BurklandAssociates
FEBRUARY 1, 2021
A new tax season is underway, and Burkland’s startup tax accountants are working with our clients to prepare. In this article, we share a roundup of helpful 2021 tax preparation Read More. The post Startup Tax Preparation Resources for 2021 appeared first on Burkland.
MyIRSRelief
FEBRUARY 1, 2021
Tax Resolution Services. Los Angeles-Long Beach-Santa Ana Metropolitan SoCal area. Local tax helpline 877-78-TAXES [877-788-2937]. Continue reading ›.
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PYMNTS
FEBRUARY 1, 2021
The Interstate Technology & Regulatory Council (ITRC) released new data on the state of cyberattacks and data breaches with some surprising news: data breaches were actually down in 2020 year-over-year. But the findings aren't necessarily cause for optimism, warns ITRC President and CEO Eva Velasquez. “While it is encouraging to see the number of data breaches, as well as the number of people impacted by them, decline, people should understand that this problem is not going away,” she said i
ThomsonReuters
FEBRUARY 1, 2021
The December 2020 numbers from the U.S. Bureau of Labor and Statistics (BLS) on national unemployment noted that 45 states and the District had jobless rate increases from one year earlier, no doubt due to the coronavirus (COVID-19) pandemic. States like California, Hawaii and Nevada registered unemployment rates at or above 9% in December 2020 and throughout the pandemic many other states suffered record-high unemployment rates rendering the state’s unemployment trust fund insolvent.
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PYMNTS
FEBRUARY 1, 2021
Although the U.S. healthcare system is lauded for providing the best, most advanced care in the world, when it comes to the payments practices being used with much of that industry, honorable mention might be a more fitting rank. This, despite the fact that consumers are not only accustomed to modern, seamless payments in almost every aspect of their lives, but studies show 1 in 4 patients say they’d switch to another provider or doctor that offered more payment options and a better patient expe
Withum
FEBRUARY 1, 2021
Each year I assemble a file with my most helpful and useful checklists, and I make it available for free to colleagues. This year I am offering it in my blog.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
RitaKeller
FEBRUARY 1, 2021
“Life is a long lesson in humility.” – James M. Barrie. You are a leader in an accounting firm. You have worked very hard to reach the level of authority and responsibility that you now enjoy. You are now a partner. Congratulations, but beware! Things have changed. Some CPAs, climbing the ladder of success, believe that becoming a partner means they are off the hook.
PYMNTS
FEBRUARY 1, 2021
To get a sense of the present state — and future — of instant payments, look to Italy. It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. It’s a trend that has been encouraged by the Italian Banking Association, whose official role is to “represent, safeguard and promote the common and legitimate interests of its members, undertaking initiatives for the orderly, stable and efficient growth of the banking and financial sector i
PYMNTS
FEBRUARY 1, 2021
New year – and on Wall Street, perhaps the same bubble forming. No, not GameStop. You’d be forgiven if the tug of war between hedge funds and retail investors – and the soaring and swooning over GameStop and Dogecoin – would be top of mind in anticipation of a bubble taking shape that will, at some point, see either deflation or a pop. Perhaps also turn your gaze to special purpose acquisition companies, more commonly known as SPACs.
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.
SchoolofBookkeeping
FEBRUARY 1, 2021
Nothing is more frustrating than working diligently on a project and then sending your client an invoice only to wait and wait and wait. The fact is that getting paid is difficult sometimes. Some clients feel no sense of urgency. Read More. The post What To Do If Your Clients Don’t Pay You? appeared first on schoolofbookkeeping.com - Learn bookkeeping, accounting, QuickBooks, financial statements, and more.
PYMNTS
FEBRUARY 1, 2021
Data integration is climbing to the top of chief financial officers' priority lists. Automatically looping information across various financial platforms — including accounts payable (AP), accounts receivable (AR) and expenses — is critical to achieving a real-time view of cash positions and developing more accurate forecasts. When it comes to payroll, it may not seem that a steady, consistently timed outflow of cash to employees plays a prominent role in overall cash flow strategy.
Withum
FEBRUARY 1, 2021
One of the first things I read in the NY Times is the obituary column. It seems to have become a must-look-at part of the daily paper for me. I’ve noticed an increasing number of paid notices, some of which cost upwards of $10,000 and have been wondering, why?
PYMNTS
FEBRUARY 1, 2021
The global payments ecosystem is still in flux after a year of rapid changes caused by the pandemic, and instant payments are becoming more intriguing to consumers around the globe. One PYMNTS study found that 59 percent of United States consumers would use instant payments because of their convenience, for example. Roughly the same number would choose them for their primary virtue: speed.
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
PYMNTS
FEBRUARY 1, 2021
In today’s top payments news around the world, Grab said it has closed on a loan facility, while Getir announced on social media that it has come to London. Plus, European Union legislators have told four tech companies that they are willing to delay a potential hearing past its initially scheduled date. Singapore’s Grab Gets $2 Billion Loan Facility Amid IPO Speculation.
