TaxConnex
APRIL 7, 2022
Federal Income Tax Day, April 18 th , looms large in everybody’s mind right now. Too bad sales tax doesn’t come with a deadline that simple. State sales tax filing obligations come in a dizzying number of deadlines for you to follow (potentially with bad consequences if you don’t). And generally, the higher the volume of tax you’ll be reporting, the more often you have to file.
Accounting Web
APRIL 4, 2022
Practice 6 Ways to Help Clients Face Financial Fears.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
AccountingDepartment
APRIL 5, 2022
Hiring a bookkeeper can be a great way to make sure your company's accounting needs are being handled. But you might be surprised to know that the bookkeeper doesn't have to be in-house, at all. Virtual bookkeeping is becoming much more common today, and a virtual bookkeeper could be the perfect choice for your business needs. With so many remote and telecommuting options available today, outsourcing your company's bookkeeping needs is a great way to make things easier.
Withum
APRIL 5, 2022
The goal of minimizing tax liability likely drives a desire to discover new advantages in the tax law. If this sounds familiar to you, when planning for the upcoming tax year, a great place to start is with the basics. We can help. As you navigate our complicated tax code, you need a partner and important information in order to make the appropriate adjustments.
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.
TaxConnex
APRIL 5, 2022
Tangible personal property has historically been subject to the collection and remittance of sales tax while many services have been non-taxable (or exempt). More and more services are becoming taxable and represent a potential big wave of tax changes and updates in the years ahead. If your business sells?software or software-as-a-service?(SaaS), you deal with one of the most complex sales tax situations today.
BurklandAssociates
APRIL 6, 2022
This article is the first installment of a two-part series on cash management and supply chain challenges of startups. Check back next week for the second installment, where we’ll explore Read More. The post Cash Management & Supply Chain Challenges of Startups appeared first on Burkland.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Withum
APRIL 8, 2022
Explore Other Episodes. #CivicWarriors #WithumImpact. The post Accepting Non Fungible Token (NFT) Donations with Sostento appeared first on Withum.
SchoolofBookkeeping
APRIL 8, 2022
Intuit QuickBooks is offering powerful tools that make work easier for small business and accounting professionals. With this in mind, they’ve rolled out a new network that aims to simplify and streamline processes, introduced another premium app, as well as a few updates to our platforms to make your life easier. The QuickBooks Business Network.
ThomsonReuters
APRIL 7, 2022
Proposed Rule: Affordability of Employer Coverage for Family Members of Employees, 26 CFR Part 1, 87 Fed. Reg. __ (Apr. 7, 2022). Available at [link]. The IRS has proposed regulations that would change the eligibility standards for an Affordable Care Act (ACA) premium tax credit (PTC) by providing that affordability of employer-sponsored coverage for an employee’s family members would be based on the employee’s cost to cover the employee and those family members, rather than the cost of employe
Ryan Lazanis
APRIL 4, 2022
Do you want to know how to start a bookkeeping business or accounting firm in 2022? Great news, because this step-by-step guide will cover the critical 7 steps you’ll need to follow to set up a modern bookkeeping practice and to land your first clients. In fact, these are the very steps that I followed to help take my heavily bookkeeping-focused accounting business from scratch to sale in only 5 years.
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
APRIL 8, 2022
Explore Other Episodes. #CivicWarriors #WithumImpact. The post Accepting Non Fungible Token (NFT) Donations with Sostento appeared first on Withum.
Patriot Software
APRIL 6, 2022
Employers juggle many responsibilities, including calculating and withholding payroll taxes and other deductions. But, what exactly does payroll taxes include? And, how do you know how much to withhold from employees’ wages? If you’re wondering about understanding payroll taxes, never fear—your payroll taxes breakdown is here. What are payroll taxes?
ThomsonReuters
APRIL 7, 2022
Coalition for Workforce Innovation v. Walsh, No. 1:21-cv-00130-MAC (E.D. Tex. Mar. 14, 2022). In 2021, the DOL withdrew regulations on determining whether a worker is an independent contractor for purposes of the Fair Labor Standards Act (FLSA) (see our Checkpoint article ). The regulations had been issued in final form in January 2021 with a March 8, 2021 effective date but were almost immediately subject to a regulatory freeze (see our Checkpoint article ), and then delayed to May 7, 2021 (s
xendoo
APRIL 8, 2022
Many small business owners miss out on tax savings simply because they aren’t aware of what tax deductions are available. As professional accountants, we know all the small business tax deductions that can save you money, and we’re sharing them in this tax deductions checklist. . Before we get into the nitty-gritty of what you can count as a tax deduction, let’s define what a tax deduction is and isn’t.
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
APRIL 5, 2022
Withum is proud to share that The Washingtonian selected team members Joel Susco , Brian Wynne and Billy Thomas for their DC’s Best Financial Advisers list. Joel and Brian, Partners, and Billy, Senior Manager, were chosen for the directory because of their industry expertise, community involvement and trustworthy reputations in the DC business world.
Ryan Lazanis
APRIL 4, 2022
Want all the information you need about accounts payable workflow automation? You’ve come to the right place. In this article, you’ll learn: What accounts payable automation is. 11 different benefits of automating this process. The best tools to automate A/P. How to specifically automate A/P. Let’s dive in! What is Accounts Payable Workflow Automation.
