Accounting Insight

SEPTEMBER 20, 2022

Is your accounting software having a laugh at your expense? Prudence is more than a mantra. It’s the deep devotion that underpins the entire finance function. And yet thousands of organisations are using accounting software that undermines this fundamental credo. No-one is implying that finance departments are being profligate. Far from it. Nor is one suggesting that the software at the very heart of their work is betraying them (though some of the more idiosyncratic systems may sometimes feel l

accounting software 75

accounting software Account accountant accounted 75

Menzies

SEPTEMBER 21, 2022

Menzies LLP - A leading chartered accountancy firm. As an employer you will have many responsibilities and the question of whether you should outsource your payroll may have crossed your mind. At first glance it seems that payroll is a simple task that you can handle without help. However, there are many complexities and compliance issues that need to be considered alongside day-to-day processing.

payroll 52

payroll chartered accountant accounting firms Technology 52

AccountingDepartment

SEPTEMBER 21, 2022

Getting paid quickly by your customers is what helps enable more cash flow for your business. But getting customers to make payments quickly has become a challenge for many. Delaying payments has become a growing trend that started well before the COVID pandemic.

NetSuite 83

NetSuite Account accountant accounted 83

Accounting Today

SEPTEMBER 19, 2022

Account 98

Account accountant accounted 98

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RogerRossmeisl

SEPTEMBER 19, 2022

Summer can bring extreme weather, including floods, droughts, wildfires, tornadoes and hurricanes. These natural disasters and other crises can interrupt normal business operations, causing significant financial losses. If disaster strikes, a business interruption insurance policy can allow you to recoup lost profits, repair damaged assets and cover other incremental expenses.

CPA 209

CPA cpa firm 209

Snyder

SEPTEMBER 19, 2022

From e-commerce stores to SaaS startups, businesses need to receive payments from customers , and payment gateways are one of the most common ways to do this. There are many options for collecting money online – credit cards, Buy Now Pay Later cards, or PayPal, just to name a few. However, not all payment gateways are the same. What you need may depend on your business’s size and needs.

E-commerce 98

E-commerce accounting software Technology Start-ups 98

Patriot Software

SEPTEMBER 20, 2022

When you sell goods to customers, you likely collect and remit sales tax to the government. And when you purchase products, you typically pay sales tax. But, how do you record these tax collections and payments in your accounting books? Sales tax accounting. You should understand accounting for sales tax to maintain organized and accurate […] READ MORE.

accounting basics 92

accounting basics tax accountant Sales Tax 92

FraudFiles

SEPTEMBER 23, 2022

What kinds of companies are more prone to fraud? In my business, we talk a lot about the red flags of fraud. There are two different types of red flags: the kind that suggest that a fraud is currently in progress, and the kind that puts a company at greater risk of fraud. In this video, I talk about a few of the characteristics of companies that seem to put companies in greater danger of becoming a victim of fraud by employees.

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52

Snyder

SEPTEMBER 21, 2022

For many people, forecasting sounds like something connected with weather prediction or fortune telling. Surprisingly, financial forecasting isn’t that far off. After all, businesses use it to predict their future performance, taking into consideration potential clouds on the horizon and thinking through steps to avoid getting into a thunderstorm. The difference is that businesses won’t need any crystal balls or magic potions to forecast – they’ll use their business data instead, which is an eve

financial statements 52

financial statements accounting and finance Finance Sales 52

RogerRossmeisl

SEPTEMBER 19, 2022

When you filed your federal tax return this year, were you surprised to find you owed money? You might want to change your withholding so that this doesn’t happen again next year. You might even want to adjust your withholding if you got a big refund. Receiving a tax refund essentially means you’re giving the government an interest-free loan. Adjust if necessary Taxpayers should periodically review their tax situations and adjust withholding, if appropriate.

income tax 244

income tax Tax tax return CPA 244

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.

TaxConnex

SEPTEMBER 20, 2022

The sales tax audit can be one of the scariest – and costliest -- things an online business ever goes through. If you do get hit with an audit, it’s critical to handle the process correctly. Last time we looked at mistakes companies make leading up to an audit (Check out part 1 here). This blog will conclude our top 10 list with a look at 5 missteps to avoid when handling and resolving the audit.

audit 190

audit Sales Tax auditor 190

BurklandAssociates

SEPTEMBER 22, 2022

FP&A helps startups scale by leveraging the company’s data for decision making, including data that may be hidden beneath the surface. The post How Does FP&A Help Startups Scale? appeared first on Burkland.

Account 147

Account accountant accounted 147

Withum

SEPTEMBER 22, 2022

The IRS recently issued a chief counsel advice memorandum (CCA 202237010 (Aug. 19, 2022)) addressing the proper treatment of improperly forgiven PPP loans. The IRS ruled that the PPP loan forgiveness amount is not tax-free, even if the SBA and lender granted the borrower full loan forgiveness, if the taxpayer did not satisfy the factual requirements for loan forgiveness.

Tax 125

Tax payroll audit tax services 125

RogerRossmeisl

SEPTEMBER 19, 2022

As you’re aware, certain employers are required to report information related to their employees’ health coverage. Does your business have to comply, and if so, what must be done? Basic rules Certain employers with 50 or more full-time employees (called “applicable large employers” or ALEs) must use Forms 1094-C and 1095-C to report the information about offers of health coverage and enrollment in health coverage for their employees.

CPA 242

CPA business tax Tax 242

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

TaxConnex

SEPTEMBER 22, 2022

There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates. Virtual reality. Sales tax on digital products was the subject of a white paper draft at the Multistate Tax Commission’s annual meetings in Anchorage, Alaska. The purpose of the project: help states develop a simpler and more adaptable approach to taxation of digital products.

