Pathways to Growth: Optimizing opportunistic growth
Accounting Today
OCTOBER 3, 2024
Fish are literally jumping into the boat these days, and accounting firms need to ensure that they get the best possible catch.
Thu.Oct 03, 2024
72 
Industries with Complex Sales Tax Compliance
TaxConnex
OCTOBER 3, 2024
Navigating sales tax compliance in complex organizations can be a challenge, influenced by various factors. Industries like telecommunications, hospitality, healthcare, manufacturing, and technology face unique complexities when it comes to sales and use tax compliance. In this blog we discuss some of the reasons why these particular industries can be a bit more challenging than others.
Join 237,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
IRS Provides Relief to Taxpayers Impacted by Hurricane Helene
Withum
OCTOBER 3, 2024
The IRS issued a news release providing tax relief for taxpayers affected by Hurricane Helene. This includes the entire states of Alabama, Georgia, North Carolina, and South Carolina, 41 counties in Florida, eight counties in Tennessee, and six counties and one city in Virginia. Key Hurricane Helene Tax Relief Information Who qualifies for this relief?
Tax Fraud Blotter: Beat this
Accounting Today
OCTOBER 3, 2024
Let me pay that; W-2-timer; the early bird gets a cell; and other highlights of recent tax cases.
Forecasting Failures Are Costly: Here's How To Fix Them
Speaker: Dave Sackett
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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.
Avalara Announces New AI-based Tariff Code Classification Solution
CPA Practice
OCTOBER 3, 2024
Avalara, Inc. , a provider of tax compliance automation software for businesses of all sizes, has announced the launch of Automated Tariff Code Classification , a AI-based system that uses a pioneering combination of proprietary, advanced AI, machine learning, and natural language processing methods and technologies to classify large product catalogs quickly and efficiently to Harmonized System (HS) or Tariff Codes.
IRS workers pitch in on Helene relief
Accounting Today
OCTOBER 3, 2024
More than 500 Internal Revenue Service staff are manning FEMA phone lines, and others are deploying to help with search and rescue efforts.
Signup to get articles personalized to your interests!
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
More Trending
Storm victims in Illinois get tax relief
Accounting Today
OCTOBER 3, 2024
Those affected by the storm now have until Feb. 3 to file and pay their taxes.
Most Say Pressure to Tip Has Gone Too Far, Poll Finds
CPA Practice
OCTOBER 3, 2024
By Tanasia Kenney Merced Sun-Star (Merced, Calif.) (TNS) To tip or not to tip? It’s the question many Americans are faced with when paying for a product or service, and many say the pressure is beginning to be too much, according to a new Upgraded Points study. A whopping 90 percent of respondents feel tipping expectations have gotten out of control, the report found, leaving some customers reeling from so-called “tipflation.
Caroline Weirich Named Woman to Watch, Emerging Leader Category
Withum
OCTOBER 3, 2024
Withum is proud to share Caroline Weirich , Supervisor, was nominated at the Maryland Association of Certified Public Accountants (MACPA) 2024 Women to Watch Awards in the Emerging Leader category. The MACPA Foundation’s annual Women to Watch awards celebrates women in the accounting profession who demonstrate leadership and contribute to the profession through service and implementation of impactful initiatives.
Top Remote Accountants of the Week | October 3, 2024
Going Concern
OCTOBER 3, 2024
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Sign up now to view the complete candidate list and connect with potential hires.
Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments
Speaker: Erroll Amacker
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
Software Licensing and Privacy Policies – The Accounting Technology Lab Podcast – Oct. 2024
CPA Practice
OCTOBER 3, 2024
Hosts Brian Tankersley, CPA, and Randy Johnston discuss how changes in software licensing and delivery models can affect client data and privacy policies. View the video at: [link] Or use the below podcast player to listen: Transcript (Note: There may be typos due to automated transcription errors.) Brian F. Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab sponsored by CPA practice advisor.
Five Years After Leaving Deloitte, Cathy Engelbert is Still the First Person in the Office in the Morning
Going Concern
OCTOBER 3, 2024
It’s been a while since we checked in on former Deloitte CEO Cathy Engelbert, the woman who will forever hold the title of first female CEO of a US Big 4 firm. Apologies to any WNBA fans out there, it’s not really a priority on our editorial calendar (we’re too busy with more important things ). When she left the Green Dot at the end of FY19, Engelbert made the transition to commissioner of the WNBA where she remains to this day, taking flak from fans for being too businesslike
Baker Tilly Acquires RPA Services Provider Alirrium
CPA Practice
OCTOBER 3, 2024
Top 10 accounting firm Baker Tilly is expanding its advanced technology capabilities by acquiring Alirrium, a company that specializes in robotic process automation (RPA) advisory and implementation services, effective Nov. 1. Financial terms of the deal weren’t disclosed. Baker Tilly said the move strengthens its capabilities in RPA, artificial intelligence, and machine learning to better support businesses in modernizing and improving their operations.
Budget Versus Forecast: What Your Business Needs to Know
Summit CPA
OCTOBER 3, 2024
What is the difference between a budget and a forecast? How do both financial tools help you increase cash flow and profitability?
Book of Secrets on the Month-End Close
Advertisement
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.
Paychecks Increased 4.7% and 143,000 Jobs Added in September, Says ADP
CPA Practice
OCTOBER 3, 2024
Private sector employment increased by 143,000 jobs in September and annual pay was up 4.7 percent year-over-year, according to the September ADP National Employment Report produced by ADP Research in collaboration with the Stanford Digital Economy Lab. The ADP National Employment Report is an independent measure and high-frequency view of the private-sector labor market based on actual, anonymized payroll data of more than 25 million U.S. employees.
