Insightful Accountant
NOVEMBER 1, 2024
Small and midsize businesses (SMBs) are turning to cloud accounting platforms for automation and streamlined accounting. But many find them insufficient for advanced reporting and data analysis.
MyIRSRelief
NOVEMBER 1, 2024
S Corporations: Tax Preparation, Tax Planning, and the Benefits of Professional Tax Help S Corporations , often referred to as S Corps, are a popular business structure in the United States, particularly among small to medium-sized businesses. They offer a unique blend of benefits, including pass-through taxation and limited liability protection. However, navigating the tax landscape for S Corps can be complex.
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Accounting Today
NOVEMBER 1, 2024
The amount individuals can contribute to their 401(k) plans in 2025 has increased by $500 to $23,500, up from $23,000 for 2024, but the IRA limit remains $7,000.
CPA Practice
NOVEMBER 1, 2024
Hosts Brian Tankersley, CPA, and Randy Johnston review Syft Analytics , which lets professionals generate everything from reports through integrated forecasts and consolidations, to make better business decisions with their financial data. Watch the video, or listen to the audio podcast below (transcript below): Or use the below podcast player to listen: Transcript (Note: There may be typos due to automated transcription errors.
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.
Accounting Today
NOVEMBER 1, 2024
Researchers found that auditors with greater honesty-humility are more likely to prioritize professional integrity and report financial infractions.
Inform Accounting
NOVEMBER 1, 2024
We have been made aware of the start of criminal activity using both text messages and emails to try and steal bank details by playing on older people's concerns about the Winter Fuel Payment.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
CPA Practice
NOVEMBER 1, 2024
Forvis Mazars, ranked among the largest public accounting and consulting firms in the United States, is expanding its presence in Florida with the addition of MSL, effective November 1. MSL has a 50-year legacy of building deep relationships with its clients across Florida. This strategic acquisition significantly bolsters Forvis Mazars’ growing presence in the state by adding approximately 120 professionals, including 14 partners, and three new office locations in Orlando, Fort Lauderdale, and
Accounting Today
NOVEMBER 1, 2024
EY unveils GenAI insights platform 'EY Competitive Edge'; Withum rolls out cloud-based audit platform; SafeSend's new Client Portal uses PIN instead of password; and other accounting tech news and updates.
CPA Practice
NOVEMBER 1, 2024
SafeSend, the leading provider of automation technology for tax and accounting professionals, announced Client Portal, a new feature within its flagship product, SafeSend One. Client Portal provides taxpayers with a dashboard to seamlessly manage all tasks and documents throughout the tax lifecycle, addressing key challenges for both firms and their clients.
Accounting Today
NOVEMBER 1, 2024
Forvis Mazars acquires MSL; Blue & Co. merges in Mellen, Smith, and Pivoz; LGA adds Comolli; RBSK Partners acquires Hash CPA Group.
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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.
Cherry Bekaert
NOVEMBER 1, 2024
In early 2020, the International Association of Fire Chiefs (IAFC) realized its financial reporting needed to be timelier and more accurate. The not-for-profit membership association partnered with Cherry Bekaert for a comprehensive diagnostic assessment of its people and technology, which led to outsourced accounting services and the implementation of Sage Intacct accounting system, along with bill pay, expense reporting and budget systems.
Accounting Today
NOVEMBER 1, 2024
UHY launches global rebrand; IRS selects first associate chief counsel for the newly created passthroughs, trusts and estates office; and more news from across the profession.
Accounting Insight
NOVEMBER 1, 2024
New research released today, by UK accounting software provider iplicit, has revealed that the fear of losing historical financial data is the major barrier to upgrading from legacy accounting systems. iplicit has surveyed the views and opinions of 1000 UK finance decision-makers, with 42% admitting they are reluctant to change their accounting system because they fear they will lose critical historical data – a rise from 26% in 2023.
Accounting Today
NOVEMBER 1, 2024
As private equity floods in, accounting is at the beginning of a great experiment around money and control.
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.
Going Concern
NOVEMBER 1, 2024
Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default.
Accounting Today
NOVEMBER 1, 2024
The megadeal creates a combined firm with approximately $2.8 billion in annual revenue.
ThomsonReuters
NOVEMBER 1, 2024
← Blog home Global indirect tax and e-invoicing compliance is more critical than ever, with corporations needing to navigate a complex web of regulations and mandates. For global companies, the stakes are high: non-compliance can result in substantial financial penalties, increased audit risk, and reputational damage. Given these potential pitfalls, ensuring a robust and adaptable tax compliance strategy is essential for maintaining a competitive edge.
