Wed.Aug 30, 2023

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IRS requires business to start e-filing Form 8300 in 2024

Accounting Today

The Internal Revenue Service is telling companies they will need to start electronically filing their forms reporting cash payments over $10,000, starting Jan. 1, 2024.

Tax 354
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Xero Beautiful Business Fund: How to apply & application tips

Xero

The Xero Beautiful Business Fund has officially been open for one week and we’ve received an incredible response so far! We have four funding categories that Xero small business customers can apply to. Whether you’re looking to take the next step in your sustainability journey, seeking to innovate with the latest technological advancements, give back to your community or upskill yourself or your employees, there is a funding category for everyone.

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FASB approves income tax reporting standard

Accounting Today

The Financial Accounting Standards Board voted to require companies to tell the public more about the taxes they pay, starting as early as 2025.

Tax 350
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Tax Preparation for Small Businesses: A Comprehensive Guide for Accountants

Intuit

Table of Contents Understanding the Average Cost of Tax Preparation for Small Businesses Small Business Tax Preparation Checklist for Accountants How to Prepare Taxes for Small Businesses Tax Preparation Software for Small Businesses Strategies for Attracting Small Business Clients to Your Tax Preparation Business Other Career Opportunities for Tax Accountants and CPA Work as a Virtual Tax Preparer With Intuit Apply for Business Tax Jobs at Intuit Experienced tax professionals understand that

Tax 130
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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But 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. 🗻 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. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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10 tips for designing the firm of your dreams

Accounting Today

Three practitioners share their strategies and insights for building a great accounting practice.

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Best Jobs for Seniors: Part Time Jobs in Tax Preparation and Bookkeeping

Intuit

Table of Contents Why Bookkeeping and Tax Preparation are Great Jobs for Seniors Part-Time Jobs for Retirees in Tax Preparation and Bookkeeping Top Intuit Tax Preparation and Bookkeeping Jobs for Retirees Why Intuit Tax and Bookkeeping Expert roles are Great Jobs for Seniors Conclusion: Why Tax Preparation and Bookkeeping are Ideal Jobs for Older People Apply for Intuit Tax and Bookkeeping Jobs If you’re a senior or retiree who wants to supplement your income or try out a new career, Intuit may

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Murph's Perfect App Partner Program

Insightful Accountant

What makes an outstanding Partner Program besides the specific app or software?We're glad you asked.

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Don't confuse firm governance with ESG

Accounting Today

Strongly governed firms outperform their peers on a wide variety of metrics.

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10 Eye-Opening Statistics about Small Business Finances

Less Accounting

Let’s take a peek into the state of small business finances in 2023—What are their concerns? How are they acquiring financing? In the United States alone, small businesses make up 99.9% of all businesses. That’s 33.2 million small business owners making a global impact. Seeing the state of small business finances can help you understand the external factors affecting your business and how you can better prepare for the future. 1.

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IFAC highlights sustainability reporting to world finance leaders

Accounting Today

The International Federation of Accountants issued a call to action to the G20 finance leaders urging them to focus more on sustainability as a way to achieve the United Nations' Sustainable Development Goals.

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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.

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This is More Important Than Your Automation

Future Firm

Many small accounting firm owners often obsess over automation to operate their business. In this episode, I discussed the key to reducing workload and enhancing firm success. Listen Below. 0:51 – While I was running my own accounting firm, I experienced the allure of technology and automation, and the tempting notion that the right tech solutions could solve all our issues. 1:21 – Numerous firm owners excessively focus on identifying the perfect tech stack, thinking it’s the k

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Whitman invests in Tax Titans

Accounting Today

Whitman Transition Advisors, an advisory organization for accounting firms, made a strategic investment of an undisclosed amount in Tax Titans, a veteran-owned company that operates an online marketplace connecting small businesses and qualified tax professionals.

Tax 325
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Feature-Based Pricing: A Guide To Per Feature Pricing in SaaS

CloudZero

The best pricing strategy for your SaaS business will depend on your specific business model, target market, and competition. You’ll also want to test different pricing strategies to see which one works best for you.

