Shopify store owners.

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MineralTree

MARCH 16, 2023

Today’s blog breaks down the differences between automating and outsourcing AP, explaining the various reasons why teams opt between the two models. The State of Accounts Payable Today Recession and inflation are top challenges for CFOs as they look to keep companies profitable in 2023. What are Today’s Challenges in AP?

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ThomsonReuters

APRIL 6, 2023

Whether you’re an accountant, a small business owner, or a professional working within an organization, understanding what accounts payable is and how it works is essential. As an important cash flow indicator, accounts payable is a sign of the health of a business. Often, these types of charges are invoiced.

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ThomsonReuters

JANUARY 3, 2023

Therefore, firms need to ensure that auditors can access the tools they need and achieve the greater work-life balance they desire should they wish to retain top talent. . The research also found that auditor work-life balance is as important as compensation in determining the overall satisfaction of accounting firm employees.

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auditor audit Technology Gaming 59

ThomsonReuters

JUNE 9, 2022

Even though automation has simplified the compliance process, the accounting business remains very much a relationship-based one. Today’s top firms understand this and are increasingly investing in training for accounting staff to develop a generation of forward-looking professionals. Now is the time to catch up.

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Account accountant accounted Education 52

Basis 365

JULY 11, 2023

In this blog post, we’ll explore the key factors you need to consider when calculating revenue and provide some tips to help you ensure accuracy and maximize profitability. Understanding Revenue for Professional Services Before diving into the specifics of calculating revenue, let’s ensure we’re on the same page about what it is.

Non-Profits 40

Non-Profits Technology bookkeeping Legal 40

LyfeAccounting

OCTOBER 14, 2020

You see, here at LYFE Accounting, we handle the books for small business owners everyday and have a time-tested 6-step process that helps small businesses make better financial decisions that lead to greater profitability. Let’s get started by answering this question first- what is bookkeeping? How can you grow your business?

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bookkeeping financial statements accounting and finance Maine 52

ThomsonReuters

APRIL 18, 2023

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. What are the current issues in accounting? but there are several common hurdles that often run industry wide.

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Account accountant accounted Technology 52

ThomsonReuters

NOVEMBER 25, 2020

This question is quite apropos in light of the controversy that has surrounded the topic for years, with CEOs of major US companies going from earning 21 times as much as the typical worker in 1965 to earning 320 times as much in 2019. The pandemic doesn’t appear to be a pivot point for executive pay yet. 1) Duration of cuts.

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LyfeAccounting

JANUARY 13, 2021

What I’ve learned over the years is that many business owners do not know what tax deductions are. And I get it – unless you got a CPA license and Master’s degree in accounting like I do, you’ll likely never learn this stuff. In order to fully understand what tax deductions are, you need to understand how taxes work.

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ThomsonReuters

FEBRUARY 10, 2021

Here’s a rundown of what you need to know about the CAA as you prepare 2020 business and individual tax returns. Child tax credit and earned income credit. The earned income tax credit (EITC) equals a percentage of the taxpayer’s earned income. Individual Returns. Educator expense deductions for PPE.

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Tax tax return payroll Education 98

ThomsonReuters

DECEMBER 7, 2022

To help accounting professionals, especially those entering the profession, this article will explore how fiduciary income tax is different from estate tax, who files a fiduciary tax return, what defines estates and trusts, and more. What is fiduciary tax? What is remaining then becomes taxable income f or the trust or estate.

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ThomsonReuters

DECEMBER 3, 2020

On August 8, 2020, President Trump signed a memorandum allowing employers to defer the employee’s portion of Social Security tax (SS) for employees who earn less than $4,000 biweekly or its equivalent under other pay frequencies from September 1, 2020 through December 31, 2020 as a form of COVID-19 tax relief. What’s New.

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income tax Tax payroll tax payroll 78

PYMNTS

DECEMBER 24, 2019

For the annual holiday exercise at PYMNTS (describing the 12 main or most exciting ways to pay in 2019), it is clear that what has happened this year will have big implications for the new decade. Past is prologue. Here are the 2019 payment trends that made the biggest splash, and promise to make even bigger splashes in the new decade. #1:

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B2C B2B Technology Gaming 64

ThomsonReuters

NOVEMBER 25, 2020

This question is quite apropos in light of the controversy that has surrounded the topic for years, with CEOs of major US companies going from earning 21 times as much as the typical worker in 1965 to earning 320 times as much in 2019. The pandemic doesn’t appear to be a pivot point for executive pay yet. 1) Duration of cuts.

Manufacturing 52

Manufacturing Gaming Retail Account 52

ThomsonReuters

OCTOBER 21, 2022

Director of Product Management at Ceridian, about her company’s global survey collaboration with national and global payroll associations that aims to chart what’s ahead for payroll professionals. . Lisa Weckman, Sr. There are also state and local laws, rules, regulations, and guidance related to payroll. Payroll pain points.

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PYMNTS

DECEMBER 6, 2019

Google CEO Sundar Pichai will take over as Alphabet ’s new CEO , while retaining his job at Google. Founders Larry Page and Sergey Brin wrote in a blog post , “Going forward, Sundar will be the CEO of both Google and Alphabet. Why Installment Payments Are Fashionable This Holiday Season (Buy Now, Pay Later Tracker).

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Colorado accounting and finance Transportation Manufacturing 40

ThomsonReuters

OCTOBER 21, 2022

Director of Product Management at Ceridian, about her company’s global survey collaboration with national and global payroll associations that aims to chart what’s ahead for payroll professionals. . Lisa Weckman, Sr. There are also state and local laws, rules, regulations, and guidance related to payroll. Payroll pain points.

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payroll Tax Technology payroll tax 40

PYMNTS

NOVEMBER 9, 2018

Earnings weren’t quite what investors were looking for, its usership base in the U.S. But this week, things started to look a bit sizzlier for Facebook – and a bit more like it is trying to turn the page on what has been a difficult year in the life of the firm. Facebook has been a firm with its share of troubles lately.

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New York Start-ups Technology Retail 61