Mon.Dec 23, 2024

article thumbnail

Essential Insights on Zero-Based Budgeting Techniques

Intuit

Understanding zero-based budgeting Do you know exactly where every dollar you earn goes each month? If you dont, zero-based budgeting might be worth a try. This popular budgeting method asks you to allocate every dollar you earn to specific expenses, giving each of those dollars a specific job. Unlike traditional budgets that might leave room for overspending, zero-based budgeting aims for precision.

Budgeting 130
article thumbnail

The best and worst states for individual taxes in 2025

Accounting Today

From those with no individual income tax at all, to those with complex tax structures a guide to most and least competitive states when it comes to individual income taxes.

Tax 317
professionals

Sign Up for our Newsletter

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

article thumbnail

6 Practical Budget Apps for Your Finances

Intuit

6 best budgeting apps for managing your money Theres no limit to what the smartphone in your pocket can do. Sure, its a great source of news and entertainment, but it can be a tool to help you get ahead. And, if your finances are an area youre looking to improve, theres no shortage of budgeting apps to help get you on track. However, the challenge becomes wading through the sea of options and choosing the one that works for you.

Budgeting 130
article thumbnail

Aiwyn raises $113M in funding

Accounting Today

The money will help it expand from payments and collections to a broader practice management platform, and to develop a tax solution.

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

Budgeting guidelines for living expenses

Intuit

Table of Contents What are living expenses? Categories of living expenses How to budget for monthly living expenses Budgeting tips Manage your living expenses for a brighter financial future When managing your money, living expenses are the heavy hitters. You know, those recurring costs that keep a roof over your head, food on your table, and the lights on.

Budgeting 130
article thumbnail

AICPA wants SEC to reject PCAOB rules on firm and engagement metrics

Accounting Today

The American Institute of CPAs is asking the Securities and Exchange Commission to reject the Public Company Accounting Oversight Board's recent standard.

More Trending

article thumbnail

IRS proposes new requirements for tax pros

Accounting Today

If enacted, the regs would require practitioners to maintain a certain level of technological competence, among other things.

Tax 290
article thumbnail

What to include in a budget: 10 types of expenses

Intuit

Table of Contents Types of expenses Expenses to include in your budget Tips for managing your budget Putting your budget to work A budget is a financial record of your income and expenses over a set period of time. People often calculate and analyze their budgets yearly, quarterly, or monthly. Some might even track their expenses daily if theyre adamant about getting a handle on where their money is going.

Budgeting 130
article thumbnail

AI Thought Leaders: Progress, promise and peril

Accounting Today

In this first of three parts of our second annual AI Thought Leaders Survey, our pool of experts share their take on the state of AI over the past year, for both good and ill.

284
284
article thumbnail

The basics of budgeting

Intuit

Table of Contents Learning how to be on a budget Tips for making budgeting easier Creating a budget with Intuit Let’s be honest: The prospect of learning how to budget doesn’t usually spark excitement. If we had to guess, thats probably because budgets are often synonymous with limitations. But a well-crafted budget is actually more freeing than restraining.

Budgeting 130
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

Phony tax forms nail accountant for mortgage fraud

Accounting Today

A Washington, DC tax accountant pleaded guilty for submitting falsified documents in his application for a $1.4 million purchase loan, which he later received.

Tax 264
article thumbnail

What to include in a budget: 10 types of expenses

Intuit

Table of Contents Types of expenses Expenses to include in your budget Tips for managing your budget Putting your budget to work A budget is a financial record of your income and expenses over a set period of time. People often calculate and analyze their budgets yearly, quarterly, or monthly. Some might even track their expenses daily if theyre adamant about getting a handle on where their money is going.

Budgeting 130
article thumbnail

Art of Accounting: A template for hiring an experienced manager

Accounting Today

Firms that hire experienced people do not usually get what they expect or are paying for.

article thumbnail

Understanding budget templates

Intuit

Table of Contents What is a budget template? Types of budget templates Benefits of using a budget template Budgeting templates help you avoid these common pitfalls Budgeting is made easy with budget templates Budget templates provide a framework for organizing income and expenses, helping users gain a clear picture of their finances. Whether you’re a budgeting beginner or have some experience, a template is always a good idea.

