Wed.Mar 12, 2025

article thumbnail

Top Strategies to Optimize Accounting for Your Ecommerce Business Success

CapActix

Certainly, running an e-commerce company is all about more than merely possessing wonderful products, a unique catalog, and a well-designed online store. In the background, what actually keeps profitable online stores up and running is wise financial management. With continuous cash flow activity, various payment channels, and expenses from all directions, using reliable accounting services for ecommerce business has become as essential as marketing and customer support activities and investment

article thumbnail

Former IRS agent reveals impact of massive agency layoffs

Blake Oliver

In this episode of The Accounting Podcast , former IRS revenue agent Jeff Johnston shares his experience of being laid off from the IRS as part of DOGE's federal workforce reduction initiative. Jeff explains how many experienced professionals like him left established careers to join the IRS, only to be dismissed with minimal notice. This could be just the beginning of cuts potentially targeting up to half of the agency's 90,000 employees.

professionals

Sign Up for our Newsletter

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

article thumbnail

SEC hits the brakes on accounting and auditing enforcement

Accounting Today

The Securities and Exchange Commission dramatically pulled back on accounting and auditing enforcement last year after two years in a row of increases.

article thumbnail

Controller vs. Bookkeeper vs. CFO: Understanding the Key Differences

Accounting Department

When it comes to managing a companys finances, businesses often rely on a combination of bookkeepers, controllers, and CFOs to maintain financial health and make strategic decisions.

article thumbnail

8 Ways to Torture Your CFO

The office of the CFO is rapidly evolving, with more and more demands being placed upon the finance and accounting team each year. Join us in this webinar, where we share 8 things to NOT do when it comes to helping the CFO office advance in supporting the business. Learning Objectives: This course objective is to understand how best to support an organization's finance leadership.

article thumbnail

Fintech execs discover the enemy within: AI

Accounting Today

Most accounting tech companies pride themselves on making life easier for accountants, but why would accountants buy AI that could theoretically take their jobs?

article thumbnail

Join Me for Next Wednesday's "Best of the Best eCommerce Apps"

Insightful Accountant

Next Wednesday, Teresa Slack and I will review the 'Best of the Best' eCommerce Apps. You may not even be aware that there are better eCommerce solutions than the one you are using now.

More Trending

article thumbnail

Job Descriptions: The Key to More Autonomy in Your Firm

Future Firm

Find out how clear job descriptions build accountability, make delegation easier, and free up your time to focus on scaling your firm. The post Job Descriptions: The Key to More Autonomy in Your Firm appeared first on Future Firm.

article thumbnail

5 megatrends in business process and tax digitalization

Accounting Today

Businesses are facing mounting regulatory requirements that fundamentally reshape tax and financial processes.

Tax
article thumbnail

9 Best Financial Management Software Solutions for CFOs

Tipalti

Explore the best financial management software solutions for CFOs and financial teams. Streamline operations, enhance decision-making, and drive business growth.

article thumbnail

Load up on laptops, and other tech stories you may have missed

Accounting Today

Plus, agentic AI as a cybersecurity threat, and seven other tech developments and how they'll impact your clients and your firm.

article thumbnail

How to Streamline Payment Applications & Lien Waivers Through Innovative Construction Technology

Speaker: Dylan Secrest, Founder of Alamo Innovation and Construction Digital Transformation Consultant

Construction payment workflows are notoriously complex when you consider juggling multiple stakeholders, compliance requirements, and evolving project scopes. Delays in approvals or misaligned data between budgets, lien waivers, and pay applications can grind progress to a halt. The good news? It doesn't have to be this way! Join expert Dylan Secrest to discover how leading contractors are turning payment chaos into clarity using digital workflows, integrated systems, and automation strategies.

article thumbnail

9 Best Financial Management Software Solutions for CFOs

Tipalti

Explore the best financial management software solutions for CFOs and financial teams. Streamline operations, enhance decision-making, and drive business growth.

article thumbnail

PCAOB sanctions former BF Borgers partner

Accounting Today

The PCAOB sanctioned a former BF Borgers partner for audit failures and violating partner rotation limits, and PwC Singapore for violating rules and quality control standards.

article thumbnail

How I Leveraged Source Maps to Improve My Team’s Debugging

finout

Written by Itay Ben Ami, Full Stack Developer at Finout. Read the original article here. Let's face it, the modern web is full of magic. Nowadays, when I use Vite, spinning up a new project is effortless.

article thumbnail

Lawmakers reintroduce R&D expensing bill

Accounting Today

A bipartisan group of lawmakers has reintroduced legislation to allow immediate expensing of research and development costs, all the way back to 2022 when the tax break expired.

article thumbnail

You upgrade everything else. Why not your close process?

You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes? It’s time for an upgrade. SkyStem's Guide to Month-End Close Software walks you through what today’s best tools can do (and what your team shouldn’t have to deal with anymore). Get smart, fast, and a whole lot less stressed when it’s time to close the books.

article thumbnail

Compleat Software Joins Forces to Secure Doncaster’s Future as an AI Growth Zone

Compleatable

At Compleat Software , we are excited to be part of the ambitious bid alongside Doncaster Council, Doncaster Chamber, Automated Analytics, and many other AI and tech-driven businesses to establish Doncaster as an AI Growth Zone. This initiative marks a significant step toward positioning Doncaster as a hub of artificial intelligence innovation, driving forward economic growth, job creation, and cutting-edge technological advancements.

AP
article thumbnail

Bloomberg announces new gen AI research features

Accounting Today

Bloomberg Tax and Accounting released two new generative AI-driven features to aid users in tax research.

Tax
article thumbnail

How Is Payroll Calculated in Singapore?

Counto

How Is Payroll Calculated in Singapore? As a small business owner in Singapore, ensuring that payroll is calculated accurately and efficiently is crucial. Between statutory contributions, levies, and compliance requirements, payroll can quickly become complex. A well-managed payroll system ensures employees are paid on time, maintains regulatory compliance, and avoids unnecessary penalties.

article thumbnail

Ex-Credit Suisse client pleads guilty to hiding $90M from US

Accounting Today

Gilda Rosenberg, a Florida businesswoman, admitted in a Miami federal court that she conspired to defraud the U.S., evade taxes and fail to file FBARs.

Tax
article thumbnail

Precision in Motion: Why Process Optimization Is the Future of Manufacturing

Speaker: Jason Chester, Director, Product Management

In today’s manufacturing landscape, staying competitive means moving beyond reactive quality checks and toward real-time, data-driven process control. But what does true manufacturing process optimization look like—and why is it more urgent now than ever? Join Jason Chester in this new, thought-provoking session on how modern manufacturers are rethinking quality operations from the ground up.

article thumbnail

Itemised Payslips in Singapore: Your Essential SME Compliance Guide

Counto

Itemised Payslips in Singapore: Your Essential SME Compliance Guide As a small business owner in Singapore, managing payroll compliance effectively is crucial for smooth operations. One essential task is issuing itemised payslipsa requirement set by Singapores Ministry of Manpower (MOM). While this might feel like a tedious process, correctly implementing itemised payslips can significantly boost employee trust and ensure your business remains compliant with local regulations.

article thumbnail

House GOP passes stopgap, daring Senate Democrats on shutdown

Accounting Today

GOP congressional leaders didn't negotiate with Democrats on the President Donald Trump-backed funding measure, which runs through Sept. 30.

Tax
article thumbnail

Trump to meet with Senate Finance panel as tax talks heat up

Accounting Today

The meeting, scheduled for Thursday at the White House, will be the first sit-down between the Senate tax panel and Trump since he took office again.

Tax