Why Accountants Should be Using Design Thinking
Accounting Web
JUNE 30, 2022
Growth Why Accountants Should be Using Design Thinking.
Thu.Jun 30, 2022
77 
Blog: Gross vs. taxable sales: Which count toward economic nexus?
TaxConnex
JUNE 30, 2022
Determining your sales tax obligations hinges on if your products or services are taxable and whether you have sales tax nexus which can be defined as either a physical presence or economic presence. That by itself is confusing enough, and unfortunately it gets more confusing. Focusing on economic nexus, each state defines certain thresholds that include the amount of revenue sourced to a particular state and/or the number of invoices in a particular state.
Join 345,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
Withum Named 10 Most Promising Enterprise Resource Planning Consulting/Services Companies by CIOReview
Withum
JUNE 30, 2022
Withum’s Enterprise Resource Planning (ERP) and Management Consulting Services Teams were featured by CIOReview as the cover story and named one of the 10 Most Promising Enterprise Resource Planning Consulting/Services Companies in the publication’s Special ERP Issue in June 2022. Withum assists enterprises in deriving the best value from their ERP systems and add-ons– from ERP implementation strategy to application optimization and support.
Anders Announces 2022 Promotions
Anders CPA
JUNE 30, 2022
Anders recently announced annual employee promotions across the firm, from audit and assurance to tax, advisory and operations. These individuals are being recognized for their professional achievements and ability to live the firm’s core values by delivering outstanding results for our clients and community. Join us in congratulating our recently promoted employees!
How to Build the Ideal HR Team
Advertiser: Paycor
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.
Supreme Court’s Abortion Ruling Indirectly Impacts Employee Benefit Plans
ThomsonReuters
JUNE 30, 2022
Dobbs v. Jackson Women’s Health Org., 2022 WL 2276808 (U.S. 2022). Available at [link]. The U.S. Supreme Court has rejected a challenge to the constitutionality of Mississippi’s Gestational Age Act, which prohibits performing or inducing an abortion after 15 weeks of pregnancy (as determined by probable gestational age) except in limited circumstances.
Credit Management
Dent Moses
JUNE 30, 2022
This is another article that we hope you will pass along to a young person you may know. If it helps them, we both did our good deeds for the day. Lenders will often use your FICO score in making loan decisions. This can affect if you receive a loan or in setting the interest rate they will charge on a loan. FICO is an algorithm that uses information from credit reporting agencies to assign a score.
Signup to get articles personalized to your interests!
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
More Trending
For Richer and Poorer: How to Start a Business With Your Spouse
Patriot Software
JUNE 30, 2022
Americans love talking about their favorite mom-and-pop shops. When we use the term mom-and-pop, we’re talking about a spouse-owned business. A spouse-owned business gives new meaning to “for richer and poorer” (and “till death do us part!”). According to Harvard Business Review, three million businesses in the U.S. are spouse-owned. This type of business also […] READ MORE.
What Are Health Plan MRF Disclosures, and How Often Do They Have to Be Updated?
ThomsonReuters
JUNE 30, 2022
QUESTION: We’ve heard that our company’s group health plan must make public transparency disclosures that include MRFs. What are MRFs, and how often do they have to be updated? ANSWER: The agencies use the acronym “MRF” to refer to the machine-readable files that must be made public as part of the ACA’s price transparency requirement. Under implementing regulations issued in November 2020, most health plans and insurers in the individual and group markets must make transparency in coverage (Ti
Let’s Bid EY U.S. Chair Kelly Grier a Fond Going Concern Farewell
Going Concern
JUNE 30, 2022
Today is Kelly Grier’s last day building a better working world. So in honor of her retirement, we wanted to take a look back at KG’s career at EY, especially the last four years as the firm’s U.S. chair and managing partner and Americas managing partner, and all the fun Kelly Grier moments (fun for us, not so much for her) we decided to write about.
Can You Use the QBI Deduction for a Trust?
Anders CPA
JUNE 30, 2022
The Qualified Business Income (QBI) Deduction has been a popular incentive for businesses and their owners following the Tax Cuts and Jobs Act. One question that many people ask is, can the QBI deduction be used for trusts? We’ve analyzed businesses and individuals to see how to maximize the deduction, and below we dive into how trusts can utilize the QBI deduction.
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.
Withum Names 2022 New Partners
Withum
JUNE 30, 2022
Withum is proud to announce its 2022 new partner class. Sixteen team members advance to partner in Withum offices nationwide and join the dynamic, diverse corporate leadership team at Withum, totaling 200 partners. It is my great honor to present our largest-ever new Partner class. Their diverse backgrounds and areas of expertise reflect our commitment to recruiting and advancing talented professionals with varied personal and professional experiences, which in turn benefit our clients through a
The Evolution of Nexus and its Implication for Income Tax
CPA Practice
JUNE 30, 2022
Although Wayfair was strictly a sales tax case, states have also begun to assert economic nexus for income tax purposes. Unlike sales tax, currently only a handful of states have established thresholds for income and franchise tax purposes, including.
