Tue.Jun 07, 2022

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The 3 C’s of Downturn Planning: Cash, Communication, Contingency

BurklandAssociates

This conversation is from an episode of Startup Success. In this special episode, Burkland’s Steve Lord, CFO Fintech Practice Lead, and Daniel Rosenbaum, Burkland Consulting CFO, give candid advice on Read More. The post The 3 C’s of Downturn Planning: Cash, Communication, Contingency appeared first on Burkland.

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Multi-channel selling sales tax: Marketplace facilitators

TaxConnex

The exploding world of eCommerce has put a new player front and center: the marketplace facilitator. They’re platforms where third-party sellers of any size and geographic area can facilitate retail sales, including the collection/processing of payments, in exchange for compensation. They’ve been around for years, and today some of the biggest names are Amazon, eBay and Etsy.

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How Sustainable are Your Accounting Practices?

Intuitive Accountant

While it might take a little more effort for small business accountants or owners to focus on sustainable practices, there are things you can do. Xero's Latisha Carter explains.

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How to nail end of financial year: A guide for Australia’s self-employed

Xero

It’s no secret that end of financial year (EOFY) comes with its challenges for many self-employed Australians. Whether you’re a sole trader, side-hustler or freelancer, understanding deductions to super and taxes – on top of running your own show – is enough to make anyone’s head spin. Thankfully, there’s a way to make sense of it all. How? By talking to your advisor. .

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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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Former Big 4 Managing Director Ed Keck Joins Withum to Lead Cyber and Information Security Practice 

Withum

Withum, a top 25 public accounting and advisory firm, welcomes experienced cybersecurity professional, Ed Keck , as a Partner and Market Leader of the Firm’s Cyber and Information Security Practice. Cybersecurity for business is facing increasing demand due to a rise in cybercrime and executives’ desire for protection, fraud prevention and incident response. .

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Remote Employees are More Productive in the Modern Workplace

AccountingDepartment

Startups and small businesses typically depend on a workforce where everyone wears many hats. Entrepreneurs may find themselves trying to do everything from product creation and production to managing financial records. The good news is that research shows remote work arrangements support a more productive modern workplace.

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Why this South African accounting firm will always put its people first

Xero

When we think about running a successful accounting practice, we often think of profit, efficiencies, choosing the right digital tools, marketing – the list goes on. These are all important, but an essential part of building a successful business is the people and culture. . You can have all the right technology, but you need the right people to back it up.

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Your Future Forward 2022 Rewind

Intuitive Accountant

If you missed one of the sessions of our Future Forward virtual conference in May or you want to view a session again, register for our event archive sessions today. Here's how.

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The Most Important Tax Issues For Homeowners | Canopy

Canopy Accounting

The principal residence is probably the one thing that nearly all our clients have in common! So dealing with the tax situations arising from the principal residence is something that crosses our desks almost every day during tax season.

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Sole Proprietorship vs. LLC: What’s Best for Your Business?

Patriot Software

You’ve finally come up with the perfect business. Now, it’s time to structure it. And if you’re torn between sole proprietorship vs. LLC (limited liability company) you might be wondering what business entity best fits your needs. What is the difference between sole proprietor and LLC? This guide will explain the differences and what they […] READ MORE.

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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.

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CalCPA BUZZ: It’s Election Day!

CalCPA

Today, Californians will be headed to the polls to cast their vote in local, state and federal primary elections. While every election is. The post CalCPA BUZZ: It’s Election Day! appeared first on Hot Topics.

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What Role Should a CFO Play in Your Organization?

Anders CPA

As a follow-up to our recent But Who’s Counting? podcast episode, we’re looking at the state of chief financial officers (CFOs) and how the role has changed in the current business environment. As we transition from business recovery to business expansion, the role of a CFO needs to adapt beyond just financial insight to foster growth in their companies.

