LSLCPAs

JULY 10, 2024

LSL Webinar “Back to Basics | Pension & OPEB for Beginners,” presented by Riley, CPA Greenlee & Krystal Cabrera , CPA lead you through the necessary steps on preparing for audits related to pension and Other Post-Employment Benefits (OPEB) reporting. In case you missed it – this article will guide you through the types of. The post Be Audit Ready: Essential Steps for Pension and OPEB Reporting appeared first on LSL CPAs.

audit 52

audit cpas CPA Government 52

BurklandAssociates

JULY 10, 2024

A guide to the tax tools in Burkland’s startup tax toolkit, grouped by the type of tax obligations they address. The post Tax Tools for Startups: Ensuring Compliance and Maximizing Benefits appeared first on Burkland.

Tax 173

Tax Account accountant accounted 173

Accounting Today

JULY 8, 2024

The Internal Revenue Service has stepped up efforts to combat dubious tax advice promoting schemes involving the Fuel Tax Credit, the Sick and Family Leave Credit, and household employment taxes.

Tax 132

Tax 132

CPA Practice

JULY 8, 2024

By Shane Westra. Over the past several years, artificial Intelligence (AI) and machine learning technologies are becoming increasingly integrated into the daily operations of accounting firms. This change offers both challenges and opportunities, which is an important perspective to maintain as you navigate the adoption of AI in your practice with an eye on maintaining high levels of overall security.

accounting firms 115

accounting firms Maine audit accounted 115

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

Finance

CPA Practice

JULY 8, 2024

By Bruce Crumley, Inc. (TNS) Business owners facing employee requests for higher pay have plenty of reasons why they can’t increase salaries over current levels, and a new survey suggests another one. They may not be making enough money to feel financially secure themselves. A new poll shows that people across a wide range of revenue levels believe they need far higher incomes to feel financially secure—considerably more than businesses could possibly pay them.

Maine 116

Maine Finance Retail 116

Accounting Today

JULY 8, 2024

When it comes to practice management, try to learn as much as you can from whatever source is available.

Account 128

Account accounted accountant Education 128

AccountingDepartment

JULY 9, 2024

Managing a business isn’t easy. Amongst juggling various roles and responsibilities, ensuring your financial health often becomes a daunting task. One powerful tool to help you stay on top is cash flow analysis.

Account 64

Account accountant accounted 64

Insightful Accountant

JULY 8, 2024

Many accounting professionals struggle with the time-consuming and error-prone task of managing accounts payable (AP). If you missed our recent App Academy , MakersHub presented how their innovative solution can revolutionize this critical process.

accounts payable 52

accounts payable management accounting management accounts accounted 52

Accounting Today

JULY 10, 2024

Some of Accounting Today's fastest-growing firms share what turbo-charged their expansion over the past year.

accounted 140

accounted Account accountant 140

TaxConnex

JULY 9, 2024

Sales tax compliance has many moving parts, not just in the filing but in everything that goes into making sure you stay on the legal side of the jurisdictions where you have sales tax nexus. Just remember, a lot can go wrong along the way. 1. Billing systems You charge the customers sales tax for online purchases, they pay and you remit the money to the tax jurisdictions.

Sales 264

Sales Tax Colorado tax return 264

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

Account

MyIRSRelief

JULY 12, 2024

Understanding IRS Letter 725-B: Notice of Appointment to a Field Revenue Officer for Investigation The IRS Letter 725-B, also known as the Notice of Appointment to a Field Revenue Officer (RO) for Investigation, is a formal communication from the Internal Revenue Service (IRS) indicating that a taxpayer’s case has been assigned to a revenue officer for further investigation.

tax return 130

tax return Tax financial statements payroll 130

Withum

JULY 10, 2024

Faced with California’s $45 billion budget deficit, Sacramento lawmakers continue to grapple with how to cure the shortfall. It comes as no surprise that in late June, the state’s Lt. Gov. Eleni Kounalakis, in her role as acting governor, and Gov. Gavin Newsom signed Senate Bills 167 and 175. The bills’ passage resulted in suspending the net operating loss deduction for businesses with greater than $1 million in income and limiting business tax credit utilization, along with other changes.

California 125

California income tax Tax business tax 125

Accounting Today

JULY 11, 2024

The agency is hoping to counter a widespread impression that people can get away without paying their taxes, according to Commissioner Werfel.

Tax 134

Tax audit 134

Going Concern

JULY 11, 2024

Announced 24 minutes ago via press release : Aprio (or the “Company”), a leading business advisory and accounting firm, today announced that it has received a strategic investment from Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm with more than $18 billion of capital raised since inception, to accelerate innovation and growth of the business.

accounting firms 120

accounting firms Account accounted accountant 120

Advertisement

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

accounting and finance

CPA Practice

JULY 9, 2024

Professionals taking part in the Thomson Reuters 2024 Future of Professionals report predict that artificial intelligence (AI) has the potential to save them 12 hours per week in the next five years, or four hours per week over the upcoming year – equating to 200 hours annually. This timesaving potential is the equivalent productivity boost of adding an extra colleague for every 10 team members on staff.

