ThomsonReuters

AUGUST 8, 2024

In the rapidly evolving landscape of the accounting profession, the integration of AI-powered technology stands out as a pivotal factor that can accelerate a young professional’s journey toward becoming a partner. Embracing a more consultative mindset, as well as leveraging the most current accounting tech solutions , is essential for those aiming to distinguish themselves and advance their careers in modern accounting firms.

Technology 52

Technology Account accounted accountant 52

TaxConnex

AUGUST 8, 2024

Many industries come with confusing sales tax complexities. So does agriculture, and several aspects make this industry trickier than others for sales tax. Here are points to keep in mind regarding sales tax and agriculture. Laws vary by state Sales tax changed dramatically in 2018 with the Supreme Court Wayfair decision in a case that greenlighted states mandating online retailers collect and remit sales tax on transactions in states where they had no physical presence.

Agriculture 264

Agriculture Sales Tax South Dakota 264

Accounting Today

AUGUST 8, 2024

The Internal Revenue Service is paying out more claims for the Employee Retention Credit program even as it gives the claims greater scrutiny, and is moving the moratorium on processing new claims from Sept. 14, 2023 to Jan. 31, 2024.

Tax 133

Tax 133

Going Concern

AUGUST 8, 2024

Indian business news site Business Standard published a story the other day with the following headline : Amid GCC boom, Big Four in India are boosting hiring of ‘tech architects’ This should be good. If you don’t know the GCC acronym, you certainly know the concept. GCCs, or Global Capability Centers, are the offshore warehouses where they stuff all the people who work cheaper than you (the average cost of a full-time equivalent at a GCC was $22,939 including salary and other

Technology 115

Technology Real Estate Entertainment accounting firms 115

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

Finance

Accounting Today

AUGUST 8, 2024

Claims for the Residential Clean Energy Credit averaged $5,084 per tax return.

tax return 126

tax return Tax 126

CPA Practice

AUGUST 8, 2024

Jonnelle Marte Bloomberg News (TNS) The pandemic changed where Americans are likely to live and work, with a growing portion of job openings moving away from the biggest cities and into smaller metro areas, according to a Federal Reserve Bank of New York analysis. Job listings in large central metro areas now account for about 38% of total listings nationwide, down from 46% prepandemic, the researchers said in a blog post published this week.

New York 114

New York accounted Account accountant 114

Going Concern

AUGUST 8, 2024

Marquette University’s #32 ranked undergraduate accounting program* has deployed a mentoring project that seeks to help first year accounting students make sense of the language of business. “We consistently find that students who are just starting out in the accounting courses are the ones who benefit the most from personalized instruction,” said department chair Dr.

Account 110

Account accounted accountant accounts payable 110

CPA Practice

AUGUST 8, 2024

The Tax Blotter is a round-up of recent tax legislation and rulings. Under recent tax legislation, individuals who inherit IRAs must take annual required minimum distributions (RMDs) over ten years. Take exception to the rules. Beginning in 2020, new rules apply to those who inherit an IRA. Generally, the beneficiary is required to empty out the account within ten years.

Tax 109

Tax accounted Account accountant 109

Xero

AUGUST 8, 2024

Managing accounts payable is a crucial part of doing business, but paying the bills can be time-consuming and inefficient. So we’re on a mission to make it easier. We’re excited to announce that, over the next few months, we’re making some enhancements to the way you manage bills in Xero. These updates will help small businesses to streamline their end-to-end accounts payable process, saving time and gaining efficiencies.

accounts payable 103

accounts payable Account accounted accountant 103

Insightful Accountant

AUGUST 8, 2024

What is really going on with QuickBooks Desktop? Fourlane is offering a new webinar series to explain all of the changes with QuickBooks Desktop.

quickbooks 98

quickbooks 98

Advertisement

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

Technology

Withum

AUGUST 8, 2024

Tax season can be stressful, especially for crypto investors. The complexity of tracking transactions, calculating gains and losses, and staying compliant with ever-evolving regulations can be difficult. However, with a bit of preparation, you can make tax season a breeze. 6 Essential Tips to Stay Ahead of the Curve Organize Your Transaction Record: Saving detailed records for all of your crypto transactions is crucial.