PYMNTS
FEBRUARY 1, 2021
Let’s rewind to January 2020, a couple of months before the world was turned on its head. If at that time, someone would have asked Citi Managing Director and Global Head of Domestic Payments and Receivables Anupam Sinha how long it would take for corporate treasury organizations to fully embrace digital , he said his answer would likely have been something along the lines of, “Don’t hold your breath.”.
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ThomsonReuters
FEBRUARY 1, 2021
Michael Mundaca has an insider’s perspective on the path ahead for the Biden Administration’s tax agenda as it’s buffeted by a divided Senate, the COVID-19 pandemic , and an economic downturn. As U.S. National Tax Department Leader at Ernst & Young LLP , Mundaca advises clients on how to advocate for sound tax policies and best meet their tax obligations.
PYMNTS
FEBRUARY 1, 2021
Smooth accounts payable and receivable processes depend on the ability to easily access, manage and interpret payments data, but complex workflows and old-school tools can get in the way. Businesses receiving payments need to be able to match funds to the associated invoices or risk annoying clients with follow-up requests for money that has already been delivered.
PYMNTS
FEBRUARY 1, 2021
In today’s top retail news, Amazon Go stores in Seattle are reportedly being equipped with Amazon One palm-reading scanners, while automotive brands are taking control of digital purchasing platforms. Plus, fashion-based small and medium-sized businesses (SMBs) are getting a new marketplace option. Amazon Expands Palm Biometrics In Seattle . Three additional Amazon Go stores in Seattle are reportedly being equipped with Amazon One palm-reading biometric scanners.
PYMNTS
FEBRUARY 1, 2021
Three more Amazon Go stores in Seattle are being equipped with Amazon One palm-reading biometric identification scanners, Geekwire reported on Monday (Feb. 1). The eCommerce giant is adding the palm scanning equipment to two more Seattle stores, bringing the total to eight. Amazon first launched the technology in September as an alternative to using a QR code or app to enter its automated Go stores. .
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PYMNTS
FEBRUARY 1, 2021
The Internet of Things ( IoT ) has ushered in a new era of the digital economy. Centered around breaking down silos, IoT technology not only encourages the digitization of everyday items like kitchen appliances and shipping containers, but also collects data from those products, centralizes that information, and introduces new opportunities for automation and analysis.
PYMNTS
FEBRUARY 1, 2021
Automotive brands are taking control of digital buying platforms by unveiling new experiences for the leasing, financing or purchasing of new vehicles amid the pandemic. Lexus , in one case, is testing a program that it says will provide customers with greater control over how they buy their vehicles, more clarity into present inventory and live pricing, and the “flexibility to shop when and how they want,” according to a Monday (Feb. 1) announcement.
PYMNTS
FEBRUARY 1, 2021
Ford and Google are partnering to launch Team Upshift, a six-year partnership intended to advance vehicle innovation and data-driven opportunities. “As Ford continues the most profound transformation in our history with electrification, connectivity and self-driving, Google and Ford coming together establishes an innovation powerhouse truly able to deliver a superior experience for our customers and modernize our business,” Jim Farley , president and CEO of Ford, said in a press release on Mond
PYMNTS
FEBRUARY 1, 2021
Special purpose acquisition companies, or SPACs , are now eyeing the Asian market for merger deals as they compete to finalize deals before their initial public offerings (IPOs) expire. SPACs, also known as blank-check companies, have become a popular vehicle on the U.S. market for taking private companies public. SPACs generally operate by raising money through an IPO and then entering into a business combination with a company with existing operations, often through a reverse merger.
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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.
PYMNTS
FEBRUARY 1, 2021
San Francisco-based Salesforce has officially launched its “Vaccine Cloud,” a technology package designed to help manage the rollout of the COVID-19 vaccines. The technology “will help government agencies, healthcare organizations, businesses, nonprofits and educational institutions more rapidly, safely and efficiently deploy and manage their vaccine programs,” the company said in a news release.
PYMNTS
FEBRUARY 1, 2021
We may be catching a glimpse of economic life beyond the pandemic. The Congressional Budget Office said on Monday (Feb. 1) that it sees gross domestic product (GDP) returning to pre-pandemic levels by the middle of this year. But it’ll take some time, as The Wall Street Journal noted , before we get back to the employment rosters seen before COVID-19 hit last year.
PYMNTS
FEBRUARY 1, 2021
Charities have become hard-pressed to meet recipients’ needs as financial distress grows during the pandemic. More consumers are struggling with food insecurity and unemployment, placing greater demand on food banks and other nonprofits. These organizations are finding it more difficult to effectively use traditional fundraising methods to fuel their services, however.
PYMNTS
FEBRUARY 1, 2021
Around the country, Restaurant Weeks — where select restaurants in a given city or town offer special menus and deals — are going COVID-friendly. For example, New York City has just extended its Restaurant Week To Go, an off-premises-only version of the event, for an additional four weeks, reported Eater. The program, originally set to run from Jan. 25 to 31, has been extended through the end of February, as restaurants continue to offer their special-edition lunches and dinners available for ta
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"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.
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