Tue.Sep 13, 2022

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How to Effectively Integrate an Accounting Controller into Your Finance Team

IgniteSpot

3 Steps to Integrate a Qualified Accounting Controller. You can’t throw a controller partner into the pool and ask them to swim. While they are absolute rock stars at their jobs, even the best controllers need to get acquainted with how your business operates in order to help it succeed.

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Colorado: Fee or tax?

TaxConnex

Remote retail sales just got rockier in Colorado, which has begun imposing a 27-cent fee on every retail delivery made by motor vehicle to a destination in the state. The fee will apply when at least one item is subject to sales or use tax and the delivery is mailed, shipped or delivered by motor vehicle. Wholesale sales or sales of exempt goods are not subject to the fee.

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A Self-Assessment to Determine if Your SaaS Startup is Ready for a CFO

BurklandAssociates

To determine if your SaaS startup is ready to hire a CFO, ask yourself these questions related to subscription revenue and metrics reporting. The post A Self-Assessment to Determine if Your SaaS Startup is Ready for a CFO appeared first on Burkland.

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Dealer Vision: Volume VII

Withum

End Summer on a high note by diving into these exciting articles written by Michael Mulhearn , Michele D’Antonio , Robert Campbell and first-time writer, Joseph Polanco. We will discuss if trade-ins are eligible for a sales tax credit, how to protect your dealership from fraud, the automotive industry in the metaverse and privacy and safeguarding customer information.

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Planning Your Restaurant's Path to Profitability

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.

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KPMG’s ‘Do As We Say Not As We Do’ Tips to Prevent Employee Turnover

Going Concern

KPMG has some sponsored content in Harvard Business Review about how to keep employees from defecting (defecting? Really? It’s a job, not the Sandinistas) and in it, the firm offers some suggestions to encourage employee loyalty. Suggestions that they themselves would be wise to implement should KPMG want to hang on to their own people (there may or may not be a mass exodus underway at KPMG , according to Going Concern archives this has been going on at least since we were founded in 2009)

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Are You Correctly Calculating Overtime for Tipped Employees?

Patriot Software

One major blunder small business owners make is not paying their tipped employees the correct wages. And when it comes to you paying tipped employees overtime, things can get a little more complicated. So, are you using the correct overtime rate for your employees who receive tips? Read on to learn the right way to […] READ MORE.

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What Is a Schedule H, and Are You Obligated to File One?

Patriot Software

Do you employ a household employee? Or, are you thinking about potentially hiring one? If so, you should know that hiring a household worker is not synonymous with hiring regular employees. When it comes to being a household employer, you must prepare for additional responsibilities. One of your newfound responsibilities is filing a Schedule H […] READ MORE.

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Make Giving a Habit With Daffy

Withum

Explore Other Episodes. #CivicWarriors #WithumImpact. The post Make Giving a Habit With Daffy appeared first on Withum.

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Clarifying Temporary vs. Seasonal Employees Once and for All

Patriot Software

As an employer, bringing in reinforcements at your small business is sometimes necessary. To keep up with customer demands during peak seasons, you might need to hire additional employees, such as seasonal or temporary workers. Both seasonal and temporary employees can give your business a boost and support you during busy times. But, what option […] READ MORE.

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Enhanced Payment Links – A QuickBooks Desktop 2023 Feature

Intuitive Accountant

Even though Payment Links for QuickBooks Desktop was rolled out with the 2022 product release, it has been enhanced for 2023. Now you can send Links without any transaction form and keep track of all Links with an enhanced dashboard.

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How Automation is Driving Efficiency Through the Last Mile of Reporting

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

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Family Taxation: Are You Legally Taxing Your Loved Ones?

Patriot Software

Approximately 90% of small businesses are either family-owned or run by family members. If your business falls into the majority, you’ve likely hired a few (or more than a few) family members to work at your company. If you employ relatives, you need to make sure you’re staying legally compliant and taxing them correctly. Otherwise, […] READ MORE.

