Basis 365
AUGUST 24, 2022
Financial experts are forecasting a recession is nearing, with many banks rapidly increasing interest rates to combat decades-high inflation. This action could lead to a prolonged economic downturn that can last for months. However, it is also an opportunity to review your business and improve. We've outlined a few strategies to help you determine how to recession-proof a business.
Patriot Software
AUGUST 24, 2022
For business owners in most states, collecting and remitting sales tax is part of the job description. But on select dates throughout the year, your customers can take advantage of a sales tax holiday. As a business owner, you must know about and adjust your collections process for sales tax holidays. Read on to learn […] READ MORE.
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Basis 365
AUGUST 24, 2022
Many organizations are now at greater risk due to the dramatic increase in people who work from home. Therefore, you and your employees must take steps to protect sensitive data in your company and its privacy. You can start by ensuring everyone in your team is aware of these best practices for data protection when working remotely. 1.Keep your devices patched up and current You can prevent your devices from becoming vulnerable by setting aside time each week for security updates.
Intuitive Accountant
AUGUST 24, 2022
The second in our Payroll & Benefits mini-series is OnPay—featuring everything a business needs in an online payroll platform, which also offers HRS and benefits.
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.
Going Concern
AUGUST 24, 2022
Stumbled across this interesting paper by authors Paul Madsen and Jeffrey Piao today and thought it worth sharing despite its age (2019). Misery in accounting is timeless after all. Plus it’s relevant given the ongoing accounting pipeline problem and concerns about accountant shortages as the paper talks about how the stereotype of “the miserable accountant” actually draws people to the profession for whom misery is a good fit.
Intuitive Accountant
AUGUST 24, 2022
Internationally renowned ProAdvisor Esther Friedberg Karp discusses her thoughts on a recent article from Intuit on how to record consignment sales. See what she has to say.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Intuitive Accountant
AUGUST 24, 2022
Akili Well's Josie Santiago, one of 35 entrepreneurs awarded a $10K Invest in Progress grant from Sage and The BOSS Network, discusses how the funding is helping even today's playing field.
Withum
AUGUST 24, 2022
The launch of the Health Care and Mental Hygiene Worker Bonus (HWB) Program in New York State provides funding to help eligible providers recruit and retain healthcare workers. While the opportunity to provide staff with bonuses is welcomed and highly necessary, there are rules and requirements in claiming the funds that must be followed as well as financial penalties for noncompliance.
Xero
AUGUST 24, 2022
It takes passion and perseverance to run a small business. I saw this first hand growing up in my family’s small business in rural Canada. Now, more than ever, running a successful small business takes insight. Historical trends and timely market data can, when used effectively, help small businesses and their advisors adapt to complex present realities and prepare for future ones.
SkagitCountyTaxServices
AUGUST 24, 2022
Fill in the blank: It takes a village to. While you’re probably thinking of child-rearing right now, I’d like to suggest that it applies to your Skagit County small business as well. And particularly during inflationary times. The 2020 world made it painfully obvious that going it alone could mean crash and burn for your business. Hence the creation of PPP loans and ERC credits… government-supplied village helpers made for you.
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.
Xero
AUGUST 24, 2022
The heat, the food, the music, the energy. There’s really no place like New Orleans, Louisiana (known affectionately as NOLA). It was the perfect location to reconnect with our valued accounting and bookkeeping partners, and share some exciting plans for new tools and features designed to make inventory management, bank reconciliation and tax management simpler and more seamless.
Snyder
AUGUST 24, 2022
Why is integration with accounting software so important? Financial management is the backbone of any organization, be it a small business or a large corporation. After all, money is the lifeblood of any company. If you want to keep your company healthy, balanced books are essential. At their heart, financial statements show you how much money you have, where it’s coming from and how you’re spending it.
Anders CPA
AUGUST 24, 2022
From recovering from pandemic shutdowns and health requirements to dealing with a widespread labor shortage and rising food costs, it’s been a rough couple of years for the restaurant industry. But expansion and relief are happening if restaurant owners understand their options. In this special Restaurant Industry Edition of But Who’s Counting?
Summit CPA
AUGUST 24, 2022
The Virtual CPA Success Show: Episode 61. An important skill business owners should have is foresight. As the owner, it is vital for you to always be on the lookout for external and internal forces that can impact your business. Being up to speed with the current trends in your industry is important to guide you in planning and decision-making; this will help you pivot quickly if necessary.
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
FraudFiles
AUGUST 24, 2022
Forensic accountants are often retained in litigation as expert witnesses, with the intention that they will provide expert opinions and testimony on behalf of the client. Although retention as a consultant is less common, it is an important option to consider. Sometimes, the work of the consultant can be even more important than the work of the testifying expert.
Accounting Insight
AUGUST 24, 2022
Welcome to reality, where inflation is rapidly dominating the economy around the world. It is an inevitable phenomenon that no person or organisation can escape. £1 in 2021 is equivalent to the purchasing power of about £1.06 today, crazy right? This means that today’s prices are 1.06 times higher than average prices a year ago with no real end in sight.
Snyder
AUGUST 24, 2022
These days you can order anything, from anywhere, with just a few taps on your mobile. Groceries, clothing, car parts, medication, and any other product you could conceivably wish to buy are likely to be available from an e-commerce store. A quick glimpse at e-commerce accounting insights will show you how this $599 billion sector continues to expand in reach and prominence.
Accounting Today
AUGUST 24, 2022
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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.
Going Concern
AUGUST 24, 2022
This is devastating news for public accounting. Bloomberg : Nearly two-thirds of community pharmacies had trouble ordering the popular attention-deficit/hyperactivity disorder drug Adderall at the end of July and beginning of August, at a time when demand is at all-time highs. The National Community Pharmacists Association surveyed store owners and managers about their experiences purchasing brand and generic Adderall between July 25 and Aug. 5.
Lockstep
AUGUST 24, 2022
If you’re like most accounting teams, you probably spend a lot of time searching through your email for specific information. It can be frustrating when you can’t find what you’re looking for, especially when time is of the essence. That’s why we’re excited to announce Lockstep Inbox ’s Global Search feature! With Global Search, you can quickly and easily search for transactions, emails, contacts, notes, and more across and within Lockstep Inbox.
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.
Basis 365
AUGUST 24, 2022
The post-pandemic transition period has been tricky for small businesses that have survived COVID-19. Inflation rates have reached a multi-decade-high of 8.6%. The consumer price index shows everything, including labor and goods, is rising. Small and mid-sized businesses with limited resources will likely take the most significant hit. You should take steps to ensure that your small business is inflation-ready.
Withum
AUGUST 24, 2022
If your business operations cross outside U.S. borders (or, are planning to do so), it’s always the right time to consider transfer pricing. It is critical to ensure that your business has the right strategy in place where profits in each tax jurisdiction align with that entity’s relative contribution to the global business. Transfer pricing scrutiny has been increasing around the globe, so a consistent global strategy that reflects the economic substance of your business is the best way to stay
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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.
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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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