MyIRSRelief
MAY 1, 2024
Running a small business is an exhilarating rollercoaster. You’re passionate about your product or service, constantly innovating, and striving for growth. Yet, amidst the excitement lurks a dark alley – the realm of taxes. Navigating complex tax codes, understanding specific forms like 1120, 1120S, and 1065, and ensuring compliance can feel like deciphering ancient scrolls.
Accounting Today
MAY 1, 2024
The U.S. Treasury Department will unveil the final version of new rules limiting a popular tax credit for electric car buyers as soon as Friday as the Biden administration races to complete regulations ahead of the November election.
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CPA Practice
MAY 1, 2024
The Board of Trustees of the Financial Accounting Foundation ( FAF ) is seeking nominations for new members to join the Financial Accounting Standards Advisory Council ( FASAC ) for an initial one-year term beginning January 1, 2025. The FASAC is the primary advisory body to the Financial Accounting Standards Board ( FASB ). The FASAC consists of approximately 35 members who represent a broad cross section of the FASB’s constituency.
Accounting Today
MAY 1, 2024
After the recent transformative changes in artificial intelligence, tax and accounting has been frequently cited as one of the most immediate areas for disruption.
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.
CPA Practice
MAY 1, 2024
Alex Tanzi Bloomberg News ( via TNS) Unionized workers in the U.S. saw record raises, while nonunion workers’ pay barely beat inflation over the past 12 months, the latest government data show. Wages of private sector union workers rose 6.3% in the year ended in March, the largest increase in data back to 2001, according to Bureau of Labor Statistics employment cost figures released Tuesday.
inDinero Accounting
MAY 1, 2024
You’ve put effort into managing your small business, but are you truly aware of your company’s financial pulse? Consistent financial reporting can be the difference between merely surviving and thriving in the competitive business landscape. These reports offer a window into your business’s financial health, guiding you to make well-informed decisions that could shape your company’s future.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Insightful Accountant
MAY 1, 2024
In 2024, tax tech is evolving rapidly with AI, data analytics, and blockchain. Tax pros need to adapt to these innovations for effective use.
Accounting Today
MAY 1, 2024
Ernst & Young acquired Nuvalence; CliftonLarsonAllen bought Ronald Blue; Wipfli added Harbour Results; and Avantax acquires wealth management business from Integrated Tax & Wealth Strategies.
Insightful Accountant
MAY 1, 2024
Intuit will feature a series of activities to recognize small businesses and entrepreneurs' success as part of Small Business Success Month.
GrowthForceBlog
MAY 1, 2024
8 min read April 30th, 2024 As a business leader, your job is not only to make decisions on behalf of your company. Your job also entails leading the people in your company. Key Takeaways What Is the Adaptive Leadership Style: In adaptive leadership, problems or challenges are separated into two different categories, technical problems and adaptive problems.
Speaker: Yohan Lobo
In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.
Insightful Accountant
MAY 1, 2024
MassCPA's report highlights DE&I disparities in accounting. 80% of leaders are white, 60% male. Perception gap: 68% of leaders vs. 36% of employees feel empowered. 1 in 10 left due to lack of inclusion measures. Read more about it!
Accounting Today
MAY 1, 2024
The IRS is taking applications for funds for its Tax Counseling for the Elderly and VITA programs.
Going Concern
MAY 1, 2024
Warning: long. Hopefully this helps: BDO has sued yet another defector (see earlier: BDO Lawsuit Alleges a Defector Took the Team With Him When He Jumped Ship to Another Firm ) and this time the defector, one Caleb Crandell, is fighting back. The full counterclaim is embedded at the bottom, let’s start with the basics. Also, here’s a copy of the original complaint on Scribd and a Justia link for BDO USA P.C. v.
Accounting Today
MAY 1, 2024
The deadline for nominations is Aug. 1, and winners will be announced at the Accounting & Financial Women's Alliance's annual Women Who Count conference.
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Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.
Withum
MAY 1, 2024
Explore Other Episodes #CivicWarriors #WithumImpact The post Mental Health Awareness With The Wake Up Project appeared first on Withum.
