SMBAccountant

DECEMBER 2, 2020

Many small business government contractors are exempt from complying with cost accounting standards (CAS) and defined by the code of federal regulations (CFR). However, compliance with generally accepted accounting principles (GAAP) is required. What exactly is GAAP? GAAP are a set of accounting principles established by the Financial Accounting Standards Board (FASB) to provide clarity, consistency, and comparability of financial reporting and information.

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Government accounting principles Account accounted 219

PANALITIX

NOVEMBER 30, 2020

RESOURCES / ARTICLES. Building the Accounting Business. YOU WANT in 2021. Accounting businesses are thinking ahead to 2021… and Panalitix is fortunate to be working closely with many of them in North America, Europe, Australia and New Zealand. One observation is that many partners are not satisfied with the current state of their businesses. Specifically, they want to work with clients who VALUE their skills and insights, rather than ‘checking tax returns’. they want to be stimulated by interest

Account 130

Account accounted accountant North Carolina 130

LSLCPAs

DECEMBER 3, 2020

You’ve just been told you need an audit by your banker to satisfy covenants, or your Board of Directors is requiring that an audit be performed. Most CPA firms perform audits in accordance with Generally Accepted Accounting Principles (GAAP). During an audit, your CPA will perform a test of your […]. The post What You Should Expect from Your CPA During an Audit |For Privately Held Companies appeared first on LSL CPAs.

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audit CPA accounting principles cpa firm 52

BurklandAssociates

NOVEMBER 30, 2020

Many have asked for the latest update on PPP forgiveness. There are a few Burkland clients who have submitted their PPP forgiveness application, were approved, and had their loan fully Read More. The post PPP Forgiveness & Tax Update appeared first on Burkland.

Tax 250

Tax accountant accounted Account 250

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

DECEMBER 3, 2020

Alpharetta, GA - TaxConnex, Inc today released the results of a new survey finding that the increasing sales tax complexities, growing nexus, limited resources and additional audits are among the top worries of financial professionals in 2021. The nationwide survey, conducted by Porter Research Group in November of 2020, is composed of responses from 100 top finance professionals on their thoughts and experiences in managing sales tax.

South Dakota 211

South Dakota Sales Tax Finance 211

PANALITIX

DECEMBER 3, 2020

RESOURCES / ARTICLES. Finding Your Niche: Lessons from Accountants on the Specialization Journey. Accounting businesses are thinking ahead to 2021… and Panalitix is fortunate to be working closely with many of them in North America, Europe, Australia and New Zealand. One observation is that many partners are not satisfied with the current state of their businesses.

Account 231

Account accounted accountant North Carolina 231

PYMNTS

NOVEMBER 30, 2020

The divide between digital and brick-and-mortar commerce hit a tipping point this holiday season, with more consumers than ever going online to kick off their holiday shopping sprees. Three out of every four consumers who shopped for their holiday purchases on Black Friday this year made at least one of those purchases online, and three in 10 exclusively shopped online.

Gaming 128

Gaming Retail Maine 128

TaxConnex

DECEMBER 1, 2020

In light of the Wayfair decision, and due to recent new hires in a new state or increased online sales, you’ve determined you meet sales tax nexus thresholds outside of just your home state and now you have to collect, file, and remit sales tax in multiple states. What a headache. To make matters worse, this is a compliance issue, so you must act. What do you do?

Sales 182

Sales Tax 182

Withum

DECEMBER 1, 2020

Entertainment 104

Entertainment 104

MyIRSRelief

DECEMBER 1, 2020

As ruthless as the IRS can be, they aren’t completely heartless and they themselves know that businesses can’t be expected to hand over unreasonable amounts of profit every time they file their tax returns. As a result of this, for people looking to save on your business taxes, the IRS is set up in such a way that it provides a series of tax savings, breaks aka deductions for individuals and business owners alike.

business tax 130

business tax Tax tax return accrual accounting 130

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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.

Technology

PYMNTS

DECEMBER 2, 2020

Payments giant Stripe is taking Stripe Capital , its push into online business finance and lending, to the next level. Stripe Capital first got off the ground in September 2019, offering customers and businesses financing options through its online platform. On Tuesday (Dec. 1), Stripe went live with the next phase in its business lending campaign, which enables online platforms to offer financing to their business customers through Stripe Capital.

Finance 120

Finance Retail Sales 120

IgniteSpot

DECEMBER 1, 2020

bookkeeping 104

bookkeeping 104

ThomsonReuters

NOVEMBER 30, 2020

The new Thomson Reuters podcast, Tax & Tech Talks explores the evolving inter section of tax and technology. Each episode explores current issue s or topic s , giving listeners an opportunity to gain a deeper understanding and new perspectives in tax and tech. We chat with top subject matter experts and industry leaders as we break down these top-of-mind topics. .

