Accounting Today

OCTOBER 27, 2023

Plus, Gusto and FreshBooks jointly release FreshBooks Payroll; and other accounting technology news.

Technology 133

Technology payroll accountant accounted 133

CPA Practice

OCTOBER 27, 2023

By Allison Arieff, MIT Technology Review (TNS) His official title is vice president of regulated reporting solutions. But really, Billy Scherba, CPA, is a carbon accountant. At Persefoni, a platform for climate management, Scherba works with companies to measure, manage, and disclose their contributions to climate change. Billy Scherba Carbon accountants help companies understand what data matters to their carbon footprint, how to collect that data in a consistent manner, and how to use it to ca

Account 124

Account accountant accounted Transportation 124

Accounting Today

OCTOBER 27, 2023

The 2023 Accounting MOVE Project report focuses on how women can navigate the shifting workplace in the accounting profession.

Account 122

Account accountant accounted 122

Going Concern

OCTOBER 27, 2023

Although EY had “one of the most successful years in the history of the organization with record global revenues and continued significant growth” according to their own revenue announcement in September , the firm also had a $500 million hole bored into its collective pockets by Project Everest (maybe less depending on who does the accounting and what level of wizard they are ).

audit 111

audit Tax Government Technology 111

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

OCTOBER 27, 2023

Small businesses are experiencing the weakest sales since 2020, according to a new report from Xero, despite signs of an improving economy.

Sales 119

Sales Account accountant accounted 119

Anders CPA

OCTOBER 27, 2023

After announcing an immediate moratorium on processing new Employee Retention Tax Credit (ERTC) claims , the IRS has issued new guidelines on a special withdrawal process. If an employer filed an ERTC claim, the withdrawal process potentially allows them to withdraw their claim and avoid costly repayments compounded by interest and additional penalties.

Tax 105

Tax CPA 105

CPA Practice

OCTOBER 27, 2023

The Internal Revenue Service is reminding employers that the best way to file their next quarterly payroll tax return by the Oct. 31, 2023, due date is electronically. While paper filing is available, the IRS strongly encourages e-filing. E-filing is the most secure, accurate method to file returns, and saves time. E-filing is easy with auto-populating forms and schedules and a step-by-step process that performs calculations for the user.

payroll tax 105

payroll tax payroll South Carolina Tax 105

Accounting Today

OCTOBER 27, 2023

The Internal Revenue Service is providing a way for businesses to withdraw incorrect claims for the Employee Retention Credit, but what about the claims that have been paid out already?

Tax 101

Tax 101

AccountingDepartment

OCTOBER 27, 2023

Join your host, Kevin Drye, and Director of Marketing, Andrea Boccard, as they take a deep dive into the art of appreciating your workforce.

93

93

Randal DeHart

OCTOBER 27, 2023

Starting a new construction business is exciting but has its fair share of responsibilities. One of the most critical responsibilities is maintaining accurate records of your business transactions. From saving receipts to processing employee payroll, every money-related detail should be documented. It's not just about keeping things tidy; it's about understanding the financial health of your business and meeting all your tax obligations.

Construction 89

Construction Start-ups bookkeeping payroll 89

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Technology

Accounting Today

OCTOBER 27, 2023

Partners at the Ernst & Young in the U.K. saw their share of profits drop for the first time in three years as the Big Four face economic uncertainty.

Account 81

Account accountant accounted 81

Menzies

OCTOBER 27, 2023

Menzies LLP - A leading chartered accountancy firm. Stamp Duty Land Tax (SDLT) can be a significant expense for property investors and developers in England and Northern Ireland. However, by understanding and correctly applying the relevant tax reliefs, it is possible to significantly reduce the amount of SDLT that needs to be paid. In this article we outline the top 5 SDLT reliefs that you need to be familiar with.

Tax 64

Tax chartered accountant Construction Maine 64

Accounting Today

OCTOBER 27, 2023

The business model of a CPA firm has shifted, and many firms are still not acknowledging that.

CPA 80

CPA cpa firm 80

Menzies

OCTOBER 27, 2023

Menzies LLP - A leading chartered accountancy firm. If you earn Esports income from activities such as streaming, sponsorship, or tournament winnings, did you know you may need to declare this to HMRC and you may have tax to pay? There are more and more opportunities to make money from Esports, whether as an individual or a team, and in some cases the cash at stake can be substantial.

Sports 59

Sports Tax tax return chartered accountant 59

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

Accounting Today

OCTOBER 27, 2023

An investigation found significant flaws in accounting behind carbon credits from Zimbabwe-based Kariba.

