TaxConnex

JUNE 10, 2021

Your sales tax obligations start with whether or not you have sales tax nexus. Without it, you have no obligation to collect and remit sales tax to specific taxing states or jurisdictions. Your sales tax nexus is determined by either a physical or economic presence within a taxing jurisdiction. Most businesses have somewhat of a grasp of their physical presence, after all, it was the standard for sales tax obligations for over 50 years.

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South Dakota Missouri Sales Tax 246

AccountingDepartment

JUNE 11, 2021

An income statement is a critical financial statement for reporting a business's financial performance. It can also be referred to as a revenue and expense statement.

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financial statements accountant accounted Account 92

RogerRossmeisl

JUNE 9, 2021

Bad faith denials of claims by insurers are illegal, but some dishonest companies or agents attempt them anyway. It’s possible that just when you have the greatest need, you’ll find yourself out in the cold. Unfortunately, there aren’t a lot of great legal remedies. So it’s critical to avoid unreliable and fraudulent insurance coverage in the first place.

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BurklandAssociates

JUNE 9, 2021

Customer Success costs are a drag on a startup's Gross Margins, but much less of a drag than losing customers. The post SaaS Customer Success: Gross Margin vs. Churn Trade-Offs appeared first on Burkland.

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accountant accounted Account 130

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

TaxConnex

JUNE 8, 2021

There’s always something changing in the world of tax, especially sales tax. And 2021 continues to prove that. Here’s a review of some of the recent changes and updates. Biggest news: Missouri will likely soon join fellow holdout Florida in establishing economic nexus requirements. (They were the last two states with a sales tax to set up such requirements.).

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Sales Tax Arkansas South Carolina 223

Withum

JUNE 10, 2021

Tax 111

Tax 111

ThomsonReuters

JUNE 10, 2021

What You Should Know About COVID-19 and the ADA, the Rehabilitation Act, and Other EEO Laws (May 28, 2021). Available at [link]. The EEOC has updated its guidance on COVID-19-related compliance issues under the ADA, GINA, and other employment laws. In addition to modifying and expanding earlier guidance on employer vaccination programs, the updated guidance adds six Q&As addressing ADA and GINA considerations for employer-provided COVID-19 vaccination incentives for employees and their fami

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Tax accountant accounted Account 98

xendoo

JUNE 6, 2021

Ecommerce is booming. Total revenue will reach nearly $4.6 billion in 2021 and grow at an annual rate of 4.6% over the next five years – reaching $5.6 billion by 2025. It’s easy to see why owners of small and medium businesses are asking themselves how they can get a piece of the eCommerce pie. One popular option—the Amazon small business marketplace. .

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bookkeeping Tax Legal Sales 98

AccountingDepartment

JUNE 9, 2021

Kitti Crawford is our Staff Success Ambassador at AccountingDepartment.com and her main function is to assist our new and tenured staff members with training as they grow into their roles here at ADC. Kitti has been with us since 2006 and has been excelling in her current position for the past 4 years. When Kitti was preparing to start college, she had three career paths that were under strong consideration to pursue.

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Maine accountant accounted Account 98

RogerRossmeisl

JUNE 7, 2021

The COVID-19 pandemic has put enormous pressure on global supply chains. As companies struggle to obtain the goods and materials they need, they may not pay as much attention to potential fraud signs. Unethical employees and organized crime gangs have only been too willing to take advantage of the situation. Consider conducting a targeted risk assessment that focuses on the changes that have occurred since the pandemic began.

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CPA 219

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Technology

ThomsonReuters

JUNE 10, 2021

Gorman v. Acteon Networks, LLC, 2021 WL 2156359 (E.D. Pa. 2021). Available at [link]. As part of an employment discrimination lawsuit, a former employee claimed that her employer improperly discontinued her medical benefits in violation of COBRA. The employer asked the court to dismiss the claim, arguing that it did not have enough employees to be covered by COBRA.

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payroll Tax accountant accounted 98

CTP

JUNE 8, 2021

This week’s blog focuses on a loophole to the $3,000 deduction on capital loss losses. Businesses don’t always go as people hope they will. Unfortunately, in the last year we’ve seen a lot of struggle. Many businesses in specific industries, including food and entertainment, have had to close their doors. For business owners and entrepreneurs, […].

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Entertainment 92

GrowthForceBlog

JUNE 8, 2021

8 min read. In Texas, the size of our state is only matched by the amount of caring and concern in our hearts for those in need. For proof, look no further than the state’s thriving nonprofit sector.

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Texas accountant accounted Account 89

AccountingDepartment

JUNE 5, 2021

Whenever you operate a small business, you need to know little something about the basics of bookkeeping. A little understanding of bookkeeping can ramp up your business operations. Bookkeeping is the recording and organizing of a company's financial transactions and with the right bookkeeping tools, you'll be better able to plan for your company's own profits.

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bookkeeping bookkeeping services accountant accounted 81

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

JUNE 7, 2021

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LyfeAccounting

JUNE 9, 2021

We think it’s clear by now that the prices of cryptocurrencies like Bitcoin can have major swings. It wasn’t too long ago that Bitcoin and other coins dropped over 30% and caused quite a panic. But instead of panicking during big price drops, what if we told you that you could actually use these swings to your advantage? That’s right! While everything is on fire, you can actually leverage losses in crypto in ways that even your typical stock investors cannot.

