Accounting Today

JULY 25, 2024

Companies that lag in making payments more streamlined have the potential of risking customer dissatisfaction and falling behind competitors.

Technology 94

Technology accounting software accountant accounted 94

CPA Practice

JULY 25, 2024

The years following the pandemic have seen increases in local and other small jurisdictional sales taxes, as well as new taxes and fees, as municipal governments across the country respond to economic pressures, and tightening state budgets have raised the need for revenue at the local level. The 2024 Mid-Year Sales Tax Rates and Rules report, commissioned by Vertex Inc., outlines the evolving landscape of local tax implementation, proliferation of fees, and increasing complexity of tax complian

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Government Sales Tax Education 118

Accounting Today

JULY 25, 2024

The Internal Revenue Service reported further progress on offering more online tools and expanded taxpayer service.

online accounting 131

online accounting Account accounted accountant 131

CPA Practice

JULY 25, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, take a look at Canopy , a firm-wide operating system that let’s you do the same amount of work you have today, with the talent you have, but in less time, with less stress, and while creating better client experiences. Use the video player below to watch, or the podcast player below to listen to the podcast.

Technology 111

Technology Tax Account accounted 111

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

Accounting Today

JULY 25, 2024

The PCAOB issued its annual report on its audits of brokers and dealers and noted that it's seeing at least one deficiency in 70% of the 103 audit engagements it reviewed in 2023.

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audit 124

Going Concern

JULY 25, 2024

We’ve made the editorial decision not to use the PwC Chad image for this article even though that would be ironically funny. In a lawsuit filed on July 22, former PwC principal, FinTech magazine top woman in fintech, and 55-year-old Asian-American Nina Owens alleges that she was ousted from the firm one day before her five-year anniversary “that would have afforded her greater job protection and full vesting of her 401(k) account.” This despite exceeding revenue targets and hig

New York 110

New York CPA accounted Account 110

Going Concern

JULY 25, 2024

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 Senior Tax and Accounting | Candidate ID #22044344 Certifications: CPA in process Education: BS Accounting Experience (yea

Real Estate 105

Real Estate Account accounted accountant 105

Patriot Software

JULY 25, 2024

Tracking your employees’ time worked ensures you pay them accurately and comply with labor laws. Although you can use whatever method you want, you need a dependable and organized system, especially as your business grows. Learn how to track employee hours with time and attendance software and other alternatives. Why does tracking employee hours matter?

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payroll 78

Going Concern

JULY 25, 2024

TLDR Assurance is out, Advisory is in. CPA Journal has published an intriguing deep dive into Big 4 revenue , specifically how the firms started making more money in advisory than audit or tax in the last 10+ years. You should go read it if this is at all interesting to you but we’re just going to focus on two charts because the Going Concern audience, and its editorial team, have the attention span of squirrels that got into a case of Red Bull.

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audit tax services auditor CPA 104

Insightful Accountant

JULY 25, 2024

Quarterly update highlights expansion on individual, business online accounts; Document Upload Tool hits 1 million submissions and more amended returns can be filed electronically.

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online accounting Account accountant accounted 83

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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

Accounting Today

JULY 25, 2024

UBS Group AG was asked by a powerful U.S. lawmaker about whether the bank it acquired, Credit Suisse Group, failed to report an American accused of evading taxes on $350 million in income.

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Tax 83

SkagitCountyTaxServices

JULY 25, 2024

Sometimes I have to smack my head when I see what passes for “tax advice” online. In the next round of “Don’t believe everything on social media”, there’s now a scam going around about a self employment tax credit. The influencers claiming this say you can get pandemic era payouts similar to the Employee Retention Credit. But, the credit actually being referred to is a much more restrictive one that relates to specific sick leave and family leave situations that occurred in 2020 and 2021.

Gaming 81

Gaming CPA Tax 81

CPA Practice

JULY 25, 2024

A report issued today by the Association of International Certified Professional Accountants representing AICPA & CIMA and North Carolina State University’s Enterprise Risk Management (ERM) Initiative found that 65% of senior finance leaders agree that the volume and complexity of corporate risks have changed “mostly” or “extensively” over the last five years.

North Carolina 64

North Carolina accounting and finance Finance Education 64

Accounting Today

JULY 25, 2024

A recent survey of tax professionals has found that practitioners hold both excitement and concerns about generative AI, though there is slightly more of the latter than the former.

Tax 61

Tax 61

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

Cherry Bekaert

JULY 25, 2024

Is your company and its supporting technology ready for Cybersecurity Maturity Model Certification (CMMC) 2.0 compliance? Watch our panel discussion to learn the latest on what’s happening now with CMMC: new updates, legal risk areas, data security considerations and what contractors can do in preparation. Don’t underestimate the time and resources required for compliance.

