Going Concern

OCTOBER 5, 2023

Every accounting firm struggles with project management, with smaller practices that are rapidly expanding taking the brunt of the damage. As your firm adds new clients, takes on more work, and hires additional employees, old-school project management processes can quickly become obsolete. However, all is not lost! There are proven strategies that can guide your project management toward efficiency and success—although, it took some serious digging for us to find them.

accounting firms 117

accounting firms Account accountant accounted 117

BurklandAssociates

OCTOBER 5, 2023

New industry research, planning templates, eBooks, podcasts, and articles to help SaaS startups plan and scale their financial operations. The post SaaS Finance Toolkit Updates for 2023 appeared first on Burkland.

Finance 130

Finance 130

CPA Practice

OCTOBER 5, 2023

The Illinois CPA Society (ICPAS), in partnership with the Center for Accounting Transformation (the Center) and a coalition of other stakeholders, is launching a new, national survey to gain fresh insight into what’s driving the decline in individuals pursuing the certified public accountant (CPA) credential. This survey will expand the reach of the one ICPAS deployed in fall 2020, allowing for direct comparisons against previous findings, which were published in the 2021 Insight Special Feature

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CPA Rhode Island cpas Montana 119

Accounting Today

OCTOBER 5, 2023

The Internal Revenue Service has been working hard to implement the dozens of tax provisions contained in last year's Inflation Reduction Act, according to a new report.

Tax 122

Tax 122

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.

Account

Cherry Bekaert

OCTOBER 5, 2023

Accounting , fondly known as the ‘language of business,’ tells the story of how a business is performing. It is one of the oldest-known professions dating as far back as 3500 BC, when the ancient Sumerians charged royal scribes with performing record-keeping duties. (1) Fast-forward to present day and the fundamental concepts performed by modern bookkeepers and accountants remain, but functionality and performance look vastly different in the age of all things digital.

Real Estate 115

Real Estate Account accountant accounted 115

Accounting Today

OCTOBER 5, 2023

The service is cautioning taxpayers against claiming exaggerated deductions for purported donations of artwork, as it sees a rise in such schemes.

Tax 123

Tax 123

CPA Practice

OCTOBER 5, 2023

By Evan T. Beach, EA, CFP, AWMA, Kiplinger Consumer News Service (TNS) For me, the dread of tax season truly arrives when I start receiving 1099s, W-2s, 1098s, etc., in February. It’s time to gather everything, fill out a painful spreadsheet and write a check to my CPA. The fourth quarter, on the other hand, is fun. This is when you can be strategic.

Tax 111

Tax income tax tax planning accounting and finance 111

Cherry Bekaert

OCTOBER 5, 2023

Efficiencies can come in the form of cost-saving, process streamlining , and resource allocation, which act as a catalyst for innovation by freeing up resources, enhancing collaboration, fostering a culture of continuous improvement, and allowing for calculated risks in creativity and experimentation. Listen as Jim Holman and Steve Holliday provide real-world examples from leading technology companies to further illustrate how these principles have been successfully applied to drive innovat

Technology 111

Technology 111

Accounting Today

OCTOBER 5, 2023

Among the items now stalled are a measure to extend federal banking protections to marijuana companies operating in states where the drug is legal and negotiations to restore tax breaks for business spending on research and development.

Tax 110

Tax Legal Finance 110

Going Concern

OCTOBER 5, 2023

It’s not even worth coming up with a smarmy clickbait headline for this press release Avalara put out yesterday , it’s perfect just the way it is: Avalara Survey Finds Majority of CFOs Face Significant Talent Shortage and Burnout of Existing Staff in the United States and United Kingdom Fun! Key findings from the survey of 307 full-time CFOs in the US and UK: CFOs both sides of the pond are facing a talent crisis 8 in 10 (81%) US and UK CFOs report a talent shortage in accounting rol

corporation tax 109

corporation tax accounting and finance Finance Tax 109

Advertiser: Paycor

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.

CPA Practice

OCTOBER 5, 2023

The IRS is slashing the costs for paid tax return preparers to renew their preparer tax identification numbers (PTINs) in 2024 by nearly 36%, after a court ruled earlier this year that the agency had previously overcharged tax professionals to obtain a valid PTIN. According to interim final regulations released by the IRS on Sept. 29, the application and renewal fee will be $11 per user, plus an $8.75 fee paid to a third-party contractor, for a total of $19.75—down from $30.75 for PTIN renewals

tax preparation 105

tax preparation tax return Tax 105

Ronika Khanna CPA,CA

OCTOBER 5, 2023

The self-employed lifestyle holds great promise when you first start being self employed , however you quickly find yourself doing things that you would never have dreamed of. You are expected to take on role of salesperson, market researcher, accountant, lawyer and social media expert , while not getting paid for any of it. Your available funds do not allow for outsourcing and at times you are not even aware of what you don’t know.

Tax 98

Tax tax return accounting and finance accounting software 98

CPA Practice

OCTOBER 5, 2023

Jessica, an accountant, sits across from her long-term client, Mrs. Jackson. She’s visibly distressed about the recent changes in tax regulations, feeling overwhelmed. Instead of jumping directly to numbers and solutions, Jessica takes a moment, maintains eye contact, and calmly says, “I understand why this is worrisome. Let’s navigate this together.

Account 97

Account accountant accounted Non-Profits 97

Withum

OCTOBER 5, 2023

Explore Other Episodes #CivicWarriors #WithumImpact The post Corporate Giving With the PSEG Foundation appeared first on Withum.

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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.