Tax 59

Tax tax preparation Sales accounting and finance 59

GrowthForceBlog

JUNE 10, 2021

4 min read. We’ll cut to the chase: if you aren’t monitoring the trends in your business by tracking your Trailing Twelve Months, you are missing out on key insights that could make a profound impact on your business.

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AccountingDepartment

JUNE 7, 2021

The utilization of outsourced accounting services is ramping up now that many companies are relying more heavily upon technology, working from home, and overall improving their efficiencies as a whole. Having that in-house accounting team is the traditional way to handle business and to many, just makes sense. But, there are a few reasons as to why making the switch to outsourced accounting is becoming more popular in business.

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Account accounted accountant Technology 53

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

Withum

JUNE 9, 2021

The Drama Book Shop reopened today in a new location on West 39th Street. If you are in show business, this is somewhat of a big deal.

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LyfeAccounting

JUNE 7, 2021

We have 10 tips on how you can avoid paying taxes. Because for most people, paying taxes is such a drag, annoying, frustrating… So today, we want to talk about how to avoid taxes and give you 10 legit and legal ways to do so. Keep reading! So, this is a really important post because, it’s not just about avoiding paying taxes, it’s about developing a new mindset that will allow you to build long-term wealth.

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Legal Tax income tax Real Estate 59

CapataCPA

JUNE 11, 2021

Why Do So Many Businesses Use Outsourced CFO? There are many benefits to outsourcing the Chief Financial Officer (CFO) role, especially if you own a small business. An outsourced CFO ensures you are getting the same expertise from a CFO even if you may not have the financial resources to retain or support a full-time. The post Outsourcing Your CFO appeared first on CPA firm in Orange County, CA | CAPATA.

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cpa firm CPA accountant accounted 52

FraudFiles

JUNE 11, 2021

CPAs doing traditional tax and auditing services are often looking for other streams of revenue to fill in the gaps outside of busy season. Litigation support work might be a great fit for them. Attorneys are always looking for expert witnesses with certain areas of expertise, and accountants doing general work might be a good option. What is your focus?

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cpas audit Tax Account 52

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

Withum

JUNE 7, 2021

Selling your business could be the most important decision of your career. If you want to buy a business, that could be the most important decision of beginning your career. Either way there are things you should know about the process. I will be presenting a Free webinar on each process.

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LyfeAccounting

JUNE 11, 2021

New IRS Unemployment Tax Refund Update. If you, or anyone you know, paid any taxes on unemployment last year, read on because we have some very important news for you. It is regarding 2020 tax refunds and those who paid taxes on their unemployment compensation last year. The IRS just recently announced that they will be issuing tax refunds to over 2.8 million taxpayers this week who paid taxes on unemployment compensation.

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Tax tax return tax preparation accounting and finance 52

xendoo

JUNE 10, 2021

Becoming a third-party seller on Amazon is an exciting opportunity for many small businesses. After evaluating the pros and cons of selling on Amazon , you may decide to go with an Amazon FBA (Fulfilled by Amazon) account. You’ll pay a fee to use Amazon’s warehouses, packaging and shipping, and customer service. One thing that isn’t included? Accounting for Amazon sellers. .

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Account accounted accountant accounting software 52

ThomsonReuters

JUNE 10, 2021

CPA firms are understandably exhausted after the past year, however, there is a tremendous opportunity for the accounting profession to reflect, reset, and energize staff with a fresh perspective infused with learnings from the 2020 tax season. In the latest episode of Pulse of the Practice, “ A Conversation with Carrie Steffan ”, Paul Miller, Owner of Business by Design , and I discuss how to inspire and mobilize CPA firm staff in the year ahead with insight from Carrie Steffen of The Whetston

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cpa firm CPA Tax accounted 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

Withum

JUNE 7, 2021

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LyfeAccounting

JUNE 11, 2021

How to pay yourself in an S-Corporation? According to the IRS, you need to pay yourself a reasonable salary. But what in the world is a reasonable salary? And shouldn’t you want to pay yourself the highest salary possible? Like, why is this a thing? Well, it’s a thing because by paying yourself a very low salary in an S-Corporation, you are effectively lowering the amount of taxes you pay.

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Non-Profits payroll Tax payroll tax 52

AccountingDepartment

JUNE 9, 2021

When you start a small business, you first need to decide upon an "entity type." The entity type of your business is going to matter -- a lot. It determines how your business is structured and owned and (maybe more importantly) how it's taxed. Let's take a look at the entity types and what they mean for you.

Tax 52

Tax accountant accounted Account 52

ThomsonReuters

JUNE 10, 2021

Luense v. Konica Minolta Business Solutions U.S.A., Inc., 2021 WL 2103231 (D. N.J. 2021). Available at [link]. A federal trial court has dismissed portions of a putative class action lawsuit brought by participants in a 401(k) plan alleging that various individuals and entities violated their fiduciary duties relating to investment fund selection. The participants sued the plan sponsor, the sponsor’s board of directors and its individual members, the plan committee and its individual members, a

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Tax accountant accounted Account 52

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