Legal 115

Legal Maine Tax 115

Insightful Accountant

JULY 10, 2024

Do you realize that July 31, 2024, is only 21 days away when Intuit will stop selling QuickBooks Pro and Premier to new subscribers? "What are you prepared to do?

quickbooks 105

quickbooks 105

Accounting Today

JULY 10, 2024

The laid-off workers will be replaced by specialists in engineering, product, and customer-facing roles as part of Intuit's larger AI plans.

134

134

Anders CPA

JULY 8, 2024

David Hartley, CPA, CISA, advisory partner-in-charge at Anders CPAs + Advisors (Anders), has been appointed to the Southern Illinois University (SIU) Foundation Board of Directors effective July 1, 2024. With a distinguished career and a deep commitment to philanthropy, Hartley brings invaluable expertise to the Foundation’s mission of supporting SIU’s academic endeavors.

Illinois 105

Illinois Missouri cpas CPA 105

Advertisement

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

Technology

CPA Practice

JULY 8, 2024

Vince Golle Bloomberg News (TNS) U.S. consumer borrowing increased in May by the most in three months, reflecting a jump in credit-card balances. Total credit outstanding rose $11.4 billion after a revised $6.5 billion gain in April, according to Federal Reserve data released Monday. The median forecast in a Bloomberg survey of economists called for an $8.9 billion increase for May.

New York 116

New York Finance Retail Sales 116

Insightful Accountant

JULY 11, 2024

MyWorks is an eCommerce integration app that can connect QuickBooks Online, QuickBooks Desktop, and Xero with WooCommerce and Shopify. Murph would like to make you 'App' aware of this highly functional tool if you're looking for an eCommerce app.

quickbooks 105

quickbooks 105

Accounting Today

JULY 12, 2024

Plus, Biller Genie launches QuickBooks Desktop integration, PayPal integration; and other accounting technology news.

Technology 133

Technology quickbooks accounted Account 133

Withum

JULY 10, 2024

In recent weeks, CDK Global’s customers experienced (and continue to experience) an outage of their dealer management system. This outage has negatively impacted dealerships’ sales, financing, and parts and service revenue streams. In addition, dealers have been forced to spend time and resources dealing with the emergency. At first, it was widely thought that the outage would be short-lived with minimal impact, but as time passed, the realization that this event could have a meaningful negative

forensic accounting 105

forensic accounting accounting and finance Sales Finance 105

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

Account

CPA Practice

JULY 9, 2024

Monthly inbound cargo volume at the nation’s major container ports is continuing to rise despite a variety of supply chain challenges, according to the Global Port Tracker report from the National Retail Federation and Hackett Associates. “Lulls between supply chain challenges seldom last long, and importers are currently looking at issues including high shipping rates, unresolved port labor negotiations and continuing capacity and congestion issues from the ongoing disruptions in the Red Sea,”

Retail 115

Retail New Jersey Virginia New York 115

Insightful Accountant

JULY 8, 2024

In this third article of Murph's miniseries on the 2025 ProAdvisor Awards forms, he examines the new Nomination Form and gives some quick tips on its use.

105

105

Accounting Today

JULY 10, 2024

Orumé Hays, founder of Hays CPA, wanted to make sure her future was never in someone else's hands.

CPA 131

CPA 131

ThomsonReuters

JULY 10, 2024

It’s back to business fundamentals for many tax and accounting firms as 2024 shapes up to be a year of re-assessment and re-building, according to the Thomson Reuters Institute 2024 State of Tax Professionals Report. Jump to: A deeper look at efficiency and automation The intersection of challenges and priorities in tax workflows A bright future awaits in workflow for tax professionals According to the survey, firms are taking stock of their strengths and weaknesses this year — and moving forwar

Tax 98

Tax Technology accounting firms accounts payable 98

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 technology to drive productivity and cost savings. So, how do you make the case for automation within your organization?

AP Automation

CPA Practice

JULY 11, 2024

Workiva Inc., a provider of assured integrated reporting, has added the Global Internal Audit Standards to the Workiva platform, making it the first SaaS company to incorporate the newest standards into its suite of GRC (governance, risk, and compliance) solutions. Released by the Institute of Internal Auditors (The IIA), the Global Internal Audit Standards are designed to equip internal audit professionals to respond to emerging business challenges and engage with board members and executives a

audit 111

audit auditor Washington Government 111

Accounting Seed

JULY 8, 2024

A revealing list of the top 5 reasons businesses make the switch from QuickBooks to Accounting Seed for their accounting needs.

quickbooks 98

quickbooks accounted Account accountant 98

Accounting Today

JULY 8, 2024

Test your accounting knowledge on identity theft, sales tax reliance, and more. No. 2 pencil not required!

Account 131

Account accounted accountant Sales 131

ThomsonReuters

JULY 9, 2024

In a landmark decision that has sent ripples through the legal and tax communities, the recent Loper Bright ruling has the potential to reshape the landscape of federal tax in significant ways. As businesses and individuals alike scramble to understand the implications of this pivotal case, Checkpoint turns to an expert who can shed light on the complexities and consequences of the ruling.

Tax 98

Tax Legal Gaming Government 98

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