Tue.Oct 29, 2024

article thumbnail

TCJA extension or sunset: Gamechangers for professional athletes

Accounting Today

Uncertainty around sunsetting provisions should have professional athletes planning ahead on their taxes.

Tax 317
article thumbnail

Google Cloud Invests in FOCUS and GenAI to Drive the Future of FinOps

FinOps Foundation

Key Insight: Google Cloud is investing in data to help FinOps Practitioners drive the next level of business innovation. At FinOps X in San Diego in June 2024, J.R. Storment , Executive Director of the FinOps Foundation, sat down with Pravir Gupta , VP of Engineering at Google Cloud, to ask what he thinks the Future of FinOps will look like. Pravir noted that customer expectations are evolving; Practitioners need more granular and more real-time data so they can properly forecast, allocate, and

FinOps 130
professionals

Sign Up for our Newsletter

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

article thumbnail

FASB proposes update on accounting for software development

Accounting Today

The Financial Accounting Standards Board issued a proposed accounting standards update to update the guidance on accounting for software, specifically when it comes to developing software for internal use.

article thumbnail

Improving your Cash Application Processes

oAppsNet

If you’re like most businesses, your cash application process probably isn’t as efficient as it could be. Many companies struggle to reconcile incoming payments, match them to the correct customer accounts, and ensure everything is accounted for in real-time. The result? Delays in cash flow, errors, and frustration for both your team and your customers.

article thumbnail

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.

article thumbnail

Thomson Reuters makes major investment in AI cross-selling software

Accounting Today

Thomson Reuters has made a major investment in Propense, an AI-powered cross-selling solution, which will enable the company to expand its reach among CPA firms.

CPA 299
article thumbnail

Why CFOs Must Prioritise Their Own Efficiency: The Importance of AP Automation

Compleatable

They say that doctors make the worst patients. While I can’t confirm whether this is true, the analogy resonates deeply with me as a CFO. Just like doctors may meddle in their own diagnoses, we finance professionals often neglect our own needs, especially when it comes to the resources that would make our jobs easier. Let me explain. As finance experts, we excel at building robust budgets and forecasts.

AP 100

More Trending

article thumbnail

Top Best Lacerte Add-ons for Accountants and Tax Preparers

Ace Cloud Hosting

Lacerte is a renowned professional tax preparation software offered by Intuit. It provides features and tools for error diagnosis, automated calculations, tracking missing data, tax law alerts, and more. It.

Tax 75
article thumbnail

Small biz job growth impacted by hurricanes

Accounting Today

Job and wage growth continued at a moderate pace among small businesses in October, likely slowed by the impact of recent hurricanes down south, according to payroll company Paychex.

Payroll 287
article thumbnail

Warehouse Wednesday: Autonomous Warehouse Robots

Insightful Accountant

Cyngn is bringing autonomous warehouse robots into reality just like Tesla is bringing autonomous commercial vehicles into reality.

52
article thumbnail

10M more 1040s by 2031

Accounting Today

The number of taxpayers filing Forms 1040 and 1040-SR are projected to increase by about 10,000,000 over the next eight years.

Tax 240
article thumbnail

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.

article thumbnail

Breaking News: ProAdvisor to Return to QuickBooks Badges

Insightful Accountant

Good news for hundreds of thousands of ProAdvisors, the term ProAdvisor is making its way back onto the New Badges and Certificates that have appeared over the last week or so.

article thumbnail

In the blogs: Are we ready?

Accounting Today

Foreign gifts and penalties; FBARs and the Constitution; contention and confusion; and other highlights from our favorite tax bloggers.

Tax 182
article thumbnail

Tech Solutions for Small Tax Practices: Expert Insights with Christine Gervais

Insightful Accountant

In this episode of the Accounting Insiders Podcast, Gary DeHart sits down with CPA doctoral candidate Christine Gervais to address the biggest technology challenges facing small tax practices.

Tax 52
article thumbnail

Herbein acquires Bumpers

Accounting Today

The Pennsylvania-based Regional Leader is expanding to Delaware.

182
182
article thumbnail

Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

article thumbnail

Crunch Numbers, Not Time: Become a BooXkeeping Franchise Owner

Insightful Accountant

The bookkeeping industry is expanding rapidly, with more small and medium-sized businesses recognizing the value of outsourced financial services. Owning a BooXkeeping franchise offers a unique opportunity to leverage your expertise.

article thumbnail

US, Taiwan to begin talks on a deal to address double taxation

Accounting Today

Taiwan's firms see high U.S. taxes as a major impediment to additional investment in America.

Tax 173
article thumbnail

Announcing the 2024 winners of the Xero Beautiful Business Fund

Xero

We’re thrilled to announce the global and country winners of the 2024 Xero Beautiful Business Fund, who each share in the NZ$750,000 total prize pool. We were blown away by the entries from passionate small businesses and non-profits across seven countries. Our judging panels were both inspired and challenged by the task of selecting 28 exceptional winners.

XERO 246
article thumbnail

How American tax breaks brought a Chinese solar energy giant to Ohio

Accounting Today

What looks like a domestic triumph is also a win for America's primary industrial and geopolitical rival.

Tax 173
article thumbnail

Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

article thumbnail

Beginner's Guide to Claude 3.5 Sonnet and Haiku (New)

Nanonets

What are Claude 3.5 Sonnet and Haiku ? Claude 3.5 Sonnet (New) and Claude 3.5 Haiku are Anthropic's new advanced Large Language models, among which Claude 3.5 Sonnet (New) is an upgraded version of Claude 3.5 sonnet. It offers greater efficiency, nearly doubling speed and enhancing comprehension of complex and conversational contexts. Claude 3.5 Sonnet now delivers significantly improved performance on coding and tool use tasks.

article thumbnail

Enhance your firm's client experience

Accounting Today

Your clients have options, and the experience you offer can make and keep you the clear choice.

145
145