Accounting Today

MAY 23, 2024

Traditional audits may hinder business growth potential as accounting firms are slow to embrace modern approaches, according to an Inflo report.

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Going Concern

MAY 23, 2024

You’re scaring the children! Stories about the AICPA are like buses, you don’t see one for an hour weeks and then three show up at once. Today I come bearing a gift from this Journal of Accountancy article about new AICPA Chair Carla McCall, CPA, CGMA. Let’s see what “New AICPA chair: ‘We need to promote the cool work we do’” has to offer us.

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Accounting Today

MAY 23, 2024

Test your accounting knowledge on AI job opportunities, M&A, and more. No. 2 pencil not required!

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Account accounted accountant 133

CPA Practice

MAY 23, 2024

By Dee DePass, Star Tribune (TNS) Employers are pushing back and asking for more time before implementing new federal overtime rules that will require them to pay overtime to more workers. The new Department of Labor rules take effect in two stages. Normally, employers can opt not to pay their salaried, white-collar employees “time and a half” for overtime hours worked, provided those employees make at least $35,568 a year.

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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

MAY 23, 2024

The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate.

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audit Tax 132

Cherry Bekaert

MAY 23, 2024

Expansion of the Production Tax Credit and Investment Tax Credits The Inflation Reduction Act (IRA) included a range of energy tax credits designed to encourage transitioning to clean energy production, advanced manufacturing, the adoption of clean vehicles (CVs), and reduced greenhouse gas emissions through alternative fuels and energy-efficient technologies.

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Tax Real Estate Manufacturing Construction 105

Insightful Accountant

MAY 23, 2024

Scaling New Heights® conference will be held June 16-19, 2024, in Orlando, Florida and will feature some of the most inuential and dynamic voices in accounting, bookkeeping, and business to encapsulate their theme of “Boldly Go”.

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Florida bookkeeping Account accountant 104

Accounting Today

MAY 23, 2024

The private equity giant acquired the accounting software firm in 2019.

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accounting software accountant accounted Account 119

AccountingDepartment

MAY 23, 2024

We are thrilled to announce that AccountingDepartment.com has been awarded a spot on the Woodard 2024 Top 50 Accounting Services Practice list. Earning this distinction is a testament to AccountingDepartment.com's commitment to excellence for its clients.

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Account accounted accountant 85

Accounting Today

MAY 23, 2024

Barriers keep CPAs, attorneys, financial advisors and brokers from communicating effectively for their client's benefit — and the benefits of collaboration are significant.

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cpas 107

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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

CPA Practice

MAY 23, 2024

Tax season is finally over. You’ve worked diligently and spent long nights trying to meet the deadlines and demands of 82% of clients who want more from accounting professionals. I know the sigh of relief you feel once the rush is over. First and foremost, take time to rest – you deserve it. Once you feel like you’re back to your old self and have rested enough, it’s time to reflect on how the season went: What went well?

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Tax Technology Education CPA 78

Accounting Today

MAY 23, 2024

Available technology solutions could boost professionals' efficiency in serving their clients — but only if financial advisors and their customers are open to them.

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Tax 95

SkagitCountyTaxServices

MAY 23, 2024

This past weekend, Ed Dwight — age 90, became the oldest person to travel to space. Six decades ago, he was on a trajectory to become the first Black astronaut in space, but ultimately was passed over. The space exc ursion certainly cements the old adage “It’s never too late to pursue your dream.” Dwight’s once-in-a-lifetime experience has birthed new dreams — he wants to orbit the whole earth now.

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Account accounted accountant accounting and finance 77

Accounting Today

MAY 23, 2024

Intuit will cease support for QuickBooks Desktop 2021 starting next Friday, May 31

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quickbooks 94

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

Withum

MAY 23, 2024

There is no doubt that artificial intelligence (AI) is going to revolutionize the legal industry, offering unprecedented tools to enhance the efficiency and effectiveness of a law firm’s operations. However, AI adoption without a proper roadmap is likely a recipe for disaster. The usage of generative AI in the courtroom has already sparked controversy across the industry, especially when implemented without a well-thought-out strategic road map.

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Accounting Today

MAY 23, 2024

Collared; gone deep; to protect and disserve; and other highlights of recent tax cases.

