Accounting Today

SEPTEMBER 6, 2024

The accounting profession's labor shortage means relationships between firms and colleges have never been more crucial in recruiting new talent.

accountant 117

accountant Account accounted 117

MyIRSRelief

SEPTEMBER 6, 2024

Navigating the complex world of taxes can be a daunting task for small business owners and self-employed individuals. The intricacies of tax laws, the constant updates, and the myriad of forms and deadlines can make tax season a stressful time. However, with the right guidance and support, managing your taxes can become a streamlined and efficient process.

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Tax tax return bookkeeping tax preparation 130

Accounting Today

SEPTEMBER 6, 2024

The Bonadio Group, a Top 50 Firm based in Pitsford, New York, has executed 22 successful mergers over the last 27 years, many of which have been overseen by CEO and managing partner Bruce Zicari.

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New York 121

CPA Practice

SEPTEMBER 6, 2024

Small and midsize U.S. retailers face significant challenges when navigating sales tax holidays, according to a new report from Avalara, Inc. , a provider of tax compliance automation software for businesses of all sizes. While these holidays are designed to boost consumer spending and businesses’ sales, the complexities involved have actually left nearly 60% of retailers struggling to make a profit.

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Sales Retail Tax Government 116

Speaker: Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

Finance

Accounting Today

SEPTEMBER 6, 2024

With football season now underway, the Internal Revenue Service's Criminal Investigation unit is urging taxpayers to play by the rules when it comes to sports betting.

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Sports Tax 114

Accounting Today

SEPTEMBER 6, 2024

In a landmark decision earlier this year, the Supreme Court addressed the valuation of shares in closely held corporations for federal tax purposes.

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Tax tax planning 117

CPA Practice

SEPTEMBER 6, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, review Thomson Reuters Checkpoint Edge with CoCounsel. Designed for tax professionals and firms, Checkpoint Edge with CoCounsel is a research platform that includes new AI-assisted research capabilities to help tax professionals get trusted answers to complex tax research questions by using everyday language.

Technology 111

Technology accountant Account accounted 111

Accounting Today

SEPTEMBER 6, 2024

In the first half year of Inflation Reduction Act-funded enforcement, the Internal Revenue Service has recovered over $1.3 billion.

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Tax 117

Randal DeHart

SEPTEMBER 6, 2024

If your company is experiencing rapid growth, you might find yourself navigating a good news/bad news situation: while your sales figures climb, managing cash flow becomes increasingly complex, pushing you to seek additional financing to meet the rising demand. Consider this scenario: A couple wanting to sell their house expresses interest in your remodeling service, presenting an exciting opportunity that could significantly elevate your construction business.

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Construction Finance Sales bookkeeping 88

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

accounting and finance

Accounting Today

SEPTEMBER 6, 2024

Intuit announced major upgrades to its GenOS system, bolstering its development capabilities in generative AI.

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GrowthForceBlog

SEPTEMBER 6, 2024

8 min read September 6th, 2024 Experts from ITR Economics predict the U.S. will enter another Great Depression in the upcoming decade. Currently, 50% percent of U.S. CEOs reported experiencing a slow economy or expecting the economy to slow soon, and 46% believe that we are or will soon be entering an economic recession, according to the Vistage CEO Confidence Index.

accountant 74

accountant Account accounted 74

Accounting Today

SEPTEMBER 6, 2024

How do you fix an industry in consolidation? Enter private equity.

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cpas 120

Canopy Accounting

SEPTEMBER 6, 2024

Executive Summary The accounting profession stands at the precipice of transformative change driven by rapid advancements in technology and evolving client expectations. This Canopy and CPA Practice Advisor survey asked respondents to share where they currently were and where they thought their firms would be three to five years from now on topics like automation, AI integration, workforce dynamics, remote work models, client interaction, digital transformation, security and more.

accountant 69

accountant Account accounted Technology 69

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Historical bookkeeping clean-up is like an archaeological dig for financial documents. It is a vigorous, systematic process that ensures thorough scrutiny of every document. From verifying inconsistencies to reconciling payments, each layer of exhaustive evaluation brings greater clarity into your company's financial past. In this article, we will walk through all that historical bookkeeping clean-up entails.

bookkeeping

Cherry Bekaert

SEPTEMBER 6, 2024

The Federal Financial Institutions Examination Council (FFIEC) announced on August 29, 2024, that it will sunset the Cybersecurity Assessment Tool (CAT) on August 25, 2025, at which point it will be removed from the FFIEC website. This decision reflects the availability of new government resources and models for identifying and managing cybersecurity risk, including the National Institute of Standards and Technology (NIST) Cybersecurity Framework 2.0 and the Cybersecurity and Infrastructure Secu

