Sat.Nov 05, 2022 - Fri.Nov 11, 2022

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Industry Accounting Salary Outlook for 2023 is Not Horrible

Going Concern

Unless you have the word “chief” in your job title, accounting salaries in industry for 2023 are projected to be higher than in 2022—including 11 roles that are expected to have double-digit increases, according to our analysis of the 2022 and 2023 Accounting & Finance Salary Guides from LHH Recruitment Solutions (formerly Accounting Principals).

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3 Ways Technology Is Transforming Accounting Services

IgniteSpot

Top Accounting Services Technologies. Videoconferencing, online ordering, and virtual assistants have all made our personal and professional lives easier. So why couldn’t your accounting needs benefit the same way? Technology is transforming accounting services every day, and your business can take advantage of three major advancements.

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How to (Actually) Beat Busy Season This Year

Ryan Lazanis

The busy season can be a blessing, but for some, it creates all kinds of bottlenecks. Regardless of where you find yourself this year, there are a few actions you can take to help you significantly increase your earnings and save time. Listen Below. 0:54 – Firms owners work themselves to the bone during the busy season because they’re doing too much for too little. 1:19 – Your capacity is your firm’s most precious resource and you need to do a much better job at guarding it. 1:42 

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Lessons for accountants from….personal trainers

Mark Lee

When someone decides they want to get fit they could choose the DIY route at a gym or they can engage a personal trainer. The trainer will ask if the client has has had a trainer before. If so, what did the client like about the exercises, the fitness regime, the advice they received and the way they were treated? The trainer will also ask what the client wants to achieve.

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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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Startup Downturn Playbook: Finance Best Practices in Uncertain Times

BurklandAssociates

Why Do You Need a Downturn Playbook Now? Recent commentary from the venture ecosystem: “No one can predict how bad the economy will get, but things don’t look good,” Y Read More. The post Startup Downturn Playbook: Finance Best Practices in Uncertain Times appeared first on Burkland.

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If You Get Audited by the IRS, What Happens?

Patriot Software

If the phrase “audited by the IRS” fills you with dread, you are not alone. Getting audited is something no business owner wants to go through. But, sometimes audits take place. If you get audited by the IRS, what happens? What happens when you get audited Most business owners don’t want to think about what […] READ MORE.

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Focus On Your Clients By Outsourcing Your Accounting

AccountingDepartment

Today, more and more businesses are outsourcing different areas and departments to run their business leaner. Today's business owners can ultimately outsource anything.

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Origin vs. Destination Sales Tax

Patriot Software

If you’re like many small business owners, you need to collect sales tax on some of your offerings. Your sales tax responsibilities depend on your location. This fact surely begs the question: do I charge sales tax for out-of-state customers? To stay compliant, understand which sales tax laws apply to your business. And, you need […] READ MORE.

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Accounting Automation: The Definitive 2023 Guide

Ryan Lazanis

This is my complete guide to accounting automation in 2023. So if you want to: Learn the 8 benefits of automated accounting. Save time by automating your accounting processes. Automate all 15 areas of your accounting. Find out the latest tools to help you streamline and automate your work. Then you’ll love this new guide. Let’s get started. Table of Contents.

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Work Opportunity Tax Credit Provides Help to Employers

RogerRossmeisl

In today’s tough job market and economy, the Work Opportunity Tax Credit (WOTC) may help employers. Many business owners are hiring and should be aware that the WOTC is available to employers that hire workers from targeted groups who face significant barriers to employment. The credit is worth as much as $2,400 for each eligible employee ($4,800, $5,600 and $9,600 for certain veterans and $9,000 for “long-term family assistance recipients”).

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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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Artificial intelligence needs more intelligence

Accounting Today

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TaxConnex™ Proud to Exhibit at Thomson Reuters SYNERGY 2022 Conference

TaxConnex

Alpharetta, GA., November 11, 2022 - TaxConnex™ , a technology-enabled sales tax compliance outsourcing provider, shared that they are exhibiting at Thomson Reuters SYNERGY 2022 Conference for Corporate Professionals November 13-16. Thomson Reuters SYNERGY 2022 Conference for Corporate Professionals is in Washington, D.C. at the Gaylord National Harbor.

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Clash of the Goals: Save for College or Retirement?

VetCPA

Retirement for you or college for your kids? Which financial goal should you focus on the most? Many parents feel conflicted because they want to help their kids get a good college education but know they need to save for their own retirement years. While it may not be easy to pull off, it’s important to tackle both goals at once and not put off saving for retirement.

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Year-End Tax Planning Ideas for Individuals

RogerRossmeisl

Now that fall is officially here, it’s a good time to start taking steps that may lower your tax bill for this year and next. One of the first planning steps is to ascertain whether you’ll take the standard deduction or itemize deductions for 2022. Many taxpayers won’t itemize because of the high 2022 standard deduction amounts ($25,900 for joint filers, $12,950 for singles and married couples filing separately and $19,400 for heads of household).

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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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Happy International Accounting Day!