Insightful Accountant

OCTOBER 5, 2023

Murph delivers the first part of a series on BatchMaster software for use with QuickBooks, which can bring your products to market faster and cheaper, while reducing overall costs and complying with your industry’s regulatory mandates.

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quickbooks 91

AccountingDepartment

OCTOBER 5, 2023

Our second Entrepreneurs' Organization (EO) event of the year, EO XCentric, took place in Detroit this week and ADC's Shawn Marcum, fresh off of EO Alchemy, set out to rock Detroit and spend some time with all of the great event attendees.

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91

Insightful Accountant

OCTOBER 5, 2023

The new financial operations platform for SMBs integrates category-leading solutions across accounts payable (AP), accounts receivable (AR), and spend and expense management.

Account 91

Account accountant accounted accounts payable 91

GrowthForceBlog

OCTOBER 5, 2023

9 min read Market companies. Within this middle ground of the market, businesses are often growing and changing quickly, and this can cause growing pains for businesses that result in operational challenges, expenses that balloon out of control, and shrinking profit margins.

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Account accountant accounted bookkeeping 88

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

Technology

Accounting Today

OCTOBER 5, 2023

Depend on nothing; love, law and the slammer; financial whizzes; and other highlights of recent tax cases.

Tax 110

Tax tax preparation 110

SkagitCountyTaxServices

OCTOBER 5, 2023

Profit is the lifeblood of any organization. Show me a small business with PROFIT at its center, and I’ll show you something worth modeling yourself after. An organization NOT to model yourself after: the federal government. They prefer to operate in deficit mode, narrowly avoiding yet another shutdown this weekend with a temporary funding bill that expires around Thanksgiving.

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payroll Tax CPA Account 78

MineralTree

OCTOBER 5, 2023

The end of month close process plays a vital role in ensuring the accuracy, integrity, and transparency of financial records for businesses of all sizes. Making this monthly ritual effective and efficient can mean the difference between informed decision-making and costly errors. Read on to learn the benefits of streamlining and optimizing the accounts payable month-end close process, including information on best practices and the role of automation in achieving operational excellence.

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AP Automation accounts payable AP Processes accounting and finance 76

CPA Practice

OCTOBER 5, 2023

The IRS on Thursday cautioned taxpayers—particularly high-income filers—to stay alert for scams involving exaggerated art donation deductions. In these scams, promoters use direct solicitation to persuade wealthy taxpayers to purchase art, wait to donate the art, and then take a phony deduction for the donated art. The IRS warned that these promoters are promising values of art that are too good to be true.

Tax 69

Tax income tax 69

Advertiser: Paycor

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.

Accounting Today

OCTOBER 5, 2023

The TE/GE Division didn't provide satisfactory answers to many of the questions it received from taxpayers, according to a new report.

Tax 71

Tax Non-Profits 71

Withum

OCTOBER 5, 2023

The U.S. Department of the Treasury, in conjunction with the Internal Revenue Service (IRS), has unveiled new proposed regulations targeted at providing clarity in the rapidly expanding domain of digital assets 1. A summary of the proposed regulation is as follows: Broker Reporting: Beginning January 1, 2025, brokers, including digital trading platforms, payment processors, and specific hosted wallet providers, will be mandated to report sales and exchanges of digital assets using the newly inst

Real Estate 59

Real Estate tax return Tax Maine 59

Accounting Today

OCTOBER 5, 2023

The move comes as firms try to widen the pipeline of young people entering the accounting profession, especially from diverse backgrounds.

Account 71

Account accountant accounted Education 71

CPA Practice

OCTOBER 5, 2023

By Matt Sheridan. Today’s accounting firms are facing many industry challenges, including a major labor and talent shortage. Many firms have been struggling to find qualified workers since early 2020 as many baby boomers retired and pre-existing shortages were accelerated by the Covid-19 pandemic. It is estimated that nearly 300,000 professionals have left the industry for retirement or other roles in finance and technology.

bookkeeping 59

bookkeeping payroll accounting and finance tax return 59

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Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions. Our whitepaper reveals seven must-know facts about instant payments, offering to help you navigate this financial revolution effectively.

Finance

Withum

OCTOBER 5, 2023

The MSO-PC model, also known as the “Friendly PC model,” has been gaining popularity in recent years as the digital health, telehealth, and healthtech industry in general has been exploding in the post-COVID era. This model has been essential to growing virtual health businesses that need to remain in compliance with the Corporate Practice of Medicine (CPOM) laws; however, there are several legal and tax considerations to be aware of when considering whether to file a consolidated fe

income tax 59

income tax tax return Tax Legal 59

CPA Practice

OCTOBER 5, 2023

The American Institute of CPAs (AICPA) Foundation has granted fellowships to 25 minority doctoral students as part of the AICPA Fellowship for Minority Doctoral Students. This initiative aims to enhance racial and ethnic diversity and inclusivity among accounting educators in colleges and universities. “Diversity in the accounting profession is not just about representing different faces and backgrounds; it’s about embracing a multitude of perspectives and experiences,” says Mike Decker, Vice Pr

Georgia 59

Georgia Texas South Carolina Virginia 59

Insightful Accountant

OCTOBER 5, 2023

The 'Future Forward 2023 Rewind' is back with a look at the latest tools and related services to help transform your business. DataHead Solutions' Pete Audenas takes center stage.

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52

Patriot Software

OCTOBER 5, 2023

Patriot Software, A leading provider of cloud-based accounting software and payroll software for American businesses, has been given the Editor’s Choice™ Award for payroll and accounting solutions distinction from CardRates, a respected online resource for financial news and reviews.

payroll 52

payroll accounting software Account accountant 52

Advertisement

"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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