Sat.Nov 06, 2021 - Fri.Nov 12, 2021

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The Top Four Finance Pain Points for Consumer Startups

BurklandAssociates

I’ve spoken with hundreds of founders at Consumer startups over the years, and from a Finance and Accounting perspective, the same four pain points come up over and over again. Read More. The post The Top Four Finance Pain Points for Consumer Startups appeared first on Burkland.

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3 Components of Sales Tax to Not Forget

TaxConnex

You might think that collecting the tax and filing a tax form is all you need to be sales tax compliant. You wouldn’t be completely wrong – filling out the form is a huge start – but other steps are needed to fully manage your compliance. 1. Knowing When and How to Remit Payments. Ideally, all your sales tax calculations are managed in one system to produce a single report each month with details of all your sales and use tax liabilities.

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Is Someone Stealing Your Company’s Secrets?

RogerRossmeisl

Corporate espionage has long been a threat for U.S. companies. Recently, intellectual property theft by foreign governments and organized crime gangs has grabbed headlines — for good reason. According to the U.S. Justice Department, 80% of its economic espionage prosecutions target schemes that would benefit China. Yet for most businesses, the threat comes from employees and former employees who take advantage of lax environments with few internal controls.

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House Passes Infrastructure Bill

Withum

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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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Keep Going: Valentino’s Story

MazumaBusinessAccounting

On October 16, 2021, Valentino Luna launched Corporate Diagnostic Center and D.K. International Corporation. That day also marked a meaningful anniversary for Valentino. It was 25 years to the day since Valentino ran away from home, opting to live on the streets and scrounge food from garbage cans rather than stay in an abusive environment. “I did my grand opening on that day because I want to remember always that as long as I make the right decision and I keep going and I believe in mysel

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What's New in October for State Sales and Use Taxes

TaxConnex

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. ‘Tis the season: Even as critics claim that Amazon’s recent earnings slump might signal the beginning of the end of the e-commerce boom, holiday e-commerce sales are expected to hit a record $207 billion in the U.S. in November and December, a 10% jump over last year.

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IRS Releases 2022 Cost-of-Living Adjustments for Health FSAs, Transportation Benefits, Adoption Assistance, and More

ThomsonReuters

Rev. Proc. 2021-45 (Nov. 10, 2021); IRS News Release IR-2021-219 (Nov. 10, 2021). Rev. Proc. 2021-45. News Release. The IRS has released the 2022 cost-of-living adjustments (COLAs) for a wide variety of tax-related limits, including limits relating to health FSAs, qualified transportation fringe benefits, qualified small employer health reimbursement arrangements (QSEHRAs), adoption assistance, DCAPs, the small business health care tax credit, the premium tax credit, and Archer MSAs.

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B2B, Cybersecurity, and the Relative Unimportance of Business Valuation

GrowthForceBlog

7 min read. To achieve long-term success as a venture capitalist, you have to know business – and not just a few aspects of business management – but the ins and outs of startup strategy and operations, people, and relationships.

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2021 Ultimate List of Small Business Tax Deductions

xendoo

With the year coming to an end, tax return season is just right around the corner. For small businesses, that means being prepared to find all of the small business tax deductions you can to minimize your payout to the IRS. . Get prepared for tax season with these small business tax deductions that may apply to your business. . Tax Dates. When filing taxes, knowing the deadlines is an essential part of being organized and prepared.

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Helpful KPIs for Revenue & Profitability in a Service Industry

AccountingDepartment

Key Performance Indicators (KPIs) are a pertinent part of measuring the successes and failures of a business. Measuring, tracking, and benchmarking KPIs allow business owners and leaders to keep a finger on the pulse of how their business – or individual departments – is performing at any given time.

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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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Review Your Hospital’s Community Health Needs Assessment and Implementation Plan!

Withum

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4 international tax planning strategies for global companies

ThomsonReuters

Corporate international tax planning is a major challenge for companies that do business in multiple countries. To be aware of pitfalls such as international double taxation — being taxed for the same income in two different countries — they must plan strategically. Such planning is also crucial for staying compliant with tax laws in each country in which they operate, laws and regulations that are complex, vary widely among each country’s jurisdiction, and are often changing.

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The Damage Inflicted by Financial Statement Fraud

FraudFiles

Financial statement fraud impacts any person or organization that has a financial interest in the success or failure of a company. A manipulation of the company’s reported earnings or assets can affect a bank that extends credit to the company, a shareholder who invests money in the company, and those organizations that enter into contracts or agreements with the company.

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A Vistage 2022 Outlook and the Workforce Revolution

AccountingDepartment

With 2021 soon coming to a close, confidence among CEOs of small to medium-sized businesses remains strong and Vistage outlined some of the things to expect from companies going into 2022.

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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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Money is on the Table: Claim the Employee Retention Tax Credit!

