Accounting Today

JULY 19, 2022

Tax 106

Tax tax planning 106

TaxConnex

JULY 19, 2022

Online retailers face a lot of challenges today. Sales tax obligations are among them. It’s been four years since these obligations began landing on businesses’ plates nationwide, and the situation isn’t getting any easier. Only now are federal lawmakers beginning to wonder if the current sales tax landscape overburdens online businesses. In the meantime, your business may have to start collecting and remitting states’ sales tax – with severe penalties if you don’t.

South Dakota 214

South Dakota Sales Tax tax consultant 214

VetCPA

JULY 19, 2022

Comparing a business’s key financial ratios with industry standards and with its own past results can highlight trends and identify strengths and weaknesses in the business. Financial statement information is most useful if owners and managers can use it to improve their company’s profitability, cash flow, and value. Getting the most mileage from financial statement data requires some analysis.

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financial statements Sales Account accountant 130

Intuitive Accountant

JULY 19, 2022

Utilizing the Maslach Burnout Inventory for the first time in an accounting setting, FloQast's survey reveals the alarming extent of burnout on professionals and its impact on critical accounting processes.

Account 130

Account accountant accounted 130

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Going Concern

JULY 19, 2022

We’re learning this morning that folks at EY will not be getting lunchtime DoorDash today, their paychecks from last Friday have been unceremoniously yeeted from their bank accounts. Per a tipster: There’s a payroll snafu of some sort at EY and seems just about everyone had their payroll reversed. Mass panic and overdrafts. And a Fishbowl thread: According to our tipster and comments on Fishbowl the firm has yet to send out any communications regarding the issue and it’s too ea

payroll 110

payroll Account accountant accounted 110

Anders CPA

JULY 19, 2022

The Employee Retention Tax Credit (ERTC) is gaining more and more attention as companies are discovering that they have through the end of 2023 (for 2020) and 2024 (for 2021) to amend their previously submitted 941s. Eligible companies impacted by the pandemic have been able to claim generous amounts, which makes the credit very appealing. But it’s important to keep in mind that there are gray areas in the IRS guidance around the credit.

Tax 105

Tax audit CPA 105

Dent Moses

JULY 19, 2022

Overview. Governor Ivey recently signed Senate Bill 261 into law, which increases the tax credit for contributions made to Scholarship Granting Organizations (“SGO”). Effective in 2022, an Alabama taxpayer may claim up to 100% of the individual’s Alabama tax liability for contributions made to an SGO, not to exceed $100,000 per year. Prior to the 2022 amendment, the credit was limited to 50% of the taxpayer’s Alabama tax liability with a cap of $50,000.

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Alabama income tax Tax tax return 98

IgniteSpot

JULY 19, 2022

What is accounting software? First and foremost, what is accounting software? If you aren’t using it already, it’s time to get a crash course. Accounting software is computer software designed to help businesses and their accountants record and keep track of their financials.

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accounting software Account accountant accounted 98

ThomsonReuters

JULY 19, 2022

A new national research study that analyzed the impact of same-day pay showed that, among other things, over 60% of working Americans think that all employers should offer their employees immediate access to their daily earned wages. Pay frequency. Most employers pay their employees’ wages for services performed within one of the following frequencies: weekly, bi-weekly, semi-monthly, and monthly.

New Hampshire 98

New Hampshire payroll Construction California 98

Intuitive Accountant

JULY 19, 2022

Xero’s Head of US Marketing Amy Murphy explains why the company continues to enhance the lives of small business owners through its office makeover mission.

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100

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.

ThomsonReuters

JULY 19, 2022

Global supply chains have been severely affected by lockdowns , particularly during the peak of the coronavirus pandemic. Temporary trade restrictions, goods shortages, and port closures exposed a vulnerable trade environment where unexpected customs duties impacted supply chains hard. It is now ever-more critical to leverage free trade agreements (FTAs) for global supply chains in a post-pandemic world.

Agriculture 96

Agriculture Technology Government Legal 96

GrowthForceBlog

JULY 19, 2022

10 min read. The mainstream buzz around the concept of a four-day workweek first gained steam in 2019 when Microsoft Japan reported experiencing a 40% increase in productivity, 23% reduction in electricity costs, and an effective halving of the average 60-minute meeting cut down to 30 minutes – all after cutting their employees' workweek down to four eight-hour days and continuing to pay them as if they were working five eight-hour days. [1].

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Intuitive Accountant

JULY 19, 2022

The new inventory count solution will help organizations boost the accuracy and efficiency of their inventory management.

NetSuite 103

NetSuite 103

Xero

JULY 19, 2022

There is so much to see and do at Xerocon London 2022 , from entertaining activities to inspiring keynotes, that it can be hard to know where to start. We recommend taking in as much as possible during the event – as well as leaving time for those all-important catch-ups with colleagues and peers – and urge you to check out some of the brilliant breakout sessions taking place across the two days.

