Going Concern

OCTOBER 19, 2023

“The number-one trend is that the candidate is in complete control…because the unemployment rate is lower in accounting and finance than it’s ever been.” That’s a quote from a Robert Half recruiter in the Talent Retention in the U.S. Accounting and Finance Profession study released a few days ago, a collab between IMA and Robert Half (and about two dozen research partners, mostly state societies).

Account 128

Account accountant accounted accounting and finance 128

RogerRossmeisl

OCTOBER 19, 2023

When it comes to fraud, it may seem there’s nothing new under the sun. Unfortunately, fraud perpetrators are always finding novel ways to swindle businesses. Here are some recent scams — and how your business can protect against them. Influencer shakedowns Scam: So-called social media influencers ask restaurants and bars for complimentary meals and drinks in exchange for “free” publicity on platforms such as TikTok and Instagram.

CPA 238

CPA 238

TaxConnex

OCTOBER 19, 2023

Often as things change in sales tax – and they change often – one constant keeps lurching along. Tax jurisdictions love to send notices, and usually it’s to say “Boo!” and not just “Hi.” True, notices can simply be a way for tax jurisdictions to get in touch with you and require no fast action on your part. The scary-looking official piece of paper (if it even arrives on paper – many notices are electronic now) might only be informing you of something as routine as use of a new form or a reminde

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Sales Tax audit Finance 147

Accounting Today

OCTOBER 19, 2023

The Internal Revenue Service is giving employers a way to rescind inaccurate claims for the Employee Retention Credit if they've fallen victim to a scam at the hands of so-called "ERC mills.

Tax 130

Tax 130

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

Withum

OCTOBER 19, 2023

The IRS announced a processing moratorium on employee retention credit (ERC) claims on September 14, 2023. As part of that press release, the IRS announced that it was planning to issue two different settlement initiatives in the coming weeks/months. The first is a settlement program for taxpayers whose ERC claims have already been processed and paid, and the taxpayers deposited the check(s).

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tax return audit income tax auditor 126

CPA Practice

OCTOBER 19, 2023

More than a month after the IRS said it was temporarily shutting down the processing of employee retention credit (ERC) claims due to a surge of questionable submissions, the agency on Thursday offered steps small businesses can take to cancel their tax credit claim if they have doubts about its legitimacy. The new withdrawal option allows certain employers that filed an ERC claim but have not yet received a refund to rescind their submission and avoid future repayment, interest, and penalties.

payroll 122

payroll audit Tax 122

CPA Practice

OCTOBER 19, 2023

Payroll, HR, and benefits software provider ADP has launched a human capital management solution specifically for the unique needs of construction firms. ADP Workforce Now for Construction includes features for job costing, payroll, HR, worker development, managing government compliance and reporting, worker recruiting and retention, union management, and multi-job site management.

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Construction payroll general ledger payroll tax 120

Accounting Today

OCTOBER 19, 2023

New cybersecurity rules from the Securities and Exchange Commission are already prompting companies to put more emphasis on the topic in their disclosures.

Government 123

Government Technology 123

ThomsonReuters

OCTOBER 19, 2023

Jump to: Who does the Corporate Transparency Act affect? Who needs to file Beneficial owners Company applicants When do reports need to be filed for the Corporate Transparency Act? The Corporate Transparency Act’s impact on tax and accounting professionals Implementation and compliance challenges Embracing the Corporate Transparency Act The Corporate Transparency Act (CTA), enacted in 2021, was passed to enhance transparency in entity structures and ownership to combat money launde

Non-Profits 111

Non-Profits Tax accounting firms Account 111

Accounting Today

OCTOBER 19, 2023

The CTA and beneficial information reporting may be a game-changer for accounting firms. Here's what you need to know.

Gaming 134

Gaming accounting firms Account accountant 134

Advertiser: Paycor

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

Going Concern

OCTOBER 19, 2023

An “event” is putting it lightly. As you all know by now the PwC Australia tax scandal continues to claim victims and slander the good name of consultants everywhere. In yet another senate inquiry last week, former CEO Luke Sayers got beat up a little by senators sick of hearing “I don’t recall” from former and current senior leadership: Something else came out of those hearings, too.

tax planning 109

tax planning audit Tax Government 109

Insightful Accountant

OCTOBER 19, 2023

Following up on his trip to 'SuiteWorld 2023,' Murph gives you a first-hand impression of how Terlato Wine Group is benefiting from its transition to NetSuite.

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NetSuite 110

CPA Practice

OCTOBER 19, 2023

AuditBoard , a provider of cloud-based platform transforming audit, risk, compliance, and ESG management has added new capabilities purpose-built to enable teams to automate critical workflows, surface key strategic insights, and stay on top of proliferating risks. The announcement took place at AuditBoard’s annual Audit & Beyond conference, a hybrid in-person and online gathering of thousands being held in San Diego, California through October 20.

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audit Technology B2B California 103

Insightful Accountant

OCTOBER 19, 2023

ADP Workforce Now for Construction is the first comprehensive HCM solution built for the unique challenges of the construction industry.

Construction 111

Construction 111

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Accounting Today

OCTOBER 19, 2023

Twice as nice; fuelin' around; before the Inc. dries; and other highlights of recent tax cases.