Surviving the Second Tax Season
Insightful Accountant
OCTOBER 3, 2024
The IRS reports a 30% increase in tax extensions over the past five years, with 19 million taxpayers filing for automatic extensions this year. This trend is reshaping our profession (and driving us all nuts).
ABUKAI Launches Expense Management for Apple Vision Pro
CPA Practice
OCTOBER 3, 2024
ABUKAI, a provider of innovative expense management solutions, has announced that its business application is now available for Apple Vision Pro devices. The Apple Vision Pro is an exciting new device with spatial computing capabilities. The ABUKAI application for the Apple Vision Pro allows users to add receipts and create expense reports directly from the Apple Vision Pro.
IRS to double reach of Direct File in 2025
Accounting Today
OCTOBER 3, 2024
The free filing program will be available in 24 states, and reach potentially 30 million taxpayers.
How To Break Digital Transformation Barriers And Accelerate AI Adoption
Speaker: Anna Tiomina, MBA
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?
AccountingDepartment.com Attends EO Alchemy 2024
AccountingDepartment
OCTOBER 3, 2024
To kick off this year's series of Entrepreneurs' Organization (EO) events, ADC Business Development Representative, Shawn Marcum, attended EO Alchemy in Denver, CO last week.
S Corp vs. LLC: Which Is Better for Your Business?
Patriot Software
OCTOBER 3, 2024
When you start a company, there are several business structures. Two popular types of business structures are an S corporation and LLC. Are you choosing between these structures? Find out the key differences between S Corp vs. LLC and learn which is best for you. S Corp vs.
Why Am I Getting So Many Emails About QuickBooks PCI Compliance?
Nancy McClelland, LLC
OCTOBER 3, 2024
There’s been a ton of confusion lately among QuickBooks Online users due to a series of emails from Intuit about the importance of PCI compliance (that part’s true, it is important), which they follow up with a plug to encourage you work with their “partner,” SecurityMetrics. Problem is, they are surprisingly quiet about the fact that QB Payments… is already PCI compliant.
Economists want to trash the QBI deduction. What will voters say?
Accounting Today
OCTOBER 3, 2024
A costly provision of the Tax Cuts and Jobs Act of 2017 is in limbo as policy wonks call for either big changes or outright elimination of the policy.
Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100
Advertisement
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.
Pending Home Sales Rose 0.6 Percent in August
CPA Practice
OCTOBER 3, 2024
Pending home sales in August rose 0.6%, according to the National Association of REALTORS®. The Midwest, South and West posted monthly gains in transactions, while the Northeast recorded a loss. Year-over-year, the West registered growth, but the Northeast, Midwest and South declined. The Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based on contract signings – increased to 70.6 in August.
Steve Padgett on How You as a Business Owner Pay Yourself
SkagitCountyTaxServices
OCTOBER 3, 2024
I’m watching in disbelief, like you, as I see the photos of the hurricane devastation keep rolling in. It’s hard to believe so much infrastructure can be swept away that quickly. Our hearts are grieving for those who lost loved ones and homes and businesses from Helene. I’ll keep you updated on any deadline extensions that the IRS makes available in the coming days – they usually do in situations like these.
CPE Webcast Nov. 14. – Selecting the Right Payroll Partner for Your Business Growth
CPA Practice
OCTOBER 3, 2024
This webinar will be held on Thursday, November 14, 2024 at 2:00pm ET Sponsor: IRIS Payroll Duration: 1 Hour Register Now Gustavo Fernandez, President of Payroll Service Pros, will share real-world examples to demonstrate the differences and the choices you make play out in practice. Key Takeaways: Features and Functionality: Selecting the right payroll software platform or payroll service can make or break your payroll business.
FreshBooks lays off 140
Accounting Today
OCTOBER 3, 2024
Accounting solutions provider FreshBooks will be laying off 140 employees across all teams, and at all levels around the world, more than 20% of its staff of roughly 500.
New Software & You: Elevating Your Tech Stack
Speaker: Joe Wroblewski, Senior Sales Engineer
Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!
Accounting Firm Named ‘The Pun Group’ Isn’t Punny at All
Going Concern
OCTOBER 3, 2024
INSIDE Public Accounting #437 firm The Pun Group of Santa Ana, CA (revenue $8,856,915) put out a press release about their new website today and imagine our disappointment when we read all 661 words of it to find nary a pun in the bunch. The Pun Group, LLP, a leading accounting firm specializing in comprehensive audit, tax, and advisory services, announced today that it has relaunched its website to highlight its longstanding industry success and the workplace solutions it offers its wide array
Crowe doubles size of AI team
Accounting Today
OCTOBER 3, 2024
Crowe announced a major expansion of its Artificial Intelligence Center of Excellence, effectively doubling its size through the addition of three newly established teams fully dedicated to AI pursuits.
U.S. Companies Claiming Australia’s R&D Tax Incentives: Too Good To Be True?
Withum
OCTOBER 3, 2024
In the dynamic landscape of global business, innovation is not just a buzzword but a fundamental necessity for growth and competitiveness. As U.S. companies push the frontiers of research and development (R&D), maximizing the value of these investments is crucial. Australia’s Research and Development Tax Incentive Program (RDTIP) offers significant benefits to qualifying businesses.
New Acumatica release brings expanded automation, reporting tools
Accounting Today
OCTOBER 3, 2024
Accounting ERP provider Acumatica announced its 2024 R2 launch, with hundreds of new features and capacities, many of which center around automation, integrations and enhanced accuracy.
The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience
Speaker: Melissa Hurrington
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
Let's personalize your content