Tue.Feb 20, 2024

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IRS criminal investigators crack down on ERC claims

Accounting Today

The Internal Revenue Service's Criminal Investigation unit has been investigating bogus claims for the employee retention credit and educating tax professionals about the problems they can encounter.

Tax 305
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With Staffing Challenges And Remote/Hybrid Work Here to Stay, Finance Leaders Embrace Back-Office Automation

Insightful Accountant

Businesses are prioritizing efficiency and savings over growth due to uncertain economic conditions. Finance leaders are seeking ways to operate profitably and improve cash flow control.

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Washington, Lincoln and the U.S. tax system

Accounting Today

In the wake of President's Day, and in the midst of tax season, take a minute to learn about Washington's and Lincoln's key contributions to the U.S. tax system.

Tax 311
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Janel Sykora on Tax Season: Year-Round Marketing Tips & Time Management Hacks for Accountants

Insightful Accountant

Join Gary and Janel as she emphasizes year-round marketing, leveraging tax season for new opportunities, optimizing Google Business Profile, and using apps to enhance productivity for accountants.

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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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French firms trade US tax credits to spur renewable projects

Accounting Today

Schneider Electric will pay $80 million to acquire tax credits, which in turn will help fund four Engie North America projects that are slated to come online in Texas this year.

Tax 183
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How to Remote Access ATX Professional Tax Software?

Ace Cloud Hosting

ATX professional tax software is an advanced tax preparation software best suited for SMBs, CPAs, and freelance accountants that files simple to complex returns. The software offers many features, such.

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More Trending

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Microsoft 365 Hosting vs. On-Premise: Difference Explained

Ace Cloud Hosting

In today’s fast-paced business world, choosing the right hosting option for Microsoft 365 is crucial. Whether to go with cloud hosting or on-premise deployment can significantly impact productivity and efficiency.

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PCAOB sanctions Baker Tilly US, Mazars USA, Grant Thornton India

Accounting Today

The Public Company Accounting Oversight Board levied sanctions and penalties against four auditing firms as part of a sweep.

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4 Ways to Reduce AWS Data Transfer Costs

Economize

Introduction Unlike traditional IT models, AWS services do not require any upfront payments or capital investments. The main advantage of using a cloud service is that you can significantly reduce your IT expenditure.

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Draffin Tucker merges in Baldwin & Associates

Accounting Today

The Georgia-based firm is expanding to South Carolina in its first M&A deal since 1978.

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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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Accounting Customer Service: CSI vs. The Big Guys

CSI Accounting & Payroll

When small businesses are looking for a monthly accounting service, great customer service is often on the short list of must-haves. This is usually because they’ve already used an accounting solution that made them feel small and unappreciated. CSI Accounting & Payroll has worked with small business accounting for over 50 years. In all that time, we’ve heard lots of horror stories about customer service from other accounting services.

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In the blogs: Pressing questions 

Accounting Today

Assessing your fees; partner comp; how to spend money; and other highlights from our favorite tax bloggers.

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Bookings vs Billings in B2B SaaS, and How They Impact Cash Flow

Billing Platform

Given the more than 1,000 accounting and finance terms , it’s easy to understand why there may be some discrepancies. Although many of the terms are self-explanatory, others such as bookings vs billings vs revenue are frequently misunderstood and used interchangeably. Let’s demystify the terms, discuss their importance for B2B software-as-a-service (SaaS) organizations, establish when and how they are used, explain their impact on revenue and cash flow, and uncover real-world examples.

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OCR and Invoice Scanning Software for Xero

Nanonets

Xero is an accounting software suitable for small to medium-sized businesses seeking a robust cloud-based accounting solution. The platform simplifies financial management, providing real-time visibility of financial positions and performance. Yet, despite its advanced capabilities, managing accounts payable and invoice processing manually in Xero is becoming more and more challenging.

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Your New & Improved Month-End Close Process Is Not So Far Out of Reach!

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!

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4 Ways to Reduce AWS Data Transfer Costs

Economize

Introduction Unlike traditional IT models, AWS services do not require any upfront payments or capital investments. The main advantage of using a cloud service is that you can significantly reduce your IT expenditure.

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Why Set Up an Investment Holding Company in Singapore?

Counto

Why Set Up an Investment Holding Company in Singapore? In the realm of business finance, Singapore shines as a beacon of opportunity, attracting entrepreneurs and investors from around the globe. If you’re considering establishing an investment holding company (IHC), Singapore offers a myriad of compelling reasons to choose it as your business hub.

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The Importance of Timely Bookkeeping: How February Actions Impact March Success

Bookkeeping Express

In the world of business, the significance of maintaining accurate and timely bookkeeping practices cannot be overstated. As February unfolds, entrepreneurs and business owners find themselves at a pivotal point, where the actions taken in this month can significantly influence the success in the upcoming months. From balancing financial records to tracking expenses and revenue, every aspect of bookkeeping plays a crucial role in providing valuable insights, fostering informed decision-making, a

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OCR and Invoice Scanning Software for Sage

Nanonets

In the bustling world of business, managing accounts payable and invoice processing manually is becoming more and more challenging. The challenges are numerous: painstakingly slow manual data entry ever-present risk of human error lack of efficiency in the approval process Businesses are constantly seeking ways to streamline these critical operations.

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The Definitive Guide to Spend Management

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.

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Don't Forget About Today's QB Talks with Alicia Katz Pollock

Insightful Accountant

Please join Alicia Katz Pollock as she hosts February's QB Talks today, Wednesday, February 21, 2024. Alicia will be discussing the new 'QuickBooks Time' QBO interface.

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Navigating FinOps at Google Next: A Guide to Sessions, Community, and Events

finout

Explore the world of FinOps at Google Next with our guide to sessions, community engagement, and events shaping cloud financial management.

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AP Automation: The Time is Now

oAppsNet

In today’s fast-paced business world, efficiency and accuracy are paramount for organizations striving to stay competitive. Accounts Payable (AP) departments are no exception, as they are crucial in managing vendor invoices, processing payments, and maintaining financial health. However, traditional AP processes often involve manual tasks, paper-based documents, and lengthy approval cycles, leading to inefficiencies, errors, and delays.

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Member Spotlight: Confidence in Credit

NACM

Confidence is intrinsic to leadership and professional growth. Though confidence is not considered a fixed characteristic, it can be both acquired and improved over time through different experiences. As a credit professional, confidence is key. Whether it's needed to make sound credit decisions or build customer relationships—confidence shows dedi.

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

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.

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What Is Profit Planning, And Why Does It Matter?

Invoicera

Introduction Sometimes, you want your company to make a certain amount of money. To do this, you plan actions to reach that goal. This is called profit planning. It is beneficial, especially for architecture and engineering companies. Making a profit is important for any business. But many companies do not plan enough for how much money they want to earn.