Thu.Feb 09, 2023

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How to survive tax season

ThomsonReuters

As accountants, there’s no way to avoid the hectic nature of tax season. Amidst such a busy time, how do you ensure you aren’t overwhelming yourself or your staff? The answer lies in planning ahead, maximizing the tools available to you, and understanding your purpose. How can I make my tax season easier? From carving out dedicated personal time to implementing time-saving tools and technology, let’s take a look at three ways you can shift out of survival mode and thrive not only during tax seas

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Update on local jurisdictions and sales tax

TaxConnex

States aren’t the only ones who can complicate your life with sales tax: Local governments want to play their part, too. Cities, counties and towns nationwide – which have almost all seen an increase in their sales tax revenues in recent years – constantly tinker with their own sales taxes. The states and local jurisdictions have been the beneficiary of economic nexus over the past four years.

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Innovative Problem Solving With Mission:Cure

Withum

Explore Other Episodes #CivicWarriors #WithumImpact The post Innovative Problem Solving With Mission:Cure appeared first on Withum.

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Accountants Are Among the Most Sought After Workers in 2023

CPA Practice

Accounting and finance, human resources, legal, and technology professionals are the most in-demand by companies looking to hire in the first half of this year, according to the State of U.S. Hiring Survey from staffing firm Robert Half. Among managers at companies planning to hire for permanent roles in the first six months of 2023, 64% are looking to fill technology roles, 62% need accountants and finance professionals, and 59% are desperate for new employees in both HR and marketing.

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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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Sage Intacct Construction for General Contractors and Developers 

Withum

Sage Intacct Construction is one of the top construction finance management software providers and is the first and only AICPA-preferred accounting solution for general contractors and developers. Sage Intacct Construction enables proactive management of valuable financial metrics and improves cash flow. It’s built specifically for the construction industry , providing real-time visibility and insights through role-based dashboards.

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AuditFile Partners with AuditClub for Audit Efficiency and Quality

CPA Practice

AuditClub, the Audit Service Center, and AuditFile, developer of the award-winning cloud-based audit automation platform, will collaborate to combine audit technology with fractional auditors to ease the challenges faced by CPA firms and internal audit teams in performing audits and reviews. AuditFile is a secure cloud-based solution that helps CPA firms and internal audit teams perform efficient audits, reviews and compilations.

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But Who’s Counting? Season 2 Episode 1: Keys to Making Better Decisions Faster Than Your Competition with John Simanowitz

Anders CPA

To set your business apart from your competition, it will take ingenuity and innovative thinking. Customers expect a continuously improving experience and to provide it, businesses must invest in the teams and technology necessary to retool their company to thrive in change. In the Season 2 premiere of But Who’s Counting? , host David E. Hartley sat down with changemaker and Integrity CEO John Simanowitz to seek his advice on ways businesses can innovate to improve their processes and come to be

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Reasons Why 2023 is the Year for Client Accounting Services

AccountingDepartment

It’s common for business owners to feel stretched to the limit with the services they have. A common misconception is that implementing anything else will drain resources and strain current practices. Yet this isn’t necessarily the case — particularly regarding client accounting services (CAS). But why are these services so important? And why is 2023 the year businesses should consider implementing CAS into their strategy?

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Half of Americans Are Worse Off Now Than 12 Months Ago, Survey Finds

CPA Practice

By Reade Pickert, Bloomberg News (TNS) Half of Americans say they are financially worse off now than they were a year ago, the highest share since 2009, according to a Gallup poll released Wednesday. An even greater portion of lower-income Americans said they were losing ground, according to the Jan. 2-22 survey. About 61% of those with a household income of less than $40,000 reported they were worse off, compared to 49% and 43% for middle- and high-income households respectively.

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FASB Votes to Draft New Standard to Measure Crypto Assets

Insightful Accountant

According to the vote, companies measuring the assets such as Bitcoin and Ethereum would be required to use fair value accounting.

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

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.

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Receipts for Taxes and Your Business: What Do You Need to Hang Onto?

Patriot Software

Tax season might be once a year, but preparing for tax season is a year-round process. To back up your tax deduction claims, you need to keep business receipts. But, what kind of receipts for taxes do you need? And which small business receipts can you pitch?

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Tips to Prepare Your Engineering Firm for the 2023 Tax Season

GrowthForceBlog

6 min read We start businesses in order to make money and provide a needed service to people while doing something we love.

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4 Trends in Healthcare Payments for 2023

MineralTree

State of Healthcare AP The last few years have presented a perfect storm of challenges for finance teams working in healthcare. Those in the industry have been forced to deal with the combined business effects of economic uncertainty, the COVID-19 pandemic, hiring challenges , and supply chain disruptions. These circumstances have left the majority of healthcare organizations facing the same AP challenges.

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Robert Half Reports Finance and Accounting Talent is in High Demand (Duh)

Going Concern

According to the results of a recent Robert Half survey, companies across the U.S. are hungry for talent and of all professional roles, finance and accounting are nearly the most in-demand, second only to technology. The survey also shows that few respondents expect to freeze hiring or eliminate positions in the first half of this year, and that contract work is on the rise for these hard to place roles.

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Doing More With Less: The Modern Finance Miracle

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.

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OCR Bulletin Addresses HIPAA’s Application to Online Tracking Technologies

ThomsonReuters

OCR Bulletin: Use of Online Tracking Technologies by HIPAA Covered Entities and Business Associates (Dec. 1, 2022); HHS Office for Civil Rights Issues Bulletin on Requirements under HIPAA for Online Tracking Technologies to Protect the Privacy and Security of Health Information (Dec. 1, 2022) Bulletin News Release HHS’s Office for Civil Rights (OCR) has issued a bulletin to highlight the HIPAA privacy, security, and breach notification obligations imposed on covered entities (including health pl

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Justworks @ QuickBooks Connect 2022

Insightful Accountant

Check out how Justworks' co-employment model provides payroll, benefits, HR and compliance for all of its client companies.

