Accounting Today

OCTOBER 16, 2023

Stephen Vono and John Raspante of McGowan Pro look at the new areas that are sparking claims against firms — and the tools they can use to protect themselves.

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accounted accountant Account 130

MyIRSRelief

OCTOBER 16, 2023

When it comes to navigating the complex world of taxes, understanding deductions and credits is like having a secret treasure map to unlock potential savings. Tax deductions and credits are powerful tools that can help individuals and businesses reduce their tax liabilities, putting more money back in their pockets. In this comprehensive guide, we will explore a wide array of deductions and credits available to individual and business taxpayers, shedding light on the financial opportunities they

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Tax income tax Education tax return 130

Accounting Today

OCTOBER 16, 2023

The National Association of Enrolled Agents is asking the Internal Revenue Service to resume sending reminder notices immediately to non-filers and those with balances due of more than $10,000.

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Tax 135

CPA Practice

OCTOBER 16, 2023

By Nellie Akalp. Accountants are crucial for guiding clients through the various financial and administrative aspects of running a business. Tasks like meeting minutes might not be the most exciting part of running a business, but they are crucial for ensuring transparency, accountability, and legal compliance. As the year-end approaches, your business clients must ensure they have taken proper meeting minutes.

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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.

Account

Accounting Today

OCTOBER 16, 2023

The Internal Revenue Service is trying to leverage the extra funding to collect more taxes, but has spent surprisingly little so far.

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Tax 128

CPA Practice

OCTOBER 16, 2023

The projected gross tax gap—the difference between the total taxes owed to the federal government and how much is collected on time—increased to $688 billion for tax year 2021, the IRS said on Oct. 12. The new estimate reflects a rise of more than $192 billion from the prior estimates for tax years 2014 to 2016 and an increase of $138 billion from the revised projections for tax years 2017 to 2019.

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Going Concern

OCTOBER 16, 2023

Videoconference tech company Owl Labs has released its 2023 State of Hybrid Work report and boy is there a lot to cover. When Fortune wrote it up a few days ago , one item they chose to highlight is how much it’s costing workers to be back in the office: the average is $51 a day, $71 a day for workers with pets. The total, says Owl Labs, breaks down as follows: $16 – Lunch $14 – Commuting costs $13 – Breakfast/coffee $8 – Parking ($20 – pet care) Employees who work a hybrid schedule, the c

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Gaming 115

Accounting Today

OCTOBER 16, 2023

The Illinois governor's comments follow months of speculation over how Chicago Mayor Brandon Johnson plans to raise revenue to tackle the city's embattled finances.

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CPA Practice

OCTOBER 16, 2023

October 16 is this year’s deadline for taxpayers who requested additional time to file their taxes. Automatic extensions are available to virtually anyone who request it. This is often necessary for taxpayers who are still waiting on some documents before they can file their returns. However, taxes expected to be owed were required to be owed by the original April 18, 2023, deadline.

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Insightful Accountant

OCTOBER 16, 2023

As the last piece in our QuickBooks Desktop 2024 series, Murph is giving us another of his favorite feature picks or, as he likes to call them, "his favorite newbies.

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quickbooks 111

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.

Finance

Withum

OCTOBER 16, 2023

The number of cyber incidents within the healthcare industry has continued to increase, ranging from isolated incidents to targeted attacks that have grown in their material impacts. Hospitals and medical practices that fall victim to cyber-attacks can be left figuring out how to operate without their daily information systems. This has led to patientsreceiving incorrect medicine dosages, delayed operations, and diverted healthcare, such as ambulances being rerouted to other facilities, threaten

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GrowthForceBlog

OCTOBER 16, 2023

S ince 2000, the FDIC has recorded 565 bank failures in the United States. The number of bank failures peaked between 2009 and 2012 in the wake of the Great Recession.

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bookkeeping accounted Account accountant 104

Insightful Accountant

OCTOBER 16, 2023

The new resource for business leaders helps accountants share this quarterly workforce report with their clients looking for actionable insights to improve business operations.

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Account accounted accountant 102

Accounting Today

OCTOBER 16, 2023

Residents in 55 out of 58 counties have an extra month to file and pay.

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California Tax 99

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.

Finance

CPA Practice

OCTOBER 16, 2023

From Kiplinger Consumer News Service (via TNS). Retirement is a milestone many look forward to, marking the end of our working lives and the beginning of a new chapter. However, turning your retirement savings into a stable and sustainable income can be challenging. As life expectancies increase and pension systems continue to shift away from traditional plans and move towards consumer-saving plans like 401(k)s and annuities, smart strategies can help make your hard-earned money last a lifetime.

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Withum

OCTOBER 16, 2023

The number of cyber incidents within the healthcare industry has continued to increase, ranging from isolated incidents to targeted attacks that have grown in their material impacts. Hospitals and medical practices that fall victim to cyber-attacks can be left figuring out how to operate without their daily information systems. This has led to patients receiving incorrect medicine dosages, delayed operations, and diverted healthcare, such as ambulances being rerouted to other facilities, threate

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CPA Practice

OCTOBER 16, 2023

By Jeff Ostrowski, Bankrate.com (via TNS). Much to the chagrin of would-be homebuyers, property prices just keep rising. It seems nothing — not even the highest mortgage rates in nearly 23 years — can stop the continued climb of home prices. Prices increased once again in July, according to the latest S&P CoreLogic Case-Shiller home price index , with 19 out of 20 markets measured showing month-over-month gains.

