Mon.Oct 17, 2022

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Understaffed? 5 tips for keeping your firm running smoothly

Accounting Today

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Cash Runway for Startups: How To Manage and Own

Withum

Gross margins, Profits, ARR, EBITDA – the list of financial metrics can go on and on. These metrics are all very helpful in the decision-making and analysis process in determining the trajectory and direction of a startup.Each metric is uniquely designed, and success can vary by industry. In times of economic uncertainty with increased interest rates and inflationary pressures, while these metrics are extremely helpful, the focus becomes increasingly clear – how much cash do we have and how long

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Who Pays Unemployment Tax?

Patriot Software

When an employee becomes unemployed, they might qualify to receive unemployment benefits. Unemployment benefits are funded by unemployment taxes, which are paid based on employee wages. But who pays unemployment tax? You or your employees? Types of unemployment taxes Before you can learn who pays unemployment taxes, you need to know about the two types […] READ MORE.

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High earners are flocking to low-tax states

Accounting Today

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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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Should You Consider Opening a Payroll Account for Your Small Business?

Patriot Software

Keeping track of your expenses is part of being a business owner. You probably heard it said that you need a separate business bank account in addition to your personal bank account. But, you might not be familiar with a payroll account. What is a payroll account, and should you consider opening one for your […] READ MORE.

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IRS warns against charity scams

Accounting Today

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Mastercard launches support for crypto trading

Accounting Today

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Roth 401(k) vs. Roth IRA: What Is the Difference?

Patriot Software

Are you thinking about offering retirement plans at your small business? There are a lot of retirement options to choose from. Two common retirement plans for employees are individual retirement arrangement/account (IRA) plans and 401(k) plans. Maybe you are considering establishing a Roth, or post-tax contribution, retirement plan. What is the difference between Roth IRA […] READ MORE.

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Art of Accounting: Importance of being or appearing calm

Accounting Today

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How to Increase Efficiency in Your Tax Planning Business

CTP

A key to business growth is finding ways to get more done with less effort. Small business owners are often juggling so many tasks that they struggle to stay focused on what is adding the most value to the business. In theory, you may know that you need to hire help, delegate tasks, and build out processes and automation to handle lower value work. However, when you’re staring down a massive to-do list, taking that first step can feel like scaling a mountain—where do you even start?

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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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What You Need to Know About a Conflict of Interest in the Workplace

Patriot Software

Many different issues can come up in business. At some point, there might be a conflict of interest in the workplace. To ensure business operations run smoothly, you have to take action and do what’s best for your company. What is an employee conflict of interest? A conflict of interest in the workplace is […] READ MORE.

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20 Days to a Better Firm: The best in recruiting and retention in 2022

Accounting Today

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Additional Announcements from Sage Transform 2022

Intuitive Accountant

'Sage Transform' was packed with people, technology and announcements with more to come from the technology leader.

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Equal Pay Laws by State

Patriot Software

There are many laws in the workplace that govern employers and employees. You need to be sure you are in compliance with federal and state laws at all times as a small business owner. One prominent issue today is equal pay between men and women. Federal law and equal pay laws by state aim to […] READ MORE.

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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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Study: Clients Usually More Responsive Than Coworkers

Intuitive Accountant

Industry research by Canopy finds massive need within the accounting industry to streamline internal firm communications.

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Types of IRA Accounts You Might Be Considering

Patriot Software

As a small business owner, you might be confused by all the different small business retirement plan options out there. One retirement option you can offer is an individual retirement arrangement, or account (IRA). There are several types of IRA accounts you could consider. Different types of IRA accounts An individual retirement arrangement is an […] READ MORE.

