Wed.Oct 26, 2022

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Be Prepared – 2022 Year-End/Year-Round Tax Planning Guide

Dent Moses

Dent Moses is committed to helping you maximize your income through a variety of tax-saving strategies. We are sharing our 2022 Year-End/Year-Round Tax Planning Guide. . 2022 Year-End/Year-Round Tax Planning Guide. With the lingering impact of the global pandemic and the recent passage of the Inflation Reduction Act, there are a number of tax developments to consider for the current tax year.

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What Are the Types of Revenue Small Business Owners Need to Know?

Patriot Software

To keep business operations running smoothly, you need incoming money. When you make a sale or earn money from another activity, you need to record it. Learn how to record the types of revenue in different accounts. That way, you can keep your accounting books updated, organized, and legal. What is revenue? Revenue, or sales, […] READ MORE.

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Debra Kilsheimer on Billing, New Tech Selections and Running a Successful Firm

Intuitive Accountant

On the latest episode of Accounting Insiders, the owner of Behind the Scenes Financial Services and Top 100 ProAdvisor joins Gary DeHart to talk shop—and more. Check out the interview on the Insightful Accountant YouTube page.

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E-File vs. Paper File: The Advantages and Disadvantages You Must Consider

Patriot Software

In this digital era, it may seem surprising that there is an option to file a paper tax return. But before you kick the idea of paper filing to the curb, consider the advantages and disadvantages of e-File vs. paper file below. E-File vs. paper file E-Filing, or electronic filing, is the process of submitting […] READ MORE.

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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.

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Preparing a company to go public

Accounting Today

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Assets Definition, Types of Assets, and More

Patriot Software

Over time, your small business gains assets when you purchase items that bring value to your company. These assets are an essential part of your business that can help generate revenue and increase your business’s value. So, what are assets? What are assets? Your business’s assets are items or resources of value, such as property, […] READ MORE.

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Know Your Customer: Who Are You Really Doing Business With?

Patriot Software

Take a step back and think about this: How well do you really know your customers? If you’re in a business that involves money, such as a bank or insurance agency, it can pay off to do your due diligence when it comes to your customers. The process of knowing your customer and verifying your […] READ MORE.

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Automate. Digitize. Repeat.

Intuitive Accountant

A new FLEETCOR survey shows how automation provides small businesses opportunities to overcome some of their most pressing challenges.

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Income Statement vs. P&L

Patriot Software

Knowing your business’s financial health is key to budgeting, decision making, and implementing change. You can learn about your finances by using financial statements. To find out your company’s net profits during a specific time, use the income statement or P&L. What is the difference between income statement vs. P&L? P&L vs. income statement P&L […] READ MORE.

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Executive-bonus clawbacks get long-delayed approval from SEC

Accounting Today

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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.

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The Pros and Cons of a Partnership

Patriot Software

If you’re starting a business and have one or more partners, it might seem obvious to form a business partnership. This is a business structure that allows you and at least one other person to both have ownership of the business. Even though forming a partnership might make sense, it’s not your only option. Before […] READ MORE.

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20 Days to a Better Firm: Recognize your veterans

Accounting Today

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What Is the Product Life Cycle, and How Does it Impact Pricing Strategies?

Patriot Software

Part of being a small business owner is strategizing pricing, creating and marketing products or services, and paying attention to industry trends. If you sell goods, you need to know about the product life cycle. Product life cycle is a model that the majority of business owners recognize and follow. It helps small business owners […] READ MORE.

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M&A roundup: Deals across the East and Southeast

Accounting Today

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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.

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Use a Suspense Account for Questionable Transactions

Patriot Software

Sometimes, you don’t have all the necessary information for accounting. Missing or incorrect details can derail your bookkeeping efforts, but you need to record every transaction. Use a suspense account when you’re not sure where to record general ledger entries. What is a suspense account? A suspense account is an account where you record unclassified […] READ MORE.

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Pfizer probed in Italy for allegedly hiding $1.2B profit

Accounting Today

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What Is Zero-Based Budgeting, and How Can it Help Small Businesses?

