Accounting Seed

JULY 8, 2024

A revealing list of the top 5 reasons businesses make the switch from QuickBooks to Accounting Seed for their accounting needs.

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Accounting Today

JULY 8, 2024

The Internal Revenue Service has stepped up efforts to combat dubious tax advice promoting schemes involving the Fuel Tax Credit, the Sick and Family Leave Credit, and household employment taxes.

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Tax 132

CPA Practice

JULY 8, 2024

By Bruce Crumley, Inc. (TNS) Business owners facing employee requests for higher pay have plenty of reasons why they can’t increase salaries over current levels, and a new survey suggests another one. They may not be making enough money to feel financially secure themselves. A new poll shows that people across a wide range of revenue levels believe they need far higher incomes to feel financially secure—considerably more than businesses could possibly pay them.

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Maine Finance Retail 116

Accounting Today

JULY 8, 2024

Test your accounting knowledge on identity theft, sales tax reliance, and more. No. 2 pencil not required!

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Account accountant accounted Tax 131

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

CPA Practice

JULY 8, 2024

Vince Golle Bloomberg News (TNS) U.S. consumer borrowing increased in May by the most in three months, reflecting a jump in credit-card balances. Total credit outstanding rose $11.4 billion after a revised $6.5 billion gain in April, according to Federal Reserve data released Monday. The median forecast in a Bloomberg survey of economists called for an $8.9 billion increase for May.

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New York Finance Retail Sales 116

Accounting Today

JULY 8, 2024

Due to extensive interest, Accounting Today is extending the deadline for submissions for its annual Managing Partner Elite list to the end of the day on Monday, July 15.

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Account accountant accounted 130

Accounting Today

JULY 8, 2024

A federal court issued a stay and a preliminary injunction against the Federal Trade Commission's non-compete rule after a lawsuit by the Ryan, a Dallas-based tax services firm, and the U.S. Chamber of Commerce.

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tax services Tax 128

Insightful Accountant

JULY 8, 2024

In this third article of Murph's miniseries on the 2025 ProAdvisor Awards forms, he examines the new Nomination Form and gives some quick tips on its use.

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Accounting Today

JULY 8, 2024

When it comes to practice management, try to learn as much as you can from whatever source is available.

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Account accountant accounted Education 128

Anders CPA

JULY 8, 2024

David Hartley, CPA, CISA, advisory partner-in-charge at Anders CPAs + Advisors (Anders), has been appointed to the Southern Illinois University (SIU) Foundation Board of Directors effective July 1, 2024. With a distinguished career and a deep commitment to philanthropy, Hartley brings invaluable expertise to the Foundation’s mission of supporting SIU’s academic endeavors.

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Illinois Missouri cpas CPA 105

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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

CPA Practice

JULY 8, 2024

By Janie Slaven, The Times-Tribune, Corbin, Ky. (TNS) The IRS announced tax relief for individuals and businesses in parts of Kentucky affected by severe storms, straight-line winds, tornadoes, landslides and mudslides that began on April 2, 2024. These taxpayers now have until Nov. 1, 2024, to file various federal individual and business tax returns and make payments.

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Kentucky Tax tax return income tax 105

Accounting Today

JULY 8, 2024

Art carries higher rates than most investments, but financial advisors and their clients can tap into trusts, charitable donations, loss harvesting and the stepped-up basis.

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Tax 96

CPA Practice

JULY 8, 2024

Professionals on the Move is a round-up of promotion and staffing announcements from around the profession. Daniel Winokur joins Wipfli as partner, healthcare services Wipfli LLP , an advisory firm, recently announced that Daniel Winokur has joined the firm’s national healthcare services practice as a partner. Winokur is an executive management consultant with 15 years of experience advising federally qualified health centers and other socially responsible ventures.

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Delaware audit Entertainment Healthcare 101

Accounting Today

JULY 8, 2024

BDO USA recently appointed a new COO to oversee efforts to improve its audit practice and technology, as well as implement its ESOP.

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audit 95

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

CPA Practice

JULY 8, 2024

By Jarrell Dillard, Bloomberg News (TNS) Labor data Wednesday added further evidence that the labor market is slowing down. U.S. companies hired workers at a more moderate pace in June and wage growth cooled in private payrolls, according to data from the ADP Research Institute. Recurring claims for unemployment benefits rose for a ninth straight week, the longest stretch since 2018 that indicates a growing number of people are having difficulty finding a new job.

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Accounting Today

JULY 8, 2024

U.S. lawmakers and government officials view the tax as unfair and have threatened to retaliate if Canada moved forward with it.

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Tax Government corporation tax 83

Anders CPA

JULY 8, 2024

Cannabis cultivation is not for the weak of heart. It’s also not for fly-by-the-seat-of-your pants kind of people. When Marianne Cursetjee co-founded Alibi Cannabis in Oregon, they had to finance it all themselves: the land, the construction, the equipment. Luckily, she was disciplined enough to run the numbers, start small, and create high-quality, high-value cannabis that now regularly sells out before the four-month journey from seed to product.

