Wed.Jun 01, 2022

article thumbnail

FP&A is the MVP of your organization

Accounting Today

article thumbnail

Tax Service Firm in Norwalk, California

MyIRSRelief

Are you in need of a tax service provider? We can help you resolve your tax service issues. Your problem will not be solved by paying interests, fines and fees. You need to seek help from a professional tax service provider. You need someone to help you in terms of business bookkeeping, tax preparation, tax planning and even with tax controversy. We can also give assistance when it comes to IRS audit help.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Inflation and Supply Chain Disruptions Can Increase Your Business’ Tax Bill

Withum

Over the past two years manufacturers and resellers have struggled to maintain inventory levels due to global supply chain issues, and now are facing the highest inflation rates since 1981. Unfortunately, a deteriorated supply chain and increased inflation most likely will increase the tax bill for businesses that use the LIFO method of accounting. It is not uncommon for businesses to utilize First-In-First-Out (“FIFO”) for internal reporting purposes but use the Last-In-First-Out (“LIFO”) metho

article thumbnail

Welcoming our new US Xero Partner Advisory Council (XPAC) members

Xero

Xero continues to grow in the US and Canada, and it’s important that we continue to seek feedback from our partners and advisors on how best to meet their needs. We recently hosted our US Xero Partner Advisory Council (XPAC) meeting in Denver to hear from our valued accounting and bookkeeping partners about what matters most to them. Our XPAC members provide crucial insights and advice, and help inform us on the issues and challenges they’re seeing in the accounting industry.

article thumbnail

How to Build the Ideal HR Team

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.

article thumbnail

When Is the Right Time to Leave Public Accounting?

Going Concern

When I started in public accounting, one of the audit partner s I worked with shared the elevator metaphor: working in public accounting is like riding an elevator—the longer you stay on, the higher up you will go. When should you leave? The go-to response from all partners at every firm ( stay until manager ) is probably the biggest load of horseshit they will ever try to sell you—although “ one year here is the same as two or three in industry ” and “I had to do that, so you should, too” are c

article thumbnail

Untangling Issues Related to State Tax Withholding for Remote Employees

Patriot Software

Before the pandemic, fewer than 6% of Americans worked from home. But by the end of 2022, experts project that number will increase to 25%. So, there’s some bad news: The confusion around state tax withholding for remote employees is going to stick around—at least for the short term. We know that withholding taxes can […] READ MORE.

Tax 84

More Trending

article thumbnail

Five Things You Can Do THIS WEEK for Better Power Platform Governance and Reporting

Withum

Governing your Power Platform implementation is critical to assure that citizen developers can innovate quickly and securely in a scalable way. There’s a lot to consider, and getting started with Power Platform governance can be daunting, especially for small and medium-sized businesses (SMBs) with limited IT resources. The good news is there are a few simple things you can do right now to get started, even if you aren’t ready to implement some of the more advanced Power Platform governance step

article thumbnail

Rising Interest Rates’ Impact on Accounts Receivable

Lockstep

As the Federal Reserve tightens interest rates at the highest level in over 20 years, it’s a good time to review your manual accounts receivable (AR) processes to seek out your unresolved cash traps. Even with rates on the rise, bank lending is accelerating faster than in recent years. It’s no surprise that rising interest rates are causing companies to evaluate their AR and cash position. .

Account 75
article thumbnail

Happy Forvis Day!

Going Concern

It’s official: Today’s the day BKD and DHG become Forvis. Today is a historic day as we begin serving clients as a top 10 professional services firm. Learn more from @FORVIS CEO Tom Watson and Chair Matt Snow: [link] pic.twitter.com/JcFMcz5xLD. — FORVIS (@FORVIS) June 1, 2022. We hope everyone at Forvis has a great day being their whole, true forward vision selves.

article thumbnail

Happy Pride Month!

DMCL

On behalf of the DMCL team, we’d like to wish all our clients, friends and family a happy Pride Month as we celebrate and uplift those in our lives who identify as part of the LGBTQ2S+ community. Today and every day, DMCL is committed to fostering an inclusive workplace and culture where our staff can feel safe, supported and free to be their authentic selves.

