TaxConnex

OCTOBER 26, 2023

Sales tax is a major obligation for your business. As with most such obligations, you probably ask, “Can automation help me?” In some ways, yes. Sales tax rates and taxability rules differ by state and even locality. Software that has the rates and taxability rules built-in helps make sure you charge the right sales tax with each purchase. Most sales tax calculation software today is SaaS-based (Software-as-a-Service), which often integrates with a company’s invoicing system.

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Technology Sales Tax E-commerce 147

Accounting Today

OCTOBER 26, 2023

Accountants and financial professionals are feeling less upbeat about the economy in North America in the second quarter of the year, according to a quarterly survey from the IMA and ACCA.

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accountant Account accounted 130

Going Concern

OCTOBER 26, 2023

On Monday afternoon an employee of Brown, Brown and Associates, an accounting firm on Main Street in Springfield, TN, decided to bring an explosive device to the office “to show around.” Actual explosives. The news didn’t say what exactly the device was, only that the man “reportedly found multiple explosives in an old house he was cleaning out and brought one of them into work to display.” “I was with a client, and a police officer came and knocked on my salon door

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Maine accounting firms accountant Account 120

Accounting Today

OCTOBER 26, 2023

The legislation incentivizes consumers to buy energy-efficient electric appliances, clean vehicles, rooftop-solar and home energy storage systems.

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Tax 134

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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Insightful Accountant

OCTOBER 26, 2023

Everything comes down to marketing. Balanced Awakenings' Dr. Hannah Yang provides some insights practice owners can use to help leverage their market strategies and build momentum.

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Withum

OCTOBER 26, 2023

Once upon a time, property insurance renewals were an annual formality. They often consisted of a brief conversation, a review of a property listing, and a moderate 2%-4% increase in valuation to account for inflation. These valuations and renewals have instead become increasingly consequential today. A property insurance appraisal of building and equipment assets performed by an experienced, independent third party can be key in this preparation.

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Construction Hospitality accountant Account 111

Going Concern

OCTOBER 26, 2023

Funny story today from across the pond that eFinancialCareers spotted on LinkedIn. A gent who spent nine months as an audit associate at Grant Thornton’s Manchester office got a letter from them a year after leaving that apologized for inadvertently paying him less than minimum wage. And he’s not mad about it. Yavinka Mendis, a University of Manchester economics graduate, joined KPMG’s Manchester office as an audit associate in 2019.

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audit Start-ups accounting firms accountant 111

CPA Practice

OCTOBER 26, 2023

What’s your definition of a successful career as an accountant? If your answer is “to become a partner at a Big Four firm,” then I have news for you – there are other paths you can take. You don’t have to become a partner at a big firm if it doesn’t align with your goals. Many accountants forget that they are the authors of their careers, and the standard definition of what the profession projects to be “a successful career” doesn’t have to be yours.

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Start-ups accountant Account accounted 110

Insightful Accountant

OCTOBER 26, 2023

'Wagons Ho.' Murph's guiding you on the trail of migration from QuickBooks Desktop to QuickBooks Online. So, you better get to readin' cause you don't wanna get left behind.

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quickbooks 105

Accounting Today

OCTOBER 26, 2023

The AICPA & CIMA, in conjunction with the World Business Council for Sustainable Development, unveiled research on a framework to facilitate business strategy development.

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accountant accounted Account 99

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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KROST

OCTOBER 26, 2023

This is one of the articles in the KROST Industry Sports & Entertainment Issue, titled “Client Accounting Service Strategies for Success in the Sports & Entertainment Industry” by Stacey R. Korman, CPA, MST In the fast-paced and dynamic world of sports and entertainment, financial management plays a crucial role in the success of artists, performers, Read the full article.

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Entertainment Sports accountant Account 91

AccountingDepartment

OCTOBER 26, 2023

Our team rounded out another successful year of EO events last week while attending EO Nerve. ADC Business Development Representative, Shawn Marcum, and Content Manager, Mike DeFusco, attended the multi-day event in Tampa, FL.

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Accounting Today

OCTOBER 26, 2023

Meating their fate; write-off rip-off; a dent in his plans; and other highlights of recent tax cases.

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Tax tax preparation 122

Anders CPA

OCTOBER 26, 2023

On July 31, 2023, Missouri released Private Letter Ruling No. LR 8263. The ruling provides insight into the obligations of a California-based 501(c)(3) not-for-profit organization that operates as a marketplace facilitator regarding the collection and remittance of sales and use taxes. Although marketplace facilitators are required to collect and remit sales and use taxes in Missouri, these taxes might not apply to 501(c)(3) organizations when selling to other 501(c)(3) organizations.