Education 122

Education Tax tax preparation 122

Cherry Bekaert

OCTOBER 19, 2023

The latest episode of our Risk & Accounting Advisory podcast begins the first of a two-part series where Nate Regimbal , Digital Advisory New Practices & Solutions Leader, joins Alan Swan , Digital Advisory Managing Director, along with Audrey Magennis and Dan Gallagher from the Firm’s Information Assurance & Cybersecurity practice, to discuss Anti-Money Laundering Model (AML) Validation and Optimization best practices.

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Account accountant accounted 83

AccountingDepartment

OCTOBER 19, 2023

No business model works without effective financial management. Every organization must be able to allocate its resources and make informed decisions. Financial Planning and Analysis (FP&A) has become increasingly important in driving business success. It is vital for long-term growth. FP&A is a data-driven approach to financial management, which allows organizations to make informed decisions to improve their profitability.

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Account accountant accounted 81

Accounting Today

OCTOBER 19, 2023

In court, a forensic accountant tried to explain what happened to the customer funds that were missing before the crypto exchange filed for bankruptcy.

forensic accounting 92

forensic accounting Account accountant accounted 92

Advertiser: Paycor

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.

GrowthForceBlog

OCTOBER 19, 2023

According to data from the U.S. Bureau of Labor Statistics (BLS), roughly 20% of new businesses fail during the first two years of operations.

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89

SkagitCountyTaxServices

OCTOBER 19, 2023

A few things are grabbing my attention this week. The first being that the tax extension deadline has passed. That’s a big relief for my office, and perhaps for yours too. I’m continuing to avidly watch, as I’m sure you are too, the unfolding events in Gaza. Though Biden issued a back-channel warning to Iran about not joining in the conflict, the possibility of a larger scale war looms.

Healthcare 77

Healthcare CPA Start-ups Government 77

Insightful Accountant

OCTOBER 19, 2023

The rebranding unveils an improved and unified customer experience to propel the accounting profession forward.

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Account accountant accounted 98

MineralTree

OCTOBER 19, 2023

Accounts payable (AP) is a critical business function, responsible for protecting cash flow, maintaining good relationships with vendors, and ensuring compliance with financial regulations. However, the traditional manual approach to AP can be time-consuming and error-prone, meaning AP teams are spending valuable time on tedious tasks such as data entry, reconciliation, and chasing approvals.

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accounts payable AP Automation AP Processes Approval Workflows 75

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.

Accounting Today

OCTOBER 19, 2023

As more accountants retire or move to other fields, their valuable insights into sales tax management are lost.

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Sales Tax Account accountant 92

CPA Practice

OCTOBER 19, 2023

By Ira Rosenbloom. It’s no secret that staffing is a perpetual concern of CPA firm leaders. In fact, a recent poll of 250 top CPA firm leaders in the U.S. reported that fewer than 1% of those polled said they were able to find the staff they needed to run effectively. Couple that with high turnover, retirements—and some issues with employee satisfaction and morale—and you start to question the viability of M&A for so many practices.

cpa firm 59

cpa firm CPA Technology Account 59

Accounting Today

OCTOBER 19, 2023

The bipartisan legislation would relieve double-taxation of investments between the U.S. and Taiwan for businesses and employees.

Tax 68

Tax Finance 68

ThomsonReuters

OCTOBER 19, 2023

Jump to: What is amortization of a bond? Are bonds payable amortized? How to calculate bond amortization What is a sinking fund? Managing amortization of bonds Do you have clients looking to issue bonds? Bonds are generally thought to be lower risk than stocks, which makes them a popular choice among many investors. And for companies issuing a bond, bond amortization can prove to be considerably beneficial.

auditor 52

auditor Tax accounting and finance Account 52

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

Dent Moses

OCTOBER 19, 2023

Meetings are on the rise and essential to our modern work culture. However, poorly managed meetings often lead to wasted time and frustration. When considering scheduling a meeting, first ask yourself if a meeting is necessary. If yes, try to limit the number of attendees and make it as efficient as possible. Tips for more effective meetings: Set Clear Objectives and Provide an Agenda in Advance: Create a detailed agenda outlining each topic of discussion.

Start-ups 52

Start-ups Maine Technology Account 52

CPA Practice

OCTOBER 19, 2023

Versapay has become the first NetSuite partner to support NetSuite Pay, an embedded finance service which enables businesses to accept card payments and reduce manual receivable processes. Offered within NetSuite, NetSuite Pay powered by Versapay extends NetSuite’s enterprise resource planning (ERP) , customer relationship management (CRM), and SuiteCommerce solutions to help businesses further simplify payment processing.

NetSuite 52

NetSuite accounting and finance Finance Account 52

Withum

OCTOBER 19, 2023

A Comprehensive Guide for U.S. Companies Navigating the New Landscape of Global Sustainability Regulations and Standards Download Guide The global landscape for climate and sustainability reporting is evolving at an unprecedented rate. Thousands of companies in the United States are directly impacted, usually through data requests from their large, publicly traded clients.

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Government Account accountant accounted 52

CPA Practice

OCTOBER 19, 2023

Modern Wealth Management , a national registered investment advisory firm, has acquired Indianapolis, IN-based Martin James Investment & Tax Management, an integrated tax, wealth management and planning firm serving over 400 families, individuals and business owners. Through this acquisition, Modern Wealth now gains a highly capable tax strategy and preparation team, with the added benefit of financial planning and investment management expertise.

Tax 52

Tax cpas CPA tax planning 52

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.