Cherry Bekaert

SEPTEMBER 12, 2023

Extended Catch-up Contributions SECURE Act 2.0 was signed into law in December 2022, bringing with it major changes that encourage employers to offer retirement plan benefits and incentivize employees to save for their future retirement. The rules for catch-up contributions for 401(k), 403(b) and 457(b) governmental plans were affected. Internal Revenue Service (IRS) has issued guidance that extends the new requirement that any catch-up contributions made by plan participants earning more than $

Tax 111

Tax Government 111

TaxConnex

SEPTEMBER 12, 2023

TaxConnex is excited to announce that we have launched a new app for Shopify users to easily pull data out of Shopify for a better returns filing process. The new app, eConnex, gives Shopify users a simple way to get their sales tax data out of Shopify and upload it into TaxConnex's  Client Connexion  for easy returns filing. As an outsourced sales tax department for businesses with a sales tax obligation, TaxConnex removes the burden of sales and use tax returns filing by completely managing it

tax return 147

tax return Sales Tax tax consultant 147

Accounting Today

SEPTEMBER 12, 2023

Are you wondering how artificial intelligence can revolutionize your accounting practice? We've got you covered.

Account 134

Account accountant accounted Technology 134

CPA Practice

SEPTEMBER 12, 2023

Big 4 accounting firm Deloitte and Bitwave, an enterprise accounting platform for digital assets, have announced a strategic alliance that brings together Bitwave’s software platform with Deloitte’s accounting, tax and governance, risk and controls advisory services, to help deliver speed and process efficiencies, cost savings and compliance enhancements to businesses that utilize digital assets.

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accounted Account accountant accounting principles 131

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.

accountant

Accounting Today

SEPTEMBER 12, 2023

Intuit plans to appeal a recent legal decision which ruled that the company cannot claim TurboTax, which it owns, is "free.

Legal 131

Legal Technology 131

CPA Practice

SEPTEMBER 12, 2023

By Paul S. Hamann. As many of us in the accounting profession have learned over the years, and especially in the current environment of talent scarcity, structuring a high-performing team in your firm is no easy feat. Whether you have worked to build an engaging and effective culture or not, your practice has a culture. I know from my experience in building companies over the years, each part of the culture-building process needs to be intentional if you want your culture to positively contribut

forensic accounting 124

forensic accounting accounting and finance cpas Healthcare 124

Going Concern

SEPTEMBER 12, 2023

The SEC’s rock-hard justice boner for Marcum continues, this time it’s charges against the firm’s former national assurance services leader for “causing widespread quality control deficiencies.” Or in casual parlance, “totally f **g up.” From today’s news release : The Securities and Exchange Commission today charged Alfonse Gregory Giugliano, CPA, the former National Assurance Services Leader at Marcum LLP, a public accounting firm, with failing t

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audit public accounting Management Consulting auditor 116

CPA Practice

SEPTEMBER 12, 2023

Many small business owners are having extra difficulty accessing the capital lending needed to operate and grow their businesses, especially as interest rates rise, and banks continue to tighten lending standards. The Federal Reserve’s Basel III Endgame proposal could complicate these matters more, some officials say. These are two of the key findings from Goldman Sachs 10,000 Small Businesses Voices survey of 1,556 small business owners.

Finance 116

Finance 116

Going Concern

SEPTEMBER 12, 2023

Retired accountant and generally angry dude David Forge has been kicked out of the Institute of Chartered Accountants in England and Wales (ICAEW) over several not nice emails he sent to a variety of people. Not clients, not fellow accountants, just unfortunate people caught in his cyclone of anger. An ICAEW member since 1981, he hasn’t held a license to practice since 2008.

institute of chartered accountants 116

institute of chartered accountants chartered accountant Account accountant 116

CPA Practice

SEPTEMBER 12, 2023

If you travel away from your tax home on business in your vehicle, you can deduct your gas and related expenses. However, you generally can’t write off the regular expenses of getting back and forth from work, even if you travel a long distance each day. The IRS considers this daily commute to be a nondeductible personal expense. Conversely, suppose you’re working on a project that takes you far away from home for several months.

Tax 115

Tax Maine income tax Account 115

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.

Finance

GrowthForceBlog

SEPTEMBER 12, 2023

6 min read Most donors understand that nonprofit organizations are always open for donations – even if your donor communications do not always specifically ask for money.

accountant 103

accountant accounted Account 103

CPA Practice

SEPTEMBER 12, 2023

You are in the home stretch of the year, and it’s time to think about how this quarter could impact Q1 of next year—the busiest time for some CPAs. You can continue your passive social media efforts, but are they really paying off? Here are essential tips to help you increase your Q4 lead generation and Q1 bottom-line results through online and social media ads.

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cpa firm CPA accounting and finance cpas 115

ThomsonReuters

SEPTEMBER 12, 2023

Jump to: What is a reciprocal agreement between states? Which states have reciprocal agreements? Bilateral vs. unilateral agreements Do state reciprocity agreements apply to remote workers? How to manage state and local tax Do you have clients who live in one state but work in another state? If so, they may be able to lower income taxes through a state-by-state reciprocity agreement, should the agreement exist.

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Indiana Montana Pennsylvania Maryland 98

CPA Practice

SEPTEMBER 12, 2023

The world’s largest 300 pension funds saw their assets decline for the first time since 2018, according to this year’s Global Top 300 Pensions Funds conducted by WTW’s Thinking Ahead Institute. This drop is on par with the decline observed in 2008, occurring at a pace that has only been encountered twice in the 20-year history of this annual study. The research highlights high-level trends in the pension fund industry and provides information on the changing composition of the top 300 list of pe

fund accounting 115

fund accounting New York California Florida 115

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.

