Accounting Today

SEPTEMBER 8, 2022

Account 87

Account accountant accounted 87

TaxConnex

SEPTEMBER 8, 2022

Businesses who sell over the internet must pay a lot of attention to far-flung economic tax thresholds – all states with a state wide sales tax and more than a few localities enforce them now – so it’s easy to overlook a more-obvious tripwire like physical presence. The Sales Tax Institute claims that one of the biggest misconceptions in the wake of the Supreme Court’s Wayfair decision is tax-collection requirements triggered by physical nexus (aka “physical presence”) no longer apply.

Tax 222

Tax Sales Legal South Dakota 222

VetCPA

SEPTEMBER 8, 2022

Small businesses make accounting errors and oversights regularly. Here, we cover five of the most common small business accounting mistakes. Read on to see if you’re making any of these mistakes and how to avoid them in the future. 1. You don’t take bookkeeping as seriously as you should. Recording everything is an excellent rule to follow for bookkeeping and accounting for a small business.

small business accounting 130

small business accounting business accounting bookkeeping Account 130

Withum

SEPTEMBER 8, 2022

Audited financial statements are a cornerstone of the financial markets. They are used to assist in raising money or obtaining loans. Without some form of independent assurance, capital acquisition would be delayed, made more cumbersome, and there would be added due diligence costs. Tonight I will conduct my second Auditing class session of this semester at Fairleigh Dickinson University, and I will be teaching what the auditor’s opinion means and what auditors do to arrive at their opinion.

accounting principles 119

accounting principles auditor audit financial statements 119

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.

Going Concern

SEPTEMBER 8, 2022

If you thought the AICPA’s only job is gatekeeping the CPA exam and selling you insurance offers you are WRONG. They also write strongly-worded letters, sometimes on behalf of our nation’s CPAs or, as in the case of this latest letter, on behalf of American taxpayers. Let’s see what they’ve been up to. From the news release : The American Institute of CPAs (AICPA) submitted comments to the Department of the Treasury and the Internal Revenue Service (IRS) requesting update

cpas 101

cpas CPA Tax Account 101

ThomsonReuters

SEPTEMBER 8, 2022

QUESTION: One of our DCAP participants has submitted a reimbursement claim that includes a $20 “late fee.” This charge is in addition to the regular monthly day-care fee for the participant’s child and appears as a separate entry on the statement from the day-care center with no further explanation. Can we reimburse it? ANSWER: It depends on what the charge is for.

Tax 98

Tax Account accountant accounted 98

Going Concern

SEPTEMBER 8, 2022

This morning turned out to be a pretty big Big 4 news day. First, we had EY ’s top brass approving splitting its auditing and consulting businesses (no surprise here). Then we had Deloitte announcing its global revenue for 2022 —and it’s a record amount (no surprise here either). The Green Dot pulled in $59.3 billion in revenue for the financial year ending May 31, an 18.1% increase over 2021 ’s haul of $50.2 billion.

audit 87

audit Legal accounting firms Government 87

AccountingDepartment

SEPTEMBER 8, 2022

Operating a business comes with many demands. Whether you are a smaller start-up or an established medium-sized business, many sides of the business need to be successfully addressed. Things like bill payments, employee management, and long-term growth are just some of these things that a business owner needs to have a handle on.

Account 86

Account accountant accounted Start-ups 86

Xero

SEPTEMBER 8, 2022

Today, we wrapped up Xerocon Sydney, the third and final Xerocon for this year. Over the last two days we have come together with over 3,000 of our Aussie, Kiwi and Asia-based accounting and bookkeeping partners, app partners and Xeros to get inspired, to learn and most importantly to reunite as a community. It’s been three years since our last Xerocon in this part of the world and we enjoyed every minute of being together again.

bookkeeping 74

bookkeeping Maine payroll Start-ups 74

AccountingDepartment

SEPTEMBER 8, 2022

While a company's Chief Financial Officer (CFO) and its controller both oversee and manage accounting processes for an organization, their roles are very different. Understanding the differences is important when you're considering outsourcing accounting services.

management accounting 77

management accounting management accounts Account accountant 77

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.

SkagitCountyTaxServices

SEPTEMBER 8, 2022

In today’s online-driven world, it’s no surprise that securing sensitive information is essential. Just like you cover your Skagit County business for other possible risks (property damage, theft, injury, etc.) so should you also be thinking of how to keep your business safe from virtual attacks. And lest you immediately think: But Steve – my business is completely different!

CPA 72

CPA Start-ups Legal Tax 72

Intuitive Accountant

SEPTEMBER 8, 2022

In the second story in her series on the messes left behind when people die, internationally renowned ProAdvisor Esther Friedberg Karp takes a deep dive into where the money goes—and why you should know.

87

87

GrowthForceBlog

SEPTEMBER 8, 2022

8 min read. The Great Resignation, The Big Quit, or the Great Reshuffle- whatever you choose to call it- continues to roll.

