Sat.Nov 19, 2022 - Fri.Nov 25, 2022

article thumbnail

Exposure Drafts: A Very Taxing Thanksgiving

Going Concern

Listen to Oh My Fraud , a podcast by Caleb Newquist and Greg Kyte, and get free CPE through Earmark. And Exposure Drafts holiday cards are now available for purchase through Rubook Creative. The post Exposure Drafts: A Very Taxing Thanksgiving appeared first on Going Concern.

Tax 70
article thumbnail

Accounting firms and sales and use tax advising: Perfect together?

TaxConnex

In our blog last week, we looked at how sales and use tax advisory services might be a good new field for CPAs and accounting firms. How can they go about making the move? Mark Friedlich, CPA, vice president of U.S. government affairs at Wolters Kluwer Tax & Accounting recently wrote that most CPA firms that have sales and use tax practices generally divide services offered into three categories: planning (nexus studies, taxability determinations, exemption certificate management and so on);

Insiders

Sign Up for our Newsletter

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

article thumbnail

1099s – Why the Rush?

Dent Moses

While many would prefer to “think about that tomorrow” or in January, time spent now can significantly affect how hectic your January will be. The best practice is to have new vendors provide a completed W-9 before issuing a payment. We also recommend reviewing 1099 vendors a few times throughout the year and requesting any missing W-9s. Imagine skipping the frantic race to hunt down vendors to get information in time to prepare 1099s by late January.

94
article thumbnail

Accounting Isn’t a Stand-Alone Activity

SMBAccountant

When clients start with us, they often question the amount of information that we request. “My old bookkeeper didn’t ask for all this” is a statement we hear often. Managers want to hand off their accounting and let it happen in its own vacuum. Unfortunately, this isn’t quite how accounting functions. The accountant or bookkeeper can’t effectively do their job and the manager has inaccurate financial data to make business decisions, provide to potential investors, or financial institutions for l

Account 130
article thumbnail

How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

article thumbnail

Behavioral Red Flags of Financial Fraud

FraudFiles

There are a number of common signs that we may see when someone is engaged in financial fraud within a company.

52
article thumbnail

The Frontier: Accountants need to know more than ever

Accounting Today

Account 97

More Trending

article thumbnail

Getting Creative with Benefits: QSEHRA vs. ICHRA

BurklandAssociates

We are approaching the time of the year when companies are typically thinking about annual enrollment and benefits. Maybe you are a founder thinking about hiring your second or third Read More. The post Getting Creative with Benefits: QSEHRA vs. ICHRA appeared first on Burkland.

130
130
article thumbnail

Free Yourself From Business Accounting by Outsourcing

AccountingDepartment

As the holidays approach, no business owner wants to be bogged down with accounting tasks, budgeting next year, or trying to prepare to close the books for 2022. Owning a business has many upsides to it, but one of the drawbacks for many is trying to keep track of the business's finances.

article thumbnail

The Disruption of Transportation

RogerRossmeisl

The Great Transformation (Part 2) – The Disruption of Transportation As posted to the Tony Seba YouTube Channel on 10/31/2022 (Run Time 18 min, 23 sec) Part 2 of Tony Seba’s latest presentation on what he calls “The Great Transformation”, discusses the disruption of transportation by autonomous, electric, fleet vehicles: Transportation as a Service. “The Great Transformation” is a deep dive into the key technologies that are converging in the 2020s and how they will

article thumbnail

What fractional CMOs can do for small businesses

DuctTapeMarketing

What fractional CMOs can do for small businesses written by Editor read more at Duct Tape Marketing. Want to grow your business and position your brand for success? One of the greatest ways to do so is hiring a CMO or Chief Marketing Officer, an experienced, result-driven executive responsible for all your marketing efforts. But with an average annual salary of over $330,000 many small to mid-sized businesses can’t easily afford a CMO.

