Wed.Sep 07, 2022

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Do You Regret Quitting Your Job During the Great Resignation?

Going Concern

We ’ve written about the Great Resignation ad nauseam over the past two years, but one topic we really haven ’t talked about is Great Resignation regrets, or the Great Regret. The grass hasn ’t been greener for many people who quit their jobs recently, like this senior associate: There ’s actually quite a few people in similar situations. The job-search portal Joblist surveyed 628 of the 47.4 million Americans who voluntarily quit their jobs last year, and of those 628 people, 26% say they regre

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How to Level Up Your Accounting Firm in 8 Easy Steps | Canopy

Canopy Accounting

You’ve got the employees, skills, and clients in place to run a great accounting practice. But even the best team fails to operate at its fullest potential if the right systems aren’t in place. Efficiency plays a crucial role in any successful business, and your practice is no exception. Take a look at these eight components of a well-managed accounting firm.

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Do You Need to File Form 940? If So, Here’s How

Patriot Software

Did you employ workers at your small business this year? When you have employees, you need to handle employment taxes, like federal unemployment (FUTA) taxes. For each employee you have, you must pay a percentage of their wages for federal unemployment taxes, deposit the tax with the IRS, and report your tax liability on Form […] READ MORE.

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Cash flow crunch: The red flags impacting small business cash flow

Xero

It’s so fantastic to bring Xerocon back to Sydney. Having the opportunity to meet and connect with partners from Australia, New Zealand and Asia has been really great – and we’re only just getting started! I’m looking forward to two full days of keynotes, breakouts and partner sessions – and, of course, the Xerocon wrap party at Luna Park! . Today, I am thrilled to launch part two of our Xero Small Business Insights special report Crunch: Cash flow challenges facing small businesses.

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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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Accounting Insiders With Jonathan Bello

Intuitive Accountant

Jonathan Bello, the owner of One 8 Solutions and a Top 100 Award winner, joins Gary DeHart for the debut of Insightful Accountant's new podcast, Accounting Insiders!

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Short-term Disability vs. Long-term Disability

Patriot Software

As an employer, you recognize that your employees contribute to smooth business operations. What happens if an employee gets injured or ill and can’t work for an extended period of time? You and your employees need to know about short-term vs. long-term disability insurance. You can offer short-term and long-term disability insurance options for your […] READ MORE.

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More Trending

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1099 Forms and Independent Contractors: A Guide

xendoo

Whether you are running your own freelancing business or are looking to hire an independent contractor for your company, you’ve probably heard of a 1099 form. . There are many different types of 1099 forms. When it comes to independent contractors, you’ll typically deal with the 1099-NEC. In this article, we’ll go into the specifics of 1099 tax forms, the pros and cons of independent contractors, and what it all means comes tax season. .

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How to Conduct a Pay Audit

Patriot Software

Conducting regular pay audits can help you pay your employees fairly. Find out why you might conduct a pay audit and how to do so. Why you might conduct a pay audit A pay audit lets you identify pay disparities among your workers. Pay audits are becoming commonplace as the gender pay gap becomes more […] READ MORE.

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Your 4-step Plan to Creating Financial Literacy

Intuitive Accountant

AvidXchange's Cameron White explains why helping your teammates understand financial results is good for business, including tips to show you how.

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Rescue Your Business With a Payroll Audit

Patriot Software

Running payroll accurately is arguably one of your most critical employer responsibilities. But even if you use a reliable payroll processing system, there’s room for user error. You might input numbers incorrectly, forget to add an employee’s pay raise, or fail to remove a terminated employee from your payroll. To combat these potential problems, conduct […] READ MORE.

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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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Simplifying people processes in the changing world of work

Xero

Today, we launched our Changing world of work reports for Australia and New Zealand. Through this research, conducted in partnership with Lonergan Research, we found that managing employee processes is negatively impacting the mental health of almost half of Australian employers and more than a third of New Zealand employers. The reports shine a light on the workforce challenges that your clients face, the workplace experiences of their employees, and the critical role of technology in this chan

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FSA Dependent Care Helps Employees Help Their Loved Ones

Patriot Software

Thinking about offering additional benefits to your employees? A dependent care FSA can help employees with the expense of caring for their dependents while also reducing their tax liability. Employers can also reap plenty of benefits from offering FSA dependent care, including increased employee engagement and reduced stress. Read on to learn more about who’s […] READ MORE.

