Summit CPA

OCTOBER 10, 2024

Every year there are thousands of investigations launched by the IRS in their fraud prevention campaign. IRS criminal investigations during the 2023 tax filing year identified potentially $37.1 billion in tax fraud and the conviction rate was 88.4%. While these statistics might make business owners like you sweat a bit, the IRS knows that not everyone is out to commit fraud and that mistakes can happen to anyone.

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CPA Practice

OCTOBER 10, 2024

By Dallas Gagnon masslive.com (TNS) The Social Security Administration has announced the cost of living adjustments (COLA) for 2025 and it’s the lowest increase recipients have received in years. Social Security benefits and Supplemental Security Income payments will increase for more than 72.5 million Americans by 2.5% in 2025, the SSA announced in a release.

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Accounting Today

OCTOBER 10, 2024

A senate hearing; lack of Unity; that ain't chicken feed; and other highlights of recent tax cases.

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Going Concern

OCTOBER 10, 2024

In a post published on October 7th by Montclair State University titled “ Top 5 Reasons to Transition to an Accounting Career ” that can be best described as a thinly veiled advertisement for their Master’s program, the university explains “why making the leap into accounting might be the best move you ever make.” This should be good.

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Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

accounting and finance

Accounting Today

OCTOBER 10, 2024

If the Massachusetts legislature fails to sign off on a proposal to temporarily raise commercial rates before the end of next month, Mayor Michelle Wu said the city would need a tax increase.

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Withum

OCTOBER 10, 2024

In today’s rapidly evolving digital landscape, organizations are constantly seeking innovative solutions to streamline operations, enhance productivity and drive growth. As a consultant for Withum, a Microsoft Partner, I have witnessed firsthand the transformative power of Microsoft Copilot for business and Copilot Studio chatbots in achieving these goals.

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Anders CPA

OCTOBER 10, 2024

To find success in business, you have to first figure out what your target market wants and respond to it. As society and the technology we depend on changes at breakneck speed, it can be challenging for traditional businesses to keep pace. Breathing new life into a service as timeless and constant as the library takes innovation, grit and the support of the surrounding community to pull off.

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Technology CPA 59

Accounting Today

OCTOBER 10, 2024

While the potential rewards are attractive, for many of the small to midsized players, there are a host of operational and tax-related implications that need to be addressed.

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Manufacturing Tax 64

Going Concern

OCTOBER 10, 2024

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Sign up now to view the complete candidate list and connect with potential hires.

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Accounting Today

OCTOBER 10, 2024

The Governmental Accounting Standards Board is considering changes in the financial reporting rules for infrastructure assets and is looking for feedback.

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Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

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Insightful Accountant

OCTOBER 10, 2024

In the dynamic landscape of finance and tax, discussions surrounding AI and automation have become increasingly prevalent. ChatGPT stands out as one of the most widely recognized.

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Finance Tax 52

Reckon

OCTOBER 10, 2024

When it comes to security, businesses can be at a loss when the crime occurs online. No robber hides around the corner; no corner store gets held up. In fact, cybercrime can happen in broad daylight with just a few lines of text in an email. We spoke with Ed Blackman, Reckon’s CTO, to get him to weigh in on Cybersecurity Month. One of Blackman’s many duties is reviewing and implementing Reckon’s cybersecurity policy, which keeps Reckon staff and customers safe from online attacks.

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Insightful Accountant

OCTOBER 10, 2024

Is the software you rely on running on Oracle Cloud Infrastructure (OCI) and you don't even know it? It very well could be, and you might just find out by listening to 'Business Radio.

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LSLCPAs

OCTOBER 10, 2024

Businesses must commit to strategic decision-making to survive today’s fast-paced business environment. The financial reporting feeding into those decisions demands timeliness and requires absolute accuracy. At the same time, companies need to ensure that their financial statements meet all regulatory requirements. Automation with software like Workiva allows companies to use dependable internal financial reports while.

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Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and 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

CPA Practice

OCTOBER 10, 2024

By Gail Cole. As of January 1, 2024, beverage alcohol producers must have a license to ship alcohol directly to consumers in Alaska. While direct-to-consumer (DTC) licenses have long been required in most other states that permit DTC shipping, this is a new requirement in Alaska: Beverage alcohol manufacturers could ship to Alaska consumers without a permit prior to 2024.

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Withum

OCTOBER 10, 2024

The M&A market can be affected by a multitude of factors including political, economic, and social elements. Election cycles have historically impacted M&A activity and the current presidential election is no different. Prior to an election, there is always uncertainty as to the outcome and the potential effects of new policies. The M&A market is not insulated to this uncertainty.

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CPA Practice

OCTOBER 10, 2024

Avantax Inc., a community within Cetera Holdings and a leader in tax-focused financial planning and wealth management, has welcomed several new independent financial advisors who have affiliated with Avantax to help strengthen their ability to offer clients comprehensive tax-intelligent financial services. Financial professionals transferring to Avantax receive the tax-intelligent tools, technology, resources and home office support needed to help clients pursue their financial goals.