Withum

Tax 72
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What is transfer pricing? Documentation requirements by country

ThomsonReuters

Multinational corporations often use transfer pricing to allocate earnings among subsidiary and affiliate companies that are part of the parent organization. The practice is being increasingly regulated to ensure that profits are taxed at the place where value is created. In fact, a global effort is underway to tighten the restrictions and increase the documentation requirements for this practice, adding a significant amount of work and responsibility to the task of the corporate tax professiona

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10 Things to Consider When Selling Your Business

LSLCPAs

So much has happened in the past twenty months that some business owners wonder if they should stay in their businesses or sell that arguably largest asset. We asked LSL long-time friend Dora Lanza, a veteran mergers and acquisitions expert, for her thoughts. She is the co-founder and COO at 22-year-old Plethora Businesses. Here’s what. The post 10 Things to Consider When Selling Your Business appeared first on LSL CPAs.

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Accounting For Good farewells Castlereagh Street

Accounting for Good

The post Accounting For Good farewells Castlereagh Street first appeared on ACCOUNTING FOR GOOD.

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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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Agility Series: Choosing the Right Project Management Model

Withum

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IRS Announces 2022 Retirement Plan Dollar Limits and Thresholds

ThomsonReuters

IRS Notice 2021-61 (Nov. 4, 2021); IRS News Release IR-2021-216 (Nov. 4, 2021). IRS Notice. IRS News Release. The IRS has announced the 2022 dollar limits and thresholds for retirement plans, which reflect the latest cost-of-living adjustments. (Dollar limits and thresholds primarily affecting health and welfare plans were announced in separate guidance; see our Checkpoint article.

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Padgett & Padgett, PLLC CPA’s Rundown of the 5 Basic Business Entity Types

SkagitCountyTaxServices

The shape of your business affects your future and when I’m talking about the “shape,” I of course am referring to your Skagit County business entity type. Did you know that you CAN change that after the fact? Depending on which entity you are switching to, the process can be painful … but you are NOT “locked-in” to a particular entity for the entire life of your business.

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How Do I Register My New Business in New Hampshire? Small Business Guide

Steve Feinberg

If you’ve been thinking about turning your hobby into a full-time job, or you have an idea for a product that people can’t live without, then New Hampshire is a business-friendly state in which to incorporate your new venture. New Hampshire’s tax burden is low for business owners, and there is no general sales or personal income tax either, making it an attractive prospect for potential employees.

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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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FASB Issues Guidance on Use of the Risk-Free Rate in Valuing Leases Under ASC 842 for Nonpublic Companies

Withum

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U.S. Supreme Court Agrees to Review MSP Dispute Over Health Plan’s Coverage of Dialysis Benefits

ThomsonReuters

Marietta Memorial Hosp. v. DaVita, Inc., cert. granted, No. 20-1641 (U.S. Nov. 5, 2021). Available at [link]. The U.S. Supreme Court has agreed to settle a dispute between two appellate courts regarding the Medicare Secondary Payer (MSP) rules and health plan coverage of dialysis. In the underlying case, a large dialysis provider sued an employer/plan administrator and its TPA, challenging the plan’s classification of all dialysis providers as “out-of-network,” resulting in a lower reimbursemen

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Get Organized with KROST’s Will & Trust Asset Legacy Planner

KROST

Do you have a plan prepared for your family and beneficiaries? Does your chosen successor trustee, executor, or beneficiary(ies) know how to access all of your financial, medical, insurance, and social media information when the time comes? Even with a comprehensive will and trust, you’d be surprised how complicated it can be to manage. To mitigate emotional, tax, and administrative burdens, we’ve created a Will & Trust Asset Legacy Planner.

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Lifestyle Analysis for Divorce and Child Support

FraudFiles

One of the chief concerns in a divorce or child custody case is identifying the true income of one or both of the parties. It is not unusual for such a case to include allegations of hidden income or assets. It is common for a closely held business to suspiciously encounter declining sales and profits following the filing of a family law case. In each of these instances, properly determining the income of the party is critical to getting a fair and equitable settlement, maintenance award, or chi

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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 Hagaman Establishes First-Generation Student Endowed Scholarship at Stockton University

Withum

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Quotes to Inspire – Flashback Friday

RitaKeller

“I’m not comfortable unless I’m uncomfortable.”—Jay Chiat. This week I am featuring a blog post from way back in 2015. The title is, “Monday Morning Thoughts Worth Sharing” but they certainly apply to a Friday. In 2015 I said, “The business world is fast-moving, demanding, and constantly changing.” It certainly still applies today, probably more so.

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[11/11/21 NEW] Interview of Baruch Lev with The Soul of the Enterprise

Baruch Lev

Click or tap here to listen to the show! Ron and Ed welcome back Professor Baruch Lev from NYU Stern Business School. He was last on back in July 2016 and we discussed his book, The End of Accounting and the Path Forward for Investors and Managers. We talk more about that book and his more recent article in Accounting Today, The sad state of accounting standards.

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A-Jay Orr

GBQ

As a U.S. Army veteran, selfless service in the pursuit of the greater good is A-Jay Orr’s binary code. And it’s the values he learned at age 17 that prompted this entrepreneur and author to future-proof businesses through innovative cybersecurity solutions. This is reflected in his creation of Simple Plan IT , whose mission is to take the confusion out of IT and prove to business leaders that investing in new technology can be practical, effective, and stress-free.

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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.