Canopy Accounting

OCTOBER 31, 2022

Starting a new business is a pretty exciting time for any new business owner. The idea that they are beginning something great empowers them to work their hardest and do their very best to have a successful business. These first few moments as a new business owner are exciting times, however, they may cause the business owner to underestimate the importance of having good accounting practices in place from the very start.

Account 105

Account accountant accounted 105

Snyder

OCTOBER 31, 2022

You may want to start a new career or may consider starting an e-commerce store as a possibility of additional income. Whatever the reason, selling on Shopify may become your solution as it’s really easy and convenient. In this article, we’ll answer all your questions so you can have a better picture of what it’s like — to start your own small business with Shopify.

E-commerce 97

E-commerce Start-ups Tax Sales 97

Patriot Software

OCTOBER 31, 2022

If you’re a small business owner, you can deduct your mileage on taxes as a business expense. But, make sure you’re following the rules about what drives you can deduct. Here’s what every small business owner should know about deductible business mileage. Why should I care about my mileage? Your miles can really add up. […] READ MORE.

Tax 96

Tax Account accountant accounted 96

Xero

OCTOBER 31, 2022

Invoicing is one of the most critical parts of running a business or practice. That’s why we’re committed to providing you with a smart and simple way to create and send an invoice, so you can work more efficiently, get paid on time and give your customers a better experience. We have two invoicing experiences in Xero right now: the older version (known as ‘classic’ invoicing) and ‘new’ invoicing.

audit 93

audit Tax Technology Account 93

Advertiser: Paycor

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.

Patriot Software

OCTOBER 31, 2022

Product pricing can make or break your small business. If you set prices higher than what customers are willing to spend, you lose sales. But if you set prices too low, you don’t earn at your highest potential. Price points need to meet somewhere in the middle to generate the most revenue. Do you know […] READ MORE.

Sales 94

Sales Account accountant accounted 94

Going Concern

OCTOBER 31, 2022

Happy Spoopy Day! Here are your morning headlines: As critics suggest FASB is too slow to make new rules, FASB chair Rich Jones hits back : The standards for financial statements are “designed to provide the best information for capital allocation decisions” by investors, he said, but “at the end of the day, it’s applied by accountants, and it’s evaluated by auditors.

Account 92

Account accountant accounted audit 92

Going Concern

OCTOBER 31, 2022

Accounting Today reported on Friday: The estimated gross U.S. tax gap increased to $496 billion annually for tax years 2014 through 2016, a rise of over $58 billion from the prior estimate — and the Internal Revenue Service estimates the gross tax gap will rise to $540 billion for 2017-2019. “The increase in the tax gap estimates reflects that the IRS needs to do more, both in improving taxpayer service as well as working to improve tax compliance,” said outgoing IRS Commissioner Chu

Tax 84

Tax Account accountant accounted 84

Patriot Software

OCTOBER 31, 2022

You’re struggling to find good, quality candidates to fill an open position. Or, you’ve found the perfect candidate and want to sweeten the job offer. What do you do? In either case, you may consider offering a sign-on bonus. But before you advertise a $500, $1,000, or $5,000 (you get the picture) sign-on bonus, you […] READ MORE.

payroll 83

payroll 83

CalCPA

OCTOBER 31, 2022

On Nov. 21, tune into a free webcast for members featuring Jason Fox, CalCPA vice president of government relations, and political consultants Missy. The post CalCPA BUZZ: Get the Inside Scoop on Election Season appeared first on Hot Topics.

Government 81

Government 81

Patriot Software

OCTOBER 31, 2022

Gross income is an important financial figure you can use to calculate other figures and determine how your business is doing. Learn about gross income, how to calculate it, and how to use it. What is gross income? Gross business income is the amount your business earns from selling goods or services before you subtract […] READ MORE.

Account 81

Account accountant accounted 81

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.

Intuitive Accountant

OCTOBER 31, 2022

Established nearly three years ago, ERC was part of a larger relief package to help businesses pull through the pandemic. Check out the story on our sister site, Tax Practice News.

Tax 73

Tax 73

KROST

OCTOBER 31, 2022

California residents are used to hearing, and oftentimes experiencing, negative consequences for living in the Golden State. Whether it be earthquakes, forest fires, homelessness, or drought, we also seem to be surrounded by a stream of news about businesses fleeing California for the lower tax and regulation-lite states of Texas, Nevada, or Arizona.

California 66

California Nevada Arizona Texas 66

Intuitive Accountant

OCTOBER 31, 2022

In her third story on the messes left behind when people die, internationally renowned ProAdvisor Esther Friedberg Karp examines the ins and outs of cleaning the house.

76

76

Going Concern

OCTOBER 31, 2022

Deloitte announced today that the man with the hardest to spell last name in accounting Joe Ucuzoglu will be taking over for Punit Renjen as Deloitte Global CEO. Yes, there’s a press release : The Deloitte Touche Tohmatsu Limited (Deloitte Global) Board today announced the selection of Joe Ucuzoglu as Deloitte Global CEO, subject to a ratification vote by Deloitte member firm partners.

audit 61

audit Account accountant accounted 61

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

Technology

Patriot Software

OCTOBER 31, 2022

For many businesses, collecting sales tax is a mandatory part of selling goods and providing services. After collecting sales tax from customers, you are responsible for remitting the tax to your state or local government. But before you start collecting, you need to know how to calculate sales tax. Figuring sales tax rates can be […] READ MORE.

