CPA Practice

DECEMBER 19, 2023

Accounting and finance professionals are always on the lookout for tools that can help them become more efficient, productive and accurate in their work. That includes creating more demand for their skills. That includes creating more demand for their skills. Increased efficiency and productivity was the top benefit cited.)

accounting and finance 121

accounting and finance Finance Account accountant 121

CPA Practice

MARCH 31, 2023

Technology continues to be a driver of growth for today’s successful accounting practices, and professionals know it, with a recent survey showing that 86% of respondents agree that technology will play a significant role in the growth and expansion of their practices in the next year. The survey was sponsored by Intuit Inc.,

Technology 128

Technology quickbooks Account accountant 128

ThomsonReuters

FEBRUARY 13, 2024

For Connell, one of the most important takeaways is that AI should be seen as an enabler, not a threat to jobs , pointing out that AI technology can help global trade professionals keep on top of the multitude of expectations on them. So it’s important to understand what it is, and how it can help companies that engage in global trade.

Technology 52

Technology Legal Government Tax 52

ThomsonReuters

NOVEMBER 28, 2023

Jump to: Reflect on your current tax workflow Use automation to boost staff engagement and retention Unlock growth opportunities With staffing shortages of epic proportions, the accounting industry is facing a crossroads. Reflect on your current tax workflow. How are you preparing and reviewing the tax return? How are you getting paid?

Technology 112

Technology Account accountant accounted 112

Reckon

AUGUST 2, 2023

Guest post blog by Catherine Schwartz Today, having more than one income stream is completely feasible. Compared with only 24% of boomers, in the United States, 50% of millennials and 46% of Gen Z have side hustles, with the most popular choices nested in technology. Do Millennials and Gen Z dominate the side hustle stakes?

accounting and finance 98

accounting and finance Non-Profits Start-ups Finance 98

ThomsonReuters

JULY 19, 2022

Most employers pay their employees’ wages for services performed within one of the following frequencies: weekly, bi-weekly, semi-monthly, and monthly. Most employers pay their employees’ wages for services performed within one of the following frequencies: weekly, bi-weekly, semi-monthly, and monthly. Pay frequency. However, some U.S.

New Hampshire 98

New Hampshire payroll Construction California 98

Xero

OCTOBER 9, 2023

We are pleased to share the key findings from our study of the accounting and bookkeeping sector in Aotearoa New Zealand. The State of the industry report 2023 is the first of its kind in Aotearoa New Zealand and benchmarks the industry, highlighting key trends, challenges, and opportunities faced by accounting and bookkeeping professionals.

bookkeeping 68

bookkeeping Agriculture Hospitality Construction 68

Snyder

NOVEMBER 17, 2022

Accountancy firmly belongs to the financial sector but it also shares a lot of key features with the service industry. No one can be an expert in all those areas, that’s why finding a helpful blog for accountants is such a great idea. So let’s begin our journey to the land of accountancy! What’s a great accounting blog?

Account 52

Account accountant accounted bookkeeping 52

Xero

JULY 20, 2022

I’m so thrilled to be back at Xerocon London connecting with so many of our accounting and bookkeeping partners and app partner community. It can lead to mounting expenses, unpaid wages, lost jobs, and owners dipping into personal savings and equity to keep their company afloat. months in Australia, 4.0 months in New Zealand and 4.5

bookkeeping 105

bookkeeping Government Maine Start-ups 105

MineralTree

MARCH 2, 2023

The rising demands for accurate financial data have also made data accuracy and timeliness more important than ever before. The unpredictability of inflation requires CFOs to embrace a more agile and flexible approach to work, which can be challenging for a historically traditional department.

AP Automation 83

AP Automation Technology accounting and finance accounts payable 83

Menzies

JUNE 19, 2023

Menzies LLP - A leading chartered accountancy firm. The industry has witnessed significant advancements in technology, particularly in the realm of real-time data, which can play a pivotal role in optimizing operations, reducing expenses, and creating a positive work environment. Businesses are having to pay more to acquire talent.