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Tax tax preparation 78

Going Concern

MAY 23, 2024

CohnReznick has picked up former PwC principal Daniel Rinke for its international tax practice and issued a very flowery press release. Based in Massachusetts, Rinke has more than two decades of international tax experience, notably involving cross-border transactional and operational planning for multinational corporations. His diverse industry experience includes pharmaceutical, biotech, manufacturing, chemicals, semiconductors, retail, and finance.

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Tax Pharmaceutical Minnesota Massachusetts 64

Accounting Today

MAY 23, 2024

Tourists are expected to generate a record $4.9 billion in sales and other tourism-related tax revenue in the current fiscal year, a 16% jump from 2020.

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New York Tax Sales 72

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

CPA Practice

MAY 23, 2024

This webinar will be held on Tuesday, June 11, 2024 Sponsor: Canopy Software Duration: 1 Hour Register Now CPE Course Description: This course offers a roadmap for starting and continuing to grow your own accounting or bookkeeping firm, with a focus on scalability and efficiency from the outset. Learn how to shape your business for long-term success, navigating through the crucial early stages and implementing effective growth strategies.

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bookkeeping accounting firms Account accounted 59

Accounting Today

MAY 23, 2024

President Biden's son had been scheduled to go on trial on June 20 on charges he failed to pay $1.4 million in taxes from 2016 to 2019.

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Tax 72

Withum

MAY 23, 2024

In my last blog, I walked you through my integration journey between Microsoft 365 and Google Workspace , as well as the switch from Okta to Microsoft Azure AD/Entra ID as an identity provider. In this second blog, I will share lessons learned on this process so you can tackle similar projects successfully. Please note that Microsoft Azure AD, also referred to as Microsoft Active Directory, is now known as Entra ID.

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accountant accounted Account 59

Going Concern

MAY 23, 2024

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 skilled remote accountants without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires. FTE Senior Tax and Accounting | Candidate ID #20455103 Certifications: CPA in progress Education: BA, Accounting & Business Administration Experience (years): 4+ ye

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Real Estate Account accounted accountant 59

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

Insightful Accountant

MAY 23, 2024

Under the SECURE 2.0 Act, small businesses offering qualified retirement plans like 401(k)s may now qualify for tax credits to reduce plan costs.

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Tax 59

CPA Practice

MAY 23, 2024

The American Institute of Certified Public Accountants and the Chartered Institute of Management Accountants have announced the keynote speakers and key events for this year’s 2024 ENGAGE , the largest annual educational and networking event for accounting and finance professionals. The event will be held June 3-6, 2024, at the Aria Resort and Casino in Las Vegas.

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accounting and finance public accounting CPA Education 59

Cherry Bekaert

MAY 23, 2024

Not-for-Profits face staffing challenges in their accounting and finance functions, leaving many organizations overstretched and unable to focus on their mission’s most important tasks. This webinar covers current staffing trends and how NFPs creatively address their staffing needs. Learning Objectives: Understand current trends in NFP accounting and finance staffing Identify options other NFP’s are using to address the staffing shortage Recognize opportunities to co-source or outsource pa

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accounting and finance Finance Account accountant 52

Insightful Accountant

MAY 23, 2024

Sage has confirmed its net-zero targets have been validated by the Science Based Targets initiative (SBTi).

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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

LSLCPAs

MAY 23, 2024

Imagine your parents work all their lives to grow and develop a successful business. The intention is to pass it down to their children, keeping it in the family, providing for the family long after they have passed. When that time comes, the value of their estate is large enough that estate tax is due. The post Preserve Generational Wealth by Delaying Payment of Estate Tax with IRS Code Section 6166 appeared first on LSL CPAs.

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Tax cpas 52

Insightful Accountant

MAY 23, 2024

Murph recalls growing up with memories of Memorial Days and understanding what the holiday truly meant.

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Summit CPA

MAY 23, 2024

Recording systems your business uses in its operations are integral to business growth. All businesses have systems that allow them to deliver services or products. These systems involve processes staff members must follow to achieve a desired outcome. These processes may be as simple as documenting how your administrative assistant should answer calls and capture messages to more complex procedures, such as successfully onboarding a client.

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CPA Practice

MAY 23, 2024

Ignition , a revenue generation platform for accounting and professional services, has announced the appointment of Greg Strickland as its global president. Strickland brings over 15 years of invaluable experience in the technology industry, having held prominent roles at global tech firms such as Box, Productboard and Periscope Data, alongside advisory positions with emerging startups like Loom, Preset, and Grain.

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