ThomsonReuters
JULY 7, 2022
Once you’ve had a chance to catch your breath following the spring busy season, it’s time to remind your clients that tax planning is where you can really add value. In addition to the usual midyear planning ideas, possible tax law changes must be considered as you recommend ways to improve your clients’ cash flow by saving (or at least deferring) taxes.
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IgniteSpot
JULY 7, 2022
What are virtual CFO services? A virtual CFO does everything an in-house chief financial officer does, either part-time or on contract. These pros are typically a more accessible option for small businesses that maintain a low overhead. That’s because the alternative—an in-house CFO—is usually expensive.
TaxConnex
JULY 5, 2022
Can U.S. companies sell profitably to the north? Sure, if statistics are any indication Canada is the 10th-largest eCommerce market in the world estimated at 35 billion USD last year. Sounds enticing. What about the sales tax obligations? Our neighbors to the north share several similarities with the United States when it comes to sales tax – but there are key differences.
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.
RogerRossmeisl
JULY 7, 2022
As posted to CBT News on 6/14/22 (Click Image to View Clip – Run Time: 18 min, 46 sec) Automakers have been making some unprecedented moves with regards to electric vehicles. so much so that many franchise dealers are becoming concerned about the future of their businesses. In this clip, automotive attorney Len Bellavia sits down virtually with Jim Fitzpatrick on CBT News’ “Inside Automotive” to discuss recent factory announcements as well well as his perspective on the f
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
TaxConnex
JULY 7, 2022
If it feels to you like the whole economic nexus and sales tax landscape is one-sided, the U.S. Government Accountability Office and many small businesses seem to agree. A GAO report states that all states with a statewide sales tax and D.C. adopted remote sales tax laws covering online sellers in the wake of 2018’s Supreme Court Wayfair decision – and due to those adoptions, 33 states reported $23 billion in remote sales tax revenue in 2021.
RogerRossmeisl
JULY 7, 2022
As posted to the Munro Live YouTube Channel on 7/5/2022 (Run Time 17 min, 23 sec) The team at Munro & Associates just dropped the structural battery pack (with 4680 cells) out of their brand new Texas-made Tesla Model Y. What they found is some that they’ve never seen. ever. The seats, console, carpet, etc. are mounted to the structural battery pack which can be removed in one assembly from the bottom of the car.
Going Concern
JULY 7, 2022
EY has had a few firsts in recent years: first Big 4 firm with unlimited PTO , first audit firm to get a $100 million fine from the SEC , first Big 4 firm to compare men and women with waffles and pancakes , and first place among the Big 4 in public company audit clients for the past seven years. Make that eight straight years now. Audit Analytics recently released its annual market share analysis of auditor engagements at public companies , and the top 10 firms by registrant counts in 2022 are
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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.
Intuitive Accountant
JULY 6, 2022
Turning data into actionable insights requires a technological solution that can provide a single source of truth. Jedox CEO Florian Winterstein explains.
Withum
JULY 6, 2022
I read once that the shark hasn’t evolved in tens of millions of years. At some point, it reached perfection in its swimming and eating skills, so it had no need to change. On July 4 th, we had for dinner hot dogs with sauerkraut, French fried potatoes, Heinz Vegetarian Baked Beans and the usual condiments. That morning I had a bowl of Rice Krispies with a cut-up peach.
Going Concern
JULY 8, 2022
Fresh off the ole tweet machine today we have this: New hires in accounting with 0 exp are demanding: – $80k-$100k. – Remote work. – 30 hours a week. – Client contact / advisory roles. This is unsustainable. What does the future of U.S. talent strategy look like? — Brandon Hall (@bhallcpa) July 8, 2022. Discuss. And don’t bully Brandon, he agrees new hires are grossly underpaid, underappreciated, and overworked. “Firms can’t pay new grads $100k unless th
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.
