Tue.Jan 11, 2022

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The Face of Forensic Accounting

FraudFiles

In October 2017, Tracy Coenen appeared in Milwaukee Magazine’s Faces of Milwaukee feature. What a fun piece to revisit! When you need to find lost or hidden money, forensic accountant Tracy Coenen is the detective you want on your side. She doesn’t just add up the numbers, she digs into the details to find out what really happened with the money and who has it.

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Businesses with Employees who Receive Tips may be Eligible for a Tax Credit

RogerRossmeisl

If you’re an employer with a business where tipping is customary for providing food and beverages, you may qualify for a federal tax credit involving the Social Security and Medicare (FICA) taxes that you pay on your employees’ tip income. Basics of the credit The FICA credit applies with respect to tips that your employees receive from customers in connection with the provision of food or beverages, regardless of whether the food or beverages are for consumption on or off the premises.

Tax 246
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Sales Tax on Shipping: When Does it Apply?

TaxConnex

It’s one of the most important aspects of an online business – and one of the wackiest when trying to determine whether sales tax applies or not. What is it? Shipping. Actually, in terms of sales tax, it’s “shipping,” “shipping and handling” and “delivery” – three animals treated with confusing differences as you try to meet sales tax obligations in many different states and jurisdictions.

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How Will Revised Tax Limits Affect Your 2022 Taxes?

RogerRossmeisl

While Congress didn’t pass the Build Back Better Act in 2021, there are still tax changes that may affect your tax situation for this year. That’s because some tax figures are adjusted annually for inflation. If you’re like most people, you’re probably more concerned about your 2021 tax bill right now than you are about your 2022 tax situation. That’s understandable because your 2021 individual tax return is generally due to be filed by April 18 (unless you file an extension).

Tax 246
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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Learning For Success in 2022

PANALITIX

RESOURCES / ARTICLES. Learning For Success in 2022. What would you like to learn in 2022? . We’re not talking about your Continuing Professional Education (CPE) obligations. We’re talking about what would really BENEFIT you. What you would ENJOY. What you would most VALUE in terms of education. Panalitix has been reorganizing our huge volume of learning content into COURSES which are: Short, Sharp, and Action-Oriented … since your time is limited .

Education 130
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When Subsequent Events Count

RogerRossmeisl

The value of a business interest is valid as of a specific date. The effective date is a critical cutoff point because events that occur after that date generally are not taken into account when estimating value. However, there are two key exceptions when subsequent events count. (1) When an event is foreseeable Subsequent events that were reasonably foreseeable on the effective date are usually factored into a valuation.

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The Riches Really Are in the Niches: Narrow Your Business Niche

GrowthForceBlog

6 min read. If you ask a business owner who their target market is, and they respond with “ everyone ”- that really means “ no one. ”.

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Benefits of Transitioning to QuickBooks Online (QBO) from QuickBooks Desktop (QBD)

LSLCPAs

By connecting with the internet in the Cloud, QuickBooks Online keeps you instantly and continuously aware of every aspect of your business’s accounting. To name a few benefits, and depending on which version you use, QBO is excellent for managing your inventory, overseeing sales channels, getting paid, shipping and tracking orders, or getting funding.

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On-Demand Webinar: 2021 Year-End Tax Planning For Law Firms and Attorneys

Withum

2021 has ushered in a return to what we can consider our new normal for the foreseeable future. The impact of COVID-19 on law firms persists in the form of hybrid work environments as managing partners are tasked with creating return-to-work policies with flexible remote work options. With remote work comes complicated nexus implications that law firms must navigate.

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Commandments

RitaKeller

“When placed in command, take charge.” – Norman Schwarzkopf. Here is something I used years ago when I was working inside a busy CPA firm. It might make you smile but maybe you could modify it to fit your firm. CPA Firm Ten Commandments. Thou shall “Wow” clients Thou shall not be bigger than the firm Thou shall covet thy competitors’ clients Thou shall value bill Thou shall make collection calls Thou shall meet revenue goals Thou shall work smarter – not harder Thou shall not k

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.