Hospitality 52

Hospitality Technology chartered accountant Gaming 52

ThomsonReuters

JANUARY 20, 2023

While technological advancements have created opportunities to use data analysis and other digital skills in accounting and auditing, today’s auditors not only need analytical and technical skills or the understanding of processes and systems — they also need to communicate what they know and how to strategically act on that knowledge.

audit 59

audit auditor Technology CPA 59

ThomsonReuters

DECEMBER 21, 2021

As we head into the new year, tax and accounting firms are emerging from the COVID-19 pandemic just in time to face an onslaught of new challenges. Our 2022 Strategic Planning Guide for tax and accounting firms offers guidance on addressing a variety of challenges so you can enter the new year with a sense of preparedness.

accounting and finance 52

accounting and finance accounting firms Tax Account 52

ThomsonReuters

JUNE 8, 2023

These strategies help companies make informed decisions about their recruitment and retention processes by optimizing their recruitment process with technology, using data analytics to predict future talent needs, and creating an environment which encourages employee engagement and retention.

audit 52

audit cpas Technology Tax 52

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.

Technology 52

Technology quickbooks accounting firms Account 52

LyfeAccounting

MAY 25, 2021

And here on our blog, we’ve talked about a few of them such as PPP loans , EIDL loans , business grants you can get for your business, and so on. And here on our blog, we’ve talked about a few of them such as PPP loans , EIDL loans , business grants you can get for your business, and so on. Quick Inflation Tax Explanation.

Tax 87

Tax Real Estate accounting and finance tax return 87

Going Concern

FEBRUARY 12, 2024

EY piled more than $700mn of extra debt on to its global operating business to deal with the costs of the failed plan to spin off its consulting arm, according to newly filed accounts. Between a wave of retirees and a drop in the number of people graduating with accounting degrees, the whole profession is struggling to staff up. “We

auditor 70

auditor Account accountant accounted 70

ThomsonReuters

JUNE 24, 2021

It is no secret that the tax and accounting industry has a talent shortage. One of the key reasons is fear of negative career-related ramifications, including getting fired, which was still legal in 27 states until a U.S. Framing the multi-layered challenge. LGBTQIA professionals remain in the closet. .

Account 52

Account accountant accounted cpas 52

ThomsonReuters

DECEMBER 13, 2021

First, something bad happened — for example, a negative audit, penalties — which raised awareness that time was being wasted on correcting errors, or that pressure from tax authorities to digitize had to be taken seriously. So when is the right time to invest in indirect tax automation ? Get ahead of indirect tax problems.

Technology 52

Technology Tax corporation tax audit 52

ThomsonReuters

JANUARY 12, 2023

The primary role of an accountant is to handle a variety of tasks including tax preparation, financial planning and audits. . With advanced technology shifting the way accountants work, many are looking to expand into specialized services that can give them a leg up on the competition. Let’s start from the beginning. .

audit 59

audit auditor Account accountant 59

ThomsonReuters

SEPTEMBER 1, 2022

The revised Superfund Excise Tax , part of the Infrastructure and Investment Jobs Act , is a tax on the sale or use of “hazardous chemicals,” as well as the sale or use of certain imported “hazardous substances.” Find out how organizations are responding to the reinstated and expanded Superfund Excise Tax in our free on-demand webinar.

Technology 52

Technology Tax Manufacturing accounting and finance 52

PYMNTS

MARCH 27, 2020

According to the data in PYMNTS’ COVID-19 Brief series , which surveys a little more than 2,000 consumers on their experiences with life on lockdown, the people are worried. Among those surveyed for our most recent study, a strong majority – 60 percent – believe life will likely return to normal within the next three months. .

Start-ups 52

Start-ups New Jersey accounting and finance Maine 52

ThomsonReuters

MAY 6, 2021

But this is just the most recent step in the increasing IRS focus on cryptocurrency tax, here’s a brief timeline on past activities: 2021 – Launch Operation Hidden Treasure. Capital gains and losses are the primary compliance impact for crypto clients and the IRS has detailed out which transactions are taxable.

cpas 59

cpas tax return audit Tax 59

LyfeAccounting

FEBRUARY 14, 2021

A CPA is a Certified Public Accountant. And by the way, an accountant is someone who is responsible for recording and interpreting financial information. And by the way, an accountant is someone who is responsible for recording and interpreting financial information. CPAs are in the top-tier of accountants. What is it?

CPA 52

CPA cpas tax preparation bookkeeping 52

ThomsonReuters

OCTOBER 21, 2022

According to a recent global payroll survey, the “future of payroll starts today” for understanding the industry’s major challenges, which include global workforces, hybrid work, increased compliance concerns, and other important issues. . The survey was conducted by? Thomson Reuters Checkpoint? Ceridian’s ?Senior

payroll 52

payroll Tax Technology payroll tax 52

PYMNTS

MARCH 12, 2019

And as we found in the Gig Economy Index , a joint effort between PYMNTS and Hyperwallet , PayPal remains the most popular payment method for gig workers. COO Bill Ready said in a blog post that the Instant Transfer functionality comes on the heels of the company’s expanded partnership with JPMorgan Chase. Instant Transfer to Bank.

