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
Your clients are more likely to stay with you if they feel they are getting great value for the fees they pay you. The challenge comes when you and your client have different views as to what ‘value’ means in this context. Accountants often assume that great value means their fees are competitive and that they aim to provide great client service.
Since the Wayfair decision four years ago, sales tax compliance has had to become a major priority for businesses with multistate sales. In fact, 24% of finance professionals rank one of their top concerns of managing sales tax as keeping up with their evolving nexus footprint, according to a TaxConnex blind survey conducted at the end of 2021. The survey also stated that over 10% of respondents still weren’t fully aware of the impact of Wayfair (economic nexus) on their business.
C ustomer experience has become a hot topic lately. As extensive research has been conducted, many conclusions have pointed to the impact employee experience has on the experiences your customers have. We all know that the better experience your customers have, the more customer loyalty your brand has. It’s more expensive to try and attract new customers than it is to retain current ones.
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.
8 min read. Whether you're a first-time-ever executive director or it's your first time acting as an executive director at a new organization, your new position is going to have some major challenges.
When you pay an independent contractor, you don’t withhold taxes from their wages … or do you? In some cases, contractor wages are subject to backup withholding. So, what is backup withholding, and when do you need to do it? What is backup withholding? IRS backup withholding requires you to withhold tax from payments that […] READ MORE.
When you pay an independent contractor, you don’t withhold taxes from their wages … or do you? In some cases, contractor wages are subject to backup withholding. So, what is backup withholding, and when do you need to do it? What is backup withholding? IRS backup withholding requires you to withhold tax from payments that […] READ MORE.
Top Services Accounting Controllers Provide. Controllers help create financial processes that protect the company from financial harm. They’re your trusted resource to take ownership of accounting, bringing expertise that bookkeepers and accountants don’t have. These strategy-driven financial pros bring specific benefits to the table to push your financial health and business potential to the next level, creating opportunities.
As a small business owner, you have a lot on your plate. You're likely to be busy managing, marketing, and filling a half dozen roles simultaneously if you run a small business. As a result, it's easy to forget about simple accounting issues until it's too late. Taxes on self-employment Self-employment tax may apply if you are self-employed. This tax is around 15.3% and adds to your other federal and state taxes.
The erosion of traditional office space has led to the increasing presence of remote workers, along with the opportunities and challenges that come with a hybrid workforce. On the one hand, this phenomenon opens new opportunities to assemble a workforce that’s dispersed across the country while still allowing the organization to function as one entity.
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.
A lot of times regarding sales tax, the answer to any question is, “It depends.” This is another of those times. And then some. Covid created unique conditions for companies that must collect and remit sales tax, including many temporary breaks regarding worker locations. At the same time, the pandemic turned remote work from an occasional perk to a standard way of operating a company.
For more information, see HR Dive’s summary with links California California was the first state in the U.S. to legally require employers to provide the pay range for a job—if Read More. The post A Guide to States & Cities with Pay Transparency Laws in 2022 appeared first on Burkland.
On 8/16/22, President Biden signed into law the so-called Inflation Reduction Act of 2022 (H.R. 5376). In a statement earlier, the White House said, “President Biden and Congressional Democrats have worked together to deliver a historic legislative achievement that defeats special interests, delivers for American families, and grows the economy from the bottom up and middle out” The White House is also planning an event on 9/6/22 to celebrate the enactment of the bill.
Do you like being in charge of your destiny and are you able to handle stress well? Do you have a great idea for a new business? You may be able to strike out on your own and become the entrepreneur you want to be. Here are some ideas that may help clarify your thinking and help you decide if you could become a successful entrepreneur. What’s Your Personality Type?
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.
Consider bringing on HR when you reach milestones like hiring your first out-of-state employees, adding benefits, and creating an employee handbook. The post When To Hire an HR Professional for Your Startup appeared first on Burkland.
What we’re about to share with you shouldn’t be news to anyone and in fact the only news here is that somewhere, 9.1% of public company hiring managers and 14.8% of private company hiring managers are not struggling to find talent. Well that’s what they reported to Deloitte, anyway. Sheryl Estrada writes in Fortune : Deloitte shared new data with me that found 82.4% of hiring managers for accounting and financial positions at public companies said talent retention is a big cha
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.
Some meetings go on and on and on, and some are held with strong control by the presiding person. Here are some tips to speed meetings along effectively and efficiently by not letting them get hijacked. . First off, this applies equally to in-person and virtual meetings. Running them should be done in a similar manner. Effective and Efficient Meeting Tips.
We can’t wait to catch up with our amazing community in person at Xerocon New Orleans on 24 and 25 August and Xerocon Sydney on 7 and 8 September. Xerocon has been referred to as the ‘Coachella for accountants’ and is an event not to be missed if you’re looking to take your practice to the next level. . If you’re joining us, you can expect to reconnect and form new connections with the Xero team and fellow cloud accounting leaders and learn from inspirational world-class speakers on stage.
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.
With fewer firms vetting what software is right for them, Tax Practice News' Christine Gervais explains why it might not be the system, but you. Check it out on our TPN site.
First it was Deloitte , then PwC , and most recently EY that waded into the Big 4 compensation discussion waters with its employees. We ’ve written quite a bit over the past several months about EY being the only Big 4 firm that didn’t give its grunts a mid-year salary adjustment. But Uncle Ernie did make one concession regarding the usual summertime comp talks last February : .
This guest blog post is written by Jaclyn Anku who runs Community & Education for the HR and payroll platform Gusto. Before joining Gusto, Jacklyn led business education for accountants and bookkeepers at Xero. If a brand is what people say about you when you’re not in the room, a culture is what everyone does when nobody’s looking. And in that way, it’s not really all that abstract.
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.
You might have heard the term ‘Bank reconciliation’ multiple times but did not bother to go in-depth to find out what it is. If you are someone who is in the business game or who is interested in such details, you might know this. Let us see what it is and how it helps in your business in the simplest way. . Bank Reconciliation: Definition . Bank reconciliation is the process of identifying, comparing, and matching your financial records and bank statements.
This guest blog post is written by Satya Tammareddy. Satya currently leads the APAC SaaS Platforms team at Stripe, working closely with SaaS businesses that provide payments and other financial infrastructure to their customers. Prior to Stripe, Satya worked at Dropbox, where she was the company’s first hire in APAC. She previously co-founded an online travel company and worked in investment banking earlier in her career.
Speaker: Claire Grosjean, Global Finance & Operations Executive
Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.
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.
Let's personalize your content