Sat.Jul 02, 2022 - Fri.Jul 08, 2022

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10 midyear tax planning moves

ThomsonReuters

Once you’ve had a chance to catch your breath following the spring busy season, it’s time to remind your clients that tax planning is where you can really add value. In addition to the usual midyear planning ideas, possible tax law changes must be considered as you recommend ways to improve your clients’ cash flow by saving (or at least deferring) taxes.

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How to solve your firm’s staffing crisis

Accounting Today

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How to Increase Profit Margins Through Virtual CFO Services

IgniteSpot

What are virtual CFO services? A virtual CFO does everything an in-house chief financial officer does, either part-time or on contract. These pros are typically a more accessible option for small businesses that maintain a low overhead. That’s because the alternative—an in-house CFO—is usually expensive.

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Blog: 6 things to know about sales tax in Canada

TaxConnex

Can U.S. companies sell profitably to the north? Sure, if statistics are any indication Canada is the 10th-largest eCommerce market in the world estimated at 35 billion USD last year. Sounds enticing. What about the sales tax obligations? Our neighbors to the north share several similarities with the United States when it comes to sales tax – but there are key differences.

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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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Legal Protections for Franchise Dealers Against Direct Manufacturer Sales

RogerRossmeisl

As posted to CBT News on 6/14/22 (Click Image to View Clip – Run Time: 18 min, 46 sec) Automakers have been making some unprecedented moves with regards to electric vehicles. so much so that many franchise dealers are becoming concerned about the future of their businesses. In this clip, automotive attorney Len Bellavia sits down virtually with Jim Fitzpatrick on CBT News’ “Inside Automotive” to discuss recent factory announcements as well well as his perspective on the f

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Black CPA Centennial distributes $93.5K in scholarships

Accounting Today

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Blog: Sales tax post-Wayfair: Costly for remote sellers, a cash cow for states

TaxConnex

If it feels to you like the whole economic nexus and sales tax landscape is one-sided, the U.S. Government Accountability Office and many small businesses seem to agree. A GAO report states that all states with a statewide sales tax and D.C. adopted remote sales tax laws covering online sellers in the wake of 2018’s Supreme Court Wayfair decision – and due to those adoptions, 33 states reported $23 billion in remote sales tax revenue in 2021.

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Tesla Model Y 4680 Structural Battery Pack Analysis

RogerRossmeisl

As posted to the Munro Live YouTube Channel on 7/5/2022 (Run Time 17 min, 23 sec) The team at Munro & Associates just dropped the structural battery pack (with 4680 cells) out of their brand new Texas-made Tesla Model Y. What they found is some that they’ve never seen. ever. The seats, console, carpet, etc. are mounted to the structural battery pack which can be removed in one assembly from the bottom of the car.

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OSCPA gives $54K in scholarships to Oklahoma accounting students

Accounting Today

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EY Continues Streak As Big 4’s Busiest Audit Firm

Going Concern

EY has had a few firsts in recent years: first Big 4 firm with unlimited PTO , first audit firm to get a $100 million fine from the SEC , first Big 4 firm to compare men and women with waffles and pancakes , and first place among the Big 4 in public company audit clients for the past seven years. Make that eight straight years now. Audit Analytics recently released its annual market share analysis of auditor engagements at public companies , and the top 10 firms by registrant counts in 2022 are

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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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Making it easy to import transaction data into Xero

Xero

At Xero, we’re always developing new solutions that automate data entry to make life easier for our customers. One of our most loved features — bank reconciliation — is a core part of our vision to automate routine tasks, so you can focus on what matters most. Many of our customers enjoy bank feeds, which automatically imports data into Xero so you can complete your bank reconciliation.

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How to Build a Culture of Precision

Intuitive Accountant

Turning data into actionable insights requires a technological solution that can provide a single source of truth. Jedox CEO Florian Winterstein explains.

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AICPA previews revamped CPA exam

Accounting Today

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New Hires Are Making Absolutely Wild Demands Like Decent Salaries and Remote Work, Says Guy

Going Concern

Fresh off the ole tweet machine today we have this: New hires in accounting with 0 exp are demanding: – $80k-$100k. – Remote work. – 30 hours a week. – Client contact / advisory roles. This is unsustainable. What does the future of U.S. talent strategy look like? — Brandon Hall (@bhallcpa) July 8, 2022. Discuss. And don’t bully Brandon, he agrees new hires are grossly underpaid, underappreciated, and overworked. “Firms can’t pay new grads $100k unless th

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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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Your small business tax time questions answered

Xero

This is a guest post by accountant Daniel Hardy of Xero Platinum Partner firm Caveo Partners. Recently, Caveo Partners was named the best boutique firm of the year at the Australian Accounting Awards. . With a new financial year upon us, you might be thinking, what’s next for my small business? In fact, you’ll likely have all kinds of thoughts about where you’re at and where you’re headed next.