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Accounting Insiders With ADP's Rhonda Shurter

Intuitive Accountant

Gary DeHart and Rhonda Shurter discuss the rich offerings of ADP's updated Accountant Connect program.

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What to Know About Paid Leave of Absence

Patriot Software

As an employer, you may wonder why an employee would receive a paid leave of absence and how it will affect your business. It is your responsibility to understand the laws about leaves of absence. Continue reading to learn more about types of leave, laws restricting leave of absence, and what to do when an […] READ MORE.

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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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For a Brief Time This Past Weekend, a PwC Twitter Account Was Promoting Crypto Scams

Going Concern

PwC Venezuela’s Twitter account was hijacked over the weekend and started pumping out links to an obvious crypto scam involving (legit) Ripple and its CEO Brad Garlinghouse. The website the scam tweets linked to — xrpgivtoday — was registered on September 3, 2022. You’ve probably seen similar scams all over Twitter, usually involving Elon Musk or Jeff Bezos or some other tech giant figurehead who has suddenly decided to give away free crypto for no reason whatsoever becau

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Direct Deposit vs. Check: The Pros and Cons

Patriot Software

Employers can choose from a few types of payment methods to offer employees. One popular option is direct deposit. You can also pay employees with handwritten or printed paychecks. Before deciding what is the best option for your business, you should weigh the pros and cons of each. Learn more about direct deposit vs. check […] READ MORE.

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IRS continued to delay business tax refunds from pandemic

Accounting Today

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What Is the FLSA?

Patriot Software

When you become an employer, you can’t always play by your own rules. There are certain federal, as well as state and local, standards you must follow. The FLSA is one set of federal regulations you need to know about and comply with. What is the FLSA? What is the FLSA? The Fair Labor Standards […] READ MORE.

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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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September 2022 Summit CPA Employee Spotlight: Kristi Giese

Summit CPA

As a distributed company , not only do we serve our clients remotely, but our team members work remotely as well. We understand the accounting, bookkeeping, cash flow management, and tax nuances of running a distributed company. We pride ourselves on our ability to provide the highest quality Virtual CFO services while working remotely with (and for) our customers, and we couldn't do any of it without our amazing team.

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10 Types of Paid Time Off You Can Offer Employees

Patriot Software

Over 70% of employees have access to paid days off from work for sick or vacation time. Although these are common paid time off programs, sick and vacation days aren’t the only time off work you can offer. Get the scoop on different types of paid time off below. 10 Types of paid time off […] READ MORE.

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Tax lessons from Charlie Sheen

Accounting Today

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Why Is Payroll History Important to Your Business?

Patriot Software

Do you know what payroll history is? It’s important payroll information that can help you avoid errors and maintain your business records. Learn more about payroll history and why it’s important to your business. What is payroll history? Every time you run payroll, you create a record of each employee’s earnings, deductions, and taxes. Your […] READ MORE.

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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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IRS approving most NOL carryback claims with little vetting

Accounting Today

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What Is Bonus Pay?

Patriot Software

When you first start your business and hire employees, you might be worried about how you’ll make payroll each pay period. But once your business is firmly planted, you might be able to give more money to your employees. One thing you might want to offer employees is bonus pay. Curious about the other types […] READ MORE.

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Xero releases carbon footprint tracking app

Accounting Today

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Intuit QuickBooks Launches Contractor Payments to Serve 1099ers

Intuitive Accountant

The latest offering provides US-based businesses with a simple and fast way to pay their contractor workers.

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Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses

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.

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PwC partners with Monitaur to advance AI ethics

Accounting Today

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Product wrap from Xerocon Sydney 2022

Xero

Any way you slice it, the past two years have tested us all. None more so than you all — our valued accounting and bookkeeping partners — who have helped your clients navigate a digital acceleration and shift their business models to survive (and thrive). . Today at Xerocon Sydney , we were able to celebrate what we can achieve when we work together to support small businesses across Australia and New Zealand.

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Marcum and Friedman complete merger

Accounting Today

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Meet the Brand: Moneypenny

Accounting Insight

Next in the spotlight for our ‘Meet the Brand’ series is Moneypenny , a telephone answering and live chat provider. Catch up with Louise Wilson, before meeting her and the Moneypenny team at Accountex Summit Manchester in October! What do you do? My name is Louise Wilson, I’m Head of the Finance Sector at Moneypenny – the leading and most trusted provider of outsourced answering services.

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How CPA Firms Can Profit From Payroll Services Without the Extra Work

"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.