CPA Practice

NOVEMBER 20, 2024

Outsourced accounting resources are becoming more popular Dating back to 2022, Middle Market Survey participants responded overwhelmingly that they had not considered an outsourced accounting solution. To download the full 2025 Middle Market Survey report please visit: [link].

Healthcare 111

Healthcare Construction Account accountant 111

TaxConnex

JULY 18, 2024

Sales Tax Accruals Ensure that sales tax is stated in your general ledger as a separate GL account number. Returns/Credits Returns and credits should be clearly identified in your accounting system. Ensure these bad debts are clearly identified and documented in your accounting system.

audit 264

audit Sales Tax tax return 264

Insightful Accountant

JANUARY 4, 2024

As an accounting practice grows, it must adapt to meet clients' needs. This includes assessing technology requirements for both the firm and clients.

quickbooks 104

quickbooks Technology Account accountant 104

CPA Practice

AUGUST 22, 2024

When fully developed, business tax account (BTA) will allow many types of business taxpayers to check their tax history, make payments, view notices, authorize powers of attorney, and conduct other business with the IRS. Within BTA, business taxpayers can now: View and make a payment toward a balance due by using a bank account.

tax accountant 109

tax accountant business tax Tax accountant 109

CPA Practice

DECEMBER 18, 2023

The Internal Revenue Service has launched the second phase of a new online self-service tool for businesses that expands business tax account capabilities and eligible entity types. Available at IRS.gov/businessaccount , the new business tax account is a key part of the agency’s continuing service improvement initiative.

tax accountant 126

tax accountant business tax Tax accountant 126

CPA Practice

SEPTEMBER 23, 2024

’Tis the season for staffing firms to release their salary prognostications for various accounting and finance roles for the upcoming year, and one of the first for 2025 comes from Atrium. The staffing and recruiting firm recently put out its 2025 Salary Guide , which includes a section for finance and accounting.

public accounting 116

public accounting accountant accounted Account 116

inDinero Tax Tips

JANUARY 13, 2025

The Hidden Costs of Automated Bookkeeping Discover why AI-powered solutions could be costing your business $$$ Download Here Prepare for Success With Good Fundamentals Unless your business has virtually no expenses, manually tracking with a spreadsheet is a poor idea. The first step is to choose your general accounting and bookkeeping tool.

bookkeeping 90

bookkeeping accounting and finance Finance CPA 90

inDinero Tax Tips

DECEMBER 2, 2024

Download Here Key Performance Indicators Your business will likely sell a subscription with a low-touch sales model, where you promote yourself with a free trial and convert customers with little human involvement, or one that depends on the efforts of a higher-touch sales team. Read our article on deferred revenue to learn more.

accounting and finance 105

accounting and finance Sales accountant accounted 105

TaxConnex

MARCH 11, 2021

The taxpayer, a business providing security and workforce productivity services, bought software for various purposes, including a product downloaded and hosted on third-party servers outside Indiana. Indiana has addressed whether a taxpayer deserved a refund on purchases of software and payments for access to it.

Sales 246

Sales Technology Indiana Tax 246

CPA Practice

FEBRUARY 23, 2023

What is the fastest-growing challenge facing accounting firms and internal audit departments today? More than 90% point to hiring and retaining skilled accountants and auditors. Responses were gathered from more than 4,100 accountants and 2,300 auditors. Some are even turning away business due to a shortage of staff.

audit 132

audit auditor accountant accounted 132

RogerRossmeisl

MAY 15, 2023

Fraudsters replace or alter QR codes so that users are directed to malicious websites or inadvertently download malware onto their devices. Such schemes enable fraudsters to access victims’ account. How thieves use them Last year, the FBI issued an alert about QR code tampering.

CPA 207

CPA Technology Account accountant 207

Xero

NOVEMBER 18, 2024

Use Xero Tax for more of your clients: Xero Tax is designed to make it easy to prepare accounts and tax where your clients are using Xero. However, if a client is not using Xero, you can still prepare company accounts and tax and partnership tax by adding their data to a Xero ledger and connecting to Xero Tax.

Tax 94

Tax tax return bookkeeping Account 94

CPA Practice

NOVEMBER 20, 2023

A new study on how accounting professionals feel about their profession, job satisfaction, and automation has found that, while they are overwhelmingly positive about the profession, there is a clear need for more automation. 88% emphasize the importance of AI and machine learning in shaping the industry’s future.

Technology 128

Technology accountant accounted Account 128

Acterys

DECEMBER 20, 2024

5 Best Practices for Connected Planning, Budgeting, & Forecasting Download this whitepaper to discover the perfect recipe for driving Planning, Budgeting & Forecasting transformation. Financial Planning and Analysis (FP&A) is a process used by analysts to develop data-driven strategies to drive a company’s financial health.By

accounting and finance 130

accounting and finance Technology accounting software Finance 130

ThomsonReuters

DECEMBER 10, 2024

Blog home As artificial intelligence continues to rapidly evolve , a new concept is emerging that tax and accounting professionals need to be aware of: agentic AI. For tax and accounting firms, agentic AI has the potential to dramatically transform workflows, client services, and the nature of professional work itself.

audit 91

audit Tax Technology tax return 91

Anders CPA

MARCH 19, 2024

Anders is proud to be recognized as one of Accounting Today’s Top 100 Firms for the fourth year in a row. Download Accounting Today’s special report on the 2024 Top 100 Firms and Regional Leaders. The post Anders Ranks #74 on Accounting Today’s Top 100 Firms List appeared first on Anders CPA.

