Tue.Jan 10, 2023

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3rd Annual Sales Tax Market Research Survey Results Released!

TaxConnex

We have completed our third annual survey of top financial professionals on how they are managing sales tax. This year’s results reveal a perfect storm is brewing for financial leaders who continue to depend on internal resources even though expertise and bandwidth is lacking while companies struggle with the current economic climate, rising inflation, and a tight job market.

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How Startups Can Make $1M Per Year Doing Nothing

BurklandAssociates

With interest rates up, startups should evaluate deploying capital they won’t need for a while into interest-bearing instruments. The post How Startups Can Make $1M Per Year Doing Nothing appeared first on Burkland.

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House votes to strip IRS funds intended to catch tax cheats

Accounting Today

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Meet the Top 7 FP&A Trends for 2023

Insightful Accountant

As financial planning and analysis continues to evolve, keeping up with the trends is critical. Jedox CFO Dr. Björn Schmidt dishes on the top trends for you to watch this year.

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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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Supreme Court considers attorney-client privilege in tax case

Accounting Today

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AvidXchange @ QuickBooks Connect 2022

Insightful Accountant

Insightful Accountant caught up with Lance Conrad of AvidXchange during QuickBooks Connect in Las Vegas.

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3 Minutes with Mark Wickersham

Accounting Insight

Kicking off our first ‘3 Minutes With’ of the year is Mark Wickersham – Accountex trail blazer, Chartered Accountant, public speaker and #1 best-selling author. He is known for helping accounting firms double their profits in less than 18 months without having to work harder or do any uncomfortable marketing. In May 2011 his first book, “Effective Pricing for Accountants”, was a number 1 Amazon bestseller. 1.

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Crypto accounting and decrypting digital assets

Accounting Today

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7 Trends That Could Change the Workforce in 2023

GrowthForceBlog

7 min read. To say the least, the last several years have been tumultuous for businesses around the world. Key Takeaways. Trends That Could Change Your Business in 2023 - Hybrid and Remote Work: If you want to hold onto your employees and attract top-quality candidates in 2023, then it might be necessary to transition to a hybrid office model…. Trends That Could Change Your Business in 2023 - Retention Through Cross-Training, Collaboration: With upskilling, career development, and on-the-job tra

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Cybercriminals get corporate to launch more sophisticated attacks

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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What Real Customers Have to Say About Online Bookkeeping and More

IgniteSpot

Understanding Online Bookkeeping Services. One of the simplest things you can do to get your finances organized is to hire a bookkeeper. Online bookkeeping services take care of the minutiae of recording financial records both correctly and on time.

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IASB proposes leeway for deferred tax accounting under OECD rules

Accounting Today

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What is Lockstep Self-Service?

Lockstep

Accounting Self-Service Live for Customers and Vendors. Receiving more requests for invoices and documents from customers more frequently? Are vendors asking you for more documents, more often? Do you spend more time managing disputes and organizing customer communications? Is providing a superior customer experience every step along the way a priority?

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Businesses turn to accountants to assess climate risks

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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5 Important Tools to Help You Understand Cash Flow

Insightful Accountant

The Bonadio Group's Jay Jerose breaks down some cash flow models and projections that can serve as a useful indicator for future business performance.

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Most companies pay $11 or more per expense report

Accounting Today

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Accounting Cost For Small Business: How Much An Accountant Costs Your Small Business

Snyder

Business owners are fully aware of the importance of accounting, but how much should they expect to pay for it? A business owner must understand how much, on average, business accounting costs. After all, accounting, as an integral part of a business, is something not to put aside. To answer the above question, we’ll need to look at small business accounting as a process.

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In the blogs: That figures

Accounting Today

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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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Register Today for QB Talks with Esther Firedberg Karp

Insightful Accountant

The Jan. 18, 2 p.m. (EST) edition of 'QBTalks' features Esther Friedberg Karp and Murph discussing the powerful capabilities of QuickBooks Enterprise for 2023.