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The three golden rules of running a small business

Menzies

Menzies LLP - A leading chartered accountancy firm. All owner managers are aware that running a small business is not always smooth sailing and numerous different factors can impact its financial performance. However, by taking into account three key areas, time, communication and trust, decision makers stand a stronger chance of overcoming industry challenges and maintaining a viable business. 1.

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A modern accountant’s guide to client accounting services

Accounting Today

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How Automation is Driving Efficiency Through the Last Mile of Reporting

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

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General Ledgers at Scaling New Heights (Part 3)

Intuitive Accountant

Returning to General Ledgers appearing at this year's 'Scaling New Heights,' Murph provides a summary of Xero features that users find so 'beautiful.

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Inheriting a retirement plan? The IRS gets pushback to its stark proposal

Accounting Today

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Aol Search

SkagitCountyTaxServices

Depending on the type of pest, they remove mrbeast giveaway windows 10 can leave some pretty nasty stains all over your home’s walls, floors, and surfaces. The gas will seep into every area and penetrates wood structures where termites eat and live. This also means that pests hiding in beams, walls, or even floorboards are covered. These areas are typically not accessible by ordinary means.

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Sweeping crypto legislation targets stablecoins, mining

Accounting Today

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

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Recognition & Inclusion

RitaKeller

“You will find meaning when you bring purpose to work with you.” – Dan Rockwell. Last week Dan Rockwell ( @LeadershipFreak ) tweeted the words below. As a firm leader, it is up to you to recognize, include, and consult your team. I am using his words to encourage you to do what he suggests: Practice: Once a week say, “I’m trying to make this better, but it’s not working like I’d hoped.

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SEC requires more paper forms to be filed electronically

Accounting Today

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How to start advising clients about their future rather than their past

Mark Lee

It occurs to me that some accountants keen to do more advisory work might find it easier if they change their mindset. I suggest that the first and primary way to develop the advisory side of your practice is to be clear as to why you want to do it. If your motivation is simply to earn more fees by providing more services to clients you may struggle as compared with those accountants who evidently want to make a genuine difference to the life of their clients.

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CAS revenues leave other services in dust

Accounting Today

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Recruit and Retain New Blue-Collar Talent

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.

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Corporate Overlords Try to Scare Us Back Into the Office With Figures on How Much WFH is Costing You

Going Concern

As we watch gas prices tick higher and higher, commercial lessors and middle managers everywhere are anxious to get people back in chairs. Their chairs. Gross, old, shared-space, contains-the-farts-of-coworkers-past chairs. Nothing at all like the luxurious gaming chair your firm WFH stipend covered, though let’s be honest that one is harboring some ghost farts too.

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EY split shows why successful CEOs need to hear ‘no’

Accounting Today

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Ten Lucrative Side Hustle Ideas for Big 4 Accountants

Going Concern

Things are getting pretty bad financially for all of us right now; grocery trips are digging deeper into our pockets every time we pick up a few things, rents are rising, and gas is up to $37 a gallon ($40 by the time I finish this sentence probably). Inflation is expected to remain high through 2022 so expect things to get worse from here. You will no doubt be disappointed by your raise this year (unless you quit and find a new firm) but the bills still have to be paid.

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Lease liabilities return to pre-pandemic level as companies adjust to accounting standard

Accounting Today

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Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses

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.

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Staying sane during tax time

Reckon

It’s almost 1 July, you know what that means right? Tax time is looming, and it’s time to finalise your EOFY to hit the ground running. You’ll need to organise tax returns, refresh your business plan, balance your books, do a year in review, consult with your accountant, and ensure absolute compliance with the ATO. But you knew that already. It also means a few metric tons of brow-furrowing pressure and stress.

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IRS offers guidance on leave-based donation programs to aid Ukraine

Accounting Today

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Holdout Poland digs in heels against deal for global minimum tax

Accounting Today

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AI bolstered by tech advances in other areas

Accounting Today

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How CPA Firms Can Profit From Payroll Services Without the Extra Work

"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.