Tue.Jan 05, 2021

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Do Your Clients Need a CFO in 2021?

PANALITIX

RESOURCES / ARTICLES. Do Your Clients. Need a CFO in 2021? Do your clients need a CFO in 2021? Some of your clients already have one and he/she may be performing brilliantly. Others will not have any strategic financial support… which is a huge opportunity for accountants. How should accountants pursue this opportunity? Establishing credibility is a starting point.

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Crypto Trading Volumes Hit Record $68.3 Billion On Monday

PYMNTS

Trading volumes on cryptocurrency exchanges have been doing extraordinarily well this week, hitting a new record volume of $68.3 billion, Reuters reported. The surge shows how strong trading has been lately, according to Reuters. Bitcoin reached $34,800 on Sunday (Jan. 3), compounding its 2020 rally that catapulted it to quadruple as big U.S. investors got into the mix, Reuters reported.

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A Fresh Start

SingleTrackAccounting

A new year means a fresh start. With 2020 in our rearview mirror, it’s time to reflect on all the things we have learned and to start fresh for planning for the future. Let’s be grateful for how we have grown as people and as business owners over the past year. There’s no doubt we have learned a whole lot and we are stronger for it. Now is the time to take what we have learned and create a fresh start. .

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Report: Alibaba Founder Ma OK But 'Lying Low'

PYMNTS

After a short period of time in which Alibaba Founder Jack Ma’s whereabouts were unknown, CNBC has reported that Ma is not missing. Ma, according to the report, has been "lying low" amid several controversies between his companies and the Chinese government. Several news outlets had reported that Ma hadn't been seen in person since last October, when he spoke at a forum and criticized what he perceived as the government's overly strict regulatory rules.

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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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The COVID-19 Vaccine: Positioning Your Restaurant for a Successful 2021

KROST

With 2020 in the history books, many restauranteurs are looking at similar uncertainties in 2021 that the industry has been hurdling for the last nine months. Information is flying at us at near lightspeed, and it is easy to lose sight of the opportunities that lie within the voluminous pages of new legislation. However, one of those opportunities that will be vital to how you position your business is the COVID-19 vaccine.

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Stimulus Round Two: Two-Thirds Of Payments Reach Bank Accounts

PYMNTS

The U.S. Department of the Treasury has electronically sent out two-thirds of the second round of individual stimulus checks, or over $112 billion in payments, according to a report from The Wall Street Journal (WSJ). The payments of $600 for every adult and child totaled a cost of around $164 billion, WSJ reported. The payments come as part of the $900 billion relief bill passed at the end of last month, which also included money to go toward assistance for unemployment and small businesses.

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Bitcoin Daily: CoinDesk Acquires Crypto Index TradeBlock; Bitcoin.com Co-Founder Sues Bridge.link For Misleading Investors

PYMNTS

CoinDesk has acquired digital asset index TradeBlock , the cryptocurrency news platform announced in a press release Tuesday (Jan. 5). TradeBlock provides price references, customizable algorithms and other cryptocurrency data. With its acquisition, CoinDesk plans to invest and expand TradeBlock’s enterprise trading tools and order management platform, the release stated.

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How to Claim Tax Deductible Charitable Donations

LyfeAccounting

?. It’s better to give than to receive. We’ve all heard the phrase. As a bonus, the US tax code allows you to receive when you give, in the form of tax deductions that can lower your tax bill. And today, we’re going to be going over everything you need to know about tax deductible donations. We’ll be covering what types of donations are eligible, how to claim your deduction, if it even makes sense for you to donate for tax purposes… and everything in between.

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Opportunity Fund Teams With CUs For SMB Lending Campaign

PYMNTS

Longtime small business microlender Opportunity Fund is teaming up with a trio of credit unions (CUs) as part of the nonprofit’s bid to invest $1 billion in “marginalized businesses” across the country over the next two years. The San Jose-based community development financial institution, or CDFI, on Tuesday (Jan. 5) unveiled a new partnership with Meriwest Credit Union, Self-Help Federal Credit Union and UMe Credit Union.

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Understanding

RitaKeller

“Most people do not listen with the intent to understand; they listen with the intent to reply.” – Stephen R. Covey. If you have read The Seven Habits of Highly Effective People by Stephen R. Covey, you are familiar with Habit #5: Seek First to Understand, Then to Be Understood. If you have not read The Seven Habits, buy it today and begin reading it.

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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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Unanet Debuts New Functionalities For ERP Software

PYMNTS

Enterprise resource planning (ERP) company Unanet has rolled out a number of functionalities to add to its platform for architecture and engineering firms (A/E) in addition to government contractors (GovCons), according to a Tuesday (Jan. 5) announcement. "Unanet is continually investing in its ERP to ensure it has the latest cutting-edge technology because that's what our customers need to stay nimble and competitive in this complex economy," Unanet Chief Product Officer Assad Jarrahian said in

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Twitter Absorbs Podcast App Breaker, Breaker Set To Dissolve By Jan. 15

PYMNTS

The team behind podcast app Breaker is joining Twitter 's team and closing down its own services, the company reported in a blog post Tuesday (Jan. 5). According to the post, Breaker, which formed four years ago, will shut down Jan. 15, and founders Leah Culver and Erik Berlin will be building "what comes next." In joining with Twitter, the founders said they are "inspired by the ways Twitter is facilitating public conversations for people around the world.".

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Neat Launches Visa Card For Businesses In Hong Kong

PYMNTS

Neat said Tuesday (Jan. 5) that it has become a member of the Visa network and will issue its own Neat Visa card for Hong Kong-incorporated companies. The FinTech can issue its own payment offerings as a Visa member, drawing from the international network of Visa and providing an improved client experience, according to an announcement. “Our new Neat Visa card really gives [small- to medium-sized businesses (SMBs)] the flexibility and control they need over their spending,” Neat CEO David Rosa s

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US Government Aid Lessened Bankruptcies In 2020, Study Finds

PYMNTS

Government pandemic aid helped bankruptcy filings hit a 35-year low in 2020, according to legal service firm Epiq. In Epiq's report on 2020 bankruptcy statistics, the firm found that 2020 had the lowest numbers since 1989, with 529,068 over all chapters, according to a press release. December had 34,304 bankruptcy filings in total, which was also the lowest monthly total since January 2006, the release stated.

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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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Trump Executive Order Bans Transactions With Alipay, 7 Other Chinese Companies

PYMNTS

President Donald Trump has banned transactions with eight Chinese software applications, including Ant Group 's Alipay , which will escalate tensions with Beijing as he prepares to leave office later this month, Reuters reported. Trump implemented the measure via executive order and will leave the particulars of how to define what transactions will be banned to the U.S.