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Most of the accountants who approach me start by talking about their problems and what appears to be an immediate challenge. As the conversations progress I am typically able to help them consider the real issues that are causing the challenge that prompted their call. This is much the same as the way that a decent GP doesn’t just prescribe medication for your symptoms without first trying to find out what is causing them.
Shopify is one of the most popular e-commerce platforms. The e-commerce website builder claims that more than 1.7 million businesses have made over $200 billion in sales with the Ottawa, Ontario-based company’s websites. Free trials, tiered plans, 24/7 support, thousands of app integrations, unlimited storage and bandwidth… Truly does sound like what Forbes called an “all-in-one platform [with] everything you need to launch an online store.”.
I made my entrée into accounting way back in 2007, at the time my job involved a three-hour roundtrip journey across four Bay Area counties and back and I was looking for something a bit closer to home. Shortly after starting in CPA review, I started seeing more and more “For Sale” signs on the yards of the houses my bus would pass on the way to work and not that much longer after that, Lehman Brothers failed and, well, you know what happened after that.
If you said $2,022, you ’d be correct! A tipster from CliftonLarsonAllen told us on Monday, “$2,022 is how much the gift was to all employees. Very pleased with it. It was a complete surprise and appreciated by a lot of my colleagues. Especially with some other firms not giving out anything with a potential recession looming, it was well-received in my opinion.
I’m thrilled to announce Xero is partnering with New Zealand Football to help support football clubs across Aotearoa, helping Kiwis balance better numbers off the field through a club support programme. . Through this long-term partnership agreement, which will run until 2026, we’re aiming to build on increased interest in the beautiful game that will no doubt be supercharged by the FIFA Women’s World Cup 2023 held in New Zealand and Australia.
I’m thrilled to announce Xero is partnering with New Zealand Football to help support football clubs across Aotearoa, helping Kiwis balance better numbers off the field through a club support programme. . Through this long-term partnership agreement, which will run until 2026, we’re aiming to build on increased interest in the beautiful game that will no doubt be supercharged by the FIFA Women’s World Cup 2023 held in New Zealand and Australia.
Withum is proud to share that the Los Angeles Business Journal has named Chris Passmore on their Thriving in their 40s list for 2022. Christopher Passmore , CPA, MBA, specializes in assurance and business consulting services to emerging and middle-market companies and leads Withum’s Encino office as the partner in charge. Chris services a wide variety of clients and specializes in working with technology companies , professional service firms , franchised businesses and employee benefit pl
For the fourth year in a row, Anders has been named to Forbes’ America’s Best Tax and Accounting Firms List for 2023. With thousands of firms recommended in tax and accounting, Anders is one of 160 firms in the country to be named on both lists. Anders is also one of only four firms headquartered in Missouri and one of two in St. Louis to make both lists.
You know that little line at the bottom of your receipts and invoices that says Sales Tax? As a business owner, it’s not your responsibility to pay it out of pocket. But it is your responsibility to collect and remit sales tax. If you don’t know how to pay sales tax for small business to […] READ MORE.
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.
HMRC has announced that Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) has been delayed until April 2026. With small businesses, accountants and bookkeepers facing challenging times, we understand and support the delay from HMRC – giving you more time to prepare. . From this date, landlords and self-employed people earning above £50,000 annually will need to comply with MTD rules.
9 min read. When most nonprofit missions are focused on dealing with crises that are occurring every moment of every day, nonprofit leaders can easily lose sight of crisis response planning and strategic crisis management for the potential crises that could occur in the future. Key Takeaways. The Role and Responsibility of an NFP Board of Directors During a Crisis: In a nonprofit, the board of directors' overall role and responsibility is that of high-level oversight, and this includes the overs
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.
Cash is king when it comes to business. A business with money tied up in inventory, equipment, investments and other non-liquid assets is an enterprise with limited flexibility. In particular, cash flow accounting is especially important.
What causes accounting problems? So many things can throw your books out of whack, having a ripple effect on your business operations, financial outlook, and even your team. Several red flags lead to confusion and inaccuracies. Your accounting software, fraudulent activities, internal controls, and misapplication of generally accepted accounting principles (GAAP) may be to blame.
Self-employed individuals and landlords will have more time to prepare for Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA), following a government announcement today (19 December 2022). Understanding that self-employed individuals and landlords are currently facing a challenging economic environment, and the transition to MTD for ITSA represents a significant change to taxpayers and HMRC for how self-employment and property income is reported, the government is giving a longer per
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.
In May 2022, the Florida Legislature passed and signed into law new legislation enacting new requirements to address concerns on the structural integrity of older condominium-type buildings as a result of the Surfside Chaplain Towers condominium collapse in June 2021. The legislation, through Senate Bill 4-D and companion House Bill 5-D, was presented and voted into law very quickly and made significant changes to several sections in Florida Statute 718 related to buildings and reserves.
In the past few years, indirect tax specialists have had to deal with the Covid pandemic, Brexit, an ever-changing landscape of rules and regulations, budget tussles, hiring difficulties, and numerous other challenges. The professional terrain is no less rocky heading into 2023. In a recent panel discussion with Indirect Tax (IDT) experts hosted by Thomson Reuters in London, the prospect of a looming recession and tightening budgets were certainly a top concern, but so were many familiar issue
The results are in at BDO, and the fifth largest accounting firm in the world brought in $12.8 billion in revenue during its 2022 financial year , which ended on Sept. 30 —an 8.5% increase over last year’s revenue of $11.8 billion. The new guy in charge of BDO globally , Pat Kramer, said, “ In the change-dominated world in which we operate, nothing is more important than to protect and strengthen BDO.
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.
On October 13, 2022, the Social Security Administration (SSA) announced a $13,200 increase in the Social Security taxable wage base from $147,000 to $160,000 in 2023. Next year’s notable wage base increase is significantly greater than the wage base forecast by the SSA’s Office of Chief Actuary in June 2022 and means that many employers will pay up to $818.40 more in payroll taxes in 2023.
QuickBooks Workforce is continuing to evolve into a more complete Human Resource Information System (HRIS) platform that provides enhanced capabilities now—and with a series of enhancement on the way.
Withum’s clients hire us because they need to solve problems, and technology is just one tool used to do so. Why is it that so often, when the problem changes, the tasks change, but the management methodology stays the same? It’s easy to learn about one type of methodology and stick with it no matter what the problem. People use Waterfall project management or have switched to some form of SCRUM if they want to do an agile method.
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IRIS Software Group , a leading global provider of software which services more than 23,000 UK accountancy firms (including 91 of the top 100 UK firms) and is the largest 3 rd party taxfiler with HMRC, believes this latest announcement is very disappointing and there must be clarity for the industry, businesses and individuals. Stalling this legislation has implications for businesses, agents, accountancy firms and vendors alike.
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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