Sales 130

Sales Tax Indiana Colorado 130

Xero

SEPTEMBER 21, 2022

It’s been exactly two weeks today since Xerocon Sydney kicked off, and it’s safe to say we’re still buzzing from the experience. In case you missed it, we wrapped the event with a special sign-off from our APAC leadership team. Joseph Lyons, Managing Director for APAC, took to the main stage with Will Buckley, Koren Wines and Bridget Snelling – our Country Managers for Australia, Asia and New Zealand, respectively.

Maine 102

Maine Tax bookkeeping 102

Withum

SEPTEMBER 22, 2022

There are too many distractions that divert our energies from what is really important to us. We have limited time, and we all have too much to do and too much that we want to do. Yet, we move from one distraction to another without any thought. I refer to all background distractions as “Noise.” The distractions take many forms. Interruptions by others, a text, an email, a phone call or even a “breaking news” alert on our smartphones.

Start-ups 115

Start-ups CPA Gaming Tax 115

RogerRossmeisl

SEPTEMBER 19, 2022

You may have heard that the Inflation Reduction Act (IRA) was signed into law recently. While experts have varying opinions about whether it will reduce inflation in the near future, it contains, extends and modifies many climate and energy-related tax credits that may be of interest to individuals. Non-business energy property Before the IRA was enacted, you were allowed a personal tax credit for certain non-business energy property expenses.

CPA 238

CPA Tax 238

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Technology

Snyder

SEPTEMBER 23, 2022

According to the International Chamber of Commerce ( ICC ): FOB means that the seller delivers the goods on board the vessel nominated by the buyer at the named port of shipment or procures the goods already so delivered. However, there are two terms in shipping that can’t be mixed up: the FOB shipping point (or the FOB origin) and the FOB destination.

Transportation 98

Transportation Sales Start-ups Legal 98

IgniteSpot

SEPTEMBER 20, 2022

3 Things a CFO Does During the M&A Process. If you’re new to mergers and acquisitions, virtual CFO services can be helpful no matter how you collaborate with them. After all, it’s a whole new world (cue the Disney music).

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98

Accounting Insight

SEPTEMBER 20, 2022

In less than a month, Accountex Summit Manchester will be opening its doors at Manchester Central for the fourth year. The show on the 12 October is set to be the biggest yet, welcoming 1500+ attendees. . Alongside the packed seminar programme and diverse exhibitor list, Accountex Summit Manchester are excited to announce some new features to this year’s exhibition, including a photobooth and post-show drinks, which are a great opportunity to network and catch up with colleagues. .

accounting and finance 98

accounting and finance Education quickbooks Tax 98

RogerRossmeisl

SEPTEMBER 19, 2022

If you don’t have enough federal tax withheld from your paychecks and other payments, you may have to make estimated tax payments. This is the case if you receive interest, dividends, self-employment income, capital gains or other income. Here are the applicable rules for paying estimated tax without triggering the penalty for underpayment. When are the payments due?

Tax 130

Tax CPA 130

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Technology

Intuitive Accountant

SEPTEMBER 21, 2022

In today’s business world, there are two accounting choices. Oak View Law Group's Lyle Solomon shares how you can help your clients decide which accounting approach is right for them.

Account 96

Account accountant accounted 96

Lockstep

SEPTEMBER 21, 2022

When scaling your business, email no longer becomes the “best” or “easiest” tool to use. This is why sales departments use Salesforce to manage account status, notes and communications. This is why your IT department has a helpdesk took like JIRA to compile and organize internal inquiries, because traditional email is not scalable. But why then, is your accounting team using disparate accounting email inboxes to manage vendor and customer communications?

Account 90

Account accountant accounted accounting and finance 90

Patriot Software

SEPTEMBER 20, 2022

Reducing an employee’s salary is not an easy decision to make. Unfortunately, salary reduction might be necessary. If an employee is not succeeding in their position, it may be time for a pay cut. A salary reduction is much more than just changing your payroll. There are laws you need to follow when reducing an […] READ MORE.

payroll 90

payroll 90

Withum

SEPTEMBER 23, 2022

Explore Other Episodes. The post Shifting the Tree With Virginia Essandoh of Ballard Spahr appeared first on Withum.

Virginia 111

Virginia 111

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Intuitive Accountant

SEPTEMBER 19, 2022

Platinum, Diamond and Accountant subscribers within the US and Canada now can track Expiration Dates as well as their Serial or Lot numbers starting with the new v23.0 edition of QuickBooks Enterprise Solutions.

quickbooks 94

quickbooks Account accountant accounted 94

Going Concern

SEPTEMBER 23, 2022

The post Friday Footnotes: Accounting Salaries on the Rise; PwC Sets a Record; Succession Suggestions? | 9.23.22 appeared first on Going Concern.

accountant salary 98

accountant salary Account accountant accounted 98

SkagitCountyTaxServices

SEPTEMBER 22, 2022

With the way that the economy is going, inflation, the market gyrations, etc … ANY business seems like good business. Until it isn’t. Consider … Have you ever been in a Skagit County store when a customer starts yelling at the employee behind the counter for something tiny? The customer makes demands and throws an adult-sized temper tantrum to get their way and the worker complies because … well, the customer’s always right … right?

CPA 82

CPA Start-ups Education B2B 82

Patriot Software

SEPTEMBER 21, 2022

You’ve worked hard to build your business. Although you might not want to share your business secrets, you probably need to when you hire employees. To prevent employees from revealing sensitive information that could jeopardize your business, you might have them sign an employee confidentiality agreement. Businesses use employee confidentiality agreements to protect their innovative […] READ MORE.

payroll 81

payroll 81

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Finance