BurklandAssociates
AUGUST 31, 2020
Jamie Ceglarz, CEO of Guild Talent, provides tips to help startups succeed at virtual hiring. Jamie shares his 3-part virtual hiring plan for startups, plus a formula for "working" virtual Read More. The post How Startups Can Succeed at Virtual Hiring appeared first on Burkland.
PYMNTS
SEPTEMBER 3, 2020
The Hilton Times Square is the latest victim of the coronavirus pandemic. In a filing with New York’s State Department of Labor Monday (Aug. 31) the managing director of the 44-story landmark said it will close permanently next month and 200 jobs will be lost. The iconic hotel on West 42nd Street was shuttered and furloughs began in mid-March as COVID-19 struck the city, The Wall Street Journal (WSJ) reported.
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Bharmal&Associates
SEPTEMBER 4, 2020
We’re no ordinary accounting firm here at Bharmal & Associates, Inc.! With years of experience as a professional service organization, we offer a wide range of services for businesses and individuals. From individual tax planning services to complex corporate consulting engagements, we are ready to be your full-service CPA firm. Based in Orange County, Southern California, we received our first reviews on Clutch and maintain a perfect 5.0-Star Average on the platform.
MyIRSRelief
SEPTEMBER 1, 2020
With more than 30 million small businesses in the US, effective tax planning is essential to maximizing profits and minimizing taxes, keeping more of what is earned, and lowering your taxes for the future. Understanding the intricacies of effective tax planning takes professional guidance to ensure that you are taking advantage of every opportunity.
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.
Katz,Sapper&Miller
AUGUST 31, 2020
The Government Accounting Standards Board (GASB) regularly issues GASB Statements to set accounting and financial reporting standards for state and local governments that follow generally accepted accounting principles in the United States (U.S. GAAP). Below are select statements that were recently issued.
PYMNTS
AUGUST 31, 2020
With estimates that over 500 billion real-time payments will be processed over the next five years, the race is on for upgrades and integrations that allow financial institutions (FIs) and their clients to participate in a real-time payments space that is expected to reach nearly 53 billion real-time payment transactions by 2024. The FI’s Guide to Modernizing Digital Payments , done in collaboration with Red Hat , details developments in real-time payments, providing insights and direction for F
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SkagitCountyTaxServices
SEPTEMBER 2, 2020
Just in time for the weekend, the IRS issued Friday-evening guidance about the overly-hyped (at first) payroll tax “holiday” There was initial hope that this might be a great shot-in-the-arm for Skagit County businesses and employees, but given how the thing is structured, and the limitations of executive action (i.e. it takes a Congressional order for taxes to actually be “forgiven”), my advice is that you carefully consider whether this makes sense for your business.
xendoo
SEPTEMBER 4, 2020
The federal Payment Protection Program (PPP) ended on August 8, 2020. Although no new applications are being accepted, the thousands of small businesses who already received a loan — and the banks who issued those loans — must now make decisions about the process of obtaining loan forgiveness. The federal Payment Protection Program (PPP) was designed to help small businesses — and their employees — stay afloat during the COVID-19 pandemic.
PYMNTS
SEPTEMBER 1, 2020
More money crossing borders digitally. Fewer correspondent banks to move that money. And the hallmark of that money movement — a lack of transparency and speed. What might replace a clunky system in a world where payments are becoming ever more global? The Bank for International Settlements (BIS) said in a recent report that the number of correspondent banks — where banks and financial institutions (and domestic payment systems) are linked together — slipped 3 percent in 2019 vs. 2018 and decl
LSLCPAs
SEPTEMBER 3, 2020
Pay, Tax, and Work Laws for Remote Employees The pandemic suddenly made remote workers the rule rather than the exception. Here are a few tips for administering your payroll in “Remote-Land.” For the most part, it’s wisest to check with the local HR and accounting professionals, but here’s an excellent […]. The post Tax and Legal Impacts of Doing Biz Remotely in Other States and Abroad appeared first on LSL CPAs.
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.
