Wed.Aug 03, 2022

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Building the Firm of the Future with Anders CPAs + Advisors

Summit CPA

The Virtual CPA Success Show: Episode 60. In this special episode, Jamie Nau, our host and Director of Accounting interviews Jody Grunden, our CEO and co-founder now Partner at Anders CPAs + Advisors, and Dave Hartley, Partner and Director + Advisory Services, at Anders to discuss what the future looks like for Summit CPA Group and the Accounting industry in general.

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ISL Online – A Remote Support Software Synopsis

Intuitive Accountant

ISL Online offers one of the most technologically advanced remote access solutions for businesses of almost any size and nearly any requirement. It offers remote tools techs will find beneficial.

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Here’s How Much Auditors and Consultants at Deloitte Australia Make

Going Concern

Deloitte Australia is putting it all out there and revealing exactly how much its people make. Australian Financial Review reports : Deloitte Australia chief executive Adam Powick has revealed the minimum pay rates for the firm’s audit and consulting divisions as part of a strategy to be more transparent with staff and attract more skilled professionals.

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Keeping Your Guard Up

Intuitive Accountant

The new remote work era has made it easier for criminals to execute payment fraud attacks. Corpay's Tony Carothers discusses how to defend your company on the new frontier.

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Planning Your Restaurants 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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Why You Need to Stop Typing ‘Hello’ in Chat Immediately

Going Concern

Hey. What’s up. Hi. Hello. Do you hate it when a colleague messages “hello” and then leaves you hanging while they type out the next thing they have to say? ME TOO. And we’re not alone. Instead of silently building resentment, send them this link. You don’t even have to say anything, just hit ’em with the nohello.net and let the website do the rest.

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Managing Remote Teams

Intuitive Accountant

In the post-pandemic world, remote working is here to stay. Arc Management's Tate Henshaw offers the three biggest things every firm should do to make it work.

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Why Your Company Should Sponsor Volunteer Activities

GrowthForceBlog

6 min read. Sponsoring employee volunteer activities (i.e. allowing your employees to participate in volunteer activities while they are on the clock) might seem like an expensive and unproductive way to spend part of your labor budget.

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California Payroll Tax: What You Need To Know About the Golden State

Patriot Software

There are a million things you have to manage when running your business. Whether or not you want to admit it, payroll taxes should be one of your top concerns. Payroll taxes generally include Social Security and Medicare. But, many states have additional taxes that employers need to deduct from employee wages. California payroll tax […] READ MORE.

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How to embrace and conquer change in accountancy

Accounting Insight

As the old adage goes, change is as good as a rest. Yet while this is commonly held and often encouraged to promote progress and innovation, the reality is some are reticent to face it. Change has taken many forms over the years for accountants. Today, the UK government’s mission is to create the most efficient digital tax system, Making Tax Digital (MTD), which has resulted in many accountants having to meet waves of change head-on.

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5 Skills Required to Deliver Effective Virtual CFO Services

Ryan Lazanis

Offering virtual CFO services requires a specific skill set to deliver effective and profitable results. In this podcast episode, I’ll discuss the five important skills you need to be successful. Listen Below. 0:44 – An effective virtual CFO service is valuable to your client, profitable to your firm, and can be delivered in a systematic manner. 1:15 – When you provide CFO services, you’re expected to deliver results and deliver an ROI. 1:46 – Clients need to see at

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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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Top Tips to Improve Employees’ Financial Wellbeing and Mental Health

Accounting Insight

Financial wellbeing and mental health aren’t separate issues, they are inextricably linked. Our own research shows that 2 out of 3 employees agree that money worries affect their mental health and so given the current cost of living crisis, a big part of an employer’s wellbeing package is helping them manage their day-to-day finances. We’re all expecting energy bills to increase again in October, but Ofgem has recently admitted to MPs that the hike is likely to be a lot more than previously thou

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Should Health Plans Cover Medical Cannabis Costs?