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Missouri Sales California Education 88

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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

GrowthForceBlog

OCTOBER 26, 2023

7 min read The Bank of America Mid-Sized Business Owners Report [1] just came out with a whole host of information on trends among business owners, their management, and the plans they have for their $5 to $50 million dollar companies in the coming year.

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MineralTree

OCTOBER 26, 2023

Automation is reshaping the way companies manage their financial operations, especially in accounts payable (AP). Understanding how AP automation works and how it streamlines AP processes is vital to keeping your company ahead of the curve in a rapidly evolving business finance landscape. AP efficiency is more important than ever given the growing need to do more with less.

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AP Automation Technology AP Processes accounts payable 76

Withum

OCTOBER 26, 2023

NetSuite’s annual SuiteWorld conference brought together thousands of customers and partners in Las Vegas this month. Withum celebrated NetSuite’s 25 th anniversary and was hands-on at breakout sessions relevant to the industries we serve, including but not limited to: technology , manufacturing , distribution , retail and e-commerce. Our CRM and ERP team members learned about the latest products and innovations to better serve our clients.

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NetSuite E-commerce Technology corporation tax 59

Canopy Accounting

OCTOBER 26, 2023

In this eBook you'll learn if specialization is right for your firm & get a step-by-step guide to choosing a niche and identifying your ideal client profile for a more profitable firm.

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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

Sales

CPA Practice

OCTOBER 26, 2023

ADP, a provider of human capital management solutions, has launched API Central, a new HCM solution that enables businesses to easily and securely connect their ADP workforce data across their HR and business systems using standard APIs and tools. “HR leaders cite integration with other technology solutions as a top challenge to fully maximizing their workforce data,” says Anthony Maggio, vice president and general manager, ADP.

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Sales Technology 52

Withum

OCTOBER 26, 2023

Download a PDF of this case study. Executive Summary Withum’s ERP Consulting Services Team was engaged by a construction firm challenged with manual day-to-day operations and a lack of realtime financial reporting. Working closely with the client, the Withum Team successfully streamlined business processes by migrating both project management and finance functions into a single, integrated ERP solution.

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Construction New Jersey Finance Technology 52

Cherry Bekaert

OCTOBER 26, 2023

Join us to gain insights from our Cherry Bekaert Professionals on the following topic. Preparing an Annual Comprehensive Financial Report (ACFR) can sometimes feel more like a horror movie than a fairy tale. Learn from Cherry Bekaert accounting advisors about how to set yourself up for success when preparing your ACFR. We will look at the most common ACFR preparation mistakes and provide tools and resources to help your government avoid them.

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Government accountant Account accounted 52

Inform Accounting

OCTOBER 26, 2023

If you are self-employed, the way in which your profits are taxed is changing. As a result of this, you only have a limited window in which to claim relief for any profits which have been taxed twice.

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Tax 52

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The first Market Momentum Index: AI and Unstructured Data Management, conducted by Deep Analysis with support from AIIM and M-Files, surveyed 500 enterprises across various industries to assess their readiness to employ AI. The results reveal that AI is already far more embedded into organizations' operations than previously realized. These findings and more insights have been brought to you in the "Market Momentum Index: AI and Unstructured Data Management.

Accounting Today

OCTOBER 26, 2023

The entrepreneur and accounting firm leader was 40.

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CPA accounting firms accountant Account 80

CPA Practice

OCTOBER 26, 2023

By Reade Pickert, Bloomberg News. (via TNS) The U.S. economy grew at the fastest pace in nearly two years last quarter on a burst of consumer spending, which will be tested in coming months. Gross domestic product accelerated to a 4.9% annualized rate, more than double the second-quarter pace, according to the government’s preliminary estimate Thursday.

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Maine Government Sales accountant 52

CPA Practice

OCTOBER 26, 2023

By Courtney Rozen and John Hewitt Jones Bloomberg News- (via TNS). President Joe Biden will sign a wide-ranging directive on artificial intelligence on Monday, according to people familiar with the matter, as part of a broader pledge to steer AI models away from potential misuse before they’re released to the public. The White House will also be hosting an event on “safe, secure and trustworthy” artificial intelligence Monday, according to the people, who spoke on condition of anonymity to discu

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CPA Practice

OCTOBER 26, 2023

By Edward Sota, Kiplinger Consumer News Service (TNS) If you feel anxious about the future of your Social Security benefits, you’re not alone. It’s a common concern—both for retirees already receiving Social Security payments and for workers who expect to rely on this important income stream someday. In a 2022 survey of U.S. workers by Transamerica , 37% of respondents named the potential reduction or elimination of Social Security benefits as a top retirement fear.

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payroll tax payroll Tax Start-ups 111

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.