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.

accounting firms 65

accounting firms accountant Account accounted 65

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.

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Sales Tax Hospitality Healthcare 202

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.

Technology 115

Technology Tax Retail 115

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.

Real Estate 107

Real Estate accountant accounted Account 107

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Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

accounting and finance

CPA Practice

OCTOBER 3, 2024

As the cost of healthcare in the U.S. rises to a record high since the COVID-19 pandemic, nearly half of employers expect healthcare costs will exceed budget projections this year. In response, employers are embracing different approaches to safeguard program affordability for their companies as well as for their employees. While focusing on more competitive, cost-effective plan designs to control costs, they are seeking to maintain employee wellbeing, according to a new survey by WTW, a global

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Healthcare Retail accountant accounted 111

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.

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payroll Hospitality Manufacturing Construction 110

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.

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accountant accounted Account 85

CPA Practice

OCTOBER 3, 2024

Professionals on the Move is a collection of staffing, promotion and leadership announcements from around the profession. AffiniPay Appoints Nate Skinner as Chief Marketing Officer AffiniPay , a leader in legal practice management software, integrated payments, and embedded fintech solutions for professionals, recently announced Nate Skinner has joined AffiniPay as Chief Marketing Officer.

public accounting 104

public accounting Government cpas Healthcare 104

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.

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Tax tax preparation 113

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Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

Account

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.

Technology 103

Technology accounting firms accountant Account 103

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.

business accounting 77

business accounting accountant accounted Account 77

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.

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North Dakota Montana Vermont Wyoming 98

Accounting Today

OCTOBER 3, 2024

Those affected by the storm now have until Feb. 3 to file and pay their taxes.

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Illinois Tax 110

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

Finance

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.

Sales 85

Sales 85

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.

payroll 71

payroll Tax Legal CPA 71

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.

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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

accounting firms 62

accounting firms accountant Account accounted 62

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

accounting and finance

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.

accountant 65

accountant Account accounted 65

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).

Tax 59

Tax 59

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.

Technology 62

Technology accountant Account accounted 62

Insightful Accountant

OCTOBER 3, 2024

Solver has released three new industry solutions serving Construction, SaaS and Senior Living. Their solutions use the power of data to meet operation and business goals, and drive and accelerate better decisions.

Construction 52

Construction 52

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

payroll

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.

Tax 65

Tax 65

Withum

OCTOBER 3, 2024

Withum Partner and Founders & Tech Executive Services Team Co-Lead Dan Krolikowski was recently interviewed on LinkedIn Live with Aaron Price of TechUnited:NJ. They discussed crucial tax considerations for founders and entrepreneurs, including Qualified Small Business Stock and its benefits, TCJA provisions, and more. Watch on YouTube Contact Us For more information on this topic, please contact a member of Withum’s Founders and Tech Executive Services Team.

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Tax 52

Accounting Today

OCTOBER 3, 2024

The Internal Revenue Service is giving eligible farmers and ranches four years to replace drought-stricken livestock, rather than two.

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Tax 65

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.

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quickbooks bookkeeping CPA accountant 52

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Historical bookkeeping clean-up is like an archaeological dig for financial documents. It is a vigorous, systematic process that ensures thorough scrutiny of every document. From verifying inconsistencies to reconciling payments, each layer of exhaustive evaluation brings greater clarity into your company's financial past. In this article, we will walk through all that historical bookkeeping clean-up entails.

bookkeeping

CPA Practice

OCTOBER 3, 2024

Following a request to the Internal Revenue Service (IRS) for tax and payment filing relief in the wake of Hurricane Helene, the American Institute of CPAs has submitted a letter to the Financial Crimes Enforcement Network (FinCEN) urging them to implement a policy to offer automatic filing extensions for Reporting of Foreign Bank and Financial Accounts (FBAR) and Beneficial Ownership Information (BOI) reports to victims of major disasters.

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cpas public accounting financial accounting Tax 52

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?

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South Carolina North Carolina tax preparation income tax 52

ThomsonReuters

OCTOBER 3, 2024

← Blog home For most accounting firms, tax preparation is a cornerstone of their business. However, many forward-looking firms are increasingly focused on growth through not only traditional compliance but through an advisory service model that incorporates value-based pricing, strategic client expansion, and technology integration. According to a recent survey of 180 tax professionals at accounting firms, 88% of respondents indicate that their firm currently offers tax advisory services.

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Technology tax preparation tax return accounting firms 52