TaxConnex

JULY 18, 2024

Maintaining compliance documentation is crucial for businesses to ensure smooth and successful audits. Proper documentation allows auditors to interpret and verify your financial transactions accurately. Unfortunately, many businesses find themselves unprepared when faced with an audit, lacking the necessary documentation. This can lead to auditors assuming transactions are taxable, or making historical projections or arbitrary assessments of taxable sales.

audit 212

audit Sales Tax tax return 212

Accounting Today

JULY 18, 2024

The RSM network made five strategic acquisitions in Europe, including specialist audit and consulting firms in Austria, Denmark and France, plus a prestigious law firm in Spain.

audit 127

audit accounting firms accountant accounted 127

CPA Practice

JULY 18, 2024

The Department of the Treasury and the Internal Revenue Service has issued final regulations updating the required minimum distribution (RMD) rules. The final regulations reflect changes made by the SECURE Act and the SECURE 2.0 Act impacting retirement plan participants, IRA owners and their beneficiaries. At the same time, Treasury and IRS issued proposed regulations, addressing additional RMD issues under the SECURE 2.0 Act.

Account 125

Account accountant accounted 125

Accounting Today

JULY 18, 2024

The Treasury Department and the Internal Revenue Service issued final regulations Thursday to update the rules for required minimum distributions.

Tax 131

Tax 131

Advertisement

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

Insightful Accountant

JULY 18, 2024

If you are a ProAdvisor, Consultant, or Accountant wanting to support construction businesses as they digitally transition, you won’t want to miss this survey, which will provide valuable insights into the industry.

Construction 105

Construction Account accountant accounted 105

Accounting Today

JULY 18, 2024

To achieve greater agility, accuracy and the foresight needed to adjust and adapt, businesses must shed the constraints of the financial close and embrace continuous accounting.

Account 106

Account accountant accounted Technology 106

ThomsonReuters

JULY 18, 2024

Jump to: What are the top challenges accountants are facing? Attracting, hiring, and retaining staff Time management and deadlines Keeping up with tax law Billing and cash flow issues Rising challenges for accountants The accounting industry continues to experience profound change as tax and accounting professionals navigate the fluid regulatory landscape amid shifts in client and employee expectations and advancements in innovative technologies like artificial intelligence.

Account 91

Account accountant accounted Technology 91

Accounting Today

JULY 18, 2024

A recent study looked at the impact of the European Union's General Data Protection Regulation and found that firms lost some value but, at the same time, suffered fewer data breaches.

85

85

AccountingDepartment

JULY 18, 2024

Summer can be a challenging time for many businesses, with sales often dipping as customers take vacations and routines shift. But a slowdown doesn't have to mean a cash flow crisis.

Sales 83

Sales 83

Accounting Today

JULY 18, 2024

The time is ripe to start implementing AI in organizations to harness its power in time for next year's busy season.

Tax 105

Tax 105

Advertisement

By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

auditor

Patriot Software

JULY 18, 2024

The Connecticut paid sick leave law was the first state-mandated paid sick leave in the United States, dating back to 2012. In 2024, the state passed a major Connecticut sick leave expansion that begins in 2025. Do you have to pay your employees for sick days in CT?

Connecticut 77

Connecticut payroll 77

Accounting Today

JULY 18, 2024

The top state takes in $7,200 in tax per capita.

Tax 136

Tax 136

CPA Practice

JULY 18, 2024

AICPA & CIMA, which together form the Association of International Certified Professional Accountants, are officially a Great Place To Work , according to the organization of the same name that tracks employee experience. AICPA & CIMA are certified as a Great Place to Work in seven countries – The U.S., U.K., Ireland, South Africa, Malaysia, India and China.

Education 98

Education Account accountant accounted 98

Accounting Today

JULY 18, 2024

Expiring provisions and a misunderstanding of how tax law is made top the list of client worries, practitioners say.

Tax 95

Tax tax preparation tax planning Finance 95

Advertisement

Accounting firms must embrace digital transformation to stay competitive. From improving efficiency and client experience to ensuring data security, digital tools offer the edge needed in a digital-first world. Discover how Fincent can streamline your transition. The accounting industry faces a digital revolution. As technology reshapes business, firms must adapt or risk obsolescence.

Tax

Basis 365

JULY 18, 2024

Managing finances is a critical aspect of running a business, yet it often poses a significant challenge, especially for startups and small businesses. Recognizing this, Basis 365 has relaunched its Bookkeeping plan , designed specifically for startups and simple businesses. This plan aims to provide streamlined, efficient, and cost-effective bookkeeping services.

bookkeeping 64

bookkeeping bookkeeping services general ledger accounts payable 64

Accounting Today

JULY 18, 2024

Go Pats; on the hook; two down; and other highlights of recent tax cases.

Tax 106

Tax tax preparation 106

Going Concern

JULY 18, 2024

The Midwest’s favorite accounting firm announced earlier this week that 25 of its brightest stars have reached the very top of the ladder so join us in giving them a salute. Matthew Bohdan , risk and accounting advisory services, Southfield Eric Bowers , Plante Moran Financial Advisors, East Lansing Amanda Carrigan , risk and accounting advisory services, Denver Tech Center Alicia Cole , wealth management, Detroit Ben Cote , tax, Denver Tax Center Adam Counts , assurance, Southfield [Ed. n

Tax 62

Tax accounting firms Account accountant 62

Accounting Today

JULY 18, 2024

San Francisco mayoral candidate Mark Farrell has a plan to get workers back into downtown offices — and it doesn't include commuter benefits or coffee machines.

