This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Join Cherry Bekaert’s Employee Retention Credit (ERC) team to gain valuable insights into effectively defending ERC claims during IRS audits. As ERC regulations continue to have clarifying guidelines from the IRS, understanding how to navigate potential audit challenges is essential for safeguarding your organization’s benefits. Learning Objectives: Comprehend IRS audit triggers for ERC claims Learn effective document and record-keeping Navigate IRS audit inquiries with confidence Questions?
The Tax Cuts and Jobs Act liberalized the rules for depreciating business assets. However, the amounts change every year due to inflation adjustments. And due to high inflation, the adjustments for 2023 were big. Here are the numbers that small business owners need to know. §179 deductions For qualifying assets placed in service in tax years beginning in 2023, the maximum §179 deduction is $1.16 million.
Are employees at your business traveling and frustrated about documenting expenses? Or perhaps you’re annoyed at the time and energy that goes into reviewing business travel expenses. There may be a way to simplify the reimbursement of these expenses. In Notice 2023-68, the IRS announced the fiscal 2024 special “per diem” rates that became effective October 1, 2023.
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
The IRS said on Monday that it will allow electronic signatures to be used on certain tax forms “indefinitely until more robust technical solutions are deployed.” In addition, the agency extended until Oct. 31, 2025, the ability to use encrypted email when working directly with IRS employees to clear up tax-related issues or concerns. During the COVID-19 pandemic the IRS provided temporary relief allowing taxpayers to use digital or e-signatures on specified paper forms and filings that would or
CliftonLarsonAllen has been building its international network since starting it last year in the U.K. and Ireland, with further expansion plans to other parts of the world as it begins to roll out artificial intelligence technology that it's calling CLA GPT.
CliftonLarsonAllen has been building its international network since starting it last year in the U.K. and Ireland, with further expansion plans to other parts of the world as it begins to roll out artificial intelligence technology that it's calling CLA GPT.
Form 1041, U.S. Income Tax Return for Estates and Trusts, is a complex tax form that is used to report the income and expenses of estates and trusts. The fiduciary of an estate or trust is responsible for filing Form 1041, which is due on April 15th each year (unless an extension is filed). Trust tax preparation can be a challenging task, even for experienced tax preparers.
Internal auditors have found hundreds of referrals from other lawyers for Camp Lejeune and other cases were bogus, often based on doctored medical records and fictional reports of illness.
By Bart Peluso. In the space of barely more than a year, artificial intelligence (AI) technology has made massive waves in the business world. However, as huge as this impact has been, it hasn’t been evenly spread. While marketing teams have been using AI assistants to whip up emails and create LinkedIn Ads, the accounting teams have struggled to reap the potential rewards AI technology can deliver.
Being ignorant Yanks no one around here knows who Warren Mundine is so before we get into what he said to KPMG Australia and why let’s briefly cover his CV. I linked this in today’s Monday morning news brief but thought we could use the whole story. Plus it isn’t often I get the chance to legitimately use the word “c**t” in a story involving a Big 4 professional services firm so yay to that, big fans of profanity here.
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.
The sessions and CPE fields of study for Ensuring Success 2023 have been announced. Ensuring Success will be held December 6-7, 2023. Earn up to 14 hours of free CPE during this 2-day annual, virtual conference. Register now and mark your calendar for Ensuring Success, to ensure you meet your year-end CPE requirements. This is the original, completely virtual online CPE conference for accounting and tax pros, so you can attend and earn free CPE credits from the comfort of your office.
While many changes won't take effect until the next renewal date(s), price changes are coming to QuickBooks Desktop Payroll and Payments this December.
Total Halloween spending is expected to reach a record $12.2 billion, exceeding last year’s record of $10.6 billion, according to the National Retail Federation’s annual survey conducted by Prosper Insights & Analytics. A record number of people (73%) will participate in Halloween-related activities this year, up from 69% in 2022. According to a survey by Honest Paws, half of dog owners plan to include their pet in Halloween activities, and one third will likely spend more on doggie costumes
Happy spoooooky Monday, here’s some news. Hot off the presses (figuratively). FT reports PwC has chosen a global chair to replace Bob Moritz. PwC has picked the head of its international advisory business, Mohamed Kande, to be its next chair, putting the Big Four accounting firm in the hands of a consulting partner. Kande’s selection by PwC’s global board was revealed to the firm’s partners on Monday, according to people familiar with the internal message.
