Fri.Sep 02, 2022

article thumbnail

Pathways to Growth: The rise of the chief growth officer

Accounting Today

98
article thumbnail

Can You Spot the Differences Between Back Pay vs. Retro Pay?

Patriot Software

Everybody makes mistakes. And if you’re an employer, you’ve probably made (or will make) a payroll mistake at some point. If you make a mistake or forget to pay an employee certain wages (e.g., bonus), you might need to provide retroactive or back pay. Read on to get the scoop on back pay vs. retro […] READ MORE.

payroll 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

IRS reduces tax return backlog as AICPA urges penalty relief extension

Accounting Today

article thumbnail

Bimonthly Payroll: A Rare Unicorn, Is it Even Legal, and More

Patriot Software

You’re trying to figure out a decent pay frequency for your business. There are a number of popular options, like weekly payroll, and some that are a little more out there, like bimonthly payroll. Have you ever heard of bimonthly payroll? If you have, would you consider it for your small business? You may not […] READ MORE.

payroll 98
article thumbnail

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.

article thumbnail

Tax Fraud Blotter: Contemptible

Accounting Today

Tax 111
article thumbnail

How to Lay Off Employees: Small Business Edition

Patriot Software

Layoffs are sweeping the USA, impacting workers at companies like Shopify, Tesla, and Peloton. At some point, you may need to lay off employees in your small business, too. Although not an easy choice, laying off a worker or workers is sometimes necessary to promote growth and development or prevent small business bankruptcy. Read on […] READ MORE.

payroll 98

More Trending

article thumbnail

SME Cloud Accounting: Tips for Small Accounting Practices

Intuitive Accountant

While today’s technology can help empower your business, it can be tough to keep up. HR analyst Fabian Sandoval shares a few tips to not only help your practice survive, but prosper.

Account 98
article thumbnail

Crypto.com mistakenly transferred $7M to woman owed $70

Accounting Today

audit 98
article thumbnail

Remembering American Workers

Intuitive Accountant

On Monday, Sept. 5, 2022, we observe the Labor Day holiday in the US. While many think of it as an end of summer event, it actually is a time to reflect upon the American workers who built this great country.

98
article thumbnail

Tech News: Bloomberg launches Inflation Reduction Act resource

Accounting Today

article thumbnail

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.

article thumbnail

Aliaswire DirectBiller Modernizes Billing and Payment for Utilities

Intuitive Accountant

The bill payment and credit solutions provider reports 337% increase in payments from utility companies over past 12 months.

98
article thumbnail

On the move: PKF Texas appoints audit director

Accounting Today

Texas 98
article thumbnail

Five Effective Ways To Retain Employees And Keep Your Company Healthy

Randal DeHart

Traditionally, employers have relied on giving employees raises to retain their staff and reward them for being hard-working and loyal. Raises can get expensive, and there is often an upper limit for what you can offer regarding increasing salaries and wages. Keeping your employees happy makes business sense. You want to keep your good employees, and it costs money to find, hire and train new staff.

article thumbnail

New York City’s Tax Code Adopts Significant Changes

Withum

New York City’s tax code was amended on August 31, 2022, to harmonize a number of the City’s provisions with New York State. Governor Kathy Hochul signed legislation (S9454/A10506) adopting a factor presence economic nexus standard, while also retroactively accelerating New York City’s pass-through entity tax election to take effect for tax years beginning on or after January 1, 2022.

article thumbnail

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.

article thumbnail

'Learn faster than the rate of change:' How influencers are changing accounting and finance

Accounting Today

article thumbnail

Is It Time for Businesses To Invest in Electric Vehicles?