Start-ups 181
article thumbnail

Planning Your Restaurant's Path to Profitability

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.

article thumbnail

How Do Your Benefits Stack Up Against Today’s Market Statistics?

BurklandAssociates

One of the best ways to gain a competitive advantage with employee recruiting and retention is to ensure your benefits are competitive. The post How Do Your Benefits Stack Up Against Today’s Market Statistics? appeared first on Burkland.

130
130
article thumbnail

Happy Thanksgiving 2022

Withum

Thanksgiving is a festive day where we get together with family and friends for dinner. It might also be the most observed national holiday. It is also propitiously placed as the first-time many college students can come home for an extended weekend. However, Thanksgiving should mean more than this. It should be a day of giving Thanks for all the Blessings we have and the people that are keeping us safe.

Tax 120
article thumbnail

EY Survey Ironically Finds the Four-Day Workweek is the New Standard at Many Companies

Going Concern

According to the latest EY Future Workplace Index survey, many companies are moving toward a four-day workweek thanks in part to competition for talent. The survey reveals surprisingly optimistic attitudes from company leadership on real estate investment despite economic tightening, says the press release, a sign that employers want you back in the office at any cost.

article thumbnail

5 CPE Courses To Be Grateful For | Canopy

Canopy Accounting

The end of the year is nearing, which means it’s crunch time for CPAs who still need to earn those mandatory CPE credits. Accounting CPE credits can be acquired by participating in various courses, webinars, and conferences throughout the year. We’re sharing 5 great course options that you’ll be grateful for while finishing your CPE credits for the year.

cpas 98
article thumbnail

How Automation is Driving Efficiency Through the Last Mile of Reporting

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

article thumbnail

Want to Know What Your Employees Want? Ask Them!

BurklandAssociates

One of the best ways to get honest and open feedback from your team is through an anonymous survey. The post Want to Know What Your Employees Want? Ask Them! appeared first on Burkland.

130
130
article thumbnail

HLB Names Bill Hagaman as Chairman

Withum

Withum is proud to share that Bill Hagaman has been appointed Global Chairman of HLB International. HLB, the global advisory and accounting network, announced at their annual summit in October that Bill Hagaman , Managing Partner and CEO of Withum, will take over the post from Corney Versteden. We are delighted to welcome Bill as our new HLB International Chairman.

article thumbnail

3 Holiday Tips for Small Business Accounting

Basis 365

Holiday accounting requires special preparation. It was the week before Christmas and all over town. Every business was busy Other than us. We are dead. Is this you? This time of year is a great time for retailers, but it can also be slow for service businesses. Unfortunately, January will not bring much relief, as the new year usually begins slowly.

article thumbnail

What’s the Status of the 2007 Proposed Cafeteria Plan Regulations?

ThomsonReuters

QUESTION: We know that the IRS issued proposed cafeteria plan regulations in 2007. What is the status of these regulations? Are employers required to comply with them? ANSWER: The IRS has yet to publish final cafeteria plan regulations. Meanwhile, the 2007 proposed regulations can be relied on for guidance until the final regulations are issued, as explained in the preamble.

Tax 97
article thumbnail

Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

article thumbnail

How to Accelerate Your Financial Maturity (And How Virtual CFO Services Can Help)

IgniteSpot

Align Growth with Strategic Goals. To reach financial maturity, the best organizations stay goal-oriented. This can mean different things depending on your company.

98
article thumbnail

Hey Tax People, You’ll Be Thankful For This Remote Job That Promises No More Than 40 Hours a Week EVER

Going Concern

Those of you dreading the idea of yet another busy season (so, all of you) will be interested in this gig: how’s 30 to 40 fully remote hours a week sound to you? So not only will you never have to go into the office, you won’t have to sacrifice all your evenings at weekends hunched over your laptop at home either. Take a look at the description, salary range, and requirements and if you’re so compelled, head over to Accountingfly to apply for this Remote Tax Manager position.

