Sat.Dec 17, 2022 - Fri.Dec 23, 2022

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12 ways you could make more money in your accounting practice

Mark Lee

Most of the accountants who approach me start by talking about their problems and what appears to be an immediate challenge. As the conversations progress I am typically able to help them consider the real issues that are causing the challenge that prompted their call.

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What are Ghost Assets?

Simple Accounts

Do ghosts exist? Yes, no , or maybe, but ghost assets do exist. They are in your records, but you tend to ignore their presence a nd end up in trouble. . Any asset that is lost, stolen, or unusable but is still listed as active on your fixed asset register is referred to as a “ghost asset.”

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5 Common Challenges Faced with Payroll Outsourcing Services

Basis 365

Outsourcing payrolls can significantly reduce your workload and save time and money, allowing you to focus on your business growth and take care of other essential tasks. As a result, many companies now turn to payroll outsourcing.

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Top 5 Accounting Problems & Solutions

IgniteSpot

What causes accounting problems? So many things can throw your books out of whack, having a ripple effect on your business operations, financial outlook, and even your team. Several red flags lead to confusion and inaccuracies.

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The CPA Firm Growth Strategy: From Compliance to Consulting

Speaker: Rita Keller - President of Keller Advisors, LLC

Join Rita Keller, seasoned CPA firm management strategist and consultant, for an insightful discussion on the importance of diversifying your accounting skills.

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The Difference between Bookkeeping and Accounting

SMBAccountant

Bookkeeping and accounting are often used interchangeably when describing a process of recording financial transactions for a business, but they are not the same functions.

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5 New Year's Resolutions for Accountants in 2023 | Canopy

Canopy Accounting

It’s almost time to ring in a new year and what better time to start fresh and improve yourself and your career? 2023 is going to be your year and it’s up to you to make the most of the opportunity! With self-improvement in mind, here are 5 New Year’s resolutions accountants should have this year.

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You’ve Collected it … Now What? How to Pay Sales Tax for Small Business

Patriot Software

You know that little line at the bottom of your receipts and invoices that says Sales Tax? As a business owner, it’s not your responsibility to pay it out of pocket. But it is your responsibility to collect and remit sales tax.

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The Wall That 7-Figure Firms Face

Ryan Lazanis

Many have developed their company swiftly past mid-6 figures, and while it wasn’t simple, things change when they hit 7-figures. Worst, they get stuck. I will explain two ways I diagnose this wall to help business owners break through it. Listen Below.

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The future of Indirect Tax (IDT): How to take charge of changes

ThomsonReuters

In the past few years, indirect tax specialists have had to deal with the Covid pandemic, Brexit, an ever-changing landscape of rules and regulations, budget tussles, hiring difficulties, and numerous other challenges. The professional terrain is no less rocky heading into 2023.

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Sales and Use Tax for Leasing – Not as simple as you may think

TaxConnex

This was previously published in Monitor Daily – check out the article now! link]. Today’s economy has allowed rental and leasing companies to flourish. Many jurisdictions impose a sales tax on the rental or lease of tangible personal property.

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Book of Secrets for the Month-End Close

Developing a consistent month-end close doesn’t need to be a mystery. We’re sharing our top 10 secrets (plus one bonus!) for streamlining your close.

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Managing Remote and Hybrid Workers

VetCPA

Whether or not the number of people working from office buildings returns to pre-COVID levels, one thing appears certain: Remote and hybrid work models are here to stay.

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IRS delays $600 threshold for 1099-K reporting

Accounting Today

IRS Tax Tax regulations Tax laws Tax forms

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Wall Street Journal Addresses the Accountant Shortage, Suggests a Recession Could Fix It

Going Concern

I made my entrée into accounting way back in 2007, at the time my job involved a three-hour roundtrip journey across four Bay Area counties and back and I was looking for something a bit closer to home.

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Sales tax for Shopify users

TaxConnex

Shopify is one of the most popular e-commerce platforms. The e-commerce website builder claims that more than 1.7 million businesses have made over $200 billion in sales with the Ottawa, Ontario-based company’s websites.

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10 Ways to Keep Your Hourly Employees

Getting and keeping hourly workers is no longer as simple as offering them more cash. Employees have options. But this guide from Paycor will help you put your best foot forward to recruit, retain, and develop hourly workers so you can remain competitive.

