Going Concern

SEPTEMBER 1, 2022

Last week, we published a letter written to Fortune by a former CPA who pivoted to driving 18-wheelers and found far more career happiness than he ever would have in accounting (good for him). It seems his words resonated with a few people who felt compelled to reach out and offer their own perspectives. Here are two of the emails we received in response to that article.

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cpas cma Real Estate accounting and finance 94

TaxConnex

SEPTEMBER 1, 2022

This June marked 4 years since the landmark Supreme Court decision that launched economic nexus, South Dakota v. Wayfair, Inc et al , but many businesses are still trying to figure out how to manage sales tax obligations brought on by this decision. The following is a list of 3 things you need to know to get started in understanding your economic nexus footprint. 1.

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South Dakota Mississippi Iowa Sales 200

MyIRSRelief

SEPTEMBER 1, 2022

Although the 2022 Inflation Reduction Act (IRA) was touted as being a bill designed to reduce inflation, it carries with it considerably more baggage. In particular, the expansion of the IRS and it tax enforcement arm will result in more taxpayers seeking IRS audit & appeals help as it comes into effect starting next year. Understanding the expansion of the IRS and how it affects you will assist in reducing the chances that you will be audited.

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audit tax return Tax Education 130

Intuitive Accountant

SEPTEMBER 1, 2022

WholesalePayroll is a different way to think about payroll. It's a product you can brand with your own identity, even a solution you can embed—an opportunity you should consider exploring.

payroll 105

payroll 105

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Ryan Lazanis

SEPTEMBER 1, 2022

As you grow and develop your own firm, mistakes will inevitably happen. That’s why in this podcast episode, I will share with you the 5 things I wish I would have done differently to help make your life easier during your firm-building journey. Listen Below. 0:55 – The first thing I would have done differently would have been to delegate more. 1:43 – So many firm owners I see are involved with all areas of the business when in actuality they can hire and delegate. 2:09 –

Education 98

Education Account accountant accounted 98

Intuitive Accountant

SEPTEMBER 1, 2022

Since you are your clients’ trusted advisor, you should continually remind them that the best way to avoid being unprepared is to get ready. Insightful Accountant Publisher Gary DeHart explains why.

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Account accountant accounted 105

Patriot Software

SEPTEMBER 1, 2022

Do you know how to hire employees? What all goes into the hiring process? For starters … a lot. Too much for one regular article to cover, which is why I’ve written this mega article. After over 30 years of trial and error, I know how to avoid hiring losers. So, I’ve wrapped up my […] READ MORE.

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payroll 95

Xero

SEPTEMBER 1, 2022

One of the greatest challenges for small businesses is accessing capital when they need it most. My experience has shown this is a complex problem to solve and one I believe businesses, accountants and lenders must all solve together. So I was excited to host a panel discussion at Xerocon London with three experts to understand how small businesses can feel supported on their finance journey. .

Finance 84

Finance bookkeeping accounting and finance Non-Profits 84

Patriot Software

SEPTEMBER 1, 2022

According to one source, 96% of employers conduct at least one type of background screening. If you’re like many business owners, you likely want to do your due diligence before making any hiring decisions. Otherwise, you could be left with some rotten apples and wasted time. If you haven’t already, jump on the background check […] READ MORE.

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payroll 93

Withum

SEPTEMBER 1, 2022

Today a new semester starts at Fairleigh Dickinson University (FDU). I will be teaching Auditing in the Master of Accounting Program. This will be the ninth course I will be teaching at FDU. FDU has one of the country’s top MBA and graduate programs in accounting, and I am honored to be a part of this fine university. I’ve taught about 30 semesters at FDU.

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auditor audit accounting principles financial statements 75

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.

Patriot Software

SEPTEMBER 1, 2022

As an employer, you are likely familiar with the standard methods of paying employees, such as cash, checks, direct deposit, and pay cards. However, as technology advances, so do the methods of paying employees. Mobile wallets and pay are slowly becoming the future of payroll. In fact, mobile payments are expected to increase to $503 […] READ MORE.

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payroll Technology 89

Accounting Today

SEPTEMBER 1, 2022

audit 145

audit Technology 145

Patriot Software

SEPTEMBER 1, 2022

Ever feel like getting customers to pay is like pulling teeth? If you’re in business and invoice customers, the answer is likely a resounding yes. Many customers wait until the due date to pay (who hasn’t?). Other customers still don’t pay even after the deadline has passed. And if your business needs cash, you may […] READ MORE.

Account 87

Account accountant accounted 87

SkagitCountyTaxServices

SEPTEMBER 1, 2022

Writing research papers is an incredibly challenging task with two sides. The team has to be talented and skilled writers who can convey their ideas by using words. However they should also be knowledgeable researchers who know how to find the most reliable data sources. Sometimes, this involves reading encyclopedias and books, in along with the Internet.

