Going Concern

NOVEMBER 23, 2023

Happy Thanksgiving! To our non-American readers, we’re on a lazy schedule this week so our content standards are even lower than usual. To our American readers, traffic patterns over the years consistently show that many of you come to the site on Thanksgiving and Christmas (fun fact: Christmas week is also when the newsletter gets some of the highest open rates of the year, yikes) which we’ve extrapolated means that you’re so miserable with your families you’d rather rea

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audit CPA Start-ups Manufacturing 116

Insightful Accountant

NOVEMBER 23, 2023

As Intuit incorporates more of the QuickBooks Commerce inventory related functionality into various QuickBooks Online SKUs, they are adding some "Style" to QBO Advanced Inventory.

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quickbooks 111

ThomsonReuters

NOVEMBER 23, 2023

Global supply chains are getting more difficult to manage by the day, making it all the more important for businesses to use every advantage they can get. That’s why businesses would be wise to explore strategies that help them defer costs incurred from customs duties, taxes, and other expenses, and minimize encounters with bureaucratic regulations. “As global supply chains become increasingly more complex, companies must find ways to optimize costs while still maintaining efficiency

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Government Tax audit Retail 105

AccountingDepartment

NOVEMBER 23, 2023

This year we're especially thankful for our clients and our team - it is their collective energy, positivity, and dedication to success that has made this such a great year.

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Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Accounting Today

NOVEMBER 23, 2023

A recent study from the National Bureau of Economic Research says there is no longer a typical crypto investor, as there are few characteristics that differ greatly from the general population.

Technology 91

Technology 91

Menzies

NOVEMBER 23, 2023

Menzies LLP - A leading chartered accountancy firm. Chris Maloney, Business Advisory Partner and Head of the Hospitality & Leisure team at Menzies LLP At a time when hospitality sector business insolvencies are rising at a rate of 66% year on year, there were high expectations for today’s Autumn Statement. However, while there were some positive signs, the overall impression that was much more could have been announced to support our sector and that it failed to address some key concerns.

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Hospitality chartered accountant accounting firms Tax 59

Wellers Accounting

NOVEMBER 23, 2023

Tom Biggs summarises and analyses the Autumn Statement 2023 key announcements, and the implications for the finances of individuals and businesses.

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Finance income tax Tax accounted 59

Menzies

NOVEMBER 23, 2023

Menzies LLP - A leading chartered accountancy firm. Overview: Investment in changes to retail payments with own legislation to prevent fraud Simplification and digitalisation of ISAs Legislation of open banking Download our full Autumn Statement report 2023 How will the government commit to growing the retail payments sector? The government is also committed to growing the UK’s world-leading retail payments sector.

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chartered accountant Government Retail accounting firms 52

Inform Accounting

NOVEMBER 23, 2023

Designed with bookkeepers, accountants, and businesses in mind, Dext Commerce's accounting automation software is a game-changer, providing the necessary data, insights, and tools for companies to thrive in the digital sales arena.

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Sales accountant Account accounted 52

CTP

NOVEMBER 23, 2023

If you are working with business partnerships or entrepreneurs trying to decide on an entity type, be sure to introduce them to the tax benefits of establishing a partnership. As a pass-through entity, any income, losses, credits, and deductions from the partnership “pass through” to its partners who are taxed at personal income tax rates. This setup allows for the use of special tax allocations, which allow the partnership to distribute profits and losses to individual partners in the most adva

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tax planning Tax income tax Legal 52

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Menzies

NOVEMBER 23, 2023

Menzies LLP - A leading chartered accountancy firm. In this week’s autumn statement, the government has a chance to provide much-needed clarity around R&D relief. Find out what changes have been made to R&D Tax incentives, and how they could impact your business. Download our full Autumn Statement report 2023 Single Scheme R&D regime The single scheme R&D regime is bad news for tech clients, particularly loss making companies, as it means a further reduction in R&D tax relief

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chartered accountant Technology Government Tax 52

CTP

NOVEMBER 23, 2023

One of the hidden benefits of setting up your business as a partnership is the ability to use special tax allocations. Because a partnership is a pass-through entity, income, losses, credits, and deductions “pass through” to the business owners who are taxed at personal income tax rates. Special tax allocations allow the partnership to distribute these profits and losses to the partners in the most advantageous way, regardless of the percentage of the business each person owns.

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Inform Accounting

NOVEMBER 23, 2023

'Tis the season for spreading cheer, and what better way for employers to do so than by gifting their hardworking staff with tax-free delights? In this blog, we unwrap the intricacies of the 'trivial benefit' exemption, and the all important staff christmas party. From the cost considerations to the types of gifts that qualify, we'll delve into the details that make this a win-win for both employers and employees.

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Tax 52

Insightful Accountant

NOVEMBER 23, 2023

Intuit will merge some Mint functionality into Credit Karma and focus on improving it as a personal financial tool using Intuit Assist.

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Inform Accounting

NOVEMBER 23, 2023

Puzzling over whether that quick lunch or client dinner can be claimed on your tax return? If so, you´re not alone. This is something that a lot of business owners struggle with. Why? Because the rules around food and drink expenses are anything but straightforward.

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Entertainment tax return Tax 52

Wellers Accounting

NOVEMBER 23, 2023

Stuart Crook provides a tribute to our former managing partner, Brian Dore, who has sadly passed away.

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