Wed.Jun 08, 2022

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Email is Not an Accounting Tool

Lockstep

Email is not meant to solve your accounting workflow management challenges.

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Superfund Excise Taxes Reinstated July 1, 2022

Withum

The Infrastructure Investment and Jobs Act (IIJA), enacted into law on November 15, 2021, reinstated and modified two Superfund excise taxes, effective July 1, 2022. The first is the tax on chemicals under section 4661 and the second is the tax on imported substances under section 4671. These excise taxes were initially introduced in 1980 and expired in 1995.

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Trending Sources

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Report from Engage: Economy offers uncertainty, opportunity

Accounting Today

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Monetized Installment Sales: The Newest Member of the IRS’ “Dirty Dozen”

Withum

The IRS’ “Dirty Dozen ” is an annual list warning taxpayers of abusive tax arrangements, schemes, scams, and shams. It’s no surprise to see “Monetized Installment Sales” (“M453”) join the “bad boys” of tax schemes as the IRS has recently alluded to its problematic structure (including the investigation of M453 promoters and the release of Chief Counsel Advice 202118016).

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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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CalSavers & Your Small Business: You May Be Required to Offer a Retirement Program

Patriot Software

In 2019, the state of California put in place the CalSavers Retirement Savings Program, with the goal of enabling California residents to save for retirement. Now, California’s June 30th Calsavers deadline for employers with five or more employees is looming closer. Right now, almost half of all private-sector employees in the U.S. are employed by […] READ MORE.

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U.K. loses EU court bid to topple bloc’s tax clawback order

Accounting Today

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More Trending

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Chrisley reality TV stars convicted for tax evasion

Accounting Today

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How Much Do Accountants Charge? Asking for a Friend

Patriot Software

Setting your accounting service rates for the first time or updating them? Either way, you might be wondering: How much do accountants charge? Setting a reasonable and competitive price is key to sourcing and retaining clients, after all. Overpricing your services may send clients running for the hills (or into the arms of a competing […] READ MORE.

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CohnReznick charged with improper auditing conduct by SEC

Accounting Today

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Why Should Skagit County Businesses Care About FASB and GAAP?

SkagitCountyTaxServices

Yes, inflation isn’t slowing down , even here in Skagit County. Though it’s not the main thing I’ll be writing about today, I did want to point out this economic elephant in the room for my Mount Vernon business owner readers and clients, and not just speed on by and into my accounting geekery. One thing is clear … SMB’s are feeling the pinch.

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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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Diversity in accounting: Still under construction

Accounting Today

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Reporting & Analytics Sponsors at Scaling New Heights 2022 (Part 1)

Intuitive Accountant

Murph begins his look at three of this year's reporting and analytic sponsors making an appearance in the exhibit hall at 'Scaling New Heights' in Orlando.

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Better whistleblower suit accuses CEO of misleading investors

Accounting Today

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Finding/Retaining Staff and Challenges Working With the IRS Are Top PITAs for CPA Firms, Says AICPA Survey

Going Concern

Small firms think ‘challenges when working with the IRS’ is a bigger PITA than trying to find and retain talent according to the results of the 2022 AICPA Private Companies Practice Section (PCPS) CPA Firm Top Issues Survey released by the AICPA this week. Via Journal of Accountancy : The IRS issue didn’t resonate only with the smaller firms.

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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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PwC fined £5M for shoddy audits at two construction firms

Accounting Today

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Why Automation is the Way Forward

Intuitive Accountant

If you find your team focusing more on administrative tasks than on actual revenue-generating activities, then sales automation may be the solution.

Sales 52
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Aprio sees growth after rebranding

Accounting Today

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Reaching New Heights

Intuitive Accountant

How FP&A advisory services just got easier with the recent integration of technology solutions by Jirav and Paychex.

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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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Automation need not break the bank

Accounting Today

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APPS Directory Spotlight — Qbox

Intuitive Accountant

How this simple, affordable, secure resource is helping accounting professionals share files with an unlimited number of remote users. Check it out in our App Directory today.

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Criminals use SaaS, too

Accounting Today

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7 Cybersecurity Tips Your Accounting Firm Clients Can Use

Intuitive Accountant

CPA4IT’s Andrew Wall weighs in on why client communications are so critical in today’s fight against cyber criminals.

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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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Penalty relief available for employee retention credit claims

Accounting Today

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[Feature] PulseOne: Tech Talk

KROST

Our Assurance & Advisory Principal, Keith Hamasaki, was featured on the latest PulseOne Tech Talk with Chad Wiggins. Keith discussed data analytics and ways it could help businesses. They also discuss KROST’s new service, KROST Business Intelligence which is a cloud-based data solutions platform that can translate unstructured, impossible-to-read data into structured, real-time insights.

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Exposure Drafts: How to Both Comply with the AICPA Code of Professional Conduct and Celebrate Father’s Day

Going Concern

Listen to Oh My Fraud , a podcast by Caleb Newquist and Greg Kyte, and get free CPE through Earmark. . The post Exposure Drafts: How to Both Comply with the AICPA Code of Professional Conduct and Celebrate Father’s Day appeared first on Going Concern.

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7 Cash Flow Management Tips for E-commerce Businesses

Snyder

Moving to an e-commerce platform is a growing trend seen throughout the business world. It opens up opportunities for companies to compete on a global scale. Organizations that offer products online can capitalize on better communication with their customers and often see a significant increase in overall revenue. A recent survey conducted by Gartner Analytics showed that 87% of senior business leaders thought their business needed to move online to succeed. .

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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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Communicating With Your Clients in Plain English with Peter Margaritis

Summit CPA

The Virtual CPA Success Show: Episode 56. In this episode, Jamie Nau, our host and Summit CPA's Director of Accounting/Virtual CFO and Jody Grunden, our CEO and Co-founder sits down with The Accidental Accountant® , Peter Margaritis to talk about how communicating effectively with clients is an integral part to maintain good relationships with clients.

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Thriving in turbulent times

Menzies

Menzies LLP - A leading chartered accountancy firm. Just as the challenges brought on by the global pandemic began to wane, economic sanctions introduced in response to Russia’s invasion of Ukraine and persisting supply chain disruption have piled yet more pressure on businesses. Some have been pushed to the brink of insolvency, but should we expect things to get worse before they start to get better?

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Standing Still

RitaKeller

“Don’t go backward – you’ve already been there.” ~ Ray Charles. I heard it many times from consultants of all ages and all disciplines. If you are not growing, you are shrinking. This applies to CPA firms of all sizes and disciplines. You need to keep challenging your partners to listen to new ideas and then try them. The status quo does not mean the firm will have longevity.

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Diversity and inclusion in tech with Take2

Xero

Here at Xero, we actively support diversity, inclusion, and belonging in the workplace. We recognise that a diverse workforce is a strength that enables businesses, including ours, to better understand and serve customers, attract top talent and innovate successfully. Part of our work in this space in Aotearoa/New Zealand has included working alongside a charitable organisation called Take2.

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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.