BurklandAssociates
MARCH 10, 2022
Much has changed in the consumer startup market over the last couple of years. For one, SaaS enterprise investors who had dipped their toes into the consumer space are now Read More. The post Taking a Look at Alternative Financing Options for Consumer Startups appeared first on Burkland.
CTP
MARCH 9, 2022
By Dominique Molina, CPA MST CTS. Visit social media or google these days and you’ll most likely see advertisements for Tax Planning. But many taxpayers (and even tax pros) are confused about the differences between tax planning and tax preparation. In fact, the average taxpayer most likely believes they are already getting this service from their tax advisor.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
TaxConnex
MARCH 10, 2022
Businesses have heard a lot about economic nexus over the past few years. But what exactly is economic nexus – and, more importantly, have you kept up with its constant changes in the sales tax realm? Sales tax nexus is the connection your business has with a state or local taxing jurisdiction. It can be physical in the form of one of your offices actually being in a state or other tax jurisdiction.
Withum
MARCH 11, 2022
Withum is excited to share that Chris Mangano will be joining the Firm’s Business Development team as a Strategic Alliance Executive. With over 30 years of experience in IT, Chris specializes in solving client challenges with innovative, long-term solutions. At Withum, he will develop and host workshops for clients to ensure comprehensive education on the Firm’s services.
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.
IgniteSpot
MARCH 9, 2022
What is revenue recognition? When do you recognize revenue in your reports, statements, and forecasts? Ideally, customers pay for products or services at the time of purchase, and the company gets to record those earnings. But there are situations where a seller takes time to deliver the goods. For full revenue recognition, the revenue-generating activity (e.g., a sale) must be fully or essentially complete for it to count as revenue during a given accounting period.
FraudFiles
MARCH 9, 2022
Zelle is a popular money transfer app, in large part because it doesn’t charge fees to move money. But fraud is happening there, and banks aren’t giving the money back to defrauded consumers. If you send money to the wrong recipient, good luck getting it back. You cannot recall a transaction and the bank will not reverse it for you. You’re left hoping the person who got the money does the right thing and sends it back.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Withum
MARCH 7, 2022
At Withum, we are fortunate to have over fifteen talented women on our Construction, Architecture and Engineering Services Team across the U.S. Our team ranges from Staff Accountants, Managers, to Partners and together help AEC based companies navigate complex business challenges, whether tax, accounting, advisory or technology-driven. In honor of Women in Construction Week, Conor Barnes , Sherry Goode , and Emily Dudek , team members of Withum’s Construction and Architecture & Engineering t
CTP
MARCH 9, 2022
By Dominique Molina, CPA MST CTS. Tax planning is making shifts in a taxpayer’s financial and business situation, to minimize their tax burden both in the short term and over time. This often requires working in advance , before the end of the year, to identify and evaluate solutions and implement them. We’ll discuss five of the main strategies for legally lowering your clients’ tax burden.
Going Concern
MARCH 6, 2022
A source just sent us this statement from KPMG International that says its member firms in Russia and Belarus will be leaving the KPMG network: “We believe we have a responsibility, along with other global businesses, to respond to the Russian government’s ongoing military attack on Ukraine. As a result, our Russia and Belarus firms will leave the KPMG network.
Basis 365
MARCH 9, 2022
One of the most cost-effective ways to improve your organization's performance is to start recognizing –– and rewarding –– your employees' great work. According to Quantum Workforce , when employees believe their efforts will be recognized, they are 2.7X more likely to feel highly engaged at work. That's important because a meta-analysis from Gallup reveals that high employee engagement leads to: 41% lower absenteeism 17% higher productivity 24% less employee turnover in high-turnover organizati
Advertisement
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.
Withum
MARCH 8, 2022
Strategic plans for businesses are critical if they want to grow. Likewise for Not-for-Profit (NFP) organizations, however there are some differences. Businesses have a profit motive, while most NFPs are mission- and service-oriented. Here is a template for the start of a strategic plan for an NFP. Reaffirm the organization’s mission Identify the community that is being or will be served Determine if the community can be expanded Identify community needs and how they are not at present being met
ThomsonReuters
MARCH 11, 2022
It may be one of the oldest digital technologies in existence, but there’s no denying that the business and accounting worlds still heavily rely on email. The incredible power of email lies in the fact that it’s fast, free, and accessible to practically anyone. Unfortunately, this is also its greatest downfall, as the internet is now drowning in the weight of its most overused application.
Going Concern
MARCH 9, 2022
You can add Mazars to the list of global accounting firms with offices in both Ukraine and Russia that have denounced Russia’s invasion of Ukraine and pledged to support their colleagues in Ukraine—financially and via other means. But unlike PwC , KPMG , EY , Deloitte , Grant Thornton , and BDO , Mazars doesn’t seem to be planning a move out of Russia in protest of the invasion anytime soon, saying in a statement , “We are also conscious of the concern and distress of our 500 staff in Russia, al
Basis 365
MARCH 6, 2022
Are you overwhelmed with filing sales tax returns for your business? What if I told you there was a way to maintain complete compliance with sales tax filings without spending hours each month going through reports? Sounds pretty good, doesn’t it? Many businesses struggle to accurately report sales tax in their business, especially as the business begins to grow and expand into new states.
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.
Withum
MARCH 6, 2022
Withum is excited to announce that Travis Loomis will join the Firm to spearhead Operations and Supply Chain Consulting, a new service under Transaction Advisory. With over 10 years of experience in supply chain and M&A consulting, Travis specializes in operations strategy, process design and improvement, supply chain optimization, merger integration management, and data analytics.
