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As an entrepreneur, you’re expected to continuously make serious data-informed decisions that will keep your business profitable. These decisions must be based on actionable insights derived from the available data. With actionable business insights , you’ll understand what needs to be done to deal with issues that arise in your business. A common question every entrepreneur asks is: How do I get actionable insights from data?
According to the most up-to-date US Tax Code, all US-based business employers are required to file employment 941 / 940 Payroll Tax forms with the IRS every quarter and year-end at a prescribed date. These employment reporting forms goes along with all of the necessary payments that are made to the IRS throughout the year. When a Los Angeles, CA business employer runs afoul of the IRS, it is very important to know that it is serious and you should seek out professional help from a representation
Have you heard? There’s an accountant shortage! This is probably coming as a shock to you but it’s true. Firms are trying all sorts of tricks to find and retain talent but the problem may be deeper than not having the right set of perks but rather an actual shortage of qualified talent. This issue has been building since accounting graduate numbers peaked in 2015-16, seven years later we’re starting to see the effects of a shrinking pool of accountants.
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.
Happy Monday! Here are your headlines. SOX turned 20 over the weekend. SEC Chair Gary Gensler had some things to say about Sarbanes-Oxley’s past, present, and future. Tim Ryan on leadership : “Too often, I find in corporate America, we go into the huddle where we agree on a pass play but not on what routes everybody is running,” he said in a recent interview. “My experience has taught me that one of the enemies of great teams is lack of clarity, on the part of our leaders
Despite accounting firms changing their Twitter logos to rainbows for the month of June, a shocking number of LGBT accountants are straight up leaving the profession because they feel they don’t belong. This is very bad news considering how shallow the talent pool is to begin with. Thomson Reuters on IMA and CalCPA research : LGBTQ+ accountants’ high attrition rate — with one-in-five LGBTQ+ respondents in the US reporting they have left the profession due to a lack of DEI — is highlighted
Despite accounting firms changing their Twitter logos to rainbows for the month of June, a shocking number of LGBT accountants are straight up leaving the profession because they feel they don’t belong. This is very bad news considering how shallow the talent pool is to begin with. Thomson Reuters on IMA and CalCPA research : LGBTQ+ accountants’ high attrition rate — with one-in-five LGBTQ+ respondents in the US reporting they have left the profession due to a lack of DEI — is highlighted
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.
Withum is proud to announce that Construction Executive , a leading publication in the construction industry, named Withum in their list, The Top 50 Construction Accounting Firms. Constructive Executive’s Top 50 ranking is determined by an algorithm weighing key factors such as construction and architectural & engineering practice revenue, percentage of total firm revenue, number of CPAs and Construction Industry Financial Professional Certifications (CCIFP®), office locations and founding
The public perception of accountants is typically described as compliance processors or number crunchers—people who balance books and prepare tax returns. Unfortunately, this limited view clouds the true value of accounting professionals and can lead to some people choosing do-it-yourself tax software. After all, what’s the difference when it’s just about plugging in numbers, right?
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.
Pay frequency is one of the first decisions you must make when you hire your first employee. If you haven’t thought about payroll frequency, now’s the time to start. Employee satisfaction, legal compliance, and cash flow may depend on it. If you’re asking yourself what is pay frequency, no worries. You’re likely already familiar with […] READ MORE.
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.
On behalf of the DMCL team, we’d like to wish all our clients, friends and family a happy Pride Month as we celebrate and uplift those in our lives who identify as part of the LGBTQ2S+ community. Today and every day, DMCL is committed to fostering an inclusive workplace and culture where our staff can feel safe, supported and free to be their authentic selves.
The key to attracting this still relevant segment means showing them you are one with technology and all it offers. Tax Practice News' Christine Gervais shares her insights on our sister site.
Chipotle Mexican Grill, Inc. (NYSE: CGM) is a publicly held corporation with more than $6 billion in assets. To follow are Chipotle’s four basic financial statements for its most recent year, the year ending December 31, 2021. Please note that all statements have been adapted and condensed for educational use and should not be used […].
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.
Introducing Kayleigh Graham, Head of Sales at Telleroo. She’s also a regular speaker at Accountex London, Accountex Summit Manchester and our virtual events. Kayleigh began her career in corporate and commercial banking before making the move into the accounting world where she is currently responsible for the strategic rollout of capital advisory services within firms – helping them to raise, recover and protect capital for UK businesses.
Menzies LLP - A leading chartered accountancy firm. If you support overseas entities (particularly branches) – whether already registered at Companies House or not, OR individuals based overseas that want to buy, sell or transfer UK property you should continue to read… The Register of Overseas Entities will come into force in the UK through the new Economic Crime (Transparency and Enforcement) Act 2022.
Can you behave confidently if you don’t have confidence? Is there a difference between doing something confidently and having confidence? Can you really ‘fake it till you make it’? What is the difference? Having confidence is defined as your level of certainty about your ability to do something. You believe you can achieve the activity ahead of you and you have the self-belief in your impending success.
Menzies LLP - A leading chartered accountancy firm. E-retail business in the UK continues to go from strength from strength with the global pandemic only accelerating the change in consumer behaviour and providing a further boost to the digital economy. For start-ups entering the arena now and for the traditional bricks and mortar retailers who are making their first foray into the e-commerce world, one of the most common questions we get asked is: What e-business model should I be using for my
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.
Accountex Summit Manchester returns for the fourth year on 12 October 2022 at Manchester Central. . The exhibition is set to welcome over 1500 attendees, including accountants, finance directors and bookkeepers from all over the north of the country. . More than 100 software and service suppliers will be exhibiting, including Sage, Xero, Wolters Kluwer, Dext, IRIS, FreeAgent, and Intuit Quickbooks.
Menzies LLP - A leading chartered accountancy firm. As the e-commerce industry continues to rise due to significant advances in technology, there are endless opportunities to be had with starting your own ecommerce business or moving your existing business online. With frequent changes being made to regulations and rules, it is important to consider the challenges that also occur whilst starting up your business.
On behalf of the DMCL team, we’d like to wish all our clients, friends and family a happy Pride Month as we celebrate and uplift those in our lives who identify as part of the LGBTQ2S+ community. Today and every day, DMCL is committed to fostering an inclusive workplace and culture where our staff can feel safe, supported and free to be their authentic selves.
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.
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