Sat.Oct 08, 2022 - Fri.Oct 14, 2022

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Email Blunders That Cost Accountants Time and Money

Lockstep

Email is a necessary evil for accounting teams. It’s the primary way we communicate with our colleagues, vendors, and customers. But it can also be a huge source of frustration – especially when things go wrong. In this three-part blog series, we’ll take a look at some of the biggest email blunders that can cost accountants time and money.

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Happily Ever After - Achieving a Fairy Tale Month-End Close | CFO.University

Accountant Advocate Submitted Articles

A Professional Community of Member-Scholars, Companies and Trusted Advisors committed to the education and development of Chief Financial Officers.

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2 Big Reasons Why You’re Having Trouble Scaling Advisory Services

Ryan Lazanis

With the growing number of firms entering the virtual CFO and advisory space, there are two important things that you need to know to prevent being in a bottleneck position and improve your chances of scaling your firm. Listen Below. 0:32 – There are two reasons why many have trouble scaling their virtual CFO and advisory services. 0:54 – W e want to create a model that can scale, and which can operate systematically, in a fashion where no bottlenecks exist. 1:08 – The first bi

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Accountants, remove these 5 things from your to-do list

Accounting Today

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

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.

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What Is Attendance Management?

Patriot Software

Employees come to work, do their jobs, and then go home. Day after day. But, sometimes employees call off sick or come in late. They might ask you to rearrange their schedules to accommodate their personal lives. How can you possibly keep track of all the coming and going? You need an attendance management system […] READ MORE.

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Are you a new Certified Management Accountant? Avoid these 4 mistakes at all costs

Accounting Today

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Tricky items for sales tax

TaxConnex

We’re fond of saying that nothing’s ever easy in sales tax. And here we’ll kick off our run toward Halloween with a look at one of the newest and trickiest areas of sales tax: electric vehicle chargers and charging. This new line of business raises a few sales tax questions, chiefly regarding the electricity flowing into the vehicles. Though states like Kentucky are considering or already have additional fees for owners of electric cars, most states are still fuzzy on whether the customer or the

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How CPAs can communicate with clients in a digital world

Accounting Today

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Tips for Relocating Your Small Business

VetCPA

Is your business thinking of moving to a new location? No need to worry, we got you covered with some tips for the journey! Why are you relocating? It’s important that you first consider why it is necessary to change your location. If you’re certain about the move, you should be able to fully answer the following questions. Are you moving for a new market to give you more opportunity than your previous one?

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The Importance of Investor Updates

BurklandAssociates

Many founders don’t understand the importance of regular updates and communication with their investors. Once they secure their funding, the focus moves to their business – which makes sense. However, Read More. The post The Importance of Investor Updates appeared first on Burkland.

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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.

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In telecom case, fault is with the company – not the third-party provider

TaxConnex

A proposed penalty from the Federal Communication Commission shows the danger of a hire-and-forget attitude toward a third-party for tax compliance. The FCC has proposed a $153,000 penalty against a Florida-based telecom provider that had outsourced its compliance tasks. The FCC alleges that the company failed: to cooperate with the revenue reporting verification functions (i.e., “contributor audits”) by the Universal Service Administrative Company?

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Young Accountant Narrowly Misses the Tragedy of Working For Grant Thornton

Going Concern

Someone on r/accounting posted this over the weekend and I thought it worth sharing because it reminds everyone of two very important facts when it comes to recruiting: 1) never bank on a verbal offer and 2) don’t work for Grant Thornton. Oops wait, I meant 2) if firms recruiting on campus engage in any kind of screwy behavior you should report it to your school’s accounting chair/director/benevolent overlord.

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Do Employers Have to Give Pay for Jury Duty Leave?

Patriot Software

When an employee is called to serve on a jury, it can be a strain on your business. You might need to adjust schedules to fill the employee’s absence. Product creation or services might be disrupted. When your employee is fulfilling their civic duty, your business doesn’t stop. But, when an employee is on jury […] READ MORE.

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IRS sending millions of letters on claiming tax benefits

Accounting Today

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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.

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Ignition Launches Continuing Professional Development Course

Intuitive Accountant

The free, on-demand certification course provides accounting professionals with tools to enhance their client engagement and scale their business.

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How Are Public Accounting Salaries Stacking Up For 2023? (Part 2, Randstad)

Going Concern

Next up in our preview of accounting salaries for 2023 is the latest Finance & Accounting Salary Guide from staffing agency Randstad. Randstad, Robert Half, and Accounting Principals are probably the “big 3” when it comes to publishing accounting and finance salary prognostications for the coming year. We wrapped up analyzing Robert Half’s 2023 Accounting & Finance Salary Guide last week, and we’ll take a look at the new one from Accounting Principals later this week.

