Accounting Insight

AUGUST 5, 2024

In today’s world, embracing the right software tools for accountants is not just a matter of convenience; it’s a fundamental necessity. As the accounting landscape evolves, these tools become indispensable. While your first thought might jump to invoicing tools or actual accounting software, there is a whole world of possible tools that can help you streamline complex workflows, ensure your accountants remain agile in their roles, improve client communication, and more.

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accounting firms Technology Account accounted 59

RogerRossmeisl

AUGUST 5, 2024

Divorce entails difficult personal issues, and taxes are probably the farthest thing from your mind. However, several tax concerns may need to be addressed to ensure that taxes are kept to a minimum and that important tax-related decisions are properly made. Here are six issues to be aware of if you’re in the process of getting a divorce. 1. Personal residence sale In general, if a couple sells their home in connection with a divorce or legal separation, they should be able to avoid tax on up t

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Tax Legal CPA Sales 48

Accounting Today

AUGUST 5, 2024

Beverage giant Coca-Cola said that it will pay the very old debt, but it is still appealing.

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Tax corporation tax 135

RogerRossmeisl

AUGUST 5, 2024

Social media gets blamed for a lot these days — sometimes for good reason. Recently, the IRS issued a warning to individual and business taxpayers to beware of false claims about various federal tax breaks that appear on social media platforms. The common denominator of such claims is that they involve legitimate tax provisions for which most taxpayers don’t qualify.

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Tax CPA 197

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

Finance

Accounting Today

AUGUST 5, 2024

Environmental, social and governance work could be for accountants in the 21st century what tax and audits were in the 20th.

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audit Government Tax Account 126

RogerRossmeisl

AUGUST 5, 2024

While many facets of the economy have improved this year, the rising cost of living and other economic factors have caused many businesses to close their doors. If this is your situation, we can help you, including taking care of various tax responsibilities. To start with, a business must file a final federal income tax return and some other related forms for the year it closes its doors.

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Tax income tax tax return CPA 192

RogerRossmeisl

AUGUST 5, 2024

When a marital estate includes an interest in a closely held business, determining its value for purposes of dividing up assets for a divorce settlement can be challenging. Additionally, part or all of the business may be excluded from the marital estate, depending on state law, legal precedent and prenuptial agreements between the spouses. A business valuation professional can help the parties achieve a fair outcome. 2 components of value The value of a business can be broken down into two piec

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Legal CPA 178

Accounting Today

AUGUST 5, 2024

And that should be their firm, says David Wurtzbacher of Ascend.

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CPA Practice

AUGUST 5, 2024

Sage , a provider of accounting, financial, HR, retail and payroll technology for small and mid-sized businesses, has announced the launch of Inventory Planner Essentials, a new tool from Inventory Planner by Sage designed specifically to meet the needs of small merchants. Inventory Planner Essentials, initially available exclusively on the Shopify App Store, tackles a major pain point for small merchants: excess, unsold inventory.

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payroll Retail Sales Account 111

Going Concern

AUGUST 5, 2024

INSIDE Public Accounting has dropped its highly regarded Top 500 list as it does every year around this time and we now know who gets bragging rights as the biggest — Big D, obviously. Quick golf clap for them, everybody. Because it’s 2024 and the profession is currently being disrupted by private equity and spaghetti throwing , some of this data was in desperate need of an update before the virtual ink dried on insidepublicaccounting.com’s CMS (for example, last week’s n

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accounting firms public accounting Account accounted 110

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

Account

Insightful Accountant

AUGUST 5, 2024

Insightful Accountant has released the training schedule for its Be Insightful Premium Content and Training program for the rest of the year.

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accounted Account accountant 105

CPA Practice

AUGUST 5, 2024

By Steve Saah. CPA firm leaders that view their multigenerational workforce as a source of competitive advantage have the right outlook. Sure, it can be challenging to create a cohesive and productive work environment when you have four or even five different generations working in your organization. But harnessing the strengths of each group, from the Silent Generation to Generation Z, can create significant upside for your business — and help position your firm for future success.

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cpa firm CPA accounting and finance Virginia 99

Accounting Today

AUGUST 5, 2024

The Public Company Accounting Oversight Board announced its largest-ever cohort of students will receive $15,000 each, up from $10,000 in previous years.