Xero
JULY 3, 2022
This is a guest post by accountant Daniel Hardy of Xero Platinum Partner firm Caveo Partners. Recently, Caveo Partners was named the best boutique firm of the year at the Australian Accounting Awards. . With a new financial year upon us, you might be thinking, what’s next for my small business? In fact, you’ll likely have all kinds of thoughts about where you’re at and where you’re headed next.
Anders CPA
JULY 6, 2022
Acquiring a company can come with many twists and turns to navigate. One of those being the accounting involved in combining businesses. To help simplify purchase accounting for business combinations involving private companies, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-18 back in December 2014.
Going Concern
JULY 7, 2022
LaPorte who? Well now you’ve heard of them. From New Orleans City Business : “Just like every other company and industry, we have felt the effects of the ‘Great Resignation,’” said Patty Paz, chief operating officer at LaPorte CPAs & Business Advisors. “We have worked hard over the last two years to put in place several initiatives to even out our losses and gains.”.
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.
Intuitive Accountant
JULY 7, 2022
Along with reporting apps, we're looking at apps that perform financial metrics and business analytical forecasting. See why Clockwork is an easy to use app to predict, manage and plan your business finances.
Withum
JULY 7, 2022
Withum is proud to announce that three Partners, including Managing Partner and CEO Bill Hagaman , were named to the 2022 Edition of NJBIZ ’s Accounting Power 50 List. In the Number 6 spot , Bill Hagaman was praised for his longtime leadership at the Firm and his success in its growth. Additionally, the profile expands on Bill’s efforts in fostering an inclusive workplace for Withum teammates, including the Firm’s placement on lists like the Human Rights Campaign’s Corporate Equality Index and D
Dent Moses
JULY 6, 2022
A couple of weeks ago we covered the IRS backlog of amended payroll tax returns (941X) for employee retention credits. Now, the Treasury and IRS have responded to requests from taxpayers for relief from penalties with IR-2022-89. Why? Because most taxpayers were apprehensive of reporting the ERC refunds as income (reduction of wages) for 2020 or 2021 when they had no idea when or if they would receive the refunds.
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.
Intuitive Accountant
JULY 8, 2022
Although no two businesses operate in exactly the same way, several applications will benefit most accounting firms - Payroll, Document management, Payments, Billing or invoicing Expense management
Withum
JULY 7, 2022
Bill Bradshaw , Director of Inclusion and Diversity at Withum, was named in the New Jersey publication ROI-NJ as a top DEI leader in the state. Since joining the Withum team as the first Director of Inclusion and Diversity, Bill spearheaded initiatives that further established Withum’s commitment to fostering authenticity, transparency and engagement to uphold three pillars of inclusion and diversity; workforce, workplace, marketplace.
Accounting Today
JULY 8, 2022
Canopy Accounting
JULY 7, 2022
Is your accounting firm intentional about process and workflow? If the answer is no, it’s only a matter of time until processes start breaking down. Without a well-defined workflow management system and the appropriate processes in place, it doesn’t take much for things to fall apart—it could be a seasoned employee leaving and taking legacy knowledge with them, or restructuring your file organization system.
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
Intuitive Accountant
JULY 7, 2022
While the pandemic's worst days may appear to be over, we still live in a different world. DOCUDavit Solution's Sid Soil examines how everything continues to change for legal record keeping.
Reckon
JULY 4, 2022
Customer loyalty is critical to most small businesses. We all know it’s far more costly to attract new clients than to hold onto an existing one. But did you also know that you only have to increase your retention rates by 5% to boost your profits by 95%? Accredited Reckon partner and business owner, Sylvia Robb, says securing unwavering customers comes down to staying at the forefront of technology and fostering true friendships.
Going Concern
JULY 2, 2022
Now that raises have been doled out at Deloitte , next up is PwC. This is the first compensation cycle in the era of the New Equation, which is just a fancy way for marketing purposes of saying that PwC has a client-first mentality, and the firm likes to throw around the word “trust” many, many times when it tries to explain why the work it does for clients is more important now than it was 12 to 14 months ago.
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