Tax 94

Tax tax preparation tax return tax consultant 94

Xero

AUGUST 8, 2024

In May, we announced changes to Xero’s plans in the UK as part of our efforts to simplify Xero’s offering. The new plans, which will launch on 12 September 2024, bundle key features such as Xero Payroll, Xero Expenses, multicurrency, Xero Analytics Plus and bill payments into some plans, making it easier to choose the best option for your business or clients.

bookkeeping 89

bookkeeping payroll accounted Account 89

Patriot Software

AUGUST 8, 2024

When you have employees, you need to pay them. Instead of manually calculating gross pay, payroll taxes and deductions, and net pay, you might opt for payroll software. With the right software, you can run payroll in minutes—not hours—each pay period.

payroll 78

payroll payroll tax Tax 78

Xero

AUGUST 8, 2024

“So many parents that we’ve talked to over the years want to shop secondhand, but they find the process time-consuming and frankly, quite overwhelming. We wanted to make it easier for them and make the sustainable choice, the easy choice,” said Nicole Boynton, co-founder of Hand Me Up , an ecommerce platform for second-hand children’s clothing that she started with co-founder Kara Livingston in San Antonio, Texas.

Texas 80

Texas Maine 80

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

payroll

Accounting Today

AUGUST 8, 2024

Your clients have worked long and hard their entire adult lives to secure a comfortable retirement, so make certain they don't make one of the most common mistakes as they contemplate their options.

Tax 75

Tax 75

AccountingDepartment

AUGUST 8, 2024

In today’s competitive market, small to medium-sized businesses (SMBs) face the challenge of making strategic decisions with limited resources. One area that often gets overlooked in this equation is Financial Planning & Analysis (FP&A). While it might sound like something reserved for larger corporations with extensive budgets, FP&A is crucial for SMBs aiming to maximize their potential and secure a competitive edge.

Gaming 74

Gaming bookkeeping services bookkeeping business accounting 74

Accounting Today

AUGUST 8, 2024

Tax technology company Vertex announced its acquisition of European e-invoicing company Ecosio

Tax 72

Tax accounting software accountant accounted 72

Cherry Bekaert

AUGUST 8, 2024

In the latest episode of Cherry Bekaert’s Professional Services podcast, we discuss the importance of cybersecurity, privacy and data security within the professional services industry. Scott Duda , Professional Services Industry Leader, is joined by Steve Ursillo , a Partner with Cherry Bekaert’s Information Assurance & Cybersecurity practice, as they explore the top cyber threats facing the industry.

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69

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

Finance

Accounting Today

AUGUST 8, 2024

TaxBit announced the launch of enterprise-grade pricing feature within the TaxBit Accounting Suite.

Account 61

Account accounted accountant 61

Going Concern

AUGUST 8, 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. ACCOUNTING CANDIDATE FTE Accounting Manager | Candidate ID #21968103 Certifications: CPA Education: BSBA Accounting, MS Accounting Experience (years): 12+

Real Estate 59

Real Estate Account accounted accountant 59

Accounting Today

AUGUST 8, 2024

All too often, clients literally don't know what their accountants are talking about.

Education 56

Education accounted Account accountant 56

Insightful Accountant

AUGUST 8, 2024

Insightful Accountant has partnered with Chris Panek, CPA and Certified Coach to provide training sessions with follow up Q&A sessions for our Be Insightful Premium Content members.

CPA 52

CPA Account accountant accounted 52

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

CPA

CPA Practice

AUGUST 8, 2024

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Global M&A Network has recognized its Transaction Advisory team with three awards. At the 6th Annual USA Middle Market M&A Atlas Awards, the firm was named Outstanding USA Transaction Advisory Firm and also won the Growth Investment Deal Award.

Legal 52

Legal Tax 52

Insightful Accountant

AUGUST 8, 2024

Intuit introduced a mid-year 'slipstream' update to QuickBooks Desktop reporting that allows gridlines to be displayed in five of the most popular financial reports.

quickbooks 52

quickbooks 52

Withum

AUGUST 8, 2024

Insights from Withum’s Investment Banking 2024 Quarter 1 Report Download Guide How is the M&A market trending in Q1? We dive into answering this question in our Investment Banking Quarter 1 report. Take a look at what we are seeing within the current M&A activity, M&A trends, industry sectors and the private credit markets. A Glimpse Into Our Investment Banking Quarter 1 Report: M&A activity is seeing an uptick, yet a broad recovery remains elusive As overall multiples contract,

52

52

Summit CPA

AUGUST 8, 2024

How much cash does your business need on hand? We have a few rules of thumb for our clients that we'd like to share with you.

CPA 52

CPA accountant accounted Account 52

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

Spend Management

Canopy Accounting

AUGUST 8, 2024

I recently had the opportunity to sit down with Terrell Turner , the founder of TLTurner Group , to discuss how he has successfully navigated the complex landscape of bookkeeping and CFO services for law firms since April 2020. With a growing team of 10 staff members spread across different countries and time zones, Terrell's systematic approach to managing his team and technology is impressive.

bookkeeping 52

bookkeeping 52

FraudFiles

AUGUST 8, 2024

Tracy Coenen talks with Miles Mason, Esq. about a divorce case of his in which a forensic accountant was able to find significant financial frau d.

forensic accounting 52

forensic accounting Account accounted accountant 52