AdviceForTaxpreparers

SEPTEMBER 8, 2020

Advice for Tax Preparers Making tax preparers lives easier one blog at a time HOME. ABOUT. CONTACT. BOOK. Earn $20 per Book Promoting My Tax Preparer Book from Home in Your Spare Time. by Bill Meador, CPA, JD. My name is Bill Meador and I am writing a book to help tax staff succeed in a public accounting firm tax department. Since I do not plan to sell this book through a publishing company, I need another way to market the book to the public.

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TaxConnex

SEPTEMBER 10, 2020

Lost sales, expenses for cleaning, more time and money for employee protection and training are just some of the reasons for businesses to claim they now have to charge extra to pay for responding to the pandemic (aka, “COVID surcharges”). In many places and for many industries these charges have become commonplace. Dentists’ offices were among the first reopening to charge such fees, followed by hair salons and other businesses that necessitate personal contact.

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South Carolina Sales Nevada Tax 246

MyIRSRelief

SEPTEMBER 8, 2020

As any business owner will tell you, there are simply not enough hours in the day, and life as a business owner can be described as ‘busy’ at best. If you’re running your own business, in Los Angeles, or Orange County, regardless of how large or small your company is, you simply must ensure that you have your books and accounts in order. The IRS doesn’t care about how busy you are, they don’t care about years of backed up bookkeeping, financial worries, or anything else, they simply care about y

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bookkeeping accountant Account accounted 147

BurklandAssociates

SEPTEMBER 10, 2020

Los Angeles is still a hot market for VC backed ventures (Seed - Series C). Yes, COVID-19 has slowed down the growth of many companies, but surprisingly the Median Deal Read More. The post Founders, Los Angeles Was Still a Hot VC Market this Summer appeared first on Burkland.

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Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

Account

PYMNTS

SEPTEMBER 9, 2020

Mastercard has announced a new virtual testing platform for Central Bank Digital Currencies (CBDCs). In a Wednesday (Sept. 9) news release, Mastercard said a recent survey revealed 80 percent of central banks are engaged in some form of CBDCs, while 40 percent have moved from research to experimenting with concept and design, according to by the Bank for International Settlements.

Technology 132

Technology 132

SMBAccountant

SEPTEMBER 10, 2020

The purchasing documentation and process helps keeps track of items to be charged but how does it all work?Who approves what money is spent in your company? What proof do you have that a purchase was approved? What project, if any, will this purchase be charged? Did you get the best value or price? These are very important questions whether a company has government contracts or not.

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Government accountant Account accounted 100

SkagitCountyTaxServices

SEPTEMBER 11, 2020

I have a few quick-hit things to cover today. The first of which relates to some timing issues. Labor Day is behind us (though many of my Skagit County business owner friends and clients don’t really take time off for that). (You can’t really take a vacation in the same way when you are where the buck stops. Because, well, you don’t want those bucks to stop for your family.

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tax preparation CPA Legal Tax 68

PYMNTS

SEPTEMBER 7, 2020

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis. In an interview With Karen Webster, Craig Dixon , general partner and CEO of Accelerating Asia , an independent startup accelerator based in Singapore, said helping startups scale and navigate the VC realm requires a focus on tel

Technology 119

Technology Education Finance Government 119

SMBAccountant

SEPTEMBER 10, 2020

The purchasing documentation and process helps keeps track of items to be charged but how does it all work?Who approves what money is spent in your company? What proof do you have that a purchase was approved? What project, if any, will this purchase be charged? Did you get the best value or price? These are very important questions whether a company has government contracts or not.

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Government accountant Account accounted 100

AccountingDepartment

SEPTEMBER 9, 2020

When the Covid-19 pandemic swept through the business landscape, how did your accounting department fare? For many, the reliance on paper and presence in brick and mortar offices created a crippling obstacle that distanced businesses from their financial data—at precisely the time they needed it most.

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accountant Account accounted bookkeeping services 71

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Account

FusionCPA

SEPTEMBER 11, 2020

The words "digital nomad" may seem like something from a science-fiction novel to some, but for marketing agencies not so much. Many small businesses do not even have a brick-and-mortar office as all the employees work remotely. Simplify accounting for marketing agencies Of course, people run their business while traveling to locations closer to home when going on short trips.

