Tue.Aug 27, 2024

article thumbnail

Walz v. Vance: A tax showdown

Accounting Today

A look at the tax policy positions of the Republican and Democratic vice presidential nominees.

Tax 312
article thumbnail

AI skills to boost your tech career

Intuit

10 AI skills you need for a career in tech By now, it’s no secret that proficiency with artificial intelligence (AI) is a necessity to move forward in the tech job market. Advancements in technology or new platforms roll out seemingly every day, and some of the biggest brands in the world are exploring the best implementations for AI—if it’s not already an integral part of their workflows.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Meet Nova Aurora, a CPA from 2034

Accounting Today

The accountant of the future has come back to share some thoughts on how the profession will improve.

CPA 303
article thumbnail

Xero Price Increasing As Of October 27, 2024

Insightful Accountant

Starting October 27, 2024, the price of Xero's most popular plans in the United States will increase. The Early, Growing, and Established plans will see price changes ranging from $2 to $5 dollars per month.

XERO 98
article thumbnail

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

article thumbnail

Taxbit now supports 1099-DA

Accounting Today

Taxbit announced it now offers comprehensive support for the new Form 1099-DA, which pertains to digital assets.

Tax 235
article thumbnail

Best LLM APIs for Document Data Extraction

Nanonets

Introduction In today's fast-paced business world, the ability to extract relevant and accurate data from diverse sources is crucial for informed decision-making, process optimization, and strategic planning. Whether it's analyzing customer feedback, extracting key information from legal documents, or parsing web content, efficient data extraction can provide valuable insights and streamline operations.

More Trending

article thumbnail

Build vs Buy: What to Consider When Choosing an Accounts Receivable Automation Software

Gaviti

Once your finance team is onboard with automating your accounts receivables to streamline and optimize the process, you’ll need to decide whether you want to shop for an outside vendor or build your own accounts receivable automation software in-house. The answer depends on a variety of factors, including your company’s size and available resources, the length of your timeline and need for customization.

article thumbnail

Navy shipbuilder settles fraud with SEC

Accounting Today

Shipbuilder Austal USA and its parent company agreed to a $24 million civil penalty to settle fraud charges by the Securities and Exchange Commission.

article thumbnail

Finout Has Achieved the AWS Cloud Operations Software Competency

finout

We are thrilled to announce that Finout has achieved the AWS Cloud Operations Software Competency, underscoring our commitment to delivering cutting-edge FinOps solutions tailored to optimize FinOps practices across industries. This significant milestone underscores our ability to provide secure, scalable, and reliable cost management solutions that meet the demands of modern cloud environments.

FinOps 59
article thumbnail

IAASB issues new guidance on auditing less complex entities

Accounting Today

The advice will help in determining the appropriate situations to use the standard.

Auditing 182
article thumbnail

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.

article thumbnail

September QB Talks - Future of QuickBooks Desktop

Insightful Accountant

Murph looks at the future of QuickBooks Desktop and Desktop alternatives from Intuit and Non-Intuit sources during this informative webinar being conducted this month as part of Insightful Accountant's Future Forward Event.

article thumbnail

Standing out from the CAS crowd

Accounting Today

Niching down your CAS practice makes marketing easier … and more effective.

182
182
article thumbnail

Warehouse Wednesday: Acumatica In-depth Part 4

Insightful Accountant

This is a prologue to Murph's next part of his in-depth series on Acumatica. a summary of Acumatica ERP's Field Service Management functionality for service industries like HVAC, Plumbers, Oil-field Service Crews, Roadside Assistance, etc.

52
article thumbnail

Maine joins IRS Direct File

Accounting Today

The Treasury Department and the Internal Revenue Service said Tuesday that Maine will be the latest state to join the IRS Direct File free tax prep system for filing season 2025.

Tax 182
article thumbnail

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.

article thumbnail

Be Insightful - Leverage Your QuickBooks Knowledge To Grow Your Business

Insightful Accountant

QB Express has mastered the art of leveraging QuickBooks training to grow your practice. Learn from them in our members only training session.

article thumbnail

SEC charges brothers with $60M crypto Ponzi scheme

Accounting Today

The SEC obtained emergency asset freezes against Jonathan Adam and Tanner Adam, and their respective entities, to halt an alleged $60 million cryptocurrency Ponzi scheme.

article thumbnail

What is Factur-X? A Complete Guide

oAppsNet

Factur-X is an emerging standard for hybrid electronic invoicing that combines human-readable PDF files with machine-readable XML data. This innovative format facilitates seamless invoice processing by humans and automated systems, enhancing efficiency and accuracy in financial transactions. Understanding Factur-X and its benefits can help businesses optimize invoicing processes and comply with regulatory requirements.

article thumbnail

M&A Roundup: Sikich expands in DC area, and more

Accounting Today

Plus Platform Business Advisors adds a firm that serves hotels in Texas.

140
140
article thumbnail

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.

article thumbnail

3 Attitudes That Need to Change for Real Tax Reform

Blake Oliver

Did you know that the mortgage deduction, while beneficial for individual homeowners, makes housing less affordable and available for everyone? This is just one example of the unintended consequences of tax policies that we must educate people about to achieve any sort of meaningful tax reform. In a recent episode of the Earmark Podcast, Scott Hodge of the Tax Foundation highlighted three key attitudes that need to change: Taxpayers must be willing to give up credits and deductions, Corporations

Tax 52
article thumbnail

In the blogs: Strange but true

Accounting Today

Useful tips; pets and tax bills; becoming simply profitable; and other highlights from our favorite tax bloggers.

Billing 140
article thumbnail

What Small Business Owners Need to Know about Tangible Personal Property Tax

CSI Accounting & Payroll

If you own a small business in nearly any industry, it’s very likely that you’ll need to file tangible personal property tax. Let’s make sure you know everything you need to know!

Tax 52
article thumbnail

5 surprising things we learned about SMBs and tech

Plooto

Small businesses are increasingly turning to technology in order to overcome modern business challenges. Technology allows SMBs to do more work with fewer resources and alleviates manual work, helping them focus on growth.

52
article thumbnail

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.

article thumbnail

How Accounts Payable Automation Benefits Your Business

AvidXchange

Why Automate Accounts Payable? A Guide to the Prospective Advantages According to our recent Controllers Council National Survey (March 5-19, 2024, 378 respondents participating across North America), 95% of finance departments are at least partially automated. Survey respondents noted that investment in technology tools, including automation, helps their department increase efficiencies, improve processes, and foster cost savings.

article thumbnail

Showback vs Chargeback: Know the Differences

finout

Cloud cost allocation is one of the most fundamental and essential steps in implementing FinOps. It involves assigning cloud expenses to the appropriate teams, projects, or business units, ensuring that costs are visible and accountable. Proper cost allocation is critical for financial transparency and enables organizations to make informed decisions about their cloud spending.

FinOps 52
article thumbnail

Don’t Get Confused: 1099 MISC vs 1099 NEC Explained 

CapActix

Running a business that relies on independent contractors can be a challenging task, especially when it comes to managing tax obligations. One common challenge businesses face is choosing the correct tax forms to report payments made to contractors. Misunderstanding the 1099 MISC vs 1099 NEC form can lead to errors, potential audits, and costly penalties from the IRS.

Tax 40