Accounting Today

MARCH 12, 2024

Despite a later start, tax filing is proceeding apace — though there are some unresolved issues.

Tax 122

Tax tax preparation 122

TaxConnex

MARCH 12, 2024

Since the first adding machine showed up on counters to help shopkeepers tack on the correct sales tax, automation has been part of compliance. Now the buttons and the lever have given way to behind-the-scenes software and automatic functionality. Good thing, too, as sales tax has evolved beyond a static percentage to involve thousands of tax jurisdictions and ever-changing calculations.

E-commerce 264

E-commerce Technology tax return Sales 264

BurklandAssociates

MARCH 12, 2024

Clean Energy startups and other grant recipients have all the usual accounting requirements, plus additional grant compliance responsibilities. The post Grant Compliance 101 for Startups appeared first on Burkland.

accounted 162

accounted Account accountant 162

Accounting Today

MARCH 12, 2024

The pilot program is expanding in the 12 states where it's available.

Tax 131

Tax 131

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

CPA Practice

MARCH 12, 2024

January 2024 had the highest percentage of employees making paid time off (PTO) requests since the beginning of 2019, according to the BambooHR Workforce Insights Report. The data, pulled from the BambooHR platform, also shows that the average number of employee performance reviews in companies is increasing annually and hiring is now outpacing turnover.

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Oklahoma Utah Healthcare Construction 111

Accounting Today

MARCH 12, 2024

While every company is different, there are 12 operational areas distressed businesses often miss, which can foretell a deteriorating financial condition.

Management Consulting 129

Management Consulting accountant accounted Account 129

Accounting Today

MARCH 12, 2024

Criminals are exploiting networks of innocent people to move illicit funds between bank accounts, currencies and blockchains in an effort to evade law enforcement.

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Account accountant accounted Tax 126

Accounting Insight

MARCH 12, 2024

Wolters Kluwer has unveiled a cloud-based anti-money laundering (AML) product in the UK that will drastically simplify and accelerate AML and know-your-customer (KYC) compliance processes for accounting teams, according to feedback from client testing of the software. Using CCH iFirm AML – the first module to be introduced within Wolters Kluwer CCH iFirm, a new cloud-based tax and accounting platform that launched in the UK last week – the average time taken to run an AML data check is one minut

tax return 105

tax return audit Tax accounting firms 105

CPA Practice

MARCH 12, 2024

By Kit Eaton, Inc. (TNS) AI systems can advise you on the future of your business, generate PR-ready images, videos, and music, and thanks to Microsoft’s efforts, help you be more productive. What AI cannot help your business with, it seems, is tax prep. An investigation by The Washington Post tested new built-in AI systems offered by TurboTax and H&R Block, and found that they were frequently unhelpful and often just plain wrong when it came to offering advice.

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Tax Washington Legal audit 105

Insightful Accountant

MARCH 12, 2024

If you're into revenue recognition you better reconnoiter our upcoming QB Talks on Wednesday, March 20, 2024 at 2:00 PM Eastern when Alicia Katz Pollock will teach you all about this new feature in QBO Advanced.

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105

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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

MARCH 12, 2024

Updated March 12, 2024. (Originally published March 4, 2024.) A federal district court in Alabama has found the Corporate Transparency Act (CTA), which includes the controversial Beneficial Ownership Information reporting requirements, to be unconstitutional. The court document includes the statement that the CTA, “exceeds the Constitution’s limits on the executive branch.

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Alabama Government Legal Tax 98

Insightful Accountant

MARCH 12, 2024

In this episode,Roman Kepczyk, a CPA and director of firm technology strategy at Rightworks, discusses the importance of security in accounting firms.

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accounting firms Account accounted accountant 103

CPA Practice

MARCH 12, 2024

By Dave Eisenstadter, masslive.com (TNS) Did you end up unexpectedly owing money on your taxes this year? Statistics from the IRS ending on March 1 indicate you’re not alone. Compared with a similar point in the tax season the previous year, there have been nearly 6 million fewer refunds, IRS records show. By March 3, 2023, 42,040,000 refunds had been issued compared with 36,288,000 by March 1 of this year, a difference of 5.75 million or nearly 14%.

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Tax income tax tax return 98

Accounting Today

MARCH 12, 2024

A recent survey from Gartner found that few audit executives report using generative AI in their department, but many say they expect to do so in the future.

audit 94

audit Technology 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

AccountingDepartment

MARCH 12, 2024

Non-profit organizations often stand at the frontier of social change, operating with the noblest of causes but facing challenges unique to their sector, particularly in the financial realm. With a mission-driven focus and often a limited budget, navigating the complex financial landscape of a non-profit can be daunting.