Withum

New Section 45W Credit for Qualified Commercial Clean Vehicles. Is now the time to replace gas powered vehicles for electric vehicles? For vehicles acquired after 2022, the IRA provides a new business credit for qualified commercial clean vehicles, in an amount equal to the lesser of 15% (or 30% for a vehicle not powered by a gas or diesel internal combustion engine) of basis, or the incremental cost of the vehicle (excess of purchase price of such vehicle over purchase price of a comparable veh

article thumbnail

How to prepare your landlord clients for MTD for ITSA

Accounting Insight

Making Tax Digital for Income Tax Self Assessment ( MTD for ITSA ) is fast approaching, bringing with it significant changes to the way many unincorporated landlords need to store and file their financial information. HMRC estimates that around a million UK landlords will be affected by the new rules, which will require those with annual property and/or self-employment income above £10,000 to keep digital records and make quarterly submissions to HMRC from April 2024.

article thumbnail

Extension of the Energy Investment Tax Credit

Withum

The federal tax incentive for qualified energy property was extended through the IRA for most projects that begin construction before January 1, 2025 (2035 for geothermal energy used for healing and cooling a structure). Taxpayers are allowed a credit for a portion of the expenditures they make in placing energy property in service.Energy property, for purposes of the energy credit, consists of specifically listed energy-related property, and a second list of qualified energy-related property el

Tax 69
article thumbnail

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.

article thumbnail

Rushed changes to National Insurance could end in disaster

Accounting Insight

The payroll industry wants one thing from the new prime minister: Enough time to implement any changes. As the battle for Number 10 nears its end, the payroll industry is collectively hiding behind an enormous sofa, hoping against hope that the Daleks will strike and save us from mid-year tax and National Insurance changes. This seems unlikely. We can’t perfectly predict the future, but it’s close to certain that the new Prime Minister will want to move quickly on easing cost of living pressures

payroll 52
article thumbnail

Thank God Accounting Firms Are Still Bragging About Ping-Pong Tables at the Office

Going Concern

The pandemic changed a lot of things, thank goodness it hasn’t impacted the profession’s inexplicable need to brag about their ping-pong tables at every opportunity. From Dallas Morning News : A fast-growing Dallas-based accounting firm is moving its offices in Deep Ellum to a bigger location that’s closer to Fair Park. “To accommodate the growing head count and dynamic growth, Embark is excited to announce it will be relocating the firm’s headquarters to its first dedicated building

article thumbnail

What Are Processing Fees and How to Understand Them Across Channels to Quickly Optimize Costs

Snyder

Today, merchants have the opportunity to sell their products in a variety of locations and online marketplaces. To help increase visibility and drive sales, they also sell their products via multiple channels. But selling products across different channels can lead to a lot of complications when it comes to processing fees. The cost of transactions is one of the biggest and most common challenges digital marketers face today.

article thumbnail

Tax relief on energy efficient vehicles

Menzies

Menzies LLP - A leading chartered accountancy firm. The government has extended the availability of 100% first year allowances on the acquisition of cars, zero-emissions goods vehicles and equipment. This was due to end in April 2021 and will now come to an end in April 2025. The measure is designed to incentivise the uptake of zero emission vehicles, following the government’s announcement that it will consult on bringing forward the phase-out date for the sale of new petrol, diesel and hybrid

Tax 52
article thumbnail

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.

article thumbnail

Meet the brand: Findity

Accounting Insight

The next instalment in our ‘Meet the brand’ series is Findity, an expense management software designed for living. Find out a bit more about them, before visiting their stand at Accountex Summit Manchester in October! What do you do? I’m Carl-Johan Bixo Jacobsson, UK Partner Director at Findity. At Findity, we are experts in expense management.

article thumbnail

Friday Footnotes: EY Split Drags Out; Advisory Firm Defrauds Clients; Student Loan Forgiveness and Taxes | 9.2.22

Going Concern

Ed. note: Although Going Concern observes Labor Day because our handlers are not monsters, we’ll be back Monday as usual. See you then and have a wonderful weekend (hopefully it’s a three-day one for at least some of you). Firm Watch. EY’s talks on potential split to continue into Autumn [ City A.M. ] EY’s talks on whether to separate its audit segment from its consulting arm are set to continue into this Autumn – despite initial suggestions the Big Four firm could reach a decision b

article thumbnail

EY Staffers Feel Left in the Dark After Death of Their Colleague Last Weekend

Going Concern

In the early hours of last Saturday, the body of a 27-year-old woman (note: she was incorrectly identified as 33 in early reports) was found at EY’s Sydney office and since then, questions have been raised about the events of the final hours of her life. Most reports say she went out for drinks with colleagues and returned to the office around 7 p.m. to finish some work.

auditor 52