Fri.Jun 07, 2024

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IRS backlog grows from tax adjustments

Accounting Today

While the Internal Revenue Service has managed to reduce its backlog of unprocessed tax returns since the pandemic, one area where it's losing ground is in processing all the documentation for tax adjustments.

Tax 312
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The Art of Firing a Client | Beyond the Books Podcast by AccountingDepartment.com

Accounting Department

We are thrilled to announce that Episode 21 of our podcast, Beyond the Books , is now live and ready for your listening pleasure.

professionals

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ID theft victims waiting longer to receive tax refunds

Accounting Today

The amount of time that identity theft victims have to wait for tax refunds has increased as the Internal Revenue Service has shifted priorities, with some victims waiting nearly two years.

Tax 302
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Jun 7, Payroll Tax Deposits | 7 Steps To Meet Your Requirements

Bookkeeping Essentials

This chat discusses IRS payroll tax deposits. and withholding requirements. To help you meet your compliance obligations, you'll also find current tax remitting and filing due dates too!

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How to Easily Navigate Crypto Accounting in the Web3 Era

Speaker: Aaron Jacob, VP of Accounting Solutions & Reagan Cook, GTM Lead

Are you struggling to navigate the complexities and challenges that come with crypto accounting? 🤔 This new webinar will cover everything businesses need to know to get started with crypto accounting after incorporating crypto into their business models! Industry experts Aaron Jacob and Reagan Cook of TaxBit will thoroughly explore the prevalent operational hurdles encountered by accounting teams when interacting with crypto on the books, and detail how software solutions can effectively

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Tech news: Marcum acquires CLA's Enhanced Managed Services division

Accounting Today

Plus, Vertex consolidates Accelerator and Chain Flow Accelerator into single solution; and other accounting tech news.

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Tips for Bookkeeper To Handling a Ghosting Client

LedgerDocs

If you work with clients, you know that communication is key. But what happens when your clients become unresponsive or “ghosts” us. This is a frustrating, stressful, yet familiar circumstance that we have all faced at one point or another. But we can’t just ignore them back especially when you’re waiting on essential information or approvals.

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Azure VPN Gateway: Your Secure Path to Cloud Connectivity

Economize

Azure VPN Gateway is a powerful tool designed to create secure and reliable connections between your on-premises networks and Azure cloud services. Hence, it is a critical component to implement hybrid cloud solutions for businesses.

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Fraud victims hit by 'double whammy' of theft, taxes on stolen funds

Accounting Today

The growing number of fraud victims who suffer staggering financial losses often find themselves having to pay Uncle Sam for their missing income, experts say.

Tax 243
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Streamline Your Finances: The Benefits of Hiring a Bookkeeper for a Small Business 

CapActix

Managing finances is one of the biggest challenges small businesses face nowadays. Bookkeeping demands accuracy, time, and expertise. Without proper financial management, a business can quickly run into trouble. This is why hiring a bookkeeper for a small business is inevitable. A professional bookkeeper ensures financial records are accurate and up to date.

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UK tech mogul Lynch beats HP fraud case in stunning US loss

Accounting Today

Prosecutors alleged that Autonomy used a number of manipulations to make its revenue growth appear better than it was, such as back-dating contracts, pretending to ship goods, and overpaying for unnecessary services so vendors would then buy the company's products.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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It's obvious you're an accountant if.

Accounting Fun

It's obvious you're an accountant if.you balance your family’s budget to the penny.you’ve ever used a VLOOKUP function in a conversation.you have a special drawer for tax papers.you know the depreciation schedule for your car.you always end up taking about tax issues when you attend a party.you analyse the cost-effectiveness of every purchase.you consider a calculator to be a desk ornament.you bring up tax deductions in casual conversation.you create a spreadsheet to compare different mobile pho

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Trump tax cut renewal is winning Wall Street, but could cost $4.6 trillion

Accounting Today

The prospect of a fresh round of tax cuts next year is helping Donald Trump woo Wall Street donors but threatens to add trillions of dollars to the national debt.

Tax 180
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From Compliance to Consulting: A CPA's Journey into M&A and Business Valuation

Cloud Accounting Podcast

Anthony Venette, Director of Business Valuation and Advisory Services at DeJoy & Co., joins Blake to discuss his unconventional career path and the world of business valuation. Anthony shares his journey from audit to tax and eventually to valuation, highlighting the importance of soft skills and effective communication in advisory roles. He also provides valuable insights into the day-to-day life of a valuation professional and offers advice for young CPAs interested in pursuing this career

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The whistleblower UBS fired for 'blackmail' who got a medal from Macron

Accounting Today

A former auditor, Nicolas Forissier was made a "chevalier" — or knight — of France's National Order of Merit during a ceremony at the Senate in Paris.

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The Definitive Guide to Spend Management

The status quo for AP in small and mid-market companies is broken. It consists of messy tech stacks of siloed solutions that give rise to manual work, a lack of control, wasted spend, and unnecessary risks. The benefits of shifting to spend management are tangible, measurable, and are felt across the whole organization. Spend management is a different way of thinking and an innovation whose time has come.

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VAR 100 2024 deadline extended to June 12

Accounting Today

The deadline for Accounting Today's 2024 VAR 100 survey has been extended to Wednesday, June 12.

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Breaking down a scheduled tax season

Accounting Today

Here's a step-by-step guide to calendar blocking.

Tax 225
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Employers added 272K jobs in May, including 7,600 in accounting

Accounting Today

The jobs report blew past expectations, although the unemployment rate ticked up to 4%.