Wed.Jan 03, 2024

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States cut taxes in 2024

Accounting Today

Fifteen states are reducing either individual or corporate income taxes this year, with some states trimming both individual and corporate taxes, among 34 states starting the year with significant tax changes.

Tax 327
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Building your accounts payable e-invoicing strategy

Cevinio

Building your accounts payable e-invoicing strategy Developing an e-invoicing strategy not only brings you closer to embracing digital transformation but is also essential for businesses aiming to stay competitive; it has transitioned from an option to a strategic imperative. This is something that’s true across all areas of business, from marketing to HR and product development to accounts payable (AP).

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Minimum wage going up in 22 states

Accounting Today

Nearly half the states are increasing their minimum wages this year, boosting the pay of an estimated 9.9 million workers, according to the Economic Policy Institute.

Payroll 288
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2024 Game Plan: A bold approach to break the mold and redefine success!

Insightful Accountant

Your golden ticket to transformation. It's not flipping the calendar, but writing the story of 2024. Get ready for innovation, growth, and endless opportunities in the evolving landscape.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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What other advice do tech vendors have for 2024?

Accounting Today

It's not all about AI. Solutions providers also stressed the need to keep up with regulations, evaluate tech stacks, and embrace innovation, among other things.

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January's QB Talks is a 2024 ProAdvisor Meetup

Insightful Accountant

Murph will host a 'open mic' ProAdvisor Meetup for the first Insightful Accountant QB Talks of 2024. ProAdvisors are invited to this discussion of issues surrounding the ProAdvisor Awards, the ProAdvisor Program and QuickBooks Desktop.

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More about the QBO Advanced Fixed Asset Feature

Insightful Accountant

We introduced you to the Fixed Asset Feature in QBO Advanced last August, now we want to show you some more details.

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Finance and accounting teams navigate the impact of inflation in 2024

Accounting Today

There is no question that inflation can materially impact a business, and F&A teams have the responsibility to monitor and analyze core costs that may be trending upward.

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Problems With Doing Your Own Accounting

CSI Accounting & Payroll

While you can do your own accounting, does that mean you should ? We don’t think you should unless you’re just getting started and have a very limited budget. At CSI Accounting & Payroll, we’ve worked with small business accounting for over 50 years.

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Tax credits to Intuit better spent to fund a free alternative to TurboTax, Warren says

Accounting Today

In the fiscal year ending in July 2023, Intuit received $106 million in federal research and experimentation credits, which amounted to about 4% of its total R&D expenses.

Tax 188
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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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Demystifying the Unique Entity Number (UEN) in Singapore: A 2024 Guide

Counto

Demystifying the Unique Entity Number (UEN) in Singapore: A 2024 Guide In the dynamic business landscape of Singapore, entrepreneurs and business owners encounter various terminologies and regulatory requirements. One such crucial element is the Unique Entity Number (UEN). This comprehensive guide goes beyond the surface to unravel the intricacies of the UEN in Singapore, providing you with in-depth insights that complement the available resources.

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Watchdog investigates accountant over bankrupt UK council

Accounting Today

The U.K.'s audit and accountancy regulator has opened an investigation into an accountant following solar farm investments made by a now bankrupt local authority.

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Navigating Singapore’s Double Tax Treaties

Counto

Navigating Singapore’s Double Tax Agreements: A Comprehensive Guide Double Tax Agreements (DTAs) play a pivotal role in international taxation, facilitating cross-border trade and investments while preventing double taxation of income. In this comprehensive guide, we delve into the intricacies of Singapore’s DTAs, offering insights and strategies for businesses and individuals seeking to optimize their tax liabilities.

Tax 52
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Small business wage growth moderated in December

Accounting Today

The average pace of job growth in 2023 remained above the growth rate leading up to the pandemic.

Payroll 202
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Your New & Improved Month-End Close Process Is Not So Far Out of Reach!

All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!

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The Singapore-Malaysia Double Taxation Agreement: A Small Business Owner’s Guide

Counto

The Singapore-Malaysia Double Taxation Agreement: A Small Business Owner’s Guide As a small business owner, navigating the complexities of international taxation can be a daunting task. However, understanding the Singapore-Malaysia Double Taxation Agreement (DTA) can significantly benefit your business by minimising tax liabilities and fostering cross-border trade.

Tax 52
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Financial Accounting Foundation looks for new trustees

Accounting Today

The FAF, which oversees FASB and GASB, is asking for nominations for at-large trustees.

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Your 5-Step Process for Process Improvement

Future Firm

Streamlining your operations can improve your firm's scalability. In this episode, I'll share my 5-step process to enhance your workflows. The post Your 5-Step Process for Process Improvement appeared first on Future Firm.

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Rene Benko's family villa targeted by Austrian tax authorities

Accounting Today

The tax lien is a new headache for the luxury retail and real estate tycoon as he tries to stem a flood of insolvencies that have swamped his sprawling empire.

Tax 131
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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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Choosing the Perfect Company Name

Counto

Choosing the Perfect Company Name Selecting the ideal name for your company is a pivotal step in establishing your brand identity and making a lasting impression on your target audience. As a business owner, you understand that your company’s name can shape its destiny. In this guide, we’ll take you on a journey to discover the art of choosing the perfect company name, tailored to your unique vision and goals.

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In the blogs: The fun begins 

Accounting Today

BOI reporting opens; Offender of the Year; state extensions; and other highlights from our favorite tax bloggers.

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Demystifying the Unique Entity Number (UEN) in Singapore: A 2024 Guide

Counto

Demystifying the Unique Entity Number (UEN) in Singapore: A 2024 Guide In the dynamic business landscape of Singapore, entrepreneurs and business owners encounter various terminologies and regulatory requirements. One such crucial element is the Unique Entity Number (UEN). This comprehensive guide goes beyond the surface to unravel the intricacies of the UEN in Singapore, providing you with in-depth insights that complement the available resources.

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Bloomerang @ QuickBooks Connect 2023

Insightful Accountant

Bloomerang helps nonprofits deliver a better giving experience so they can raise more funds and create lasting change.

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

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A Business Owner’s Guide to ACRA in Singapore – 2024 Overview

Counto

A Business Owner’s Guide to ACRA in Singapore – 2024 Overview In the bustling corporate landscape of Singapore, the Accounting and Corporate Regulatory Authority (ACRA) plays a pivotal role, serving as the regulatory body overseeing business entities. This comprehensive guide goes beyond the surface, providing a deeper understanding of ACRA’s significance, functions, and impact on the business environment in Singapore.

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Lessons from a Year of Fintech 

Intuit

In 2023, the boom-and-bust cycle that affected the broader tech and startup sector was even more acute in fintech. Many companies are facing existential challenges due to threats to their business models, the effects of rising interest rates, and the extreme drops in fintech valuations. Founders are facing tough decisions regarding their path forward, and realizing some of the assumptions and market dynamics that led them to create their businesses have fundamentally changed.