Sat.Sep 10, 2022 - Fri.Sep 16, 2022

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Growing Pains: The Top 8 Accounting Issues We See at Startups

BurklandAssociates

Burkland’s Fintech Practice Leads Steven Lord and Smit Shukla share eight accounting gaps and issues to watch out for in the early days of scaling a startup. Startups are inherently Read More. The post Growing Pains: The Top 8 Accounting Issues We See at Startups appeared first on Burkland.

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How to Easily Sell Peace of Mind to Your Clients

Ryan Lazanis

As an accounting firm owner, you should know that one of your main selling points is providing peace of mind to your clients. But how do you make this more tangible for them? In this podcast episode, I’ll give you some tips on how to easily sell “peace of mind” to your clients. Listen Below. 0:59 – Clients say that peace of mind is what they’re looking for from their accounting or bookkeeping firm. 1:39 – I want to show you how you can gain an advantage over y

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Signs It May Be Time For a New Accountant

AccountingDepartment

Hiring your first accountant, whether it be internal or external, for your business is a big step in terms of growth. It provides some further assurance that your company's finances will be kept in check. However, the first accountant or the current accountant that you work with might not be the best accountant or even the best option for your business.

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The Right Document Management System for Your Accounting Firm | Canopy

Canopy Accounting

Your company could be stacked with all kinds of human talent. A whole office building of ambitious, albeit nerdy, accountants with Ivy League universities listed on their resumes.

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Forecasting Failures Are Costly: Here's How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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Been Burned by Outsourcing Before? Let's Talk about It.

GrowthForceBlog

6 min read. Making the decision to enlist an outside company to handle any portion of your business is a big choice and one that should not be taken lightly. With the right outsourced professionals, your business stands to improve leaps and bounds. Selecting the wrong outsourced service provider, however, can cause irreversible damage to your company with inefficient and unorganized systems, poor communication, lowered standards, and unhappy customers.

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KPMG’s ‘Do As We Say Not As We Do’ Tips to Prevent Employee Turnover

Going Concern

KPMG has some sponsored content in Harvard Business Review about how to keep employees from defecting (defecting? Really? It’s a job, not the Sandinistas) and in it, the firm offers some suggestions to encourage employee loyalty. Suggestions that they themselves would be wise to implement should KPMG want to hang on to their own people (there may or may not be a mass exodus underway at KPMG , according to Going Concern archives this has been going on at least since we were founded in 2009)

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But Who’s Counting? Episode 12: Should Businesses Consider Accepting Cryptocurrency?

Anders CPA

Some of the largest companies are now accepting bitcoin and other cryptocurrencies as payment, but how and when will this impact small and mid-size businesses? In this segment of But Who’s Counting?, David E. Hartley sits down with Anders tax partner and cryptocurrency guru Derek A. Barnard to dive into what investors and businesses need to know before they get involved with crypto, including: Clearly defining blockchain and cryptocurrency Tax implications of bitcoin and other cryptocurren

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How to Conduct an Audit in Your Small Business

Patriot Software

A nerve-wracking visit from the IRS isn’t the only type of audit out there. There are several audits you can—and should—conduct regularly. And to do that, you need to know how to conduct an audit. Read on to learn: What is an audit? The types of audits Why performing an audit is important How to […] READ MORE.

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2022 tax planning after the Inflation Reduction Act

Accounting Today

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Colorado: Fee or tax?

TaxConnex

Remote retail sales just got rockier in Colorado, which has begun imposing a 27-cent fee on every retail delivery made by motor vehicle to a destination in the state. The fee will apply when at least one item is subject to sales or use tax and the delivery is mailed, shipped or delivered by motor vehicle. Wholesale sales or sales of exempt goods are not subject to the fee.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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IRS Notice of Deficiency – Help Rights &Options

MyIRSRelief

Receiving an IRS Notice of Deficiency, also known as a “90-day letter,” is a serious matter that requires prompt attention. If you receive this notice, it means that the IRS has determined that you owe additional taxes and that you have 90 days to either pay the amount in full or file a petition with the U.S. Tax Court. If you need tax representation, call us at 1-877-78-TAXES [1-877-788-2937].

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Dealer Vision: Volume VII

Withum

End Summer on a high note by diving into these exciting articles written by Michael Mulhearn , Michele D’Antonio , Robert Campbell and first-time writer, Joseph Polanco. We will discuss if trade-ins are eligible for a sales tax credit, how to protect your dealership from fraud, the automotive industry in the metaverse and privacy and safeguarding customer information.