SchoolofBookkeeping
SEPTEMBER 2, 2020
It is common practice for a retail store to display consignment inventory for a vendor that they have not purchased. This inventory is called Consignment Inventory. The agreement is established so that when the items are sold, the retail store. Read More. The post Handling Consignment Sales in QuickBooks appeared first on schoolofbookkeeping.com - Ignite Your Practice!
xendoo
SEPTEMBER 3, 2020
You’ve got options when choosing a platform to sell your products online. Two of the best known are Amazon and Shopify. But there’s another big name player you might not have considered: Walmart. The power of the world’s largest brick-and-mortar retailer is now expanding to Walmart’s eCommerce operation; and you can reap the benefits, from accounting to customer service.
PYMNTS
SEPTEMBER 3, 2020
PayPal has launched its iZettle Food & Drink app, the point of sale (POS) platform for iOS to support food and drinks service in the U.K. The app was crafted to support the hospitality industry including restaurants, cafes and pubs for a fast and easy way to pay the check. England’s food and drink sector was one of the hardest hit by lockdowns. Sales fell by 87 percent from April through June.
FraudFiles
SEPTEMBER 3, 2020
What on earth do fraud and infidelity have in common? Quite a lot. While there may be no scientific studies available that analyze the correlation between financial fraud and infidelity, anecdotal evidence suggests there is a connection. A discovery of a corporate fraud has often led to the discovery of a secret addiction like gambling, alcohol, or drugs.
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.
SingleTrackAccounting
SEPTEMBER 4, 2020
We have been recently reminded that it is crucial for entrepreneurs to stay up to date on emerging trends. Staying dynamic will allow you to successfully alter your course to fulfill client needs and thrive amid transition and variability. Owning a small business can be uncertain, even in the best of times and 2020 has been no exception. This year could include a major pivot in your business as the current situation has drastically changed the landscape in several different ways.
CapataCPA
SEPTEMBER 1, 2020
Deferring Employee Payroll Taxes The U.S. Treasury and IRS have released the initial guidance, Notice 2020-25, to put into operation the President’s Executive Order, which allows employers to defer employee payroll taxes beginning on September 1, 2020. It’s important to note that this relief is intended for the employer, not the employee. The employer is the “affected taxpayer” in this Executive Order.
PYMNTS
SEPTEMBER 3, 2020
Billionaire investor Bill Ackman said he's had preliminary discussions with Airbnb and Stripe , among others, about helping them to go public, Bloomberg reported. The process would involve them going through a merger with Ackman's blank-check company. Airbnb didn't get anywhere with Ackman before the popular home vacation rental app ended up seeking a traditional initial public offering (IPO), which it said it ultimately preferred to Ackman's method — although it hasn't ruled out a merger with A
FraudFiles
AUGUST 31, 2020
This Thursday Sept. 3: Becoming a Fraud Investigator course at CPA Crossings. This is a 2 hour online course, and is the first in a 4 part series on conducting fraud investigations. It is jam packed with forensic accounting information, but it’s cheap at only $89 for 2 CPE credits! What is it about? It’s getting you ready to perform a fraud investigation with information from a forensic accountant like: – Common workplace fraud schemes. – Red flags of occupational fraud.
Advertiser: Paycor
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.
Katz,Sapper&Miller
AUGUST 31, 2020
Earlier this month, President Trump signed an executive action directing the Secretary of the Treasury to defer collection of the employee portion of the Social Security tax (6.2%). The executive action stated that the Secretary of the Treasury would issue guidance needed for implementation. On Friday, Aug. 28, the U.S. Treasury Department and Internal Revenue Service (IRS) issued this first piece of guidance via Notice 2020-65.
PYMNTS
SEPTEMBER 2, 2020
As consumers pay down credit card debt – in some cases with the aid of stimulus checks – and are ever wary about their financial situations, issuers have been muted when it comes to rolling out new cards. It may seem like a dubious time to introduce a new card. But as Linda Kirkpatrick , president of U.S. issuers for Mastercard , told Karen Webster in an interview, recent announcements of Chase rolling out a new card, Freedom Flex, while refreshing its Freedom Unlimited card, underscore the impo
PYMNTS
SEPTEMBER 3, 2020
The pandemic has pushed us to do all things digitally while opening up new vectors of attack. Those new avenues of fraud have leveraged hallmarks of the current pandemic — fears over public health and concerns about stimulus checks issued by the government — to snare unwitting victims. . . According to some estimates, as many as 22 percent of Americans have been impacted by COVID-related fraud. . .
