BurklandAssociates
NOVEMBER 30, 2020
Many have asked for the latest update on PPP forgiveness. There are a few Burkland clients who have submitted their PPP forgiveness application, were approved, and had their loan fully Read More. The post PPP Forgiveness & Tax Update appeared first on Burkland.
PYMNTS
NOVEMBER 30, 2020
The divide between digital and brick-and-mortar commerce hit a tipping point this holiday season, with more consumers than ever going online to kick off their holiday shopping sprees. Three out of every four consumers who shopped for their holiday purchases on Black Friday this year made at least one of those purchases online, and three in 10 exclusively shopped online.
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ThomsonReuters
NOVEMBER 30, 2020
The new Thomson Reuters podcast, Tax & Tech Talks explores the evolving inter section of tax and technology. Each episode explores current issue s or topic s , giving listeners an opportunity to gain a deeper understanding and new perspectives in tax and tech. We chat with top subject matter experts and industry leaders as we break down these top-of-mind topics. .
PYMNTS
NOVEMBER 30, 2020
When PayPal announced recently that its 350 million users can deposit bitcoin and other cryptocurrencies in their accounts and spend it at 26 million merchants next year, it was characterized as the inevitable advance of digital currency. Daniel Gouldman , CEO of crypto-banking platform operator Ternio , told Karen Webster that PayPal’s endorsement is a major step in crypto’s quest to go mainstream.
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Withum
NOVEMBER 30, 2020
As I do every Thanksgiving morning, I watch the Macy’s parade, or certainly parts of it, on TV. This year was no different except that there was no parade; there was a show. However, from my television screen it’s always a show.
PYMNTS
NOVEMBER 30, 2020
A hacker is reportedly selling information from hundreds of C-suite executives' Microsoft -based email accounts, according to a report from Engadget. The targets spanned CEOs, vice presidents and directors, and included "the chief of a mid-sized American software company, the president of a U.S. apparel maker and the CFO of a European retail chain," according to Engadget.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
PYMNTS
NOVEMBER 30, 2020
Some U.S. chefs and industry advocates fear new rules to stem the spread of COVID-19 could be the final straw, the Financial Times (FT) reported. Some of the country's highest-profile chefs said they expect to see a wave of failures, according to FT. "It's becoming very stressful," Chef Daniel Boulud of Manhattan's Daniel restaurant said, FT reported.
xendoo
NOVEMBER 30, 2020
As a small business owner, finding ways to optimize your business is critical to the success of your operations. Having the ability to accept payments in a fast and efficient manner is at the core of running a successful business. That said, it is extremely critical to invest in a payment processing tool that allows you to maintain optimal efficiency while saving you time and money.
PYMNTS
NOVEMBER 30, 2020
Razorpay Co-Founder and CEO Harshil Mathur said the company is working with Visa on a new corporate card, according to YourStory. The goal of the partnership is to provide "relief and stability" for small- to medium-sized business (SMB) owners, the companies said in the post. "This new card is specifically designed for small business owners to weather the impact of COVID-19," the post stated.
RitaKeller
NOVEMBER 30, 2020
“The key to learning is feedback. It is nearly impossible to learn anything without it.” – Steven Levitt. What kind of feedback are you offering at your firm? Is it an annual performance feedback session, a semi-annual review, or maybe quarterly “touch-base” type feedback meetings? Some firms have eliminated formal performance reviews completely.
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.
PYMNTS
NOVEMBER 30, 2020
The Indian economy has suffered a blow due to the COVID-19 pandemic in spite of its massive 1.3 billion customer base, The Wall Street Journal (WSJ) writes. India’s gross domestic product has fallen 7.5 percent compared to the same time in 2019, WSJ writes. While India was once among the world’s fastest growing economies, now it’s one of those that is contracting the quickest.
PYMNTS
NOVEMBER 30, 2020
HSBC Group is considering shuttering its U.S. retail banking operations after four decades trying to build a strong presence in the country, the Financial Times (FT) reported. FT based its report on unnamed sources, stating the bank is weighing "a complete exit from retail banking in the U.S. after narrowing the options for how to improve performance at its struggling North America business.”.
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
PYMNTS
NOVEMBER 30, 2020
Tech company Yoba Smart Money is working with Nets , a European payments services provider, to debut a new payment service for small- to medium-sized businesses (SMBs), according to a press release. The release stated the partnership will let companies pay costs via a credit card, while accessing on-demand liquidity alongside cost management tools. Nets will provide the full-scale solution and offer a corporate credit and debit solution using digital services, enterprise card management and secu
PYMNTS
NOVEMBER 30, 2020
At a time when surging coronavirus counts are once again muddying the outlook for consumers and business owners, MerchantE Chief Financial Officer Shim Steinmetz says the crisis has also provided a silver lining of sorts to nimble FinTechs that can solve merchants’ cash crunch problems. He told Karen Webster recently that smart FinTechs will listen to customers, take the market’s pulse and deliver the reasonably priced services that merchants need right now.