FinOps 84
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FASB supplements conceptual framework with recognition and derecognition info

Accounting Today

The Financial Accounting Standards Board released another chapter of its conceptual framework related to the recognition and derecognition of an item in financial statements.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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Accounting Teacher Tells Students Accountants Hate Their Lives

Cloud Accounting Podcast

Blake and David discuss issues relating to the accounting profession's talent pipeline, including a high school student's negative experience in her first accounting class and efforts by state CPA societies to reduce licensing barriers. They move on to tech topics, like the slow adoption of AI tools such as ChatGPT among accountants and new product features announced by Intuit and Xero.

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Vendor Spotlight: Gusto

Accounting Today

In this week's Vendor Spotlight we discuss payroll, benefits and HR solutions provider Gusto with Will Lopez, Gusto's chief ambassador.

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Achieve Cloud Sustainability: 7 GreenOps Metrics for Success

Economize

Discover actionable insights on optimizing your cloud environment, reducing your carbon footprint, and achieving business excellence—all backed by metrics that matter.

FinOps 59
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IRA fosters small-biz optimism and IRS efficiencies

Accounting Today

A new survey suggests small businesses see the economy — and the tax service — improving.

Tax 299
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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

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Horizontal vs Vertical Scaling in the Cloud

finout

Explore Horizontal vs. Vertical Scaling, their pros, and cons, and how they affect costs and performance when using cloud services.

FinOps 59
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Digital collaboration: Building stronger remote accounting teams

Accounting Today

It's not just about "remote" anymore; it's about "international.

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Accounting Trends for the Second Half of 2023

Analytix Finance & Accounting

In the hectic and constantly changing industry of finance, staying ahead of the curve is critical for both professionals and corporations. Several accounting trends are transforming the industrial landscape as we enter the second half of 2023. The coming months forecast dramatic shifts from cutting-edge technologies to a greater emphasis on sustainability.

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Private employers added 177K jobs in August

Accounting Today

Annual pay climbed 5.9%, payroll processor ADP reported.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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More Than Just Pricing: What to Consider When Choosing Between AWS vs Azure

finout

Explore AWS vs. Azure pricing differences, get insights on choosing your provider, and gain strategies for optimizing cloud costs for all business stages.

FinOps 52
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Changing mindsets around generative AI

Accounting Today

Should your firm get on board, or steer clear?

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Direct labor definition

Accounting Tools

Related Courses Accounting for Inventory Cost Accounting Fundamentals What is Direct Labor? Direct labor is production or services labor that is assigned to a specific product, cost center , or work order. When a business manufactures products, direct labor is considered to be the labor of the production crew that produces goods, such as machine operators, assembly line operators, painters, and so forth.

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Ethanol maker says U.S. 'green' jet fuel fate hinges on tax policy

Accounting Today

Corn farmers and biofuel producers are poised to gain from turning ethanol into sustainable jet fuel — depending on how Washington writes the tax policy.

Tax 195
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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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Delphi method definition

Accounting Tools

Related Courses Effective Innovation New Manager Guidebook What is the Delphi Method? The Delphi method is a forecasting technique that seeks results from several iterative rounds of questionnaires sent to a panel of experts. The results of each round of questionnaires are shared with the group, with no indication of where the majority of opinions were stated in the previous round.

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Deferred tax liability definition

Accounting Tools

Related Courses Accounting for Income Taxes What is a Deferred Tax Liability? A deferred tax liability is income taxes payable in a future period. The liability arises from differences in the methods used to account for certain transactions under tax rules and the applicable accounting framework. A considerable number of reporting periods may pass before a deferred tax liability is paid.

Tax 40
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Double extension method definition

Accounting Tools

Related Courses Accounting for Inventory How to Audit Inventory What is the Double Extension Method? The double extension method is used to obtain a price index from a representative sample of the items in stock. The index is calculated by measuring the inventory sample at its current-year and base-year costs and comparing the two figures. The name of this method comes from the use of two extension calculations – one at current-year and the other at base-year costs.

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Derivative definition

Accounting Tools

Related Courses Accounting for Derivatives and Hedges What is a Derivative? A derivative is a financial instrument whose value changes in relation to changes in a variable, such as an interest rate , commodity price, credit rating , or foreign exchange rate. It requires either a small or no initial investment, and is settled at a future date. A derivative allows an entity to speculate on or hedge against future changes in market factors at minimal initial cost.

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How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.