TaxConnex

JULY 28, 2022

Failure to comply with the applicable sales tax rules can have a devastating effect on a business, but they’re often overlooked because they’re considered “pass-through” as the business is responsible for collecting the applicable taxes which pass through the business and are subsequently turned over or paid to the states. While these pass-through taxes are not meant to create a financial burden on a business, failure to comply can create significant risk.

Sales 130

Sales Tax Start-ups Legal 130

Intuitive Accountant

JULY 28, 2022

In today's changing workplace, many organizations are looking to complement their full-time staff with independent contractors to grow their business. WorkMarket's Bridget Quinn Kirchner explains how it works.

128

128

Withum

JULY 28, 2022

We all knew this day was coming, and it has finally arrived. Multiple businesses notified us this week that their claims for the employee retention credit (ERC) are being audited by the IRS. This does not mean that these businesses did anything wrong, or that they will end up owing money to the IRS; it just means that the IRS selected their ERC claims for review.

audit 121

audit income tax tax return Tax 121

Accounting Today

JULY 28, 2022

income tax 119

income tax Tax 119

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.

Account

Xero

JULY 28, 2022

Xero connects with over 1,000 apps that help small businesses and their advisors succeed, check out the Xero App Store. Each month we celebrate an app partner who stands out for helping small businesses thrive. Find out more about becoming a Xero app partner here. Xero recently hosted Xerocon London , one of the most anticipated events on the calendar for cloud accounting leaders.

bookkeeping 105

bookkeeping Construction accounting firms Start-ups 105

Accounting Today

JULY 28, 2022

audit 110

audit 110

Intuitive Accountant

JULY 28, 2022

While the 'free' version of TeamViewer may be one of the best known remote software apps by Insightful Accountant readers, there is plenty to know about the features in the paid version.

Account 104

Account accountant accounted 104

Accounting Today

JULY 28, 2022

Tax 98

Tax 98

AccountingDepartment

JULY 28, 2022

The answer to whether it’s the latest and greatest new trend is murky at best—providers certainly seem to be appending the term to their offerings more frequently. And the classic muddling of the definition and related expectations is occurring at warp speed as well. Many indicators point to another flash-in-the-pan buzzword to be adopted, and subsequently corrupted, by the sales and marketing brains of these service providers.

Account 98

Account accountant accounted Sales 98

Accounting Today

JULY 28, 2022

financial statements 98

financial statements Government accounting standards Account 98

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

Finance

Xero

JULY 28, 2022

Financial services at Xero empower small businesses and their advisors to take control of their cash flow and financial future by providing trusted insights and services. In our customer series we highlight small businesses using financial services to make their life easier. . When Johnno Green set up JCG Projects over eight years ago, he quickly turned his renovations and repairs business from a one-man operation to a team of tradies.

bookkeeping 98

bookkeeping accounting and finance Start-ups Finance 98

Accounting Today

JULY 28, 2022

Education 98

Education Account accountant accounted 98

ThomsonReuters

JULY 28, 2022

QUESTION: We sponsor a self-insured health plan for our employees. A TPA handles day-to-day administration of the plan, including processing claims and making payments to health care providers. We understand that HIPAA establishes standards for electronic health care transactions. If the TPA fails to comply with those standards, is the plan potentially liable under HIPAA?

Tax 97

Tax Account accounted accountant 97

Accounting Today

JULY 28, 2022

audit 98

audit 98

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

Finance

Patriot Software

JULY 28, 2022

A quarter of adults in the U.S. don’t have retirement savings. One reason? Not all employees have access to an employer-sponsored retirement program. Seeing this looming crisis, Illinois launched the Secure Choice Retirement Savings Program (Illinois Secure Choice). Like other state retirement programs, Illinois Secure Choice mandates that all businesses with five or more employees […] READ MORE.

Illinois 97

Illinois payroll 97

Accounting Today

JULY 28, 2022

South Dakota 98

South Dakota Sales Tax 98

Patriot Software

JULY 28, 2022

Here’s a shocking stat: More than 600,000 private-sector employees in Connecticut don’t have an employer-sponsored retirement savings plan. To encourage more employees in the state to save for retirement, Connecticut launched the MyCTSavings Retirement Program (MyCTSavings). As with similar state retirement programs, MyCTSavings brings a mandate for many small businesses: Offer a retirement plan to […] READ MORE.

Connecticut 97

Connecticut payroll 97

Accounting Today

JULY 28, 2022

98

98

Advertiser: Paycor

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.

