Randal DeHart
AUGUST 26, 2022
There comes a time for every small business to raise its prices. While it may seem scary, remember that it's your job to keep costs fair for you and your customers. That means you have to charge prices that work for you and allow you to remain in business. Am I Not Charging Enough? Knowledge leads to profits and cash flow. What makes knowledge powerful?
RogerRossmeisl
AUGUST 23, 2022
Many people wonder how they can save taxes by transferring assets into their children’s names. This tax strategy is called income shifting. It seeks to take income out of your higher tax bracket and place it in the lower tax brackets of your children. While some tax savings are available through this approach, the “kiddie tax” rules impose substantial limitations if: The child hasn’t reached age 18 before the close of the tax year, or The child’s earned income doesn’t exceed half of his or her s
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Patriot Software
AUGUST 25, 2022
As a busy business owner, you’re always looking for ways to save your time and money. And, you certainly don’t want to waste your precious time, energy, and hard-earned cash on accounting tasks. The solution? Accounting software. Along with saving your money and time, there are plenty of other advantages of accounting software. Ready to […] READ MORE.
TaxConnex
AUGUST 25, 2022
Consistent (i.e., “good”) service is a nice thing to have in any industry. In a field that changes as fast as sales tax, it’s a necessity. But providers have their own business priorities as well and if customer service isn’t at the top of their list, changes could end up harming you. Maybe they’ve priced themselves out of your range or discontinued the service you need, or have become too big to match your specific needs.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
RogerRossmeisl
AUGUST 23, 2022
On its website, the IRS has issued guidance on accessing the Inflation Reduction Act of 2022’s tax credits for electric vehicles (“Plug-in Electric Drive Vehicle Credit at a Glance”), while the Energy Department listed credit-eligible cars, trucks, and SUVs (“List of Vehicles with Final Assembly in North America”) on 8/16/22, just hours after President Biden signed the law.
Going Concern
AUGUST 25, 2022
*post image is not Steve, just some guy from iStock. Letters to the editor are great because they clue you in to how a reader identifies with what you’ve written and often the writer will share their own experience viewed through the lens of your story. In this case, the reader-submitted letter we’re about to share with you was written not to us but to Fortune in regards to this August 15 article about the struggle to find accounting and finance talent (we wrote our own take on Delo
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Mark Lee
AUGUST 23, 2022
One of the many recurring topics in my conversations wth accountants is their approach to quoting fees. Twice in the last week I have been asked my view on fee quotes sent out by accountants I am mentoring. They are not alone. I know from my webinars and group sessions that plenty of sole practitioners are frustrated by the same issue. In each of the most recent cases I noted that the accountants had made similar mistakes.
Patriot Software
AUGUST 22, 2022
Part of being an employer means running payroll. And chances are, you probably have to deal with a few types of payroll deductions, like 401(k) or health insurance, when paying employees. But, what happens when you have to deal with a deduction that you don’t have consent for, like a correction for a payroll error? […] READ MORE.
RogerRossmeisl
AUGUST 23, 2022
Excerpt of an article posted to the ARK Invest website on 7/15/22 According to the research of ARK Invest, during the next five years the auto industry as measured in units will grow, but as measured by enterprise value, it will shrink. In 2021, the number of light vehicles sold globally was 78 million and the enterprise value of automakers, roughly $3.5 trillion.
Advertiser: Paycor
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.
BurklandAssociates
AUGUST 23, 2022
Employee documentation can help your company raise that next round of funding and mitigate any allegations of unfair employment practices. The post Employee Documentation: Tips & Examples to Save Your Startup Money appeared first on Burkland.
Acterys
AUGUST 25, 2022
This month, we are again releasing major improvements for Acterys. Our development team has been pretty busy working on significant functionality improvements and new features to make your experience with our products better in terms of speed, usability, security, and ease of use. We have added multiple new features, new Apps, upgraded Power BI visuals with refined functions, and enhanced overall application security.
TaxConnex
AUGUST 23, 2022
We are excited to announce that we have been chosen by the Georgia Society of CPAs to speak at two events this fall and exhibit at this week’s Southeastern Accounting Show ! “We are excited to work with GSCPA at these three events” explained TaxConnex Partner and Chief Revenue Officer, Brian Greer. “It’s been a long time since these events have been in person and we’re glad to be back out there speaking and meeting with our partners, clients, and future clients.
RogerRossmeisl
AUGUST 21, 2022
Sadly, many businesses have been forced to shut down recently due to the pandemic and the economy. If this is your situation, we can assist you, including taking care of the various tax responsibilities that must be met. Of course, a business must file a final income tax return and some other related forms for the year it closes its doors. The type of return to be filed depends on the type of business you have.
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.
BurklandAssociates
AUGUST 23, 2022
You most likely have bought yourself a short amount of time with this employee before the same issues that caused them to look happen again. The post Why Creating a New Job to Retain Someone Can Be a Bad Idea appeared first on Burkland.
