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Earlier today Grant Thornton put out a press release about being named to a 2024 “Best Places to Work for Disability Inclusion” list so naturally we said “the what list now?” and went digging. The Best Places to Work for Disability Inclusion list belongs to Disability:IN, a nonprofit “committed to empowering business to achieve disability inclusion and equality.” The Disability Equality Index covers Culture & Leadership, Enterprise-Wide Access, Employment Practices, C
There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates. Another RDFer? The state of Washington is inching toward instituting a retail delivery fee. “Analysis reveals that a fee in Washington of 30 cents per order could generate between $45 and $112 million in revenues in 2026, growing to between $59 and $160 million by 2030,” reads a recent report by the Washington State Joint Transportation Committee.
My cousin, Lt. Col. David Oclander , Battalion Commander, on the left. As regular readers know, I’m a big fan of the National Association of Tax Professionals. They generally provide top-notch education, and I appreciate the fact that they do not discriminate against non-credentialed tax pros. Before I became a CPA, that was where I got most of my continuing education, because organizations like AICPA or NAEA are restricted to those with licenses.
Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.
Interest rates will remain the same for the calendar quarter beginning on Oct. 1, the IRS said on Wednesday. The interest rate for tax overpayments and underpayments for individuals will be 8% per year and 7% for corporations, compounded daily. Interest rates have stayed at their current levels since the fourth quarter of 2023 , when they increased from 7% for individuals and 6% for corporations.
In the dynamic world of small business, staying ahead means constantly measuring and optimizing performance. That's where Key Performance Indicators (KPIs) come in. These metrics help small business owners, entrepreneurs, and startups monitor their progress, identify areas for improvement, and make data-driven decisions. In this blog post, we'll explore the top 10 KPIs every SMB owner should track for sustained growth in 2025.
The IRS said earlier this week that it’s continuing to expand features within its online self-service tool for businesses, launched last October as part of the agency’s service improvement initiative funded under the Inflation Reduction Act. When fully developed, business tax account (BTA) will allow many types of business taxpayers to check their tax history, make payments, view notices, authorize powers of attorney, and conduct other business with the IRS.
This would be a highly inappropriate article to use PwC Chad on. Perhaps our own regulators could learn a thing or two from China about handing down punishments to audit firms. If you want it to hurt, hit ’em where it counts: their pockets. For months now, PwC China has been dealing with the fallout of former client and currently bankrupt property developer Evergrande inflating revenues and then defaulting on its debts.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
“I used to volunteer at a local food distribution program. Seeing the kids we served take food to their home made me want to do something beyond just providing a basic necessity,” said Mae Anderson, Chairman of Art Outreach , a non-profit arts intermediary dedicated to supporting art practitioners as well as championing art appreciation and visual literacy in Singapore.
The Department of Defense (DoD) has proposed amendments to the Defense Federal Acquisition Regulation Supplement (DFARS) to incorporate Cybersecurity Maturity Model Certification (CMMC) 2.0 requirements into defense contracts. Published in August 2024, these changes highlight the DoD’s commitment to strengthening cybersecurity across its supply chain, reflecting broader efforts to protect sensitive information within the Defense Industrial Base (DIB).
In response to complexities surrounding the Employee Retention Credit (ERC), the IRS launched a second Voluntary Disclosure Program (VDP) aimed at providing clarity and assistance to businesses grappling with their claims. As the landscape of tax credits transitions, understanding the implications of this program is crucial for employers who may face uncertainty about their eligibility and potential liabilities.
Six years of the Centralized Partnership Audit Regime have elucidated a central understanding: the provisions present plenty of potential pitfalls for partnerships, partnership representatives and the partners.
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.
It is no secret that a tremendous amount of work goes into opening and running a restaurant. One part of it is getting all the proper licenses and permits required to legally open and operate the business in the state, county and city it is located in. We are providing an overview of some of Read the full article. The post Licenses and Permits Required for Operating a Restaurant in California: An Overview appeared first on KROST.
