Tue.Nov 12, 2024

article thumbnail

New marginal tax rates for 2025

Accounting Today

The highest marginal tax rate for 2025 is 37% and the lowest is 10%.

Tax 345
article thumbnail

Top 10 Invoicing Software for Travel Business

Invoicera

There was once a bustling travel agency that catered to all kinds of clients, each with unique travel dreams—from surfing in Bali to vineyard hopping in Tuscany. But as the agency’s bookings grew, an unexpected problem surfaced: invoicing. Just like the travel industry itself, their billing needs were a fast-moving maze of custom requests, multiple currencies , and online bookings.

professionals

Sign Up for our Newsletter

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

article thumbnail

PCAOB offers guidance on auditor responsibilities for detecting, reporting illegal acts

Accounting Today

The Public Company Accounting Oversight Board issued a staff publication amid controversy over its proposed NOCLAR standard.

article thumbnail

What is Accounts Payable Fraud?

oAppsNet

Accounts Payable (AP) fraud is like a hidden drain slowly sucking the lifeblood out of your business. Imagine you’re pouring resources into growing your company, but behind the scenes, your cash is slipping out through fraudulent transactions you don’t know about. Scary, right? This article will explore accounts payable fraud, its different forms, and how to spot it before it causes severe damage.

article thumbnail

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

article thumbnail

Overworked vs. overlived

Accounting Today

When it comes to your career, know the cost of choosing to be on a championship team.

264
264
article thumbnail

Navigating CPF Contributions for Restaurant Staff in Singapore

Counto

Navigating CPF Contributions for Restaurant Staff in Singapore As a restaurant owner in Singapore, ensuring compliance with CPF (Central Provident Fund) regulations is essential. Not only is it a legal obligation, but it also helps secure your employees’ financial future. CPF contributions, though mandatory, can seem complex, especially when managing a team with various salary levels and working hours.

Payroll 52

More Trending

article thumbnail

8 Common CSV Import Errors in NetSuite - and How You Can Avoid Them

Nanonets

NetSuite’s CSV import feature is a lifesaver when you need to handle big chunks of data all at once. It lets you add or update lots of records quickly, like setting up customer data or creating item records. For example, if you’re setting up a sandbox, you can bring in users and roles easily with CSV imports. But these imports don’t always go smoothly.

Billing 52
article thumbnail

Rho offers portal for client management, onboarding

Accounting Today

Finance platform Rho launched the Rho Partner Portal for Accountants, a version of Rho designed specifically for partners with Rho who are accountants.

article thumbnail

Financial Forecasting Tips for Singapore F&B Operators During Seasonal Peaks

Counto

Financial Forecasting Tips for Singapore F&B Operators During Seasonal Peaks Seasonal peaks, such as festive holidays and cultural celebrations, can significantly impact the revenue of F&B businesses in Singapore. However, the surge in customer demand also brings challenges in managing costs, inventory, and staffing. To navigate these busy times effectively, F&B operators need to implement accurate financial forecasting.

article thumbnail

ISSB sees progress on climate standards adoption

Accounting Today

Some 30 jurisdictions are making progress on introducing international sustainability standards in their legal or regulatory frameworks.

article thumbnail

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

article thumbnail

How to Scale Your F&B Business Without Breaking the Bank

Counto

How to Scale Your F&B Business Without Breaking the Bank Scaling an F&B business in Singapore presents numerous opportunities, but it requires careful planning and execution. Growth can be achieved without overspending or accumulating excessive debt. With the right strategies, you can scale sustainably while maintaining financial health and staying within budget.

article thumbnail

KSM merges in ValueKnowledge

Accounting Today

Katz, Sapper & Miller has added a valuation and advisory firm in the Chicago area to its business valuation practice.

130
130
article thumbnail

Payroll Tax vs Income Tax: What’s the difference?

Black Ink Tax & Accounting

Table of Contents For starters a payroll, you have to calculate the withholdings and provide them to the relevant parties, […] The post Payroll Tax vs Income Tax: What’s the difference? appeared first on bitaccounting.

Payroll 52
article thumbnail

Navan releases travel and expense solution for accounting firms

Accounting Today

Travel and expense solutions provider Navan released Navan Accountant Console, a dedicated solution made specifically for accounting firms.

article thumbnail

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.

article thumbnail

The Dual Edge of AI in the Accounting Sector

Black Ink Tax & Accounting

Payroll Tax vs Income Tax: What’s the difference? Table of Contents For starters a payroll, you have to calculate the […] The post The Dual Edge of AI in the Accounting Sector appeared first on bitaccounting.

