RogerRossmeisl

SEPTEMBER 9, 2024

Office supply scams are a tricky type of vendor fraud that generally use behavioral psychology and often depend on poor intraoffice communications for their “success.” Although they may not result in huge financial losses for defrauded companies, falsified invoices can add up to many thousands of dollars. Fortunately, you can help prevent them. How scams are perpetrated Office supply schemes typically begin as telemarketing fraud, with someone calling your business to obtain your street address

CPA 247

CPA 247

BurklandAssociates

SEPTEMBER 3, 2024

By prioritizing backups, startups can protect their data, ensure compliance, maintain business continuity, and build trust with stakeholders. The post Data Backup Essentials: Safeguarding Your Startup’s Success appeared first on Burkland.

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144

CPA Practice

SEPTEMBER 9, 2024

By Gary C. Smith. There is a good chance that many teachers are paying for classroom supplies with their own money. In these days of shrinking school budgets, they have become an expert in doing more with less. Probably, no one has told them that many of these same classroom supplies are available at no cost to teachers through something called a gifts in kind organization.

Tax 119

Tax Sports Education 119

Accounting Today

SEPTEMBER 10, 2024

Understanding these updates is critical in guiding the tens of millions of LLCs, closely held businesses, and other small-business clients through the complexities of beneficial ownership compliance.

accountant 112

accountant accounted Account 112

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4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

Finance

Going Concern

SEPTEMBER 5, 2024

…as expected, some people are b g about it. Rumors have been swirling for weeks like so many unflushable logs that KPMG was about to announce unlimited PTO, something their competitors at EY did four years ago. As seen on r/KPMG: You all were right. They just announced unlimited PTO by u/Active_Ease_2367 in KPMG EY’s switch to unlimited PTO was immediately shat upon, and rightfully so, after a leaked senior management email made the rounds.

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117

RogerRossmeisl

SEPTEMBER 9, 2024

Let’s say you own real estate that has been held for more than one year and is sold for a taxable gain. Perhaps this gain comes from indirect ownership of real estate via a pass-through entity such as an LLC, partnership or S corporation. You may expect to pay Uncle Sam the standard 15% or 20% federal income tax rate that usually applies to long-term capital gains from assets held for more than one year.

Real Estate 219

Real Estate Tax income tax CPA 219

BurklandAssociates

SEPTEMBER 10, 2024

Peter Reinhardt and Jeff Burkland share the inside scoop on Segment’s growth journey. Plus, an exciting look at the future of carbon removal with Charm Industrial. The post Celebrating 100 Episodes of <i>Startup Success</i> with Lessons from a $3.2 Billion Exit appeared first on Burkland.

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130

CPA Practice

SEPTEMBER 11, 2024

By Dr. Sangeeta Chhabra Efficiency and speed matter more than ever in today’s business environment—and for the majority of accounting firms. Managed IT services are a sure way to bring those elements to your practice. These services scale IT infrastructure to help accountants speed up accounting services, manage the workforce, adhere to global compliances, and lower operational costs.

accounting firms 111

accounting firms Account accountant accounted 111

Accounting Today

SEPTEMBER 6, 2024

The Bonadio Group, a Top 50 Firm based in Pitsford, New York, has executed 22 successful mergers over the last 27 years, many of which have been overseen by CEO and managing partner Bruce Zicari.

New York 118

New York 118

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

accounting and finance

Going Concern

SEPTEMBER 10, 2024

The news broke last week that PwC UK would start requiring its people in the office or at a client site for at least three days a week. Shortly after that came the extra detail that to ensure compliance with the policy, PwC would be gathering location data, including it in billable hour stats the firm already provides to its employees and passing this data along to career coaches.

payroll 106

payroll accounting firms accountant accounted 106

Anders CPA

SEPTEMBER 5, 2024

Anders has once again been recognized as a Best of the Best firm by INSIDE Public Accounting (IPA) for the fourth consecutive year after moving up to #73 on IPA’s Top 100 Firms List. This distinction places Anders among an elite group of 75 top-performing CPA firms across the U.S. and Canada, selected from over 600 firms that participated in the IPA Practice Management Survey.

public accounting 98

public accounting accounting firms Account accountant 98

RogerRossmeisl

SEPTEMBER 9, 2024

Navigating the complexities of tax law can be difficult, especially when faced with an unexpected tax bill due to the errors of a spouse or ex-spouse. The reason for such a bill has to do with the concept of “joint and several” liability. When a married couple files a joint tax return, each spouse is liable for the full amount of tax on the couple’s combined income.

Tax 210

Tax tax return audit CPA 210

Accounting Seed

SEPTEMBER 12, 2024

COLUMBIA, Md. – September 12, 2024 – Accounting Seed , a leading cloud-based accounting platform built on Salesforce, proudly announces its sponsorship of Dreamforce 2024. This prestigious event sponsorship comes on the heels of several significant product advancements for the company, including the launch of AP Automation , AR Automation and Multi-book Accounting.

AP Automation 80

AP Automation Technology Account accountant 80

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Historical bookkeeping clean-up is like an archaeological dig for financial documents. It is a vigorous, systematic process that ensures thorough scrutiny of every document. From verifying inconsistencies to reconciling payments, each layer of exhaustive evaluation brings greater clarity into your company's financial past. In this article, we will walk through all that historical bookkeeping clean-up entails.

bookkeeping

CPA Practice

SEPTEMBER 9, 2024

By Nikki Buckelew, Ph.D. Accounting professionals are often called upon by their clients with questions concerning residential changes. Those nearing retirement or on a fixed income often need to know what the financial and tax implications might be should they sell a longtime family residence, a second home or real estate included in their portfolio.