Sales 52

Sales Tax Government business tax 52

CTP

OCTOBER 31, 2022

When your client informs you that they intend to sell their business, they may be expecting to simply collect the profits and celebrate. The unfortunate news you will have to break to them is that the tax consequences can significantly reduce their proceeds—which is why they will need a tax strategy in place before moving forward with a sale. One tactic to consider when advising on a business sale is applying the concept of personal goodwill.

Tax 52

Tax Non-Profits Massachusetts Sales 52

Patriot Software

OCTOBER 31, 2022

If you are a sole proprietor or partner, you or you and your partners are entitled to everything in your business. You don’t provide dividends to shareholders. You have full ownership of your business. However, you still have liabilities that you need to handle. Failing to consider your liabilities will give you a false picture […] READ MORE.

general ledger 52

general ledger Account accountant accounted 52

CTP

OCTOBER 31, 2022

Selling your business may not be as profitable as you expect, especially if you have not taken the tax consequences into consideration. Business owners need to be prepared with a tax strategy before selling some or all of their shares or business assets. One lesser-known tactic for reducing these taxes is applying the concept of personal goodwill. Personal goodwill refers to an asset that is owned by an individual and not a business.

Tax 52

Tax Non-Profits Massachusetts Sales 52

Advertisement

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

Technology

Patriot Software

OCTOBER 31, 2022

You run your own business, but are you considered self-employed? The definition of self-employment can be confusing. What does self-employment mean? Find out below. Self-employed meaning Self-employed people are those who own their own businesses and work for themselves. According to the IRS, you are self-employed if you act as a sole proprietor or independent […] READ MORE.

business tax 52

business tax Tax Account accountant 52

Accounting Today

OCTOBER 31, 2022

Tax 115

Tax 115

FraudFiles

OCTOBER 31, 2022

I never thought this was something we’d have to tell an expert witness: The attorney who retained you to provide your expert opinion can’t write your report for you. Attorneys often want to have input on the the expert’s report.

45

45

Accounting Today

OCTOBER 31, 2022

Account 101

Account accountant accounted Technology 101

Advertiser: Paycor

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

Intuitive Accountant

OCTOBER 31, 2022

ADP's Dr. Nela Richardson and Julie Arzonico take a deep dive into the state of the economy, sharing an analysis of the 'National Employment Report' tailored to today's small business owners. Sign up for the Nov. 1 webinar here.

52

52

Accounting Today

OCTOBER 31, 2022

98

98

Xero

OCTOBER 31, 2022

When job hunting, how do you summarise yourself in a single page? Your experience, from school to jobs to hobbies. Your personality, the way you’d fit into a team. Same goes for businesses – how do you neatly compose a job listing that tells a potential hire exactly what makes you so special? . This is where tech startup PreviewMe comes in. PreviewMe is a video-led platform, enabling businesses to streamline the hiring process, and job seekers to put their best foot forward. .

Gaming 84

Gaming payroll B2B Sales 84

Accounting Today

OCTOBER 31, 2022

tax preparation 98

tax preparation Tax Account accountant 98

Advertisement

Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions. Our whitepaper reveals seven must-know facts about instant payments, offering to help you navigate this financial revolution effectively.

Finance

Steve Feinberg

OCTOBER 31, 2022

Landscaping is a unique industry in the U.S. in that it has a high market capitalization while also being extremely diversified. It’s estimated that 70% of the nearly 600,000 landscaping businesses in the country are operated by small business owners—all of whom are vying for part of the $105 billion annual market. Landscaping has a comparatively low barrier to entry, consistent demand, and little liability, meaning that savvy business owners can turn good profits.

bookkeeping 52

bookkeeping Construction New Hampshire tax return 52

Accounting Today

OCTOBER 31, 2022

Tax 98

Tax 98

Xero

OCTOBER 31, 2022

Over the past month, we’ve made updates to support the transition to Single Touch Payroll Phase 2 in Australia, improvements to eInvoicing, changes to multi-factor authentication, and more. Read on for more details about these and other product updates in Xero. New features. Enjoy more beautiful reports — Global. We’ve made a number of enhancements to new reports in Xero over the past month.

payroll 97

payroll Tax accounting apps Government 97

Accounting Today

OCTOBER 31, 2022

Technology 97

Technology 97

Advertisement

"Offer payroll and do it yourself,” they said. “It’ll be fun!” Spoiler alert: It was not fun. Most CPA firms know that they need to offer payroll services to their clients or risk losing them to another firm that will. However, many don’t really want to. It is often time-consuming and complex due to changing tax laws and regulations, and with the growing staffing shortages, most just don’t have the resources.

cpa firm