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Audit Partners and MDs Work Much, Much Harder Than Everyone Else at PwC

Going Concern

Saw this in PwC’s 2022 Audit Quality Report and wanted to get the peanut gallery’s opinion on this math: My first thought is imagine how much worse these numbers would be if you people didn’t eat as many hours as you do. Though judging by this, you’re getting much better at it. Thoughts? Concerns? Outrage? Have at it in the comments.

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How not to tank your sales tax audit (part 1)

TaxConnex

If you are a business that must collect and remit sales tax, an audit is probably one of your biggest fears. Rightly so: Sales tax audits can find fault with a variety of your operations and can cost you big– if the determination goes against you. But as usually happens in business, you can take steps to protect yourself and, in fact, not make the situation worse.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Expanded 45L and 179D energy efficiency tax breaks have implications for real estate owners

Accounting Today

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Make Giving a Habit With Daffy

Withum

Explore Other Episodes. #CivicWarriors #WithumImpact. The post Make Giving a Habit With Daffy appeared first on Withum.

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Don’t Call it a Cleanup

Intuitive Accountant

Profit First Professionals' Ron Saharyan on why the word “cleanup” may just be a dirty word in your firm’s vocabulary.

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Listicle of the Day: The Accounting Firms on Fortune’s 25 Best Large Workplaces in Consulting and Professional Services

Going Concern

Yikes that headline was a mouthful, sorry about that. Anyway, Fortune has released its 25 Best Large Workplaces in Consulting and Professional Services list and you might be surprised to learn that only one Big 4 firm cleared the top ten. Actually you might not be surprised by that at all once you learn the methodology : To determine the Best Workplaces in Consulting & Professional Services list, Fortune partnered with people analytics company Great Place to Work who analyzed the survey resp

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

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October is the cruelest month: Tax pros discuss the second season

Accounting Today

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Making Sense of a Wacky Stock Market 

Withum

Yesterday (September 13), the Dow Jones Industrial Average opened up about 375 points and closed down 1276 points or a loss for the day of 3.9%. The S&P 500 index was down 4.3%, and NASDAQ down 5.2%. These are big losses, yet all three indexes are up for the prior three-month period. Stock prices go up and down, and this is a continuous situation.

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Equifax Verification – A QuickBooks Desktop 2023 Feature

Intuitive Accountant

New for 2023, QuickBooks has partnered with Equifax to automate employment and income verification. No data is shared unless the employee specifically makes a request. Employers also can opt out of this service.

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Women in business shoutout to their biggest inspiration!

Reckon

Reckon is like an accountant in your pocket – but we’re not the only ones making small business life easier. We invited Reckon clients to tell us about the people in their lives who’ve made their success possible. Katy Walker, Amanda Stevens and Christine Metcalfe share the stories of their pocket pals who’ve inspired them and who have always had their back through their professional journeys.

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New Software & You: Elevating Your Tech Stack

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

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Art of Accounting: Terminating your practice

Accounting Today

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Taking Aggressive Tax Positions in Light of the Expected IRS Hiring Binge

Withum

Thanks to the Inflation Reduction Act the IRS is hiring thousands of new field agents and examiners. Before this new funding, taxpayers of all stripes and income brackets enjoyed a period of very low audit rates due to the IRS’s shrinking workforce, which further exacerbated the audit statistics. As a result, the chances of getting audited became about the same as the odds of winning the Power Ball lottery.

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Creating an Unlimited PTO Policy

Patriot Software

Offering paid time off (PTO) is a benefit many small business owners extend to employees. Although the Fair Labor Standards Act (FLSA) does not typically require PTO, many business owners provide paid vacation and personal days. And, some employers may even offer unlimited PTO policies. Have you considered creating an unlimited PTO policy for your […] READ MORE.

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Making the Business Case for AP Automation

Intuitive Accountant

For a variety of reasons, it can be difficult to convince some executives to make the investment in AP automation. MineralTree COO Elizabeth Kowal explains how to make it happen.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

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.

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Victims of Mississippi water crisis get filing relief

Accounting Today

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4 Accounting Tips to Run a Profitable Professional Services Company

Basis 365

It doesn't matter if you run a marketing agency or a management consulting firm when it comes to managing a profitable consultancy business. It is only half of the job to provide your consulting services. In addition, your business must send accurate invoices to clients and collect payments promptly. For a service-based business to be profitable, it is essential to track time and invoicing accurately.

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Doffing and Donning Definition

Patriot Software

Employers might require employees to wear uniforms or protective gear depending on the type of business and work environment. To follow federal and state laws, employers must know the regulations of employees putting on and taking off work-related gear and clothing, otherwise known as donning and doffing. Learn more about what is donning and doffing, […] READ MORE.

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Rob Israch Named Tipalti's First President

Intuitive Accountant

As part of his new role, Rob Israch will assist Tipalti in ushering in the company's next phase of growth.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.