Entertainment 82

Entertainment payroll Tax Start-ups 82

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

Patriot Software

JULY 19, 2022

Whenever you make a sale or purchase, the amount of money your business has will change. Keeping track of your business’s financial transactions is key to your business’s future. Luckily, those sales and purchases create documents such as invoices and receipts. Bookkeeping tracks your finances through the documentation that your business creates on a day-to-day […] READ MORE.

bookkeeping 80

bookkeeping Finance Sales Account 80

KROST

JULY 19, 2022

Foreign nationals in the US: Do you have a federal income tax filing obligation? Now that you moved to the US, whether on a temporary basis or permanent, you may need to consider whether you have a US income tax return filing requirement and pay taxes in the US. If you are a foreign national Read the full article. The post Foreign Nationals in the US Are Now Subject to US Income Taxes appeared first on KROST.

income tax 69

income tax Tax tax return 69

Going Concern

JULY 19, 2022

A jury in Honolulu reached a not guilty verdict on July 11 in the manslaughter trial of 39-year-old Pittsburgh resident Benjamin Fleming who was charged last year in the death of his college classmate and Deloitte Consulting employee Abhishek Gupta while the two vacationed with another friend in Hawaii. “I emphasized throughout the trial that Mr. Gupta’s death was undoubtedly a tragedy, but it was not a crime.

Hawaii 52

Hawaii 52

SchoolofBookkeeping

JULY 19, 2022

QuickBooks makes many updates and changes throughout the year. We strive to help our members stay informed and optimize their use of QuickBooks to improve their practice. Below are a few updates we wanted to share with you. From Intuit QuickBooks in July: QuickBooks Connect is Back, QuickBooks Payments Updates and More. Intuit QuickBooks is committed to providing powerful tools and resources to help small businesses and accountants thrive without added stress.

quickbooks 52

quickbooks Construction Nevada accounting and finance 52

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Technology

Going Concern

JULY 19, 2022

IDK are we being overly cynical here or is this dumb ? This feels a little like the “unlimited” vacation trap. If you think relaxed summer schedules were last year’s trend as big companies took gentle measures to steer employees back to the workplace, think again. Schneider Downs & Co. is embracing a policy that closes its office on Fridays at noon through Labor Day.

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CalCPA

JULY 19, 2022

CalCPA Rise & Stride Podcast: CPA Profession Hot Topics In the most recent Rise & Stride Podcast, Michael Savoy, CalCPA member and president. The post CalCPA BUZZ: Rise and Stride Podcast Interviews CBA President Michael Savoy appeared first on Hot Topics.

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CPA 52

Withum

JULY 19, 2022

Listen in as Withum’s Not-for-Profit Services team for an update on recently issued accounting and auditing standards impacting not-for-profit organizations. In addition, we will discuss how not-for-profit organizations can avoid the most common accounting pitfalls prior to the commencement of an external audit. View Slide Deck. View More On-Demand Webinars.

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audit Account accountant accounted 52

Canopy Accounting

JULY 19, 2022

For any business looking to grow, finding new customers and retaining existing ones is the lifeblood of their business, and accounting firms are no different.

accounting firms 52

accounting firms Account accountant accounted 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.

Withum

JULY 19, 2022

With the SEC’s proposed climate rules, manufacturers will need to calculate their emissions, improve their reporting and maximize their value to stay competitive in the market. Are you ready to learn how your organization can leverage its activities to create environmental change? Listen in as Withum’s Joe Holman , ESG Services Practice Leader and Sofia Assab , ESG Analyst discuss sustainability in the manufacturing industry.

Manufacturing 52

Manufacturing B2B 52

Accounting Today

JULY 19, 2022

Tax 106

Tax tax planning 106

Mark Lee

JULY 19, 2022

I have long encouraged accountants, who can do so, to focus their marketing messages, website messages, social media and Linkedin activity on their target audience. I have also been attempting to practice what I preach. This leads to non-accountants asking what the heck do I mean now I reference “NED-style mentoring” everywhere? And also what type of accountants am I trying to attract?

Account 52

Account accountant accounted 52

Accounting Today

JULY 19, 2022

Account 105

Account accountant accounted 105

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Finance

RitaKeller

JULY 19, 2022

“Great vision without great people is irrelevant.” – Jim Collins. When finding talent to hire for your firm, a good friend of mine and long-time CPA management consultant, Steve Ericksen, noted that he always told his CPA firm clients to “keep their hook in the water.” Sadly, Steve has passed away, but I remember and appreciate so much of what I learned from Steve. “Keep your hook in the water” means you must make it widely known that you are looking to

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cpa firm Management Consulting CPA accounting firms 40

Accounting Today

JULY 19, 2022

payroll 102

payroll Account accountant accounted 102

Accounting Today

JULY 19, 2022

Account 102

Account accountant accounted Technology 102

Accounting Today

JULY 19, 2022

NetSuite 102

NetSuite Technology accounting software Account 102

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"Offer payroll and do it yourself,” they said. “It’ll be fun!” Spoiler alert: It was not fun. Most CPA firms know that they need to offer payroll services to their clients or risk losing them to another firm that will. However, many don’t really want to. It is often time-consuming and complex due to changing tax laws and regulations, and with the growing staffing shortages, most just don’t have the resources.

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