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accountant Account accounted accounting software 52

PYMNTS

SEPTEMBER 8, 2020

Amazon put a new date on the calendar last week. No it’s not Prime Day. But it has told its sellers that “Black Friday” deals will start on Monday, Oct. 26, leaving the rest of the retail world to read the tea leaves on Amazon’s Q4 plans. According to Tamebay , an Amazon seller news site, Amazon Early Black Friday Deals will start and run through Nov. 19.

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Start-ups Retail Sales 108

Katz,Sapper&Miller

SEPTEMBER 11, 2020

In today’s COVID-19 business environment, cyber threats have spread almost as rapidly as the virus itself – and manufacturing is uniquely susceptible. The industry has become increasingly digitized and data-driven, and the complexities of multi-organizational dependencies and data management in supply chains means that vulnerabilities are multiplying.

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Manufacturing 52

xendoo

SEPTEMBER 10, 2020

September 10 — Employees who work for tips. If you received $20 or more in tips during August, report them to your employer. September 15 — Individuals. Make a payment of your 2020 estimated tax if you are not paying your income tax for the year through withholding (or will not pay in enough tax that way). Use Form 1040-ES. This is the third installment For more information.

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Tax income tax tax return Legal 52

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

financial statements

SchoolofBookkeeping

SEPTEMBER 10, 2020

Running payroll inside of QuickBooks or using a product that imports into QuickBooks is a very cost-effective way to pay your employees and be compliant. Integration reduces errors and saves time, easing your entries into your checkbook. All of the. Read More. The post Choosing the Right QuickBooks Payroll Service appeared first on schoolofbookkeeping.com - Ignite Your Practice!

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quickbooks payroll 52

PYMNTS

SEPTEMBER 8, 2020

The rise of the coronavirus has spotlighted the need for corporate treasurers to make real-time decisions about cash management. JPMorgan ’s Head of Global Liquidity Product Solutions Specialists, Lori Schwartz , told PYMNTS in a recent Masterclass that the very nature of liquidity management is changing — and leading treasury management professionals to pivot to digitization and move from physical to virtual accounts.

Technology 107

Technology corporate accounting accountant Account 107

FusionCPA

SEPTEMBER 9, 2020

As an owner of a construction company, managing various elements from the field is necessary, and Xero accounting for construction companies can help. Projects, people, and related activities keep you on the road. Managing the financial aspects of your business never stops. There is field services management software that can monitor cash flow, send invoices, and help with other financial aspects as you work in the field with your mobile device.

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Construction accountant Account accounted 52

Katz,Sapper&Miller

SEPTEMBER 6, 2020

Regardless of the economic climate, tax planning is a valuable tool that all transportation companies should revisit each year. This is especially important during times of uncertainty, such as the current pandemic, to ensure that both short-range and long-term tax projections have been calculated and strategies forged. Troy Hogan, Director, Katz, Sapper & Miller shares best practices and actionable solutions for immediate use during McLeod Software’s virtual 2020 User Conference.

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tax planning Tax Transportation 40

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

Sales

SchoolofBookkeeping

SEPTEMBER 7, 2020

One of the challenges with QuickBooks Desktop is that QuickBooks needs access to various files and folders to be able to run properly. Often files will need to be updated from time to time, and if QuickBooks does not have. Read More. The post Setting QuickBooks to Run as Administrator appeared first on schoolofbookkeeping.com - Ignite Your Practice!

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quickbooks 52

PYMNTS

SEPTEMBER 11, 2020

The great digital shift in the quick-service restaurant (QSR) space shows no signs of stopping. To that end, Bloomberg reported that Chipotle Mexican Grill CEO Brian Niccol estimated the firm’s digital sales could be as much as $2.4 billion in 2020, leagues higher than the $1 billion seen in the previous year. And in a nod to the fact that mobile and online orders are here to stay, Niccol said sales digital sales could be as much as 40 percent to 50 percent of revenues, which Bloomberg noted wo

Sales 106

Sales accountant Account accounted 106

PYMNTS

SEPTEMBER 7, 2020

The nation’s banks are anxious about getting loans repaid that are secured against empty office buildings, hotels and malls. Disclosure of these so-called criticized loans, which are warning signs about a borrower’s ability to pay, revealed of the 10 banks that have seen the largest increases, criticized loans have risen by 62 percent in the second quarter (Q2).