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Withum

OCTOBER 10, 2024

Qualified plans remain one of the last, legitimate mechanisms for closely-held business owners to generate deductions. Some plans allow closely-held business owners to deduct more than a 401k or traditional pension plan may allow. What Are the Potential Benefits? Guaranteed retirement income All earnings tax deferred during accumulation Deductions in excess of $300,000 depending on demographics A valuable employee benefit Typically exempt from creditors Who Are the Ideal Candidates?

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income tax Tax tax return 52

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

CPA Practice

OCTOBER 10, 2024

Managing a successful public accounting firm is an ongoing process, with leaders constantly needing to adapt workflows and technologies that can help them achieve greater operational freedom and financial growth. On October 22-23, 2024, the free, virtual WorkflowCon conference for accounting firm leaders, hosted by Financial Cents , will focus on a wide range of topics, with the theme, “FREEDOM TO SCALE: Unlock Your Firm’s Potential for Operational Freedom and Profitable Growth.

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Canopy Accounting

OCTOBER 10, 2024

In this ebook, Sean M. Duncan, CPA, helps us learn why ownership training goes beyond technical skills. He dives into essential topics like accountability, leadership, financial realities, and delegation.

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CPA Practice

OCTOBER 10, 2024

This year, the NYU School of Professional Studies (NYU SPS) Division of Programs in Business Finance and Taxation programs will bring its 83 rd Institute on Federal Taxation (IFT) to the Westin New York at Times Square, October 20 —25, and the Hotel Del Coronado in San Diego, November 17 —22. Designed for professionals who handle federal tax matters, the IFT provides high-level updates, insights, analyses, and practical advice from America’s top tax authorities on the latest federal tax trends a

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New York Real Estate corporation tax Tax 52

Cherry Bekaert

OCTOBER 10, 2024

Following the recent natural disaster, we paused our scheduled programming to provide our viewers with key information on Federal Emergency Management Agency (FEMA) assistance for recovery. This podcast provides essential details on deadlines, the application process for the FEMA Public Assistance Program and what to expect after applying. Kat Kizior, Grant Management Manager, and new co-host Paula Heller, Grants Management Senior Associate, join forces to address FEMA grant funding possibilitie

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Government 52

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

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Dent Moses

OCTOBER 10, 2024

Dent Moses is committed to keeping you informed of the latest tax-saving strategies. We are sharing our AG-YE_YR Tax Planning Guide-2024_DM. The guide highlights some key considerations, but keep in mind that this resource is intended to provide broad suggestions only. There is no substitute for the guidance of an advisor who understands your specific needs.

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Cherry Bekaert

OCTOBER 10, 2024

Contributor: Tiffany Rodi, Sales & Use Tax Senior Manager In today’s complex tax landscape, businesses must navigate a myriad of regulations that vary by state and region. Product Tax Codes (PTCs) play a crucial role in this process by determining the applicable taxability for goods and services, which are often taxed and treated differently depending on the state or jurisdiction.

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Insightful Accountant

OCTOBER 10, 2024

In this episode, Gary DeHart interviewed Blake Grewal, founder of Bold Growth, to discuss how accounting firms can leverage data-driven decisions and customer journey mapping to improve client experiences and firm efficiency.

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accounting firms Account accounted accountant 52

Menzies

OCTOBER 10, 2024

Menzies LLP - A leading chartered accountancy firm. At Menzies, we are no strangers to discussing estate planning with our clients and listening to their concerns surrounding the passing of wealth to the next generation. When passing assets down to the next generation, no matter how big or small the amount you are passing onto beneficiaries, you are losing control over the eventual location of the asset.

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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

Insightful Accountant

OCTOBER 10, 2024

Efficient payment processes are crucial. PayTrace offers robust solutions designed to simplify payment workflows, enhance security, and help businesses cut down on processing costs.

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Accounting Today

OCTOBER 10, 2024

The gap between taxes owed and paid increased to $696 billion in tax year 2022.

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Tax 54

Insightful Accountant

OCTOBER 10, 2024

Qvinci recently presented at the Future Forward App Academy, introducing their innovative Qvinci Turnkey Advisor Program (QTAP), a quick-start guide to providing advisory services for accounting firms of all sizes.

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accounting firms Account accounted accountant 52

CPA Practice

OCTOBER 10, 2024

By Kristin Alexander. Convenience store operators cater to customers with many needs, including travelers filling up their gas tanks, hopeful lottery winners, and neighborhood residents with midnight munchies. Ensuring everyone gets what they came for is more complicated than stocking shelves with a bit of everything. Selling a variety of products, especially heavily regulated ones like alcohol and tobacco, makes business license management complex.

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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.

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