Tue.Jan 03, 2023

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

Accounting Today

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

Accounting Today

Tax 104
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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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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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MFJ taxpayers need to look out for this tax payment SNAFU

Accounting Today

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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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Small business wage growth slipped in December

Accounting Today

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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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.

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Accountants must transform from number crunchers to trusted advisors

Accounting Today

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

Accounting Today

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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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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In the blogs: At least fascinating

Accounting Today

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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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