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 IRS has increased staffing at its taxpayer assistance centers by 31% during fiscal year 2023 thanks to funding from the Inflation Reduction Act, the agency said on Oct. 20. As of Sept. 23, the IRS has hired 745 employees to staff its taxpayer assistance centers, which have served about 235,000 more taxpayers in FY 2023 than FY 2022—an increase of 18%.
AuditBoard , a provider of cloud-based platform transforming audit, risk, compliance, and ESG management has added new capabilities purpose-built to enable teams to automate critical workflows, surface key strategic insights, and stay on top of proliferating risks. The announcement took place at AuditBoard’s annual Audit & Beyond conference, a hybrid in-person and online gathering of thousands being held in San Diego, California through October 20.
The outcomes of this project will provide a clear-eyed vision of how we move the profession forward and collectively elevate the value of internal audit in the years ahead.
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.
Today, investment platform Lightyear announces its expansion into exchange traded commodities (ETCs) with the launch of gold. Adding ETCs to its existing suite of 3,500+ stocks, ETFs and MMFs, is another way for Lightyear’s retail and business customers across Europe to diversify portfolios. iShares Physical Gold (“PPFB”) seeks to track the day-to-day movement of the price of gold – minus fees – backed by gold bullions.
Guest post by Sam O’Brien. Remote working has become the preferred way of working for many businesses. It can be more convenient than working in an office, but it can also bring challenges for management. A remote team can’t be successful without a good leader. We’ll look at the qualities of a great remote team leader, and how to become more efficient in remote leadership.
Employment Hero, one of the world’s largest employment management platforms, has announced a Series F growth round of £131 million to fuel its rapid global expansion, following in the footsteps of Atlassian, Xero and Canva. The funding* ( subject to Foreign Investment Review Board approva l) follows the company’s 2022 Series E and takes the total amount of capital it has raised to over £325 million, funding it has used to develop an entire ecosystem of products and services through its all-in-on
Getting into business is more than just cash flow , bookkeeping, and taxes. There are also a slew of legal requirements you need to be aware of to ensure your business is legally compliant. (The last thing you want is for something to slip through the cracks and then find yourself facing potential legal issues or penalties.) 1) Get your registrations sorted Before you start trading make sure you sort out all relevant business registrations.
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.
To ensure continued success during this tax season and beyond, accounting firms need a clear strategy for client retention. Here are some tips and tricks to keep your clients happy and your firm moving in the right direction.
Ignition , an all-in-one platform for professional services to get paid faster and run smarter, has launched a new pricing enhancement. This latest addition equips accounting and tax professionals with the tools they need to improve profitability and put an end to underselling their services. The new price increase capability enables Ignition customers to automatically apply percentage-based price increases when renewing annual client engagements, all in just a few clicks.
White collar crime cases tend to focus on the flow of money. Government investigators analyze the finances of a company or individual to determine where money came from and where it went. It is this trail of money that leads to evidence of a crime.
Canopy , provider of industry-leading accounting practice management software, Canopy , the leading cloud-based practice management platform for accounting professionals, will host its annual Canopy Summit 2023 on November 9 at 1:00pm EST. The free, virtual event will dive into the latest CPA technology with an engaging panel and review Canopy’s product roadmap and offers 2 CPE credits for attendees.
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.
In the fast-paced world of accounting, efficiency is key. With a plethora of apps available, it can be challenging to determine which ones will truly streamline your client's workflow. We've done the legwork for you.
By Reade Pickert, Bloomberg News. (via TNS) The U.S. economy grew at the fastest pace in nearly two years last quarter on a burst of consumer spending, which will be tested in coming months. Gross domestic product accelerated to a 4.9% annualized rate, more than double the second-quarter pace, according to the government’s preliminary estimate Thursday.
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.
Input your email to sign up, or if you already have an account, log in here!
Enter your email address to reset your password. A temporary password will be e‑mailed to you.
We organize all of the trending information in your field so you don't have to. Join 237,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
52 
Let's personalize your content