Finance 98

Finance Technology Tax accounting and finance 98

Withum

DECEMBER 2, 2020

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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.

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PYMNTS

DECEMBER 1, 2020

With apologies to T.S. Eliot: This is the way Libra launches — not with a bang, but a whimper. It’s been more than a year in the making — with no shortage of caution and criticism by lawmakers and regulators here in the states and in Europe — but Libra, the digital currency backed by Facebook and a revolving cast of other tech firms, could debut as early as next month.

Technology 117

Technology B2B Retail accountant 117

SmallBusinessAccounting

DECEMBER 1, 2020

Whether you file as a corporation or a sole proprietor, here's what business owners should keep in mind when it comes to their 2020 taxes.

business tax 66

business tax Tax 66

ThomsonReuters

DECEMBER 3, 2020

QUESTION: Our company has decided to self-insure our major medical plan (which is subject to ERISA). Since our plan has been fully insured until now, the insurer has made all claims and appeals decisions without the company’s involvement. Now, we are engaging a TPA to provide certain administrative services for the self-insured plan. Will the TPA assume claims and appeals responsibilities like the insurer has?

Legal 59

Legal Tax accounted Account 59

Withum

DECEMBER 4, 2020

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78

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

PYMNTS

NOVEMBER 30, 2020

When PayPal announced recently that its 350 million users can deposit bitcoin and other cryptocurrencies in their accounts and spend it at 26 million merchants next year, it was characterized as the inevitable advance of digital currency. Daniel Gouldman , CEO of crypto-banking platform operator Ternio , told Karen Webster that PayPal’s endorsement is a major step in crypto’s quest to go mainstream.

Real Estate 117

Real Estate Washington Government Gaming 117

SkagitCountyTaxServices

DECEMBER 2, 2020

There’s both good news (for some) and bad news (for many) as we round the corner into December. And I’m not talking about our culture, or politics, or sports, or anything like that. I’m talking about TAXES. I’ll start with the good news. This is applicable to some of my readers only, but it is nice news for Skagit County business owners in certain high tax states.

tax preparation 55

tax preparation Sports CPA Tax 55

SmallBusinessAccounting

DECEMBER 1, 2020

As we close out the year, here's what individuals and families need to know about tax provisions for 2020.

Tax 53

Tax 53

Withum

DECEMBER 2, 2020

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77

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

PYMNTS

NOVEMBER 30, 2020

A hacker is reportedly selling information from hundreds of C-suite executives' Microsoft -based email accounts, according to a report from Engadget. The targets spanned CEOs, vice presidents and directors, and included "the chief of a mid-sized American software company, the president of a U.S. apparel maker and the CFO of a European retail chain," according to Engadget.

Retail 116

Retail accountant accounted Account 116

KROST

DECEMBER 1, 2020

California Proposition 19 passed with just over 51% of the vote in the general election on November 3rd and is expected to become law. This new law has two separate effective dates: February 16, 2021 – For beneficiaries of real estate that use the property as a primary residence. April 1, 2021 – For transferring a property tax assessment to a new location within the state of California.

California 53

California Tax Real Estate public accounting 53

SmallBusinessAccounting

DECEMBER 1, 2020

Whether you're starting a charity, a social organization, or an association there are certain steps you must take before you can apply for tax-exempt status.

Tax 52

Tax 52

Withum

DECEMBER 3, 2020

Withum has prepared a 48 page e-book with year-end tax planning ideas that is available for easy download. See link at end of blog.

tax planning 66

tax planning Tax 66

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

PYMNTS

DECEMBER 4, 2020

J.P. Morgan Chase said that brisk Black Friday and Cyber Monday sales are likely indicators of a record-breaking eCommerce holiday shopping season. J.P. Morgan Merchant Services’ combined in-store and eCommerce payments were up 15 percent over last year’s Black Friday weekend, “a sign that the pandemic did little to curtail spending as the holiday shopping season began,” Doug Smith, executive director of J.P.

Sales 115

Sales Retail 115

Patriot Software

NOVEMBER 30, 2020

Thinking about giving your employees paid sick or vacation days? Why not combine them under one paid time off plan? The U.S. Bureau of Labor Statistics (BLS) says that 41% of private sector workers have access to a consolidated leave plan. That means employees can use paid time off for any reason. Get the 411 […] READ MORE.

payroll 52

payroll 52

Katz,Sapper&Miller

DECEMBER 2, 2020

COVID-19 has thrown a wrench into nearly everything in 2020. Despite the hope that the stroke of midnight on Dec. 31 will bring resounding relief, provider productivity and compensation tracking will continue to see the ghost of 2020 unless preemptive planning has taken place.

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52

Withum

NOVEMBER 30, 2020

As I do every Thanksgiving morning, I watch the Macy’s parade, or certainly parts of it, on TV. This year was no different except that there was no parade; there was a show. However, from my television screen it’s always a show.

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66

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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.