KROST

JULY 28, 2022

LOS ANGELES, CA [July 28, 2022] — Los Angeles-based CPA Firm, KROST CPAs and Consultants announced Paren Knadjian as Principal of M&A and Capital Markets and Brad Pauley as Principal of Tax. Paren Knadjian has successfully completed over 200 M&A and Capital Markets transactions worth over $1 billion. Having been at the firm since 2017, Read the full article.

cpa firm 81

cpa firm Tax cpas CPA 81

Accounting Today

JULY 28, 2022

accounting firms 85

accounting firms Account accountant accounted 85

Withum

JULY 28, 2022

Over the past few months, the SBA has provided several audit-specific webinars for entities that have received an SVOG grant. These webinars have provided details and clarity around the requirement. The audit requirement is different for non-profit entities (referred to as non-Federal entities within 2 CFR 200) and for-profit entities. It is important to note the difference in the requirements between those entities and for recipients to plan accordingly based on their entity’s requirement

audit 64

audit Non-Profits Entertainment financial statements 64

ThomsonReuters

JULY 28, 2022

Saloojas, Inc. v. Aetna Health of Cal., Inc., 2022 WL 2267786 (N.D. Cal. 2022). Available at [link]. An out-of-network health care provider sued an insurer under the Coronavirus Aid, Relief, and Economic Security (CARES) Act for failing to reimburse the full cost of COVID-19 testing as posted on the provider’s public website. As background, the CARES Act and related agency guidance require group health plans and insurers to cover COVID-19 diagnostic testing without cost-sharing, prior authoriza

Healthcare 52

Healthcare Legal Tax Account 52

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.

Finance

Basis 365

JULY 28, 2022

Strategy is a crucial aspect of scaling your business. But success in growth comes down to planning and managing your numbers well. This is possible by using the right metrics to guide your growth strategy. Key Performance Indicators Key performance indicators (KPIs) are quantifiable values that measure how well you perform in revenue, profits, and growth.

accounting and finance 52

accounting and finance Sales Start-ups Finance 52

ThomsonReuters

JULY 28, 2022

HHS: Guidance Letter 2022-04—Health plans’ payment of health care claims using Virtual Credit Cards (VCCs) and adopted Health Insurance Portability and Accountability Act of 1996 (HIPAA) standards for Health Care Electronic Funds Transfers (EFT) and Electronic Remittance Advice (ERA) transactions; 45 Code of Federal Regulations (CFR) §§ 162.1601 and 162.1602(d) FAQs (July 14, 2022).

Legal 52

Legal Tax Account accounted 52

Basis 365

JULY 28, 2022

You spend a lot of time analyzing financial statements as a manager or owner of a business. Of course, each statement is essential, but not all statements are equally important. While some financial statements are vital to understanding a company's financial health, others are less important. Let's look at four of the most important financial statements for every business.

financial statements 52

financial statements accounting and finance accounts payable Finance 52

5 Minute Bookkeeping

JULY 28, 2022

When it comes to pricing their services, most new bookkeepers start off with charging their clients by the hour. I certainly did that in the early days of my bookkeeping business too. But one of the best things that I did to grow my business was to move away from hourly billing to pricing all services upfront for my clients instead. If you’re still charging clients by the hour, I’d love to share my insights and experience with you from my own pricing journey.

bookkeeping 52

bookkeeping Start-ups bookkeeping services Account 52

Advertiser: Paycor

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.

Patriot Software

JULY 28, 2022

It wouldn’t be an understatement to say that family-owned business is synonymous with American business. Eighty-seven percent of American businesses are family owned. You read that right: 87%. That means that family-owned businesses employ a huge portion of the U.S. workforce—62% to be exact. And to top things off, family-owned businesses make up 64% of […] READ MORE.

Account 52

Account accounted accountant 52

Accounting Today

JULY 28, 2022

Tax 105

Tax corporation tax 105

Going Concern

JULY 28, 2022

Some of you are familiar with the ubiquitous Cosmopolitan Magazine quiz and for those of you who aren’t, well, sorry you’ve never quantified your sex life using a five question quiz developed by some sassy intern. Today we’ve got one of our own. Is It Time To Break Up With Your Big 4 Firm? Pick your answers to these five simple questions and check the scoring key at the bottom to find out if you’re partner material or should have quit two busy seasons ago.

111

111

Accounting Today

JULY 28, 2022

corporation tax 98

corporation tax Tax 98

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.

Technology