Payroll 52
article thumbnail

Should I Hire a CFO Part-Time? What Is a Fractional CFO?

CSI Accounting & Payroll

Finances can leave you scratching your head for days when you own a small business. Even if numbers come naturally to you, do you have that kind of time? (Probably not! Your time is worth too much to spend it in this area.

article thumbnail

The Dual Edge of AI in the Accounting Sector

Black Ink Tax & Accounting

Payroll Tax vs Income Tax: What’s the difference?

Payroll 52
article thumbnail

How to NetSuite - Step-by-step Fixed Asset Management

Insightful Accountant

Murph takes you through six summary steps to record, configure, manage and report on fixed assets when using NetSuite's Fixed Asset Management 'Suite App.

52
article thumbnail

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.

article thumbnail

The Dual Edge of AI in the Accounting Sector

Black Ink Tax & Accounting

Payroll Tax vs Income Tax: What’s the difference?

Payroll 52
article thumbnail

From Line-Item Extraction to Custom Approvals: MakersHub’s AP Solution Explained

Insightful Accountant

MakersHub’s innovative AP system revolutionizes how firms manage and streamline accounts payable with its advanced computer vision technology.

AP 52
article thumbnail

In the blogs: Everyone loves a parade

Accounting Today

Taxes' immediate future; a new retail delivery fee; owners' income; and other highlights from our favorite tax bloggers.

Tax 130
article thumbnail

From Tax Calculation to Exemption Management: How Avalara Eases Compliance

Insightful Accountant

Avalara simplifies the complex and ever-changing world of sales tax compliance, providing businesses with automated solutions that remove the burden of managing thousands of tax jurisdictions.

Tax 52
article thumbnail

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.

article thumbnail

6 Best Virtual Phone Systems for Small Businesses

Fit Small Business

The best virtual phone system for small business needs focuses on standard calling and texting capabilities at an affordable price point. It’s ideal for solopreneurs and small teams needing a dedicated phone number to keep work and personal communications separate. For effective call routing, these services offer a range of call handling features, such as.

97
article thumbnail

Transform Your Tax Workflow: Stanford Tax’s Automated Solution for Accountants

Insightful Accountant

Stanford Tax offers a game-changing approach to gathering tax information for accounting firms, streamlining the collection process and improving accuracy. This innovative tool transforms tax preparation.

Tax 52
article thumbnail

Protected Classes: Hiring Guide for Small Businesses

Fit Small Business

Protected classes refer to characteristics that are legally protected from discrimination during the hiring process. The EEOC also includes protection for employees, former employees, and applicants against retaliation, harassment, and sexual harassment. Federally Protected Classes at a Glance As stated, protected classes are those that are protected from discrimination in the eyes of the law.

94
article thumbnail

Discover the Power of AP Automation with Yooz: Key Takeaways from the Post Intuit Connect App Academy

Insightful Accountant

Discover how Yooz’s AP automation empowers QuickBooks users. As highlighted at the recent post Intuit Connect App Academy, Yooz brings innovative, powerful tools to streamline and enhance accounts payable workflows.

AP 52
article thumbnail

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.

article thumbnail

Bakery Insurance: Coverage, Cost & Requirements

Fit Small Business

Bakery insurance is a simple combination of policies for your bakery that, when combined, provide all of the coverage you need against claims. Claims can come in all types of forms. Whether it is an allegation of food poisoning or a power outage damaging your oven, insurance for a bakery business is an important part. The post Bakery Insurance: Coverage, Cost & Requirements appeared first on Fit Small Business.

52
article thumbnail

Modern Security Requirements for Tax Professionals: Beyond Basic Authentication

Insightful Accountant

As cybersecurity threats evolve, tax professionals must adapt their security practices to protect sensitive client data. Recent IRS discussions highlight that traditional security measures are no longer sufficient on their own.

Tax 52
article thumbnail

Compliance 101: A Guide for New Restaurant Owners in Singapore

Counto

Compliance 101: A Guide for New Restaurant Owners in Singapore Starting a restaurant in Singapore involves navigating an extensive landscape of regulations and compliance requirements. For new restaurant owners, understanding and managing these requirements ensures a smooth start to operations, builds customer trust, and creates a compliant, sustainable business.