Tue.Jun 28, 2022

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Is Your Business Eligible for the ERTC?

Anders CPA

The Employee Retention Tax Credit (ERTC) has helped many businesses retain employees and recover from the effects of the pandemic. While the Infrastructure Investment and Jobs Act retroactively ended the ERTC for most businesses, eligible companies have three years after the program ends to look back at wages paid and claim the credit. Below is a flowchart to help determine if you can still take advantage of the ERTC.

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Blog: The 'XYZ Letter' and your sales tax compliance

TaxConnex

Complying with your sales tax obligations involves a lot of variables – your nexus, taxability of your products, type of customer you are selling to, etc. Another key factor that effects your sales tax obligations is related to exempt transactions and exemption certificates. Exemptions are statutory exceptions eliminating the need for the retailer to collect sales tax on a particular transaction or on all transactions with a customer.

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Trending Sources

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EY pays $100M SEC fine over CPA ethics exam cheaters

Accounting Today

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What If Your Company Doesn't Do Bookkeeping?

AccountingDepartment

If you slack on your bookkeeping tasks or even don't do it at all, there is a downside to this. Well, you won't wind up in jail, but you'll wind up paying a hefty price tag for not doing bookkeeping. Here's a list of things that will wind up happening if you're not doing proper bookkeeping for your company.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

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.

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More than half of workers are at least partially remote

Accounting Today

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EY Auditors Cheated on Ethics Exams and Tried to Cover It Up, Will Pay a Record Fine for Naughtiness

Going Concern

Well this is bad. The SEC has fined EY a record $100 million after an investigation revealed auditors at EY were cheating on ethics exams (open book ethics exams we presume) and CPE; worse than cheating alone, they actively tried to cover it up and hide the cheating from the SEC. From the SEC news release : The Securities and Exchange Commission today charged Ernst & Young LLP (EY) for cheating by its audit professionals on exams required to obtain and maintain Certified Public Accountant (C

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More Trending

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Notice of office closure for staff training and development

Wellers Accounting

Chris Thompson explains why our staff training day is an essential part of client service delivery.

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EY denies audit firm split tied to $100M SEC penalty

Accounting Today

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America’s Best-kept Secret: The Employer-provided Childcare Tax Credit

Patriot Software

The employer-provided childcare tax credit has existed for over 20 years to help employers secure affordable childcare for their employees. The only problem is, no one seems to know about it. It may be America’s best-kept secret for your employees with children. In 2020, only 11% of employees had access to employer-provided childcare assistance. And […] READ MORE.

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CLA grants $1M to NABA to build Black talent in accounting

Accounting Today

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

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Calculating the benefits of indirect tax software: Making the business case

ThomsonReuters

Corporate tax teams that want to invest in an automated indirect tax solution can’t simply declare to decision-makers that efficiencies, cost savings, and a host of other benefits will magically start boosting the bottom line once the software is activated. Rather, to make a persuasive case for investment in automation, tax teams must explain: where the promised efficiencies will come from. what the return on technology investment (ROI) is going to be. how adding such a solution will improve dep

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The tax complexities of selling digital products abroad

Accounting Today

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What does giving clients ‘added value’ really mean?

Mark Lee

I first wrote about this in 2012 when I explained that I don’t believe that accountants’ clients really want ‘added value’ Heresy? No. It’s just I’m not a big fan of buzzwords. I believe it’s more helpful to think about what anyone means when they say they want ‘added value’ Typically accountants’ clients want is to feel that the fees they are paying are good value for the service they receive.

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Want to do FP&A? Better know Excel

Accounting Today

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

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58% of Workers Say They Have Remote Work Options

CPA Practice

According to a new report from McKinsey and Company, 58 percent of the 25,000 American workers they surveyed reported having the option to work from home at least one day per week. And 35 percent of those surveyed said they can work from home every day.

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Top firms grow their share of public audits

Accounting Today

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EY Hit with Record $100 Million Fine from the SEC for Ethics Exam Cheating

CPA Practice

EY will have to pay a $100 million fine, the largest monetary penalty ever given to an audit firm by the Securities and Exchange Commission (SEC), after it was revealed today that hundreds of the Big Four firm’s auditors had cheated on mandatory ethics.

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Ex-UBS staffer wants cash for exposing Swiss billions

Accounting Today

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8 Pillars of Leadership Development

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.

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Bigger. Faster. Stronger.

Intuitive Accountant

Sage 2022 Close the Books Survey reveals key strategies for organizations to attain a faster financial close and unlock greater value.

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Exit planning for clients, with empathy

Accounting Today

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Putting a Spotlight on Your Digital Footprint

Intuitive Accountant

If you're looking to interact more with your clients, there are several types of digital engagements that shine. 3 Dog Write's Lisa Apolinski sheds a little light on why.

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Microsoft investors file resolution targeting tax practices

Accounting Today

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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New Mailchimp Benefit for QuickBooks ProAdvisors

Intuitive Accountant

Now QuickBooks ProAdvisors can help improve their marketing and client outreach thanks to the new Mailchimp Benefit.

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In the blogs: Difficult but important

Accounting Today

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Not-for-Profits in the Know Webinar Series: In-Kind Donations Reporting is Changing

Anders CPA

Our Not-For-Profit team is excited to offer a new webinar series focused on industry topics that not-for-profits are most interested in. Starting in July, Anders advisors will host a bi-monthly discussion to help educate and empower community leaders to further the mission of their organizations. . In-Kind Donation Reporting: How New Changes will Affect Your Audits.

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Accounting For Good turns 25

Accounting for Good

The post Accounting For Good turns 25 first appeared on ACCOUNTING FOR GOOD.

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How to Set Better OKRs and Drive Results

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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Making Forensic Accounting Accessible With the Divorce Money Guide

FraudFiles

The Divorce Money Guide has gotten rave reviews from divorce attorneys, financial planners, divorce coaches, and divorce financial analysts. I’m so excited to be able to make forensic accounting accessible to ordinary people in the process of divorce. We all know how expensive it can be to hire a forensic accountant. So what happens to those people who know their spouse is involved in money shenanigans, but aren’t able to hire me?

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Technology Podcast

RitaKeller

“Productivity is never an accident. It is always the result of a commitment to excellence, intelligent planning, and focused effort.” – Paul J. Meyer. I know you are always looking for new tools to help your firm become more efficient. You also want to make things easier for your valuable team members. Much of your efficiencies these days depends on having the absolute best technology.

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More Scary Anti-WFH Headlines: Is Remote Work Bad for Your Mental Health?

Going Concern

The anti-WFH propaganda is in full swing and why shouldn’t it be? Commercial leases still have to be paid whether offices are full of bodies or not, might as well try to weaponize pandemic loneliness against workers to force them back under the fluorescent lights while they can. First we heard that remote work might not save you as much money as you think , a suggestion that was quickly debunked in our comment section by accountants saving a s**t ton of money (and stress) by skipping long

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Getting Started Getting a Will

Withum

Last week I posted a letter to a friend about getting a new will. I spoke to him and a few others about my blog, and I also received some emails thanking me for posting it. I also got requests for checklists. So, I will send my Getting Your Affairs in Order Tool Kit to anyone requesting it at GoodiesFromEd@withum.com. Just put “Getting Affairs in Order Tool Kit” as the Subject.

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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.