Accounting Today
MAY 1, 2024
What accounting firms can learn from Chick-fil-A and Maya Angelou.
Going Concern
MAY 1, 2024
Longtime National Association of State Boards of Accountancy (NASBA) President and CEO — and author of amazing President’s memos — Ken Bishop announced at NASBA’s annual meeting in late fall of 2023 that he’d be retiring and thus July 31 of this year is his last day. In seeking someone qualified to replace him, NASBA was looking for “a visionary, one who possesses strong financial and business acumen, executive decision-making abilities, dynamic public speakin
Accounting Today
MAY 1, 2024
Roger Ver, an early crypto investor who was sometimes referred to as Bitcoin Jesus, has been charged with mail fraud, tax evasion and filing false returns.
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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
Withum
MAY 1, 2024
This is yet another year that I haven’t been invited to give a graduation address. Perhaps I should be grateful for this, but I still wish I had that opportunity. Anyway, I prepared the following presentation I would have provided had I been asked. My responsibility is to inspire you and send you off charged up and raring to go. You are graduating and going out into the world to make your mark.
Accounting Today
MAY 1, 2024
The Treasury Department released guidance on the tax credit available for producers of sustainable aviation fuel, a measure established as part of Biden's landmark climate law.
Accounting Insight
MAY 1, 2024
It’s safe to say that artificial intelligence (AI) and automation have penetrated every industry out there. And accounting software is no exception. Before delving into the potential impact of AI in accounting, it’s essential to understand the role AI plays in modern accounting practices. In modern accounting, AI is being used to automate several tasks, including data entry, invoice processing and financial statement analysis.
Accounting Today
MAY 1, 2024
Annual pay increased 5.0% year over year, ADP reported.
Speaker: Susan Richards
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
CPA Practice
MAY 1, 2024
The IRS is now accepting applications for the Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grant programs, the agency said. Grants for the two programs will be accepted beginning today through May 31. The programs allow eligible organizations to apply for annual funding to provide free federal tax return preparation assistance to elderly and low-income taxpayers for up to three years.
Accounting Insight
MAY 1, 2024
The responsibilities of a bookkeeper have been undergoing a significant transformation in recent years, marking an exciting evolution. While traditionally centred on transactional tasks, today’s bookkeepers are embracing a more strategic and advisory role with enthusiasm. The same core tasks remain, but understanding financial analysis, budgeting and forecasting has grown in importance, particularly with access to larger swathes of data.
Accounting Today
MAY 1, 2024
LogicGate released AI governance software to help entities govern and manage implementation of the technology in their organizations.
CTP
MAY 1, 2024
Taxpayers often make the mistake of focusing on the potential payout from an investment without considering how much of that will disappear to taxes. A classic example is real estate. Owning a business or investment property can result in significant profits, but when it comes time to sell that property, taxpayers may be unprepared for the massive capital gains tax attached.
Speaker: Danny Gassaway and Wayne Richards
Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging technology to drive productivity and cost savings. So, how do you make the case for automation within your organization?
Accounting Today
MAY 1, 2024
The AI-driven analytics solution is specifically for accounting firms.
Insightful Accountant
MAY 1, 2024
Intuit QuickBooks has issued their findings from a recent Small Business Success Month Survey. Accountants, Bookkeepers and ProAdvisors can be proud of how much emphasis SB owners place on their relationship with you.
Ryan Lazanis
MAY 1, 2024
Perfectionism is a common pitfall for accountants, but it stunts business growth. In this episode, I'll share practical tips to overcome it. The post Perfection Doesn’t Scale appeared first on Future Firm.
Anders CPA
MAY 1, 2024
In this not-to-be missed episode, Guillermo connects with George Jage, Cofounder and CEO of MJ Unpacked —one of the industry’s most well-known and best-attended conferences. George discusses complexities of the cannabis industry, including pricing, profitability, and branding. The conversation details the evolution of cannabis consumption, the emergence of fast-acting products, and the significance of social settings in product development.
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It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.
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