Tax 66

Tax Real Estate 66

Advertisement

Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.

Expense Management

CPA Practice

JULY 18, 2024

Bloomberg Tax & Accounting has announced new enhancements to Bloomberg Tax Workpapers, including an innovative AI formula generator and additional integrations with Bloomberg Tax’s Fixed Assets and Tax Provision solutions. These advancements continue Bloomberg Tax & Accounting’s commitment to integrating and streamlining corporate tax workflows across its suite of solutions.

tax accountant 59

tax accountant Tax Technology corporation tax 59

Going Concern

JULY 18, 2024

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. TAX CANDIDATES FTE Tax Manager | Candidate ID #22002360 Certifications: CPA Education: BS Accounting, MS Finance Experience (years): 8+ years tax experience Work ex

NetSuite 57

NetSuite Account accountant accounted 57

Summit CPA

JULY 18, 2024

Paying your employees, keeping the lights on, and staying within your line of credit : If you want to stay in business, you need to stay on top of cash flow. It doesn’t matter how many contracts you have signed or customers you have rushing through your doors, if you don’t have enough money to cover your expenses today. It also doesn’t matter if you have a huge amount of money in your bank account, if you’re about to get hit by a shortfall next month.

Account 52

Account accountant accounted CPA 52

CPA Practice

JULY 18, 2024

Top 40 accounting firm RubinBrown has combined with The Rybar Group, a national healthcare consulting firm based in the Detroit area, effective July 1. Richard Reid, president and CEO of The Rybar Group, is now a partner at RubinBrown, and nearly 20 Rybar team members have joined the St. Louis-based accounting firm, operating primarily in the Detroit area, but serving clients across the country.

Healthcare 52

Healthcare Hospitality cpas Education 52

Speaker: Duke Heninger

With the rise of fractional finance roles, many CFOs, FP&A professionals, controllers, and accountants are stepping into independent consulting. The expansion of fractional services presents new opportunities for finance professionals, but many face challenges in navigating this transition, finding it daunting. Whether you’re new to fractional work or refining your approach, this webinar will equip you with a repeatable system for success.

accounting and finance

LSLCPAs

JULY 18, 2024

In the fast-paced world of business, having a strategic plan is like having a compass in a vast ocean—it guides your actions and decisions, steering your company toward its goals. Yet, astonishingly, there are still businesses out there operating without a clear strategic plan in place. If you find yourself among them, fear not! Today, The post Still Don’t Have a Strategic Plan?

cpas 52

cpas 52

CPA Practice

JULY 18, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, take a look at BQE Core , an all-in-one accounting and invoicing software that let’s you manage everything from one platform. 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.

Technology 52

Technology Account accountant accounted 52

Cherry Bekaert

JULY 18, 2024

NFP leadership practices are experiencing a transformative shift, focusing on diversity, collaboration, empathy, data-driven decision-making, and sustainability. These emerging trends underscore that diverse perspectives and experiences lead to better decision-making and outcomes and underscore a commitment to driving positive social change and community impact in the nonprofit sector.

Non-Profits 52

Non-Profits 52

CPA Practice

JULY 18, 2024

Top 100 accounting firm HoganTaylor has expanded its talent services business by joining forces with Tulsa, OK-based Talent Acquisition Group (TAG). As of July 16, TAG and HoganTaylor’s existing talent practice will do business as HoganTaylor Talent. Tulsa-based HoganTaylor has offered clients a wide array of talent development and talent management services for nearly a decade, including HR outsourcing and compliance, strategic planning facilitation, team-based training, executive coaching, and

accounting firms 52

accounting firms Account accountant accounted 52

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

Finance

Insightful Accountant

JULY 18, 2024

Are you ready to revolutionize your tax practice? Don't miss our upcoming webinar, "Building a Tech-Driven Tax Practice” the first in an exciting series designed to help small and medium-sized tax firms thrive in the digital age.

Technology 52

Technology Tax 52

Anders CPA

JULY 18, 2024

Innovation in the workplace doesn’t happen spontaneously; it needs to be encouraged and cultivated for change to truly take place. Before your company can make transformative use of emerging technologies such as AI, you must carefully examine your organization’s culture and leadership’s reaction to failure to make the jump to the next level not just feasible but inevitable.

Technology 52

Technology CPA 52

FraudFiles

JULY 18, 2024

Bank statements can be a very valuable tool in child support and divorce cases, particularly when one party has not been forthcoming about income and expenses. We can look at deposits to draw conclusions about income, and the level of expenditures may also give us clues about the level of income. Tracy talks about some [.

52

52

Cherry Bekaert

JULY 18, 2024

The South Carolina General Assembly recently extended the sunset date of the South Carolina Abandoned Buildings Revitalization (ABR) credit to December 31, 2035 ( Act No. 169, effective May 20, 2024 ). It was previously set to expire at the end of 2025. Additionally, it increased the maximum credit per qualified site from $500,000 to $700,000. Take Action Now Qualified projects currently under construction may take advantage of the new maximum ABR credit of $700,000 if special action is taken by

South Carolina 52

South Carolina Construction 52

Advertiser: Paycor

Year-end can be a hectic time for HR professionals, but with proper planning and organization, you can navigate it smoothly. Learn the main watch outs for year-end HR prep with Paycor’s helpful checklist covering employee data, wage and tax information, and special situations. Ensure compliance and efficiency by downloading today!

Tax