ThomsonReuters

MARCH 27, 2024

The IRS is having a big problem dealing with non-filers – individuals and businesses who fail to file their required tax returns. It’s an issue that’s been around for years, but one that hasn’t been a top priority for the IRS of late. As a result, there’s been a substantial increase in the amount of taxes that aren’t being paid. But now, the IRS is making a new effort to fix the problem, starting with high-income taxpayers.

Tax 97

Tax tax return audit Education 97

BurklandAssociates

MARCH 27, 2024

For venture-backed startups looking to optimize costs without compromising on financial expertise, hiring a fractional CFO can be a game-changer. The post Cost Benefits of a Fractional CFO vs. Full-Time CFO for Startups appeared first on Burkland.

Gaming 147

Gaming 147

Accounting Today

MARCH 27, 2024

Is the age of the bookkeeper coming to an end? Is the payroll specialist an endangered species? Are the days of the tax preparer who focuses on basic 1040s numbered?

tax preparation 130

tax preparation bookkeeping payroll Tax 130

CPA Practice

MARCH 27, 2024

By Dave Eisenstadter, masslive.com (TNS) With this year’s tax filing deadline approaching, IRS reporting continues to show millions fewer refunds this year compared with last year. Records obtained from the IRS show that this year’s tax season is on track to have the fewest refunds in at least 15 years. As of the week ending March 15, the most recent data available , the IRS had issued just over 49 million tax refunds, close to 9% lower than at that point in the tax season last year, when near

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Tax Massachusetts tax return Maine 119

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.

Finance

Accounting Today

MARCH 27, 2024

A negative outlook on work-life balance is one of the most important factors driving people away from the auditing profession.

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auditor audit 128

Going Concern

MARCH 27, 2024

Is no one concerned about the brain drain happening at the lowest levels as all the grunt work that used to train newbies gets sent overseas? Are we quickly headed toward a world where entire teams from manager on down are in another country? And does this mean clients will get a break on fees since the talent is so much cheaper? LOL to that last one.

accounting firms 119

accounting firms Account accountant accounted 119

CPA Practice

MARCH 27, 2024

By Lizzy McLellan Ravitch. The Philadelphia Inquirer (via TNS) Software engineer Julian Plotnick made a pitch to his company’s CEO last year: Let me work one less day per week, 32 hours total, without a cut in pay. The answer was yes, and after six months of Plotnick testing it out, the Philadelphia consulting firm Metropolitan Acoustics is working on transitioning its entire 12-person staff to a four-day work week.

Vermont 116

Vermont Start-ups Retail Technology 116

Accounting Today

MARCH 27, 2024

As difficult as taxes may be, they're also important for multistate businesses to get right.

Tax 122

Tax Sales 122

CPA Practice

MARCH 27, 2024

In the realm of financial reporting, data accuracy is crucial to regulatory compliance and complete visibility into business performance. However, many companies do not have full confidence in their data, with 37% of CFOs and 50% of senior finance and accounting professionals questioning its accuracy and reliability. Errors in financial data can lead to a number of legal consequences associated with non-compliance, including fines and other penalties.

accounting and finance 115

accounting and finance Spend Management Software Finance CPA 115

Withum

MARCH 27, 2024

In celebration of Women’s History Month, Withum’s Multiemployer Benefit Plans and Labor Unions Service Partner, Jessica Roster , had an insightful conversation with Madison Hull, the Director of Service and President at District Council 16 International Union of Painters & Allied Trades. Madison’s professional journey is nothing short of remarkable.

Nevada 111

Nevada Construction Start-ups Education 111

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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.

Technology

Cherry Bekaert

MARCH 27, 2024

A Delaware Statutory Trust (DST) is a real estate investment vehicle structured as a separate legal entity. DSTs are considered securities under federal law and hold fractional interest. They are treated like direct property ownership for tax purposes, which meet the requirements of like-kind property and qualify as replacement property for a Sec. 1031 exchange.

Delaware 110

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Accounting Today

MARCH 27, 2024

The first step is going to be conversation — lots of it.

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Insightful Accountant

MARCH 27, 2024

The Senate Finance Committee recently held a hearing to discuss Biden’s proposed budget and tax law changes and tax pros are now speculating what those proposals may mean for the rest of 2024.

Tax 105

Tax Finance 105

Nancy McClelland, LLC

MARCH 27, 2024

So very pleased to announce that Nancy been nominated once again for Insightful Accountant’s prestigious “Top 100 ProAdvisors Award”! It’s her fifth time being nominated, and after last year’s win , we’re hoping to make it a two-fer. One small challenge this year is that due to an administrative snafu, the name “Nancy McClelland” shows as the very last one on the list, rather than in alphabetical order.

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quickbooks Account accounted accountant 98

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.

payroll

Insightful Accountant

MARCH 27, 2024

Bookkeepers need cloud computing, AI, and automation to enhance service levels. These tools enable quicker and more efficient completion of tasks, ultimately improving overall performance. Read more about it here!

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bookkeeping 105

Cherry Bekaert

MARCH 27, 2024

A Delaware Statutory Trust (DST) is a real estate investment vehicle structured as a separate legal entity. DSTs are considered securities under federal law and hold fractional interest. They are treated like direct property ownership for tax purposes, which meet the requirements of like-kind property and qualify as replacement property for a Sec. 1031 exchange.