52
article thumbnail

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.

article thumbnail

Press Release: Keith Hamasaki, CPA, Named President of CalCPA Los Angeles Chapter

KROST

Los Angeles, California – May 7, 2022 – KROST’s Assurance and Advisory Principal, Keith Hamasaki, CPA , has been elected President of the California Society of Certified Public Accountants (CalCPA) Los Angeles Chapter. Keith has served as a board member for the CalCPA LA Chapter since 2015 and has gained years of experience through his roles as Secretary and Vice President.

CPA 52
article thumbnail

Happy Pride Month!

DMCL

On behalf of the DMCL team, we’d like to wish all our clients, friends and family a happy Pride Month as we celebrate and uplift those in our lives who identify as part of the LGBTQ2S+ community. Today and every day, DMCL is committed to fostering an inclusive workplace and culture where our staff can feel safe, supported and free to be their authentic selves.

52
article thumbnail

You Know Things Are Bad at EY When Its US and Global CEOs Are Beefing

Going Concern

Kelly Grier. We now know the reason, courtesy of the Financial Times , why Kelly Grier decided not to seek a second term as EY US chair and managing partner and Americas managing partner. Apparently there’s no love lost between her and Carmine Di Sibio, EY global chairman and CEO. FT reported today : The head of EY’s US business quit the big four accounting firm after a power struggle with its global boss, underlining the tensions between the group’s competing fiefdoms as it considers a radical

audit 52
article thumbnail

June 2022 Summit CPA Employee Spotlight: Rob Semos

Summit CPA

As a distributed company , not only do we serve our clients remotely, but our team members work remotely as well. We understand the accounting, bookkeeping, cash flow management, and tax nuances of running a distributed company. We pride ourselves on our ability to provide the highest quality Virtual CFO services and 401(k) audits while working remotely with (and for) our customers, and we couldn't do any of it without our amazing team.

CPA 52
article thumbnail

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

article thumbnail

Crypto crater prompts new tax headaches

Accounting Today

Tax 128
article thumbnail

Small Business Heroes Honored

Intuitive Accountant

The inaugural celebration by Intuit QuickBooks and Mailchimp caps off the Small Business Success Month festivities by awarding three small businesses with $20,000 each.

article thumbnail

IRS tries to boost audit rates of wealthy

Accounting Today

audit 122
article thumbnail

Why You Should be Using Accounting Workflows

Intuitive Accountant

FFP Wealth Management's John Graziano shows you how when properly organized and managed, workflows can help your team complete tasks and projects more efficiently.

Account 52
article thumbnail

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.

article thumbnail

IRS looks for deputy chief taxpayer experience officer, contact reps

Accounting Today

article thumbnail

Cloud & Information Tech Sponsors at Scaling New Heights 2022 (Part 3)

Intuitive Accountant

Here's Murph with more in the way of Information Tech Sponsors at this year's conference. Remember to say a special hello to the first time exhibitors.

52
article thumbnail

Internal conflict over tech imposes hidden costs

Accounting Today

article thumbnail

Enjoy This Summer - With Caution

Intuitive Accountant

As the father of two teen drivers, I felt compelled to share some of these stats from a press release I received from AAA.

52
article thumbnail

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.

article thumbnail

Help Them Succeed

RitaKeller

“Our chief want in life is somebody who will make us do what we can.” — Ralph Waldo Emerson. For years now, many CPAs in public practice have lamented that they have no one to replace them. One of the main reasons that these firms do not have young partners who will pay their retirement is the fact that the older partners did not help them… enough. Partners tend to cling to clients as long as possible.

cpas 45
article thumbnail

Marcum merges in LTSP

Accounting Today

101
101
article thumbnail

BKD and DHG complete merger, unveil Forvis Wealth Advisors

Accounting Today

98
article thumbnail

Grant Thornton honors LGBTQ+ organization with Purple Paladin

Accounting Today

98
article thumbnail

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.