accountant 116

accountant accounted Account CPA 116

ThomsonReuters

DECEMBER 10, 2024

Blog home As artificial intelligence continues to rapidly evolve , a new concept is emerging that tax and accounting professionals need to be aware of: agentic AI. For tax and accounting firms, agentic AI has the potential to dramatically transform workflows, client services, and the nature of professional work itself.

audit 97

audit Tax Technology tax return 97

Mark Lee

JANUARY 21, 2025

A recent conversation with cybersecurity expert Francis West prompted me to revisit a previous discussion here about the risks of cybercrime affecting accountants in practice. As the founder of Security Everywhere, his expertise is invaluable in understanding the cyber threats faced by accountants. Can you elaborate?

accountant 52

accountant accounted Account payroll 52

CPA Practice

OCTOBER 31, 2024

By Jim Wesloh Navigating the challenging landscape of cost accounting within the framework of federal contracting requires an understanding of both the Federal Acquisition Regulation (FAR) and Generally Accepted Accounting Principles (GAAP). Accounts receivable 13. Accounts payable 22. Liabilities 3. Inventory 14.

accountant 121

accountant accounted Account Government 121

ThomsonReuters

MAY 9, 2022

Technology has helped tax and accounting firms to streamline their processes and automate countless time-consuming manual tasks. Many accounting firms are creating connections between new solutions and legacy systems with APIs. In many cases, APIs are used to connect new software to an accounting firm’s existing tech stack.

Technology 105

Technology accounting firms accountant accounted 105

DuctTapeMarketing

JULY 14, 2018

Cloud-based accounting software can provide a whole suite of tools to help business owners get ahead. Handle payments and manage accounts payable. Setting up your chart of accounts to be tax-ready from the start will help you with tax saving opportunities and help you prepare for your tax liabilities, with no surprises.

bookkeeping 238

bookkeeping accounting and finance accounting software accounts payable 238

CPA Practice

JUNE 12, 2023

There is perhaps no industry in which this dynamic is more apparent than accounting; 75% of accounting processes are largely manual, according to a recent Deloitte survey of accounting professionals. This demonstrates the potential impact that automation can have — and is already having — on the day-to-day lives of accountants.

accountant 122

accountant accounted Account accounting and finance 122

CPA Practice

OCTOBER 22, 2024

Create a Year-End Tax Checklist Develop a downloadable year-end checklist that clients can use to organize their finances. For samples, download the infographic and/or PDF checklist. It could include short videos, blog posts, or downloadable guides. Sunsetting TCJA tax laws immediately comes to mind. Don’t be naughty!

accounting firms 111

accounting firms tax planning Real Estate accountant 111

Xero

FEBRUARY 10, 2025

You can now electronically submit amended accounts, we’ve added additional notes on FRS 105 and 1021a allowing you to explain any changes and a handy file button to complete the submission. For US accountants, a key compliance update has been implemented to the Schedule C report.

Tax 89

Tax Sales Government Account 89

ThomsonReuters

NOVEMBER 28, 2023

Jump to: Reflect on your current tax workflow Use automation to boost staff engagement and retention Unlock growth opportunities With staffing shortages of epic proportions, the accounting industry is facing a crossroads. Download report 2. Use automation to boost staff engagement and retention. Detect inaccuracies.

Technology 112

Technology accountant accounted Account 112

ThomsonReuters

JULY 30, 2024

Historically, accounting firms have operated under a transactional billing model, providing once-a-year services primarily focused on tax compliance and reporting. To learn more about the impact of value-based pricing, download our recent white paper, The case for transitioning your firm to value-based pricing.

accounting firms 105

accounting firms accountant accounted Account 105

Anders CPA

MARCH 15, 2023

Anders has been recognized as one of Accounting Today’s Top 100 Firms for the third year in a row. Download Accounting Today’s special report on the 2023 Top 100 Firms and Regional Leaders. The post Anders Jumps 16 Spots to #78 on Accounting Today’s Top 100 Firms List appeared first on Anders CPA.

Missouri 105

Missouri accountant accounted Account 105

Accounting Insight

JUNE 15, 2023

A new study has revealed that the UK accounting services sector has experienced consistent growth across the country, with increased demand for their services resulting in a 62% increase in new businesses in the sector since 2017. Birmingham also showed impressive growth in the sector as 1,017 new accountancy firms opened up over the period.

accountant 105

accountant accounted Account accounting and finance 105

TaxConnex

NOVEMBER 18, 2021

Download our Sales Tax Nexus guide to learn more! For example, the sale of electronically downloaded software or Software-as-a-Service. If you try to handle compliance in-house, your accounting platform may have some functionality to calculate sales tax via tax rate subscriptions and plug-ins.

Sales 246

Sales Tax Non-Profits Start-ups 246

Snyder

NOVEMBER 1, 2022

Accounting software is the primary operational tool for bookkeepers and accountants. With a large selection of products available on the market, it’s possible to pick the one that best addresses the unique needs of your accounting firm and your clients. . How to Choose the Right Accounting Software for Your Business?

accounting software 97

accounting software bookkeeping accountant accounted 97

Acterys

FEBRUARY 11, 2025

” Streamlined Workflow Automation : Built-in workflow tools simplify approval processes and improve accountability, making it easier to manage complex business operations.

Approval Workflows 130

Approval Workflows audit Government B2B 130