CPA Practice

NOVEMBER 16, 2023

Today, ensuring your firm delivers exceptional value and effectively captures that value through appropriate pricing is crucial. Traditional approaches to scoping and pricing jobs have often been fragmented and inconsistent. Partners and managers handle their own pricing on a client-by-client basis and often end up undercharging. The same client might get a quote from two offices for the same service priced drastically differently depending on who they call.

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TaxConnex

NOVEMBER 16, 2023

At TaxConnex, we work with telecommunications service providers  of all sizes.  Many are existing MSPs (Managed Service Providers) or IT management companies that would like to expand their service offering and become “stickier” with their clients. They may have infrastructure in place to support the sales tax requirements of their existing business, but the telecommunications service presents a different set of issues.

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CPA Practice

NOVEMBER 16, 2023

By Katelyn Washington, Kiplinger Consumer News Service (TNS) The federal estate tax exemption amount is going up again for 2024. A higher exemption means more estates may be exempt from the federal tax, which can save heirs from a hefty tax bill. The amount is inflation-adjusted by the IRS each year. So, while the increase probably isn’t a surprise, it’s still a big deal for many wealthy taxpayers.

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Accounting Today

NOVEMBER 16, 2023

Plus, Google wants you to ditch passwords, and eight other things that happened in technology this past month and how they'll impact your clients and your firm.

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Companies are increasingly choosing to automate their month-end close process, hoping to get rid of manual activities, save time, and get control of the close. By allowing technology to take the wheel, finance leaders can streamline and optimize the close, leading to greater accuracy, reduced risk, and improved efficiency. This being said, it can still be difficult to find the best month-end close solution for your team.

Finance

Withum

NOVEMBER 16, 2023

In this two part video series, Withum Partner and E-Commerce Practice Co-Leader, Lonnie Bloom , sits down with Nacelle’s Brian Anderson to discuss the latest challenges faced by e-commerce companies. Exploring E-Commerce Challenges and Opportunities – Part 1 In Part 1 of this interview, Withum Partner and E-Commerce Practice Co-Leader, Lonnie Bloom , sits down with Nacelle’s Founder and CEO, Brian Anderson , to discuss the challenges faced by e-commerce companies, including the impact of p

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CPA Practice

NOVEMBER 16, 2023

Chris Marquette CQ-Roll Call (TNS) The House Ethics Committee found substantial evidence that Rep. George Santos committed additional violations of criminal law, including misreporting loans from the 2020 campaign and other reporting violations, according to a report released Thursday. Ethics Chairman Michael Guest said after the committee’s report was released that he would file a motion on Friday to expel Santos, R-N.Y., from the House.

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Going Concern

NOVEMBER 16, 2023

The Financial Education & Research Foundation (FERF) has released the findings of its 14th Annual Public Company Audit Fee Study , sponsored by Center for Audit Quality. The FERF 2022 Public Company Audit Fee Study Report examines audit fees companies paid to external auditors for auditing and related services for the period between June 2022 and May 2023.

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Insightful Accountant

NOVEMBER 16, 2023

Navigating DCAA compliance can be daunting for contractors. Misinformation and myths add to the confusion. In this article, we debunk common myths about DCAA compliant timekeeping.

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Withum

NOVEMBER 16, 2023

Withum is proud to announce that the AICPA has named Trevor Shaw , CPA, ABV, CFF, as a 2023 FVS Standing Ovation Award recipient. The Standing Ovation Program honors successful young professionals with FVS-specified credentials, including Financial Forensics (CFF) and Accredited in Business Valuation (ABV®) and their unique contributions to the field.

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Insightful Accountant

NOVEMBER 16, 2023

New Sage Intacct release extends capabilities to consolidate financials for complex ownership structures, improve project management, integrate ministry financials, improve 1099 e-filing and respond to governance expectations

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"Offer payroll and do it yourself,” they said. “It’ll be fun!” Spoiler alert: It was not fun. Most CPA firms know that they need to offer payroll services to their clients or risk losing them to another firm that will. However, many don’t really want to. It is often time-consuming and complex due to changing tax laws and regulations, and with the growing staffing shortages, most just don’t have the resources.

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Accounting Today

NOVEMBER 16, 2023

Truncale most recently was the regional managing partner for EY's financial services organization in the Americas, which includes 14,000 professionals.

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Insightful Accountant

NOVEMBER 16, 2023

Intuit is "All In With ProAdvisors", so 'New' ProAdvisor training and certifications have just been released. Intuit will offer a QuickBooks Training and Certification Bootcamp in early December.

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CTP

NOVEMBER 16, 2023

The accounting landscape is changing rapidly. CPAs and EAs are rethinking their strategies for practice management while moving from compliance to advisory services. As firms look to provide more value to clients, many have introduced Client Advisory Services (CAS). It is one of the fastest growing segments in the profession. The American Institute of Certified Tax Planners (AICTP) offers a full-service solution to developing CAS in your firm focusing on the specialization of tax planning.

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CPA Practice

NOVEMBER 16, 2023

Sage, a maker of accounting, financial, HR and payroll technology for small and mid-sized businesses, has added new product updates in Sage Intacct for increased automation, deeper insights, and even stronger compliance. These significant advancements will provide increased productivity, insightful data and streamlined business processes for customers.

