Art of Accounting: Succession planning exit strategy
Accounting Today
MARCH 18, 2024
There's an inherent conflict between wanting the best deal when you exit and wanting the best arrangement during the time you are working.
Accounting Today
MARCH 18, 2024
There's an inherent conflict between wanting the best deal when you exit and wanting the best arrangement during the time you are working.
RogerRossmeisl
MARCH 18, 2024
We are finding that, all too often, taxpayers that make Employee Retention Tax Credit (ERTC) claims by engaging a so-called “ERTC Mill” are never told of their responsibility to amend their applicable prior year federal income tax return(s), and are shocked to learn that they owe additional taxes, penalties and interest. In order to offset their wage expense for the amount of the credit claimed, taxpayers who file an amended Form 941-X to claim an ERTC refund must simultaneously file an amended
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CPA Practice
MARCH 18, 2024
By H. Dennis Beaver, Esq., Kiplinger Consumer News Service (TNS) “One of the things that can lead to an employment lawsuit,” observes Southern California-based labor law attorney Jay Rosenlieb, “is a failed interview that resulted in a job offer. “Often the ‘hiring manager’ is a long-term employee with no training in how to conduct a proper, focused interview, hired the applicant based on liking them and not on whether they could do the job, would be a good fit or had the necessary experience.
Accounting Today
MARCH 18, 2024
It would cap a remarkable downfall for Mike Lynch if he's convicted of accounting fraud after he sold his startup Autonomy to Hewlett Packard for $11 billion.
Speaker: Jamie Eagan
As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of
Insightful Accountant
MARCH 18, 2024
Implementing a four-day workweek can boost productivity by 77%, improve work-life balance, reduce absenteeism, and save costs. However, it requires careful planning and execution, which may seem daunting in busy accounting and tax practices.
Accounting Today
MARCH 18, 2024
Seth Fineberg shares the three areas that accounting needs to address to make the profession more attractive to young talent.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Accounting Today
MARCH 18, 2024
Deloitte is looking to overhaul its structure as the professional services firm looks to cut costs ahead of a market slowdown, according to the Financial Times.
VJM Global
MARCH 18, 2024
Held by Hon’ble Appellate Authority of Advance Ruling, West Bengal In the matter of Assistant Commissioner, Shibpur Division, CGST & CX Vs. Mindrill Systems and Solutions Private Limited (GST AAAR West Bengal) (Appeal Case No. 04/WBAAAR/APPEAL/2023) The Company constructed a warehouse and let it out. The Company paid the GST on such outward supply.
CPA Practice
MARCH 18, 2024
More than 458,000 workers were involved in major strikes in 2023, according to an EPI analysis of data released by the Bureau of Labor Statistics (BLS). This marks a 280% increase compared with 2022, returning to levels last seen prior to the COVID-19 pandemic. These strikes included workers across the country—from auto workers to Hollywood writers and actors, nurses, and public school teachers.
Withum
MARCH 18, 2024
Withum is excited to share that Lara Waldner , CPA, Team Leader of the Theatre and Entertainment Services Team, has been named on the Broadway Women’s Fund list of Women to Watch on Broadway. Lara’s expertise is in providing auditing, accounting and consulting services to commercial theatrical productions and not-for-profit organizations in the theatre and entertainment space.
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Global economies are reeling from recent upheavals—pandemic aftershocks, geopolitical conflicts, and a tech sector crunch. Mark Zuckerberg's 2023 "Year of Efficiency" ethos extends into 2024, with leaders seeking cost reductions without stunting growth. No-code technology emerges as a beacon of hope, fostering resilience and adaptability. Platforms like Make.com and Zapier empower even non-technical staff to automate and innovate, freeing IT for strategic tasks.
CPA Practice
MARCH 18, 2024
Date: March 29, 2024 | 12 noon EDT Duration: 60 Minutes | Cost: Free Sponsor/CPE Provider: Intuit Accountants Register Here If you feel overworked and underappreciated, consider updating your tax preparation practice to lead with planning and advisory services, powering prosperity for your firm and your clients. Join Dawn Brolin, the Designated Motivator, to learn how to shift from reactive, client dependent workflows to planning driven workflows.
Withum
MARCH 18, 2024
Enterprise Resource Planning (ERP) implementation is a complex process requiring significant investment in resources, time and money. An ERP system is designed to help organizations streamline their business processes, increase efficiency and achieve their strategic goals. However, an ERP implementation can also be challenging, and organizations may face issues such as cost overruns, delayed timelines, and unexpected problems.
CPA Practice
MARCH 18, 2024
Date: April 2, 2024 | 1pm EDT Duration: 60 minutes | Cost: Free Presented and Hosted by GrantThornton Register Here The media and entertainment landscape is in a state of unprecedented transformation. The traditional studio model has been disrupted by streaming giants, shifting power into the hands of consumers. To thrive in this new normal, M&E companies must strike a delicate balance between advertisement revenue and subscription models.
IgniteSpot
MARCH 18, 2024
In the journey of entrepreneurship, understanding the nuts and bolts of your business finances is not just an option—it's a necessity. Many entrepreneurs in their 30s to 50s find themselves in a unique position; they're passionate about growth and self-improvement but often find the world of accounting and financial jargon to be a dense fog on their path to wealth.
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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. 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 vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
CPA Practice
MARCH 18, 2024
By Kelley R. Taylor, Kiplinger Consumer News Service (TNS) There’s another new tax in the state of Washington. The state’s Supreme Court recently upheld a controversial capital gains tax , which has been re-challenged in court and could be on the state’s ballot in November for potential repeal. Now, a first-of-its-kind state payroll tax aims to assist eligible families with a significant challenge—long-term care costs—through a Washington Cares program.
