Fri.Dec 20, 2024

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Alternative investments tax pros need to know

Accounting Today

These strategies are more than just smart tax moves; they're powerful tools for reshaping financial outcomes.

Tax 306
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2024 re:Invent announcement recap for AWS Cloud Financial Management services

AWS FinOps

I have been putting off writing a summary of all the announcements our Cloud Financial Management (CFM) team made at 2024 re:Invent. My procrastination is partly due to the holiday preparations like many of you. However, more importantly, Ive been waiting for one more announcement. Now, with great pleasure, I am happy to share with you the ten features recently added to the AWS CFM portfolio of services.

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Tax Fraud Blotter: Crooks R Us

Accounting Today

The shadow knows; body of evidence; make a Note of it; and other highlights of recent tax cases.

Tax 298
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Moving Beyond OCR: How Ascend AP Delivers True Accounts Payable Automation

Ascend Software blog

OCR Technology: A Great Start for AP Efficiency As businesses look to modernize their accounts payable (AP) operations, Optical Character Recognition (OCR) has become an important tool for streamlining invoice processing. Solutions like Workdays Supplier Invoice Automation (SIA) leverage OCR to extract invoice data, reduce manual data entry, and speed up workflowsan excellent first step for many organizations.

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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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On the move: Withum marks over a decade of Withum Week of Caring

Accounting Today

Citrin Cooperman appoints CIO; PKF O'Connor Davies opens new Fort Lauderdale office; and more news from across the profession.

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The NRIC and Its Importance for Small Business Owners in Singapore

Counto

The NRIC and Its Importance for Small Business Owners in Singapore As a small business owner in Singapore, understanding the role of the National Registration Identity Card (NRIC) is essential, especially when it comes to company incorporation services. The NRIC is required in several business processes, from company registration to hiring employees and complying with tax regulations.

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1099 Reporting Simplified with AP Automation 

AvidXchange

Tax season is a busy time for finance departments. Creating 1099 reporting is one task that can take less time with accounts payable (AP) automation. Read on to learn more about how technology can help your team simplify this time-consuming project. Learn More About AP Automation What is a 1099? According to H&R Block , a 1099 is a tax form used in the United States to report various types of income that are not wages, salaries, or tips.

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SEC charges Entergy with internal accounting controls violations

Accounting Today

Entergy Corporation, a Louisiana-based utility company, paid the Securities and Exchange Commission $12 million to settle charges of internal accounting controls violations.

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Tax Resolution Specialist to Avoid IRS Stress

CapActix

Tax issues can create significant stress for businesses and individuals alike. Whether its a complicated tax audit or unpaid tax debt, addressing these challenges effectively is crucial. This is where a tax resolution specialist steps in. These professionals focus on resolving tax problems while ensuring compliance with the IRS, offering much-needed support to taxpayers dealing with overwhelming situations.

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Tech news: Wolters Kluwer launches conversational AI feature

Accounting Today

Wolters Kluwer launches conversational AI feature in CCH Connect; HubSync adds bevy of new enhancements to suite; Crowe announces cyber risk analysis solution; and other accounting tech news.

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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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The Role Accounts Payable Plays in Identifying Growth and Savings Opportunities

NextProcess

Increasingly, accounts payable (AP) is seen as a department capable of driving strategic growth and cost savings. Historically considered a back-office function, AP is moving to center stage in finance. As accounts payable grows, Business Process Automation (BPA) software provides a foundation for crafting a sustainable AP process that supports company-wide goals.

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Boomer's Blueprint: The attributes of an 'Exponential Organization'

Accounting Today

Adopting ExO attributes isn't just a way to boost profits; it's a pathway to attract top talent and engage clients looking for forward-thinking solutions.

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The Ultimate Guide to Email Marketing for Accounting Firms

Future Firm

Email marketing for accounting firms can be intimidating. I get it. As an accountant by profession, you likely didnt receive […] The post The Ultimate Guide to Email Marketing for Accounting Firms appeared first on Future Firm.

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Xero's Future Unveiled: AI, CAS, and Regional Expansion Plans for 2025 with Ben Richmond

Insightful Accountant

Join us as Ben Richmond, Xero's newly appointed Managing Director for North America, shares key updates and the future direction of Xero's platform during the Product Update and Strategy Discussion meeting.

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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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Complete Payroll Solutions

Black Ink Tax & Accounting

Table of Contents Complete Payroll Solutions For new business owners or firms looking to increase their workforce, it’s essential to […] The post Complete Payroll Solutions appeared first on bitaccounting.

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4 Ways to Maximize Year-End Success and Prepare for the New Year

Enterprise Recovery: Accounts Receivable

As the year-end approaches, businesses can take a step back and reflect on their achievements and challenges. Conduct a thorough review of key wins and setbacks. Identify the strategies that led to success and those that need improvement. This reflection provides valuable insights into what worked well and what didn't, allowing for more informed decision-making.

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7 Christmas Cracker jokes for accountants

Accounting Fun

What's the biggest overhead in Santa's accounts? - Private Elf care Whats an accountants favourite Christmas carol? - Debit bells, debit bells, debits all the way! Why does Santa pay so little tax? - He claims Gift Relief (Gift Aid would've been funnier) What is the employment tax status of Santas helpers? - Elf-employed Why are accountants terrible at Christmas charades?

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How Private Equity Could Hurt the Accounting Profession

Cloud Accounting Podcast

Today, Blake, David, and special guest, ChatGpt, examine the impact of private equity on accounting firms, looking at how PE ownership affects partner compensation and firm structures. They dig into some recent data showing record numbers of accounting errors in public companies, linking these issues to the broader talent shortage crisis. Next, they explore CalCPA's pushback against proposed licensing changes, the surprising economic costs of Daylight Savings Time, and much more!

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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.