Tue.Oct 31, 2023

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Cannabis faces persistent tax issues — but that could change

Accounting Today

The classification of marijuana as a Schedule I controlled substance has put cannabis businesses in a bind as far as federal taxes go, even as more states move to legalize the plant.

Tax 294
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The advantages of electronic invoicing for accounts payable

Cevinio

The advantages of electronic invoicing for accounts payable Governments around the world continue to encourage digitization and push companies towards adopting financial technologies such as electronic invoicing, or e-invoicing. A rapidly maturing area of fintech, e-invoicing is replacing paper-based methods as more organizations realize that not only is it far more efficient, but it also brings a wide variety of advantages for businesses that adopt it, and their trade partners.

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What the tax gap tells us

Accounting Today

The IRS's most recent study of how much taxpayers aren't paying suggests some important priorities going forward.

Tax 330
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BatchMaster for QuickBooks – Part 2

Insightful Accountant

It's 'Warehouse Wednesday' and we are returning this week to our series on BatchMaster, the application specifically designed for formula/batch processing that integrates with QuickBooks.

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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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California slashes state tax revenue outlook

Accounting Today

The Golden State is poised to fall well short of its budget forecasts as the recent stock market slump erodes the state's tax takings.

Tax 300
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Client Hub Revolutionizes Email Management for Firms with AI-Enabled Email Integration

Insightful Accountant

Client Hub, a leader in modern workflow platforms for accounting and bookkeeping firms, is proud to announce the launch of its groundbreaking AI-enabled email integration.

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The Month-End Close Survival Guide for Understaffed Accounting Team

Ace Cloud Hosting

It’s month-end close again, and you’re already feeling the pressure. You have a stack of invoices to process, bank reconciliations to complete, and financial statements to prepare. And to top.

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DEI is dead. Long live DEI!

Accounting Today

Progress on DEI is picking up, according to the just-released 2023 Accounting MOVE Project results.

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Our Next QB Talks "Rocks"

Insightful Accountant

Join Kristen Nies Ciraldo and Kelly G 'Rocks' for the next 'QB Talks,' Nov. 8, at 2 p.m. (EST). The 'over the top' pair will take you on a tour of the upcoming 'QuickBooks Connect.

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MGO merges in J. Arthur Greenfield & Co.

Accounting Today

The Top 50 Firm has expanded its presence in LA.

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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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Introducing the Latest Enhancements to Dext Solo

Dext

Hello Dext Partners, Today, I’m excited to share some game-changing updates to Dext Solo, our digital record-keeping solution designed specifically for sole traders, small landlords, and the professionals who advise them. If you’re not familiar with Dext Solo, let’s recap quickly. What is Dext Solo?

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Small business wage growth dipped in October

Accounting Today

Growth in hourly and weekly pay at small businesses decelerated in October as job growth moderated, payroll provider Paychex reported.

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Mozilla's Head of Accounting Talks NetSuite, Remote Work, the Accounting Talent Crisis and More

Blake Oliver

At SuiteWorld 2023 in Las Vegas, I had the pleasure of interviewing Xenia Tovchykh , Head of Global Accounting Operations at Mozilla Corporation. During our conversation, Xenia gave us an inside look at accounting and finance at the maker of the popular Firefox web browser. Some key topics we covered included Mozilla's recent NetSuite implementation, how the company has embraced remote work, and the global accounting talent shortage challenges.

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In the blogs: Watchful eyes

Accounting Today

Automation pitfalls; partners in meetings; offering financial planning; and other highlights from our favorite tax bloggers.

Tax 126
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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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Trump Trial Updates | Are You Coffee Badging? | Proof Americans Move for Lower Taxes

Cloud Accounting Podcast

An embezzlement scheme at Aria Hotel costs MGM $770,000, an accounting firm apologizes for paying a staffer below minimum wage, problems with Workday ERP implementations for state and local governments, a spike in accounting enrollment at Purdue University, and tax migration trends between high-tax and low-tax states. Sponsors OnPay - [link] Zoho - [link] Keeper - [link] Chapters (00:59) - Clarence Thomas and a questionable RV loan (07:03) - Trump trial updates (10:35) - Allen Weisselberg accuse

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