Patriot Software

To stay on top of your business expenses, you need to constantly plan and update your small business budget. When you make a traditional budget, you use the previous budget and tweak it. This might not be the most effective way to make a budget, especially for small companies. Another option is zero-based budgeting. What […] READ MORE.

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QuickBooks for Mac 2023 Condense Utility – Part 1

Intuitive Accountant

In this two-part series, Murph examines the enhanced condensed utility within QuickBooks for Mac 2023.

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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.

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What Is Deferred Revenue?

Patriot Software

Do customers pay you for your goods or services before you actually deliver them? If so, you need to know about deferred revenue. Learn about deferred revenue and how to record it in your accounting books. What is deferred revenue? Deferred revenue refers to payments customers give you before you provide them with a good […] READ MORE.

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What are the benefits of forecasting revenue?

Basis 365

Forecasting revenue is essential, no matter how big or small your business. Everyone has heard of strategic planning and when it is time to hire new employees. But do you know when you should expand your team, launch your next marketing campaign, or launch your product? How can you plan your budget for advertising, marketing, and sales? This is especially important if you're a start-up with no prior experience.

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How Long to Keep Business Receipts

Patriot Software

If you find yourself tossing receipts left and right, you may want to think again. As a small business owner, keeping receipts is essential for your financial records. And not being able to locate a receipt can be problematic for your business. You need to know how long to keep business receipts to avoid complications […] READ MORE.

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Avoiding Layoffs: Alternatives to Workplace Reductions

GrowthForceBlog

11 min read. In September 2022, the U.S. economy added 263,000 jobs, and the unemployment rate shrank to 3.5% [1]. These optimistic numbers have made some economists hesitate to call the country's economic situation a recession. Key Takeaways. Why Layoffs Are a Savvy Business Leader's Last Resort: Although letting go of employees is a simple way to save money, this strategy also comes with hidden costs….

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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.

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What is the R&D Tax Credit, and How do I Claim It?

Basis 365

Organizations can save on taxes by using the Research and Development tax credit. However, many business owners need to be aware of the R & D credit or believe it applies to their situation. To claim it, having test tubes or lab coats is unnecessary. Yet, this is everything you need about the research-and-development tax credit. What's the R&D tax credit for?

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The many faces of diversity in accounting

Accounting Today

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When a Local Skagit County Business Is Shutting Its Doors

SkagitCountyTaxServices

This might not apply to you. So it could just be something to file away for the future. But I’m hearing enough rumblings from other accountants and seeing some of the signs … SMB owners could be in for a tough ride over the next little while and that could mean any Skagit County business could end up shutting its doors. And sure – nobody likes to think about the end of something.

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'Tomorrow ousts today'

Accounting Today

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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.

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Quote of the Day: “The War For Talent Is Over. Talent Won.”

Going Concern

Fresh off the presses from CNBC , PwC US Chair Tim Ryan just dropped the mic on the talent shortage: In the headlines, the war for talent is still taking place on two fronts, with a hot labor market still tilted to job seekers even in a cooler economy, and companies testing the power they have post-pandemic to mandate a return to office. On that second front, though, PWC U.S.

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Alex Wilson, Co-Founder of The Giving Block

Withum

Explore Other Episodes. The post Alex Wilson, Co-Founder of The Giving Block appeared first on Withum.

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When a Local Skagit County Business Is Shutting Its Doors

SkagitCountyTaxServices

This might not apply to you. So it could just be something to file away for the future. But I’m hearing enough rumblings from other accountants and seeing some of the signs … SMB owners could be in for a tough ride over the next little while and that could mean any Skagit County business could end up shutting its doors. And sure – nobody likes to think about the end of something.

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Intuit QuickBooks Holiday Shopping Survey

SchoolofBookkeeping

Are you ready for the Holidays? It is right around the corner, and we are excited to see what Santa brings us this year. This year as inflation rises, more people will be waiting to see what deals they can capture on Black Friday and comparing prices by shopping online. Although many local vendors need our support more than ever. Will you bargain shop or shop local?

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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.