MyIRSRelief

DECEMBER 29, 2023

Employment taxes can be a complex area for businesses, especially when it comes to Form 941, the Employer’s Quarterly Federal Tax Return. This form is used to report income taxes, social security tax, or Medicare tax withheld from employee’s paychecks, and to pay the employer’s portion of social security or Medicare tax. However, mistakes can happen, and when they do, they can lead to significant tax problems.

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Accounting Today

DECEMBER 29, 2023

The Internal Revenue Service and Treasury plan to propose regulations on a requirement for a product identification number, and they're asking for comments ahead of time on the PIN requirement.

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Tax 124

CPA Practice

DECEMBER 29, 2023

In the 2024 presidential election year, you may have another important election to consider, although this one is on your personal tax return. Depending on your situation, you might elect to forgo preferential tax treatment on certain long-term capital gains and qualified dividends in favor of deducting investment interest expenses. Background : Generally, the tax law allows you to deduct the investment interest expenses you incur during the year—for example, when you buy stock on margin— but on

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Tax tax return income tax Sales 115

Accounting Today

DECEMBER 29, 2023

The Internal Revenue Service needs to make improvements to protect the health and safety of employees working at an underground file storage site, where the perils include falling rocks and broken ladders.

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Missouri Tax 122

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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Going Concern

DECEMBER 29, 2023

It’s here! The barely anticipated year-end phoning in of content look back on what news was important to Going Concern readers and Google visitors in 2023. This ranking is derived from analytics data thus is more trustworthy than the editorial team trying to remember what story was big back in March. While you’re here, let us say thanks for reading and we’ll see you in 2024.

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auditor Florida audit 111

Accounting Today

DECEMBER 29, 2023

Accounting Today's annual survey reveals firms' expectations, worries and plans for the next 12 months.

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accountant Account accounted Tax 136

Patriot Software

DECEMBER 29, 2023

Aggressive promotion, scams, and ERC mills—that’s the drama surrounding the employee retention credit (ERC). The ERC was a lifeline for small businesses struggling to stay open during the pandemic. But bad actors quickly pounced on the opportunity.

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payroll tax payroll Tax 90

AccountingDepartment

DECEMBER 29, 2023

We are thrilled to announce that Episode 9 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

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Accounting Today

DECEMBER 29, 2023

Here's what accountants and tax professionals need to prepare for next year.

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accountant Account accounted Tax 106

FraudFiles

DECEMBER 29, 2023

After completing a lifestyle analysis for a divorce case, a written report is often requested. In the below video, Tracy describes the information she puts in her written reports, which often includes things like background information, documents utilized, important estimates, and methodology used.

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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.

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Accounting Today

DECEMBER 29, 2023

The CEO of Baldwin CPAs on adaptability, local roots and remembering what it was like when you first started out.

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cpas 75

Insightful Accountant

DECEMBER 29, 2023

Our hopes are that all your ambitions be fulfilled and your dreams become reality during 2024. Oh, and may you be recognized in the 2024 ProAdvisor Awards!!! (How could we forget that.

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inDinero Accounting

DECEMBER 29, 2023

If you are a new business owner wondering, “What is cash flow?” you’re not alone. The finance world is full of jargon and complex concepts that can be hard to keep track of. Fortunately, cash flow is a relatively easy concept to understand. Briefly, cash flow refers to the movement of money in and out of a business, reflecting the company’s health and liquidity.

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Non-Profits accounting and finance Finance financial statements 52

Accounting Today

DECEMBER 29, 2023

Plus, FAF appoints members to Governmental Accounting Standards Advisory Council; PCAOB names next CIO; and more news from across the profession.

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accounting standards accountant Account accounted 60

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

financial statements

CPA Practice

DECEMBER 29, 2023

Randy Johnston and Brian Tankersley, CPA, talk about the technology changes and new products they expect to see in the coming year. Use the podcast player below to listen. Transcript (Note: There may be typos due to automated transcription errors.) SPEAKERS Randy Johnston, Brian F. Tankersley, CPA.CITP, CGMA. Intro: Welcome to the technology lab presented by CPA Practice Advisor with your hosts, Randy Johnston and Brian Tankersley.

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Technology quickbooks cpa firm CPA 59

Accounting Today

DECEMBER 29, 2023

We've asked a lot of humans what they think of AI. What do the AIs say?

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Technology 75

Accounting Today

DECEMBER 29, 2023

Artificial intelligence will be doing a lot of the work that accountants currently do — but you can decide which work that is.

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accountant Account accounted Technology 61

Accounting Today

DECEMBER 29, 2023

The ERP software and IT consulting provider is adding expertise in Sage 100, Sage 50 and Sage BusinessWorks.

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Technology 61

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

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