Tue.Mar 22, 2022

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Vendor concessions/discounts can help pay to outsource sales tax obligations

TaxConnex

Collecting and remitting sales tax to states and other tax jurisdictions is time consuming and can be expensive. If only somebody could help you with the costs of managing it. Somebody can: the states and tax jurisdictions themselves. Some states give?a?collection discount to help with the costs of managing sales tax.?If it sounds like free money to help cover the costs of outsourcing your sales tax compliance, it can be?

Sales 195
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5 client communication tips for accountants

ThomsonReuters

Psychologist and author Rollo May observed, “Communication leads to community, that is, to understanding, intimacy, and mutual valuing.”. The connection between accountants and their clients is an important relationship in the business world. Not only do clients trust their accountants with detailed — potentially embarrassing — financial secrets, they also expose many of their business decisions, including the good, the bad, and the ugly.

Account 98
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How Much Does Bookkeeping Cost For A Small To Medium Sized Business?

AccountingDepartment

Understanding virtual bookkeeping along with accounting processes is paramount to any business. Companies are moving toward virtual bookkeeping services out of convenience and cost savings. This is a more modern way of managing records for a business with the use of digitization and cloud storage. Find out more about how virtual bookkeeping services and accountants compare and which is best suited for your company at this time.

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CMMC 2.0 Update for Government Contractors

Withum

On November 4th, the Department of Defense (DoD) announced an enhanced “ CMMC 2.0 ” program which will maintain the program’s original goal of strengthening cybersecurity and protecting sensitive data. What is CMMC 2.0 and how does it differ from CMMC 1.0? In this timely video update, Wendy Terry and Michael Seip review key considerations and discuss: .

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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We’re Snitching Out Managers Who Expect You to Answer Emails After Hours Now

Going Concern

Spotted on r/antiwork via Fishbowl: Do you guys smell that? Smells like REVOLT to me. Not sure how helpful HR will be on this (remember: they exist to help the firm not you ), but hey, put some heat on ’em anyway. The post We’re Snitching Out Managers Who Expect You to Answer Emails After Hours Now appeared first on Going Concern.

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Managing a Successful Inbound Logistics Process with Oracle Netsuite 

Withum

Without a doubt, logistics remains one of the most crucial aspects of supply chain management that cannot be underestimated. Managing customers’ expectations in real-time and cost-effective deliveries can be directly impacted by your inbound logistics.?Supply chain management logistics isn’t a hassle-free task and comes with increased uncertainty on cost and timing.

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Why email makes accountants’ lives difficult: Collaboration

Lockstep

Email as the central communication tool for businesses is likely here to stay, but man, oh man is it broken. Accounting teams depend on email to communicate internally with their teams, and externally with customers, sometimes managing four or more inboxes at a time. Managing today’s accounting email inboxes with limited collaboration capabilities means teams are using Slack, Teams, productivity tools, phone calls, IMs, and smoke signals to close the books.

Account 52
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Business Meals Are Deductible at 100%: Until December 31, 2022

LSLCPAs

As part of the Taxpayer Certainty and Disaster Relief Act of 2020, the Treasury Department and the Internal Revenue Service enacted a temporary exception to the 50% limit on what businesses may deduct for food or beverages related to conducting business for federal purposes. The deduction for California business meals remains at 50%. This nine-page.

cpas 52
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Financial Decision Making Checklist

inDinero Tax Tips

Credit: Adeolu Eletu. Making financial decisions can be difficult. There are so many things to consider, and it’s easy to get overwhelmed. That’s why it’s important to have a financial decision making checklist. This will help you organize your thoughts and make the best decisions for your finances. In this blog post, we will discuss what should be on your financial decision making checklist and why it is important to have one!

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Which Side Are You On?

RitaKeller

“Being cool is when you win, you don’t get too happy; and when you lose, you don’t get too mad.” – Ice T. You have all read and heard about the great resignation. On one side, firms are losing people and on the other side, firms are attracting people. Be the “attractive” firm; the one where people want to work.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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7 Ways Your Accounting Services Team Can Improve Your Cost Management Strategy

IgniteSpot

Account 98
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What is profit and why is it important to your business?

Wellers Accounting

Ercan Demiralay FCCA , explains the concept of profit and why it is so essential to businesses.

Sales 52
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Financial Decision Making Checklist

inDinero Tax Tips

Credit: Adeolu Eletu Making financial decisions can be difficult. There are so many things to consider, and it’s easy to get overwhelmed. That’s why it’s important to have a financial decision making checklist. This will help you organize your thoughts and make the best decisions for your finances. In this blog post, we will discuss what should be on your financial decision making checklist and why it is important to have one!

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Improving the first impression of your online and website profiles

Mark Lee

I have never ‘swiped’ someone’s profile picture, as online dating didn’t exist when I met my wife in the 1980s. The whole concept of swiping is quite alien to me. I was curious though, so a while back, I asked a single friend to show me how the ‘swipe left’ and ‘swipe right’ business works. I realised immediately that this approach to finding a date is focused very strongly on the first impression given by online photos and the supporting ‘profile’ The same friend who showed me her d

Account 75
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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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SEC Alert: Enhancement and Standardization of Climate-Related Disclosures for Investors

Withum

On March 22, 2022, the U.S. Securities and Exchange Commission (SEC) released the long-anticipated proposed rule: The Enhancement and Standardization of Climate-Related Disclosures for Investors. The proposed rule has a 60-day comment period which ends May 20, 2022. . Summary of the Proposed Rules . The SEC will require registrants to disclose certain climate-related information, including information about climate-related risks that are reasonably likely to have material impacts on the busines