Wed.May 18, 2022

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7 Reasons Why ‘Buy Now, Pay Later’ Should be a Staple in Your Ecommerce Strategy

Snyder

You may be familiar with Buy Now, Pay Later as a concept. Perhaps you saw it the last time you were in a mattress store, or when you were browsing your favorite online clothing store from where you and your colleagues were working in silos. What exactly is Buy Now Pay Later? Simply put, it’s an interest-free payment you can make over several installments. .

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Start 2022 Off Right: Clean Up QuickBooks

VetCPA

Is Your QuickBooks company file ready for 2022? Three things you can do to put things in order. Don’t forget about QuickBooks while you’re catching up on 2021 and looking ahead to 2022. You probably don’t want to put one more item on your to-do list, but any steps you take now to ready the software for the new year will pay off. Once you start entering transactions and placing orders and welcoming new customers, it will help tremendously to have a clean slate.

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Stock Market’s Vanishing Wealth  

Withum

I’ve spoken to quite a few people in the last month that told me they are getting “killed” in the stock market. I listen but do not offer much commiseration. The economy and stock market run in cycles. It is not static and has never been static. It is constantly in flux. Over the last ten years, even including the tanking in March 2020, we’ve had a huge run-up in the stock market.

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5 Ways to Prioritize Your Mental Health | Canopy

Canopy Accounting

Mental health determines how we handle stress, make choices and relate to others. It also impacts how we act, feel and think. The Center for Disease Control shockingly states that 1 in 5 Americans will experience a mental illness in a given year. One of the leading causes of disabilities is depression according to the National Alliance of Mental Illness.

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How to Build the Ideal HR Team

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.

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What Is Compensation? | Employer Guide

Patriot Software

If you have employees, you need to compensate them. So, you set an hourly rate or salary. But, you might also give other types of wages to your employees. And if you do, you need to know if those other wages count as compensation. Why? Knowing what is compensation is a key part of putting […] READ MORE.

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Top 20 Common Advertising Expenses for Small Business Owners

MazumaBusinessAccounting

You’re probably spending a fair amount of money on advertising your small business to potential clients and customers. Did you know most of your marketing and advertising can be written off as a tax deduction to lower your tax bill? Whether you’ve got a whole marketing team running the show or you just purchased your first ad, most money spent on promoting your small business is tax deductible.

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Ask the Expert… Do I need to file or pay my taxes if my business was hit by disaster?

DMCL

In the event of a disaster, both natural or man-made, issues with your business’s taxes are likely the last thing on your mind; however, there will eventually come a time when you’ll need to figure out if an emergency impacts your ability to file and/or pay your taxes on time, and what happens if you cannot do either. The CRA offers relief from penalty or interest in several types of situations that prevent you from meeting tax obligations, which include extraordinary circumstances such as natur

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Understanding Stockholders’ Equity: Frequently Asked Questions

Withum

1. What is stockholders’ equity and what does it represent in financial statements? . Equity represents all historical investment capital. It’s reported net of related fees after accounting for any distributions and dividend payouts to shareholders. Equity is often associated with the company’s overall net worth and represents the net balance of assets less liabilities. .

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It’s time to reconsider our attitudes toward non-doms

Menzies

Menzies LLP - A leading chartered accountancy firm. The media storm surrounding the news that Akshata Murthy is treated as non-domiciled for UK tax purposes highlights the need to challenge common misconceptions and increase awareness of the beneficial impact that individuals with this status have on the UK economy. What is a non-dom? A non-dom, short for non-domicile, is someone who lives in the UK but is not legally domiciled here.

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BDO USA Is Finally Trying to Do Something to Improve Its Horrible Audit Quality

Going Concern

While PCAOB inspection reports are only one indicator of how good or bad a public accounting firm’s audit quality is, it’s still pretty embarrassing when a firm gets a bad report card. Consecutive years of horrible inspection reports ( 2013 and 2014 ) is what drove KPMG executives to hatch a scheme to steal confidential audit inspection information from PCAOB insiders in an effort to improve the firm’s results.

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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.

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Lightyear Expands Product Suite With The Launch Of Limit Orders, Auto Conversions And Exportable Statements

Accounting Insight

Lightyear is a new European investment app backed by Mosaic Ventures, Taavet+Sten, Metaplanet & Eileen Burbidge. The company has now launched highly requested new product features: limit orders, exportable statements and auto conversations. In addition to widening its product offering, Lightyear has appointed the former President of Robinhood UK Wander Rutgers alongside ex-Wise CMO Joe Cross as business advisors.

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Tax season wasn’t as bad as some expected: Survey

Accounting Today

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How to Avoid the Dreaded ‘Black Hole’

Intuitive Accountant

SkyStem founder and CEO Shagun Malhotra dishes on what every accounting professional needs to know about month-end close in 2022.

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Tips to avoid an audit on a like-kind 1031 exchange

Accounting Today

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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

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Payroll Benefits Sponsors 401(k) at Scaling New Heights 2022 (Part 4)

Intuitive Accountant

Murph continues his look at some of the Payroll Benefits sponsors appearing at 'Scaling New Heights 2022.

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IRS may start collecting more demographic info

Accounting Today

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Be Creative – Do Things!

RitaKeller

“Creativity is seeing what others see and thinking what no one else ever thought.” – Albert Einstein. I have observed that many CPAs wait for other CPA firms to go first and then they will follow that new idea, software, process, or procedure. So many partners, over many years, have asked me, “What are other firms doing?” I urge you to enlist your entire team in being more creative.

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ISSB aims for global baseline of sustainability disclosures

Accounting Today

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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.

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Padgett & Padgett, PLLC CPA’s Guide to the Profit and Loss Statement

SkagitCountyTaxServices

As a small business owner, you’re often preoccupied with all the things that go into running your Skagit County business – the daily logistics, managing employee workflow, paying the bills, bringing in more customers… making a profit. Let’s focus on that last one, shall we? Good. Profits are the lifeblood. And the P&L is probably the most crucial financial statement in growing your Skagit County business.

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Senators seek FTC probe of ID.me

Accounting Today

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COSO chair stepping down

Accounting Today

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Abbott faces Senate probe tying formula shortage to tax cut, buybacks

Accounting Today

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Recruit and Retain New Blue-Collar Talent

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.

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KPMG fined £14M over Carillion audit scandal

Accounting Today

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Yellen’s grand global corporate tax plan risks Congress flop

Accounting Today