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Southwest Airlines Gives Refunds to 270,000 Travelers for Holiday Meltdown

CPA Practice

By Kyle Arnold, The Dallas Morning News (TNS). Southwest Airlines has reimbursed more than 273,406 passengers since its December meltdown that left millions of passengers stranded, more than 96% of all requests submitted so far. “Anything that was well documented and under $4,000 our representative approved on the spot,” Southwest Airlines Chief Operating Officer Andrew Watterson told reporters Thursday before a U.S.

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AuditClub, AuditFile Partner to Advance Audit Efficiency and Quality

Insightful Accountant

New AuditFile software feature helps firms connect with AuditClub fractional auditors to complete audits and reviews under tight deadlines.

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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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On-Demand Webinar: Not-for-Profit Basics for Board Members

Withum

This session will discuss how a not-for-profit is formed, the needs that should be considered, and the basics of financial reporting principles. We will go in-depth into a detailed review of form 990 and how to understand the 990 if you are a board member of governance at a not-for-profit. View Slide Deck View More On-Demand Webinars Viewers Will Learn About Understand how a not-for-profit is formed and what needs to be considered.

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Keeper @ QuickBooks Connect 2022

Insightful Accountant

See why Keeper enables you to have all in one task management, client communications, file reviews and management reporting all in one place.

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On-Demand Webinar: International Tax and Transfer Pricing In The Metaverse

Withum

Join a panel of international tax and transfer pricing professionals with expertise in taxation of digital assets, blockchain technology, and the metaverse. Learn about new business models and their unique challenges. Panelists will also offer some solutions for advising clients and corporations operating in this space. View Slide Deck View More On-Demand Webinars Viewers Will Learn About List some of the new business models operating in the metaverse that involve digital currencies and blockcha

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The Technology Lab Podcast – LEO Satellites – Feb. 2023

CPA Practice

Technologists Randy Johnston and Brian Tankersley, CPA, CITP, CGMA discuss how “low Earth orbit satellites” can provide greater internet connectivity for accountants, firms, remote staff, and others who frequently travel. Use the player below to listen to the podcast.

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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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On-Demand Webinar: Top Reasons to Fall in Love with Microsoft 365 

Withum

There are a million reasons to fall in love with Microsoft 365 View On-Demand Webinar In this on-demand webinar, we look back at the best of Microsoft from 2022 and take a glimpse into the future, as we dive into two of the hottest Microsoft creations that enable you to build an irresistible employee experience – Microsoft Viva and Power Platform. Withum’s Jeff Willinger , Digital Experience Director, and Microsoft MVP, and Joel Oleson , Senior Product Manager and Microsoft 365 Architect at Sony

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Southern Illinois University Wins 21st Annual Deloitte FanTAXtic National Case Study Competition

CPA Practice

A team of students from the Southern Illinois University, Carbondale, claimed victory at the Deloitte FanTAXtic national case study competition by presenting the best analysis on a complex, issues-driven business tax case. This year’s case challenged teams to rank investors best suited for a business venture as well as consider tax or non-tax scenarios the investor should consider.

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5 Benefits of Hiring a Virtual CFO vs. an In-House CFO

IgniteSpot

Selecting the right chief financial officer (CFO) for your business can be vital to successfully scaling your organization and increasing your ROI.

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ACCA’s New Annual Global Talent Trends Survey Explores Future of Accountancy Profession

CPA Practice

In one of the largest ever studies across the accountancy profession—with more than 8,400 respondents across 148 countries— the Association of Chartered Certified Accountants (ACCA) new annual Global Talent Trends Survey 2023 provides a unique and vital view of how people feel about their life at work. The resulting report found that the biggest transformation for over a generation ushers in a new era in the world of work: 44% expect to move roles in the next 12 months, inflation is fueling wage

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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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When the going gets tough, businesses can’t afford to stand by – so they must act

Menzies

Menzies LLP - A leading chartered accountancy firm. Businesses know that trading conditions for 2023 are going to be challenging due to high interest rates and high inflation, but are they doing what is needed to protect the bottom line and prepare for growth? Despite the significant unpredictability of the market, economic and geopolitical landscapes currently ongoing, the release of some positive UK economic data has resulted in some optimism from the equity markets as 2023 begins, but this ma

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Programmable Money: How Virtual Cards Are Improving T&E Management

CPA Practice

By Keith Axelsen. It’s hard to imagine companies funding employee travel and expenses (T&E) without plastic credit cards. They offer the ultimate flexibility for employees to get whatever they need when they’re away on company business. However, these cards are not always the best – or most lucrative – option. The biggest challenge with physical cards is that companies don’t want every employee to have a corporate credit card.

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Best eBay Sales Analytics Tools For 2023

Snyder

Launching an eBay store might be easy at first, but making it profitable by choosing the top selling products and setting attractive prices is a bit trickier than it seems. A possible solution here is to study various top selling items lists and use them to fill your store with the items in demand. But the inevitable shortcoming of such lists is that they might only provide a temporary fix: the item that is in demand today may well become obsolete tomorrow.

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When Do You Stop Investigating?

FraudFiles

How does a fraud investigator know when enough investigation has been done on a case? If a scope of work was agreed upon with the client, the investigator should finish that work in order to meet her or his obligations.

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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.