Budgeting 130
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

Gain an entrepreneurial edge

Accounting Today

A bold mindset can help you move your accounting firm further.

article thumbnail

Understanding zero-based budgeting

Intuit

Table of Contents What is zero-based budgeting? Zero-based budgeting example Pros and cons of zero-based budgeting Creating your zero-based budget Enhancing your zero-based budget Do you know exactly where every dollar you earn goes each month? If you dont, zero-based budgeting might be worth a try. This popular budgeting method asks you to allocate every dollar you earn to specific expenses, giving each of those dollars a specific job.

Budgeting 130
article thumbnail

The virtual close

Accounting Tools

What is the Virtual Close? A virtual close involves the use of fully integrated company-wide accounting systems to produce financial statements at any time, on demand. This approach requires not only enterprise resources planning (ERP) systems, but also a great deal of effort to ensure that the underlying information is correct. The required investment is so large that you rarely see a virtual close in smaller companies.

article thumbnail

6 best budgeting apps for managing your money 

Intuit

Table of Contents Best budgeting apps YNAB EveryDollar Goodbudget PocketGuard Monarch Money Quicken Simplifi NerdWallet Spendee EasyBudget MyMoney How we identified the apps on this list Get the most out of your favorite budgeting apps Theres no limit to what the smartphone in your pocket can do. Sure, its a great source of news and entertainment, but it can be a tool to help you get ahead.

Budgeting 130
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

3 Steps to Launch Successful Subscription Billing Management Software

Billing Platform

Can you handle your subscribers fluctuating requirements and monetize opportunities at each stage of the life cycle? In an industry thats in a constant state of flux, meeting changing customer preferences requires robust subscription billing management software one that provides the agility and scalability that allows you to quickly and easily adjust to market changes and customer requirements without the cost of custom development.

Billing 96
article thumbnail

2025 ProAdvisor Application Process Remains Open

Insightful Accountant

Holiday Leave is the perfect time to 'apply for' (or complete) your 2025 ProAdvisor Awards. Remember, you only have until February 11, 2025 to get those applications in for awards.

52
article thumbnail

If Your Balance Sheet is Wrong, So is Your Profit and Loss Statement. Here’s Why.

CSI Accounting & Payroll

If youre like most small business owners, your Profit & Loss Statement (also called P&L or Income Statement) is your holy grail. Your Balance Sheet thats another story. You might even know that its wrong and still not care.

article thumbnail

New Pathways to CPA Licensure Address Industry Talent Shortage

Insightful Accountant

The accounting profession is undergoing significant changes in how it approaches CPA licensure, driven by an urgent need to attract new talent. Many view the traditional CPA path's return on time investment as insufficient.

CPA 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

Bookkeeping Contract (Free Template + Instructions)

Future Firm

Clearly define services and timelines to deliver great results while enjoying more free time with our bookkeeping template and expert tips. The post Bookkeeping Contract (Free Template + Instructions) appeared first on Future Firm.

article thumbnail

Murph's Christmas Pudding Recipe

Insightful Accountant

Every few years, at the request of a few of our long-term readers, I republish my traditional English Christmas pudding recipe. So Happy Holidays!

52
article thumbnail

A Complete Guide to Intuit Enterprise Suite

Ace Cloud Hosting

The 2024 Intuit QuickBooks Business Solutions Survey reveals that 82% of mid-market businesses prioritize steady or fast growth. However, they struggle with inefficiencies from juggling an average of 10 software.

article thumbnail

The Tax 3.0 Overhaul is Underway

Insightful Accountant

New technology is impacting the speed of adoption, simplifying workflows and changing how businesses get paid and interact with taxing authorities worldwide.

Tax 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

Federal payroll tax withholding chart 2024-25 and employer guidance

Black Ink Tax & Accounting

Table of Contents Understanding the Average Cost of CPA Tax filing how much will it cost The filing of taxes […] The post Federal payroll tax withholding chart 2024-25 and employer guidance appeared first on bitaccounting.

Payroll 40
article thumbnail

Millions to get bigger Social Security checks if Biden signs new bill

Accounting Today

Critics warn that the measure comes at the cost of pushing the fund further toward insolvency.

Billing 189
article thumbnail

Important Business Tax Deadlines for 2024: Key Due Dates to Remember

Black Ink Tax & Accounting

Table of Contents Understanding the Average Cost of CPA Tax filing how much will it cost The filing of taxes […] The post Important Business Tax Deadlines for 2024: Key Due Dates to Remember appeared first on bitaccounting.

Tax 40
article thumbnail

The top tax stories of 2024 for financial advisors

Accounting Today

Here's a roundup of tax-related news and insights on politics, practice management, investment strategies, health savings accounts, estate planning and more.

Tax 298
article thumbnail

8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.