Wed.Jan 08, 2025

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Small business job and wage growth slackened

Accounting Today

Job growth and hourly earnings growth moderated in the latter part of 2024, according to the payroll processor Paychex.

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Beyond the Budget: How Younger Generations Are Easing Stress with Financial Wellness Habits

Intuit

Welcome to 2025, where younger generations are prioritizing wellness over wealthspecifically, financial wellness. The focus is no longer solely on accumulating wealth but on achieving financial wellbeing. Gone are the days when big paychecks defined success; today, mental clarity, peace, and control over money matters take precedence. This transformation reflects a broader cultural evolution, advocating for sustainable financial wellness over riches.

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Grant Thronton CEO steps down

Accounting Today

Seth Siegel, CEO of Top 10 Firm Grant Thornton, announced he is stepping down from his position after 30 years with the firm.

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What Business Overdraft Protection Is & How It Works

Fit Small Business

Overdraft protection is a business checking service that allows your bank to auto-transfer funds from a backup account, credit card, or a line of credit to pay for transactions if your main checking accounts balance is insufficient. It protects you from overdraft fees and non-sufficient funds (NSF) fees. In many cases, you can set it. The post What Business Overdraft Protection Is & How It Works appeared first on Fit Small Business.

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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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Taxpayer Advocate spotlights IRS delays in ERC claims and ID theft assistance

Accounting Today

National Taxpayer Advocate Erin Collins released her annual report to Congress, highlighting improvements in taxpayer service, but pointing to persistent delays.

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Amazon Fees in Singapore: What Every Seller Should Know

Counto

Amazon Fees in Singapore: What Every Seller Should Know For small business owners in Singapore, selling on Amazon is an excellent way to reach a global audience and expand your online presence. However, before you get started, its essential to understand the various Amazon seller fees. These fees can significantly impact your profits, but incorporating them into your accounting services can help you manage costs more effectively and set competitive prices for your products. 1.

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Shopee Fees in Singapore: What Every Seller Should Know

Counto

Shopee Fee in Singapore: What Every Seller Should Know As a small business owner in Singapore, tapping into the potential of Shopee can be an exciting way to grow your business and reach more customers. However, understanding the Shopee fee in Singapore can feel overwhelming. Whether you’re handling your finances independently or working with professional accounting services , grasping these fees is crucial to ensure your business remains profitable.

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CFO roles will expand, create more value in 2025

Accounting Today

Continuing talent challenges, increasingly dangerous cyber threats, renewed focus on ROI and the rise of AI will permanently change the way CFOs work.

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Airwallex Business Account Review for 2025

Fit Small Business

Airwallex provides businesses with global accounts designed to simplify overseas transactions. This financial technology (fintech) platform offers fast transfers, multicurrency accounts, and corporate cards. By using transparent and competitive foreign exchange rates, businesses can effectively lower currency conversion costs and utilize various payment methods.

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FAF seeks nominations for leadership roles

Accounting Today

The Financial Accounting Foundation is looking for nominations for leadership roles, including FAF executive director.

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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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2025 Public Holidays in Singapore: Key Opportunities for Small Business Owners

Counto

2025 Public Holidays in Singapore: Key Opportunities for Small Business Owners As a small business owner, staying on top of the public holidays for 2025 is essential for ensuring smooth operations and maximising opportunities. These dates offer not only moments to rest but also valuable opportunities to plan, manage your finances, and engage with your team and customers.

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Texas court halts CTA in another lawsuit

Accounting Today

A federal court in Texas has issued another preliminary injunction and stay halting enforcement of the Corporate Transparency Act and its beneficial ownership information reporting requirement.

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How to Intuit Enterprise Suite: Support Multi-entities

Insightful Accountant

Murph summarizes the multi-entity features and functionality of Intuit Enterprise Suite in this edition of "How to ERP." Step-by-step for multi-entity set-up, intercompany transactions, user roles, and consolidated financials.

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IRIS beefs up Firm Management solution, customer success function

Accounting Today

IRIS expanded its IRIS Firm Management solution with enhanced document management capacities. It has also introduced a centralized Customer Success function.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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My Thoughts on the Bench Meltdown

Future Firm

Bench, a leading bookkeeping firm, abruptly shut down recently. Here are my insights on this news and what this means for your business. The post My Thoughts on the Bench Meltdown appeared first on Future Firm.

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Bitcoin investor ordered to reveal access codes to $124M

Accounting Today

An early Bitcoin investor sentenced to two years in prison for tax fraud related to cryptocurrency sales has been ordered to disclose his secret pass codes.

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January Webinars and Training Opportunities For ProAdvisors

Insightful Accountant

Join your peers for this amazing line up of training and webinars provided by Insightful Accountant and taught by some of the top trainers in the profession.

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7 Advantages of QuickBooks Enterprise That You Can’t Miss in 2025

Ace Cloud Hosting

When it comes to managing finances, inventory, and operations, businesses need a solution that can keep up with their growth. QuickBooks Enterprise Solution (QBES) stands out as a robust accounting.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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You Asked, We Delivered: Accountant-Inspired Features in 2024 and Those On the Horizon

Insightful Accountant

2024 was an exciting year for innovation at QuickBooks, and we owe much of that success to you, the accounting community. In connecting with accountants, weve learned that as we continue to add new functionality.

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What Is the Federal Funds Rate?

Fit Small Business

The federal funds rate is the rate thats charged when a bank lends funds to another bank. This can occur if a bank needs money to satisfy reserve requirements set by federal regulations. While the federal funds rate describes the rate banks charge one another, it plays a large role in US monetary policy and. The post What Is the Federal Funds Rate? appeared first on Fit Small Business.

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End-to-End Finance Automation: Top Picks Beyond Brex

Tipalti

Explore top Brex competitors that go beyond card and spend management. See which solutions offer wholistic finance automation to streamline financial workflows.

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6 Best No-Doc Business Loan Options

Fit Small Business

In this guide, the best no-document business loans require minimal paperwork, have flexible qualification requirements, and offer quick access to funding. While its true that almost all financing types require some form of documentation to facilitate, no-doc business loans typically only require basic information and are issued by an alternative lenderusually outside of a bank.

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

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Lazada Fees in Singapore: What Every Seller Should Know

Counto

Lazada Fees in Singapore: What Every Seller Should Know Selling on Lazada is an exciting opportunity for small business owners in Singapore to expand their reach and grow their brands. But to make the most of it, you need to get a handle on the fees involved. These costslike commission, transaction, and shipping feesmight seem small, but they can add up quickly if youre not paying attention.

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Massachusetts (MA) Business Insurance Guide for Small Businesses

Fit Small Business

Massachusetts, one of the oldest states in America and a key part of American history, is home to an economy driven largely by small businesses. Massachusetts business insurance keeps over 700,000 small businesses running in The Bay State when they encounter a loss like a storm or fire or face a lawsuit from another party. The post Massachusetts (MA) Business Insurance Guide for Small Businesses appeared first on Fit Small Business.

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Trump calls SALT-focused Republicans to Florida before tax fight

Accounting Today

About 20 Republican House members from New York, New Jersey and California were invited to Mar-a-Lago ahead of a looming fight over extending the 2017 tax cuts.

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