73

73

Intuitive Accountant

SEPTEMBER 8, 2022

The 'Insightful Accountant Payroll Survey' takes aim at showing how today's firms are leveraging the service in their practices.

payroll 92

payroll Account accountant accounted 92

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

Going Concern

SEPTEMBER 8, 2022

The Wall Street Journal is reporting that the EY split is moving forward thanks in part to the big wigs getting together over the holiday weekend to hammer out the plan. Ernst & Young’s leaders are expected this week to give the green light to splitting its auditing and consulting businesses, paving the way for the biggest shake-up in the accounting profession in more than 20 years, according to people familiar with the matter.

audit 57

audit accounting and finance Start-ups accounting firms 57

Intuitive Accountant

SEPTEMBER 8, 2022

We're gearing up for our next Future Forward Summit taking place October 4-5. The focus is on Firm Security and Staffing. Register today!

75

75

Canopy Accounting

SEPTEMBER 8, 2022

Practice management is all about finding the most efficient ways to optimize and achieve your business goals. Effective practice management is the foundation of your accounting firm and can improve customer experience, employee satisfaction, improve productivity, and boost profitability. Nowadays, there are tools and software to help accounting firm’s accomplish these goals.

accounting firms 52

accounting firms Account accountant accounted 52

LSLCPAs

SEPTEMBER 8, 2022

Executive Summary The pandemic thrust LSL CPAs into a Working From Home staff situation much like the rest of the world, and our firm continues to work mainly in a remote environment. Now that we’ve had some time to reflect and sort through some initial challenges, we thought it might be a good time to. The post How We Made Work From Home Work for Us… And How You Can Too!

cpas 52

cpas Maine 52

Advertisement

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.

Technology

DMCL

SEPTEMBER 8, 2022

As part of Victoria’s Rifflandia music festival, Vancouver singer-songwriter and Side Door cofounder Dan Mangan will facilitate a City of Victoria Music Symposium titled Life on the Road: Touring Wellness. The event–which takes place on September 17 at 10 am at the Victoria Event Centre–will feature discussions with publicist Neesha Hothi of Neesh Communications, accountant Donna Branston of DMCL, recording artist Kandle, producer-performer-facilitator Francis Arevalo of Creat

Georgia 52

Georgia Account accountant accounted 52

Going Concern

SEPTEMBER 8, 2022

This announcement is the most exciting thing since…uh…yeah, I got nothing. Anyway, the EY split is official. The vote, that is. “EY leaders have reached the decision to move forward with partner votes to separate into two, distinct, multidisciplinary organizations. The next steps include ongoing engagement with partners to provide them with more information in advance of the voting process.

52

52

Patriot Software

SEPTEMBER 8, 2022

If you’ve ever sent an invoice to someone who planned to pay later, you’re probably using accrual accounting. It can be hard to keep track of finances when you’ve accrued payables and liabilities. But, using the matching principle can help you stay organized. The matching principle in accounting states that you must report expenses in […] READ MORE.

accrual accounting 52

accrual accounting Account accountant accounted 52

Withum

SEPTEMBER 8, 2022

Selling a closely held business isn’t significantly different from selling publicly traded stocks – you never want to exit at a low, if it can be avoided – but are you sure you’re exiting near the high? Due to unforeseen fallout from the COVID-19 pandemic, many industries contemplating “end of days” scenarios two years ago are operating at all-time high profitability levels.

Sales 52

Sales 52

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.

ThomsonReuters

SEPTEMBER 8, 2022

HHS Resolution Agreement: New England Dermatology, P.C. (July 26, 2022); HHS News Release (Aug. 23, 2022). Available at [link]. HHS’s Office for Civil Rights (OCR) has announced a $300,640 settlement with a medical facility (a HIPAA covered entity) to resolve alleged violations of the HIPAA privacy rule. OCR began its investigation after the facility filed a breach notification report stating that empty specimen containers labeled with protected health information (PHI) had been placed in a dum

Tax 52

Tax Account accountant accounted 52

Intuitive Accountant

SEPTEMBER 8, 2022

Vehicle mileage tracking isn't new to QuickBooks Desktop, but the way in which we will track it will be is for 2023. There is an all new mobile app and feature desktop.

quickbooks 52

quickbooks 52

ThomsonReuters

SEPTEMBER 8, 2022

e-NMSN—Answers to Employers’ Questions (Aug. 2, 2022). Available at [link]. The HHS Office of Child Support Enforcement (OCSE) has posted frequently asked questions about e-NMSN—a free, voluntary system for the electronic exchange of National Medical Support Notices (NMSNs) between state child support agencies and employers, plan administrators, TPAs, and unions.

Tax 52

Tax Account accountant accounted 52

Accounting Today

SEPTEMBER 8, 2022

cost accounting 102

cost accounting Account accountant accounted 102

Advertisement

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

Intuitive Accountant

SEPTEMBER 8, 2022

You can secure a SuiteWorld On Air Discover Pass for Free. Learn how.

77

77

Accounting Today

SEPTEMBER 8, 2022

audit 98

audit Account accountant accounted 98

Xero

SEPTEMBER 8, 2022

When it comes to understanding practical opportunities for up and coming decentralised technologies like blockchain, cryptocurrencies and smart contracts – there’s a lot to take in. Add in the potential challenges that businesses might have incorporating these offerings in the future, it’s no surprise that there are more questions than answers among our community.

Technology 96

Technology accounting and finance bookkeeping audit 96

Accounting Today

SEPTEMBER 8, 2022

accounting standards 98

accounting standards Account accountant accounted 98

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.

cpa firm