IgniteSpot
SEPTEMBER 10, 2024
In the rapidly evolving digital landscape, informed decision-making is essential for any small business aiming to excel. Financial data serves as more than mere numbers on a spreadsheet; it acts as a guiding compass, revealing growth opportunities and improving efficiencies. By understanding and utilizing this data effectively, businesses can transition from merely surviving to truly thriving.
TaxConnex
SEPTEMBER 10, 2024
When you sell across multiple states – or even within various localities in a single state – one striking observation emerges: the consistent inconsistency of sales tax rates. Why? The federal income tax has just seven brackets to cover the whole span of what somebody can make. Why do the states with sales taxes have such a range, from the high combined state and local taxation (pushing 10%) of Louisiana, Tennessee, Arkansas and Washington to the lows of Alaska , Wyoming and Maine.
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Accounting Today
SEPTEMBER 10, 2024
Understanding these updates is critical in guiding the tens of millions of LLCs, closely held businesses, and other small-business clients through the complexities of beneficial ownership compliance.
BurklandAssociates
SEPTEMBER 10, 2024
Peter Reinhardt and Jeff Burkland share the inside scoop on Segment’s growth journey. Plus, an exciting look at the future of carbon removal with Charm Industrial. The post Celebrating 100 Episodes of <i>Startup Success</i> with Lessons from a $3.2 Billion Exit appeared first on Burkland.
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The office of the CFO is rapidly evolving, with more and more demands being placed upon the finance and accounting team each year. Join us in this webinar, where we share 8 things to NOT do when it comes to helping the CFO office advance in supporting the business. Learning Objectives: This course objective is to understand how best to support an organization's finance leadership.
Accounting Today
SEPTEMBER 10, 2024
Recent projections showing that we could have a deficit of up to 3.5 million accountants by 2025.
CPA Practice
SEPTEMBER 10, 2024
Nearly three weeks after approving a batch of new Public Company Accounting Oversight Board (PCAOB) auditing standards , the Securities and Exchange Commission (SEC) on Sept. 9 OK’d another new rule from the audit regulator, this time on quality control. The SEC approved the quality control standard by a 3-2 vote. The PCAOB approved the updated quality control standard , QC 1000, A Firm’s System of Quality Control , last May.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
CPA Practice
SEPTEMBER 10, 2024
The U.S. Census Bureau has announced that real median household income increased by 4.0% between 2022 and 2023. At the same time, the official poverty rate fell 0.4 percentage points, to 11.1%, in 2023. Meanwhile, 92.0% of the U.S. population had health insurance coverage for all or part of 2023, not statistically different from 2022. An estimated 26.4 million or 8.0% of people did not have health insurance at any point during 2023, according to the 2024 Current Population Survey Annual Social a
AccountingDepartment
SEPTEMBER 10, 2024
Experienced business leaders know that accurately predicting future financial outcomes is a highly complex challenge. It’s a process not to be left only to logic that is based on reviews of combined financial reports from the past.
CPA Practice
SEPTEMBER 10, 2024
The pressure of new cybersecurity disclosure requirements and the rising threats of cyber warfare and extortion have pushed data security and privacy to the top of the priority list for finance leaders. The annual Global Finance Trends survey conducted by consulting firm Protiviti finds that 61% of CFOs and finance leaders rate data security and privacy as a high priority in the coming year, followed by financial planning and profitability analysis and strategic planning.
Patriot Software
SEPTEMBER 10, 2024
When disaster strikes, you have a lot on your mind. Your first thoughts might be of repairing damages and getting your business back up and running. But then, it hits you … Oh no, my taxes are due soon. Thankfully, there’s tax relief in disaster situations.
Speaker: Dylan Secrest, Founder of Alamo Innovation and Construction Digital Transformation Consultant
Construction payment workflows are notoriously complex when you consider juggling multiple stakeholders, compliance requirements, and evolving project scopes. Delays in approvals or misaligned data between budgets, lien waivers, and pay applications can grind progress to a halt. The good news? It doesn't have to be this way! Join expert Dylan Secrest to discover how leading contractors are turning payment chaos into clarity using digital workflows, integrated systems, and automation strategies.
CPA Practice
SEPTEMBER 10, 2024
The Tax Blotter is a collection of briefs of recent tax legislation and tax court decisions. Spurred on by recent legislative changes., more employers are offering Roth 401(k) plans as an alternative to regular 401(k) plans. Pay now, save later. The Roth 401(k) is essentially a combination of a regular 401(k) plan and a Roth IRA. In contrast to a regular 401(k), however, deferrals are made to your account on an after-tax basis.
Accounting Today
SEPTEMBER 10, 2024
Tax targets; getting creative; one SALT workaround; and other highlights from our favorite tax bloggers.
CPA Practice
SEPTEMBER 10, 2024
By Ken Dixon Journal Inquirer, Manchester, Conn. (TNS) Sep. 10—HARTFORD — Residents and business owners affected by the recent torrential storms and fatal flooding will have until Feb. 3, 2025, to submit a variety of tax filings and payments, the Internal Revenue Service announced on Tuesday. The extended deadlines are limited to flood-damaged areas of Fairfield, New Haven and Litchfield counties in Connecticut, as well as Suffolk County in New York that sustained damage in the historic Aug. 18
Accounting Today
SEPTEMBER 10, 2024
Springline Advisory, a private equity-funded firm, is growing by bringing in accounting firms.
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You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes? It’s time for an upgrade. SkyStem's Guide to Month-End Close Software walks you through what today’s best tools can do (and what your team shouldn’t have to deal with anymore). Get smart, fast, and a whole lot less stressed when it’s time to close the books.
