Cherry Bekaert

AUGUST 21, 2024

Since its establishment in 2015, a rapidly developing online platform (the Company) gained significant popularity due to its innovative approach and user-friendly interface. This growth led to a significant increase in revenue and a nine-figure taxable income, as well as a need for enhanced tax services. The Georgia-based Company partnered with Cherry Bekaert for annual financial statement audit and tax compliance services.

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B2C Tax Georgia tax services 52

Accounting Today

AUGUST 21, 2024

The Internal Revenue Service and its partners have identified half a dozen steps for safeguarding taxpayer information.

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Tax 135

CPA Practice

AUGUST 21, 2024

By Zach Mentz cleveland.com (TNS) The annual cost-of-living adjustment for Social Security benefits is expected to decrease in 2025, according to a new estimate. The Social Security cost-of-living adjustment (COLA) for 2025 is projected to be 2.57%, down from the 3.2% COLA implemented in 2024 , according to The Senior Citizens League. That figure also represents a decrease from 2.63% in July’s COLA estimate, but is equal to the 2.57% projected in TSCL’s June estimate.

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128

Accounting Today

AUGUST 21, 2024

Both presidential candidates have floated it, and there are benefits for both workers and employers — though not always how you'd expect.

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Tax 128

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

Withum

AUGUST 21, 2024

Beneficial ownership information (BOI) reporting began on January 1, 2024. We previously wrote about the essentials of BOI reporting , and this article provides an update on where it stands now and what affected individuals and businesses should do to ensure compliance. There are many court cases winding through the Federal court system and one District Court in March 2024 declared the BOI reporting statute unconstitutional, but only as to the plaintiffs in that particular lawsuit.

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income tax tax services Tax Sales 118

Accounting Today

AUGUST 21, 2024

A boomer and a Gen X from BSB CPAs give their take on the newest generation to join the workforce.

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cpas 122

Accounting Today

AUGUST 21, 2024

A thought experiment demonstrates the enormous — and sometimes hidden — impact of tech on accounting firms.

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Technology accounting firms Account accountant 116

CPA Practice

AUGUST 21, 2024

The tax law allows real investors to write off a portion of their losses from rental activities, or even the full amount, if they meet certain requirements. However, as shown in a new case, Foradis, TC Summ. Op. 2024-13, 7/11/24 , it’s difficult to convince the Tax Court you’ve put in the necessary time—especially if you have another full-time job. Background : Normally, investors in passive activities in which they don’t “materially participate,” like most real estate activities, can take deduc

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Real Estate Tax Construction 115

Canopy Accounting

AUGUST 21, 2024

In today's fast-paced accounting and tax environment, simplicity is more important than ever. There's so much to stay on top of: modern technology stacks, positive client experiences, security threats, a greater demand than supply of talent, and an ever-changing, more complex tax and compliance landscape. And I haven’t even mentioned the complexity and challenges presented by change management in a firm that’s already too busy.

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Tax accountant accounted Account 105

CPA Practice

AUGUST 21, 2024

By Jozsef Papp The Atlanta Journal-Constitution (TNS) A woman charged in an August 2022 Midtown shooting spree that resulted in the death of two men and the injuring of another is not competent to stand trial at this time, a judge has ruled. Fulton County Superior Court Judge Shukura Ingram issued an order that Raissa Kengne is not competent to stand trial and must be committed to the care of the Georgia Department of Behavioral Health and Developmental Disabilities.

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Georgia Hospitality public accounting accounting firms 98

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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

Accounting Today

AUGUST 21, 2024

Caseware and CPA Club announced a new collaboration that will combine each of their resources to facilitate the implementation and use of quality management solutions for firms.

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CPA audit 92

CPA Practice

AUGUST 21, 2024

By Dee DePass. The Minnesota Star Tribune (TNS) That fitness center, fireplace area and outdoor deck? And the free lunches? They are not enough anymore. Office buildings and their tenants in the Minneapolis-St. Paul area are finding that workers want even more if they have to commute and spend the day at the office — and that includes both events and more upscale amenities to inject a bit of luxury into the workday.

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Minnesota Real Estate Gambling Gaming 87

Accounting Today

AUGUST 21, 2024

The Treasury Inspector General for Tax Administration found that IRS Tax-Exempt Compliance Unit examiners spent 6.1 hours on average per case in 2023, up 281% from 2020.

Tax 75

Tax 75

Going Concern

AUGUST 21, 2024

So EisnerAmper announced they bought themselves a smallish firm in Los Angeles this week. Whoop-de-doo. But because they were the first large accounting firm to blow up the Hoover Dam of capital and invite private equity to the professional accounting services sector, that story got me thinking about how much has changed since EisnerAmper did their deal with TowerBrook Capital in late 2021.

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accounting firms public accounting accountant accounted 64

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

AUGUST 21, 2024

Eligible taxpayers can apply between Sept. 4 to Oct.