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Readers’ Favorites: Our Top Blog Posts of 2022

BurklandAssociates

2022 was a challenging year of surprises for startups and investors. Our readers found these blog articles to be especially helpful. The post Readers’ Favorites: Our Top Blog Posts of 2022 appeared first on Burkland. Accounting CFO Insights HR SaaS Taxes

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Trends in client documentation that make accounting easier and audits less painful

Accounting Today

Bookkeeping Accounting Tax audits Document management IRS

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Forbes Names Anders One of America’s Best Tax and Accounting Firms

Anders CPA

For the fourth year in a row, Anders has been named to Forbes’ America’s Best Tax and Accounting Firms List for 2023. With thousands of firms recommended in tax and accounting, Anders is one of 160 firms in the country to be named on both lists.

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Happy Holidays from AccountingDepartment.com!

Accounting Department

Co-founders Dennis and Bill recorded their annual holiday message to clients, sharing their views on the past year as well as what they're planning for the future! and maybe a few bloopers to enjoy at the end). holiday virtual company ADC news company news

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The CFO Playbook: How to Decrease Costs & Increase Engagement

Learn how to reduce costs while simultaneously increasing employee morale.

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Deloitte UK Got a 27.5% Discount on Audit Fines For Admitting They Screwed Up

Going Concern

That sound you hear? It’s KPMG leadership breathing a heavy sigh of relief for not being the name attached to audit failure headlines this week. Our lucky winner today is Deloitte.

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IRS tax return backlog will continue into 2023 filing season

Accounting Today

Tax returns TIGTA IRS Tax

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Government announces phased mandation of Making Tax Digital for ITSA

Accounting Insight

Self-employed individuals and landlords will have more time to prepare for Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA), following a government announcement today (19 December 2022).

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An Outsourced Bookkeeper Could Be The Perfect Addition to Your Business

Accounting Department

Small businesses, especially start-ups, face all sorts of challenges, and one of the biggest is keeping track of financial information.

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Virtual Cards — Everything You Need to Know

Speaker: Eoin Hession, Controller at Recharge

Even though virtual cards have been part of the payments system for over ten years, there remains a lack of clarity around how they work and their value to companies large and small. In this webinar, Eoin Hession, Controller at Recharge, talks about how his company uses virtual cards in their operations. Sign up today!

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Guess How Much the End-of-Year Staff Bonus Was at CliftonLarsonAllen For 2022?

Going Concern

If you said $2,022, you ’d be correct! A tipster from CliftonLarsonAllen told us on Monday, “$2,022 is how much the gift was to all employees. Very pleased with it. It was a complete surprise and appreciated by a lot of my colleagues.

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BDO aims to increase diversity and inclusion

Accounting Today

Diversity and equality Practice management BDO USA

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12 Days of Canopy

Canopy Accounting

The Canopy team is excited to share the most impactful releases launched for you in 2022. In the true spirit of Christmas, sing along with a few of our Canopians here while browsing through more detailed information about these 12 game-changing features. Canopy Features and News

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How a Board of Directors Should Respond to a Crisis

GrowthForceBlog

9 min read. When most nonprofit missions are focused on dealing with crises that are occurring every moment of every day, nonprofit leaders can easily lose sight of crisis response planning and strategic crisis management for the potential crises that could occur in the future. Key Takeaways.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

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 speeding up the month-end close and better managing your remote teams.

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FIFA World Cup 2022 – Does Captain America Owe Uncle Sam?

Withum

Whether they grew up playing in the parks of Hershey, Pennsylvania, the frequent downpours of Oxfordshire, UK, the bitter cold of Detroit, Michigan, or the manicured training fields of Borussia Dortmund, most aspiring pro soccer players dream of playing in the World Cup.

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Treasury plans tax guidance on IRA by year's end

Accounting Today

Biden Administration Treasury Department Tax Tax regulations Tax laws

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Reclaiming Your Time And Switching Off During The Holidays

Randal DeHart

Small construction company owners like you already have a time-consuming and challenging job running your business. If you're working on weekdays, you usually need the weekend to catch up on paperwork, pay bills, and manage any tasks you didn't get to during the week.

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Business Budgeting Software Guide: Budgeting Software for Small to Enterprise Business

Snyder

Business budgeting is an integral part of running a business. A recent study analyzing startup failures showed running out of cash as one of the top reasons for them to crumble. In light of this, business budgeting looks like something not to ignore.

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Building Smart with Distributed Teams

Speaker: Sam Ross, General Counsel at Remote; Jenny Bloom, former CFO at Zapier & Darren Murph, Head of Remote at GitLab

It’s clear that distributed teams are here to stay in some form or another. Adapting to this reality means finding the right systems and processes that support remote workers — including international ones — while controlling for risks and communication challenges. Watch to find out more!