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Monday Morning Accounting News Brief: Billions of ERC Claims Denied; On the OnlyFans Career Track; 24-Hour Busy Season?? | 6.24.24

Going Concern

It’s Monday, June 24, 2024 and this is your news in and around the accounting profession. Such is the case for Jonathan Cardella, who runs Strike Tax, a tax advisory firm in Boise, Idaho. He ditched university at age 17 to pursue an accountancy apprenticeship. “My Good morning!

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Webinar: Tax Firm Innovation: Assessing and Enhancing Your Current Processes

CPA Practice

This webinar will be held on Tuesday, July 9, 2024 at 1:00pm ET Sponsor: SafeSend Duration: 1 Hour Register Now With so many new features, automation technologies and firm modernizations coming out in 2024, Tax & Accounting professionals have a lot to keep up with. Moderated by: Gail Perry is the editor-in-chief of CPA Practice Advisor.

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Webinar: Tax Firm Innovation: Assessing and Enhancing Your Current Processes

CPA Practice

Gain a better understanding of how emerging AI technology in the tax and accounting profession can assist staff, and how it may look in a modern software solution, like SafeSend One. A veteran of accounting journalism, she also speaks at many accounting events, trade shows, and webinars.

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The Collaborative Accountant

CPA Practice

For too long, accountants and their clients have been operating out of alignment. Collaborative Accounting is the path, and this eBook will start you on your journey. Do you want more time for the deeper advisory work that matters to you and to your clients but aren’t sure how to get there?

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The Benefits of Delayed Business Filings

CPA Practice

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. In addition, incorporating, of course, establishes their legal separation from the business’s liabilities sooner, which protects their personal finances from the business’s debts.

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Eliminate Manual Work and Accelerate Accounts Receivable

CPA Practice

See how top accounting firms have reduced Days Sales Outstanding (DSO) and saved time by modernizing their payment workflow. Discover time-tested tips for accelerating your Accounts Receivable (A/R) cycle and getting paid faster. Learn exactly where and how to automate your client touchpoints to improve relationships quickly.

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Are Your Clients Compliant with Tangible Personal Property Taxes?

CPA Practice

If owners miss anything or neglect to account for personal property, it can be considered “omitted property,” and unpaid taxes could be subject to penalties and interest. And some states, including Idaho, Maine, New Mexico, and Rhode Island , don’t use a standardized return and depreciation form.