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 $

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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

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tax return Sales Tax tax consultant 147

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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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.

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institute of chartered accountants chartered accountant Account accountant 113

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

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

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forensic accounting accounting and finance cpas Healthcare 124

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.

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Legal Technology 123

Accounting Today

SEPTEMBER 12, 2023

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

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Account accountant accounted Technology 129

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 income tax 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

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fund accounting New York California Florida 115

Advertiser: Paycor

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Accounting Today

SEPTEMBER 12, 2023

Notice 2023-64 offers guidance on the 15% levy on large businesses — and waives some penalties.

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Tax corporation tax 122

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.

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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.

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audit Technology auditor sage accounting 111

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.

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.

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Account accountant accounted 83

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.

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Tax Washington Sales 111

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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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: 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

SEPTEMBER 12, 2023

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

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Account accountant accounted Technology 90

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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income tax financial statements Tax business tax 87

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.

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audit New York 68

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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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.

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.

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Maine Technology Account accountant 69

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 66

CPA Practice

SEPTEMBER 12, 2023

The economy is still growing, but not as fast as it was earlier this year, according to National Retail Federation Chief Economist Jack Kleinhenz. “The U.S. economy continues to expand but recent data is signaling a slowdown in its momentum,” Kleinhenz said. “The economy is slowing but not halting.” “Progress has been made on combating inflation, but higher prices remain,” Kleinhenz said.

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Retail Entertainment Michigan Sales 64

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 84

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Finance

CPA Practice

SEPTEMBER 12, 2023

By Katelyn Washington, Kiplinger Consumer News Service (TNS) Following Tropical Storm Idalia, the IRS has granted tax relief to South Carolina residents impacted by the storm. The relief includes certain extended federal tax filing and payment deadlines. Some state tax filing and payment deadlines have also been extended. The tax deadline extension for South Carolina follows several other storm-related tax extensions, including a Florida tax deadline extension following Hurricane Idalia.

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South Carolina Tax tax return income tax 64

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 71

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.

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Technology Account accountant accounted 64

LSLCPAs

SEPTEMBER 12, 2023

With the settlements with various pharmaceutical companies and distributors being finalized recently, there’s been a lot of uncertainty about what the accounting for these settlement funds looks look. The timing of the receipts, as well as whether or not your organization was an original party to the settlement. Luckily the great folks over at the. The post Accounting for Opioid Settlement Funds in Local Governments appeared first on LSL CPAs.

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Government Pharmaceutical Account accountant 59

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"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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