ThomsonReuters
APRIL 7, 2022
Announcement of Calendar Year (CY) 2023 Medicare Advantage (MA) Capitation Rates and Part C and Part D Payment Policies (Apr. 4, 2022); Fact Sheet: 2023 Medicare Advantage and Part D Rate Announcement. Announcement. Fact Sheet. Under Medicare Part D regulations, most group health plan sponsors offering prescription drug coverage to Part D eligible individuals (including active or disabled employees, retirees, COBRA participants, and beneficiaries) must disclose to those individuals and to CMS wh
Going Concern
APRIL 5, 2022
Scott Marcello. It only took five years, but Scott Marcello finally received some sort of punishment for what happened in KPMG’s audit practice several years ago as partners were working with PCAOB insiders to illegally receive advanced notice of the PCAOB’s inspection plans for KPMG audits. Marcello, KPMG’s former vice chair of audit, was fined $100,000 today by the PCAOB under a new disciplinary category—“supervisory failures”—regarding KPMG getting and using confidential PCAOB inspection info
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.
Withum
APRIL 5, 2022
Ken Burns’ Benjamin Franklin debuted on PBS last night and will continue tonight. If you missed it, I am sure you will have many opportunities to watch it when it is re-run. Benjamin Franklin’s summary of his advice on “The Way to Wealth” appeared in his 1758 and final edition of Poor Richard’s Almanac. The entire 25 year run of the Almanac is still being published and various editions are easily available at online booksellers and many brick and mortar stores and public libraries.
Basis 365
APRIL 6, 2022
If you're like many small business owners, you may think that forecasting and budgeting are one in the same; however, you'd be wrong. No matter the size of your business, it's essential to have an accurate forecast and budget as both work together to help you reach the ultimate goal of financial prosperity. But while both are equally important - budgeting and forecasts are two completely different financial beasts.
ThomsonReuters
APRIL 7, 2022
QUESTION: Our company’s qualified transportation plan allows employees to purchase transit passes with pre-tax compensation. Passes are distributed directly to employees; cash reimbursements are not allowed. Should we require substantiation or certification that an employee is using the pass to get to work? ANSWER: The Code provision authorizing qualified transportation plans indicates that the tax benefits under a qualified transportation plan are for “employees.
AccountingDepartment
APRIL 7, 2022
Accurate and healthy accounting is vital for all businesses but often falls by the wayside for business owners, especially if they are juggling other responsibilities of managing and maintaining day-to-day operations. However, accounting should never be treated as an afterthought because it can lead to mistakes for the company. When accounting mistakes occur, it can hinder growth and cause uncertainty in the company's future success.
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.
Anders CPA
APRIL 5, 2022
After an intense NCAA tournament, Erin Sweeney crafted the winning bracket in the 34th annual Anders Hoops for Hope tournament! Erin beat the odds to come in first place this year out of 639 total brackets. Thank you to our sponsors and everybody that participated to make this year such a success! All participant and sponsor donations benefitted the 2022 Charity of Choice, Lydia’s House.
Lockstep
APRIL 6, 2022
Accounting teams rely on email for so much, it’s ridiculous. These teams depend on email to communicate internally with their teams, and externally with customers, sometimes managing four or more inboxes at a time. Managing today’s accounting email inboxes with limited collaboration capabilities means teams are using Slack, Teams, productivity tools, phone calls, IMs, and smoke signals to close the books.
ThomsonReuters
APRIL 4, 2022
Sure, your firm’s tax compliance software does its job, but you know that there’s room for significant improvement. Tax season can obviously be a hectic and stressful time, but eliminating time-consuming tasks, and streamlining and automating the tax workflow would be transformative for you and your staff. What’s more, you’ve found the new software solution that you believe can deliver all of the powerful, time-saving tools your firm needs to work better and faster.
SkagitCountyTaxServices
APRIL 6, 2022
The first months of 2022 have been somewhat of a whirlwind. And while people everywhere are breaking out the deep cleaning sprays and scrub brushes to get a little springtime sparkle, you might want to be thinking about a similar process for your business. You know, while we’re all in the mood. (Though I should state for the record that here at Padgett & Padgett, PLLC CPA … we’ve been in busy season mode, and aren’t quite in that “spring cleaning mood” yet, ha.).
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
Withum
APRIL 8, 2022
The House recently passed H.R. 2954 Securing a Strong Retirement Act , often referred to as SECURE Act 2.0, putting a full-court press on the need for Americans to add more to their retirement accounts. So for all of you who have been searching for ways to invest in Roth retirement plans, the bill should make you feel like Christmas came early. However, the aspects of the bill that would tax retirement contributions, as opposed to distributions, could be surprising for some.
Basis 365
APRIL 4, 2022
Business is booming, and suddenly, you need extra hands in the office to accomplish your many emerging tasks. As a result, it's time to start thinking of hiring new employees. Though this phrase is inspiring and productive for your company, recruiting new staff members is also a timely and financially costly assignment. Unless you know what to expect and how to handle the changes well, onboarding personnel can cause significant financial and management problems for your industry.
ThomsonReuters
APRIL 4, 2022
Whether you’ve read about it in industry publications, heard about it at trade conferences or discussed it with your peers, you know that more and more firms are shifting away from compliance-based practices in favor of higher-value advisory services. You understand the importance of providing clients more proactive, strategic advice, but you’ve been unsure how to make the pivot — until now.
Going Concern
APRIL 6, 2022
As of February 2022, inflation in the United States has hit a 40-year high at 7.9%; the last time inflation was this bad, many of you weren’t even alive so yay, think of this like Halley’s Comet, some day in the distant future you’ll get to say “I was there!” You don’t need us to tell you your money is buying less these days of course, assuming you have visited a grocery store and/or filled your gas tank in the last, oh, several months.
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.
246 
Let's personalize your content