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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.
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.
Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.
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.
Last week, AccountingDepartment.com Business Development Representative, Luke Backus, attended the Veteran Entrepreneur Training Symposium (VETS24) in Orlando, Florida.
…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
…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
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.
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.
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.
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.
As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R
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.
“ 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.
Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
While robust software solutions can streamline these processes, it's still important to have a fundamental grasp of the requirements for successful implementation.
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.
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.
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.
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
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.
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.
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.
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.
Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
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.
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.
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