This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Introducing Claire Bartlett, the founder and director of Arden Bookkeeping. A multi-award winner in her industry, her specialty is helping business owners create stable foundations for a triumphant future. Claire is passionate in her support for the bookkeeping industry, working tirelessly to highlight the vital part it plays in supporting the UK economy.
From tight deadlines to too much work, achieving work-life harmony during the busy season can be challenging. While it may be impossible to eliminate stress, there are strategies you can use to help reduce the negative impact of stress and increase productivity. Stress is the body’s natural reaction to challenging or demanding situations. It just so happens that a lot of the time, we can call our stress work.
Just the other day we were talking about initiatives around the profession to ease the burden of the 150 hour requirement for CPA licensure that tie together education and work experience , like work-for-credit programs or 5th year education partnerships between firms and universities. Today, we’ve learned of another education-experience partnership: a high school in North Carolina that is sending kids to work at accounting firms, among other local employers.
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.
Are you tired of spending countless hours on bookkeeping, payroll, and tax preparation? Do you want to focus more on growing your business and achieving your goals? If so, consider outsourcing your accounting tasks. In this article, we'll explore the benefits of outsourcing accounting, including outsourced bookkeeping and outsourcing to an accountant.
Nearly one-half of nonprofits saw a decrease in net income in 2022 due to increases in personal compensation and operational costs, decreases in state appropriations and an end to the American Rescue Plan funding. These, and other findings, were found in the latest national nonprofit study by national accounting and advisory firm FORVIS. Coupled with a 68% surge in demand for programs and services, many nonprofits are feeling outweighed by their financial demands.
Every tax professional knows that they need special permission to access private information on behalf of their client. Many tax professionals use IRS Form 2848, which is a power of attorney, a legal document that grants them the ability to represent the taxpayer to the IRS. While you’ll eventually need to file a power of attorney for clients you’re representing to the IRS, there’s a case to be made for proactively filing IRS Form 8821 with them first.
Every tax professional knows that they need special permission to access private information on behalf of their client. Many tax professionals use IRS Form 2848, which is a power of attorney, a legal document that grants them the ability to represent the taxpayer to the IRS. While you’ll eventually need to file a power of attorney for clients you’re representing to the IRS, there’s a case to be made for proactively filing IRS Form 8821 with them first.
Amidst an industry-wide skills shortage, Xero’s State of the industry report shows that over a third (38 percent) of practices today are struggling to hire experienced team members. Despite this, Dinesh Aggarwal – founder and Managing Director of Fortuna Advisory Group – has his sights set on growth. In fact, he’s determined to win the war on talent, all while creating an engaged and connected global team.
Good morning and happy Monday! Things were a bit quiet last week as much of the profession currently has their heads down grinding through the best time of the year, this week will likely be much of the same. BDO layoffs were the significant story from last week and may signal the start of a culling of the advisory herd system-wide. Let’s not worry about that for now.
By Bill Murphy Jr., Inc. (TNS) If you’re running a business, sometimes it’s a helpful exercise to think back to what things were like before you were the boss. Maybe you were fortune and had jobs you liked and leaders you respected. But if not —or maybe even if so—you might have had days when you just didn’t want to go in, and even weekends when you dreaded what Monday morning would bring.
Eyeing the start of the formal applications for 2023, Murph offers tips to our International participants regarding the Ecosystem (apps & software) section of the new form specific to them.
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.
By Carrie McKeegan, Inc. (TNS) As a U.S. entrepreneur, expanding your business overseas can be an exciting and lucrative venture. However, when it comes to repatriating foreign earnings, navigating the tax implications can be a daunting task. In recent years, the tax rules regarding repatriation have changed, making it even more challenging for business leaders to keep up.
Form 5500 is an annual report filed by employee benefit plans with the U.S. Department of Labor (DOL) and the Internal Revenue Service (IRS). The form is used to disclose financial and other information about the plan, including its operations and investments. The DOL, IRS, and PBGC recently released a notice announcing the final forms and modifications of the instructions utilized for the annual reporting of employee benefit plans in the Federal Register.
The partners and employees of Daszkal Bolton have joined the advisory, assurance and tax firm CohnReznick , a leading advisory, assurance, and tax firm, effective March 1, 2023. Daszkal Bolton is a regional South Florida accounting, tax, and advisory firm. This is the latest strategic expansion for CohnReznick to support geographic and client growth.
Our fast-paced world has transformed many jobs, but few seem to have changed as much as what accountants typically did even 20 years ago compared to today, next year, or the next decade. The accountant’s role has long transformed from mere bookkeeping to encompassing more duties and responsibilities: from financial reporting and analyzing business performance to helping with taxation (and many more).
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.