Gaming 76

Gaming Account accountant accounted 76

ThomsonReuters

DECEMBER 22, 2020

In fact, despite the mounting demand for documentation and data of all kinds—e.g., As the January 1, 2021 deadline for Brexit negotiations rapidly approaches, it is still unclear whether the United Kingdom and the European Union will reach a trade agreement or go their separate ways under World Trade Organization rules. Many are not.

Technology 59

Technology Manufacturing audit Tax 59

PYMNTS

OCTOBER 11, 2018

In fact, PayPal President and Chief Executive Dan Schulman announced in September that the number of active accounts on the company’s platform recently surpassed the 250 million mark. In a company blog post , Schulman said this marks an important milestone for the digital payments company. workforce has participated in it in some way.

B2B 60

B2B accounting and finance Start-ups Account 60

ThomsonReuters

AUGUST 24, 2021

Watch our free on-demand webinar, Building a business case for indirect tax automation. Tax engine software virtually eliminates these types of accounting errors by providing consistently accurate sales and use tax, value-added tax (VAT), and goods and services tax (GST) calculations that don’t raise red flags.

Technology 52

Technology Sales Tax audit 52

ThomsonReuters

OCTOBER 26, 2020

In 2018, the World Economic Forum’s Future of Jobs Report listed accountants and auditors as one of the jobs mostly likely to decline as a result of automation. This was based on the expectation that tax and accounting professionals would fail to adapt to new technology and therefore render themselves less efficient.

Technology 40

Technology CPA Account accountant 40

ThomsonReuters

OCTOBER 21, 2022

According to a recent global payroll survey, the “future of payroll starts today” for understanding the industry’s major challenges, which include global workforces, hybrid work, increased compliance concerns, and other important issues. . The survey was conducted by? Thomson Reuters Checkpoint? Ceridian’s ?Senior

payroll 40

payroll Tax Technology payroll tax 40

PYMNTS

JANUARY 16, 2018

Although I saw myself as being an entrepreneur, a jobs provider and a contributor to the American economy, I’ve learned that others view me through a different lens. Regulators spent most of 2017 cracking down on the practice. Regulators spent most of 2017 cracking down on the practice. District Judge Kevin Castel in Manhattan.

Kansas 47

Kansas Government Account accountant 47

PYMNTS

MAY 13, 2016

The program, which was piloted in August 2015, is available to SMBs with short-term cash needs who have also been Wells Fargo customers for at least a year. The term of these loans is a year, payments are deducted from the borrower’s business checking account and amounts range from $10K to $35K. Wells Fargo. Imagine that.

Transportation 40

Transportation Legal Account accountant 40

ThomsonReuters

APRIL 11, 2024

From a shrinking labor pool to ever-changing tax regulations to increased client demands, many accounting firms are dealing with high turnover and burnout amongst their staff members. The dawn of AI has the potential to revolutionize the tax and accounting profession by enhancing efficiency, accuracy, and insights.

Account 52

Account accountant accounted Technology 52

ThomsonReuters

FEBRUARY 28, 2023

Working as an accountant is undoubtedly a rewarding experience, but it’s not without its challenges, especially during the height of tax season. Whether it’s the 24/7 workload or the demand for immediate answers, expectations during this time of year are particularly stressful and increasingly complex. Learn your tools inside and out.

Account 59

Account accountant accounted Technology 59

Nancy McClelland, LLC

MARCH 8, 2024

At some point we put a stop to these shenanigans… only to find ourselves sitting in QB Desktop, doing all the write-up work on behalf of our clients – a total reconstruction job. I did this for both of my grandmothers back in the day, using my accountant’s copy of QuickBooks Desktop. Or yet another side gig! But some remained.

quickbooks 52

quickbooks bookkeeping double entry bookkeeping Real Estate 52

ThomsonReuters

FEBRUARY 13, 2023

In an era of staffing shortages, accounting firms must increasingly look outside the box to fill gaps in talent. Historically, accounting firms have dedicated junior staff to handle manual data entry tasks and labor-intensive workflow processes. Errors are caught automatically — before it’s too late to fix them.

Technology 59

Technology Non-Profits accounting firms Tax 59