article thumbnail

Tax Fraud Blotter: Sick excuses

Accounting Today

Hass owned and operated a shipping and logistics company and since 2014 has operated the company under three different names. He failed to collect, account for and pay over payroll taxes to the IRS on behalf of each of these companies from 2014 to 2022, a total of at least $3.5 million payroll tax scheme.

Tax 213
article thumbnail

App partner of the month: Datamolino

Xero

“We figured there must be an easier, more straightforward way to get the key information from bills and receipts into the accounting tools,” says Jan. Datamolino automates data capture and processing for bills, receipts and invoices. There were tools for large corporations but nothing for small business.

XERO 264
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

App partner of the month: EzzyBills

Xero

EzzyBills was co-founded by Michael and Li Fitzmaurice in 2014 in Australia, after Michael had been creating tools supporting older, legacy accounting software to keep inventory and sales information up-to-date. Through his experience, Michael saw a bigger opportunity to help small businesses with their bills and expenses via the cloud. “I

XERO 246
article thumbnail

Understanding ASC 606 Revenue Recognition?

Billing Platform

When: In May 2014, the FASB and IASB jointly issued Accounting Standards Update (ASU) 2014-09, which introduced ASC 606. Contract management: Ensure the billing solution enables you to easily manage contract rates and payment terms, as well as provides the ability to set specific pricing, define rules, and create account hierarchies.

article thumbnail

QuickBooks Connect: Everything You Need to Know

Future Firm

QuickBooks Connect was first held in 2014 in San Jose, California. 2014 Conference. In this year’s event, QuickBooks announced a number of new features, including progress invoicing, which allows you to bill customers for ongoing projects, email integration to automatically fetch emails, and many more. 2019 Conference.

article thumbnail

Accounting Technologies: The 2023 Annual Guide

Future Firm

Incorporating accounting technology such as optical character recognition (OCR) software enables accounting firms and professionals to streamline their workflow by automating the extraction of machine-readable text from various financial documents, including bills.

article thumbnail

FAQ: AvidXchange Partnership with Rent Manager Offers Users No-Cost AvidPay

AvidXchange

AvidXchange and Rent Manager have partnered since 2014 to help real estate organizations improve control and increase efficiency within their accounts payable department. Together, No-Cost AvidPay and Rent Manager help you eliminate risky and inefficient payment processes and more easily and quickly pay bills at no cost to you.

Billing 52