2022

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Accounting Firms Are Embarrassing Themselves on the Talent Dating Market

Going Concern

It’s December 2022 and we’re now a good year into “The Great Accounting Shortage,” the depth of which won’t truly be known until the fines start rolling in for p**s-poor audit work performed by skeleton crews. So, any day now.

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How Inflation Will Affect Your 2022 and 2023 Tax Bills

RogerRossmeisl

The effects of inflation are all around. You’re probably paying more for gas, food, health care and other expenses than you were last year. Are you wondering how high inflation will affect your federal income tax bill for 2023?

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3 things to remember about economic nexus

TaxConnex

This June marked 4 years since the landmark Supreme Court decision that launched economic nexus, South Dakota v. Wayfair, Inc et al , but many businesses are still trying to figure out how to manage sales tax obligations brought on by this decision.

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Council Post: Three Ways Today’s Accounting Professionals Can Increase Their Value

Jennifer Eubanks

As the profession undergoes digital transformation, traditional roles and activities of accountants must change and transform, as well

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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 5 Most Common Small Business Accounting Mistakes

VetCPA

Small businesses make accounting errors and oversights regularly. Here, we cover five of the most common small business accounting mistakes. Read on to see if you’re making any of these mistakes and how to avoid them in the future. You don’t take bookkeeping as seriously as you should.

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Fraud’s New Frontier: NFTs

RogerRossmeisl

When new technologies emerge, it can take time for the general public to learn how they work. Non-fungible tokens, or NFTs, first appeared in 2014, yet many people are still confused about what they are and how to buy and store them. This gives criminals who understand the technology an advantage.

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What CPAs need to know about the new SEC marketing rule

Accounting Today

Practice management Investments Marketing SEC regulations RIAs

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Here’s What Happens When You Hire AI to Do Accounting

Going Concern

For a good decade we’ve heard about the robots that are going to render accountants obsolete, now we finally get a peek at the glorious technology that will transform the industry as we know it.

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Does the Kiddie Tax Affect Your Family?

RogerRossmeisl

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.

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Email is Not an Accounting Tool

Ambre Pierce

Email is not meant to solve your accounting workflow management challenges

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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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Depreciating Residential and Commercial Real Estate

Bharmal&Associates

When you own rental property, depreciation is your best friend.

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Gaining Customer Awareness for Your New Business

SMBAccountant

As a new business owner one of your first priorities is to get the word out about your company. Grassroots marketing can be a low-cost but effective way to gain a large amount of exposure to locally owned businesses or other specific audiences.

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What is a sales tax exemption?

TaxConnex

Sales and use tax nexus is defined as a connection between a person or entity and a taxing jurisdiction. Sales tax nexus is the basis for all your sales tax decisions because without sales tax nexus you have no further obligation to a state.

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Write-back Options in Power BI – Not Everything is Equal

Acterys

Over the last 7 years, Power BI has developed into the predominant self-service analytics solution.

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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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Five Predictions For How Your Job Will Change In 2022—If You Decide To Keep It

GlobalUpside

The post Five Predictions For How Your Job Will Change In 2022—If You Decide To Keep It appeared first on Global Upside. Company Updates ragu bhargava Great Resignation Forbes future of work salary compression hiring globally

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Financial Benchmarks for SaaS Startups, a Self-Assessment Tool

BurklandAssociates

One of the most frequent questions Burkland CFOs receive from our SaaS startup clients and their investors is, “how do we compare to other SaaS startups?” ” It is a good Read More. The post Financial Benchmarks for SaaS Startups, a Self-Assessment Tool appeared first on Burkland.

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What Contractors Should Know About Accounting

Jennifer Eubanks

Government contractors are required to follow certain accounting guidelines to maintain their standing

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Los Angeles Tax Services – Local tax firm serving all Southern California

MyIRSRelief

If you own a property, a business, or are employed, you’ll likely have to pay taxes. According to the 16th Amendment in our Constitution, individuals are required to pay taxes from income sources. Taxes can be broken down into three categories: what you purchase, what you own, and what you earn.

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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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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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Strategies for Investors to Cut Taxes as Year-End Approaches

RogerRossmeisl

The overall stock market has been down during 2022 but there have been some bright spots. As year-end approaches, consider making some moves to make the best tax use of paper losses and actual losses from your stock market investments.

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Lockstep® Announces World’s First Shared Inbox Designed for Accounting

Lockstep

Patent-pending Email and Accounting Software Integration Revolutionizes and Streamlines Payments and Month-end Closing Workflows.

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10 Steps to Selling an Accounting Business. Your Timing may be Good!

PANALITIX

RESOURCES / ARTICLES. 10 Steps to Selling an Accounting Business Your timing may be good! We are working closely with owners looking to sell their Accounting businesses. While transactions can be stressful and there is no guarantee of success, this feels like a good time to consider a sale. .

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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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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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Managing Transactional Taxes as Your Business Grows Globally

TaxConnex

You may think that selling outside the U.S. spares you the complexities and headaches of sales tax thresholds. And you’d be right – except that in many countries you’d instead run into value-added tax (VAT) on transactions.

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Acterys 22.2: Prepared for Hyper Change

Acterys

We are thrilled to announce the latest release of our platform: Acterys v22.2! In the past six months, tremendous efforts went into the improvement of all Acterys components.

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7 Common Questions About International Employment Contracts

GlobalUpside

International employment contracts act as the legal statement of record between a business and its global employees. In the context of compliance, this document is critical to protect both the employer and employees, which means it must contain all the key terms and conditions for employment.

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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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Getting Maximum Value from Your Fractional CFO

BurklandAssociates

Marc Zablatsky and Steven Lord share guidelines and tips to help your startup receive the most value from your fractional CFO investment. The post Getting Maximum Value from Your Fractional CFO appeared first on Burkland. CFO Insights

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The IRS Is Paying an Unwelcome Visit to Alliantgroup (NEW UPDATES)

Going Concern

[UPDATE 5] Not sure if this is pertinent as to why the FBI and IRS raided Alliantgroup’s offices in Houston this morning, but one Alliantgroup employee who contacted us earlier today said the firm’s billing practices are unfair to its clients: For most clients there is a 35% fee cap for our services.

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Los Angeles tax, accounting service

MyIRSRelief

How to fix my messy back-years accounting for my Los Angeles, CA business? If you have messy books for many back years of accounting, it can be overwhelming to try to organize and clean them up.

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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.

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Happily Ever After: Core Guiding Principles to Achieving a Fairy Tale Month-End Close

Happily Ever After doesn’t just happen, except of course, in fairy tales. Hard work alone is not enough for month-end close best practices. It requires discipline, teamwork, and the right tools. All of this is within reach. Discover how your organization can achieve a Happily Ever After close.