Thu.Oct 20, 2022

article thumbnail

20 Days to a Better Firm: Help them work where they want

Accounting Today

98
article thumbnail

Insights from a VC on Today’s Startup Fundraising Market

BurklandAssociates

Alejandro Lozano, Founding Principal at Newtype Ventures, shares his perspectives on navigating recent changes in the startup funding market. The post Insights from a VC on Today’s Startup Fundraising Market appeared first on Burkland.

130
130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

IRS criminal investigators probe COVID fraud

Accounting Today

Tax 112
article thumbnail

Can Participants Certify Electronically That They Have a Financial Need for Which a Hardship Distribution Can Be Made?

ThomsonReuters

QUESTION: When participants request hardship distributions under our 401(k) plan, we collect and store documents showing that the participant had one of the immediate and heavy financial needs that are deemed sufficient to permit a hardship distribution. Could we instead allow participants to certify their needs electronically? We already use self-certification to establish that the requested distribution is necessary to satisfy the need.

audit 105
article thumbnail

Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

article thumbnail

Tax Fraud Blotter: Lavish expenditures

Accounting Today

Tax 111
article thumbnail

Independent Contractor vs. Employee Classification

Patriot Software

Here’s a payroll question: How do you differentiate between employees and independent contractors? It all depends on the relationship between the employer and the worker. It’s important to properly classify workers, but it can be tricky. Here’s an example: Joe runs his own construction business. Joe has committed to more construction jobs than he can handle, […] READ MORE.

More Trending

article thumbnail

How Vinod Shah & Co is embracing cloud accounting to reach their paperless goal

Xero

Accounting has been revolutionised many times over with the emergence of new technology. From calculators to Excel spreadsheets, accountants wouldn’t have gotten far if they weren’t willing to adapt for the good of their practices and their clients. . For Ravi Shah, partner at Vinod Shah & Co , change is being embraced in a practice that was first established by his father in 1989. .

article thumbnail

Hackers who stole $330K of crypto sentenced

Accounting Today

article thumbnail

Basic Payroll Tips for Handling Holiday Gifts to Your Employees

Patriot Software

It’s the holiday season. Depending on your business, you might be in the midst of holiday sales and special offers. You might have decked your office or retail space with festive decorations to show holiday spirit to customers. But, what about your employees? You want to show them some holiday cheer, too. Perhaps you organize […] READ MORE.

payroll 98
article thumbnail

ADC's 2022 Strategy Meeting is a Success!

AccountingDepartment

AccountingDepartment.com Co-Founders, Dennis Najjar & Bill Gerber.

article thumbnail

The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

article thumbnail

Recording Credit Card Sales in Your Books

Patriot Software

Do you accept credit card payments in your small business? If you do, that’s great news for the 80% of consumers who prefer playing with plastic. But, it comes with additional business responsibilities, such as recording credit card sales in your books. Although you may be familiar with recording cash or check sales, credit card […] READ MORE.

Sales 98
article thumbnail

UHY merges in JVTR

Accounting Today

98
article thumbnail

License to Sell: Your Guide to Applying for a Sales Tax Permit

Patriot Software

Many businesses need to collect sales tax from customers. But before you can start collecting it, you must obtain a sales tax permit with the state. Find out how to apply for a seller’s permit by state to keep things legal. What is a sales tax permit? A sales tax permit, or sales tax license, […] READ MORE.

Sales 98
article thumbnail

Tech News: FinancialForce updates community hub

Accounting Today

article thumbnail

Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

article thumbnail

Do You Know How Temporary vs. Permanent Accounts Differ?

Patriot Software

As a business owner, you are likely familiar with certain accounting accounts, like your assets or expense accounts. But did you know that each account can also be labeled as a permanent or temporary account? Read on to learn the difference between temporary vs. permanent accounts, examples of each, and how they impact your small […] READ MORE.

Account 98
article thumbnail

IMA teams with Controllers Council

Accounting Today

article thumbnail

Pay Card Laws by State and Regulations

Patriot Software

As pay card usage picks up steam, you may consider using them in your small business. But before you decide to implement this payment method, you must understand pay card laws by state. Many states have laws in place that prohibit, limit, or allow employers to use pay cards. Violating state (and federal) payroll debit […] READ MORE.

payroll 98
article thumbnail

Companies push positive news when SEC disclosures are negative

Accounting Today

article thumbnail

8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

article thumbnail

7 Precautions for Accepting Checks: Spotting Counterfeit Checks & Verifying Funds

Patriot Software

Accepting check payments from customers may increase your chances of making a sale, but it comes at a price. If you receive counterfeit checks or checks from people with insufficient funds, you may have to deal with bank fees, wasted time, and lost money. To avoid these bad check nightmares, follow some standard precautions for […] READ MORE.