CPA Practice
SEPTEMBER 10, 2024
Stampli has launched Stampli Cognitive AI and its first application in Purchase Order matching at SuiteWorld 2024. Stampli’s Cognitive AI represents a breakthrough in applying AI to financial processes. By combining LLMs with meticulously mapped business logic, it understands the nuanced context of financial operations and replicates human decision-making processes.
Accounting Today
SEPTEMBER 10, 2024
Apple lost its court fight over a ($14.4 billion Irish tax bill and Google lost its challenge over a €2.4 billion fine for abusing its market power.
CPA Practice
SEPTEMBER 10, 2024
The nation’s major container ports are expected to see another busy month in September ahead of a potential labor strike at East Coast and Gulf Coast ports, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates. “This is a critical time as retailers prepare for the all-important holiday season, and we need every port in the country working at full capacity,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.
Going Concern
SEPTEMBER 10, 2024
NASBA released CPA exam scores for discipline sections today and it must have been on time because there’s no one b g in their replies on Twitter. Well, one guy in California who hasn’t gotten his score yet is mildly complaining, wouldn’t call it b g per se. One person is a big improvement from last month’s “ the AICPA can eat a bag of dicks ” debacle and July’s unintentional candidate DDoS attack.
Speaker: Gerald Ratigan
The accounts payable (AP) function is evolving and AI is leading the charge. As finance teams face rising invoice volumes and expectations for speed and accuracy, AI-powered automation has shifted from a futuristic concept to the most practical solution. But for finance leaders, success isn’t just about selecting the right tools, it’s about implementing the right strategy.
Cherry Bekaert
SEPTEMBER 10, 2024
As Industry 4.0, also known as the Fourth Industrial Revolution, progresses the manufacturing industry into a phase of increased digitization, companies must continue to invest in emerging technologies to differentiate their strategies and advance growth. Many manufacturers are now turning to Managed Service Providers (MSPs) to support their digital and strategic transformation efforts.
Going Concern
SEPTEMBER 10, 2024
Who else remembers when they said TurboTax would put tax preparers completely out of business? Tax preparers are still waiting. Imagine thinking this is true #TaxTwitter pic.twitter.com/ClJT86yG6Z — TaxBirdie (@tax_birdie) September 10, 2024 Thread The post Dumbass Take of the Day: This Guy appeared first on Going Concern.
CPA Practice
SEPTEMBER 10, 2024
Small and midsize U.S. retailers face significant challenges when navigating sales tax holidays, according to a new report from Avalara, Inc. , a provider of tax compliance automation software for businesses of all sizes. While these holidays are designed to boost consumer spending and businesses’ sales, the complexities involved have actually left nearly 60% of retailers struggling to make a profit.
Accounting Today
SEPTEMBER 10, 2024
Stampli unveiled Stampli Cognitive AI, which sports what it says are "human-level" purchase order matching abilities.
Speaker: Sean Yoder
Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.
Insightful Accountant
SEPTEMBER 10, 2024
It's time to get beyond 'number crunching' and start providing the 'advisory' services your clients want. Murph shares how simple Qvinci® makes to 'generate and share' the reports clients are seeking.
Accounting Today
SEPTEMBER 10, 2024
Landmark CPAs merges in Garland & Greenwood CPAs; and Forvis Mazars completes acquisition of ConTech360.
Reckon
SEPTEMBER 10, 2024
Over the last decade, over $41 billion dollars of superannuation payments have gone unpaid. Australian workers rely on their super to enjoy retirement and be financially independent, so businesses across Australia are legally obligated to provide super guarantees for their employees; it is part of the trust between workers and business owners. So, what’s gone wrong, and how do you, as a small business owner, ensure that your payroll and super obligations are compliant?
Accounting Today
SEPTEMBER 10, 2024
Ireland just landed a challenge most countries would envy: how to spend an almost €13.8 billion ($15.2 billion) windfall that Apple Inc. was ordered to pay in taxes by the European Union's top court.
Speaker: Joe Wroblewski, Sales Engineer Manager
Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te
Insightful Accountant
SEPTEMBER 10, 2024
BILL, a leading financial operations platform for small and midsize businesses, announced last week that Ariege Mishergi has joined as SVP & GM of Accounts Payable, Accounts Receivable, and Accountant Channel.
CPA Practice
SEPTEMBER 10, 2024
Eide Bailly, a national certified public accounting and business advisory firm has announced that Eide Bailly Advisors, LLC’s wealth management team will join Sequoia Financial Group on November 1, 2024, and both firms will collaborate to deliver expanded client services. Sequoia Financial Group is a wealth manager with more than $19.3 billion in assets under management.
LSLCPAs
SEPTEMBER 10, 2024
LSL Webinar “Back to Basics | Capital Assets Crash Course” presented Noah Daniels, CPA, CPFO, and James Butera, MBA, CPA, broke down the lifecycle of capital assets for local government finance departments. In case you missed it – being audit-ready is essential for maintaining transparency, ensuring compliance with accounting standards, and fostering public trust.
CPA Practice
SEPTEMBER 10, 2024
Fort Smith, AR-based Landmark CPAs will be adding new offices in Jonesboro and Conway, AR, after it merges in Garland & Greenwood CPAs on Jan. 1, 2025. Garland & Greenwood partners John Brock, Jake Froemsdorf, Rocky Goodman, and Greg Schichtl, along with 36 staff members, will join Landmark CPAs, expanding the accounting firm’s headcount to more than 200 professionals across eight locations in Arkansas and Arizona.
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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
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