Accounting Today

MARCH 13, 2024

Affected businesses may turn to their accountants for help, but are firms the best source to help clients report beneficial ownership information to the feds?

Tax 300

Tax Accounting Accounting Financial Reporting 300

Intuit

MARCH 13, 2024

In fact, the number of Americans living in distressed communities is astounding – one in about six do. So it’s not surprising that many Intuit customers also live in these communities located in more than 10,000 distressed zip codes. These customers often will face a myriad of socio-economic hurdles, which is reflected in fewer residents completing their high school education, driving higher unemployment with more living below the poverty line.

246

246

Accounting Today

MARCH 13, 2024

Daniel Rotta hid more than $20 million from the IRS, using "pseudonyms, complicated corporate structures and nominees" to conceal offshore assets and income.

Tax 281

Tax 281

Xero

MARCH 13, 2024

We know end of financial year is a busy time, so we’ve prepared a quick 10-step checklist to help you cover your bases at the end of FY24 and start the new financial year off strong. If you’re using Xero, you can find more helpful information in our handy guide for getting ready for financial year end. End of financial year checklist for business owners In no particular order, here are some tasks to tick off to set yourself (and your business) up for a successful FY25. 1.

XERO 208

XERO Payroll Accounting Software Bookkeeping 208

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.

Accounting

Accounting Today

MARCH 13, 2024

Nonprofit development and accounting departments are working toward the shared goals of sustainable growth and accomplishing their mission.

Accounting 275

Accounting Accounting 275

Xero

MARCH 13, 2024

The end of the financial year is around the corner, so it’s time to review the latest changes and start getting ready to complete your payroll year end. Here are some key updates you need to know about, as well as our tips for a smooth transition into the 2025 financial year. Latest changes Payroll is always evolving, but there were a few little surprises this year.

Payroll 200

Payroll XERO Tax Corporation Tax 200

FundThrough

MARCH 13, 2024

We’ve been noticing a trend: an increasing number of our clients have merchant cash advances (MCAs) listed on their lien reports. A recent U.S. Consumer Financial Protection Bureau report highlights this surge, revealing that MCA use more than doubled over five years, leading to heightened regulatory scrutiny. This quick-fix financial solution, often seen as an […] The post Considering a Merchant Cash Advance?

105

105

Accounting Today

MARCH 13, 2024

The Praxity Alliance of independent accounting firms reported revenue of $9.7 billion in 2023, an 11% increase over 2022 at constant exchange rates.

Accounting 171

Accounting Accounting Management Accounting 171

Insightful Accountant

MARCH 13, 2024

Auto dealers and sellers must register with IRS Energy Credits Online to submit time-of-sale reports for Clean Vehicle Tax Credit advance payments for vehicles placed in service in 2024 and beyond.

Tax 101

Tax 101

Accounting Today

MARCH 13, 2024

The firm will make 329 roles redundant, while as many as 37 partners will be accelerating their retirement over the next nine months.

Accounting 177

Accounting Accounting 177

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.

Insightful Accountant

MARCH 13, 2024

Hiring in accounting, particularly for tax talent, is tough due to declining student enrollments and CPA exam takers. This trend puts pressure on the industry for hiring.

CPA 90

CPA Tax Accounting Accounting 90

Accounting Today

MARCH 13, 2024

Wolters Kluwer announced that its solution support the global minimum tax in accordance with OECD Pillar II requirements.

Tax 171

Tax Accounting Accounting 171

Economize

MARCH 13, 2024

In the current cloud landscape, there’s a lack of a standardized method to normalize cloud cost and usage measures across multiple cloud platforms, at a time when managing cloud costs and optimizing spending have become paramount.

Billing 59

Billing FinOps FinOps Computation 59

Accounting Today

MARCH 13, 2024

The current deputy chief of IRS CI will be the new chief, succeeding Jim Lee.

Tax 171

Tax 171

Advertisement

All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!

Accounting

Bookkeeping Essentials

MARCH 13, 2024

Can I pay employees as casual labor for only a few days of work without deductions? Includes step-by-step instructions for paying employees in cash.

59

59

Accounting Today

MARCH 13, 2024

H&R Block's AI chatbot assistant, a deepfake scam rakes in $25 million, and eight other developments in technology.

Tax 141

Tax 141

Insightful Accountant

MARCH 13, 2024

Sage's recent investments to provide an end-to-end construction cloud suite underscore their commitment to help construction customers thrive. Murph elaborates on Sage Transform announcements.

52

52

Future Firm

MARCH 13, 2024

Level up your firm's customer experience with these three effective methods to gather and understand client feedback. The post 3 Simple Ways to Collect Feedback From Your Clients appeared first on Future Firm.

Collections 52

Collections Accounting Accounting 52

Advertisement

The status quo for AP in small and mid-market companies is broken. It consists of messy tech stacks of siloed solutions that give rise to manual work, a lack of control, wasted spend, and unnecessary risks. The benefits of shifting to spend management are tangible, measurable, and are felt across the whole organization. Spend management is a different way of thinking and an innovation whose time has come.

AP

Counto

MARCH 13, 2024

Why Choose a Private Limited Company (Pte Ltd) for Your Singapore Business Venture Are you considering starting a business in Singapore? If so, understanding the different business structures available is crucial for making the right decision. Among the various options, the private limited company, or Pte Ltd, stands out as the preferred choice for many SMEs, entrepreneurs, and foreign investors.

Corporation Tax 52

Corporation Tax Tax Financial Statements Accounting 52

Nanonets

MARCH 13, 2024

Managing invoices efficiently is integral for businesses to maintain smooth cash flows and accurate financial records. Optical Character Recognition (OCR) technology has emerged as a crucial tool, enabling organizations to streamline invoice processing, enhance accuracy, and accelerate financial workflows. By automating data extraction from invoices, OCR software significantly reduces the burden of manual data entry, mitigating errors and optimizing resource utilization.

Invoicing 52

Invoicing Invoice Processing Data Entry Budgeting 52

finout

MARCH 13, 2024

When managing costs in Kubernetes (K8s) deployments, choosing the right pricing model is crucial. This blog explores why fixed pricing may be a better choice than the common practice of charging per K8s pod, explaining how it can ease budgeting, simplify billing, and save money for companies using cloud services.

Budgeting 52

Budgeting Billing FinOps FinOps 52

Nanonets

MARCH 13, 2024

Imagine discovering that a simple oversight in managing business expenses led to a small fortune being unwittingly spent on avoidable costs. This isn't just a hypothetical scenario; it's a reality for organizations that overlook the strategic importance of a meticulously designed expense policy. In this piece, we'll provide an expense policy template designed to serve as reference for crafting your own expense policy for your business.

Expense Reports 52

Expense Reports Budgeting Collections Data Entry 52

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

NACM

MARCH 13, 2024

Since the early 2000s, artificial intelligence has revolutionized business, creating new roles and boosting productivity. However, its lack of human elements like creativity and emotional intelligence has increased the demand for workers with specialized skills and knowledge. Through NACM's six-level Professional Certification Program, credit profe.

5

5