Fri.Mar 29, 2024

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Make the most of tax season with accounting staffing firms

Accounting Today

Navigating the intricacies of tax filing can be a daunting task for employers, especially if they lack employees with the necessary expertise.

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Navigating Business Tax Services in Whittier, California

MyIRSRelief

In the bustling city of Whittier, California, businesses face a myriad of tax-related challenges that can significantly impact their operations and financial health. From business tax preparation to dealing with unpaid back taxes and navigating complex audits, the tax landscape can be daunting. This article aims to provide a detailed overview of various business tax services, focusing on the needs of businesses in Whittier, California, and how they can effectively manage their tax obligations.

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Simplified Strategic Planning for Government Contractors

Acterys

Strategic planning is essential to any government contractor’s success, but that doesn’t mean it has to be complex. Simplified strategic planning focuses on setting clear objectives, understanding your government customer’s needs, and aligning business capabilities accordingly. Instead of endless spreadsheets and getting lost in unimportant details, simplified strategic planning combines collaboration, the latest technology, and an outcome-focused planning process.

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Cohen & Co. tops 2023 SEC client rankings

Accounting Today

Overall new client additions – and departures – continue to rise, thanks to M&A.

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Forecasting Failures Are Costly: Here's How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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How To Not Undercharge Your Construction Clients

Randal DeHart

Contractors like you know how to pound nails, pour concrete, build homes and commercial structures, bend pipe and pull wire, install roofs, lay carpet, paint walls, and perform a thousand other tasks. So why are you not enjoying the same standard of living as other professionals? Because you are doing all of those things for anybody and everybody who asks you to.

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Tech news: FloQast automates with AI

Accounting Today

Plus, Settle offers three-way matching for purchase orders; Modern Treasury introduces Professional Services offering; and other accounting tech news.

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Now is the time to invest in women — and mothers — in accounting

Accounting Today

One of the major challenges in our field is retaining women after they take on another demanding role: becoming a mother.

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Strengthening Fintech Trust: The Comprehensive Benefits of a SOC 2 Report

Withum

In the dynamic environment of financial technology (Fintech), where the exchange of sensitive financial data is a daily occurrence, building and maintaining trust is paramount. As Fintech companies strive to establish themselves as reliable and secure entities, acquiring a System and Organization Controls (SOC) 2 report is pivotal. Developed by the American Institute of CPAs (AICPA), the SOC 2 framework sets rigorous standards for managing and securing data.

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AI successfully completes busy season, 2 weeks early

Accounting Today

WTF CPAs has used artificial intelligence to get a jump on busy season, just in time for April 1.

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IRS Again Extends Income Tax Deadline For Hawaii Wildfire Victims

CPA Practice

By Christine Donnelly, The Honolulu Star-Advertiser (TNS) The IRS announced Wednesday that it has further postponed until Aug. 7, 2024, various tax-filing and tax-payment deadlines for individuals and businesses affected by the Aug. 8, 2023, wildfires in Hawaii. The previous federal tax relief, announced shortly after the fires, mainly lasted through Feb. 15 , which did not cover federal income tax filings for tax year 2023.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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On the move: San Jose firm names first CEO

Accounting Today

EY names Americas financial services organization leader; EisnerAmper adds technology and life sciences leaders; and more news from across the profession.

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Internal Communications Strategy: Current Trends in Employee Engagement Tools

Withum

With the continuous evolution of technology and the shift towards hybrid and remote work, businesses face an array of challenges and opportunities. From leveraging cutting-edge employee engagement tools like Microsoft Viva to managing cultural diversity in a globalized workforce, the demand for seamless and inclusive communication has never been higher.

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How Not To Undercharge Your Construction Clients

Randal DeHart

Contractors like you know how to pound nails, pour concrete, build homes and commercial structures, bend pipe and pull wire, install roofs, lay carpet, paint walls, and perform a thousand other tasks. So why are you not enjoying the same standard of living as other professionals? Because you are doing all of those things for anybody and everybody who asks you to.

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Myths About Fraud

FraudFiles

I wrote an article on these five myths about fraud a really long time ago. And really, nothing has changed. I’ve updated some of the facts and figures, but the concepts remain the same so I’m publishing the article again. These are some of the most common myths I see, and these traps are the [.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Starting a New Business? Here Are 5 Crucial Areas You Can't Afford to Overlook

Inform Accounting

Diving into self-employment and starting your own business is by no means an easy feat. With that being said, however, it does come with many benefits! If, like many aspiring business owners, you are motivated by being your own boss but are being held back by the “where do I start?” fears, this mini-guide is for you.

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Are Clothing and Other Personal Attire Costs Tax Deductible?

Ronika Khanna CPA,CA

When answering the question as to whether an expense is deductible for tax purposes, it is important to consider the following guidance from CRA: No deduction shall be made in respect of an outlay or expense except to the extent that it was made or incurred by the taxpayer for the purpose of gaining or producing income from the business or property While this is quite clear for the majority of expenses – salaries paid to employees, office rent, manufacturing supplies etc. , there are a handful o

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Judge Skeptical of Hunter Biden’s Effort to Dismiss Tax Case as Politically Charged

CPA Practice

By Matt Hamilton and Brittny Mejia, Los Angeles Times (TNS) Lawyers for Hunter Biden asked a federal judge in Los Angeles to throw out nine tax-related charges , arguing that the president’s son is being vindictively prosecuted by the Justice Department and had his rights trampled by two IRS agents who publicly revealed his confidential tax records.