Tax 88
article thumbnail

Baker Tilly reaches Xero Platinum Partner status in Canada

Xero

We’re incredibly excited to share that Baker Tilly Canada has achieved Xero’s Platinum Partner status, which demonstrates the audit, tax and advisory network is helping to lead the way with the future of cloud accounting in Canada. After this new partnership milestone was signed, we were thrilled to attend Baker Tilly Canada’s annual partners conference in Vancouver, where we shared the news and celebrated with attendees.

article thumbnail

Happy Thanksgiving From AccountingDepartment.com!

AccountingDepartment

This year we're especially thankful for our clients and our team - it is their collective energy, positivity, and dedication to success that has made this such a great year.

Account 85
article thumbnail

Recruit and Retain New Blue-Collar Talent

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.

article thumbnail

Revisiting Great Concepts: Removing Unwanted QB Desktop Updates

Intuitive Accountant

Murph shares the link to his earlier article showing you the steps to remove unwanted QuickBooks Desktop Updates that have been downloaded, but not yet installed.

article thumbnail

Holding a Large Position in One Stock? Know Your Options: Exchange Funds

KROST

Do you have a large position in a publicly held company? Are you concerned about having a concentration risk in your portfolio? If the answer is yes, then you should consider using an Exchange Fund, also known as a swap fund. An Exchange Fund provides the opportunity to diversify your stock holdings without triggering capital Read the full article. The post Holding a Large Position in One Stock?

Tax 81
article thumbnail

How promoting the role of accountants and bookkeepers can drive small business growth

Xero

In the House of Lords last week, I watched as we launched our manifesto to support small business recovery. Surrounded by our amazing accounting and bookkeeping partners and small business customers, I understood the magnitude of what we are fighting for. . It was great to be able to connect many with their local MPs and take their issues directly to them during the event.

article thumbnail

Construction Company Employee Vs. Contractor - What You Need To Know

Randal DeHart

Depending on the nature of your construction business, you may have workers who are employees or contractors, or you may have both. Each has its merits, but it's important to review which are to meet your tax obligations. With so much discussion about employees, payroll, and payroll taxes, you may feel like missing out by not hiring many employees. The reality is that as a small business owner, you do not have to hire employees.

article thumbnail

Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses

Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions. Our whitepaper reveals seven must-know facts about instant payments, offering to help you navigate this financial revolution effectively.

article thumbnail

Employee Discounts: A Morale & Sale Boost in One 

Patriot Software

Want to encourage employees to sport your company’s apparel? Or, looking for an employee benefit that’s appealing to new hires? You may consider offering employee discounts. Employee discount programs for small business come with several business benefits, like increased retention and sales. But before offering them, understand what qualifies as an employee discount and whether […] READ MORE.

Sales 79
article thumbnail

Homemade Convenience: Post Pandemic

Withum

The COVID-19 pandemic impacted many transitions including, but not limited to, work-from-home arrangements and home delivery services. The Coronavirus forced the need for contactless delivery as millions of Americans avoided face-to-face interactions. Through this, numerous companies in the technology and consumer products industries such as Zoom, Microsoft Teams, Skype, DoorDash, Uber Eats, Grubhub, and Postmates have experienced significant growth.

article thumbnail

That’s a wrap for Xero Roadshow Singapore!

Xero

It was an absolute privilege to speak at my very first Xero Singapore Roadshow last week – our first major in-person event in nearly three years. What an incredible day it was, meeting the more than 750 accountants and bookkeepers who showed up to engage with the community, share their knowledge and expertise. An extra special thank you to all those who travelled from Hong Kong, Malaysia, the Philippines, Indonesia and elsewhere in the region to attend. .

article thumbnail

Intuit Expanding Online Tax Service for 2022 to Offer New TurboTax® Business

Intuitive Accountant

For 2022, Intuit will introduce TurboTax Business, offering full service and assisted tax services to small businesses through its TurboTax Live experts.

article thumbnail

How CPA Firms Can Profit From Payroll Services Without the Extra Work

"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.