Going Concern

It was on this date in 1494 that homie to Leonardo da Vinci, Venetian mathematician, and “Father of Accounting” Luca Bartolomeo de Pacioli published Summa de arithmetica, geometria, proportioni et proportionalita (or “everything about arithmetic, geometry and proportion”), making November 10 the day we celebrate…accounting.

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Get to Know TaxConnex: Partner Q&A Series - Robert Dumas

TaxConnex

Looking to find out more about TaxConnex? What better way than hearing from our Founders and partners? Learn from the best by hearing from the ones that built TaxConnex. Over the next few months, we will be highlighting the Partners of TaxConnex. First up, our Founder and CEO, Robert Dumas. Gain insight into why Robert started TaxConnex and his plans for our future as well as how sales tax has evolved over the years.

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Supporting Our Veterans With Operation Hat Trick

Withum

Explore Other Episodes. #CivicWarriors #WithumImpact. The post Supporting Our Veterans With Operation Hat Trick appeared first on Withum.

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Business Valuations Needed for Private Stock Donations

RogerRossmeisl

Charitable contributions can be an effective way to lower taxes for the current tax year, but they don’t necessarily have to be made with cash. Charities also welcome donations of company stock, which offer a hidden bonus to donors if the shares have appreciated in value over the years. To reap the tax benefits on private stock donations, however, it’s essential to obtain a business valuation from a “qualified appraiser.

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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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Xero announces CEO succession, Sukhinder Singh Cassidy appointed

Xero

I’m pleased to let you know t hat today we announced the appointment of Sukhinder Singh Cassidy as Xero’s new CEO, on 1 February 2023. Sukhinder will succeed Steve Vamos who after serving almost five years as CEO, is retiring from the role and plans t o return to his previous portfolio in business coaching and leadership development as an advisor, director and investor.

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Sales tax and crypto: Latest developments

TaxConnex

Most of us are familiar with the scrutiny placed on cryptocurrencies by the IRS. The next federal 1040 has an even longer set of probing questions about crypto transactions. How does sales tax fit into this? Sales tax when dollars and other “fiat money” are involved is clear: there is no sales tax due when acquiring the currency, and the currency can be used as legal tender to satisfy the purchase price of goods and services including any applicable sales tax due on the purchase price.

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Whistleblowers in Tax Matters

Withum

“We don’t pay taxes. Only the little people pay taxes.” That infamous quote from Leona Helmsley sums up the (mostly unspoken) opinions of many taxpayers. Unfortunately for them, there are people in their lives with the knowledge that they have engaged in tax evasion. These people can make a call to the IRS and become a whistleblower. That decision can be lucrative for the whistleblower and expensive for the taxpayer.

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20 Days to a Better Firm: Top tips for recruiting and retention

Accounting Today

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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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How to Organize Your Business Finances

Patriot Software

The lifeblood of any business — large or small — is financial integrity. Efficiently managing your small business accounting can help determine your success. If you don’t know where to start, consider leveraging accounting software. By getting your finances in order, you will save a lot of hours, headaches, and dollars. Getting your books organized takes […] READ MORE.

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Are Health Plans Required to Cover Emergency Contraceptives?

ThomsonReuters

QUESTION: Is our group health plan required to cover emergency contraceptives, including those that are available over-the-counter? ANSWER: Consistent with Health Resources and Services Administration (HRSA) guidelines, nonexempt health plans must cover without cost-sharing FDA-approved emergency contraception (levonorgestrel or ulipristal acetate), including over-the-counter (OTC) products, when the product is prescribed by an attending provider.

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The Typical Occupational Fraudster

Withum

Beware, your most trusted employees could be fraudsters. You trust your employees to perform their daily job functions properly. Maybe they are not. How can you tell? Continue reading to learn about who tends to commit the costliest frauds and the red flags to watch out for. In our previous two articles, 2022 ACFE Report to the Nations: Fraud Trends and Key Takeaways and Fraud: Is It Happening to You?

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IRS's draft K-2 and K-3 instructions detail domestic filing exception

Accounting Today

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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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Some Partners at PwC Cyprus Did Not Want to Lose Their Russian Clients So They Started Their Own Firm

Going Concern

In March of this year, Deloitte Global posted a little message on its website about the then-developing situation in Ukraine saying the firm had “suspended business operations and client service in Ukraine as we focus on taking care of our people and their loved ones.” Within days, that message changed to saying they are “currently reviewing our business and presence in Russia,” making Deloitte the first Big 4 firm to publicly express that they were considering pulling ou

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How to streamline accounting processes—a step-by-step guide

ThomsonReuters

Most accountants know that choosing the right accounting technology can boost the ability to serve clients, satisfy staff, and build deeper client relationships.?But how do you take full advantage of technology to streamline accounting processes? . The answer lies in implementing an end-to-end tax workflow automation solution backed by an integrated technology ecosystem.

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What Is a Vendor? Overview for Small Business Owners

Patriot Software

As a small business owner, you need goods to operate. Your inventory is an essential organ in the anatomy of your business. The tools you use and the merchandise you sell help you accomplish daily goals, and ultimately grow your company. Think about all the “stuff” you use to run your business. You might buy raw […] READ MORE.

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IRS still coping with millions of unprocessed tax returns

Accounting Today

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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.