AccountingDepartment
MARCH 9, 2022
A virtual accountant is simply an accountant who works online. Rather than working in your office or being outsourced locally, a virtual accountant is available through online communications. By working online, virtual accountants provide complete, boutique accounting services on demand.
Going Concern
MARCH 11, 2022
‘Big Four’ Targeted Again in U.K.—PwC Becomes Latest Subject of Investigations [ Bloomberg Tax ] Paul Brehony of Signature Litigation LLP looks at the growing number of investigations by the U.K. tax authority into historic audit failures by the “Big Four” firms, and discusses the prospects for success of proposed major reforms to the audit regime. The I.R.S. plans to hire 10,000 workers to clear a tax return backlog. [ New York Times ] The Internal Revenue Service said on Thursday that it plann
GrowthForceBlog
MARCH 9, 2022
7 min read. If an aspiring business owner decides to purchase a franchise, they open for business with a complete corporate handbook on how best to run and build the business.
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.
Accounting Web
MARCH 11, 2022
Clients 6 Questions to Stress Test a Client's Finances.
AccountingDepartment
MARCH 10, 2022
Are you struggling to find someone who can manage your accounting department functions? Not sure which program to consider or switch to? What is the best strategy for preparing your business finances?
Going Concern
MARCH 8, 2022
Happy International Women’s Day , everyone! Yes, even you men. Actually, especially men. We’re counting on you all to lead the way and set a good example for those among you who may not have gotten the memo that women contribute so much more to society than clean dishes. Even something small like recognizing the achievements of your female coworkers or not talking over women in meetings makes a difference.
Withum
MARCH 11, 2022
Volatility in the supply chain is a given in today’s pandemic-disrupted economy. From vodka distilleries transitioning to hand-sanitizer to a single cargo ship halting worldwide shipments, companies are consistently dealing with supply chain challenges and rethinking how they get the supplies to operate their businesses. In this shifting economy, businesses are ordering higher levels of inventory and paying for it sooner.
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.
ThomsonReuters
MARCH 10, 2022
QUESTION: Our company is considering offering COVID-19 testing and vaccinations to employees at our offices. Will this arrangement be considered an ERISA plan? ANSWER: Whether a program offering COVID-19 testing, vaccinations, or both is subject to ERISA depends on how it is structured and how it operates. In general, an arrangement is an ERISA welfare benefit plan if it is a plan, fund, or program established or maintained by an employer to provide ERISA-listed benefits (including medical ben
Dent Moses
MARCH 8, 2022
Interesting article from CPA Practice Advisor on Ukraine Tax Authority’s position to pass on captured spoils of war. Spoils of War? Ukraine Says No Taxes Due on Captured Russian Tanks. Isaac M. O’Bannon – March 3, 2022, CPA Practice Advisor. “Have you captured a Russian tank or armored personnel carrier and are worried about how to declare it?
Going Concern
MARCH 6, 2022
[UPDATE] PwC Global Chairman Bob Moritz released this statement a little over an hour ago confirming that PwC is pulling out of Russia: We all continue to be shocked and horrified by the senseless war that the Russian government is inflicting on Ukraine and its people. As we galvanized to find ways in which we can help, our main focus has been helping our Ukrainian colleagues and supporting the humanitarian efforts to aid the people of Ukraine.
Withum
MARCH 7, 2022
The Washington State Superior Court on March 1, 2022 overturned a new law enacted last year to tax capital assets. The capital gains tax took effect on January 1, 2022. The Washington State’s Capital Gains Tax imposed a single tax rate of 7% would apply to all levels of such income that exceed the standard deduction of $250,000. This tax was set to apply to only individuals.
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
RitaKeller
MARCH 8, 2022
“I follow three rules: Do the right thing, do the best you can, and always show people you care.” – Lou Holtz. You expended a lot of effort in establishing the firm’s paperless processes/procedures. Most of your partners follow the rules. For some partners, you do this and that – print things off, provide paper, etc. How will you get ahead by making so many exceptions to the rules?
DMCL
MARCH 11, 2022
Our 2021 Personal Tax Return Checklist is designed to help you make this process as easy and efficient as possible. It also assists us in ensuring we have information that is as complete and accurate as possible to assure your taxes are minimized and correctly reported. If you have any questions, please contact your DMCL Advisor. The post 2021 Personal Income Tax Return Checklist appeared first on DMCL.
Going Concern
MARCH 7, 2022
Well that’s that. All Final Four Horsemen of the Accounting Apocalypse have now announced they are abandoning their operations in Russia in response to Vlad Putin’s war against Ukraine. PwC and KPMG announced on Sunday they were cutting ties with their member firms in Russia, EY released a similar statement earlier this morning, and Deloitte spoke about it leaving Russia in a statement from Global CEO Punit Renjen a little more than an hour ago.
Withum
MARCH 10, 2022
The COVID-19 pandemic has had a devastating impact throughout the world. New York City was certainly no exception, and perhaps no industry has been impacted as severely as the live theatrical entertainment industry. Looking to aid the continuing economic recovery, the $100 million New York City Musical and Theatrical Production Tax Credit Program is set to have a far-reaching impact on an industry that is often considered the heartbeat of New York City.
Advertisement
Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.
Expert insights. Personalized for you.
130 
Let's personalize your content