Wed.Aug 28, 2024

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Federal tax lien notices drop significantly at IRS

Accounting Today

In 2023, 179,000 notices of federal tax lien were filed, down roughly 84% from the high in 2010 of nearly 1.1 million.

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Transforming Business Efficiency with Seamless Systems Integration

Accounting Department

In today's fast-paced business world, growing companies often find themselves accumulating multiple applications to enhance productivity. However, without proper integration, these applications can lead to siloed operations and data redundancies, ultimately hampering efficiency.

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Microsoft's AI spreadsheet, and other tech stories you may have missed

Accounting Today

Plus Google's about-face on cookies, the gadgets you need to keep working no matter what, and seven other developments in technology this past month.

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FinOps Tool Vendors Adopt FOCUS

FinOps Foundation

Key Insight: In addition to all major cloud infrastructure providers, third-party FinOps tool vendors are adopting the FOCUS for their platforms. Thousands of Practitioners rely on these tools to perform FinOps in their organizations. To help Practitioners understand this landscape, the FinOps Foundation will continue to track vendor adoption, and will eventually offer an official certification signifying conformance with the Specification.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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3 tax strategies for summer daycare, jobs and vacation rentals

Accounting Today

Property owners, entrepreneurs and parents can tap into savings available through credits, deductions and exemptions during the sunny season.

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App Aware: Amalgam

Insightful Accountant

Amalgam is productivity software for accounting and finance teams by reducing the time spent with manual record-keeping and data entry.

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SMBs and Consumers Differ on Payment Preferences

Insightful Accountant

Xero data reveals a mismatch in payment preferences between small businesses and consumers. Nine out of ten consumers favor paying by card, while 30% of SMBs don't accept cards for payment.

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IASB to publish proposed IFRS update

Accounting Today

The document will be available for comment on the International Financial Reporting Standards website.

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Is Intuit Going Enterprise? In THIS Economy?

Cloud Accounting Podcast

In this episode, Blake and David dive into Intuit's strategic shift towards enterprise solutions, discussing the potential impact on the accounting industry. They also examine some recent economic trends, including the U.S. debt situation and its comparison to historical empires. They then get into audit deficiency rates reported by the PCAOB, highlighting the need for transparency and reform in the auditing profession.

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Intuit partners with nonprofit to fill pipeline

Accounting Today

Intuit and nonprofit Education at Work announced a pilot program to employ college students at TurboTax, helping them gain experience while earning tuition money.

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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My Firm’s Worst Marketing Fails (And Lessons Learned)

Future Firm

Learn from my marketing missteps at Xen Accounting. In this episode, I share my biggest failures to help you save time, money, and effort. The post My Firm’s Worst Marketing Fails (And Lessons Learned) appeared first on Future Firm.

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Ernesto victims in Virgin Islands get tax relief

Accounting Today

The IRS is pushing back filing and payment deadlines for those impacted by the storm on all four islands.

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7 Ways CFO Can Improve Cash Flow Management

Analytix Finance & Accounting

Navigating financial challenges can feel like a rollercoaster ride, especially for small and medium-sized businesses. With market swings, industry shifts, and the constant push for growth, managing cash flow can be challenging. Get ready to explore seven powerful and proven ways to increase cash flow and grow your business. 1) Optimize Cash Flow Forecasting Predicting cash flow accurately is important for managing your finances well.

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KPMG US forms Independent Audit Quality Advisory Committee

Accounting Today

KPMG US has established an Independent Audit Quality Advisory Committee, along the lines of its fellow Big Four firms, in an effort to improve its audits amid tougher inspections and enforcement by the Public Company Accounting Oversight Board.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Vendor Contract Management

Tipalti

Discover the key elements of successful vendor contract management, including strategies and tools to optimize vendor relationships and drive business success.

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Internal audit faces a critical decade ahead

Accounting Today

The IIA Internal Audit Foundation's newly released Vision 2035 project sheds light on the challenges over the next decade.

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IRS Unveils Draft Form 1099-DA for 2025 Transactions

Insightful Accountant

The Internal Revenue Service (IRS) has released a draft of Form 1099-DA, "Digital Asset Proceeds From Broker Transactions," signaling a significant shift in the reporting requirements for digital asset transactions.

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What is a PO System

Tipalti

Ready to optimize your purchase order system? Learn what a PO system is, how it works, and tips for mastering its use to streamline your procurement process.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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Odoo Alternatives

Tipalti

Discover the best CRM systems that serve as great alternatives to Odoo, offering powerful automation features and flexibility for your business needs.

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Finance and Procurement

Tipalti

Discover strategies to enhance collaboration between procurement and finance teams. Learn how to encourage teamwork, streamline processes, and achieve optimal business results.

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Category Management

Tipalti

Master critical category management principles with step-by-step guidance and best practices to enhance supplier relationships and streamline procurement.

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Netsuite Purchase Order

Tipalti

Learn how to navigate purchase orders and the PO process in NetSuite. Streamline your workflows by implementing best practices and robust NetSuite add-on integrations.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.