Accounting Today

OCTOBER 4, 2023

The service is reducing the annual cost of a Preparer Tax Identification Number after a court ruled that the charge was too high.

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Tax tax preparation income tax 138

Going Concern

OCTOBER 4, 2023

The Wisconsin Institute of Certified Public Accountants (WICPA) has announced — and in typical Midwestern fashion was pleased to do so — that Governor Tony Evers and the state of Wisconsin have designated November 2023 as CPA Appreciation Month. Free pizza for everyone on the governor? Not quite. In November, dozens of Wisconsin CPAs are heading to high schools throughout the state to preach the joys of a career in accounting (that’s not as sarcastic as it sounds) and inform st

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Accounting Today

OCTOBER 4, 2023

Neither the IRS nor Congress has specifically addressed the tax deductibility of ransomware payments made to hackers, nor has FASB.

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CPA Practice

OCTOBER 4, 2023

New research from Avalara , a provider of tax compliance automation software for businesses of all sizes, has found that 84% of CFOs surveyed in the United States (U.S.) and United Kingdom (U.K.) face a significant talent shortage within their accounting and finance teams. The problem is more severe in the UK, with nearly all (92%) surveyed CFOs in the country struggling to recruit their needed finance talent compared to three-quarters (76%) of CFOs surveyed in the U.S.

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Technology accounting and finance Finance audit 123

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

Accounting Today

OCTOBER 4, 2023

The worst five states for tax preparer scams averaged more than 32 million reported scams in 2023.

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tax preparation Tax 132

Going Concern

OCTOBER 4, 2023

Deloitte chief innovation officer Deborah Golden has been getting some press this past week, like this CNBC Make It piece on how she solves problems at work when she’s stuck. Here she is explaining how she gets people’s brains revved up before a meeting: “I always do an icebreaker at every start of every meeting,” says Golden, adding that, “an easy one is, ‘you have 30 seconds, go grab something, no matter where you are, and you have to come back and in less than 30 seconds, you have

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Start-ups 115

ThomsonReuters

OCTOBER 4, 2023

Jump to: How many accounting firms use AI? How do the Big 4 use artificial intelligence? How do smaller accounting firms use AI? How does AI impact workflow? In today’s fast-paced business world, ignoring technology is not an option, and the field of accounting is no exception. Artificial Intelligence (AI) has become a game-changer, helping accounting firms streamline processes, improve accuracy, and deliver more value to their clients.

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accounting firms Technology Account accountant 111

Accounting Today

OCTOBER 4, 2023

The Top 50 Firm is expanding its presence in Texas by adding a firm based in Dallas.

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Texas 126

Withum

OCTOBER 4, 2023

The New Jersey Society of Certified Public Accountants (NJCPA) hosts the Ovation Awards annually to honor industry players with outstanding achievements in their fields. This year, Withum team members Bill Bradshaw , Lauren Naples and Ed Mendlowitz are honored in three of the seven Ovation Award Categories. Diversity, Equity & Inclusion Bill Bradshaw, Director of Inclusion and Diversity, was selected for his dedication to I&D in the accounting profession.

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Accounting Today

OCTOBER 4, 2023

Annual pay grew 5.9% year over year, as both job growth and wage growth slackened in September.

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payroll accounted accountant Account 126

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Insightful Accountant

OCTOBER 4, 2023

Based on the most recent Intuit QuickBooks Small Business Index, small businesses with one to nine employees in the US created 16,00 jobs in September, an increase of only 0.1325% over August.

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quickbooks 98

CPA Practice

OCTOBER 4, 2023

By Bruce Willey, JD, CPA, Kiplinger Consumer News Service (TNS) Now that the U.S. Supreme Court has agreed to take up a lower court decision on taxation ( Moore v United States ) that could open or slam the door on a federal wealth tax, it’s worth a deep dive into just how terrible a wealth tax would be for American taxpayers. First, a wealth tax, unlike every other form of individual federal tax, would be levied based on what a family is worth rather than the amount of income they received in a

Tax 94

Tax income tax Hawaii Oklahoma 94

Accounting Today

OCTOBER 4, 2023

The IRA is providing mechanisms for transferring tax credits for clean energy projects, incentivizing developers and investors to get involved, along with their tax advisors.

Tax 81

Tax 81

CPA Practice

OCTOBER 4, 2023

The Public Company Accounting Oversight Board (PCAOB) has seen its first standard-setting project with Erica Williams at the helm through from start to finish, as the regulator last month approved an updated auditing standard on confirmations. Williams, who took over as PCAOB chair in January 2022, has made it a goal for the board to update existing auditing standards that had not changed since before the PCAOB was established by the Sarbanes-Oxley Act in 2002.

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auditor audit financial statements Start-ups 59

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

Finance

Accounting Today

OCTOBER 4, 2023

In this Vendor Spotlight, we catch up with Bitwave co-founder and CEO Patrick White.

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Technology 75

CPA Practice

OCTOBER 4, 2023

By Brandon Roth. For most small and midsize businesses (SMBs), tracking expenses is a necessary – and likely painful – task. Given recent economic fluctuations, it’s understandable that many SMBs are looking for simple, efficient ways to better understand what is happening with their expenses. Cash flow is tight for many SMBs, and business owners need greater visibility into their cash flow to mitigate the impact of unexpected expenses.