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Reckon

OCTOBER 16, 2023

With the pandemic bringing forward the immense possibilities of working from home, Australia has been no slouch in adopting home businesses. With high-speed internet, tax incentives , ease of entry, and a wide range of possible start-up ideas, creating a home business has never been more accessible and plausible. All you have to do is get yourself an ABN, register as a Sole Trader and off you go!

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bookkeeping Retail Education Start-ups 97

Advertiser: Paycor

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.

inDinero Accounting

OCTOBER 16, 2023

Applying for an SBA loan can be a daunting task. The Small Business Administration (SBA) offers a variety of loan programs designed to help entrepreneurs get the financial support they need. Still, the information available makes it difficult to know whether or not an application is even likely to succeed. In this article, we’ll provide a snapshot of the minimum requirements for an SBA loan and a detailed overview of the documents you must submit to apply.

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Real Estate tax return Non-Profits income tax 92

Accounting Today

OCTOBER 16, 2023

The ACCA, IFAC and the INTOSAI Development Initiative are teaming up on guidance on sustainability reporting and assurance for the public sector.

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accounted Account accountant Government 80

Going Concern

OCTOBER 16, 2023

Good morning! It’s Monday again. And also October 16. Ugh. Well let’s do this I guess. Deloitte Netherlands Chief People and Quality Officer Rob Bergmans has quit. Last we checked in on the Dutch, it was KPMG that had gotten busted for cheating (See: Dutch KPMG Cheaters Might Get a Call From the PCAOB ), an event that claimed a couple of directors over there.

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accounted accountant Account audit 72

Accounting Today

OCTOBER 16, 2023

The telecommunications company replaced Deloitte as its auditor with KPMG International. The decision was questioned by shareholders.

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auditor audit accounted Account 78

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.

Finance

CPA Practice

OCTOBER 16, 2023

Tax season poses immense challenges for accounting firms. Capacity constraints force CPAs to work overtime to meet tight deadlines. Many firms turn to outsourcing as a solution. But, not all outsourcing is created equal. So how can firms ensure they implement outsourcing in a way that enhances, rather than hampers, operations? In this white paper, we explore how firms achieve faster turnarounds, improved workflows, and better client service through domestic outsourcing providers.

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cpas Education accounting firms Tax 69

Accounting Today

OCTOBER 16, 2023

The AICPA's CEO of public accounting explains why the profession's future is much brighter than some would have you believe.

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CPA Practice

OCTOBER 16, 2023

By Kelley R. Taylor, Kiplinger Consumer News Service (TNS) Many Californians thought their taxes were due today (Oct. 16), but the IRS has further postponed tax deadlines for people in 58 counties impacted by natural disasters last winter. As Kiplinger reported, the new postponement means that many California taxpayers and businesses now have until Nov. 16, 2023, to file their 2022 federal income tax returns and pay any tax due.

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California Tax tax return Hawaii 64

Accounting Today

OCTOBER 16, 2023

A lawyer questions whether expanded regulatory enforcement powers will lead to better-quality audits.

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Advertiser: Paycor

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.

Withum

OCTOBER 16, 2023

With hundreds of video games hosting professional competitions and tournaments for increasing prize pools and opportunities, it is easy to get lost in the rapidly growing market that is Esports. For many, it may be beneficial to look at one of the oldest and most profitable games in the industry to get a better sense of it all: Dota 2. Dota 2 (Defense of the Ancients) is a PC game officially released by Valve Corporation in 2013.

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Gaming Sales 59

Accounting Insight

OCTOBER 16, 2023

How can manufacturers navigate the ever-evolving and increasingly complex world of value added tax (VAT)? There are several, key ways to evaluate your current and future approach to VAT, maintaining compliance the entire way. 1. Ensure alignment between IT and tax teams Far too often we have seen IT-centric processes miss (or at least misunderstand) key compliance needs and requirements, and tax-centric processes fail to consider the practicalities of automation.

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Accounting Today

OCTOBER 16, 2023

Sustaining post-day two compliance requires a rigorous focus on optimizing processes for ongoing management of lease accounting data and entries.

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accounted accountant Account accounting standards 58

VJM Global

OCTOBER 16, 2023

GST Council met for 52nd time on 7th October, 2023 under the chairmanship of Hon’ble Finance and Corporate affair minister. GST Council discussed various aspects such as Amnesty Scheme for filing of GST Appeal , Clarification on applicability of GST on Guarantee services provided by director and company, changes in GST rates etc. GST Council recommendations are categorized in following parts: Suggestions for facilitation of trade Changes in GST rates of goods and services ; Recommendations to is

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Transportation Tax accounting and finance Government 52

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.

Technology