Thu.Jan 26, 2023

article thumbnail

Benefits of Recurring Invoices or How to Automate Your Accounting With Recurring Invoicing

Snyder

Steady cash flow is what supports your business in a very literal sense. Driving those numbers upwards should be applied not only at the sales and marketing level but the accounting level too.

article thumbnail

What was new in December for state sales and use taxes

TaxConnex

There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates. Crystal ball time.

Sales 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

KPMG Vice Chair Hopes All the Tech Layoffs Will Scare College Kids Into Accounting

Going Concern

KPMG Vice Chair Greg Engel has been having trouble sleeping lately. It isn’t climate change or social justice or the price of eggs keeping him up at night, like most accounting leaders he is consumed by the talent shortage. No really, that’s what he told CFO Dive.

article thumbnail

W2 Statements Due to Employees and SSA by Jan. 31, 2023

CPA Practice

The Internal Revenue Service is reminding employers of the January deadline to file Forms W-2 and other wage statements. Filing these documents timely prevents late-filing penalties for employers, helps employees file their income tax returns and prevents tax fraud.

cpa 128
article thumbnail

The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Join this exclusive webinar with Dr. Karen Hardy, where she will explore the power of storytelling in risk communication as a core component of a resilient organization's management framework!

article thumbnail

When Culture Meets Community

Insightful Accountant

MasterYourBooks' Mariette Martinez on the important role both play in reaching personal and professional growth goals for Latinos

account 119
article thumbnail

Step Away From The Books with Outsourced Bookkeeping

AccountingDepartment

From a business owner's standpoint, the thought of handing off an entire area of your business for someone else to take care of may seem a bit nerve-wracking.

More Trending

article thumbnail

Do Ex-Big 4 Accountants Make Good NFL Team CEOs?

Going Concern

Last week the Chicago Bears introduced Kevin Warren, most recently commissioner of the Big Ten Conference who also has 21 years of experience as an NFL team executive, as the franchise ’s fifth president and CEO in its 103-year history.

article thumbnail

QuickBooks for Mac 2023 Customer Group Features

Insightful Accountant

In QuickBooks Desktop Mac Plus 2023, you can create Customer Groups to run reports or send emails to multiple related customers

article thumbnail

EY Germany Gives 40 Partners and 380 Staff the Boot to Boost Profitability After That Whole Wirecard Thing

Going Concern

EY has been tightening the purse strings over the past several months ahead of the big Project Everest split, the vote on which remains delayed and should happen before the end of this quarter.

audit 75
article thumbnail

IRS Announces 2023 Automobile Depreciation Deduction Limits and Inclusion Amounts

ThomsonReuters

2023-14 (Jan. 18, 2023) Available at [link] The IRS has announced the 2023 inflation-adjusted Code § 280F “luxury automobile” limits on certain deductions that may be taken by taxpayers using passenger automobiles (including vans and trucks) in a trade or business.

tax 102
article thumbnail

Automating Vendor Bills: Solving Six Major Pain Points for Small Businesses

Small business owners are looking to reduce manual work and manage people more efficiently. Manually keying invoice data, approving invoices and losing or hiring staff are just some of the pain points they experience when managing vendor bills.

article thumbnail

What Happens if a Business Doesn’t File Taxes?

xendoo

As a business owner, you probably know that you should file taxes on time. However, if you’ve fallen behind on taxes, you’re not alone. Over 33% of Americans procrastinate doing taxes until the last minute. Reasons for procrastinating taxes vary.

tax 52
article thumbnail

Agency Report Showing High Demand for Surprise Billing IDR Provides Data by State, CPT Code

ThomsonReuters

Initial Report on the Independent Dispute Resolution (IDR) Process April 15 – September 30, 2022 (Dec.

Georgia 98
article thumbnail

When You Need Bookkeeping, Accounting, Controller, or CFO Services

IgniteSpot

How You Know You Need a Bookkeeper You’re likely familiar with the term “bookkeeper,” but what does the role encompass? Bookkeepers take on many of the time-consuming accounting services. They: BOOKKEEPING BASICS FEATURED CFO SERVICES

article thumbnail

When and How Must a Notice of Termination of COBRA Coverage Be Provided?

