Mon.Jul 03, 2023

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IRS warns of new scam involving unclaimed refunds

Accounting Today

The Internal Revenue Service is cautioning taxpayers to beware of a new scam in which fraudsters are sending out cardboard envelopes from a delivery service asking for personal info.

Tax 311
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5 Common Challenges That Financial Controllers Face

Accounting Department

Managing the accounting department is a vital task for any company. As the ultimate authority on the organization's financial affairs, the Financial Controller oversees all aspects of financial operations, from day-to-day tasks to long-term strategic planning. To excel in this role, the controller must possess exceptional skills in data analytics, team management, communication, and financial technology.

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SEC's use of in-house judges will get Supreme Court review

Accounting Today

The Supreme Court will review a ruling that cast a constitutional cloud over the use of in-house judges to handle cases pressed by the Securities and Exchange Commission.

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Landscapers, Here's How to Get Ahead This Fall

CSI Accounting & Payroll

Whether your landscaping business specializes in lawn and tree care, garden, lighting, or landscaping construction, if it doesn't operate year-round, you're going to face an off season. Maybe you even take on snow removal work, but the weather isn't always in your favor. Your cash flow is important, and having it interrupted can be critical. How do you stay afloat if you experience an off season - or even just a slow winter season?

Payroll 52
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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7 reasons CAS is right for you

Accounting Today

If your ambition is to deliver premium services to your clients, the time to turn the spotlight on client advisory services is this very moment.

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Hidden Benefits of Accounting Systems Integration

Analytix Finance & Accounting

According to a Finances Online report , more organizations are now recognizing the power of accounting software in the industry. In the past few years, the adoption of cloud-based accounting technology has changed the way businesses carry out their accounting and finance management tasks. Through cloud-hosted accounting software, businesses acquire a faster and more efficient way to manage audits, tax preparation, banking, and payroll.

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Happy 4th-of-July, 2023

Insightful Accountant

The U.S. Congress proclaimed "The Star Spangled Banner" as our National Anthem in 1931. Let us all show how "proud we are to be Americans" on this July 4th by flying the 'Star Spangled Banner' high!

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Thomson Reuters adding AI to tax software

Accounting Today

The company plans to invest $100 million per year in artificial intelligence starting next year, with plans to integrate the technology in its tax research and tax preparation systems as well as other areas.

Tax 246
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Why is Outsourced Accounting and Bookkeeping a Smart Choice for Small Businesses?

CapActix

To ensure growth, success, and smooth operations, accurate management of accounting and bookkeeping is necessary for any scaled business. For small businesses, this job becomes even more crucial because of compressed resources. Most small business owners choose to invest in Outsourced Accounting and Bookkeeping servi ces, small businesses often struggle in keeping up with the accounting and bookkeeping needs of the business.

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Kraken ordered to turn over its users' information to the IRS

Accounting Today

The ruling comes amid a deepening U.S. crackdown on cryptocurrency.

Tax 256
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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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How To Create Custom Invoices For Your Travel And Hospitality Business With Online Invoicing Software

Invoicera

According to Statista, the global tourism sector is projected to reach a market size of around 2.29 trillion U.S. dollars by 2023, surpassing its record peak in 2019. This makes it the fastest-growing industry in the world. With such a giant industry, organizations in this niche need to have reliable invoicing systems to ensure timely payments & streamlined operations.

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Art of Accounting: 500th column

Accounting Today

Ed Mendlowitz has reached a landmark in his weekly articles for Accounting Today.

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Accounts Payable Department

Tipalti

The accounts payable department manages a company's financial obligations to vendors and suppliers.