Withum
AUGUST 22, 2022
Many organizations have been surprised when they find that cyber insurance premiums have gone up and they now have less coverage. Some organizations are not able to renew their insurance pending proof of meeting the insurance company’s requirements that they have the controls needed to protect and defend themselves against cyberattacks. In another organization, a cyber insurance company denied their renewal because they could not clearly identify their cyber risk which the insurance company stat
Intuitive Accountant
AUGUST 21, 2022
To help you keep up with the many innovative features at Intuit, Liz Scott tells you everything you need to know about the new Quickbooks Online Payroll Employee Details screen.
RogerRossmeisl
AUGUST 23, 2022
These days, most businesses have websites. But surprisingly, the IRS hasn’t issued formal guidance on when website costs can be deducted. Fortunately, established rules that generally apply to the deductibility of business costs provide business taxpayers launching a website with some guidance as to the proper treatment of the costs. Plus, businesses can turn to IRS guidance that applies to software costs.
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
Xero
AUGUST 25, 2022
In just a couple of weeks, accountants and bookkeepers from all over Australia, New Zealand and Asia will descend upon Sydney’s International Convention Centre (ICC) for two days of inspiration, education, connection and fun. You guessed it; we’re talking about the return of Xerocon! After a three-year hiatus, we couldn’t be more excited to bring you – our partner community – together again at the world’s most beautiful and innovative conference for cloud accounting leaders. .
Withum
AUGUST 25, 2022
On August 24, 2022, the IRS issued Notice 2022-36 to announce broad-based penalty relief for certain failure to file penalties with respect to tax returns for taxable years 2019 and 2020 as long as they are filed by September 30, 2022. The Notice also provides relief from certain information return penalties with respect to taxable year 2019 returns that were filed on or before August 1, 2020, and with respect to taxable year 2020 returns that were filed on or before August 1, 2021.
Intuitive Accountant
AUGUST 23, 2022
First in our Payroll and Benefits Software/Apps mini-series is ADP. From basic payroll to a full suite of HR tools, it offers services most small- to medium-sized businesses need.
RogerRossmeisl
AUGUST 21, 2022
A business or individual might be able to dispose of appreciated real property without being taxed on the gain by exchanging it rather than selling it. You can defer tax on your gain through a “like-kind” or Section 1031 exchange. A like-kind exchange is a swap of real property held for investment or for productive use in your trade or business for like-kind investment real property or business real property.
Advertisement
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.
Xero
AUGUST 22, 2022
In case you haven’t heard, Xerocon is back with a bang. From London to New Orleans, and soon, Sydney, this year’s event series is an international tour celebrating our partner community around the globe. Whether you’re a first-timer or veteran, it’s safe to say you can expect the unexpected. After all, it’s been coined the world’s most beautiful and innovative conference for cloud accounting leaders for a good reason.
Withum
AUGUST 26, 2022
You cannot avoid stock market ups and downs. There will always be volatility and changes. Actually, the stock market is a vast auction, and for every seller, there is a buyer. When more people are selling, prices drift downward. When more want to buy, prices increase. Buyers see opportunities where sellers see threats. There are many situations reported in the financial news of some hotshot investors selling stocks that then increase greatly soon afterward.
Intuitive Accountant
AUGUST 22, 2022
Intuit has been working on a new QuickBooks migration tool for desktop to online. We told you about some of its efforts last spring—now those efforts are full speed ahead with the new tool.
Patriot Software
AUGUST 26, 2022
Sometimes, payroll mistakes happen. If you pay an employee less money than you should have during a pay period, you owe them retro pay. What is retro pay? What is retro pay? Retro pay, or retroactive pay, is the compensation you owe an employee for work performed during a previous pay period. The difference between […] READ MORE.
Advertiser: Paycor
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.
Basis 365
AUGUST 24, 2022
Many organizations are now at greater risk due to the dramatic increase in people who work from home. Therefore, you and your employees must take steps to protect sensitive data in your company and its privacy. You can start by ensuring everyone in your team is aware of these best practices for data protection when working remotely. 1.Keep your devices patched up and current You can prevent your devices from becoming vulnerable by setting aside time each week for security updates.
ThomsonReuters
AUGUST 25, 2022
QUESTION: Many of our employees do not have computer access for their jobs. Can we provide SPDs for the company’s ERISA health and welfare plan to those employees using a flash drive, CD, or something similar that they can use on their home computers instead of mailing paper copies? ANSWER: In general, welfare plan SPDs (and other ERISA disclosures) may be furnished electronically to employees without work-related computer access if certain requirements are met, including obtaining the employe
Intuitive Accountant
AUGUST 25, 2022
Payroll are not the only apps we're covering in our Payroll & Benefits miniseries. That's why our first Benefits feature is 401GO, whose self-declared mission is to ensure every American is retirement ready.
Patriot Software
AUGUST 25, 2022
Do you daydream about working with family members? You may consider hiring your child if you’re a small business owner. That way, you can show them the ins and outs of your business and the importance of hard work. At the same time, you gain an extra set of hands to get tasks done (win-win-win!). […] READ MORE.
Advertisement
"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.
Expert insights. Personalized for you.
80 
Let's personalize your content