Tue.May 10, 2022

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The Ultimate Guide to the Accounts Payable Process

Snyder

Whether you’re a small business owner or a manager within an international enterprise, keeping track of your spending and payments is an essential part of running a successful company. Keeping track of your finances may become complicated when working with multiple partners, businesses and suppliers. It’s also non-stop. As soon as one set of invoices has been dealt with, the next ones seem to pile up.

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What’s new: state sales and use taxes

TaxConnex

There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates. Florida sales tax exemptions on hurricane-preparedness items may soon encompass purchases of pet food, thanks to the lobbying of a local Girl Scout troop. Alabama ?has become the second state this year to expand its sales tax exemption involving gold and silver.

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Trending Sources

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International tax enforcement chiefs target NFTs and DeFi for tax fraud

Accounting Today

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Debits and Credits 101: Definitions & Example

Patriot Software

In accounting, there’s one thing you can’t ignore: how debits and credits work. To keep accurate books, you need to learn and understand the difference between a credit vs. debit. Otherwise, your books will wind up unbalanced and sloppy (and no business owner wants that!). To get to know debits and credits in accounting like […] READ MORE.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Free Knowledge Growth Webinars

Withum

I am scheduled to present four free webinars primarily for CPAs, but anyone in business that uses financial statements might also find them interesting and insightful. Also, I am presenting an IRA/401k webinar for the general public and not accountants or tax professionals. Here is my schedule with brief descriptions. All webinars are 1-hour, and the times are Eastern time zone.

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Patriot Announces Exclusive Partnership With Vestwell, Offering Affordable Retirement Plans for American Businesses

Patriot Software

Canton, OH Patriot Software, LLC, a leading accounting software and payroll provider, today announced an exclusive partnership with Vestwell to offer 401(k) plans with seamless payroll integration. Vestwell is the modern fintech engine powering savings and investment programs for small businesses and individual savers across the country. Patriot, powered by Vestwell, will offer 401(k) plans […] READ MORE.

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More Trending

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Armanino to merge in Drucker & Scaccetti

Accounting Today

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Things Are Getting Spicy Between PwC UK Employees and Lord Sugar

Going Concern

After being called “lazy gits” in a tweet last Friday by British businessman, entrepreneur, and TV show host Lord Alan Sugar, who reacted negatively to PwC UK announcing that it would allow employees to take Friday afternoons off from June to the end of August, we were curious to see if any PwCers across the pond would respond to Lord Sugar’s rant. While the firm hasn’t responded, a handful of PwC employees have on LinkedIn.

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New Treasury proposal would hammer wealthy investors using clever tax strategies

Accounting Today

Tax 98
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Small businesses reeling from the emotional impact of the pandemic need support

Xero

The shops are open, the high street is buzzing, and the pubs, bars and restaurants are filled once again with happy customers. Make no mistake, this is good news. Signs of economic recovery – tempered by the cost of living crisis and other pressing challenges – are at least offering green shoots of hope. But the pandemic isn’t over. From lateral flow tests the morning of a big meeting, to the heightened awareness of every cough or sore throat, to the number of masked faces in the supermarket, we

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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IRS adds post-season in-person help on Saturday

Accounting Today

Tax 98
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What is Superfund? How to prepare and comply

ThomsonReuters

What is Superfund? After more than 25 years, excise taxes on a specified list of chemicals and imported hazardous substances in the U.S. have been reinstated through the passing of the Infrastructure Investment and Jobs Act signed into law on November 15, 2021. The excise taxes, effective July 1, 2022, and the complexities around how they are levied pose serious challenges for companies that import, manufacture, produce, sell, or use any of the 42 taxable chemicals, and 150 listed substances, i

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The driving foundation of economic incentives

Accounting Today

Tax 98
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10 questions every advisor should prepare for this EOFY

Xero

This is a guest post by Andrew Van De Beek, Founder and Head of Purpose at Illumin8 – a Xero Platinum Partner and XPAC member. . For those of us in advisory, ‘quick questions’ from clients are part and parcel of what we do. But if your practice is anything like mine, the number of enquiries at EOFY – and subsequently, the time it takes to respond to all of them – skyrockets.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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As prices rise, execs look towards 'self-serve' analytics

Accounting Today

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Authenticity Sells in Accounting

Accounting Web

Practice Excellence Authenticity Sells in Accounting.