The Bonadio Group, a nationally ranked Top 50 CPA firm and the largest independent provider of professional services in Upstate New York, has announced the acquisition of Rochester-based accounting firm, Webber CPA, which will now operate under The Bonadio Group name. The acquisition aligns with The Bonadio Group’s strategic goals to continuously enhance service offerings and capabilities and seek opportunities for growth.
eCommerce continues to dominate the vast global retail landscape – and it’s a monster for good reasons. With an online store, you can: reach a global audience capture the appeal and freedom of delivery services take a variety of payment types work from almost any location It’s not only attractive to business owners, but dually the customer base, especially post pandemic when people have become much more comfortable with online shopping.
Menzies LLP - A leading chartered accountancy firm. Despite the potentially turbulent times lying ahead if we enter a recession, the corporate investment market has high liquidity and is still moving. The essential rules regarding business takeovers remain relevant, not least Buyers should invest in businesses they understand, acknowledge the risks associated with the process or sector and take the necessary steps to mitigate against them.
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.
The American Institute of CPAs (AICPA) has submitted comments to the Department of the Treasury and Internal Revenue Service (IRS) related to changes made to section 162(m) by the American Rescue Plan Act of 2021 (ARPA). Section 162(m) of the Internal Revenue Code places a $1 million limitation on the amount of remuneration with respect to a covered employee that a publicly held corporation may deduct in a taxable year.
Menzies LLP - A leading chartered accountancy firm. Richard Turner – Senior Manager As the rules were initially drawn, someone buying a property which counts as two dwellings would be liable to an extra 3% SDLT on the whole price above the ‘normal’ SDLT that would be due. This was the case even if it was going to be the buyer’s only property or if it was replacing the buyer’s only or main residence.
Before discussing some potential areas of disagreement, we need to address several foundational issues that permeate the basis for disputes. By recognizing these issues during the diligence and document review, the more likely a dispute can be averted or minimized. On the top of the list is measurement. Understanding, and by understanding, I mean documenting, the agreements with guidance on how an item or items will be valued is critical.
Menzies LLP - A leading chartered accountancy firm. Stephen Hemmings – Business Tax Partner The Apprenticeship Levy has been with us for over five years but there remain employers unaware of what this is all about, whether it is payable, what action is available to mitigate the cost and what benefits are available to the business? Read our introduction to the apprenticeship levy News Apprenticeship Levy Update read more What is the Apprenticeship Levy?
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.
Learn how Synder eases the import of Stripe transactions to QuickBooks and helps accountants separate Stripe loan repayments in the books. Growing a business sometimes means having to find funding quickly and without unnecessary fuss of a lengthy application process. If a business has been using Stripe for more than 6 months and their annual volume exceeds $5,000, they can apply for a loan with Stripe.
Once upon a time in a land far, far away a buyer and seller came together, and quickly came to terms that everyone was happy with. Post-closing the business thrived, and the seller went on to an extraordinary retirement. They all lived happily ever after. Did I mention that what was sold was a certain bridge in Manhattan? Deals are consummated for all kinds of reasons.
Chaser, the global accounts receivables platform and credit control service provider launched payer ratings. This new feature uses sophisticated machine learning to provide businesses with instant insights into their customers’ payment behaviour, helping them to optimise their collections process, reduce non-payment risks, and improve their overall financial management.
Menzies LLP - A leading chartered accountancy firm. The United Kingdom has long been a hub for manufacturing, with a rich history of industry and innovation. Despite the challenges posed by Brexit and the COVID-19 pandemic, the country remains an attractive destination for manufacturers looking to set up business. In this article, we will examine the factors that make the UK an attractive location for manufacturing and consider whether now is a good time for manufacturers to set up business in t
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.
By Alexandra Harris, Caleb Mutua, and Paige Smith. Bloomberg News (TNS) U.S. banks are being forced to do something they haven’t done for 15 years: fight for deposits. After years of earning next to nothing, depositors are discovering a trove of higher-yielding options like Treasury bills and money market funds as the Federal Reserve ratchets up benchmark interest rates.
Menzies LLP - A leading chartered accountancy firm. Richard Turner – Senior Manager In July 2011 the government introduced a relief designed to encourage private investors into the residential property market. The relief operated by reducing the amount of Stamp Duty Land Tax (SDLT) payable on the acquisition of two or more dwellings, by reference to the “average” price per property rather than on the combined price.
Menzies LLP - A leading chartered accountancy firm. Article curated by Assistant Manager Conor McManus The next budget will be Spring and we expect the Chancellor to; raise Corporation Tax rates to a headline rate of 25%, reduce the Capital Gains Tax annual exemption amount from £12,300 to £6,000 , and reduce the dividend allowance from £2,000 to £1,000.
Menzies LLP - A leading chartered accountancy firm. Article curated by Assistant Manager Conor McManus Given the current global economic climate, paired with the current UK political uncertainty, the UK economy is expected to enter a period of recession with an associated depreciation in asset values; as we have already seen for most stocks and shares.
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.
We organize all of the trending information in your field so you don't have to. Join 237,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content