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Oregon Construction Gaming Finance 64

Going Concern

JULY 8, 2024

Morning! I trust everyone had a safe and fun 4th of July except for our non-American readers who I hope enjoyed their Thursday. It’s summer so spirits should be high regardless. I don’t expect there to be much news out there today, maybe the profession watercooler will surprise me. I found out from Reddit over the weekend that AI is going to put both you and me out of a job.

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audit Account accountant accounted 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

Insightful Accountant

JULY 8, 2024

Many accounting professionals struggle with the time-consuming and error-prone task of managing accounts payable (AP). If you missed our recent App Academy , MakersHub presented how their innovative solution can revolutionize this critical process.

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accounts payable management accounts management accounting Account 52

Reckon

JULY 8, 2024

Your business is always changing, and your business plan should reflect that. This handy document is key to tracking your company’s progress and helping you and your team stay on target. And with the new financial year upon us, now might be the perfect time to take your business plan out of the drawer and give it a fresh update. Yes, you’ve probably got a lot on your plate already, but getting into the habit now can pay off down the track.

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Insightful Accountant

JULY 8, 2024

The Pennsylvania Institute of CPAs has published a 29-page CPA firm Tech Report with insightful information on the use of technology and where firms are moving related to tech.

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Pennsylvania cpas Technology cpa firm 52

LSLCPAs

JULY 8, 2024

In the bustling world of business, where every minute counts and the pace seems relentless, it’s easy to get caught up in the daily grind and lose sight of the bigger picture. However, amidst the chaos, there exists a crucial activity that is often overlooked but holds the key to long-term success: strategic planning. Strategic. The post 7 Reasons to Make Time for Strategic Planning appeared first on LSL CPAs.

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cpas 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

Withum

JULY 8, 2024

The Cryptocurrency market has become a booming industry over the past few years, with an influx of investments in digital assets like Bitcoin, Ethereum, and many others. However, as the popularity of cryptocurrencies grows, the number of scammers and hackers trying to exploit people’s lack of knowledge and experience in the field also increases.

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Construction 52

Menzies

JULY 8, 2024

Menzies LLP - A leading chartered accountancy firm. Overview The UK general election has resulted in a landslide victory for the Labour party, making a significant shift in the political landscape, which has been under Conservative governance for the past 14 years. Labour’s, Sir Keir Starmer is poised to bring numerous changes, which will lead to implications in the Hospitality and leisure sector.

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Hospitality chartered accountant accounting firms Government 52

FraudFiles

JULY 8, 2024

Charles Ponzi How do you know if you’re considering investing in a Ponzi scheme? The promoters will never come out and tell you they are running a pyramid scheme, so the investors have to be smart enough to recognize them on their own. The good news is it is easy to spot a [.

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Menzies

JULY 8, 2024

Menzies LLP - A leading chartered accountancy firm. Overview Following the Labour Party victory in election results, there are several key points from their 2024 manifesto that would significantly impact the industry. These policies intend to reshape the transport, logistics and warehouse landscape with the aim of promoting sustainability, efficiency, and social equity.

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Transportation chartered accountant Education accounting firms 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

CPA Practice

JULY 8, 2024

AICPA News is a collection of recent announcements from the American Institute of CPAs and the Chartered Institute of Management Accountants. AICPA Recognizes Six Individuals with 2024 Outstanding Young CPA Award The AICPA & CIMA recently recognized six practicing CPAs under the age of 40 with the 2024 AICPA Outstanding Young CPA Award. Every year, these awards are given in memory of Maximo Mukelabai, a member of the inaugural class of the AICPA Leadership Academy whose life was tragicall

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cpas North Carolina Illinois CPA 122

Xero

JULY 8, 2024

We’re thrilled to announce the return of the Xero Beautiful Business Fund for 2024. With a prize pool of over NZ$750,000, the Xero Beautiful Business Fund is back to support small businesses and non-profits in seven countries with their growth plans and help drive future success. Small businesses are driven by dedicated and passionate individuals who work hard to contribute to their communities and their local economies.

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Non-Profits 98

CPA Practice

JULY 8, 2024

State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories. The Illinois CPA Society (ICPAS)—one of the largest state associations in the nation serving the certified public accountant (CPA) community—recently announced that Larry J. Wolfe, CPA, is the recipient of its prestigious 2024 Lifetime Achievement Award.

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CPA Maryland Georgia Illinois 52

Going Concern

JULY 8, 2024

This image is the first one that popped up when searching “advice” on the stock photo site we use. Let’s just roll with it. In the wake of Colorado firm and former Trump Media auditor BF Borgers being charged with “massive fraud” by the SEC in May , law firm Armstrong Teasdale has helpfully crafted some thought leadership aimed at those seeking audit services.

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auditor audit Colorado financial statements 110

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Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.