Non-Profits 93

Non-Profits bookkeeping services NetSuite bookkeeping 93

GrowthForceBlog

MARCH 12, 2024

9 min read Nonprofit organizations do not pay taxes, so they are not subject to audits performed by the Internal Revenue Service. Audits, however, are still sometimes required for nonprofit organizations by federal, state, or local entities.

audit 92

audit accounting and finance Finance accounting firms 92

Accounting Today

MARCH 12, 2024

Company leaders think their employees and customers trust them more than they actually do, according to PwC's Trust Survey.

accountant 81

accountant accounted Account 81

CPA Practice

MARCH 12, 2024

[ State CPA Societies in Action is a series of articles spotlighting the varied educational, advocacy, networking and professional activities of the state CPA societies across the U.S.] Montana may have one of the 10 smallest populations of the U.S. states, but professional CPAs in Big Sky Country have a vibrant and active professional association with nearly 1,500 members.

Montana 64

Montana cpas CPA Education 64

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

Accounting Today

MARCH 12, 2024

Arvo Tech, a tax strategy technology provider for small businesses, has acquired Mark Murphy & Associates and Lee & Associates.

Technology 75

Technology accounting firms Account accounted 75

Withum

MARCH 12, 2024

Women within the Financial Services Industry share advice on work-life integration and how they incorporate it into their own lives. The term Renaissance Man was coined in the 1400s by Leon Battista Alberti, the initiator of Renaissance art theory. The term, still used today, embraces being well-rounded, consistently challenging oneself to continue to grow and improve in all facets of one’s life, and is still a sought-after ideal in our culture.

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Accounting Today

MARCH 12, 2024

Changes in rates and rules at every level require advisors to stay on their toes.

Sales 72

Sales Tax 72

Accounting Insight

MARCH 12, 2024

Chaser, the global credit control automation platform and service provider, today announced its integration with Oracle Netsuite® Software (“Netsuite”), a cloud-based enterprise software company that provides products and services tailored for small and medium-sized businesses including accounting and financial management. This new integration makes it efficient and cost-effective for organizations using Netsuite to automate their accounts receivable and credit management process.

NetSuite 59

NetSuite Technology accounted Account 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

Accounting Today

MARCH 12, 2024

A Brazilian-American businessman who lives in Florida was charged with using Credit Suisse Group AG, UBS Group AG and other Swiss banks to hide more than $20 million in assets from U.S. tax authorities over 35 years.

Tax 72

Tax Florida 72

Anders CPA

MARCH 12, 2024

With the unprecedented, rapid rise in interest rates, financial institutions must grapple with the growing impact on commercial real estate appraisals. The approach an appraiser uses to determine capitalization (cap) rates of non-owner-occupied properties can create artificially low cap rates based on what existed a year or two ago. Loan officers, appraisal reviewers, management at financial institutions and borrowers or investors need to understand how an appraiser arrives at a cap rate calcula

Real Estate 59

Real Estate Sales CPA Retail 59

Accounting Today

MARCH 12, 2024

The agency had intended to block access to tax data by most lenders on June 30 as part of a policy change that sought to protect taxpayer privacy. But drew broad opposition from the financial services industry.

Tax 60

Tax 60

CPA Practice

MARCH 12, 2024

The McDonagh Bauers Private Wealth Team, formerly of Alex Brown, a division of Raymond James, has joined Ashton Thomas Private Wealth, an Arax Investment Partners firm. The team had $500M in assets under management while at Alex Brown. “We are delighted to join Ashton Thomas Private Wealth and introduce our clients to resources and capabilities they offer,” states Ted McDonagh, Managing Director and Partner.

New York 52

New York 52

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

Accounting Today

MARCH 12, 2024

R&D and China; billable versus subscription; trailblazers; and other highlights from our favorite tax bloggers.

Tax 53

Tax tax preparation audit Sales 53

CPA Practice

MARCH 12, 2024

Paycor HCM, Inc. , has released two new offerings, Pay Benchmarking and Labor Forecasting. The new offerings are intended to help HR and business leaders make more informed compensation decisions and enhance workforce planning. Businesses today face a myriad of challenges, including managing labor demands, ensuring pay equity, and retaining top talent, all while striving to scale efficiently.

Sales 52

Sales Technology 52

ThomsonReuters

MARCH 12, 2024

Jump to: Identify the common barriers to change Overcome the barriers with communication Reframe the narrative Remember your clients Set the expectations for adaptation Running an accounting firm can feel like you’re constantly chasing changes. Some are beyond your control, such as tax code adjustments , staff turnover , or evolving customer expectations.

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cpas Technology accounting firms Tax 52

CPA Practice

MARCH 12, 2024

The American Institute of CPAs and CPA.com announced the participants of its 2024 Startup Accelerator program, which will kick-off this week at a meeting at their headquarters in New York. This year’s participants include seven early-stage companies leveraging artificial intelligence aimed at creating efficiencies and enhancing value in services across audit, accounting, tax advisory and firm management.

Technology 52

Technology cpas accounting and finance audit 52

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