Withum

Since the passing of the Marijuana Tax Act in 1937, which effectively criminalized cannabis, the United States has made little progress towards its federal legalization. It was not until 1996, when California passed Proposition 215, allowing for the sale and medical use of marijuana, that things began to change. With the passing of Proposition 215 in California, 37 states and the District of Columbia legalized some form of the medical use of cannabis and, according to a November 4, 2021 article

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The top 4 mistakes companies uncover during their AML audit

Accounting Insight

The Money Laundering Regulations 2017 require all reporting entities to regularly review their compliance with the regulations. This assesses how their anti-money laundering programme is functioning in practice and how the policies, procedures and controls in place are mitigating the money laundering and financing terrorism risks identified by that business.

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What Manufacturers Need to Know about “Zero Waste”

Withum

Manufacturers provide us with the tools needed to live out our daily lives — from the floors under our feet to the computers we use to stay connected — and as the economy grows, so does the demand for goods. While this demand helps fuel the economy, it also results in increased waste from the manufacturing process. As waste levels increase, so does the threat to our environment.?.

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No-Code Technology: The Key to Unlock the Future of Your Business

Global economies are reeling from recent upheavals—pandemic aftershocks, geopolitical conflicts, and a tech sector crunch. Mark Zuckerberg's 2023 "Year of Efficiency" ethos extends into 2024, with leaders seeking cost reductions without stunting growth. No-code technology emerges as a beacon of hope, fostering resilience and adaptability. Platforms like Make.com and Zapier empower even non-technical staff to automate and innovate, freeing IT for strategic tasks.

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Intuit sounds alarm on QuickBooks phishing

Accounting Today

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QuickBooks Desktop Pricing Changes for 2023

SchoolofBookkeeping

In an email sent August 2, 2022 to much of the accountant community, Ted Callahan , Intuit's Accountant leader itemized out some changes to for the Desktop lineup beginning soon. We will comb through this email and offer our take on what this means to you as a desktop user or those who support QuickBooks Desktop Clients. Introduction. Our Take: We were made aware of impending changes to Desktop Pricing in May.

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Yellen says Manchin bill won't raise taxes for families earning less than $400K a year

Accounting Today

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What Data Aggregation Is And How It Helps Your Business

Snyder

Data is the biggest asset for a business today, no matter the size. But data on its own, without proper organization, segmentation, and understanding, is essentially useless. As a business owner, if you can properly handle your business data, it can become a source of truth about your financial health, growth, and opportunities. However, it can be tricky, especially in omnichannel sales, because the more sales channels you have, the more data you need to analyze.

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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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My plate is too full

Accounting Today

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Signs Your Accounting Inbox Needs a Workflow Overhaul

Lockstep

When you are just starting out, using email to manage the inflow of communications and documents to/from customers and vendors makes sense. You are building relationships and managing invoices with a personal touch. This might help you get paid a bit faster. With a manageable number of clients and vendors and a small team, basic accounting inbox tools are good way to collect and store correspondence and the exchange of invoices, payment receipts, etc. .

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Manchin discussed $433B tax-climate bill with holdout Sinema

Accounting Today

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The Farce of Recycling – Is Recycling Worth It?

Withum

So much of what we consume is wrapped, packaged or bagged in plastic. Recycling bins are filled and emptied, and consumers are reassured that their old containers have been given new life as a water bottle or perhaps even a polyester shirt. But is recycling worth it? The truth behind recycling is far more troubling. In fact, many have begun to call it “the myth of recycling” or “wish-cycling.

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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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MGO merges in Nussbaum

Accounting Today

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Crypto miners would get tax reporting reprieve in Senate bill

Accounting Today

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Battle erupts over claim Manchin bill raises middle-class taxes

Accounting Today

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IMA steps up ethics training during pandemic

Accounting Today

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Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses

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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Cloud migration could spell tax savings for CTOs

Accounting Today

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