Sat.Jul 23, 2022 - Fri.Jul 29, 2022

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Your Favorite Accountants in Pop Culture | Canopy

Canopy Accounting

Have you ever wondered how the rest of the world views your job? Entertainment can sometimes give us a peek through that window. Usually, when we want to plug into TV or movies, it’s to escape our daily lives. But, sometimes, it can be fun to watch shows about our lives, especially our work lives! There’s shows about doctors, lawyers, IT teams, journalists, government officials and a myriad of other professions.

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7 Indicators It's Time to Switch Sales Tax Compliance Providers

TaxConnex

Partnerships, just like your sales tax obligations, evolve over time. Sales tax is not a set it and forget it task, so if you’ve handed things off and aren’t sure how things are going, it may be time for a check-up with your provider. By examining a handful of operational indicators, you can assess whether your provider is still the right fit for your business.

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Reduce SaaS Churn – Strategic Tips for Startups

BurklandAssociates

Reduce SaaS churn by fostering a culture that listens to customers and puts their needs at the center. Here are some specific tips to help. The post Reduce SaaS Churn – Strategic Tips for Startups appeared first on Burkland.

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How Independent Contractors Can Help Drive Business Growth

Intuitive Accountant

In today's changing workplace, many organizations are looking to complement their full-time staff with independent contractors to grow their business. WorkMarket's Bridget Quinn Kirchner explains how it works.

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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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EY helping clients cope with recession fears amid rising inflation

Accounting Today

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Sales Tax Risk Mitigation: Your need-to-know guide

TaxConnex

Failure to comply with the applicable sales tax rules can have a devastating effect on a business, but they’re often overlooked because they’re considered “pass-through” as the business is responsible for collecting the applicable taxes which pass through the business and are subsequently turned over or paid to the states. While these pass-through taxes are not meant to create a financial burden on a business, failure to comply can create significant risk.

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IRS Begins Auditing the Employee Retention Credit

Withum

We all knew this day was coming, and it has finally arrived. Multiple businesses notified us this week that their claims for the employee retention credit (ERC) are being audited by the IRS. This does not mean that these businesses did anything wrong, or that they will end up owing money to the IRS; it just means that the IRS selected their ERC claims for review.

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Boomer’s Blueprint: A trusted business advisor’s guide to the Four Cs

Accounting Today

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Friday Footnotes: KPMG Accounts For Half of All Audit Fines; LGBT Accountants Dip; EY in Big Debt? | 7.29.22

Going Concern

Ed. note: fans of accounting news — all two of you — are encouraged to sign up for our newsletter to get headlines delivered to your inbox twice a week on Tuesday and Friday. Check out today’s newsletter here. U.K Audit Regulator Hands Down Record Fines for Audit Failures [ Wall Street Journal ] The Financial Reporting Council on Thursday said financial sanctions during the year ended March 31 totaled £46.5 million before settlement discounts, equivalent to $56.6 million and up

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My Cotton Mill Work Ethic

Intuitive Accountant

Insightful Accountant Top 100 ProAdvisor Susan Pruskin explains how some valuable lessons from her upbringing are still helping her succeed today.

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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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Legislative Update

Withum

There are two significant developments coming out of Congress. First, on July 28, 2022, the House voted to approve “The CHIPS and Science Act of 2022,” which was passed by the Senate on July 27, 2022. This bill passed in the House on a bipartisan basis with a vote of 243 to 187. It includes a 25% advanced investment tax credit for certain investments in semiconductor manufacturing, and it will be sent to the President for signature, which is expected because the administration has already expres

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New sustainability rules attacked for protecting profits over planet

Accounting Today

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Monday Morning Accounting News Brief: EY Sucks at Auditing; Accounting Headaches; KPMG Partner Banned | 7.25.22

Going Concern

Some headlines to get you started on this fine Monday: KPMG partner banned from accounting after misleading regulator over Carillion. KPMG fined £14.4 million after the firm admitted to providing false and misleading information to its regulator during spot checks on audits of construction firm Carillion and outsourcing firm Regenersis. The spread of ESG labels into the $55 trillion market for short-term debt is creating new accounting challenges for those keeping track of how much good green fi

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How we’re improving employee and off payroll workers profiles in UK Payroll

Xero

If you’ve set up an off-payroll worker in UK Payroll, you might have noticed that it looks different from employee setup. To provide you with the best possible experience and deliver a more consistent look and feel across our platform, we’re rolling out an updated design of employee profiles in a few weeks’ tim e. . This is all part of our work to upgrade the technology that underpins our platform , so we can build new features faster than ever before.

