Tue.Feb 11, 2025

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Payroll Taxes for Startups: What Do I Have to Pay?

BurklandAssociates

Avoid payroll pitfallslearn the essential taxes every startup must pay and how to stay compliant with IRS and state regulations. The post Payroll Taxes for Startups: What Do I Have to Pay? appeared first on Burkland.

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How to Use Acterys for Power BI Write-Back

Acterys

When it comes to managing and analyzing your data, staying agile and collaborative is essential. One key enabler for this agility is the ability to write back directly to your data models from within Power BI. Acterys takes this functionality to the next level by allowing users to seamlessly input, update, and manage data in real-time all while working directly in their Power BI dashboards.

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A bumpy start: Tax season kicks off amid uncertainty all around

Accounting Today

Hiring freezes at the IRS to a potential end to contingency fees have created a complicated start to the year for accountants and tax pros.

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Cannabis Industry Faces Debt Reckoning without Bankruptcy Help

CPA Practice

The biggest companies, those that operate in more than one state, have as much as $6 billion in debt maturing next year, according to Beau Whitney, chief economist at Whitney Economics, which specializes in the cannabis market.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

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.

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The long, tortured debut of the partnership audit regime

Accounting Today

The regime is 'novel, widespread, misunderstood and controversial,' according to one expert.

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55 Accounting Firms Get Nod for Having the Best Client Service in ClearlyRated List

CPA Practice

Accounting firms recognized as award winners achieved at least a 50%net promoter score,indicating that they provide their clients with exceptionally high levels of service, according to ClearlyRated.

More Trending

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Qvinci Outperforms QuickBooks Reporting

Insightful Accountant

"Qvinci Outperforms QuickBooks Reporting" especially when it comes to consolidation of multiple files from multiple accounting platforms, and condensing those sources in to clean set of financials with a standard Chart-of-accounts and nomenclature.

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Smith + Howard expands in the Carolinas

Accounting Today

The Regional Leader has acquired Smith Kesler, a firm with four offices across the Carolinas, fueled by private equity funding.

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PCAOB Punishes Audit Partner for Altering Workpapers, Thwarting Processes

CPA Practice

The audit regulator on Feb. 11 imposed a permanent bar and a $10,000 fine on audit partner and CPA Heber Maughan for improperly altering workpapers before providing them to PCAOB inspectors in two inspections and to enforcement staff during a related investigation.

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In the blogs: Just a sense

Accounting Today

Tariffs' effects; the right CMS; new blog on the block; and other highlights from our favorite tax bloggers.

Tax 52
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Building a Business Case for Finance Automation

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 automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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Dallas Blocked From Banning Short-Term Rentals for Second Time

CPA Practice

A state appeals court says Dallas cant enforce a ban limiting where short-term rentals listed on platforms like Airbnb can operate in the city.

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Baker Tilly plans to acquire CironeFriedberg

Accounting Today

The Top 10 Firm based in Chicago intends to acquire a firm based in Connecticut, marking its second acquisition this month, thanks to private equity funding.

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Baker Tilly to Acquire CironeFriedberg in Connecticut

CPA Practice

The top 10 accounting firm said Feb. 11 that the deal to buy CironeFriedberg strengthens its presence in the Northeast, creating "essential connections" between New York and Boston.

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PCAOB sanctions partner for altering workpapers

Accounting Today

The Public Company Accounting Oversight Board sanctioned audit partner Heber Maughan for altering workpapers in two inspections and an investigation.

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Fall In Love With the Month-End Close

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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Smith + Howard Adds Smith Kesler & Co. in South Carolina

CPA Practice

The Atlanta-based top 100 accounting firm has acquired Smith Kesler & Co., a construction accounting-focused practice with four offices across North Carolina and South Carolina, effective Jan. 31.

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Workday rolls out tool to manage AI agents

Accounting Today

Workday released the Workday Agent System of Record, meant to help organizations manage their entire fleet of AI agents, from both Workday and third parties, in one place.

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Experiences 2025 – AI Search

CPA Practice

For now, Agentic AI refers to artificial intelligence systems that operate autonomously and can perceive, reason, plan, and take action in pursuit of goals. These AI agents can interact dynamically with their environment, adapt to changes, and sometimes make decisions without direct human intervention.

