CPA Practice

JULY 3, 2024

By Brad Barkin Small accounting and financial services firms are facing escalating operation threats and vulnerabilities. Cybercrime is on the rise, with PwC reporting a 30% higher risk of cybersecurity attacks for financial firms. Additionally, accounting, tax preparation, and bookkeeping firms are navigating a growing staffing shortage. Technology can address both of these problems, from improved cybersecurity platforms to artificial intelligence-based tools to take over the routine processes

Technology 115

Technology accounting firms Account accountant 115

ThomsonReuters

JULY 3, 2024

In a landmark decision, the Supreme Court overturned the longstanding Chevron doctrine, significantly altering the landscape of federal agency authority. The ruling, known as the Loper decision , marks a seismic shift in how federal agencies interpret and enforce statutes. Checkpoint Payroll Update recently spoke with Alexander T. MacDonald, Shareholder and member of the Workplace Policy Institute at Littler, to understand how the Loper decision may affect federal labor and employment law.

Legal 86

Legal payroll Tax Account 86

Accounting Today

JULY 3, 2024

Louie Vazquez says he has all the characteristics of a bad employee and a good business owner.

Account 110

Account accountant accounted 110

CPA Practice

JULY 3, 2024

By Scott Phillips, RIA, LUTCF, Kiplinger Consumer News Service (TNS) If you’re like many people getting ready to retire, you’re concerned about the prospect of running out of money before you die. That puts you in good company, because a recent survey found that 63% of Americans are more afraid of running out of money than they are of death. Unfortunately, this concern may be preventing you from focusing on an equally important issue, which is overpaying taxes.

Non-Profits 85

Non-Profits Tax Management Consulting accounting and finance 85

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

SkagitCountyTaxServices

JULY 3, 2024

The barcode is so commonplace you kind of forget that it was the cutting edge of retail technology once upon a time. Now, you probably only think about it when you scan it at the register (BEEP). But this year is, in fact, its 50th anniversary. But, as commonplace as the barcode is, it’s facing an upgrade, aka the QR code — the more sophisticated, more informative, and more interactive improvement on the everyday barcode.

payroll 77

payroll Legal CPA Retail 77

CPA Practice

JULY 3, 2024

As your clients’ businesses expand their operations across state lines, it is crucial for your firm to help them understand and manage tax nexus. They may require advice on the most economically advantageous locations for new offices, stores, or warehouses to optimize their overall tax burden. For CPAs and accountants, guiding clients through the intricacies of tax nexus also means monitoring and ensuring compliance and optimizing tax strategies.

cpas 85

cpas payroll tax Account accountant 85

GrowthForceBlog

JULY 3, 2024

7 min read July 3rd, 2024 Most commonly associated with weather, forecasting is also an essential business tool; it can be used to predict whether your business will experience a dry spell or a windfall and help you develop an effective strategy and boost the bottom line of your business. Key Takeaways How Forecasting Can Boost Your Bottom Line: So, forecasting is just one of several bottom-line-improvement strategies.

Account 66

Account accountant accounted 66

Accounting Today

JULY 3, 2024

The Internal Revenue Service issued a warning cautioning taxpayers to beware of a new scam involving the purchase of clean energy tax credits.

Tax 89

Tax 89

KROST

JULY 3, 2024

Following up on our article from last Thursday, there has been a major update for restaurants in the wake of California Senate Bill 478. The Bill, which went into effect on Monday, was set to outlaw surcharges or “hidden junk fees” from businesses, including food and beverage vendors in the state of California. However, last-minute Read the full article.

California 59

California Non-Profits Hospitality 59

Accounting Today

JULY 3, 2024

The job market continued to grow last month, but wage growth slowed, ADP reported.

payroll 103

payroll Account accountant accounted 103

Speaker: Gary Dmitriev

Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals. We’ll also address the critical issue of innovation fatigue, offering tips on maintaining enthusiasm and momentum for new initiatives.

Technology

Withum

JULY 3, 2024

Car dealers nationwide continue to feel the impact of last week’s CDK Global cyberattack. Many U.S. dealerships’ operations were halted, and this ransomware attack’s impact is still ongoing. Slowly, dealerships are coming “back online.” CDK Global has stated that systems restoration will continue through the end of the month.

