Sun.Nov 10, 2024

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IRS Updates FSA Contribution Limits and Carryovers for 2025

CPA Practice

As healthcare enrollment and renewal season continues, the Internal Revenue Service is reminding taxpayers that if they use flexible spending accounts (FSAs), they may be eligible to use tax-free dollars to pay medical expenses not covered by other health plans. An employee who chooses to participate in an FSA can contribute up to $3,300 through payroll deductions during the 2025 plan year.

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We’re extending the availability of classic invoicing to 27 February 2025

Xero

Earlier this year we announced the farewell of our classic invoicing product to pave the way for something new, and to allow us to build more of the invoicing features you have been asking for, on a single platform going forward. We’re confident that this change is the right move longer term for you and your business to gain more invoicing features faster.

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Autumn Budget 2024: Key Takeaways for Care Homes

Menzies

Menzies LLP - A leading chartered accountancy firm. Budget impact on care homes The Budget 2024 has introduced a raft of policies and financial measures aimed at addressing economic instability and promoting growth. However, these measures may inadvertently have a significant negative impact on care home businesses, which are already grappling with a series of challenges in a sector that is crucial for vulnerable populations.

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How to tackle the top four challenges of running an agency or firm

Xero

When building a professional services business such as an accounting firm, creative agency, architecture firm or consultancy, there are four common challenges you’ll likely face: managing your ever-growing list of projects, tracking billable hours, getting paid on time and keeping a handle on your cash flow and revenue forecast. Fortunately, if you’re aware of these challenges, you can put processes and technology in place to help you manage all the moving parts as you grow and stay in control o

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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.

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The BooXkeeping Story: From Startup to National Bookkeeping Franchise with Max Emma

Insightful Accountant

Join Gary as he welcomes Max Emma, CEO of BooXkeeping, who shares the inspiring journey of BooXkeeping — from a local startup in 2011 to becoming the only bookkeeping franchise across the U.S., serving over 100 franchise brands.