Finance

Accounting Today

SEPTEMBER 12, 2023

Accountants need innovative tools to help ensure their firm is operating more efficiently and managing clients more effectively.

accounted 97

accounted Account accountant Technology 97

CPA Practice

SEPTEMBER 12, 2023

The fourteenth annual Sarbanes-Oxley (SOX) Compliance Survey , conducted by global consulting firm Protiviti, has found that 74% of organizations are seeking opportunities to further enable automation, while 58% reported an increase in hours spent on SOX compliance in the last year. Companies are prioritizing investments in automation and broader enabling technologies, such as GRC solutions, as well as advanced technology tools, such as artificial intelligence (AI) and machine learning (ML) to s

Technology 112

Technology audit auditor Government 112

KROST

SEPTEMBER 12, 2023

LOS ANGELES, CA — Certified public accounting and consulting firm, KROST, appoints Aric Wong, CPA, MBT, to KROST’s Principal in Development (PID) program. The PID program will prepare Aric for the partner role through leadership training. By participating in these workshops, Aric will expand his leadership skills, such as decision-making, communication, problem-solving, and adaptability.

CPA 89

CPA public accounting Account accountant 89

CPA Practice

SEPTEMBER 12, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss Audit Sight , a technology platform that eliminates manual work for auditors, diligence and private equity providers by automating financial transaction verification. Use the podcast player below to listen. Transcript (Note: There may be typos due to automated transcription errors. Also, due to the intro to the podcast, add 10 seconds to the below time stamps.

Technology 111

Technology audit auditor general ledger 111

Advertiser: Paycor

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.

Accounting Today

SEPTEMBER 12, 2023

Three experts share the hot-button issues in malpractice liability for accountants — and key ways to protect a firm.

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Account accountant accounted 89

CPA Practice

SEPTEMBER 12, 2023

By Joy Taylor, Kiplinger Consumer News Service (TNS) A man asking a court to rule on the taxation of staking rewards got bad news. A federal appeals court tosses his case. He filed a refund claim alleging that token rewards he got from staking cryptocurrency are created property that is not taxed on receipt but on disposition. The IRS first disallowed his refund claim.

Tax 111

Tax Washington Sales 111

Accounting Today

SEPTEMBER 12, 2023

Despite over two decades of experience, complying with the Sarbanes-Oxley Act of 2002 doesn't seem to be getting any easier for audit and finance leaders.

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audit Finance 80

CPA Practice

SEPTEMBER 12, 2023

By Michael Poveda, Partner, UHY LLP. ESG has emerged as one of the top priorities for businesses worldwide as customers’, internal stakeholders’ and regulators’ demands continue to climb. “Doing the right thing” is no longer simply a reputation booster for businesses. Instead, having a robust set of ESG objectives and goals, alongside a scientific and evidence-based way to measure progress towards them, is becoming a fundamental expectation among the entire business community.

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Government 111

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.

Finance

Accounting Today

SEPTEMBER 12, 2023

The Securities and Exchange Commission charged the former national assurance services leader at Marcum LLP with failing to address and remediate a number of deficiencies in the New York-based auditing firm's quality controls.

New York 78

New York audit 78

CPA Practice

SEPTEMBER 12, 2023

By Jeff Kiger, Post-Bulletin, Rochester, Minn. (TNS) A precedent-setting $11.5 million tax legal battle is going into its seventh year, because the IRS is appealing the 2022 ruling that Mayo Clinic “operated exclusively for educational purposes.” On Sept. 1, 2023, the IRS submitted an appeal of U.S. District Judge Eric Tostrud’s bench ruling in favor of Mayo Clinic.

Real Estate 95

Real Estate Tax Education Hospitality 95

Accounting Today

SEPTEMBER 12, 2023

Corporate controllers can play an important role in environmental, social and governance reporting as the U.S. and other countries prepare to impose new reporting requirements.

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Government accountant accounted Account 78

CPA Practice

SEPTEMBER 12, 2023

The Department of Treasury and the Internal Revenue Service have issued Notice 2023-64 (PDF) to provide additional interim guidance designed to help corporations determine whether the new corporate alternative minimum tax (CAMT) applies to them and how to compute the tax. Notice 2023-64, clarifies and supplements Notice 2023-07 and Notice 2023-20 , issued earlier this year.

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financial statements income tax Tax business tax 87

Advertiser: Paycor

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.

Accounting Today

SEPTEMBER 12, 2023

The Public Company Accounting Oversight Board imposed a $30,000 civil penalty against K.R. Margetson, a firm in North Vancouver, British Columbia, and its sole partner, Keith R. Margetson, for quality control violations and revoked his firm's registration for a year.

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audit Account accountant accounted 75

Insightful Accountant

SEPTEMBER 12, 2023

Emburse has brought automated expense reports closer using AI Receipt scanning. Its new Emburse Transcription Engine enhances a mobile-first approach to simplify expenses and reduce out-of-policy spending.

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CPA Practice

SEPTEMBER 12, 2023

Millions of people left their jobs in the last few years, hoping to find greener grass on the other side. The “Great Resignation,” also called the Great Renegotiation or the Great Reshuffle, saw nearly 4.5 million people quit per month on average between November 2021 and April 2022. Some employees realize they left a good thing and may want to return to the job they left.

Maine 69

Maine Technology accountant accounted 69

Insightful Accountant

SEPTEMBER 12, 2023

Insightful Accountant Publisher Gary DeHart sits down with Client Hub's Judie McCarthy to discuss the art of growing and scaling your accounting practice.

Technology 64

Technology Account accountant accounted 64

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.

Technology