Account 59

Account accountant accounted accounting and finance 59

Accounting Today

JULY 3, 2024

Where does sales tax drive the most local revenue?

Sales 119

Sales Tax 119

CPA Practice

JULY 3, 2024

If you’re thinking about offering payroll services or switching from your current payroll software, this guide can help you decide if it’s time for a change. It will also highlight the essential features your new payroll solution should have. Effective payroll software ensures accuracy, compliance, and operational efficiency, providing a competitive edge.

payroll 52

payroll Rhode Island West Virginia South Dakota 52

Insightful Accountant

JULY 3, 2024

From Murph and all of us at Insightful Accountant, have a happy and safe holiday, and proudly remember the liberty and independence this holiday celebrates by flying the American Flag.

Account 52

Account accountant accounted 52

Speaker: Aaron Jacob, VP of Accounting Solutions & Reagan Cook, GTM Lead

Are you struggling to navigate the complexities and challenges that come with crypto accounting? 🤔 This new webinar will cover everything businesses need to know to get started with crypto accounting after incorporating crypto into their business models! Industry experts Aaron Jacob and Reagan Cook of TaxBit will thoroughly explore the prevalent operational hurdles encountered by accounting teams when interacting with crypto on the books, and detail how software solutions can effectively

Account

Ryan Lazanis

JULY 3, 2024

If your goal is to systematize your firm, improving processes shouldn't be your top priority. Find out why in this episode. The post Process Improvement is Not a Top Priority appeared first on Future Firm.

Account 52

Account accountant accounted 52

Withum

JULY 3, 2024

Since June 19 th , car dealerships have been negatively impacted by the CDK Global cyberattack. Many U.S. dealerships’ operations shifted to manual processes after their Dealer Management System (DMS) was taken offline by a ransomware incident linked to Blacksuit. As dealer operations are now slowly coming back online (as many have reported over the weekend), here are some things to work through as you recover.

Legal 52

Legal Account accountant accounted 52

Shay CPA

JULY 3, 2024

There’s absolutely no reason to manually manage your accounting. Today’s accounting software can do a lot of the heavy lifting for you, from compiling all of your transactions into a single place to creating key financial reports. In fact, the focus shouldn’t be on whether or not to leverage accounting software. (You should.) Instead, the priority should be finding the right software solution for your specific tech company.

accounting software 52

accounting software quickbooks Account accountant 52

Canopy Accounting

JULY 3, 2024

Profile Alpine Mar CPA and Advisors , founded by Pablo Martell , is a full-service CPA firm based in South Florida. The firm provides comprehensive tax services, accounting and bookkeeping, fractional CFO services, and transaction advisory services. They cater to a diverse clientele, including small business owners, high-net-worth individuals, and corporations.

CPA 52

CPA Florida cpa firm bookkeeping 52

Advertiser: Paycor

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

Accounting Insight

JULY 3, 2024

Christine is a multi-award-winning Business Mentor, speaker and author. She has authored 4 business books and is a regular keynote speaker on Succession and Exit Planning. As a businesswoman who has built multi-million turnover businesses over the last 30 years, she has worked with many business owners in all sectors including taking one from bankruptcy to 8-figure exit in 18 months.

Account 52

Account accountant accounted 52

Accounting Today

JULY 3, 2024

Plus, unbundling Office and Teams, Apple and on-device AI, and more.

Technology 66

Technology 66

Accounting Insight

JULY 3, 2024

On 17 September, thousands of attendees are expected to return to Manchester Central for the sixth edition of Accountex Summit Manchester. “Last year’s show was a huge success, we welcomed a 35% increase in attendees!” said Accountex Portfolio Director, Caroline Hobden. “This year we’re excited to deliver an even better show with new exhibitors, speakers and features.

quickbooks 52

quickbooks Education Account accountant 52

CPA Practice

JULY 3, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, discuss the invitation-only Accounting Thought Leader Think Tank Symposium, which gathered dozens of the most influential accounting technologists, practitioners, advisors, and policy makers in the profession. The event was held just prior to the 2024 AICPA Engage Conference. A podcast link is below if you just want to listen.

Technology 40

Technology Account accountant accounted 40

Advertisement

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.