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Spend Management Expense Management Account accountant 59

Accounting Insight

OCTOBER 4, 2023

Research undertaken by award-winning accounting software provider, iplicit , has revealed the top three challenges faced by UK finance-decision makers. Technical issues with outdated accounting software disrupts productivity and ultimately impacts the business and its bottom line. Choosing from a list of over 10 options, the top three frustrations UK finance decision-makers have with their existing accounting software are: It’s cumbersome to access remotely and share data with colleagues (14%) I

Finance 59

Finance accounting and finance accounting software E-commerce 59

Insightful Accountant

OCTOBER 4, 2023

The business banking platform’s contest celebrates and rewards business owners for their resilience, impact and commitment to building lasting, profitable businesses. Details inside.

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Advertiser: Paycor

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

payroll

Ryan Lazanis

OCTOBER 4, 2023

Many busy firm owners exhibit a lack of established boundaries. In such instances, clients tend to exert significant influence and negatively impact various aspects of their operations. In this episode, I shared the boundaries you need to implement in your firm for you to be in control. Listen Below. 0:51 – Recently, a coaching client with a rapidly growing firm shared his problem.

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accounted accountant Account 52

CPA Practice

OCTOBER 4, 2023

U.S. corporate finance leaders have firmly pivoted their focus from revenue growth to cost control as they navigate through an uncertain economic environment and rapidly changing business landscape, according to the 2023 U.S. Bank CFO Insights Report. The survey of more than 1,400 senior finance professionals nationwide revealed that the top two priorities are cost controls within the finance function – up from the eighth highest priority in 2021 – and cost controls across the entire business, a

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Finance Hospitality Healthcare California 52

Dent Moses

OCTOBER 4, 2023

Timely and accurate billing, along with efficient collection strategies, not only ensure a steady cash flow but also contribute to building strong relationships with clients. Let’s look at some best practices to optimize billing and collection processes. Bill Quickly: The best opportunity to collect is when your service (or product) is fresh in your customer’s mind.

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accountant accounted Account Construction 52

CPA Practice

OCTOBER 4, 2023

By Reade Pickert, Bloomberg News (via TNS). U.S. job openings unexpectedly increased in August, fueled by a surge in white-collar postings, highlighting the durability of labor demand. The number of available positions increased to 9.61 million from a revised 8.92 million in July, the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey, or JOLTS, showed Tuesday.

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Manufacturing Education Finance payroll 52

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

Account

Withum

OCTOBER 4, 2023

In this episode, Mark Eckerle dives into the world of token warrants, a convergence of traditional financial derivatives and blockchain technology.

Finance 52

Finance Technology 52

CPA Practice

OCTOBER 4, 2023

U.S. corporate finance leaders have firmly pivoted their focus from revenue growth to cost control as they navigate through an uncertain economic environment and rapidly changing business landscape, according to the 2023 U.S. Bank CFO Insights Report. The survey of more than 1,400 senior finance professionals nationwide revealed that the top two priorities are cost controls within the finance function – up from the eighth highest priority in 2021 – and cost controls across the entire business, a

Finance 52

Finance Hospitality Healthcare California 52

Shay CPA

OCTOBER 4, 2023

Because our team here at ShayCPA specializes in providing accounting services to tech companies, we spend a lot of time working with Section 41 of the Internal Revenue Code. IRC § 41 is what makes it possible to claim a tax credit for research and development, including clinical trials. In fact, this credit has pretty far-reaching implications. If you’re a biotech or medtech company, you likely need to take on clinical trials before a product goes to market.

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Technology Tax payroll tax CPA 52

CPA Practice

OCTOBER 4, 2023

The Financial Accounting Standards Board ( FASB ) will host a public roundtable on its July 2023 proposed Accounting Standards Update (ASU), Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. The roundtable will take place on Wednesday, December 13, 2023, at the FASB offices located at 801 Main Avenue, in Norwalk, Connecticut.

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Connecticut accounting standards auditor Maine 52

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Account

Cherry Bekaert

OCTOBER 4, 2023

Trust in government in the United States has dropped drastically since the 1960s, hovering as low as 20% in some recent surveys. Srikant Sastry, leader of Cherry Bekaert’s Advisory Services and Ed DeSeve, Coordinator of the Agile Government Center at NAPA (and Senior Advisor at GovNavigators) join the show to talk about their recent op-ed in GovExec titled, “ Trust in the federal government is in a tailspin.

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Government 52

CPA Practice

OCTOBER 4, 2023

Date: Monday, October 30, 2023 Time: 3 PM ET / 2 PM CT / 12 PM PT / 7 PM GMT Sponsor: Drake Software Duration: 1 Hour Receive 1 hour of free CPE credit for participating in this live webinar. Already registered for this webinar? Click here to log in. As a tax professional, you are probably aware of your responsibility for keeping your clients’ personal data safe, but do you know what that really means and how to successfully protect their privacy?

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Indiana Tax New Hampshire CPA 52

5 Minute Bookkeeping

OCTOBER 4, 2023

In today’s fast-paced digital world, bookkeepers face various challenges when it comes to marketing their services and effectively. Traditional marketing approaches can be time consuming and expensive , leaving bookkeepers searching for other solutions. One marketing solution I use and highly recommend? ChatGPT , an artificial intelligence chatbot. Today, I’ll go over ChatGPT for bookkeepers and how to become a marketing machine in 3 steps.

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bookkeeping quickbooks accounts payable Start-ups 52

CPA Practice

OCTOBER 4, 2023

The Bonadio Group, a top 50 accounting firm based in Pittsford, NY, is merging in a top 400 CPA firm—Dallas-based Howard LLP. The deal is expected to close on Nov. 1. As part of the merger, Bonadio Group will gain an additional 85 employees who work at Howard. In addition, Howard CEO Tim Pike will serve as Bonadio Group’s Dallas regional managing partner and will join the Bonadio Group’s board.

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Texas cpa firm CPA New York 52

Speaker: David Warren and Kevin O'Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

Sales