Accounting Department

DECEMBER 26, 2024

For many medium-sized businesses, the decision to maintain an in-house accounting team seems like a straightforward choice. After all, having an on-site dedicated team can seem beneficial for managing financial operations closely. However, beneath the surface lies a myriad of hidden costs that can significantly impact your bottom line. This blog post explores these hidden costs and examines whether outsourcing accounting functions might be a smarter, more efficient alternative.

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Financial Operations Financial Operations Accounting Accounting 264

Accounting Today

DECEMBER 26, 2024

Private collection agencies have recovered only about $2.4 billion in tax debt payments since April 2017 out of the $64.9 billion assigned to them by the IRS.

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Tax Collections 211

Nanonets

DECEMBER 26, 2024

Automation has revolutionized the way finance teams operate, with accounts payable (AP) automation being the go-to first step for businesses looking to improve efficiency and cut costs. Companies like Nanonets and Centime have made AP processes smarter, faster, and more streamlined through cutting-edge technology, while also paving the way for more comprehensive financial solutions.

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AP Accounts Receivable Account Receivables Accounts Receivable 52

Accounting Today

DECEMBER 26, 2024

Experts share a handful of new and emerging threats that CPA firms should keep an eye out for.

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CPA Accounting Accounting 182

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

Tax

The Successful Bookkeeper

DECEMBER 26, 2024

The journey from simply "doing the work" to building a thriving, scalable business begins with a shift in mindset. Michael E. Gerber, the legendary author of The E-Myth Revisited and co-author of The E-Myth Bookkeeper , shared transformative insights in an episode of The Successful Bookkeeper Podcast. His philosophy has helped countless small business owners, including bookkeepers, transform their operations from chaotic to scalable enterprises.

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Bookkeeping 52

Accounting Today

DECEMBER 26, 2024

The Internal Revenue Service's program for destroying sensitive paper documents needs to be improved after inspectors found many documents easily accessible.

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Tax 162

Accounting Today

DECEMBER 26, 2024

Here's the right way to help them lean into risk.

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Future Firm

DECEMBER 26, 2024

What trait sets successful firm owners apart? In this episode, I share the key quality for achieving your ideal work-life balance. The post The Hardest Firm Owner Trait to Master appeared first on Future Firm.

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Accounting Accounting 52

Accounting Today

DECEMBER 26, 2024

Opinions vary on whether the profession is declining or thriving or both. This is your chance to weigh in.

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Accounting Accounting 140

Insightful Accountant

DECEMBER 26, 2024

In a significant development affecting fiscal policy and tax planning, Congress has passed a temporary government funding measure through March 14, 2025, with President Biden signing it into law.

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Tax 52

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Accounting

Accounting Today

DECEMBER 26, 2024

The market for professional malpractice liability insurance is evolving even as the profession evolves.

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Accounting Today

DECEMBER 26, 2024

Accounting's influencers predict the biggest changes over the next 10 years.

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Accounting Accounting Management Accounting 130

Accounting Today

DECEMBER 26, 2024

A new IRS revenue procedure is applicable for some research or experimental expenses.

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Accounting Accounting Tax 130

Accounting Today

DECEMBER 26, 2024

The ride-hailing company said its hometown calculated its taxes from 2019 to 2023 based on the total amount of money that passengers paid drivers for rides.

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Tax Corporation Tax 130

Advertiser: Paycor

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Accounting Today

DECEMBER 26, 2024

Companies that work with auditors who have more industry experience but charge more than competitors offering "lowball" fees tend to save more money in the end.

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Auditing Accounting Accounting 113

Accounting Today

DECEMBER 26, 2024

Prime numbers; Power play; Great White sharks; and other highlights of recent tax cases.

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Tax 100

Accounting Today

DECEMBER 26, 2024

As part of this year's Top 100 Most Influential People survey, Accounting Today asked, "What do you think will be the biggest change in accounting in the next 10 years?

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Accounting Accounting 100