Thu.Jul 18, 2024

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20 states that collect the most tax per capita

Accounting Today

The top state takes in $7,200 in tax per capita.

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Maximizing Cash Flow During the Summer Slowdown

Accounting Department

Summer can be a challenging time for many businesses, with sales often dipping as customers take vacations and routines shift. But a slowdown doesn't have to mean a cash flow crisis.

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IRS updates RMD guidance

Accounting Today

The Treasury Department and the Internal Revenue Service issued final regulations Thursday to update the rules for required minimum distributions.

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Keeping Dynamics GP Fresh

Fidesic blog

Seldom used features in Dynamics GP! Keeping GP fresh with tricks you might not know.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

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

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RSM acquires firms in Europe

Accounting Today

The RSM network made five strategic acquisitions in Europe, including specialist audit and consulting firms in Austria, Denmark and France, plus a prestigious law firm in Spain.

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Intuit Survey: Few Canadian high schoolers feel they have a solid understanding of personal finance terms

Intuit

Financial education has the power to improve the lives of thousands of Canadian high school students by giving them the skills they need to make informed decisions. However, new data from Intuit Canada shows a lot more work needs to be done to prepare them for life after high school. The results of Intuit Canada’s latest survey on financial education are in, and they reveal some concerning data points about how Canada’s high schoolers feel about money: 73% of Canadian high schoolers wish they un

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Top Remote Accounting Candidates for Hire | July 18, 2024

accountingfly

Top Remote Accounting Candidates This Week Looking for remote accountants? Accountingfly can help! With our ‘ Always-On Recruiting ‘ program, you can access highly skilled and experienced remote accounting candidates with no upfront cost. These are just a few of our top remote accounting candidates this week. Sign up now to receive the full list of top accounting candidates available weekly!

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Using AI to shed the constraints of the monthly close

Accounting Today

To achieve greater agility, accuracy and the foresight needed to adjust and adapt, businesses must shed the constraints of the financial close and embrace continuous accounting.

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How to Use QuickBooks Enterprise for Order Management

Ace Cloud Hosting

One of a business’s most frequently overlooked elements is its order management. Companies must coordinate the entire process, from when customers place orders until they receive their product or service.

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It's time for tax leaders to invest in AI

Accounting Today

The time is ripe to start implementing AI in organizations to harness its power in time for next year's busy season.

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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

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CMiC issues new Construction Industry Survey

Insightful Accountant

If you are a ProAdvisor, Consultant, or Accountant wanting to support construction businesses as they digitally transition, you won’t want to miss this survey, which will provide valuable insights into the industry.

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The road to November: What tax pros' clients think about the election

Accounting Today

Expiring provisions and a misunderstanding of how tax law is made top the list of client worries, practitioners say.

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The Augusta Rule: What is it and how can it help me improve my tax-saving strategies?

Reconciled Solutions

Learn more about the Augusta Rule, a legal way to increase tax deductible business expenses and personal income without paying more in taxes. The post The Augusta Rule: What is it and how can it help me improve my tax-saving strategies? appeared first on Reconciled Solutions.

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Study finds GDPR reduced value but increased cybersecurity

Accounting Today

A recent study looked at the impact of the European Union's General Data Protection Regulation and found that firms lost some value but, at the same time, suffered fewer data breaches.

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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.

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Short Term Vs Long Term Cash Flow Forecasting

Gaviti

There are two main types of cash flow forecasting: short term and long term. Short-term forecasting predicts the company’s cash flow for under 12 months, while long-term forecasting looks beyond twelve months. Financial professionals often agonize over which one to use, but most organizations need both. What is Short-Term Cash Forecasting? Short-term forecasting looks at the cash inflows and outflows over a shorter period.

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San Francisco mayor hopeful wants tax cut to spur return to work

Accounting Today

San Francisco mayoral candidate Mark Farrell has a plan to get workers back into downtown offices — and it doesn't include commuter benefits or coffee machines.

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Having Trouble Budgeting? QuickBooks Online Can Help

Reconciled Solutions

Creating a budget that actually works can be tough. Use QuickBooks Online’s setup tools and these tips for more effective budgeting. The post Having Trouble Budgeting? QuickBooks Online Can Help appeared first on Reconciled Solutions.

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7 Accounting Firm Acquisitions in Nine Years w/ Cory Gayman, CPA

Jetpack Workflow

Podcast Summary On this episode of Growing Your Firm, host David Cristello welcomes Cory Gayman, CPA , the CEO/CFO/Founder of JCG Tax & Advisory Firm. Cory shares insights on establishing common ground with entrepreneurs, addressing the accounting talent shortage, improving accounting efficiencies, and navigating the world of virtual firms. Tune in for valuable tips from a firm owner in the trenches.

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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.

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13 things to consider before moving from employee to owner

Reconciled Solutions

Are you ready to take the leap from employee to owner? Ask yourself these questions if you're considering starting your own business. The post 13 things to consider before moving from employee to owner appeared first on Reconciled Solutions.

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QBO Payroll offers Employee Organization Chart

Insightful Accountant

Now, you can create an employee organization chart using QuickBooks Online Payroll.

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What Is A Phantom Tax & How Does It Work?

Invoicera

Introduction There is an idea that many people and companies never anticipate within the taxation context – phantom tax. This uncommon term refers to gross income reported for taxation purposes but not followed by an actual cash flow. In other words, income is recorded on the books but does not yet exist in cash. This situation is often associated with scenarios like stock options, forgiven debts, or income from partnerships in which income is reported before it has been received, which might

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There's "a lot of spammin goin on!" Intuit wise.

Insightful Accountant

Be aware—be very aware—the 'dark side' is out in force these days, with a lot of 'spamming' of phone, email, and text messages.

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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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What Happens To Your Credit Score If You Don’t Manage Your Debt Wisely?

Invoicera

Introduction In the financial world, your credit score is crucial for economic opportunities, but making poor choices can have lasting adverse effects. Did You Know? Experts advise maintaining your credit usage below 30% to keep your credit score high. What adverse effects result from failing to manage debt? The answer is extensive as it impacts you not only in terms of money for the present or the next few days or weeks but also significantly influences your financial future.

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Unlock the Power of Technology in Your Tax Practice: Join Our Exclusive Webinar

Insightful Accountant

Are you ready to revolutionize your tax practice? Don't miss our upcoming webinar, "Building a Tech-Driven Tax Practice” the first in an exciting series designed to help small and medium-sized tax firms thrive in the digital age.

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AWS Cost Optimization: 6 Free Tools & 10 Hacks to Cut AWS Bills

finout

What Is AWS Cost Optimization? AWS cost optimization is the practice of managing and reducing cloud expenditures while maintaining performance and capacity. It involves analyzing your AWS usage and identifying areas where you can save costs without compromising the functionality of your applications.

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How Carbon Accounting Works: The Complete Picture

oAppsNet

Carbon accounting is essential in today’s environmental context, where businesses are held accountable for their carbon emissions. It refers to the process companies use to measure the amount of greenhouse gases they emit. This is a critical step for organizations committed to reducing their environmental impact and adhering to national and international climate mandates.

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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.