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
A state has not added a statewide sales tax since Richard Nixon was in the White House. Vermont was the last to due so in 1969. There are five remaining states with no state level sales tax: New Hampshire, Oregon, Montana, Alaska and Delaware – often referred to as the NOMAD states. Businesses based in these states still have the obligation to track their nexus footprint outside of their state and manage sales tax where they’ve determined they have an obligation.
By George Kelly, Silicon Valley, San Jose, CA (TNS) A 58-year-old Oakland man and five others have been charged with various crimes related to a multimillion-dollar COVID-loan fraud scheme, a U.S. Justice Department spokesman said Wednesday. At the center of the scheme, according to federal prosecutors, is former IRS agent Frank Mosley, who was also identified as a “current city of Oakland tax enforcement officer.
By James Paille, CPP. Accounting firms have faced a volatile profession in the past year as teams struggled with burnout while staff shortages increased, regulatory changes caught firms off guard – increasing compliance and security concerns – and tax laws became increasingly more confusing for clients and CPAs alike. Evolving client demands rank among the top drivers influencing recent shifts in accounting and firms must find new ways to deliver exceptional service.
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.
Article image is a still from Armanino’s 2019 recruiting video ‘The Perfect Taco’ Armanino is getting into the marketing business. In recent years, there’s been a push for CPA firms to serve as one-stop shops for more than just tax expertise and audits. And why not? Deloitte Digital has been doing it (and exceptionally well as evidenced by their many, many awards) for years.
By Leada Gore, al.com (TNS) Some energy efficient updates could qualify homeowners for up to $3,200 in tax credits. The Inflation Reduction Act of 2022 includes credits for taxpayers who make qualifying energy improvements to their home, according to the IRS. Here’s what you need to know about the credits: What credits are available? Taxpayers can claim the Energy Efficient Home Improvement Credit and the Residential Clean Energy Credit.
Vault has ranked Withum as #6 on its annual Best Internships for Compensation & Benefits list. Vault provides in-depth career intelligence for emerging professionals by industry and company. Famous for its meticulous research and annual rankings, it creates its rankings from surveyed professionals, then uses a weighted formula to calculate, analyze, and publish the results.
Vault has ranked Withum as #6 on its annual Best Internships for Compensation & Benefits list. Vault provides in-depth career intelligence for emerging professionals by industry and company. Famous for its meticulous research and annual rankings, it creates its rankings from surveyed professionals, then uses a weighted formula to calculate, analyze, and publish the results.
By Erin Bendig, Kiplinger Consumer News Service (TNS) Thinking of pursuing a career in finance? Although it’s a lucrative career path, the field is highly competitive. In a recent study, Tipalti found which states were the best to pursue a career in finance or accounting by analyzing the number of jobs available, average salaries, and university rankings.
QUESTION: Throughout the pandemic, our company’s group health plan has covered COVID-19 testing and vaccines at no cost to plan participants. Is this still required now that the public health emergency has ended? ANSWER: During the COVID-19 public health emergency (PHE), which ended May 11, 2023, group health plans were required to cover COVID-19 testing with no cost-sharing, prior authorization, or other medical management restrictions.
A New Jersey Certified Public Accountant has pleaded guilty to conspiring to defraud the United States by promoting fraudulent tax shelters to high-income clients. According to court documents and statements made in court, James H. Benkoil of Avon-by-the-Sea, New Jersey, promoted fraudulent syndicated conservation easements in which several investors form a partnership or company to purchase or invest in land, then donate the property for a charitable deduction.
Protecting Your Start-up Begins With Understanding Your Business’s Risks Technology companies in the start-up stage have a seemingly never-ending list of to-dos to ensure business success. From hiring to protecting intellectual property to finding the right investors, CEOs in this space have a lot to juggle. In today’s uncertain economic climate, and with the recent bank collapses, there are a few key measures that are non-negotiables for emerging technology companies to keep their financial and
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.
Kiplinger Consumer News Service On Mother’s Day each year, billions of dollars are spent on moms nationwide — the National Retail Foundation estimates that just over $274 is spent, per person, to show moms some love. And this year, estimates are that consumers plan to shell out $35.7 billion for Mother’s Day celebrations. But, at the same time, data from the Financial Health Network and a report from Century Foundation show that millions of mothers face retirement insecurity.
It’s been well over a year since the $1.2 trillion Infrastructure Investment and Jobs Act (IIJA or the Infrastructure Bill) was passed into law, with a five-year allocation of $550 billion in federal investments in America’s infrastructure to upgrade highways and major roads, bridges, airports, ports and water systems. As of May 2023, according to the White House (2023), over 20,000 projects have been awarded more than $200 billion from the IIJA.
The organizations have released a new online learning platform that will help accounting and finance professionals improve and update their skills in today's digital landscape.