Tax 75

Tax 75

Canopy Accounting

AUGUST 21, 2024

In this episode of Canopy’s Practice Success Podcast , Katie Thomas, a CPA turned marketing expert, shares her unique journey from working at a Big Four accounting firm to establishing her own marketing agency. She discusses the specific challenges accountants face in marketing, such as the importance of trust, differentiation, and targeted branding.

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CPA accounting firms Account accountant 64

Basis 365

AUGUST 21, 2024

Yet again, we see another instance of fraud committed by an individual in a position of trust. Recently, the Florida Department of Law Enforcement (FDLE) arrested a Wauchula man for allegedly defrauding his employer, a school, of over $50,000. According to the complaint, ".Gray, as the sole bookkeeper for the school, was using a school credit card to make unauthorized purchases for personal gain" to the tune of $300,000 over 5 years underscores the critical importance of implementing strong inte

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accounts payable audit Approval Workflows bookkeeping 59

CPA Practice

AUGUST 21, 2024

CPAClub and Caseware , a provider of cloud and AI-enabled audit, financial reporting and data analytics solutions, have announced a collaboration that combines CPAClub’s award-winning CPAs-as-a-service model with Caseware’s advanced quality management technology, Caseware SQM. This partnership aims to provide accounting firms with both the top-tier human capital and best-in-class technology to navigate and implement new quality management standards issued by professional bodies in the United Sta

accounting firms 59

accounting firms audit auditor Account 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

Menzies

AUGUST 21, 2024

Menzies LLP - A leading chartered accountancy firm. The United Kingdom has long been a hub for manufacturing, with a rich history of industry and innovation. Despite the challenges posed by Brexit, recent conflicts worldwide and disruptions in key global shipping routes , the country remains an attractive destination for manufacturers looking to set up business.

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Manufacturing chartered accountant Transportation Government 59

Cherry Bekaert

AUGUST 21, 2024

Dreamforce Is Where Innovation Meets Inspiration As a leading digital advisor for middle-market companies, Cherry Bekaert is excited to be a sponsor at Dreamforce 2024 and delve into the most recent technology innovations. Dreamforce 2024, September 17-19 in San Francisco, is the annual gathering that brings together the global Salesforce Community for learning, networking, and philanthropy.

Technology 59

Technology accountant accounted Account 59

Accounting Today

AUGUST 21, 2024

Big tech companies are using quirks in carbon reporting rules to mask the vast and growing emissions from artificial intelligence.

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Account accounted accountant 53

VJM Global

AUGUST 21, 2024

Circular No. 195/07/2023-GST dated 17.07.2023 was earlier issued clarifying the issues related to the applicability of GST and reversal of ITC concerning material supplies under warranty and extended warranty, the applicability of GST on warranty service provided at the time of supply of goods, etc. CBIC received various representations to provide clarifications on certain other related issues.

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Manufacturing Tax Sales 52

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

Insightful Accountant

AUGUST 21, 2024

Sage recently announced significant global enhancements to its Sage Intacct platform, including AI-powered accounts payable processes that are now available worldwide.

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accounts payable Account accountant accounted 52

Ryan Lazanis

AUGUST 21, 2024

Niching is a powerful tool to cut through the noise. But should your firm do it? And if so, how? Listen to this episode to find out. The post Should Your Firm Niche? appeared first on Future Firm.

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accountant accounted Account 52

Insightful Accountant

AUGUST 21, 2024

Thanks to our readers, we can now share stories of their good and bad migrations from QuickBooks Desktop to QuickBooks Online.

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quickbooks 52

Accounting Seed

AUGUST 21, 2024

Invest in your company's future. Get your action plan to unlock growth and visibility with accounting automation today!

Account 52

Account accounted accountant 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

Insightful Accountant

AUGUST 21, 2024

As data thieves continue evolving their tactics, the Internal Revenue Service and the Security Summit partners today reminded tax professionals of six essential steps to protect their sensitive taxpayer information.

Tax 52

Tax 52

Menzies

AUGUST 21, 2024

Menzies LLP - A leading chartered accountancy firm. Further information has now been made available in respect of the abolition of the Furnished Holiday Lettings (FHL) tax regime that will take effect from April 2025. The measure will remove the tax advantages that landlords who offer short–term holiday lets have over those who provide standard residential properties.

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Tax income tax chartered accountant accounting and finance 52

Insightful Accountant

AUGUST 21, 2024

You can head to Insightful Accountant's Accounting Insiders Podcast to hear Murph's summary of Xero product enhancements.

Account 52

Account accounted accountant 52

Menzies

AUGUST 21, 2024

Menzies LLP - A leading chartered accountancy firm. HMRC is running regional campaigns to ensure that employers are meeting their National Minimum Wage (NMW) obligations. The current regions under scrutiny are Merseyside and the North East of England, but it is likely that HMRC will move onto other regions, particularly if they uncover problems. With significant increases in the NMW rate and complex rules relating to entitlement, the consequences of getting this wrong can be extremely expensive

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chartered accountant accounting firms accountant accounted 52

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