MyIRSRelief
MAY 30, 2024
Tax preparation service Learn how to prepare your taxes accurately and efficiently with our step-by-step guide. Discover tax tips, deductions, and credits to maximize your refund. As the tax filing season approaches, many individuals and business owners feel overwhelmed by the complexity of tax preparation. However, with the right guidance, navigating the tax preparation process can be straightforward and stress-free.
CPA Practice
MAY 30, 2024
By Reyes Florez. Headlines highlighting rapid changes in the accounting industry are ubiquitous. The shifts are both obvious and subtle, and for those of us in the industry, it can seem daunting to predict what’s next as even the pace of acceleration is accelerating. Investing time to understand where things are headed is important to a firm’s and professionals’ ability to proactively evolve instead of merely reacting.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Going Concern
MAY 30, 2024
This is gonna be long and there’s no TLDR. Get over it. As mentioned in this week’s news brief, the Institute of Chartered Accountants in England and Wales (ICAEW) put together a snazzy little report on the state of mid-tier firms based on a survey of managing partners. Keeping in mind that these are specifically mid-tier firms across the pond but the Brits are basically us with funny accents, bland food, and an unnecessary vowel littered throughout their words ending in -or.
Accounting Today
MAY 30, 2024
The Internal Revenue Service intends to expand the number of states and tax situations in which the free system will be available.
Speaker: Amanda Adams, Fractional CFO, CPA
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
Going Concern
MAY 30, 2024
…granted it’s still been a months-long wait for some people but let’s stay positive here and celebrate The Powers That Be shaving a few days off of the first score release of 2024 for the core sections of the exam (AUD, FAR, and REG). On May 29, NASBA received and processed the following scores from the AICPA: pic.twitter.com/K2MYH6Lj0a — NASBA (@NASBA) May 29, 2024 Candidates were just as surprised as we were to see scores appear early, the target score release date for
Insightful Accountant
MAY 30, 2024
Intuit is offering a variety of discounts for QuickBooks Users and ProAdvisors adopting their QuickBooks Bill Pay plans in lieu of Melio Bill Pay which is no longer integrated into QBO.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Accounting Today
MAY 30, 2024
If marijuana is reclassified, lots of businesses may want to reconsider their structure.
Patriot Software
MAY 30, 2024
Running payroll is more than cutting employees a check for their hours worked. Payroll takes time. A lot goes into calculating and withholding taxes and deductions. There’s room for mistakes and opportunities for improvement. You can use payroll KPIs, or key performance indicators, to analyze how well you manage payroll.
Accounting Today
MAY 30, 2024
Given the financial and reputational repercussions, accounting firms must look for advanced solutions to stay ahead of cybercriminals. One is opting for managed security services.
Withum
MAY 30, 2024
Investigators often gather public information maintained by public bodies, such as individual real estate tax records, criminal tax histories, and civil court records. This information is used in background checks, civil litigation and due diligence investigations. Technological advancements have made personal information in the public domain more readily available.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Accounting Today
MAY 30, 2024
The lawsuit alleges that Chanos "never intended on paying the company back, but instead planned on using his power as general partner to run the company into the ground, enjoy the tax benefits of his financial shenanigans, and leave his partners with nothing.
CPA Practice
MAY 30, 2024
Cybersecurity attacks continue to be a significant risk for middle market companies as the increasingly complex threat environment includes emerging technologies such as generative AI, according to the RSM US Middle Market Business Index Special Report: Cybersecurity 2024, presented by RSM US LLP (“RSM”) in partnership with the U.S. Chamber of Commerce.
Accounting Today
MAY 30, 2024
While robust software solutions can streamline these processes, it's still important to have a fundamental grasp of the requirements for successful implementation.
Basis 365
MAY 30, 2024
“ How you do one thing is the way you do everything. ” There’s a powerful phrase that resonates across industries and life: "how you do one thing is the way you do everything." This has also been written as "how you do anything is the way you do everything." Whichever version you know or prefer, the point is the same. These sayings encapsulate the essence of consistency, attention to detail, and a commitment to excellence—qualities that are crucial for any successful enterprise.
Advertisement
Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.
Accounting Today
MAY 30, 2024
China may suspend some of the global auditor's local operations over its role in one of the nation's biggest alleged financial fraud cases.
CPA Practice
MAY 30, 2024
ShareFile has added new accounting functionalities designed to create efficiency, reduce complexity, and improve client satisfaction. ShareFile is a business unit of Cloud Software Group, Inc., and provider of the ShareFile secure, collaborative client experience technology. Created specifically with accountants and CPAs in mind, the new capabilities help manage and automate document and client-centric workflows.
Withum
MAY 30, 2024
Let’s start off with the basics: What is Microsoft List, and what makes it different than the standard, out-of-the-box SharePoint list? What? The Microsoft List app is a smart tracking application within the Microsoft 365 suite that allows users to create, share and manage lists for various purposes, such as tracking issues, assets, routines, contacts, inventory and more.