3 Ways NetSuite ERP Implementation Can Help With Various Industries
AccountingDepartment
JUNE 30, 2022
Whether involved in the manufacturing industry, service industry, or other industries that handle products or stock, the last few years have been a wild ride of ups and downs with supply chain issues and more caused by the COVID-19 pandemic.
CMS Issues HIPAA Administrative Simplification Compliance Review Findings and Fact Sheet on EFT/ERA Payment Reassociation
ThomsonReuters
JUNE 30, 2022
CMS: 2021 Compliance Review Program Findings (May 2022); EFT and ERA: Payment Remittance Reassociation Basics (June 2022). Findings. Fact Sheet. The CMS National Standards Group (NSG) has issued a report summarizing updated findings from its administrative simplification compliance review program. The program, which aims to promote compliance with HIPAA administrative simplification rules for electronic health care transactions, was launched in April 2019 (see our Checkpoint article ).
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
Outsourced Bookkeeping: Saving Money, Staying Organized, and Being Efficient
Basis 365
JUNE 30, 2022
Whether it is the responsibilities of a small business, having a small budget or simply staying efficient creating, using outsourced bookkeeping is more cost effective, time efficient and less of a hassle. Here are some reasons why outsourced bookkeeping could be a better option for your company. Outsourced Bookkeeping: Saving Money, Staying Organized, and Being Efficient Saving Money It saves your business money.
This 5 Year Old Fishbowl Thread About EY WBLs Aged Badly
Going Concern
JUNE 30, 2022
“In real life you’re allowed to use other teams work papers, google, etc. there’s no difference” Digging around a bit for s s and gigs I found this, which was posted on Fishbowl five years ago: I know you’re just dying to hear what the Kool-Aid chugger EY6 said. Here you go: LOL. Full discussion on Fishbowl here. Related: EY Auditors Cheated on Ethics Exams and Tried to Cover It Up, Will Pay a Record Fine for Naughtiness.
What to Consider When Building a Small Business Budget
Basis 365
JUNE 30, 2022
When you run a small business, every cent counts. It is challenging to maintain a budget. Including unexpected expenses such as team lunches, new hires, and surprise expenses is essential. A small business budget should allow you to plan and estimate future income and expenses. A pen and paper, a financial planner, or one of the many online budgeting tools can help you create a budget.
To Podcast or Not to Podcast.
Intuitive Accountant
JUNE 30, 2022
When it comes to answering the question why everyone is podcasting, OtterPR's Ryan Bass explains why they are important—and how you can be the perfect guest.
Register Now: Sneak Peek Into Close Automation SkyStem Web Demo
Advertisement
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.
Speeding the Flow of Funds
Intuitive Accountant
JUNE 30, 2022
Aliaswire unveils advanced B2B invoicing and payment capabilities for manufacturers and distributors.
Who Thanks You?
RitaKeller
JUNE 30, 2022
“We cannot do a kindness too soon because you never know how soon it will be too late.” – Ralph Waldo Emerson. Recently, three of my clients took the time to send me a message, thanking me. It made me think about all you do for your clients. You worry about them. You explore and research to find answers to their questions. You send out a monthly newsletter to keep them informed.
Recruit and Retain New Blue-Collar Talent
Advertiser: Paycor
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.
Happy Fourth of July to All of You
Intuitive Accountant
JUNE 30, 2022
From everyone at Insightful Accountant, here's to a safe and Happy Independence Day weekend.
Latest product news — July 2022
Xero
JUNE 30, 2022
Our teams have been busy adding lots of value across our platform over the past month, including enhancements to Hubdoc, short-term cash flow, tax updates in the UK and more. We’re also getting some fantastic feedback on our latest features in new reports — especially sticky headers and report annotations. If you haven’t tried new reports yet, it’s a great time to give them a go.
Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses
Advertisement
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.
QOTD: Never Believe Anyone Who Says They’re Awesome
Going Concern
JUNE 30, 2022
“I counsel people all the time — never believe anyone who says they’re awesome, believe other people who say they’re awesome. That’s why I recommend checking online reviews from independent sites, the Better Business Bureau and media coverage from reputable outlets. I even suggest checking to see if they partner with any major charities. None of this guarantees you’re dealing with ethical professionals, but it does massively improve your odds.” – Howard Dvorkin, CPA and chairma
Cherry Bekaert receives private equity funding from Parthenon Capital
Accounting Today
JUNE 30, 2022
Health Plan’s Exclusion of Gender Affirming Care Violates Title VII and U.S. Constitution
ThomsonReuters
JUNE 30, 2022
Kadel v. Folwell, 2022 WL 2106270 (M.D.N.C. 2022). Available at [link]. Another federal court has ruled in favor of transgender individuals challenging a group health plan’s exclusion of coverage for gender affirming care. A group of current and former state employees sued because the state’s group health plan denied coverage for medically necessary gender affirming care for themselves or their dependents.
How CPA Firms Can Profit From Payroll Services Without the Extra Work
Advertisement
"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.
Let's personalize your content