For any business owner, one of the key areas of focus should be the company’s future. Financial planning is a vital part of that plan, helping business owners leverage growth and expand their operations. If a business owner hasn’t focused on this aspect, they need to understand what it is, what it does, and how it differs from regular accounting. What Is FP&A?
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.
Technologists Randy Johnston and Brian Tankersley, CPA, CITP, CGMA discuss the practical application of ChatGPT for accounting professionals, as well as the possible benefits, limitations and risks. Use the podcast player below to listen.
The global supply chain is an ever-evolving system that impacts businesses and industries worldwide, including the automotive sector. As parts and components must be regularly and reliably sourced, the supply chain has become increasingly important. From mass production and assembly lines to smaller body shops and car repair facilities, the supply chain has a significant role in how automobiles, trucks and other vehicles are manufactured, maintained and repaired.
[Ed. note: scroll down for assy commentary and screenshots of BDO leadership’s visit to India just days after they laid off a bunch of people in advisory , I need to get this part out of the way first] Financial Times has written about BDO USA’s plan to double its offshore workforce and couched the move as a direct result of the accountant shortage here in the US. “Shortage of young accountants leads BDO USA to double offshore workforce,” reads their headline.
Zillow has launched its Zillow ChatGPT plugin, which gives users a new way to discover real estate listings. Users who enable the plugin can use conversational language to ask about specific property listings or share the types of for-sale and rental homes they are interested in, including location, price range, and bedroom and bathroom count. The Zillow plugin then retrieves relevant information from Zillow’s extensive database of real estate listings.
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.
You’ve passed your CPA (certified public accountant) exam—hooray! But to keep your license active, you need to receive CPE credits according to your State Board of Accountancy’s requirements. So, what are CPE credits, and how can you earn them? What does CPE stand for in accounting?
The Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) on Thursday that would add illustrative guidance to help companies determine whether profits interest and similar awards should be accounted for as a share-based payment arrangement. In the proposed ASU, the FASB says: Certain entities provide employees or other service providers with profits interest awards to align compensation with an entity’s operating performance and provide those holders wit
Recently, I led a webinar on a day in the life of a frontline worker , where we talked about the many capabilities and benefits contained within Microsoft 365 (M365) for these workers and their organizations. M365 addresses many challenges organizations face around communication, schedule management, training and onboarding, engagement, and manual processes.
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.
By Dan Belson, Baltimore Sun (TNS) Maryland’s highest court issued an order May 9 reversing a ruling by an Anne Arundel Circuit Court judge that struck down the state’s first-in-the-nation tax on digital advertising. The order by the Maryland Supreme Court, which did not have an accompanying opinion Tuesday evening, vacated Anne Arundel Circuit Judge Alison L.
The modern era has witnessed a remarkable acceleration in technological advancement, with new breakthroughs and innovations emerging at an unprecedented pace. Technology has brought about a plethora of changes to the way we live, work, and interact with one another. However, with the abundance of new technologies, there has also been a rise in misinformation and a lack of knowledge surrounding them.
Partial Report on the Independent Dispute Resolution (IDR) Process October 1 – December 31, 2022 (Apr. 2023); DOL: Federal Independent Dispute Resolution Process – Status Update (Apr. 27, 2023) Partial Report Status Update The DOL, HHS, and IRS have jointly issued a partial report with usage data on the surprise billing independent dispute resolution (IDR) process created when the Consolidated Appropriations Act, 2021 (CAA, 2021) expanded patient protections to shield individuals from surprise b
With an industry as unique at the dealership industry, hiring managers often look within their organizations when trying to fill open positions in the back office. This is a double-edged sword that can either save you money or cost you a lot of money; the odds are 50/50, at best. The skillset necessary to be successful in the dealership accounting space is specific and takes time to acquire.
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.
Menzies LLP - A leading chartered accountancy firm. One of the main aspects you need to think about when becoming a landlord is the tax position and ensuring that you meet the tax reporting requirements. When you start receiving rental income, you must notify HMRC by 5 October following the end of the tax year rental income commenced to register for Self Assessment.
What's new: Users can now apply retention rules on document folders to designate a specified amount of time to retain any files inside those folders. During this time period, these rules would prevent users from archiving or deleting files until the time period is reached or the file is moved into a different folder without retention rules (requires permission to do so).
Menzies LLP - A leading chartered accountancy firm. One of the main aspects you need to think about when becoming Self Employed is the tax position and ensuring that you meet the tax reporting requirements. When you become Self Employed you must notify HMRC by 5 October following the end of the tax year You will need to keep clear and detailed records of income and expenses and ensure this includes invoices raised, payments received, as well as invoices paid and receipts which demonstrate costs
Cost accounting is essential to running a business, as it helps companies identify and understand their costs, expenses, and profitability. By tracking costs, companies can make informed decisions about pricing, product development, and resource allocation. Let’s explore the importance of cost accounting and the key metrics businesses should track to optimize their operations.
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.
130 
Let's personalize your content