Canopy Accounting
JULY 27, 2022
Have you ever wondered how the rest of the world views your job? Entertainment can sometimes give us a peek through that window. Usually, when we want to plug into TV or movies, it’s to escape our daily lives. But, sometimes, it can be fun to watch shows about our lives, especially our work lives! There’s shows about doctors, lawyers, IT teams, journalists, government officials and a myriad of other professions.
TaxConnex
JULY 26, 2022
Partnerships, just like your sales tax obligations, evolve over time. Sales tax is not a set it and forget it task, so if you’ve handed things off and aren’t sure how things are going, it may be time for a check-up with your provider. By examining a handful of operational indicators, you can assess whether your provider is still the right fit for your business.
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BurklandAssociates
JULY 26, 2022
Reduce SaaS churn by fostering a culture that listens to customers and puts their needs at the center. Here are some specific tips to help. The post Reduce SaaS Churn – Strategic Tips for Startups appeared first on Burkland.
Intuitive Accountant
JULY 28, 2022
In today's changing workplace, many organizations are looking to complement their full-time staff with independent contractors to grow their business. WorkMarket's Bridget Quinn Kirchner explains how it works.
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.
Withum
JULY 28, 2022
We all knew this day was coming, and it has finally arrived. Multiple businesses notified us this week that their claims for the employee retention credit (ERC) are being audited by the IRS. This does not mean that these businesses did anything wrong, or that they will end up owing money to the IRS; it just means that the IRS selected their ERC claims for review.
TaxConnex
JULY 28, 2022
Failure to comply with the applicable sales tax rules can have a devastating effect on a business, but they’re often overlooked because they’re considered “pass-through” as the business is responsible for collecting the applicable taxes which pass through the business and are subsequently turned over or paid to the states. While these pass-through taxes are not meant to create a financial burden on a business, failure to comply can create significant risk.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Intuitive Accountant
JULY 26, 2022
News coming from the recent special Security Summit series warns tax professionals to beware of evolving email, cloud-based schemes to steal taxpayer data. Check out the story on Tax Practice News.
Withum
JULY 29, 2022
I just attended a meeting at my local public library and coincidentally just finished reading a book about a library. Neither is what you might think it would be about. The Personal Librarian by Marie Benedict and Victoria Cristopher Murray was about the establishment of The Morgan Library, which is a major museum in the heart of Manhattan. It started out as the private library of J.P.
MazumaBusinessAccounting
JULY 27, 2022
Running a small business has its pros and cons. It can be incredibly freeing to be your own boss, but doing your own self-employment taxes? That can be intimidating. All businesses need to pay annual taxes. If your small business expects to owe more than $1,000 in federal taxes, you’ll also need to pay quarterly taxes. There are several ways to calculate how much (and when) you need to pay.
Going Concern
JULY 25, 2022
Some headlines to get you started on this fine Monday: KPMG partner banned from accounting after misleading regulator over Carillion. KPMG fined £14.4 million after the firm admitted to providing false and misleading information to its regulator during spot checks on audits of construction firm Carillion and outsourcing firm Regenersis. The spread of ESG labels into the $55 trillion market for short-term debt is creating new accounting challenges for those keeping track of how much good green fi
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.
Intuitive Accountant
JULY 28, 2022
While the 'free' version of TeamViewer may be one of the best known remote software apps by Insightful Accountant readers, there is plenty to know about the features in the paid version.
SchoolofBookkeeping
JULY 29, 2022
Nothing like waking up to a fire alarm, right?? Today when opening QB desktop, we were greeted with the above screenshot. Every company we opened gave the same message, even the ones that didn't have QB Payments. Googling the phone number didn't give much confidence. I called the number and it is indeed Intuit, but they were having higher than normal call volume.
Ryan Lazanis
JULY 27, 2022
Offering virtual CFO services is a great way to help small businesses and startups manage their finances. These services can help businesses level up with financial reporting, planning and forecasting, and more. In this guide, I’ll discuss: What virtual CFO services are. The different services offered within them. The benefits of offering and using them.
Going Concern
JULY 29, 2022
From remarks delivered yesterday by PCAOB Chair Erica Y. Williams at a virtual event hosted by Council on Institutional Investors (CII) on the 20th anniversary of Sarbanes-Oxley and the establishment of the PCAOB: When the PCAOB was first getting off the ground in 2003, it adopted existing standards that had been set by the auditing profession on what was intended to be an interim basis.
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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.
Intuitive Accountant
JULY 27, 2022
Who said Murph cannot cover more than one technical topic in a single month? Here, he takes a look at remote support software, also starting this month. Zoho Assist is the first in his sights.
Withum
JULY 25, 2022
Orange County Business Journal named Withum as a 2022 Best Place to Work in Orange County. Ranking at #19 on the list of large companies, Withum’s Irvine office was praised for its unique office culture and fun team member perks. The list was designed to identify, recognize and honor the best places of employment in Orange County, California, benefiting the county’s economy, workforce and businesses.