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auditor Government 64

Menzies

SEPTEMBER 6, 2024

Menzies LLP - A leading chartered accountancy firm. The role of a COFA (Compliance Officer for Finance and Administration) has now existed for eleven years and whilst we have issued previous guidance at that time but felt that a refresher of the role was needed COFA has never been more important and Mark Crosson of the Menzies legal team takes us through the role itself and some tips for these holding the position.

accounting and finance 64

accounting and finance chartered accountant Finance accounting system 64

Withum

SEPTEMBER 6, 2024

The landscape of estate and tax planning has undergone a substantial transformation due to the Tax Cuts and Jobs Act of 2017 (TCJA), which effectively doubled the federal estate exemption to over $11 million (indexed for inflation to $13,610,000 in 2024) and is not scheduled to sunset until the end of the 2025 tax year. Considering these changes, some emphasis has shifted towards optimizing income tax strategies.

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New Jersey income tax Tax New York 59

Going Concern

SEPTEMBER 6, 2024

We all know accountant salaries are woefully low — even your grandma knows accountants don’t get paid well now so maybe she’ll slip an extra fiver in your next birthday card — but this job posting sent to us on Twitter is perhaps the lowest of the low ball offers. So low ball it would make a 92-year-old man’s nuts jealous.

accountant salary 57

accountant salary accountant Account accounted 57

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By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

auditor

Accounting Today

SEPTEMBER 6, 2024

In this installment of The Fundamentals, we asked firm leaders and tech experts the basics of selecting solutions for tax preparation.

Tax 70

Tax tax preparation Technology tax planning 70

Insightful Accountant

SEPTEMBER 6, 2024

Check out our BE INSIGHTFUL paid premium content membership, which features nine highly focused training tracks. Members who join the paid premium program before Oct 29, 2024 will be entered to win a $5000 travel voucher.

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Accounting Today

SEPTEMBER 6, 2024

One of the most closely watched jobs reports arrived ahead of a Federal Reserve decision on interest rate cuts.

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accountant Account accounted payroll 73

Cherry Bekaert

SEPTEMBER 6, 2024

Business interruption (BI) insurance is crucial for private equity firms, as it provides financial protection in the event of unforeseen disruptions to a portfolio company’s operations. Interruption in business operations due to natural disasters, supply chain disruptions or cybersecurity breaches can have a significant financial impact to a fund’s bottom line.

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Accounting firms must embrace digital transformation to stay competitive. From improving efficiency and client experience to ensuring data security, digital tools offer the edge needed in a digital-first world. Discover how Fincent can streamline your transition. The accounting industry faces a digital revolution. As technology reshapes business, firms must adapt or risk obsolescence.

Tax

FraudFiles

SEPTEMBER 6, 2024

Hidden assets can impact both the property division and the award of support payments. Assets hidden by one spouse deprive the other spouse of a share of them. If the hidden assets include income-producing assets such as a business venture or an investment portfolio, the spouse receiving support may receive a lesser amount of support [.

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Accounting Insight

SEPTEMBER 6, 2024

Introducing Yooz, first time exhibitors at Accountex Summit Manchester… What do Yooz do? Yooz provides the smartest, most powerful, and easiest-to-use cloud based E-invoicing and Purchase-to-Pay (P2P) automation solution. It delivers unmatched savings, speed, and security with affordable zero-risk subscriptions to more than 5,000 customers and 300,000 users worldwide.

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AP Automation Technology Accounts Payable Automation accounting and finance 52

Accounting Today

SEPTEMBER 6, 2024

Plus, Certinia Customer Success Cloud now generally available; Zamp launches tax solution "Z"; and Paystand expands into Canada.

Technology 56

Technology Tax Sales 56

Wendy Tietz

SEPTEMBER 6, 2024

In the spring of 2024, the cost of cocoa rose substantially. Within the span of 12 months, the price of tripled.

managerial accounting 52

managerial accounting Account accountant accounted 52

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Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.

Expense Management

Insightful Accountant

SEPTEMBER 6, 2024

Ian Vacin, Karbon Chief Partnerships Officer and Co-Founder, delves into why you need to document and standardize your internal processes if you are serious about scaling your accounting firm.

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accounting firms accountant Account accounted 52

Accounting Today

SEPTEMBER 6, 2024

Marcum promotes 15 to partner; NDH Advisors rebrands; and more news from across the profession.

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CPA Practice

SEPTEMBER 6, 2024

Avalara, Inc. , a leading provider of tax compliance automation software for businesses of all sizes, today announced the findings of a recent survey that sheds light on the preferences and behaviors of travelers concerning short term rentals (STR). The survey was conducted by Bastion Insights during a summer travel season that saw bookings up 15% year-over-year during the Fourth of July holiday and found that 70% of respondents are open to considering STRs for travel accommodations.

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Education Tax 106