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Future Forward 2022: What Your Firm Needs Now to Mitigate Risk

Intuitive Accountant

In today's technologically paced landscape, having cybersecurity insurance is no longer a “nice to have.” McGowanPRO's Rob Ferrini explains why. Sign up for the Future Forward 2022 webinar now.

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4 Tips for Negotiating Salary Increase With Potential Employees

Patriot Software

Bringing on top talent is tough. With over 4 million employees quitting their jobs per month, you might notice more candidates negotiating salary increase. Why? Because they can. Job seekers aren’t afraid to explore other options if you can’t provide the salary or benefits they want. Salary raise negotiation might make the difference between a […] READ MORE.

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Building an Ecosystem for Everything

Intuitive Accountant

Xero's Carol Haverty and Looka's Dawson Whitfield explain what accounting, branding and small business growth all have in common—and why your firm must adapt accordingly.

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No-Code Technology: The Key to Unlock the Future of Your Business

Global economies are reeling from recent upheavals—pandemic aftershocks, geopolitical conflicts, and a tech sector crunch. Mark Zuckerberg's 2023 "Year of Efficiency" ethos extends into 2024, with leaders seeking cost reductions without stunting growth. No-code technology emerges as a beacon of hope, fostering resilience and adaptability. Platforms like Make.com and Zapier empower even non-technical staff to automate and innovate, freeing IT for strategic tasks.

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How to Craft Your Employee Training Reimbursement Policy

Patriot Software

So, your hardworking employee wants to further their knowledge by going through a training program? Maybe you’re excited for them. Maybe you think it’s a waste of time. Or just maybe, you’re one of the 83% of organizations that pay for education-related programs. If you’re feeling generous—and looking to boost your company’s bottom line—create an […] READ MORE.

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On-Demand Webinar: 6 Ways to Accelerate Your Multichannel Growth

Withum

Is your inventory tracking system aligned with your e-commerce platform? Are you having trouble reconciling your payments? Learn how to remove inventory and payment processing roadblocks and discover a seamless path to growth. NetSuite & MerchantE provide a seamless payment experience to support your distribution growth. Whether it’s via direct integration of 3rd party e-commerce platforms or using NetSuite’s SuiteCommerce tool, you can simplify and improve your financial operations.

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Your 1095-C Form Obligations, Explained

Patriot Software

Do employers have to offer health insurance? Sometimes. And if you are required to offer health insurance, you need to send a 1095-C form to all full-time employees. If you’re unfamiliar with Form 1095-C and employer-sponsored health insurance requirements, you likely have questions like: What is a 1095-C form? How do I fill it out? […] READ MORE.

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On-Demand Webinar: Changing Residency – An Update

Withum

As a result of telecommuting, many people are choosing to relocate to states where they feel they can enjoy a higher quality of life. While there are myriad reasons for why individuals choose to relocate, if a change in state residency is not done correctly, the individual may remain subject to tax in the state they intended to leave as well as become taxable in the state the individual moved to.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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With This Guide, You’ll Be a Reference Check Pro in No Time

Patriot Software

As an employer, you’re responsible for going through the hiring process and finding top-notch employees who fit in with your work culture. But to do that, you have to do a little homework. Many businesses use a reference check to dive deeper into an applicant’s employment past and find out if they’re fit for the […] READ MORE.

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EY China: We Are Not Splitting, Sorry

Going Concern

The Financial Times was one of the news outlets that reported last week about EY China saying it wasn ’t going along with Carmine Di Sibio & Co. ’s plans to split EY into separate auditing and consulting entities. Not because EY partners in the firm ’s Mainland, Hong Kong, Taiwan, Macau, and Mongolia offices don ’t wanna become rich ( presumably ) but because the plan isn ’t up to snuff with Chinese regulators.

