CPA Practice

JANUARY 23, 2024

The Internal Revenue Service says it is working on the Simple Notice Initiative, a sweeping effort to simplify and clarify about 170 million letters sent annually to taxpayers. Part of the larger transformation work taking place at the IRS with Inflation Reduction Act funding, the Simple Notice Initiative will build off redesigned notice efforts in place for the 2024 tax season and expand on a recent successful pilot involving identity theft letters.

tax return 122

tax return Tax 122

TaxConnex

JANUARY 23, 2024

Sales and use tax generally applies to the sale or use of tangible personal property and certain services. Since software, and especially Software-as-a-Service, may not be delivered in a tangible form, many technology and software companies have considered themselves exempt from sales and use tax. But this is not always the case. In fact, many states impose sales and use tax on services provided by the technology industry.

Sales 187

Sales Tax Washington Technology 187

BurklandAssociates

JANUARY 23, 2024

Tax deadlines for startups in 2024, including federal filing dates and key dates for San Francisco, New York, and Seattle. The post Tax Deadlines for Startups in 2024 appeared first on Burkland.

Tax 170

Tax New York 170

Accounting Today

JANUARY 23, 2024

The Internal Revenue Service unveiled a Simple Notice initiative Tuesday to review, redesign and deploy hundreds of its notices, starting with the most common ones.

Tax 128

Tax 128

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

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

Going Concern

JANUARY 23, 2024

Looks like our invitation to the big party got lost in the mail. On Saturday, January 20, Plante Moran celebrated 100 years in business, a milestone few organizations reach. Since its founding in 1924, the firm has grown from a sole accounting practitioner in a Detroit office to a billion-dollar audit, tax, consulting and wealth management firm with more than 3,800 professionals serving clients around the globe.

tax consultant 113

tax consultant accounting firms audit Account 113

CPA Practice

JANUARY 23, 2024

In a news release today reminding taxpayers that they once again must answer a digital asset question and report all digital asset-related income when they file their 2023 income tax return, the IRS noted that it has included a crypto question on four additional tax forms ahead of filing season. The tax agency said on Monday that it has reworded the question that had already appeared at the top of Form 1040 , Individual Income Tax Return ; Form 1040-SR , U.S.

tax return 111

tax return Tax income tax Non-Profits 111

CPA Practice

JANUARY 23, 2024

Patriot Software, a national accounting and payroll software company, has released its inaugural Small Business Payroll Index , which will be published monthly. This index represents the monthly percentage change in the number of workers who were added to or removed from Patriot’s payroll software. “I love this index report because it gives me a super simple visual of the rate at which U.S. small businesses are either adding or eliminating workers,” says Patriot Software’s CEO, Mike Kappel.

payroll 106

payroll Account accountant accounted 106

Withum

JANUARY 23, 2024

Withum’s 5th Annual Healthcare Symposium was held virtually on December 6, 2023. The event featured a keynote presentation from Lori Herndon , retired CEO and President of AtlantiCare Health System and 3 panel sessions with healthcare industry experts on key topics to put your organization in a position of strength in today’s market, including mergers and acquisitions, financial considerations and innovation including AI.

Healthcare 105

Healthcare New Jersey Hospitality Washington 105

Accounting Today

JANUARY 23, 2024

Global fee income for accounting and audit services increased 15% to $3.6 billion, while RSM's tax revenues jumped 17% to $2.6 billion.

audit 117

audit Tax Account accountant 117

Insightful Accountant

JANUARY 23, 2024

A recent report from BILL, the Accounting Firm Hireability Index, highlights what small and medium-sized businesses (SMBs) are looking for when choosing and retaining their accountants.

accounting firms 103

accounting firms Account accountant accounted 103

Advertiser: Paycor

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

CPA Practice

JANUARY 23, 2024

By Michael Grothaus, Fast Company (TNS) Just before the 2024 tax filing season kicks off in earnest, the Federal Trade Commission (FTC) has issued a final order ruling that Intuit’s popular TurboTax software can no longer be advertised as being “free,” which the regulatory body yesterday said was “deceptive advertising.” The FTC said Intuit’s advertising was deceptive because the software wasn’t free for all users, thus Intuit “deceived consumers when it ran ads for ‘free’ tax products and serv

Tax 98

Tax 98

Going Concern

JANUARY 23, 2024

With all the AI buzz dominating headlines these days , we almost forgot how much firms enjoy talking about purpose. Allegedly this is something very important to millennials, or it was when we started entering the workforce 20+ years ago but now that we’re old and codgery it’s been pinned on Gen Z. Gen Z doesn’t work for money, they work for purpose.

Hospitality 95

Hospitality Start-ups Gaming 95

Accounting Today

JANUARY 23, 2024

An inside look at the Tax Relief for American Families and Workers Act of 2024 as it works its way through Congress.

Tax 115

Tax Finance 115

Going Concern

JANUARY 23, 2024

That’s loonies as in Canadian dollars, not crazy people. Those are all still here on Earth. In case you didn’t know, a space race is underway. Not the one that put men on the moon, the one in which global accounting firms figure out how to bill for activities in and around the great beyond. It appears Deloitte is leading the charge (pun intended), though EY is making moves too.

Government 85

Government accounting firms Account accountant 85

Advertisement

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

Accounting Today

JANUARY 23, 2024

The Federal Trade Commission issued an order forbidding Intuit from describing its TurboTax software as free in any of its promotional materials unless the product is free for everyone.

Technology 88

Technology Tax 88

CPA Practice

JANUARY 23, 2024

Networking is essential for every accountant, and in the digital age, it’s easier than ever to make valuable connections in the field. While in-person events and meetings are still effective ways to network, many professionals are taking advantage of online networking opportunities. In fact, 40% of professionals say they network more online than in person.