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CPA 65

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

SEPTEMBER 1, 2022

Hiring your first employee is a huge milestone for you and your business.[/inlinetweet] However, becoming an employer comes with many additional responsibilities. If you’re ready to become an employer, you must know which steps to follow. 8 Steps for becoming an employer Use these eight steps to learn how to become an employer. 1. Find […] READ MORE.

payroll 81

payroll 81

Going Concern

SEPTEMBER 1, 2022

So r/accounting decided they wanted to remind of us of PwC’s horrifying Shabooya incident and discuss corporate bonding exercises that are somehow worse than that which I didn’t think was possible. Because I hate to cringe alone, I figured I’d share in case you missed it. First, Shabooya for the unfamiliar (TW: cringing, unnecessary enthusiasm): PwC, you will never live this down.

Gaming 57

Gaming Account accountant accounted 57

Patriot Software

SEPTEMBER 1, 2022

As an employer, you face the challenge of juggling employees’ vacation requests. It can be difficult to find the perfect balance of being flexible while ensuring your business has enough coverage. To keep things fair and square, learn the ins and outs of managing vacation requests. Managing vacation requests Otherwise, unfair procedures could spell doom […] READ MORE.

payroll 74

payroll 74

ThomsonReuters

SEPTEMBER 1, 2022

In the latest episode of Pulse of the Practice, “ Advisory Symposium ”, Paul Miller, Owner of Business by Design , and Mo Arbas, Senior Business Advisory Consultant with Thomson Reuters, sat down with Lisa Tierney, Manager, Professional Services with Thomson Reuters Tax & Accounting Professional Services, and Therese Witherow, Principal Trainer at Thomson Reuters, to discuss the Thomson Reuters Advisory Symposium.

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Florida Tax Account accountant 52

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Technology

AccountingDepartment

SEPTEMBER 1, 2022

As a business owner, handling accounting in-house and with manual processes may seem like it will save you the immediate expenses of a professional, but it could be costing your business much more in the long run.

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Account accountant accounted Technology 52

ThomsonReuters

SEPTEMBER 1, 2022

It’s been more than twenty-five years since the Superfund Excise Tax was suspended, so when a new version went into effect on July 1, 2022, many companies were unsure whether the tax applied to them—or if it did, how they should calculate, report, and pay the taxes they suddenly owe in an accurate and timely manner, with the same or fewer resources as they had before.

Technology 52

Technology Tax Manufacturing accounting and finance 52

Snyder

SEPTEMBER 1, 2022

In the world of e-commerce, knowing your customer is priceless. Who is your customer? What sorts of interests do they have? What excites them? Are they wealthy? Do they enjoy the niche hobby that your online store caters to? The options of what can be sold online are endless; therefore, when it comes to selling products made for specific or unique purposes, you want to ensure you target a specific audience for advertising.

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E-commerce Sales 52

ThomsonReuters

SEPTEMBER 1, 2022

QUESTION: Our company provides COBRA administration services such as preparing and mailing election notices. Are there any circumstances under which we could be liable for COBRA penalties or excise taxes? ANSWER: Generally, a third-party administrator (TPA) will not be directly liable for statutory COBRA penalties unless the TPA is designated by a plan as its plan administrator.

Tax 52

Tax Account accountant accounted 52

Advertiser: Paycor

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Accounting Today

SEPTEMBER 1, 2022

Account 98

Account accountant accounted 98

ThomsonReuters

SEPTEMBER 1, 2022

McQuillin v. Hartford Life and Accident Ins. Co., 2022 WL 2029879 (2d Cir. 2022). Available at [link]. The Second Circuit has held that a participant was deemed to have exhausted a benefit plan’s administrative remedies and could file a lawsuit because the plan administrator failed to provide a final determination within the time required under ERISA’s claim procedures.

Tax 52

Tax Account accountant accounted 52

Accounting Today

SEPTEMBER 1, 2022

small business accounting software 98

small business accounting software small business accounting accounting software business accounting 98

ThomsonReuters

SEPTEMBER 1, 2022

Tice-Harouff v. Johnson, 2022 WL 3350375 (E.D. Tex. 2022). A provider who instructs patients in fertility awareness-based methods of family planning (FABM) sued HHS and its Health Resources and Services Administration (HRSA) for removing “instruction in fertility awareness-based methods, including the lactation amenorrhea method” from the HRSA list of recommended preventive health services.

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Education Tax Account accountant 52

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Finance

Accounting Today

SEPTEMBER 1, 2022

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98

ThomsonReuters

SEPTEMBER 1, 2022

Franciscan Alliance, Inc. v. Becerra, 2022 WL 3700044 (5th Cir. 2022). Available at [link]. In a long-running dispute between HHS and a group of faith-based health care providers over the reach of Affordable Care Act (ACA) Section 1557, the Fifth Circuit has upheld a permanent injunction prohibiting HHS from requiring the providers to perform or provide insurance coverage for gender-transition procedures or abortions.

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Legal Tax Account accountant 52

Accounting Today

SEPTEMBER 1, 2022

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Tax 98

Canopy Accounting

SEPTEMBER 1, 2022

A sharp, well-organized document management system benefits your accounting firm in important ways.

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Account accountant accounted accounting firms 52

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"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