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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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Red Alert: Beware of Data Thieves

Intuitive Accountant

News coming from the recent special Security Summit series warns tax professionals to beware of evolving email, cloud-based schemes to steal taxpayer data. Check out the story on Tax Practice News.

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IRS sent incorrect balance due notices to couples

Accounting Today

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PwC’s Summer Break Works, Says Tim Ryan

Going Concern

From a recent CNBC article on company-wide vacation breaks to foster employee well-being : Feeling revitalized is what many employees and their employers both want. Starting this year, accounting and consulting firm PwC is giving its 60,000 U.S. employees two annual company-wide, week-long breaks — one in July and one in December — in addition to vacation time.

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Xero partners with Lewes FC to help women thrive on and off the pitch

Xero

We believe, as Lewes FC do, that for women’s football to thrive, the financial viability of clubs at all levels is essential. Put simply, we believe that better numbers off the pitch will deliver better numbers on it. Today we’re incredibly excited to announce a three year partnership between Lewes FC and Xero to help the club on its mission to drive greater equality in the women’s game.

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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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GoTo Resolve – A Remote Support Software Synopsis

Intuitive Accountant

LogMeIn is now GoTo. And while I once used LogMeIn Rescue, I thought I'd cover GoTo Resolve, which may be a little more appropriate for the majority of our readers.

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No innocent spouse relief for payroll taxes

Accounting Today

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The PCAOB Hasn’t Done a Lot With Audit Standards in the Last 20 Years But They’re Getting Around to It Now

Going Concern

From remarks delivered yesterday by PCAOB Chair Erica Y. Williams at a virtual event hosted by Council on Institutional Investors (CII) on the 20th anniversary of Sarbanes-Oxley and the establishment of the PCAOB: When the PCAOB was first getting off the ground in 2003, it adopted existing standards that had been set by the auditing profession on what was intended to be an interim basis.

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App Partners of the Month: Xerocon London 2022 special edition

Xero

Xero connects with over 1,000 apps that help small businesses and their advisors succeed, check out the Xero App Store. Each month we celebrate an app partner who stands out for helping small businesses thrive. Find out more about becoming a Xero app partner here. Xero recently hosted Xerocon London , one of the most anticipated events on the calendar for cloud accounting leaders.

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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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QBO Monday Minute: Your Mid-year Accountant Tips

Intuitive Accountant

Don't look now, but we have moved past the mid-year point. To help stay on top of your game, Liz Scott is offering 5 nuggets you can put into place right now.

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IRS warns tax pros of identity theft phishing scams

Accounting Today

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Someone Thought Taking on a Full-Time Second Job at a Big 4 Firm Would Be Low Stress

Going Concern

Have you heard of overemployment? I really shouldn’t be talking about it but since I’m not in the club, screw it. The concept is: work multiple jobs at the same time, putting in just enough effort so you remain employed but not so much that you’re working too hard despite juggling several “full-time” jobs at once. The key is not to be lazy but rather precisely meet expectations, not exceed them.

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A New Zealand Xero Awards winner shares why entering is definitely worth it

Xero

It’s time for the 2022 New Zealand Xero Awards, celebrating the accountants, bookkeepers, app partners and integrators who help Kiwi small businesses flourish. If you’ve been thinking of entering , you’ll love reading what Michael Parker, director of Crux Advice & Accounting has to say. Last year the Crux team won the Small Accounting Partner of the Year Award and they were also a finalist for the People’s Choice Award.

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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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TeamViewer – A Remote Support Software Synopsis

Intuitive Accountant

While the 'free' version of TeamViewer may be one of the best known remote software apps by Insightful Accountant readers, there is plenty to know about the features in the paid version.

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Blockchain CEO pleads guilty in crypto fraud scheme

Accounting Today

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A Senior Partner Who Has Probably Been Burned Out Since 1997 Gives Tips on Avoiding Burnout

Going Concern

Why do I feel like this screenshot is going to end up on r/thanksimcured ? via r/accounting. Now this may be blasphemy to say this around these parts but he’s mostly right. Exercise? Hell yeah, great for you. Healthy eating? Also great for you, those takeout dinners can really take a toll on your health. Passion projects? Super important to find fulfillment in the otherwise boring and meaningless modern human existence. #3 though. #3. #3 great sounds good on paper — or rather, typed

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Tax Guide for Small Businesses: How Much Should You Save for Taxes?

MazumaBusinessAccounting

Running a small business has its pros and cons. It can be incredibly freeing to be your own boss, but doing your own self-employment taxes? That can be intimidating. All businesses need to pay annual taxes. If your small business expects to owe more than $1,000 in federal taxes, you’ll also need to pay quarterly taxes. There are several ways to calculate how much (and when) you need to pay.

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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.