Account 73

Account accountant accounted B2C 73

Accounting Today

JANUARY 23, 2024

The Financial Accounting Foundation has overhauled the website for the Financial Accounting Standards Board, with new websites in the works for the Governmental Accounting Standards Board and the FAF itself in the weeks ahead.

accounting standards 71

accounting standards financial accounting Account accountant 71

CPA Practice

JANUARY 23, 2024

By Kelley R. Taylor, Kiplinger Consumer News Service (TNS) If you received an Arizona child tax rebate last year, you will have to report that amount on your federal income tax return. The IRS has classified the rebate payments as taxable income, meaning some Arizona families might have to pay taxes on the money they received. The Arizona Department of Revenue recently confirmed this news about the Arizona Families Tax Rebate.

Arizona 69

Arizona Tax income tax tax return 69

Advertiser: Paycor

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.

Xero

JANUARY 23, 2024

Xero provided a Briefing to Incoming Ministers (BIM) (Hon Nicola Willis, Hon Judith Collins, Hon Melissa Lee, Hon Andrew Bayly, and Hon David Seymour) in late 2023 which was focused on the challenges our small businesses face and the crucial role the government can play in driving solutions. Small businesses play a fundamental role in supporting our local communities, fostering innovation and driving productivity.

Government 68

Government Finance Technology 68

Accounting Today

JANUARY 23, 2024

In the year since a 25 billion reais ($5 billion) accounting fraud scandal erupted at his former company and tarnished the reputation of its billionaire shareholders, the Rio de Janeiro native has relocated to Spain while Brazilian investigators continue their probe.

Account 66

Account accountant accounted audit 66

CPA Practice

JANUARY 23, 2024

A new report shows continued changes to economic nexus and marketplace facilitator laws in the U.S. and the expansion of e-invoicing globally in 2024, both of which will lead to the likelihood of increase sales tax audits. The Avalara Tax Changes Report covers tax changes across the U.S. and internationally, as well as specific changes in key industries, including beverage alcohol, communications, energy, lodging, manufacturing, retail, and software.

audit 65

audit E-commerce Sales South Dakota 65

Accounting Today

JANUARY 23, 2024

Archer Daniels Midland stunned the agricultural trading and processing world with its bombshell that its CFO is on leave pending an investigation into accounting practices.

Agriculture 66

Agriculture Account accountant accounted 66

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.

CPA Practice

JANUARY 23, 2024

Have you been over to the Financial Accounting Standards Board’s (FASB) website lately? If not, it has a new look. The redesigned FASB website—launched by the Financial Accounting Foundation (FAF), the body that oversees the FASB and the Governmental Accounting Standards Board (GASB)—features streamlined navigation, a simpler menu structure, more attractive and intuitive design, a stronger search algorithm, and more prominent placement of the most important information stakeholders are looking t

accounting standards 65

accounting standards Legal financial accounting Account 65

Accounting Today

JANUARY 23, 2024

Among others, Enrolled Agents with Social Security numbers ending in 7, 8 or 9 must renew with the IRS by Jan. 31.

tax preparation 87

tax preparation Tax 87

CPA Practice

JANUARY 23, 2024

Oracle is introducing new capabilities to Oracle Fusion Cloud Enterprise Performance Management (EPM) that, when paired with Deloitte’s implementation services, can help multinational organizations as they manage upcoming Organization for Economic Co-operation and Development (OECD) Pillar Two tax requirements. The combination of both offerings can help finance leaders simplify complex tax processes and reporting and achieve better alignment between finance, sales, and taxation through end-t

general ledger 59

general ledger Technology Finance Tax 59

Cherry Bekaert

JANUARY 23, 2024

Navigating the world of grants is challenging. From finding the right grant for your organization to tracking its progress and closing it out is, grant management can be a burden. While it’s rewarding to receive an award, the excitement can fade if the strain on resources and financial burden outweighs the award itself. Join Nicky Lettini and Kat Kizior to gain insight into what to ‘know before you go’ for a grant including grant readiness, grant structure, and indirect cost.

59

59

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

Technology

Anders CPA

JANUARY 23, 2024

As more companies embrace hybrid and remote workforces , protecting proprietary data and user devices becomes critical. While hackers and other cybercriminals continue to unleash destructive cyber-attacks on unsuspecting businesses, a new era in cybersecurity paired with an increasingly remote and hybrid workforce has left some companies unprepared.

CPA 59

CPA Technology 59

Withum

JANUARY 23, 2024

Kathy Ruggieri from Withum’s Healthcare Advisory Team discusses in this on-demand webinar how advancements in technology have dramatically changed the process, workflow, and efficiency of the current day revenue cycle resulting in a positive impact on the consumer. Already Registered? Click Here View On-Demand Webinar Learning Objectives: Identify the tools and software that are available in the marketplace Assess how technology can create a more efficient and accurate revenue cycle Describe how

Technology 52

Technology Healthcare 52

Insightful Accountant

JANUARY 23, 2024

In order to provide time for ProAdvisors from around the world to participate in this first year's International ProAdvisor Awards, Insightful Accountant is extending the associated deadlines for International ProAdvisor Nominations and Applications.

Account 52

Account accountant accounted 52

Reckon

JANUARY 23, 2024

When it comes to running a small business, organising your finances is utterly crucial to success. Not only that, when you do it right, all other aspects of running a business become that much easier and more manageable. Here’s some key steps to help you manage and organise the financial aspects of your small business. Create a proper business budget and stick to it This may sound obvious, but it’s surprising how many small businesses don’t budget effectively and then wonder where their money we

Finance 52

Finance accounting and finance bookkeeping accounting software 52

Advertiser: Paycor

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.