CPA Practice
MAY 30, 2024
Hosts Randy Johnston and Brian Tankersley, CPA, review Anchor , a system that automates the entire process of getting paid by clients, end-to-end. It enables firms to send proposals, and has functions to auto-invoice, auto-charge, and auto-sync them all with your accounting software. Use the video player below to watch, or the podcast player below to listen to the podcast. – Or use the below podcast player to listen: Transcript (Note: There may be typos due to automated transcription errors.
Speaker: David Warren and Kevin O’Neill Stoll
Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng
Accounting Today
MAY 30, 2024
CPA financial planners need to make clear how they're different from the rest of the pack.
CPA Practice
MAY 30, 2024
Attention senior citizens: Do not get duped by fake content on the internet (like this ), videos on YouTube, and posts on Facebook or other social media sites claiming that a fourth stimulus check of $2,000 or a similar amount is forthcoming to you and people with disabilities. It is not true. Misinformation about a fourth stimulus check being sent from the federal government—not only to seniors and the disabled but to other Americans—has been circulating online for many months.
DMCL
MAY 30, 2024
As a talent lead, what truly excites me is sharing insights about positions and managers with potential candidates, acting as a bridge (no pun intended) between job descriptions and candidates to envision their future roles. While job descriptions provide a glimpse of the job responsibilities, deeper insights from hiring managers can reveal the true essence of an opportunity as well as the managers’ approach to the team objectives.
CPA Practice
MAY 30, 2024
Ten professionals at top 20 accounting firm Wipfli will be able to add the title of “partner” to their LinkedIn profiles on June 1. “I am happy to announce 10 individuals’ promotions to partner. It is a privilege to work with these leaders, knowing they have earned the respect of colleagues and clients,” Kurt Gresens, managing partner of Wipfli, said in a statement.
Advertisement
The first Market Momentum Index: AI and Unstructured Data Management, conducted by Deep Analysis with support from AIIM and M-Files, surveyed 500 enterprises across various industries to assess their readiness to employ AI. The results reveal that AI is already far more embedded into organizations' operations than previously realized. These findings and more insights have been brought to you in the "Market Momentum Index: AI and Unstructured Data Management.
Insightful Accountant
MAY 30, 2024
The Department of the Treasury and the Internal Revenue Service have issued proposed regulations under the Inflation Reduction Act for owners of qualified clean electricity facilities and energy storage technology seeking relevant tax credits.
CPA Practice
MAY 30, 2024
By Jon Healey, Los Angeles Times (TNS) After a trial run in California and 11 other states, the IRS Direct File program will be made available to all 50 states next year, Treasury Secretary Janet Yellen announced Thursday. And over the next few years, the program’s capabilities will be expanded so that more taxpayers in participating states will be able to use it, she said.
ThomsonReuters
MAY 30, 2024
In the ever-evolving world of auditing, the AICPA Auditing Standards Board (ASB) has introduced SAS 145 , effective for audits of financial statements for periods ending on or after December 15, 2023. This new standard, which supersedes AU-C 315A and amends other AU-C sections, aims to bridge gaps in risk assessments and elevate audit quality. SAS 145 maintains the core principles of audit risk assessment but introduces significant enhancements and clarifications.
CPA Practice
MAY 30, 2024
By Ira Rosenbloom. Mergers and acquisitions (M&A) activity in the accounting industry has been robust and competitive—and all signs point to a continuation of that trend, especially in certain markets and for certain firms. If you are thinking of becoming either a buyer or a seller this year, there are critical steps to pursue that can improve your odds of success.
Speaker: Mark Stovel
When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.
Summit CPA
MAY 30, 2024
Many business owners can relate to this narrative: As a business scales, you become aware that your business needs a financial consultant. The financial needs of your business have far bypassed the expertise that yourself and your bookkeeper have. Naturally, you decide that a Chief Financial Officer (CFO) is likely what your business needs , but you can’t afford the salary of a full-time CFO or a robust CPA firm.
CPA Practice
MAY 30, 2024
TINCheck by Sovos, today announced the launch of the new and enhanced service offering, enabling businesses to reduce the risk of potential tax penalties, sanctions and identity theft associated with conducting business with unverified individuals and businesses. Thousands of organizations of all sizes use TINCheck to proactively verify customer and vendor data through government databases and watchlists within seconds.
Cherry Bekaert
MAY 30, 2024
As the demand for new infrastructure, commercial and residential buildings, and renovations expands, the construction industry also faces labor shortages, rising materials costs, and supply chain delays. Now more than ever, companies must find ways to streamline their operations and stay competitive. Trusted by thousands of contractors, developers, and property managers for many years, Sage 300 Construction and Real Estate (CRE) software users, formerly Timberline, may require a more robust solu
FraudFiles
MAY 30, 2024
Tracy walks through the process of calculating a business interruption insurance claim, also called a business income loss. When a company is unable to operate for a period of time due to a covered loss (a fire, for example), its insurance policy may provide coverage that pays for lost profits while the business is closed. [.
Advertisement
With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.
Expert insights. Personalized for you.
130 
Let's personalize your content