Real Estate 114

Real Estate cpas Sales Education 114

Accounting Today

SEPTEMBER 5, 2024

Only about a quarter of CPA business executives expressed optimism about the prospects for the U.S. economy over the next 12 months, down from more than a third last quarter, according to a new survey.

CPA 119

CPA accountant accounted Account 119

Going Concern

SEPTEMBER 4, 2024

CBIZ has filed a data breach notification with the attorney general of Maine and you know what that means. Wait, maybe you don’t know what that means. Maine has a law that requires “information brokers” — such as an accounting firm that would be in possession of personal identifying information (PII) gathered from clients to perform services for them — to inform residents of Maine when they discover a data breach that has or is reasonably believed to have been acqui

Pennsylvania 113

Pennsylvania Maine accounting firms accountant 113

Randal DeHart

SEPTEMBER 6, 2024

If your company is experiencing rapid growth, you might find yourself navigating a good news/bad news situation: while your sales figures climb, managing cash flow becomes increasingly complex, pushing you to seek additional financing to meet the rising demand. Consider this scenario: A couple wanting to sell their house expresses interest in your remodeling service, presenting an exciting opportunity that could significantly elevate your construction business.

Construction 88

Construction Finance Sales bookkeeping 88

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By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

auditor

RogerRossmeisl

SEPTEMBER 9, 2024

Shareholders who own a minority interest in a business may not always agree with key decisions made by controlling shareholders. For instance, a minority shareholder might object to a stock-for-stock or “squeeze-out” merger. Or, if a proposed transaction will reduce a minority shareholder’s compensation or divert corporate assets, that individual may file an oppression suit.

CPA 195

CPA 195

Patriot Software

SEPTEMBER 10, 2024

When disaster strikes, you have a lot on your mind. Your first thoughts might be of repairing damages and getting your business back up and running. But then, it hits you … Oh no, my taxes are due soon. Thankfully, there’s tax relief in disaster situations.

Tax 82

Tax Government business tax accountant 82

CPA Practice

SEPTEMBER 5, 2024

More than two-thirds (76%) of financial services operations leaders in the U.S. believe that using AI would enable them to make faster, more effective decisions, but 62% lack the data management capabilities and data environment to capitalize on the technology’s potential. That is according to a new international study commissioned by ActiveOps , a leading provider of AI-powered decision intelligence for service operations.

Gaming 115

Gaming 115

Accounting Today

SEPTEMBER 11, 2024

The OZ program allows investors to defer their capital gains from sales of appreciated real estate, stocks, businesses, personal residences, collectibles and even crypto through 2026.

Real Estate 104

Real Estate Tax Sales 104

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Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.

Expense Management

Going Concern

SEPTEMBER 5, 2024

Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires. TAX AND ACCOUNTING CANDIDATES FTE Tax and Accounting | Candidate ID #22410136 Certifications: CPA Education: BS Accounting, MBA Experience (years): 15+ y

Real Estate 104

Real Estate Account accountant accounted 104

AccountingDepartment

SEPTEMBER 5, 2024

Financial Planning & Analysis (FP&A) is crucial for any business aiming to scale successfully. It involves detailed financial forecasting, budgeting, and analytical processes that drive strategic decision-making.

bookkeeping services 86

bookkeeping services bookkeeping accountant accounted 86

RogerRossmeisl

SEPTEMBER 9, 2024

Your businesses may have a choice between using the cash or accrual method of accounting for tax purposes. The cash method often provides significant tax benefits for those that qualify. However, some businesses may be better off using the accrual method. Therefore, you need to evaluate the tax accounting method for your business to ensure that it’s the most beneficial approach.

accrual accounting 168

accrual accounting Tax Account accountant 168

Accounting Insight

SEPTEMBER 5, 2024

In the realm of any business industry, failure is frequently seen as something that should be avoided at all costs. The fear of making mistakes can be paralysing, leading accountancy firm owners to play it safe and avoid risks. However, the truth is that failure is not the enemy of success; it is an essential component of it. In fact, a few of the most successful accountancy firm owners have experienced significant failures on their path to success.

accounting firms 78

accounting firms accountant accounted Account 78

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

Finance

CPA Practice

SEPTEMBER 5, 2024

By Muri Assunção New York Daily News (TNS) Hunter Biden intends to change his plea in his federal tax case, his lawyer told a federal judge in Los Angeles on Thursday just moments before jury selection was set to begin. The second son of President Joe Biden has been accused of nine misdemeanor and felony offenses. Prosecutors say the 54-year-old failed to pay $1.4 million in federal taxes and used the money to fund a lavish lifestyle.

Tax 115

Tax New York 115

Accounting Today

SEPTEMBER 11, 2024

Illinois CPA Society president and CEO Geoffrey Brown and chair Deborah Rood discussed some of the hot topics in the accounting profession during a recent ICPAS Summit.

Illinois 106

Illinois cpas CPA accountant 106

Going Concern

SEPTEMBER 9, 2024

As seen on Australian Financial Review , a university is handing out a total of $10,000 ($6,659 in freedom bucks) in prize money to any students who can make a compelling case for accounting as a career in a TikTok or Instagram Reel. The pitch: View this post on Instagram A post shared by Paul Andon (@bized2052) The contest is open only to UNSW students over the age of 18 who reside in Australia so no one in our audience get any bright ideas.

Account 97

Account accountant accounted 97