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Advertiser: Paycor

These calendars provide pay period dates and paydays for biweekly, semi-monthly, and monthly payroll in 2024. Use them as a reminder or share with employees so they can celebrate payday.

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Accounting Today

NOVEMBER 16, 2023

The ultra-wealthy are using charitable giving vehicles to avoid taxes and exert influence, at the expense of ordinary taxpayers.

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MineralTree

NOVEMBER 16, 2023

Conducting a cash flow analysis is an integral part of running a business — dedicating time to this process can mean the difference between barely surviving and thriving. However a cash flow analysis is only as valuable as your ability to understand and interpret the results. By assessing your cash inflows and outflows, you can gain valuable insights into your organization’s financial health, helping you make informed decisions to sustain and scale your operations.

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Accounting Today

NOVEMBER 16, 2023

The board voted to approve a new budget for fiscal 2024 and revealed it surpassed last year's record amount of fines.

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Cherry Bekaert

NOVEMBER 16, 2023

Contributor: Tony Konkol, Manager | State & Local Tax Hawaii On October 31, 2023, the Hawaii Department of Taxation issued Tax Information Release (TIR) No. 2023-03 , which provides revised guidance and notice of proposed temporary administrative rules for the state’s Pass-Through Entity (PTE) Tax, replacing and superseding Tax Information Release No. 2023-01 , which was published on July 21, 2023.

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

How do you know if your accounting team is ready to automate the month-end close? Join us in this informative webinar, where we share the top 8 signs that indicate that a team has outgrown all existing tools and may be ready to embark upon month-end close automation. We will examine the process clues that help determine whether your team would be a good candidate for automation.

account

AccountingDepartment

NOVEMBER 16, 2023

The government contracting sector is highly regulated and requires strict compliance with Defense Contract Audit Agency (DCAA) regulations. With ever-evolving regulations and a complex accounting system to manage, the government contract (GovCon) industry has a steep learning curve for small and medium-sized contractors.

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account accountant accounted Technology 81

SkagitCountyTaxServices

NOVEMBER 16, 2023

End-of-year can be a bit of a scramble as a business owner. So, b efore we get into holiday craziness, a friendly reminder : year-end is also your prime Skagit Countyopportunity to make the calendar work in your favor as a business. From year-end profitability analysis to staff bonuses to marketing initiatives to capture year-end spending … do not neglect your remaining window of opportunity.

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Accounting Today

NOVEMBER 16, 2023

Shell of a way to work; RICO rip-off; fun with refunds; and other highlights of recent tax cases.

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GrowthForceBlog

NOVEMBER 16, 2023

7 min read Most often, a business’s financial strategies consists of covering costs, staying open, and sustainably turning a profit.

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On August 30, 2023, the DOL unveiled a proposed overtime rule that would raise the weekly salary threshold under the Federal Labor Standards Act. Paycor is closely monitoring the proposal and will provide updates as new information becomes available.

Accounting Today

NOVEMBER 16, 2023

Jason Drake will be taking the helm next July and hopes to grow it into a $2 billion firm.

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CPA Practice

NOVEMBER 16, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss Clockwork , an intelligent financial advisory tool that allows firms to connect clients to their AI-powered account in literal minutes and enjoy CFO-level insights with unlimited world-class support. Use the podcast player below to listen. Transcript (Note: There may be typos due to automated transcription errors.

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Accounting Today

NOVEMBER 16, 2023

Financial advisors and tax professionals working with entrepreneurs and potential startup investors should consider an often-overlooked exemption, experts say.

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tax 85

Withum

NOVEMBER 16, 2023

After a decade of budget cuts and watching audit rates of wealthy taxpayers decline due to fiscal constraints, the IRS announced earlier this year its plans to establish a special unit to focus on large or complex pass-through entities. IRS Commissioner Daniel Werfel says the goal is to “disrupt efforts by certain large partnerships to use pass-throughs to intentionally shield income to avoid paying the taxes they owe,” and to “end the era of historically low error rates for we

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Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

Finance

Going Concern

NOVEMBER 16, 2023

Looking to staff up for a season or hire a freelancer for a project? Accountingfly is ready to partner with you! Gain full access to a pool of highly skilled and experienced remote freelance accountants ready to join your team with with no up-front cost. We are sharing a sneak peek of a few top freelance accounting candidates available this week with Accountingfly.

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Accounting Today

NOVEMBER 16, 2023

A recent survey has found internal auditors are optimistic about the economy and about the availability of talent going into 2024 despite ongoing risks in both areas.

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auditor audit Technology 64

CPA Practice

NOVEMBER 16, 2023

With the tax landscape continually evolving, Marcum LLP has released its 2023 Year-End Tax Guide. The guide features a detailed analysis of the current tax environment and spans more than 135 pages. Marcum’s tax team constructs its annual guides to help businesses and individuals navigate the latest changes to tax rules and regulations and support strategic financial planning through the year-end and beyond.

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Accounting Today

NOVEMBER 16, 2023

Nepsis, a Minneapolis-based financial advisory and investment management firm, has acquired Sevenich, Butler, Gerlach, & Brazil, a tax, accounting and consulting firm in Saint Paul, Minnesota.

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Advertiser: Paycor

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