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Connecticut Paid Family Leave and What to Know

Patriot Software

Connecticut joined the paid family leave states when employers began handling Connecticut paid family leave contributions in 2021. Time has flown by and it’s now 2022. What does that mean? Employees in Connecticut can now apply for benefits from the state’s paid family leave program. Read on to learn about the new Connecticut paid family […] READ MORE.

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NJCPA CEO Ralph Thomas to retire in June

Accounting Today

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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.

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Live from Sage Transform 2022 – Customer Awards

Intuitive Accountant

Murph reports on the companies recognized with the '2022 Customer Hero and Industry Success Awards.

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Anders Named a Top Privately Held Company in St. Louis

Anders CPA

Anders has been named to the St. Louis Business Journal’s list of Top 150 Privately Held Companies in St. Louis for the first time. Each year, the St. Louis Business Journal celebrates the largest and fastest-growing companies in our region. The Top 150 list features the top privately held local companies ranked in order by revenue. Coming in at #145, Anders is honored to make the list for the first time in 2022.

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How Many Types of Work Shifts Does Your Small Business Need?

Patriot Software

To operate your business, you may need employees working varied hours in the day. Some industries and positions require different types of work shifts outside typical business hours. What shifts do you need employees to work in your small business? Types of work shifts Your business’s work shifts may depend on factors like your industry, […] READ MORE.

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Social Security benefits to rise 8.7% in 2023 for inflation

Accounting Today

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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.

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Must Applicable Large Employers File ACA Information Returns Electronically?

ThomsonReuters

QUESTION: We added a large number of full-time employees in 2021 and became an applicable large employer (ALE) in 2022. We are preparing to file Forms 1094-C and 1095-C with the IRS in early 2023. Do we have to file the forms electronically? ANSWER: The filing method—paper or electronic—depends on the size of the ALE. As background, the Affordable Care (ACA) enacted Code § 4980H, which imposes employer shared responsibility penalties on ALEs that fail to offer full-time employees adequate empl

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10 Tax Season Time Management Tips You Can Use

Intuitive Accountant

When the deadlines hit, it's good to know how to ease things down. To help you get in the groove, here are some reminders on how to better manage your time from Breadnbeyond's Andre Oentoro.

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Do Employers Have to Pay Unemployment Taxes?

Patriot Software

As a small employer, you have all sorts of payroll taxes to worry about: income taxes, Medicare tax, and Social Security tax. But, what about unemployment taxes? Do employers have to pay unemployment taxes? Do employers have to pay unemployment taxes? In general, all employers have to pay unemployment taxes. Some exemptions exist, which are […] READ MORE.

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IRS drafts changes to corporate reporting of uncertain tax positions

Accounting Today

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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.

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IRS Regulations Base Eligibility for ACA Premium Tax Credits on Affordability of Family Coverage; Related Guidance Allows Additional Election Changes

ThomsonReuters

Final Regulations: Affordability of Employer Coverage for Family Members of Employees, 26 CFR Part 1, 87 Fed. Reg. 61979 (Oct. 13, 2022); IRS Notice 2022-41 (Oct. 11, 2022). Regulations. Notice. The IRS has finalized regulations that change the eligibility standards for an Affordable Care Act (ACA) premium tax credit (PTC) by providing that, for taxable years beginning in 2023, affordability of employer-sponsored coverage for an employee’s family members is based on the employee’s cost to cover

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Grant Thornton Achieves Dynamic Revenue Growth of 17% in 2022

Going Concern

The petals on the Purple Rose of Chicago were in full, fragrant bloom in 2022 as Grant Thornton posted revenue for its fiscal year ending July 31 of $2.3 billion , a nearly 17% increase over the $1.97 billion the firm brought in last year. 2022 was clearly one of the best years GT has had revenue-wise in quite a while, if not ever, as 2021 revenue grew just 2.6%, 2020 grew only 1% , 2019 grew 5.4% , and 2018 grew 3.4%.

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State Income Taxes for Out of State Employees

Patriot Software

Each state’s income taxes are different. Some states have low taxes, some have high taxes, and some states don’t have income taxes at all. State income taxes get even more complicated when you have an employee who lives and works in different states, works from home in a state where your business isn’t located, or […] READ MORE.

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Crypto at fair value: Inside FASB's decision

Accounting Today

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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

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.