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$1M in HSA is a rosy projection. But smaller savings still pay off

Accounting Today

The estimate for the amount required for 65-year-old spouses is one of many from a study full of figures that advisers can use to highlight the value of HSAs.

Tax 52
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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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SBF Advisors and Hoerber Tillman & Co. Combine in Florida

CPA Practice

The merger brings together two firms with expertise in forensic accounting, litigation support, and business advisory to enhance client services and expand capabilities.

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70% say they regret at least one software purchase over last year

Accounting Today

A recent poll found that 70% of financial services professionals, including accountants, say they regret at least one business software purchase made in the past year.

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What’s new in sales tax?

TaxConnex

Theres always something changing in the world of tax, especially sales tax. Heres a review of some of the recent changes and updates. Final destination. Effective this year, Illinois retailers are responsible for destination-based sourcing for sales tax purposes. The new law mandates that retailers who maintain a place of business in the state and who sell tangible personal property from a location (or locations) outside Illinois will be required to collect all state and local taxes at the locat

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Deloitte asks gov't consultants to remove pronouns from emails

Accounting Today

The Big Four's U.S. arm asked its employees working on government contracts to remove gender pronouns from their email signatures and dropped its diversity programs.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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Procedures To Be Followed Under Section 128A Where Department Appeal is Filed Against Interest and Penalty Order

VJM Global

Section 128A provides for waiver of interest and penalty where notice is issued under section 73 of CGST Act and corresponding tax payment is made on or before 31st March 2025. Amnesty under section 128A is available for FY 2017-18, 2018-19 and 2019-20. For waiver, the taxpayer must apply Form GST SLP-01 or GST SLP-02 depending on the order. The GST officials are facing issues where a department appeal is filed against the order issued under section 73 of the GST Act and are in dilemma whether t

Tax 52
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Understanding Non-Qualified Stock Options: Tax Implications and Strategies

Withum

Non-qualified stock options grant employees and certain non-employees, such as consultants and board members, the right to purchase company shares at a fixed price (known as the exercise price, grant price, or strike price) within a set timeframe. The strike price, determined by the companys 409A valuation or fair market value, remains fixed, allowing individuals to potentially profit if the share price increases over time.

Tax 52
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Union Budget 2025| Key Takeaways for GST and Customs

VJM Global

The Union Budget 2025 has introduced a few changes to the Goods and Services Tax (GST) Act and Customs Act, aiming to simplify compliance and address long-standing litigative issues faced by businesses and taxpayers. These changes reflect the government’s commitment to streamlining India’s indirect tax system while fostering economic growth.

Tax 52
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How ESG-embedded statutory reporting solutions can protect your business

ThomsonReuters

Blog home With over 150 years of trusted content knowledge and expertise in global trade, compliance, and regulatory requirements, Thomson Reuters understands that maintaining an impeccable corporate governance record in todays complex environment is extremely challenging, and mistakes can be very costly. The rapid increase in accessible data across disparate and unconnected systems makes keeping track of information and regulatory details even harder for under-resourced tax teams.

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

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Accountex London announces Charterpath as new charity partner 

Accounting Insight

Accountex London is returning to Excel London on the 14-15 May, 2025 for its fourteenth year. Over 11,000 attendees from around the world are expected to reunite, after the 2024 show was hailed the biggest show in Accountex history. Accountex London are excited to announce Charterpath as their official charity partner. Charterpaths mission is to inspire finance professionals to volunteer their time and skills with charities, schools and community groups. “We are thrilled to welcome Cha

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How to stand out when nothing you do is unique

Mark Lee

Years ago, I became quite attached to the idea of identifying Unique Perceived Benefits (UPBs). I preferred this approachlooking at services from the clients viewpointrather than pretending to have a Unique Selling Proposition (USP). Few USPs claimed by accountants are truly unique. And most do not even reference a positive Proposition to assist with Sales.

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What's ahead in CPA practice operation under Trump 2.0?

Accounting Today

What will the tax implications be for CPA clients and practice owners? Where are interest rates headed? What about inflation?

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Ford CEO: Inflation Reduction Act Tax Credit Repeals Could Risk Jobs

CPA Practice

Ford Motor Co.CEOJim Farleywarned that if the federal government under President Trump repeals provisions of the Biden administration's Inflation Reduction Act like the electric vehicle battery production tax credits, the company could have to look at layoffs.

Tax 52
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The Future Of Finance: How To Manage Spend The Right Way

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g