Cherry Bekaert
NOVEMBER 1, 2024
View Full Report The Regulatory Compliance Digest’s October issue provides a summary of the latest updates from FinCEN, CFPB, FDIC, OFAC and federal bank regulatory agencies. This issue also includes hot topics in the regulatory compliance space and guidance on how financial institutions can prepare for 2025 compliance challenges. The Regulatory Compliance Digest is intended to keep you informed of regulatory changes in advance of their effective date, so your institution can evaluate changes or
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.
Insightful Accountant
NOVEMBER 1, 2024
Recently, Intuit’s ProAdvisor program was reimagined to deliver additional value to accountant partners through refreshed points and benefits. Intuit is now taking the transformation a step further by reimagining the ProAdvisor certification journey.
Summit CPA
NOVEMBER 1, 2024
One of the most frequent questions I receive as a virtual CFO is “How is what you do any different than my CPA ?” Or maybe a bit more generally “What is the difference between a CFO and a CPA ?” “Do I need both?
Inform Accounting
NOVEMBER 1, 2024
After a damning verdict on the inheritance of the public finances from the previous conservative government, the Chancellor, Rachel Reeves, has delivered the first Labour budget in over 14 years.
FraudFiles
NOVEMBER 1, 2024
When a closely-held business is part of a divorce, the income of the business must be examined. It is not unusual for a business like this to suddenly see a decline in revenue, and increase in expenses, or both shortly after divorce is filed. It is often not a coincidence that the financial health of [.
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 Practice
NOVEMBER 1, 2024
This webinar will be held on Monday, November 18, 2024 at 1:00pm ET Sponsor: Drake Software Duration: 1 Hour Register Now Upon completion of this session, you will be able to: Discuss strategies for confidently setting fair prices that reflect the value you provide. Summarize the ways in which identifying and concentrating on a niche market can drive business growth and improve the client experience.
Randal DeHart
NOVEMBER 1, 2024
Procrastination can be a formidable foe for small business owners. With endless responsibilities, it's easy to fall into the trap of putting off important tasks for later. The fast-paced construction world can lead to missed deadlines, increased costs, and frustrated clients. Delayed decisions and unfinished tasks not only affect timelines but can also impact budgets and client satisfaction.
Accounting Insight
NOVEMBER 1, 2024
Partnership Gives Syrinx Users A Cloud-Based Accounting Solution Point of Rental announced a new integration between Syrinx and AccountsIQ , providing hire businesses with a powerful, cloud-based financial management solution. Designed for companies outgrowing their entry-level systems, AccountsIQ offers advanced financial capabilities without the complexity or cost of a full ERP.
CPA Practice
NOVEMBER 1, 2024
The contribution limit for 401(k) retirement plans is going up in 2025 — but not for individual retirement accounts, the IRS announced on Nov. 1. The amount individuals can contribute to their 401(k) plan in 2025 will increase to $23,500, up from $23,000 in 2024 , according to the tax agency. The increase covers those who participate in 403(b) and most 457 plans, as well as the federal government’s Thrift Savings Plan.
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
Ronika Khanna CPA,CA
NOVEMBER 1, 2024
Having a dynamic, regularly updated sales forecast can be essential to the success of a small business. By forecasting your sales revenue you are helping to control for its unpredictability, an inherent risk in any business venture, and prepare for the decisions that are essential to your business profitability. Whether your sales are increasing, decreasing or static, it is always better when decisions are made proactively rather than reactively.
CPA Practice
NOVEMBER 1, 2024
While employers are taking steps to support employees’ physical and mental well-being, there is a disparity between the focus of employer well-being programs and what employees need the most. This is according to the latest Well-being Diagnostic Survey by WTW, a leading global advisory, broking and solutions company. The survey found U.S. employers are prioritizing support for mental (73%) and physical (50%) well-being.
Cherry Bekaert
NOVEMBER 1, 2024
Watch our webinar on Opportunity Zone (OZ) exit planning, where we discuss how to prepare for the endgame in OZ investing. We cover key considerations for selling an Opportunity Zone business or property, including maximizing your return on investment and reinvesting your capital into new projects. Our advisors provide valuable insights and strategies to help you navigate the complex world of Opportunity Zone investing and ensure a successful exit strategy.
ThomsonReuters
NOVEMBER 1, 2024
During a bipartisan media roundtable event held by law firm K&L Gates on October 30, 2024, a question was posed to the panelists regarding some overlapping tax proposals floated by both presidential candidates along the campaign trail, such as the idea of exempting tips from taxation, and whether there might be the potential for bipartisan agreement on any of these promises in Congress regardless of the outcome of the election on November 5.
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