Sales 98
article thumbnail

IRS Releases 2023 Cost-of-Living Adjustments for Health FSAs, Transportation Benefits, Adoption Assistance, and More

ThomsonReuters

Rev. Proc. 2022-38 (Oct. 18, 2022); IRS News Release IR-2022-182 (Oct. 18, 2022). Rev. Proc. 2022-38. News Release. The IRS has released the 2023 cost-of-living adjustments (COLAs) for a wide variety of tax-related limits, including limits relating to health FSAs, qualified transportation fringe benefits, qualified small employer health reimbursement arrangements (QSEHRAs), adoption assistance, DCAPs, the small business health care tax credit, the premium tax credit, and Archer MSAs.

article thumbnail

What Is Economic Nexus, and Does it Impact Your Business?

Patriot Software

As a business owner, you have likely heard of the term sales tax before. Heck, you might have even heard about sales tax nexus before. But, have you heard of economic nexus? If you have in-person or online sales, it’s time to listen up and learn about economic nexus. Read on to learn what is […] READ MORE.

Sales 98
article thumbnail

How Outsourced Accounting Services Can Help Your Law Firm

IgniteSpot

Benefits of Outsourced Accounting Services. Between contracts, settlements, lawsuits, and everything else, your firm has enough to worry about on the legal side without worrying about cash. However, outsourced accounting services can help in diverse ways.

article thumbnail

Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

article thumbnail

A Closer Look at Medicare and Medicare Taxable Wage

Patriot Software

As an employer, you’re responsible for payroll taxes, like Medicare tax. So, what’s the purpose of Medicare tax? And, what does it include? Keep reading to get a brief rundown. Medicare tax overview Medicare taxable wage is defined as gross earnings minus non-taxable income. Gross earnings are made up of the following: Regular earnings Overtime […] READ MORE.

article thumbnail

ABA Website Offering Free Cybersecurity Guidance

Intuitive Accountant

The American Bankers Association has developed a website aimed at helping individuals and small businesses avoid phishing scams, especially those asking for banking information.

95
article thumbnail

What Is Employee Leasing?

Patriot Software

Employee leasing can offer advantages to small business owners. Instead of directly hiring workers, the client company hires the services of a professional employee leasing organization. Also known as a professional employer organization (PEO), the leasing agency oversees everything from recruitment to HR administration. With employee leasing, small businesses can save on payroll management, tax […] READ MORE.

payroll 98
article thumbnail

ASC 842 Lease Accounting for Tenants and Landlords

Withum

The new lease accounting standards under ASC 842 were effective for private companies beginning January 1, 2022. These new standards require companies to record substantially all leases on their balance sheets and will affect real estate leases for both tenants and landlords. There will be a significant change for tenants, who under ASC 840 had mostly recorded their leases off balance sheets.

article thumbnail

How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.

article thumbnail

What Is a Balance Sheet?

Patriot Software

When it comes to running a business, you can’t ignore your finances. To help you keep your finances in order and organized, you can look at financial statements, like your balance sheet. But, what is a balance sheet exactly? Let us give you the rundown on the balance sheet definition, the components of the financial […] READ MORE.

article thumbnail

Who doesn't want a sabbatical?

Accounting Today

75
article thumbnail

Salary vs. Hourly: Which Should Your Employees Be?

Patriot Software

Determining how to pay employees can be difficult. Not only do you have to determine how much to pay employees, you also have to decide if you will give employees a salary or hourly wages. Determining if your employees should be salary vs. hourly might take some deliberation. There are laws and different benefits of salary […] READ MORE.

payroll 98
article thumbnail

This EY Split Thing is Going to Be Responsible For a Lot of Dinners and Golfing in the Year Ahead

Going Concern

The EY split is yet to be official — that should come late next year after a vote in a few months — but technology consultants that would have to go up against “the competitive edge” of a liberated EY consulting house for clients should get to work now if they want to stand out and win the work according to research by Gartner.

audit 64
article thumbnail

Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.