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Account accounted accountant Education 99

KROST

AUGUST 5, 2024

When contemplating a merger or acquisition, buyers and sellers must decide whether to structure the deal as a stock or asset sale. Each structure carries distinct implications for both parties, influencing aspects such as tax liability, legal considerations, and overall transaction complexity. Understanding these differences is crucial for making an informed decision.

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Sales Legal Tax 80

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Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

accounting and finance

Accounting Today

AUGUST 5, 2024

Here are some ways to build your wealth outside your practice.

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Going Concern

AUGUST 5, 2024

Is that Sister Minnie in the stock photo? She and I share the same iblis. Good morning! I trust everyone had a good weekend. Thomson Reuters covers value pricing versus traditional fee. Important quote: “To me, the idea of value pricing is that someone is buying a relationship, not a transaction.” — Paul Miller, President of Business by Design, Edina, MN Anyone looking to bring their accounting practice into the 21st century should give that a look.

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Accounting Today

AUGUST 5, 2024

Top 75 Firm Blue will offer cybersecurity and IT services through a partnership with Pioneer Technology.

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accounting firms Account accountant accounted 75

Insightful Accountant

AUGUST 5, 2024

Murph wants to confirm how you should handle certificate uploads if the date on your ProAdvisor certificates doesn't reflect the most current actual re-certification date.

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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

Technology

Accounting Today

AUGUST 5, 2024

The Nasdaq 100 Index posted its biggest intraday drop in nearly two years as investors braced for days of volatility amid rising concerns over a slowing U.S. economy and overheated gains in the technology sector.

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Account accountant accounted 75

LSLCPAs

AUGUST 5, 2024

Imagine a scenario where a person passes away suddenly, leaving behind a complex web of assets, debts, and personal belongings. Without someone designated to manage these affairs, chaos can ensue: legal battles may arise, assets may go unclaimed, and the deceased’s final wishes might never be honored. This highlights the critical importance of having someone.

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cpas Legal Tax 52

Accounting Today

AUGUST 5, 2024

A study says that the most efficient way to use generative AI is a combination of robotic process automation and application programming interfaces, but it is also the most difficult to implement.

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Technology 61

Anders CPA

AUGUST 5, 2024

Audit partner Lesley Sanchez, CPA, was named a St. Louis Small Business Monthly (SBM) Top Accountant for 2024. Each month, SBM polls readers to help identify the best in the area in a particular industry. The August issue focuses on the Top Small Business Accountants and features 8 local accountants who were voted the best in St. Louis. In her feature in the most recent edition of St.

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Missouri Illinois Account accounted 52

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

Account

Accounting Today

AUGUST 5, 2024

The planning strategies for large individual equity holdings pose tax, investment and behavioral questions for financial advisors and their customers.

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Tax 60

CPA Practice

AUGUST 5, 2024

Blue & Co., LLC, a top-60 accounting and advisory firm based in Carmel, IN, and Pioneer Technology, an IT solutions expert based in Chattanooga, TN, have announced the formation of a strategic joint venture under the name of Blue Pioneer Consulting. “We are excited to further solidify our legacy of bringing innovative and cutting-edge solutions to our clients,” said Brad Shaw, managing director of Blue & Co., “Our values of being responsive, caring, advocates are what guide us when we ev

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Account accounted accountant 52

Cherry Bekaert

AUGUST 5, 2024

In today’s highly competitive business landscape, strategic recruitment plays a crucial role in driving organizational success. External support in recruitment brings substantial benefits, from coping with talent shortages to promoting diversity and fostering innovation. Partnering with the right external support can profoundly impact your organization’s growth and operational efficiency.

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accounting and finance Finance Account accounted 52

CPA Practice

AUGUST 5, 2024

Botkeeper is has announced the keynote speaker and other details of its upcoming conference AI Unchained 2024. Kal Penn will headline AI Unchained 2024, an electrifying, three-day event taking place in picturesque Santa Rosa, California, from October 8-10, 2024. The one-of-a-kind event will merge automation and artificial intelligence technology with unparalleled networking and educational opportunities.

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Technology Education Entertainment CPA 105

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 technology to drive productivity and cost savings. So, how do you make the case for automation within your organization?

AP Automation