Starboard Value LP urged Autodesk Inc.'s board to evaluate whether Chief Executive Officer Andrew Anagnost is the right person to lead the company following recent accounting issues.
Contributor: John Ford In June 2024, the Cost Accounting Standards Board (CASB) published three significant actions in the Federal Register. First, on June 18, the CASB issued a request for public comments concerning options for clarifying the applicability of the Cost Accounting Standards (CAS) to what the CASB called indefinite delivery vehicles (IDVs).
Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! With our Always-On Recruiting service, access a pool of top remote accounting candidates without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires. TAX AND ACCOUNTING CANDIDATES FTE Tax and Accounting | Candidate ID #22103110 Certifications: CPA Candidate Education: BS, Accounting Experience (years):
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
Kansas City, MO-based Mayer Hoffman McCann (MHM) has changed its name to CBIZ CPAs, according to a Aug. 21 media release. The now-former MHM is a national independent CPA firm with which CBIZ has had an administrative service agreement for more than 25 years. It’s a separate legal entity from CBIZ. With 35 offices nationwide, the firm specializes in audit and attest services for businesses and not-for-profit organizations.
Supply chain disruptions, talent shortages, cybersecurity threats, rising interest rates and global economic uncertainty continue to impact the business landscape in 2024. To effectively address these challenges, organizations are continuing to focus on strategies that will create stability and growth potential in the wake of uncertainty. For many business leaders, the future of work involves cultivating a culture of agility, advancing technology investments, and accelerating their digital trans
Whether you're just starting out or a seasoned business owner, it is imperative to understand the financial health of your business. This can be done via a variety of different types of analyses whether you are using an software or a spreadsheet to do your accounting. In terms of the big picture and overall performance of your business, the reports that are collectively referred to as the financial statements are the most crucial.
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.
PricewaterhouseCoopers LLP's China unit expects the Chinese government to hand down a six-month ban as part of punishment over its audit of failed property giant China Evergrande Group, according to a person familiar with the matter.
As we enter the third month of summer: Pumpkin Spice Lattes have returned; Students are headed back to school; and, Our government has delivered long-promised family and business friendly tax changes. Sorry, but it looks like we’re going to have to settle for the first two out of three! Prospects for Tax Reform Continue to. The post Pumpkin Spice and Taxes?
Hosts Randy Johnston and Brian Tankersley, CPA, review Materia , a generative AI platform for “intelligent accounting.” Materia helps accelerate accounting and assurance practices with an end-to-end platform. Use the video player below to watch, or the podcast player below to listen to the podcast. – Or use the below podcast player to listen: – Transcript (Note: There may be typos due to automated transcription errors.
In this episode from Xerocon 2024, host Gary DeHart and lead technical editor William "Murph" Murphy dive into the latest updates on Xero's platform. Xero is enhancing its services to be more insightful, powerful, and customizable.
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Charitable giving in the U.S. fell by about $20 billion in 2018, the first year of the 2017 Tax Cuts and Jobs Act’s (TCJA) implementation, because of the law’s change to the standard deduction for individual income taxes, a new academic study reveals. “TCJA was a three-trillion-dollar policy and created the largest change in U.S. giving incentives in a generation.
In the latest episode of the Accounting Insiders podcast, hosted by Gary DeHart and guest Gina Allard, discussed several key topics, focusing on the intersection of travel and accounting.
Contributors: Joe Hennessee | Strategic Financing Services Senior Manager David Altman | Strategic Financing Services Senior Manager Trevor Nelson | Strategic Financing Services Manager Benefits of Combining Low-Income Housing Tax Credits (LIHTCs) and New Markets Tax Credit (NMTC) Financing for Affordable Housing Development When it comes to affordable housing development, Low-Income Housing Tax Credits (LIHTC) have been the go-to tool for developers for decades.
Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
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