Account 78

Account accountant accounted 78

CPA Practice

OCTOBER 27, 2023

By Irina Anghel, Bloomberg News (TNS) Ernst & Young LLP partners in the U.K. saw their share of profits drop for the first time in three years as the Big Four audit firms face economic uncertainty. Partners at the accounting firm’s U.K. arm pocketed an average of £761,000 ($923,000) last year, compared with £803,000 the year before. The firm also cut its pay rise and bonus pool by about 30% to £155 million.

accounting firms 59

accounting firms audit Account accountant 59

Accounting Today

OCTOBER 27, 2023

REDW relocates Albuquerque office; Eide Bailly names nonprofit Project Chimps winner of its annual Resourcefullness Award; and more news from across the profession.

cpas 78

cpas 78

Withum

OCTOBER 27, 2023

CPAs perform a wide range of services including personal financial planning. This is a critical service for clients and I feel the CPA is best able to perform these services. I have been doing this since I started my own practice, having considerable experience from my initial jobs with CPAs. Why Choose Your CPA for Personal Financial Planning: Key Reasons CPAs performing these services are usually very experienced in this with some CPAs earning the Personal Financial Specialist (PFS) designatio

cpas 59

cpas CPA tax return tax preparation 59

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

OCTOBER 27, 2023

Your competitors of the future are probably not who you think they are.

cpas 60

cpas 60

ThomsonReuters

OCTOBER 27, 2023

Doing good things for the right people for the right reasons can be very rewarding. But, many accounting firms offering pro bono services fail to take a strategic and organized approach, opening themselves up to a host of potential challenges. One reason firms fail to plan is that it’s difficult to decide how much to give away and to whom. Another challenge is that some clients don’t appreciate the value you’re giving them when you do offer pro bono services.

Account 59

Account accountant accounted accounting firms 59

Menzies

OCTOBER 27, 2023

Menzies LLP - A leading chartered accountancy firm. The UK hospitality and leisure sector has faced a number of challenging circumstances over recent years, which have distracted operators away from tackling the sustainability issue. With the UK Hospitality Sustainability Conference last week, there is renewed focus on this important issue. This article highlights the importance of setting clear sustainability KPI’s that align with goals, which once agreed need to be communicated to all stakehol

Hospitality 59

Hospitality chartered accountant financial statements Start-ups 59

Patriot Software

OCTOBER 27, 2023

Canton, Ohio Patriot Software, a leading online accounting software provider, and Stripe, a financial infrastructure platform for businesses, have joined in a partnership to offer a new era of enhanced and frictionless payment experiences for customers.

Ohio 59

Ohio accounting software online accounting accountant 59

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

OCTOBER 27, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, have a chat about firm technologies, and which upgrades they see as beneficial to firms, allowing them to accomplish more even if facing talent shortages. Use the podcast player below to listen. Transcript (Note: There may be typos due to automated transcription errors. Also, due to the intro to the podcast, add apx. 10 seconds to the time stamps below.

Technology 59

Technology Start-ups accounting firms quickbooks 59

Accounting Insight

OCTOBER 27, 2023

Intrastat is an obligation created in 1993 that applies to certain businesses that trade internationally in the European Union. Specifically, it relates to the movement of goods – arrivals and dispatches – across EU Member States. The requirements of Intrastat remain similar across the EU, though certain Member States have implemented rules differently.

E-commerce 59

E-commerce Transportation Sales Tax 59

Accounting Seed

OCTOBER 27, 2023

With Accounting Seed on Salesforce, Gordon James Realty is making their mark in the property management business Whether you’re looking to buy your first home or you’re an experienced investor, Gordon James Realty has your back. Serving the Washington D.C., Virgina, and Maryland areas, Gordon James Realty was established in 2012 as a full-service property management company helping others maximize their investment in owning property.

Technology 59

Technology Account accountant accounted 59

Insightful Accountant

OCTOBER 27, 2023

MyCorporation has been a reliable resource for accountants looking to complete business filings for their clients for more than 25 years.

Account 52

Account accountant accounted 52

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

Withum

OCTOBER 27, 2023

Princeton, NJ—Withum, a Top 25 advisory and accounting firm, released its 2023 Law Firm Leadership Annual Trend Report with data from this year’s Law Firm Leadership Survey. Firm Managing Partners, Chief Executive Officers and others in leadership roles were surveyed on their perspectives on AI, cybersecurity, succession planning and more in a market that has cooled in recent years.

accounting firms 52

accounting firms Account accountant accounted 52

CPA Practice

OCTOBER 27, 2023

Online accounting software provider Patriot Software has partnered with online payments system Stripe to offer frictionless payment experiences for customers. Under this partnership, Patriot Software accounting customers can now effortlessly accept credit card payments on customer invoices, significantly enhancing the efficiency and convenience of their financial operations.

accounting software 52

accounting software online accounting Account accountant 52

Cherry Bekaert

OCTOBER 27, 2023

Contributors: Brandon Goodwyn, Senior Associate, Accounting Advisory Global businesses operating in multiple countries or investing in foreign currencies must have a thorough understanding of foreign exchange principles to manage risks (exposure). To operate at peak performance, management should understand the types of exposure present, available foreign exchange instruments, hedge accounting practices and accounting for foreign exchange transactions.

Account 52

Account accountant accounted accounting and finance 52

Menzies

OCTOBER 27, 2023

Menzies LLP - A leading chartered accountancy firm. Capital gains tax (CGT) has traditionally been a tax that most people could ignore. If you happened to be caught within its grasp, you could consider yourself in a relatively wealthy minority. However, as has happened with higher rate tax, the reach of CGT has been growing and will extend further over the next few years.

Tax 45

Tax income tax chartered accountant accounting firms 45

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