PANALITIX
NOVEMBER 30, 2020
RESOURCES / ARTICLES. Building the Accounting Business. YOU WANT in 2021. Accounting businesses are thinking ahead to 2021… and Panalitix is fortunate to be working closely with many of them in North America, Europe, Australia and New Zealand. One observation is that many partners are not satisfied with the current state of their businesses. Specifically, they want to work with clients who VALUE their skills and insights, rather than ‘checking tax returns’. they want to be stimulated by interest
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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.
PYMNTS
NOVEMBER 30, 2020
Black Friday shoppers stayed home, delivering a feared blow to brick-and-mortar retailers on what usually is one of their biggest days of the year, the Financial Times (FT) reported. About half as many shoppers as usual visited brick-and-mortar retail locations, the report stated. “One of the worrying things for department stores is they don’t do as well at attracting consumers online, so the fact that footfall is very suppressed is really bad news for some of these stores,” Neil Saunders, retai
PYMNTS
NOVEMBER 30, 2020
It used to be an uncommon occurrence with a funny name, a misdemeanor of the digital-first era — but porch pirates aren’t so funny anymore. That little trend is now a serious matter, with one in five Americans losing a package to theft since the pandemic started to the tune of an average of $106 per consumer. With eCommerce expected to continue its inexorable climb through the holiday season , it’s open season on open porches.
PYMNTS
NOVEMBER 30, 2020
Market watchers are expecting Salesforce to announce a deal to buy business communication platform Slack after market close on Tuesday (Dec. 1), according to CNBC. Sources told CNBC they expect the deal to be half cash, half stock, and that it will price Slack at a premium. Slack’s current market cap is around $24 billion, the report said. The deal announcement would come on the same day Slack is scheduled to release its quarterly earnings report.
PYMNTS
NOVEMBER 30, 2020
Velo Labs has unveiled a joint effort with Visa and Lightnet Group to build out payment offerings together in Asia, according to an announcement. Velo Labs, Visa and Lightnet Group will work together on payment offerings targeted at serving the micro, small and medium enterprise (MSME) lending market in Asia, the announcement stated. The collaboration seeks to let those who have substandard credit histories, or no credit histories, get a line of credit by putting digital assets up as collatera
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PYMNTS
NOVEMBER 30, 2020
Good solid professional advice is a valuable commodity that every business needs at some point — so valuable, in fact, that it’s often quite expensive. But trying to save some money by getting good advice on the cheap is an exercise in futility, QuickFee CEO Bruce Coombes told Karen Webster in a recent discussion. He said that’s more or less doomed to failure by one simple and almost immutable reality: “the most expensive thing you can buy is cheap advice.”.
PYMNTS
NOVEMBER 30, 2020
In Australia, the government could be looking at mandatory eInvoicing for companies, according to a report by Accountants Daily. The effort would be phased in and start first with the biggest businesses, the report says. eInvoicing, which constitutes digital exchanges of invoices between a supplier and buyer's software or systems, has been hailed as a more efficient, secure and accurate method of doing business.
PYMNTS
NOVEMBER 30, 2020
The British government is establishing a new Digital Markets Unit tasked with enforcing laws that apply to Big Tech companies, such as Google and Facebook , authorities announced in a press release. The new unit, according to the government's announcement, will fall within the U.K.'s Competition and Markets Authority (CMA), the agency that oversees enforcement of antitrust laws.
PYMNTS
NOVEMBER 30, 2020
Whether you want to track your run times, monitor your sleep or try to avoid a sunburn, the market for wearable technology is growing and evolving as companies large and small try to cash in on one of the holiday season’s hottest segments. By some estimates , the wearables market is currently worth about $70 billion annually, a huge total sales figure.
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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.
PYMNTS
NOVEMBER 30, 2020
DoorDash is reportedly seeing its estimated valuation rise to some $28 billion as the food delivery platform moves ahead with its long-awaited initial public offering (IPO). The company noted in a recent filing that it’s currently capturing just a tiny piece of the total U.S. market for food delivery. “Our [gross order volume] in 2019 represented less than 3 percent of this off-premise spend, highlighting the large addressable opportunity ahead of us in the food vertical alone,” DoorDash wrote i
PYMNTS
NOVEMBER 30, 2020
While the business email compromise (BEC) scam is a global pain point for businesses, this week's B2B Data Digest looks at the latest figures in B2B payments fraud and finds BEC heating up in one particular region: Australia and New Zealand. New research reveals how cyber attackers are stealing company cash from businesses large and small with examples emerging across businesses of all sizes — even forcing one firm to shutter its doors. 101 percent more BEC scams have hit New Zealand businesses
PYMNTS
NOVEMBER 30, 2020
Smartphones have become a ubiquitous part of life for consumers around the globe. They use their mobile devices for everything from checking the weather to posting on social media to pulling up real-time maps and using them to navigate to new destinations. Many of these activities are made possible by location sharing, which allows users to divulge their true geographic locations with apps and services providers as they see fit.
PYMNTS
NOVEMBER 30, 2020
When people began experiencing the joy of instant peer-to-peer (P2P) payments a few short years ago, the genie was out of the bottle. There was no going back. Now, the major real-time payments (RTP) players are ready to push the button on real-time, all the time, redefining fast money and revolutionizing multiple aspects of the commercial biome. PYMNTS’ November 2020 Real-Time Payments Report , done in collaboration with The Clearing House , is rich in facts and figures on what’s become the rapi
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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.
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