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Abbott, Texas GOP at odds on how to spend record $33B surplus

Accounting Today

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Accountex Australia opens visitor registration

Accounting Insight

Europe’s top accounting and finance event is heading down under to bring the Accountex experience to Australia on 15-16 March 2023 at Sydney’s ICC. Commercial Director, Alex Haughton of Diversified Communications, said there has been a significant push from the Australian industry to get an Accountex event for the local market. “Accountex will be an invaluable opportunity for these firms to scope the latest innovations and gain the practical and positive tools they need to help Australia’s busin

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What it takes to be a forensic accountant

Accounting Today

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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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The importance of collecting mentors

Reckon

The idea of mentorship is hardly a novel one – it’s been the primary way people have been passing down knowledge for Millenia. Some of you may have a few mentors already. You may not even think such people as being ‘mentors’ as such. Many more of you will think you don’t need one – you’re bright and experienced enough to make your business work, right?

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FREE CPE/CE Webinar: §199A and Reasonable Compensation – Jan 12 & Feb 2, 2023

Nancy McClelland, LLC

Presented by Thomas Gorczynski Partner/CEO/President Gorczynski & Associates, LLC. One of my favorite presenters — Tom Gorczynski — is giving a free webinar in conjunction with RCReports (one of my favorite apps), and CPA Academy (one of my favorite education platforms) this Thursday, January 12 (to repeat on Thursday, February 2), on Section 199A and how it interacts with Reasonable Compensation requirements.

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House Republicans Go After IRS Agent Funding But Leave Technology Funds Alone Because Even the GOP Agrees IRS Call Wait Times Suck

Going Concern

This lady is going to be on hold for a long time, her phone isn’t even plugged in to the wall. The GOP-led House voted 221-210 on Monday to eliminate almost 90 percent of $80 billion in new IRS funding under the Inflation Reduction Act, much of which is supposed to be used to fund the hiring of 87,000 new employees over the next ten years (a bit on how difficult it is going to be to find 87,000 IRS agents here ) to replace the IRS’s aging workforce.

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Want Your Business to Pay Less in Taxes? Here’s How to Reduce Your Tax Bill

Patriot Software

Running a business also means paying business taxes. Regardless of what you’ve heard, business taxes don’t have to be stressful. In fact, you can actually reduce your tax bill. Read on to learn about business taxes and how to reduce your tax bill as a small business owner. Plus, get five tips for reducing your […] Read More.

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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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The IRS Raises 2023 Retirement Plan Contribution Limits

Dent Moses

As they do each year, the IRS announced 2023 retirement plan increases as follows: 2022. 2023. 2023 Catch Up. 401(k), 403(b) & 457. $20,500. $22,500. $7,500. Traditional or Roth IRA. $6,000. $6,500. $1,000. SIMPLE IRA. $14,000. $15,500. $3,500. SEP IRA. $61,000. $66,000. N/A. Catch-Up Contributions. Individuals aged 50 or older are allowed to make additional catch-up contributions to qualified plans.

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Filling historic gaps in National Insurance (NI) records comes to an end on 5 April 2023

Inform Accounting

The ability to fill historic gaps in National Insurance (NI) records to top up your state pension will come to an end on 5 April 2023. Under normal NI top up rules it is only possible to fill gaps in your NI record for up to six years. This would mean that the year ended 5 April 2017 would be the earliest year that could be filled currently. However, for a limited period (until 5 April 2023) it is possible to go back further and fill gaps for any year from 2006/07 onwards.

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Beware These Red Flags in Hospital Physician Credentialing

Anders CPA

Hospital credentialing of physicians is partly an application and document-gathering procedure, but just as important is the investigative angle. Hospitals must verify information during the physician credentialing process to expose any red flags that were missed during the hiring process. Avoid negligent credentialing lawsuits with a strong primary source verification system and protect patient safety along the way.

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How to find the right software to manage multiple entities as your business grows

Accounting Insight

Growth is the reason most businesses exist. Expansion, acquisitions and new ventures should be exciting prospects. But they can also cause severe headaches for the people who have to worry about producing a comprehensible set of accounts at the end of it all. Whether the growth in your organisation has been organic or achieved by acquisition, it may have produced a complex group of related entities which are difficult for the finance department to keep track of and manage.

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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.