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Real Estate New York Florida 103

PYMNTS

SEPTEMBER 8, 2020

Apple Pay users may soon be able to use a feature in the Wallet app to make payments by scanning a QR code. AppleInsider reports the new method would no longer require near field communication (NFC), the wireless data transfer that enables nearby devices to communicate without an internet connection. Since its launch, Apple Pay transactions at brick-and-mortar retailers relied on NFC and an iPhone near the payment terminal to make a contactless purchase.

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Retail Sales 102

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The first Market Momentum Index: AI and Unstructured Data Management, conducted by Deep Analysis with support from AIIM and M-Files, surveyed 500 enterprises across various industries to assess their readiness to employ AI. The results reveal that AI is already far more embedded into organizations' operations than previously realized. These findings and more insights have been brought to you in the "Market Momentum Index: AI and Unstructured Data Management.

PYMNTS

SEPTEMBER 7, 2020

Warren Buffett has once again reduced his company’s investment in Wells Fargo & Co. , favoring Bank of America (BoA) instead. The Financial Times (FT) reported Berkshire Hathaway now owns 138 million shares in Wells Fargo, a 3.3 percent stake in the nation’s fourth largest U.S. bank, down from more than 8 percent last year. Last month , Berkshire reduced its Wells Fargo stake by 26 percent to 237.6 million shares, based on its second quarter report with the Securities and Exchange Commission

Sales 100

Sales accountant Account accounted 100

PYMNTS

SEPTEMBER 7, 2020

Outside of the pandemic — if there is such a thing as outside of the pandemic — two stories have been the most compelling in retailing so far this year. The first is the digital shift. The second is the rise of direct-to-consumer (DTC) brands. Last year, DTC online sales reached an impressive $14.28 billion , with that figure expected to grow more than 24 percent in 2020.

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Retail Manufacturing Start-ups Sales 100

PYMNTS

SEPTEMBER 7, 2020

The year 2020 began inconspicuously — but in a few short weeks, everything changed. For businesses, the world market was thrown into volatility, yet soon, new opportunities emerged. In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business.

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PYMNTS

SEPTEMBER 9, 2020

The year 2020 has been an unexpected one, to say the least — not least of all for the payments ecosystem. This year was supposed to be a tipping point for real-time payments adoption in the U.S., yet progress hasn't been as advanced as many in the industry would have liked. Interestingly, said Manish Gurukula , CEO of Alacriti , it's not the pandemic that has slowed the country's path toward faster payments.

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Technology B2B Government Retail 97

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

PYMNTS

SEPTEMBER 11, 2020

The United States may have some of the world's best cryptographers working for the National Security Agency and other spy shops, but the Internal Revenue Service (IRS) is crowdsourcing at least part of its effort to beat the algorithms that cloak information about certain cryptocurrencies. The agency recently issued a request for proposals from anyone who can help track payments using the Monoro or Lightning protocols and similar approaches to hiding tracks.

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Government Technology 96

PYMNTS

SEPTEMBER 9, 2020

The American healthcare system is sick — a story told in a runaway cost structure, subpar patient outcomes, frustrated physicians and what Sesame CEO David Goldhill called during a conversation with Karen Webster “315 million miserable stories about healthcare.”. “Every single American has had some terrible thing that happened to them … usually because of confusion, complexity [or] lack of accountability,” he said.

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Healthcare Entertainment Hospitality New York 96

PYMNTS

SEPTEMBER 9, 2020

The payments digitization push has ramped up for corporates in recent months, with growing corporate card adoption attributed to the pandemic, recent Mastercard data reveals. Yet it's not only the need to embrace electronic payments that is encouraging government agencies, small businesses and larger enterprises to embrace the payment tool. In this week's Commercial Card Innovation Tracker, PYMNTS rounds up the latest innovations that showcase how industry players are looking beyond the card its

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Expense Management Technology B2B Government 94

PYMNTS

SEPTEMBER 8, 2020

The reCommerce business has met the sharing economy. That’s the oversimplified view of the business model adopted by Wardrobe , a new kind of peer-to-peer fashion rental company that on Tuesday (Sept. 8) is breaking out of its New York City beta test and into a nationwide launch. But before getting into the launch and exploring how the Wardrobe concept will be deployed, as well as potential comparisons to its competitors, it’s essential to understand its business model.

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