RogerRossmeisl
OCTOBER 13, 2024
You may trust your executive management team implicitly. But the research is clear: In organizations where executives turn to fraud, the results are very costly. According to the Association of Certified Fraud Examiners’ (ACFE’s) Occupational Fraud 2024: A Report to the Nations, owner/executive fraud makes up only 19% of all cases but has a median loss of $459,000 per incident.
BurklandAssociates
OCTOBER 15, 2024
Non-compliance can block capital raises, delay exits, and cost you and your investors significant time and money. The post Compliance: The Silent Startup Killer appeared first on Burkland.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
BurklandAssociates
OCTOBER 9, 2024
California’s new tax laws limit NOL deductions and tax credits for startups, raising potential tax burdens. Here’s what founders need to know to stay ahead. The post Significant Tax Changes for California Startups Beginning in Tax Year 2024 appeared first on Burkland.
MyIRSRelief
OCTOBER 11, 2024
Enrolled Agent: Comprehensive Tax Services for Individuals and Businesses When it comes to managing your taxes, finding a qualified and reliable tax professional is crucial. An Enrolled Agent (EA) is a federally-authorized tax practitioner who has technical expertise in the field of taxation and is empowered by the U.S. Department of the Treasury to represent taxpayers before the Internal Revenue Service (IRS) for tax issues including audits, collections, and appeals.
Advertisement
Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be
Acterys
OCTOBER 11, 2024
Acterys has been named a Champion in the 2024 Enterprise Performance Management (EPM) Quadrant by SoftwareReviews. For the second consecutive year, Acterys has been voted into the top spot by its customers. Each year, SoftwareReviews presents the Data Quadrant Awards to top-performing software products based solely on authentic user reviews, without any paid placements or analyst opinions.
CPA Practice
OCTOBER 11, 2024
Because of hurricanes Debby, Helene, and, most recently, Milton, all taxpayers in Florida now have until May 2025 to file individual and business tax returns and make tax payments, the IRS announced on Friday. As a result of Hurricane Milton—which hit the western coast of the Sunshine State during the late evening of Oct. 9 and crossed through Florida during the morning of Oct. 10—individuals and businesses in 51 counties will receive disaster tax relief.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
TaxConnex
OCTOBER 15, 2024
Income tax often seems to grab most of the headlines, but sales tax can make for a hefty crime – and punishment – too. A famous case recently examined in the TaxConnex podcast It Depends episode, “Sales Tax Crimes - Pt. 2: The Eccentric TYCO CEO’s Sales Tax Scheme,” clearly shows how you shouldn’t do the sales tax crime if you can’t do the time. Big numbers, common crime Unscrupulous vendors often collect and not remit sales tax (as in one recent case with a juice store owner in the District of
Acterys
OCTOBER 8, 2024
Grappling with rising labor costs, ongoing talent shortages, and the increased complexity of aligning human capital investments with business goals? You need HR strategy and workforce planning systems that support a more strategic, data-driven approach. Only one-third of HR leaders feel confident in their organization’s ability to effectively use data in the workforce planning process, according to Gartner.
Accounting Today
OCTOBER 8, 2024
A survey of internal audit and IT leaders found that while they identity AI as a growing technology risk, they have the least confidence in their ability to evaluate and handle its risks versus other technologies.
RogerRossmeisl
OCTOBER 13, 2024
Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering this strategy. With long-term tax, liability and estate planning advantages, separating real estate ownership from the business may be a wise choice. How taxes affect a sale Businesses that are formed as C corporations treat real estate assets as they do equipment, inventory and other business assets.
Advertisement
Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.
CPA Practice
OCTOBER 14, 2024
Nominations for the 2024 Awards are now open. Click here to go to the free nomination form. Multiple nominations do not enhance a candidate’s chances. There are no costs associated with these awards or the nomination process. The 40 Under 40 Awards spotlight the top practicing public accountants, educators and thought leaders who are leading their profession by visibly and incrementally changing the accounting profession through their exemplary leadership, their innovative thinking, their collab
TaxConnex
OCTOBER 8, 2024
Search engines have conditioned all of us to find what we need to know with a few clicks. But not all search engines – or state tax websites – are created equal. What it’s like typing “sales tax” into that little rectangle with the magnifying glass on each state’s website? Which states are up front from the first click with what you need and who seems to almost delight in hiding their information?
Going Concern
OCTOBER 11, 2024
PE Hub is reporting that according to three sources, CohnReznick is in talks with William Blair — the Patty Stanger of private equity investments — to “gauge new capital sources of investment” in the next few months. CohnReznick has $150 million of EBITDA, they said. The firm is currently sitting at #16 on the INSIDE Public Accounting Top 100 with $1,052,365,413 in revenue.
Accounting Today
OCTOBER 8, 2024
Proposals on the Corporate Alternative Minimum Tax and Alternative Fuel Vehicle Refueling Property Credit lead the wave of legislative and procedure changes out of the Internal Revenue Service last month.
Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius
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
RogerRossmeisl
OCTOBER 13, 2024
If you have a child or grandchild planning to attend college, you’ve probably heard about qualified tuition programs, also known as §529 plans. These plans, named for the Internal Revenue Code section that provides for them, allow prepayment of higher education costs on a tax-favored basis. There are two types of programs: Prepaid plans, which allow you to buy tuition credits or certificates at present tuition rates, even though the beneficiary (child) won’t be starting college for some time; an
CPA Practice
OCTOBER 8, 2024
In response to Hurricane Helene’s recent devastation and Hurricane Milton’s impending landfall, Wolters Kluwer Tax & Accounting is highlighting tax relief opportunities available to those affected by natural disasters in 2024. Tax relief options for impacted individuals and businesses could include filing and payment deadline extensions, casualty loss deductions, and penalty-free access to retirement funds.
Insightful Accountant
OCTOBER 13, 2024
Last week we asked you to tell us what you thought about recent Intuit actions and announcements. This week we want to know if you have changed your mind after their 'Showcase' last Thursday. Please take this short survey.
Going Concern
OCTOBER 8, 2024
Another small accounting firm has reported a data breach involving the protected health information of a whole lotta people. On October 7, Dohman, Akerlund & Eddy, LLC (or DA&E as we’ll refer to them for the remainder of this article) of Aurora, Nebraska sent out letters to 82,207 people whose data — including name, address, date of birth, Social Security number, medical treatment/diagnosis information, dates of service, health insurance provider name, health insurance claim
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 Today
OCTOBER 11, 2024
New technology has a habit of fixing old problems but creating new ones in their place, and AI is unlikely to be an exception.
RogerRossmeisl
OCTOBER 13, 2024
As appearing at the IRS web page entitled “IRS Audits” An IRS audit is a review/examination of an organization’s or individual’s books, accounts and financial records to ensure information reported on their tax return is reported correctly according to the tax laws and to verify the reported amount of tax is correct. Why am I being selected for an audit?
CPA Practice
OCTOBER 9, 2024
A new report from cybersecurity solutions provider Heimdal Security revealed that finance and IT are the industries most targeted by job scammers. Employment scams are nothing new, but as technology like artificial intelligence advances, career experts have seen more scammers try to take advantage of job seekers. Job scams ranked among the top five most common scams last year, according to the Federal Trade Commission.
Randal DeHart
OCTOBER 11, 2024
External factors, such as economic changes or technological advances, can significantly impact whether a business will thrive or fail. The rise of sharing and gig economy apps is an excellent example. These apps gave consumers more affordable options for daily tasks and errands and provided individuals with a new way to earn money on their schedules.
Speaker: Joe Sharpe and James Carlson
Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.
Anders CPA
OCTOBER 9, 2024
Anders has been named to the St. Louis Business Journal’s list of Top 150 Privately Held Companies in St. Louis for the second time. Each year, the St. Louis Business Journal celebrates the largest and fastest-growing companies in our region. The Top 150 list features the top privately held local companies ranked in order by revenue. Coming in at #133, up from #145 in 2022, Anders is honored to make the list once again.
Going Concern
OCTOBER 14, 2024
For the second year in a row, EY is pushing back start dates for some new hires, in this case about 200 people who were expecting to start at Parthenon next month or in January. Earlier start date deferrals happened in November and August of 2023 , there may be more we haven’t mentioned. Probably are more. FT : On a call with staff, EY-Parthenon bosses blamed a disappointing market for mergers and acquisitions and private equity activity, meaning advisory revenue growth has been slower tha
Accounting Today
OCTOBER 9, 2024
To help build the accounting pipeline, the Big Four firm is publicly supporting other ways to earn a license.
CPA Practice
OCTOBER 9, 2024
By Gail Cole. Maine governor Janet Mills wanted to get rid of the red tape that separates many Down East nonprofits from sales tax exemptions. She succeeded: As of January 1, 2025, thousands of nonprofits in Maine will be eligible for a blanket exemption. Maine is the only state in New England — and one of just 17 states nationwide — that doesn’t already provide a blanket sales tax exemption for nonprofits, according to a report by Maine Revenue Services (MRS) that was presented to the Maine
Advertisement
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.
AccountingDepartment
OCTOBER 8, 2024
Budgeting is crucial for any business that wants to succeed in the long term. As a business owner of a small to medium-sized business, you may have experienced the challenges of creating and implementing a budget.
GrowthForceBlog
OCTOBER 9, 2024
7 min read October 9th, 2024 Nonprofit donations are what keep your organization operating. Key Takeaways What Are In-Kind Donations : Monetary donations include any transfer of cash funds to a nonprofit organization. Any other type of contribution belongs to the other category of donations, which is known as in-kind donations. There are two kinds. How to Track In-Kind Donations in Nonprofits: Unfortunately, tracking in-kind donations is not as straightforward or simple as tracking cash donation
SkagitCountyTaxServices
OCTOBER 9, 2024
Despite being a nation that systematizes and plans, when the unexpected occurs, we still find ourselves reeling and trying to adjust. In the case of Helene and western North Carolina, it’s been a difficult battle. Who could have predicted that kind of flooding and devastation? We’re still undone by the images and updates about search and rescue efforts in those areas.
Accounting Today
OCTOBER 10, 2024
A senate hearing; lack of Unity; that ain't chicken feed; and other highlights of recent tax cases.
Advertisement
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.
Expert insights. Personalized for you.
248 
Let's personalize your content