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Handle With Care: Employee Timesheet

Patriot Software

Tracking your employees’ time and attendance is an important part of running an accurate payroll, managing personal time off, and maintaining employee records. You can document time and attendance information by creating an employee timesheet. To comply with employment laws, you must understand what a timesheet is, how to create it, and your recordkeeping responsibilities. […] READ MORE.

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Promotion Watch ’22: Baker Tilly Churned Out a Record 46 New Partners

Going Concern

The new partner class of 2022 is one for the record books at Baker Tilly, as 46 BTers got their club memberships recently from CEO Alan Whitman. Baker Tilly says in a press release that it ’s the largest new partner class at the firm to date, which we have every reason to believe given that the high water mark up to this point was last year’s 24 new partners.

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Recruit and Retain New Blue-Collar Talent

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.

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Massachusetts Paid Family Leave: Preparing for a New Program

Patriot Software

As an employer, you are likely familiar with the federal Family and Medical Leave Act (FMLA). However, are you aware that your state might have additional programs in place for family and medical leave? If you are a Massachusetts employer, you must learn about the new Massachusetts paid family leave program. What is Massachusetts paid […] READ MORE.

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What are your obligations as an employer over the bank holiday?

Menzies

Menzies LLP - A leading chartered accountancy firm. The death of Queen Elizabeth II was announced on 8th September 2022. As the country now enters a period of mourning that will last until the Queen’s state funeral, there are questions that some employers may be asking themselves. The government has said that there is no obligation to cancel events or close entertainment venues during this period of national mourning and that those decisions are up to individual organisations.

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Pre-employment Questionnaire: How to Successfully Weed Out Unqualified Applicants

Patriot Software

Sorting through applicants is no easy task. It takes a lot of time, energy, and patience. According to one source, approximately 78% of resumes contain misleading information. Chances are, you’ve likely come face to face with some dishonest applicants. To weed out unqualified applicants and hire the cream of the crop, take advantage of a […] READ MORE.

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Selling Your Business? FAQs on How to Maximize Value

Anders CPA

Most business owners have some idea as to what their business is worth but may not have reliable data on which to base this opinion. We often find the assumptions owners use, including “rules of thumb”, to be unreliable and sometimes unrealistically high compared to what a buyer may pay – and remember, there must be a buyer. One focus for many business owners when they decide to sell is to help fund their retirement.

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Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses

Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions. Our whitepaper reveals seven must-know facts about instant payments, offering to help you navigate this financial revolution effectively.

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Everything You Need to Know About New York PFL

Patriot Software

When you become an employer, part of your responsibilities include handling payroll taxes. On top of remitting taxes, you also might employ workers in a state with a paid family leave program, such as New York. If you have employees who work in New York state, you need to learn about the New York PFL […] READ MORE.

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The majority of financial services professionals are only ‘somewhat confident’ in their anti-money laundering procedures

Accounting Insight

The majority (57%) of financial services professionals are only ‘somewhat confident’ in their anti-money laundering procedures. That’s according to a survey from anti-money laundering tech scaleup, First AML , which surveyed 200 financial services professionals across the UK. The survey found that 52% of respondents have identified an instance of money laundering in the last year, with 23% identifying more than one.

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What Is Form W-2?

Patriot Software

As a small business owner, you should be able to answer “What is a W-2 form?” A W-2 form is a crucial document that reports an employee’s annual taxable wages and the amount of tax withheld from wages. Continue reading to learn more about what is a W-2, who gets a W-2, what information it […] READ MORE.

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Meet the Brand: Telleroo

Accounting Insight

Introducing Telleroo to our ‘Meet the Brand’ series. Telleroo automate supplier and payroll payments for accountants, bookkeepers, VCFOs and their clients through their bulk payments hub. Discover out a bit more about them, before visiting their stand at Accountex Summit Manchester in October! What do you do? We automate supplier and payroll payments for accountants, bookkeepers, VCFOs and their clients through our bulk payments hub.

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How CPA Firms Can Profit From Payroll Services Without the Extra Work

"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.