Delaware 98

Delaware Real Estate Legal accounting standards 98

Insightful Accountant

MARCH 27, 2024

In our attempt to bring you more International Coverage welcome an "International Pro's Perspective". Sholto Macpherson brings a fresh perspective on the Accounting Tech.

Tax 105

Tax Account accountant accounted 105

Wellers Accounting

MARCH 27, 2024

Chris Thompson reports on Christina Nawrocki handing over the reins to Simon Smith, our new Managing Partner at Wellers.

Technology 98

Technology 98

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.

Finance

Accounting Today

MARCH 27, 2024

An employee stock ownership plan may be the answer as the accounting profession faces a talent shortage.

Account 97

Account accountant accounted 97

CPA Practice

MARCH 27, 2024

The 2024 tax season is almost over and millions of Americans are finalizing their 2023 returns, which are due to the Internal Revenue Service by Monday, April 15, 2024. The IRS expects to have more than 128 million individual tax returns filed by that deadline. As taxpayers navigate the challenges of tax season, the American Institute of CPAs (AICPA) wants individual filers to be aware of what’s new for this filing season: Standard deduction increases : the standard deduction amount for 2023 has

Tax 96

Tax tax return cpas Start-ups 96

Accounting Today

MARCH 27, 2024

The jobs that will become a lot less common in accounting in the future are those that involve the inputting and manipulation of data for routine and repeatable tasks

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SkagitCountyTaxServices

MARCH 27, 2024

Double-checking is a motto we live by here at Padgett & Padgett, PLLC CPA. It’s just good sense when you’re dealing with complicated tax code and people’s returns. No one situation is quite the same with our clients. And you can be sure we’re giving your tax filing a couple of different checks before we send it off to the IRS for you. That matters this time of year as we hustle to get returns submitted (or extensions in some cases).

CPA 86

CPA Start-ups Maine Tax 86

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.

CPA

CPA Practice

MARCH 27, 2024

By Gopal Ratnam, CQ-Roll Call (TNS) The National Telecommunications and Information Administration on Wednesday issued a report calling for establishing a system of audits for artificial intelligence systems that would ensure transparency as well as hold tech companies accountable for potential risks and harms. The Artificial Intelligence Accountability Policy Report stemmed from more than 1,400 comments the agency, which is part of the Commerce Department, received last year from companies and

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Cherry Bekaert

MARCH 27, 2024

Is your technology company’s biggest asset – its intellectual property (IP) – automatically protected in other countries just because it is protected in the U.S.? It’s not! In this podcast episode, members of our International Tax Practice uncover this and other missteps that many companies make in the tax planning process when trying to expand globally.

Tax 81

Tax tax planning Technology 81

AccountingDepartment

MARCH 27, 2024

Balancing the books in any retail enterprise can be a nerve-wracking task. For small business owners and retail managers, ensuring that cash in the register matches the sales receipts is not just about maintaining financial accuracy – it's the linchpin of trust in your business and a crucial safeguard against fraud or operational errors. This comprehensive guide takes you through the intricate yet critical process of cash reconciliation, offering you a clear path to financial vigilance, operatio

Technology 76

Technology NetSuite Retail Sales 76

Accounting Today

MARCH 27, 2024

The Digital Business Networks Alliance, a Federal Reserve-sponsored group, announced the first successful transmission of an electronic invoice over the new U.S. network.

Technology 75

Technology 75

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

Spend Management

CPA Practice

MARCH 27, 2024

Avalara, Inc. , a provider of cloud-based tax compliance automation for businesses of all sizes, today released findings from a new survey of The survey findings reveal that A majority of businesses believe that use tax is challenging, with many indicating the cost of managing use tax obligations is high for their business. That’s according to a new survey from Avalara of accounts payable departments, accounting, finance, and tax professionals that focus on managing use tax obligations.

Technology 69

Technology Tax audit accounts payable 69

Going Concern

MARCH 27, 2024

The New Jersey accounting firm formerly known as WithumSmith+Brown got a nice little write-up in ROI-NJ for turning 50 on March 21, go read it if you want to find out what year Withum reached $100 million in revenue (2014). The article talks about the “no jerks allowed” philosophy founding partner Ivan Brown had in mind when he, Fred Withum, and Len Smith founded the firm in 1974 (“In the beginning, we didn’t have any grand ideas or long-range plans,” Brown said.

New Jersey 69

New Jersey public accounting Start-ups accounting firms 69

Canopy Accounting

MARCH 27, 2024

Randy Johnston, executive vice president of K2 Enterprises, sits down with Canopy to discuss his 30+ years in accounting and technology. In the episode Randy discusses the need for keeping up on accounting trends, why it's important for accounting firms to identify who they are and what they do, and why technology is crucial to running and efficient firm.

Technology 66

Technology Account accounted accountant 66

CPA Practice

MARCH 27, 2024

By Irving Mejia-Hilario, The Dallas Morning News (via TNS). It’s not just average, everyday citizens who are moving to Texas. More of the ultra rich and powerful are beginning to call Texas home. A total of 27 individuals including Dallas Mavericks minority owner Mark Cuban , Dallas philanthropists Margot Perot and family, Tesla Motors CEO Elon Musk , Dallas oilman Ray Hunt , and many more are part of a long list of the most affluent people who claim the Lone Star State as their stomping grounds

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Texas Colorado Sports Technology 64

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