ThomsonReuters

QUESTION: To administer COBRA as economically as possible, we do not send bills for COBRA premiums or provide reminders when COBRA premiums are late.

tax 93
article thumbnail

Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

Join Wayne Spivak, experienced CFO and corporate finance expert, for an insightful discussion on managing cash flow and company profitability.

article thumbnail

4 Steps on How to Get Funding for Startup [+ Types of Funding]

Patriot Software

Have an idea for a startup? Check. Think of a business name? Check. Have the funding you need to get started? Eh, not quite check. When creating a startup, you need to have a solid financial foundation to help your business succeed. And to do that, learn how to get funding for startup.

account 52
article thumbnail

Judgment of Management and Financial Statement Fraud

FraudFiles

With thousands of detailed accounting rules, how can there be financial statement fraud? There are areas of the financial statements that rely heavily on the judgment of management. They make estimates and decide how to apply the accounting rules. This leaves the door wide open for abuse.

article thumbnail

Global economy subdued with weaknesses persisting

Accounting Insight

Latest economic conditions survey from ACCA and IMA paints a picture of a steady but weak global economy The Q4 Global Economic Conditions Survey (GECS) shows signs of steadying, however, many indicators remain weaker than a year ago.

article thumbnail

Inflation Rate Drops for 6th Month; Housing Market Still High

CPA Practice

By Jim Probasco, Bankrate.com (via TNS). There’s good news on the inflation front: December 2022 marked the sixth straight month that the U.S. rate of inflation has decreased. According to the latest figures from the U.S.

cpa 69
article thumbnail

Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

This exclusive webinar with Ryan McInerny will teach you all about cryptocurrency and NFTs! Register to learn more about identifying crypto transactions, crypto asset market trends, managing risk and compliance, and supporting customers and partners using crypto-based payments.

article thumbnail

APPS Directory Spotlight — ForwardAI

Insightful Accountant

See why Forward AI can be your one-stop shop for small business cash flow management, helping today's accountants and small business owners access rolling cash flow forecasts

account 59
article thumbnail

U.S. Economy Expands at 2.9% Rate in Q4

CPA Practice

By Augusta Saraiva, Bloomberg News (TNS). The U.S. economy expanded at a healthy pace in the fourth quarter, though signs of slowing underlying demand mounted as the steepest interest-rate hikes in decades threaten growth this year. Gross domestic product increased at a 2.9%

cpa 69
article thumbnail

Legal insights on the DOL’s proposed worker classification rules

ThomsonReuters

On October 11, 2022, the U.S. Department of Labor released proposed rules rescinding current worker classification rules (2020 final rule) and reverting to prior guidance based on historic court rulings on the matter.

Legal 59
article thumbnail

CohnReznick Adds 19 to Partnership

CPA Practice

Top 15 accounting firm CohnReznick recently unveiled a new crop of partners for 2023. “As

cpa 59
article thumbnail

Exploring the Overlap: Cost Optimization and Digital Transformation

Speaker: Alex Jiménez, Managing Principal, Financial Service Consulting for EPAM

The largest banks have increased reserves for protection against deteriorating economic conditions. Should banks delay their digital transformation investments and focus on cost reductions? In this webinar, Alex Jiménez will walk us through that question and examine the prudent course of action.

article thumbnail

What Do You Do Around Here?

RitaKeller

“No one is useless in this world who lightens the burdens of another.” ” – Charles Dickens I came across this post by Seth Godin. I thought of those working in a CPA firm. Here’s the post: WHAT DO YOU DO AROUND HERE? There are lots of useful, honest answers.

article thumbnail

Why you need to include video marketing in your content mix

Reckon

Video marketing has grown exponentially over the last few years. It’s no secret that to stay on top of marketing trends – and results – you should be paying careful attention to including video marketing in your content mix. Why bother with video marketing?

article thumbnail

Moss Adams Admits 36 New Partners

CPA Practice

Top 15 accounting firm Moss Adams promoted 36 individuals to partner earlier this month. Our newest group of admitted partners exemplifies our focus on providing holistic services that help our clients succeed,” said Moss Adams CEO and Chairman Eric Miles. “I’m I’m proud to have this group join our partnership.”

cpa 45
article thumbnail

New Year new business. What can you improve in 2023?

Reckon

Every new year comes with unique challenges and boundless opportunities for your business. The trick is to come prepared for success. The other trick is to be active in planning for it, before the year gets ahead of you.

Sales 52
article thumbnail

The Anti-Money Laundering Act of 2020: Initial Catalysts, Current Implications, and Future Impacts

Speaker: Elizabeth "Paige" Baumann, Founder and CEO of Paige Baumann Advisory, LLC

In this session, Elizabeth “Paige” Baumann will cover the Anti-Money Laundering Act of 2020, which also includes the Corporate Transparency Act. She'll take a deep dive into the catalysts that brought on the act, the current implications of the act, and what impacts the act has on the future of banking and finance.