Anders CPA
JULY 26, 2022
The Missouri Back to School Sales Tax Holiday is a great time to stock up on supplies needed for the upcoming school year. In Missouri, the tax-free holiday starts at 12:01 a.m. on Friday, August 5th and lasts through Sunday, August 7th. During this period, qualified purchases are exempt from sales tax. Be aware not all cities and counties in Missouri observe this holiday.
Going Concern
JULY 28, 2022
From a recent CNBC article on company-wide vacation breaks to foster employee well-being : Feeling revitalized is what many employees and their employers both want. Starting this year, accounting and consulting firm PwC is giving its 60,000 U.S. employees two annual company-wide, week-long breaks — one in July and one in December — in addition to vacation time.
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
Intuitive Accountant
JULY 29, 2022
Accounting firm or business advisor? HR analyst Fabian Sandoval explains why keying in on your client's financial and business issues while providing professional advice can set you apart.
Withum
JULY 25, 2022
Withum is proud to share that Disability:IN, a global organization driving disability inclusion and equality in business, in partnership with the American Association of People with Disabilities (AAPD), awarded Withum a score of 100 on their annual index. The Disability Equality Index® (DEI) is the world’s most comprehensive benchmarking tool for the Fortune 1000 and Am Law 2001 to measure disability workplace inclusion.
Reckon
JULY 26, 2022
Paying careful attention to your customer service should be at the forefront of every business owner’s mind But why? We chatted to Alex Alexandrou, GM of Reckon, to see why he thinks the customer experience is the top priority for any business, regardless of size. How and when did you first become interested in customer experience? “I became interested in the unique value of customer experience through my own personal dealings with businesses of all shapes and sizes.
Going Concern
JULY 29, 2022
Have you heard of overemployment? I really shouldn’t be talking about it but since I’m not in the club, screw it. The concept is: work multiple jobs at the same time, putting in just enough effort so you remain employed but not so much that you’re working too hard despite juggling several “full-time” jobs at once. The key is not to be lazy but rather precisely meet expectations, not exceed them.
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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.
Intuitive Accountant
JULY 29, 2022
LogMeIn is now GoTo. And while I once used LogMeIn Rescue, I thought I'd cover GoTo Resolve, which may be a little more appropriate for the majority of our readers.
ThomsonReuters
JULY 28, 2022
QUESTION: We sponsor a self-insured health plan for our employees. A TPA handles day-to-day administration of the plan, including processing claims and making payments to health care providers. We understand that HIPAA establishes standards for electronic health care transactions. If the TPA fails to comply with those standards, is the plan potentially liable under HIPAA?
IgniteSpot
JULY 26, 2022
1. Separate business and personal. Small businesses often mix business with pleasure. That means that as many as 27 percent keep it “simple” and use the same credit cards and bank accounts for business and personal use, according to one survey. While that may be convenient in the short term, the long-term outlook isn’t as good. In fact, it’s a bookkeeping nightmare for you or your virtual bookkeeping partner to separate where and how you spent your money at the end of the year—and you have to be
Going Concern
JULY 29, 2022
Why do I feel like this screenshot is going to end up on r/thanksimcured ? via r/accounting. Now this may be blasphemy to say this around these parts but he’s mostly right. Exercise? Hell yeah, great for you. Healthy eating? Also great for you, those takeout dinners can really take a toll on your health. Passion projects? Super important to find fulfillment in the otherwise boring and meaningless modern human existence. #3 though. #3. #3 great sounds good on paper — or rather, typed
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.
Intuitive Accountant
JULY 25, 2022
Insightful Accountant Top 100 ProAdvisor Susan Pruskin explains how some valuable lessons from her upbringing are still helping her succeed today.
Canopy Accounting
JULY 25, 2022
Diversity and inclusion (D&I) efforts in many organizations are starting to lose momentum. The reasons vary widely—from narrowly defined strategies, unclear goals, or emphasizing training over systemic inequities. Since the death of George Floyd , companies have made meaningful strides in acknowledging the importance of and expressing a commitment to diversity and inclusion.
Xero
JULY 26, 2022
Xerocon London 2022 boasted everything from inspirational keynotes, to major product announcements , and fantastic guest speakers. But, most importantly, it offered us an opportunity to come together and reconnect with our amazing community. It’s time to take a breath and reflect on an awesome event. . With this in mind, we’ll take a look back and share some of our key learnings from the Xerocon London breakout sessions. .
Going Concern
JULY 27, 2022
Deloitte got their calculators out and put a dollar value on The Colosseum of Rome, the largest amphitheater built during the Roman Empire, the largest standing amphitheater in the world today , and top Italian tourist destination. Despite listening to Tiziano Ferro for 20 years, my Italian sucks so here’s Google’s translation of the newly released report : The Colosseum contributes 1.4 billion euros per year to the Italian economy (in terms of contribution to GDP) as a tourist-cultu
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With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.
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