PYMNTS
AUGUST 30, 2020
CheckAlt , which provides treasury management and item processing, is partnering with OmniConnect, NXTsoft 's secure connectivity solution, to allow for faster real-time integrations, a press release says. The team-up will help to speed up onboarding by improving connections between CheckAlt, core providers and credit unions or banks for LoanPay, the loan processing solution utilized by CheckAlt.
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.
PYMNTS
AUGUST 30, 2020
The U.S. government's Economic Injury Disaster Loan (EIDL) program, plagued by delays and fraud, has created attention for a firm that netted around $800 million in fees while subcontracting the work out to the nation's largest mortgage lender, The Wall Street Journal (WSJ) reported. The Small Business Administration (SBA) awarded $770 million to RER Solutions , a Herndon, Virginia-based contractor, to process loans for businesses hurting under the economic strife of the pandemic, according to g
PYMNTS
AUGUST 31, 2020
Pinterest is canceling its upcoming lease to move into a San Francisco office that it doesn't need because its workers will be working from home, a report Monday (Aug. 31) from KCBS Radio said. The plan was for the social media tech giant to lease a near-490,000 square-foot office at 88 Bluxome, in San Francisco's SoMa neighborhood. The neighborhood is involved in the redevelopment of the old San Francisco Tennis Club.
PYMNTS
AUGUST 31, 2020
There’s a storm brewing in the Indian retail scene, with Amazon at its center. Over the weekend, Reliance Industries – the company owned by India’s richest man, Mukesh Ambani – purchased Future Group ’s 2,000 retail stores and the Big Bazaar grocery chain. Reliance , which is already referred to as the “Amazon of India,” owns and operates more than 10,000 stores across categories including supermarkets, consumer electronics, apparel and other various segments, and also owns several eCommerce sit
PYMNTS
SEPTEMBER 3, 2020
Cash will always have a place among consumers — but its use is dwindling. Only 26 percent of all consumer payments are made in the U.S. with cash — and consumers are even starting to ditch plastic cards. For financial institutions (FIs) and enterprises that seek to pivot to meet the growing demand for digital payments, observing and reacting to shifts in how different generations prefer to pay will be critical during the pandemic and beyond, according to Royal Cole , executive vice president, FI
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.
PYMNTS
SEPTEMBER 2, 2020
The direct to consumer ( DTC) model is changing the way we get our goods and services across everything from makeup to meal kits. And it is upending healthcare too, perhaps most visibly in pharmaceuticals, where we can get our meds mailed, on autopilot. But drill a bit deeper and DTC can shift some of the dynamics in how we treat and even diagnose some of the most persistent personal problems — cosmetic ones and even some debilitating conditions.
PYMNTS
AUGUST 31, 2020
Flipkart has rolled out its Flipkart Wholesale operations, which serves as a B2B marketplace for small businesses and shops. The offering is now available to customers in Bengaluru, Gurugram and Delhi, Financial Express reported. The app is available for those who have Android devices to have merchandise sent to their stores as it stands. “Change the way you buy bulk products for your business with Flipkart Wholesale’s efficient technology and logistics,” Flipkart Wholesale said on its website.
PYMNTS
SEPTEMBER 1, 2020
As the criminal investigation into the collapse of Wirecard AG continues, the Bundestag (Germany’s Parliament) is planning to hold an inquiry into the payment company. The Financial Times reported that as questions mount about the government’s failure to prevent the biggest corporate fraud since World War II, lawmakers want answers. “Over several months, the government has not succeeded in comprehensively and thoroughly clearing up the Wirecard scandal, despite special sessions, parliamentary qu
PYMNTS
SEPTEMBER 4, 2020
In some ways, the second quarter was like nothing the world has ever seen, as the pandemic cut through the daily lives of Americans from April through June, and is still a factor in many parts of the country. But in other ways, it was business as usual, as the two biggest retailers in the world – Walmart and Amazon – posted stellar earnings numbers and competed in more muted ways for the U.S. consumer’s whole paycheck.
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.
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