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Some Changes Are Not Always Better

Withum

I read once that the shark hasn’t evolved in tens of millions of years. At some point, it reached perfection in its swimming and eating skills, so it had no need to change. On July 4 th, we had for dinner hot dogs with sauerkraut, French fried potatoes, Heinz Vegetarian Baked Beans and the usual condiments. That morning I had a bowl of Rice Krispies with a cut-up peach.

Tax 111
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IRS audited former FBI directors Comey and McCabe

Accounting Today

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The Talent Crunch is So Bad Firms You’ve Never Heard of Are Offering $7000 Referral Bonuses

Going Concern

LaPorte who? Well now you’ve heard of them. From New Orleans City Business : “Just like every other company and industry, we have felt the effects of the ‘Great Resignation,’” said Patty Paz, chief operating officer at LaPorte CPAs & Business Advisors. “We have worked hard over the last two years to put in place several initiatives to even out our losses and gains.”.

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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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How to Simplify Your Accounting in a Business Acquisition

Anders CPA

Acquiring a company can come with many twists and turns to navigate. One of those being the accounting involved in combining businesses. To help simplify purchase accounting for business combinations involving private companies, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-18 back in December 2014.

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Clockwork – A July 2022 Analytics/Reporting App

Intuitive Accountant

Along with reporting apps, we're looking at apps that perform financial metrics and business analytical forecasting. See why Clockwork is an easy to use app to predict, manage and plan your business finances.

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Crypto crash halts states' plans to accept Bitcoin for taxes

Accounting Today

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Sick Balance on Paycheck Requirements by State 2022

Patriot Software

No matter when you cut your checks for your employees, paychecks usually come with a pay stub. A pay stub, or check stub, explains details about your employee’s pay. Depending on where your business is located, you may also have to share information about the employee’s paid sick leave. This article will explain sick balance […] READ MORE.

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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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3 Withum Partners Named to NJBIZ 2022 Accounting Power 50 for Second Consecutive Year

Withum

Withum is proud to announce that three Partners, including Managing Partner and CEO Bill Hagaman , were named to the 2022 Edition of NJBIZ ’s Accounting Power 50 List. In the Number 6 spot , Bill Hagaman was praised for his longtime leadership at the Firm and his success in its growth. Additionally, the profile expands on Bill’s efforts in fostering an inclusive workplace for Withum teammates, including the Firm’s placement on lists like the Human Rights Campaign’s Corporate Equality Index and D

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Build a Tech Stack For Business In the Digital Age

Intuitive Accountant

Although no two businesses operate in exactly the same way, several applications will benefit most accounting firms - Payroll, Document management, Payments, Billing or invoicing Expense management

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IRS offers simpler way for estates to extend time to file for tax exclusion

Accounting Today

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NetSuite Automation Could Be What You Need To Grow

AccountingDepartment

Implementing a strong ERP system like that of NetSuite lays the groundwork for companies to further their automation capabilities, efficiencies, and more.

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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.

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Bill Bradshaw Named to ROI-NJ’s List of Most Influential DEI Leaders in 2022

Withum

Bill Bradshaw , Director of Inclusion and Diversity at Withum, was named in the New Jersey publication ROI-NJ as a top DEI leader in the state. Since joining the Withum team as the first Director of Inclusion and Diversity, Bill spearheaded initiatives that further established Withum’s commitment to fostering authenticity, transparency and engagement to uphold three pillars of inclusion and diversity; workforce, workplace, marketplace.

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“Would You Like to Round up for Charity?” 6 Facts to Know About Checkout Donations 

Patriot Software

You’re at the checkout counter, wallet in hand, preparing to pay for your purchase. But before you can, the cashier asks if you’d like to round up or make a donation for charity. Sound familiar? If so, you’re part of the millions of consumers hit with a request for checkout donations. And if your business […] READ MORE.

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U.S.-China talks over delisting stocks hinge on redacted audits

Accounting Today

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Introducing our Xerocon London event partners

Xero

Xerocon London is a great opportunity to hear the latest news and updates from the Xero community and get inspired by some fantastic speakers. It’s also a chance to find out more about some of the powerful apps, tools and services from across the accounting and small business industries. This year more than 50 cutting edge app partners from the Xero App Store will be exhibiting at Xerocon.

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Data Talks, CFOs Listen: Why Analytics Are Key To Better Spend Management

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.