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Monday Morning Accounting News Brief: The Diversity-est Big 4 Firm; An EY Record; PCAOB Stream | 10.17.22

Going Concern

EY’s Manchester office hired the most students of all EY’s UK offices; the Manchester office recruited 104 new students, the firm recruited a record 1,473 students into its UK business this year (up 35% compared to 2021). 32 leading industry commentators, CEOs, CFOs and board members from across the world have contributed their views on the future of financial services for KPMG’s Voices on 2030: Financial Services reinvented report.

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How to Pay Yourself from Your Business

Patriot Software

You know by now that running your own business doesn’t mean you sit around as stacks of cash come flooding into your office. Being a business owner means being busy nonstop to keep up with operations. Since running a business is your full-time job, you need to know how to pay yourself from your business. […] READ MORE.

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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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The Frontier: Tech saves time, so why do accountants have less than ever?

Accounting Today

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Handling Employees Who Want to Waive Coverage from Health Insurance

Patriot Software

Health insurance is a great benefit to offer employees. According to the Bureau of Labor Statistics (BLS), 71% of all private industry businesses offer health benefits. But, what happens when employees want to opt out of employer health insurance? They waive coverage. When an employee wants to waive coverage, you need to know what to […] READ MORE.

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Hartman: RPA can unite systems

Accounting Today

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10 Great Ways to Motivate Employees

Patriot Software

You’re motivated about your business. You came up with the idea, started the company, made sales, and set small business milestones for the future. You have that passionate fire to keep your business alive and prospering. Your employees, on the other hand, might not have that same passion. Your employees might simply show up because […] READ MORE.

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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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Accounting firm automation: Elevation over elimination

Accounting Today

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What Is an ITIN?

Patriot Software

For identification and tax reporting purposes, both employers and workers need Taxpayer Identification Numbers (TINs). These numbers let the IRS identify you when you fulfill your reporting and filing requirements. One Taxpayer Identification Number you should know about is the ITIN. What is an ITIN? Types of Taxpayer Identification Numbers There are several types of […] READ MORE.

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A New Zealand Accountant Took Client Retention to a Whole Other, Insane Level

Going Concern

Stuff reports that an as yet unnamed New Zealand accountant is now in trouble with the country’s accountancy body for allegedly harassing clients with debt collectors after the clients tried to sever their relationship, manufacturing invoices for services that were never received, altering tax documents, and spreading rumors about rival accountants getting it on with clients.

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What Are ACH Payments? How Can You Use Them For Payroll?

Patriot Software

You might already be familiar with ACH payments, but you might not know it because of the unfamiliar terms. Find out what ACH means and how you can use the payments with your payroll. What is ACH? ACH is an electronic funds transfer system that moves money between bank accounts. There is an ACH withdrawal […] READ MORE.

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How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.

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7 New Production Linked Incentive (PLI) Scheme | Micro Small and Medium Enterprises (MSMEs) are real beneficiaries

VJM Global

Production Linked Incentive (PLI) Schemes are benefits provided by the government to manufacturing industries based on their production to promote manufacturing in India. Till now the government has spent thousands of crores of rupees under the PLI scheme offered for different sectors such as the Telecom Industry, Textile industry, etc. Benefits can be provided in form of grants, subsidies, tax holidays, etc.

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Everything You Should Know About Outsourcing Payroll to Online Software

Patriot Software

Your small business has many options to run payroll. You could run payroll yourself or you can outsource it. Outsourcing payroll to a payroll software can be a great benefit for your business. What does it mean to outsource to online payroll software? Online payroll software is a program you can use to run your […] READ MORE.

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Don’t Miss Out on Year-Round Value from Your Tax Advisor

Intuitive Accountant

The Bonadio Group's Cheryl Prout discusses why bringing your expertise in for guidance at the start of your clients' financial decisions can help ensure success.

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Is a PEO Worth the Cost for Your Business?

Patriot Software

You might have heard about PEOs and wondered what they could do for your small business. They offer a lot of benefits, but they come at a price. What is a PEO? Is it a good option for your business, or is there a better option out there? What is a PEO? PEO is the […] READ MORE.

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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.