Tue.Jan 03, 2023

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Inside the IRS's guidance on the excise tax on stock repurchases

Accounting Today

Tax 52
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Economic nexus overview - all states with sales tax now active

TaxConnex

Next summer will mark five years since the Supreme Court ignited economic sales tax nexus with the South Dakota v. Wayfair, Inc et al decision. Many businesses are still trying to figure out how to manage the resulting obligations, but one thing’s clear: Now every state with a sales tax has economic nexus. Missouri becomes the last such state on Jan. 1, when it and its local jurisdictions will be able to collect a use tax from remote sellers who sell and deliver more than $100,000 in tangible go

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Tax Deadlines for Startups in 2023

BurklandAssociates

Tax deadlines for startups in 2023, including federal filing dates and key dates for San Francisco, New York, and Seattle. The post Tax Deadlines for Startups in 2023 appeared first on Burkland.

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Even People Who Majored in Accounting Don’t Want To Be Accountants

Going Concern

Pay extra close attention to accounting firm press releases this year, they will be packed with claims of record applicants, excess hiring, and huge numbers of incoming interns. Why? Firms have a vested interest in acting as if teams are fully staffed and everything is OK because were they to admit things are decidedly not OK clients will panic and cause the equivalent of a bank run on professional services.

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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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IRS updates guidance on R&D expensing after Congress fails to delay change

Accounting Today

Tax 111
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Top Ten Resolutions for Small Business Leaders & CEO's

GrowthForceBlog

8 min read. “Success is not final, failure is not fatal: it is the courage to continue that counts.”. - Winston Churchill. With the start of a new year, we often feel inspired to make it better than the year before. Key Takeaways. What Is A New Year's Resolution?: If you want your business to grow, or if you want to improve the performance and profitability of the people who work for you, challenge yourself to….

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QuickBooks Connect Sponsor Aware – SaaS Direct

Intuitive Accountant

Murph was so busy at 'QuickBooks Connect' that he hardly visited at length with lots of sponsors, even though he did more than 60, three-minute sponsor video-interviews. Still, he has a few sponsors he wants to make you aware.

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Apparently Staff at Deloitte UK Did Not Warm Up to the Firm’s Money-Saving Cold Office Policy

Going Concern

In what was a particularly dry day for news seeing as it was the first Monday of a new year and nothing ever happens in accounting anyway, yesterday’s Monday accounting news brief included a story ripped from BBC about Deloitte lowering the temps at its UK offices as policy. I shall endeavor to copy and paste that blurb again now. Energy costs have soared in the wake of Covid and the invasion of Ukraine.

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Small business wage growth slipped in December

Accounting Today

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What Can Outsourced Bookkeeping Services Do for My IT Company?

IgniteSpot

You’re spending too much time on the books. Whether you’re the owner or an executive, you have bigger fish to fry than getting dizzy over data entry all day. Pro bookkeepers can keep the books in order for your IT company.

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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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Accountants must transform from number crunchers to trusted advisors

Accounting Today

Account 96
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The Rise of Blockchain Games

Withum

When you hear the word blockchain , naturally, cryptocurrency comes to mind. Its decentralized approach keeps transactions uniform across the entire network, preventing tampering. However, developers are now finding ways to integrate blockchain technology within the games, bringing once-in-game-only currency to the real world. Typically, in-game currency held no value other than to the game in which it was earned.

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Employee Experience Propels Workplace Transformation in 2023

Intuitive Accountant

ADP experts share key themes driving the rapid evolution of HR technology.

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Discover a better work-life balance for auditors with the Cloud Audit Suite

ThomsonReuters

Too many of today’s auditors are stressed and overworked. Disparate systems, remote work environments , and staffing constraints are among the issues they must navigate, and without the right tools and resources in place, it can be difficult. Therefore, firms need to ensure that auditors can access the tools they need and achieve the greater work-life balance they desire should they wish to retain top talent. .

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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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MTL Payments Compliance Causing Big Change

Intuitive Accountant

Money Transmission License Payments Compliance requires Payment Receipts generated after Online Payment processing to be MTL compliant so they display MTL specific fields and disclosures. Murph explains.

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How Many Hours Do Business Owners Work? According to Studies, It’s a Lot

Patriot Software

Thinking about starting a business but worried about how busy you’ll be? Or, have you already started a business and are wondering how many hours you should be clocking in? Either way, knowing how much other business owners work may be helpful. So, how many hours do business owners work? Read on to learn averages […] Read More.

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M&A roundup: CLA, Withum, Marcum and GBQ expand

Accounting Today

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What is the Let Property Campaign (LPC)?

Menzies

Menzies LLP - A leading chartered accountancy firm. Almost 10 years ago HMRC launched a disclosure facility aimed at individuals who had received property income, in the UK or abroad, but had failed to disclose this in their tax returns. The Let Property Campaign (LPC) was designed to help landlords correct errors or omissions in their affairs on the best possible terms.

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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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What Is the Employee Retention Tax Credit and Who Can Apply for It?

inDinero Tax Tips

The purpose of the employee retention tax credit (ERC) was to encourage employers to keep employees on the payroll due to the effects of the coronavirus outbreak. Even if your business qualified for the Paycheck Protection Program (PPP) first or second draw loans, your business may still qualify for the employee retention tax credit. When it comes to the employee retention tax credit vs.

Tax 52
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Outdated Insurance Provider Directories Could Force Refunds for Out-of-Network Care

Anders CPA

The No Surprises Act aims to prevent patients from facing exorbitant and unexpected medical billing, but it’s also increased the administrative burden on health care providers and facilities due to insurance provider directory update requirements. As part of the law, health care providers or facilities who fail to reconcile these directories could be forced to refund patients who inadvertently selected out-of-network care due to inaccuracies in the provider directory and already paid their bill.

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How to dip your toes into the new generation of cloud payroll

Accounting Insight

Accountants don’t change software packages very often. Time is money, and switching systems takes time. Even if your current system is bloated, antiquated, and takes far more time than it should to configure for new pay runs or tax years, at least you know it, and know how much time you might need to do said configuration. New software might save you an extraordinary amount of time over a longer time horizon, but it could also be a giant waste of time.

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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

When starting a new venture, any small business owner needs to quickly learn many aspects of business management. You essentially become a jack of all trades – from sales, through customer care all the way to marketing. But the most important aspect of any business is accounting. All small business owners need to be familiar with basic accounting and bookkeeping, as it gives them a clear picture of the state of their finances, allows them to make informed business decisions, and lets them

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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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10 New Year Resolutions for Ambitious Accountants

Mark Lee

As 2023 dawns here are 10 New Year resolutions that I would encourage you to consider. Where possible you will also find links to earlier posts I have previously written about the topic. 1. Reducing the January rush. Although I want to blame my clients for ignoring my persistent requests I have had enough and will start planning now to avoid any problems ahead of next year’s deadline.

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What Is the Employee Retention Tax Credit and Who Can Apply for It?

inDinero Tax Tips

The purpose of the employee retention tax credit (ERC) was to encourage employers to keep employees on the payroll due to the effects of the coronavirus outbreak. Even if your business qualified for the Paycheck Protection Program (PPP) first or second draw loans, your business may still qualify for the employee retention tax credit. When it comes to the employee retention tax credit vs.

Tax 40
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In the blogs: At least fascinating

Accounting Today