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ConvergenceCoaching adds video series on personal remote work management

Accounting Today

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T1134 Information Return Relating to Controlled and Non-Controlled Foreign Affiliates

DMCL

Canadian resident taxpayers who own shares of non-resident corporations are generally required to file a T1134 information return if the non-resident corporation is a “foreign affiliate” of the taxpayer. A one-time exemption from filing may be available for the year in which an individual immigrates to Canada. New Form, Filing Deadline, and Disclosures.

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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

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Creating the employee experience

Accounting Today

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IS YOUR Transport & Logistics COMPANY MISSING OUT ON R&D TAX RELIEF?

Menzies

Menzies LLP - A leading chartered accountancy firm. The definition of R&D is much broader than many businesses imagine and despite less than 1% of all R&D claims being made by businesses in the Transport and Logistics sector, we have made a number of claims for our clients in this sector and believe many businesses are still missing out. Download our pdf version.

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In the blogs: High anxieties

Accounting Today

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Considering Starting a Restaurant? Here’s What You Need to Know

Anders CPA

Whether you’re a new owner or considering a second location, expanding within the foodservice industry is an exciting decision, but it also comes with several items to navigate. Below are a few first steps any restaurant owner should think about before opening their doors for the first time. Find Trusted Advisors. One of the most crucial steps to starting any business is to make sure you surround yourself with the best advisors that suit your needs.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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Payroll Sponsors at Scaling New Heights 2022 (Part 1)

Intuitive Accountant

In his first installment of a two-part series, Murph takes a deep dive into some of the Payroll App/Software sponsors at 'Scaling New Heights 2022' in Orlando, Florida.

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‘Long live the Accountant’ at Accountex London

Accounting Insight

The co-founder of one of the most forward-thinking accountancy firms in the UK will be sharing her top tips with fellow professionals at one of Europe’s largest annual business event. Bev Wakefield, of award-winning Vibrant Accountancy, is one of the guest speakers at the Accountex conference which takes place at the ExCeL in London from May 11-12. The event returns to ‘in-person’ after a two-year hiatus due to the coronavirus pandemic and is a chance for professionals in the accountancy and fin

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Top 100 ProAdvisors Laud Importance of Practice Efficiency

Intuitive Accountant

We recently asked our Top 100 ProAdvisors a few questions about their business practices. Here's a look at how they remain productive and grow as a practitioner.

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Top Refunded Products Report: a Short Overview

Snyder

What is the Top Refunded Products Report? Refunds are a part of running an eCommerce website. Regardless if a customer returns an item because it was the wrong product or it was damaged, it’s important to keep track of the number of returns for each good. With the Top Refunded Products Report, it’s now easier to see which products have the highest refunds — allowing you to investigate further and create plans to decrease the number of refunded products.

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How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.

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Patriot Inks Exclusive Partnership with Vestwell

Intuitive Accountant

The accounting software and payroll provider partners with leading fintech company to offer 401(k)s with seamless payroll integration.

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Products Most Purchased Together Report: a Short Overview

Snyder

What is the Products Most Purchased Together Report? It can be tough to keep track of which products customers tend to purchase together. In order to understand your customers and their habits, you need to know what they like to buy together. Whether it’s a single item that’s part of a larger purchase or a set of related items, you can leverage your analytics to get to the bottom of it.

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Tax Season is Over. Now What?

Intuitive Accountant

See why Top 100 ProAdvisor Kelly Gonsalves says it is time to reassess your success with an after-action review.

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Hot Synder Reporting Feature: Keep Track of Your Business Analytics

Snyder

Have you ever wanted your accounting to help not only with bank reconciliation, but also with learning about your customers and your business performance in general? Then we’re happy to introduce the new Synder reporting feature — Business Insights ! The Business Insights feature is a set of instantly generated reports based on data that Synder captures from connected ecommerce platforms and payment gateways, such as sales, customers, products, payment processing fees, etc.

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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.