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Legal Gaming 59

Accounting Insight

JULY 25, 2024

From today, businesses in the UK can access Lightyear’s new business accounts and start putting their money to work through cash interest and investments on the platform. This comes as the neobroker releases analysis on new Bank of England data highlighting the increase in the total amount of cash British businesses hold – nearly half a trillion pounds – but the near-to-nothing interest rate the majority of it gets.

business accounting 59

business accounting Account accounted accountant 59

Insightful Accountant

JULY 25, 2024

Murph looks at the enhancements to QuickBooks Online that resulted from Intuit's acquisition of TradeGecko.

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quickbooks 52

AccountingDepartment

JULY 25, 2024

In the world of finance, the month-end-close process is akin to the grand finale of a well-orchestrated performance. Every note must be in tune, every movement precise, and any slip-ups must be corrected before the curtain falls.

Finance 52

Finance accountant accounted Account 52

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

Withum

JULY 25, 2024

The Research & Development (R&D) Tax Credit is one of the most lucrative tax incentives that companies can take advantage of to lower their federal and state tax liability or offset their quarterly payroll taxes (i.e., FICA, Medicare). To properly calculate the R&D tax credit, you must calculate the total amount of U.S.-based qualified research expenses your company has for the credit year.

payroll tax 52

payroll tax Tax California payroll 52

LSLCPAs

JULY 25, 2024

Selling a home can result in a significant capital gains tax liability, but there are several ways to reduce this burden. Here are four effective strategies to minimize capital gains on the sale of your home: Qualify for the Home Sale Exemption Deduct the Purchase Cost of the Home Deduct Closing Costs and Fees from. The post 4 Ways to Reduce Capital Gains on the Sale of Your Home appeared first on LSL CPAs.

Sales 52

Sales cpas Tax 52

CPA Practice

JULY 25, 2024

Cloud ERP provider Acumatica has announced a new program designed to increase its reach in identifying small and mid-sized businesses that would benefit from cloud-based business management solutions. The no-cost Alliance Program , launched this week, aims to drive co-innovation for growth, foster collaboration at scale and invest in the future. By partnering with industry, technology and finance experts, Acumatica will enhance efficiency and drive operational excellence, supporting businesses a

Technology 52

Technology accounting and finance accounting firms Finance 52

Summit CPA

JULY 25, 2024

Likely, if you’ve come across the term CFO firm , you’re a small business owner or entrepreneur looking for a trusted financial expert. In this blog post, we will help you determine what a CFO firm does, and if this type of accounting firm might be the right fit for your business.

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accounting firms accounted Account accountant 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

Accounting Insight

JULY 25, 2024

Jersey based software company ClientWindow, which launched in 2023, may be relatively new but it is making significant waves in both the communications arena and in financial services, with accountants and bookkeepers especially experiencing the benefits. What’s more, it has just released a brand new feature which will have a significant impact on how teams communicate with their clients by linking WhatsApp to business email.

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bookkeeping Technology chartered accountant accounting and finance 52

FraudFiles

JULY 25, 2024

One of the hot things in the area of divorce, especially for high net worth clients, is using a law firm that has forensic accountants on staff. Sometimes the divorce attorneys themselves have credentials in the area of forensic accounting, such as a CPA license, CFE (Certified Fraud Examiner) credential, or CFF (Certified in Financial [.

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forensic accounting Account accounted accountant 52

Xero

JULY 25, 2024

It feels like the magical two days that were Xerocon London just happened, and we’re already preparing to hit the road again for Xerocon Nashville this August! It’s the perfect time to not only meet some of the apps being exhibited at this year’s Xerocon, but hear real-life stories on how connecting apps with Xero can streamline your work and expand your possibilities.

bookkeeping 84

bookkeeping Spend Management account management accounting manager 84

Insightful Accountant

JULY 25, 2024

Float’s new Airwallex-powered Bill Pay product expands its leading end-to-end payment solution for Canadian businesses. Embedding Airwallex’s global infrastructure helped Float efficiently bring the product to market.

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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 25, 2024

Thanks to the funding it received from the Inflation Reduction Act, the IRS said it has continued to make significant enhancements to online taxpayer services, including adding six new features to the Individual Online Account, a Spanish version of the Business Tax Account tool, and more amended business forms that can be filed electronically, the agency said on July 25.

online accounting 119

online accounting tax accountant Tax audit 119

CPA Practice

JULY 25, 2024

IRS Commissioner Danny Werfel told reporters on July 24 that he’s “fairly optimistic” a recent Supreme Court decision won’t deter future efforts by the agency to provide improved services for taxpayers. Last month, the Supreme Court gave judges more power to block new regulations if they are not clearly authorized by federal law. The court’s conservative majority on June 28 overturned a 40-year-old rule, known as the Chevron doctrine , that said judges should defer to agencies and their regulati

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Legal Tax Government 114