Cherry Bekaert
MARCH 18, 2024
As a grant recipient, it’s important to ensure the money is being spent effectively and efficiently when it comes to the costs related to grant expenditures. However, justifying grant expenditures can be a complex and time-consuming process. Hosts Kimberly Konczack, an Advisory Manager at Cherry Bekaert, and Shuo Zhang, Manager, are joined by Kat Kizior, Senior Associate, and special guest Anthony Walsh, Senior Manager.
CPA Practice
MARCH 18, 2024
With tax season nearly over, it’s a great opportunity to understand more about your client’s experience. A client satisfaction survey can help you do that. Personalized customer surveys are a powerful tool in garnering this essential information, enabling you to tailor your firm’s products, services, and communication effectively. Let’s delve into best practices for crafting these surveys, recommended software tools, suggested top questions to include, and a sample email to send to your clients
Xero
MARCH 18, 2024
In Xero we’ve improved how you adjust your financial year-end settings. To see the latest changes check out this article – setting up your organisation’s financial settings. The start date for Basis Period Reform is fast approaching. From April 2024, your sole trader and partnership clients will need to follow a tax year basis for Income Tax as part of HMRC’s Basis Period Reform.
Advertiser: Paycor
Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.
CPA Practice
MARCH 18, 2024
By Irina Anghel, Bloomberg News (TNS) Deloitte is looking to overhaul its structure as the professional services firm looks to cut costs ahead of a market slowdown, according to the Financial Times. The move will see the firm reorganize its main business units down to four arms from five, the paper said, citing a person familiar with the matter. They are audit and assurance; strategy, risk and transactions; technology and transformation; and tax and legal.
Anders CPA
MARCH 18, 2024
Operating a business in the trucking industry has always been a challenge, but recent years have been exceptionally difficult. Fuel costs, labor costs, and equipment costs are all sky-high. This environment has created opportunities for some with significant consolidation among trucking companies. Yet household names in the industry that existed for nearly 100 years have completely gone out of business.
CPA Practice
MARCH 18, 2024
The retail industry supported 55 million full-time and part-time jobs in 2022, accounting for 26% of total U.S. employment, according to a new report released today by the National Retail Federation. The figures are up from 52 million jobs and 25% of total U.S. employment in 2018. Conducted by PwC, The Economic Contribution of the U.S. Retail Industry examines the direct, indirect and induced contribution of the retail industry to the U.S. economy.
Canopy Accounting
MARCH 18, 2024
With the technological transformation that's taking place in the business landscape, the importance of having the right practice management software has never been more critical for the accounting industry.
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Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions. Our whitepaper reveals seven must-know facts about instant payments, offering to help you navigate this financial revolution effectively.
CPA Practice
MARCH 18, 2024
Quadient is expanding its Quadient Experience Partner Program to include the company’s financial automation solutions. Previously focused on Quadient’s CCM solutions, the new program brings more value to partners while expanding the reach of Quadient’s cloud solutions’ rich features and functions to more customers. Currently, more than 100 business and technology partners collaborate with Quadient on delivering and integrating with the company’s CCM and document automation solutions, Quadient In
Cherry Bekaert
MARCH 18, 2024
In the latest episode of Cherry Bekaert’s Risk & Accounting Advisory podcast series, Neal Beggan , is joined by Steven Ursillo and Dan Sembler , both partners in our Information Assurance & Cybersecurity practice. During this episode they discuss the many benefits of Service Organization Control (SOC) 2 reports, such as security insights, gaining customer trust and risk management, and how those benefits bring value to a company.
CPA Practice
MARCH 18, 2024
AICPA & CIMA are accepting applications for their annual Accounting Scholars Leadership Workshop (ASLW), an event that provides instruction, advice and guidance to diverse college and university students interested in a career in accounting and finance. The program also demonstrates the value these students would add to the growth and development of the profession.
Accounting Today
MARCH 18, 2024
A federal court has temporarily halted the Securities and Exchange Commission's climate-related disclosure rule in response to a lawsuit from a pair of fracking companies.
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"Offer payroll and do it yourself,” they said. “It’ll be fun!” Spoiler alert: It was not fun. Most CPA firms know that they need to offer payroll services to their clients or risk losing them to another firm that will. However, many don’t really want to. It is often time-consuming and complex due to changing tax laws and regulations, and with the growing staffing shortages, most just don’t have the resources.
CPA Practice
MARCH 18, 2024
Top 500 accounting firm JHM Certified Public Accountants, based in Chattanooga, is expanding its presence in eastern Tennessee by combining with Harting, Bishop & Arrendale (HBA) in Cleveland, TN. The combined firm will operate under the name of JHM Certified Public Accountants. The merger brings JHM to approximately 70 team members. Dean Krech “We were very familiar with the importance HBA placed on deep personal relationships with their clientele and are sincerely humbled and honored to e
Insightful Accountant
MARCH 18, 2024
Voting is still open for the 2024 Domestic (US & its Territories) ProAdvisor Awards and will continue through April 2, 2024.
Accounting Today
MARCH 18, 2024
Accounting Today is accepting submissions for its report recognizing the Best Accounting Firms for Technology. This is the sixth year the publication will recognize firms in this category.
CPA Practice
MARCH 18, 2024
By Ken Berry The monumental Tax Cuts and Jobs Act—signed on December 22, 2017—featured a slew of provisions affecting individuals and business entities. Although there are exceptions, many of the provisions for individuals are scheduled to expire after 2025. Conversely, most changes for businesses are permanent, such as the flat 21% tax rate for corporations, but others are temporary.
Advertiser: Paycor
These calendars provide pay period dates and paydays for biweekly, semi-monthly, and monthly payroll in 2024. Use them as a reminder or share with employees so they can celebrate payday.
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