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Several recent court cases show how tricky the legal system can be for online sellers managing sales tax obligations. Lack of energy. The Washington Department of Revenue upheld a retail sales tax assessment on a taxpayer who failed to collect retail sales tax on sales to a renewable energy company. The taxpayer claimed to believe that that the energy company qualified for the exemption, but the statute provides that the purchaser must claim the exemption by requesting a refund for retail sales
When the products and features you use aren’t working as they should, we know it’s really important to be able to access information about what’s happening and why quickly. We’ve recently made some changes to the way Xero’s status page works for that reason, to ensure the information you receive is more consistent, accurate and valuable. Now, when you access Xero’s status page, things will look a little different in both how the information is grouped, as well as the content of the update itself
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.
Insightful Accountant announced the 2022 Category Award winners and the ProAdvisor of the Year at this year's 'Scaling New Heights.' Diane Gilson was named the 2022 ProAdvisor of the Year.
You and your employees spend all day providing the best IT services possible to your customers. The day-to-day grind makes it difficult for you to find the time to focus on working on the back end of your business by making sure your financial accounts are up to date. But doesn’t your business deserve the same high caliber of service for maintaining your books?
You and your employees spend all day providing the best IT services possible to your customers. The day-to-day grind makes it difficult for you to find the time to focus on working on the back end of your business by making sure your financial accounts are up to date. But doesn’t your business deserve the same high caliber of service for maintaining your books?
The key to making Xero Accounting Online work is ensuring your account is correctly set up and maintained. Perhaps you own a service and repair firm specializing in plumbing, electrical, HVAC, or maybe a handyman service or someone who does small construction projects that last from a few hours to a few days, and you only need to give your customer or client one invoice?
Xerocon London 2022 is almost here, and I can’t wait to see you all during my first time at this amazing event. After a long break, we’ll be back with a bang – even if this year will be a little different, with an iconic new venue, a height-of-summer date, and even more to look forward to. . But what will remain the same is the incredible sense of community, care and collaboration that the event has always inspired.
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.
The unfortunate reality of things right now is that businesses across the board might need to raise their prices. Inflation’s increasingly pervasive effects, as well as continued supply shortages, demand that pricing models change – or at least be re-evaluated. And while everyone “gets it” that prices are rising everywhere, the customer still may be unhappy about it… and tempted to seek out cheaper alternatives.
Financial Times is reporting that across-the-pond regulators at the Financial Reporting Council have written a letter to CEOs at seven audit firms requesting details on how the firm prevents staff from cheating on professional exams. This comes after the SEC fined EY $100 million for cheating on CPE and CPA licensure ethics exams , KPMG’s dual cheating scandals in 2019 , PwC Canada phoning it in on internal exams because ain’t nobody got time for that, and KPMG Australia getting fine
Doing payroll may not be your favorite part of running a business. If you haven’t yet, the first step is to learn how to set up payroll. It can be quite bureaucratic juggling all these forms—whether it’s a W-2, W-9, W-4, or something else—and by the end, you might not even know where to start. . Not only do you have to calculate wages, but you must also account for employment taxes—income, Social Security and Medicare.
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.
Saw this on Reddit this morning, good thing I grabbed it before it got deleted just like this Sr. Manager’s career. Text of the original post transcribed below: I’m a Manager, a Sr. Manager is leaving me profanity / border line insulting review comments – what to do. First time working with this guy and i am getting review comments like “this is f **g garbage” – referring to a sentence.
“There is a time for departure even when there’s no certain place to go.” – Tennessee Williams. Here’s a Friday Flashback post from last year. It is a tongue-in-cheek look at partner sabbaticals. Some days, in dealing with your other partners, you might wish this was true. Click here. Have a great weekend!
As a business owner, you obviously don’t run a business for the sake of running a business. You have specific goals in mind, the achievement of which would determine success for you and your team. So you must be able to track and measure your business performance against those goals to see whether you’re moving in the right direction. At this point, you usually rely on the business data you possess.
Back in May Australian Financial Review reported that 12 of the 422 KPMGers who took part in systemic exam cheating would be put through the Chartered Accountants ANZ individual disciplinary process. That process has now concluded. Here’s the update from CA ANZ : Chartered Accountants Australia and New Zealand (CA ANZ) takes all allegations of academic misconduct, including cheating, seriously, and all instances that come to our attention are reported to the Professional Conduct Committee.
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.
If you’re an e-commerce business owner, chances are you’ve considered using Shopify as a platform to sell your products. Shopify is one of the most popular e-commerce platforms available, and for good reason–it’s user-friendly, has a ton of features, and is relatively affordable. But before you can start selling on Shopify, there are a few requirements you must meet.
It’s no secret that prices are on the rise. Inflation or not, rising costs are common in business. And as an accountant, you likely have partners (e.g., a payroll partner), office space, equipment, and other expenses that are prone to price increases. So, what do you do if you’re hit with a price increase? You […] READ MORE.
PwC partner accused of rating female staff leaves firm [ Australian Financial Review ] A PwC partner who allegedly held male-only events with colleagues where they rated the attractiveness of women in their office and visited strip clubs has left the firm. Audit watchdog to overhaul UK corporate governance code [ Financial Times ] The UK’s corporate governance code will be overhauled for the first time in four years with new rules to make boards more responsible for fraud and their company’s fin
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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