IRS falls behind on tax return scanning goal
Accounting Today
DECEMBER 26, 2023
The Internal Revenue Service is not expected to meet the Treasury Department's goal of scanning millions of returns by the end of the year.
Accounting Today
DECEMBER 26, 2023
The Internal Revenue Service is not expected to meet the Treasury Department's goal of scanning millions of returns by the end of the year.
Accounting Department
DECEMBER 26, 2023
Small and medium-sized businesses (SMBs) are essential to the economy, accounting for more than half of all jobs worldwide. In recent years, several trends have impacted how SMBs operate, and we can expect even more changes to come in 2024. To prepare for the future, businesses must be aware of these shifts and adapt accordingly. In this blog post, we will discuss five SMB trends that we can expect to see in 2024, dealing with AI, customer experience, sustainability, and cybersecurity.
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Accounting Today
DECEMBER 26, 2023
The bottom state in the ranking received a total score for financial literacy of 51 out of 100.
Ace Cloud Hosting
DECEMBER 26, 2023
Tax preparation can be a daunting task, especially for those new to the field. Lacerte Software offers a comprehensive solution that simplifies the process and ensures accuracy and compliance. Lacerte.
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.
Accounting Today
DECEMBER 26, 2023
Federal money is keeping construction businesses busy, but comes with its own complications.
Insightful Accountant
DECEMBER 26, 2023
What better time of the year to find out what you are thinking.ProAdvisors are invited to January's "open microphone' edition of QB Talks to tell us what you think about the ProAdvisor Awards, the ProAdvisor Program and recent QB-Desktop news.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Invoicera
DECEMBER 26, 2023
Introduction Do you know that having the right invoicing software can make a big difference for your business? Nearly 60% of small businesses struggle with late payments. That’s a lot! That’s why it’s essential to pick the right invoicing software. But don’t worry, it’s not complicated. Think about what your business needs.
Accounting Today
DECEMBER 26, 2023
The Internal Revenue Service and the Treasury Department have issued a notice saying they intend to propose regulations to address the capitalization and amortization of specified research and experimental expenditures.
Insightful Accountant
DECEMBER 26, 2023
According to the recently released Intuit QuickBooks Entrepreneurship in 2024 Report, nearly a quarter of US consumers are considering starting a new business in 2024.
Accounting Today
DECEMBER 26, 2023
More and more fraudsters are impersonating the IRS, so taxpayers need to know how to tell the difference, and what to do if someone tries to scam them.
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.
Accounting Tools
DECEMBER 26, 2023
What is an Overhead Rate? The overhead rate is the total of indirect costs (known as overhead) for a specific reporting period, divided by an allocation measure. The overhead rate is then used to allocate overhead costs to cost objects, which are usually products or projects. A company uses the overhead rate to allocate its indirect costs of production to products or projects for one of two reasons.
Accounting Today
DECEMBER 26, 2023
What does the future hold for AI and accounting? While predictions over the long term are dicey, Accounting Today asked AI experts what people may see in the short term.
Ace Cloud Hosting
DECEMBER 26, 2023
“David vs Goliath” of the Cloud Era The age-old tale of David and Goliath teaches us a lot of lessons. For me, it showcases how David didn’t rely 100% on.
Accounting Today
DECEMBER 26, 2023
The International Ethics Standards Board for Accountants approved an exposure draft on ethics and independence standards for sustainability reporting and assurance and a final ethics standard for tax planning and related services.
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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!
CSI Accounting & Payroll
DECEMBER 26, 2023
As a small business owner, you know that businesses can owe a lot in taxes. Of course, you want to keep that as low as legally possible. Business entities, or business structures , can play a part in tax liability – but how much do they matter? At CSI Accounting & Payroll, we’ve worked with small business accounting for over 50 years. During that time, small business owners have wanted to know a lot about business entities and taxes, such as: How much do business entities affect tax liabilit
Accounting Today
DECEMBER 26, 2023
Iris supplies software for the U.K. accounting, payroll, human resources and education sectors.
Insightful Accountant
DECEMBER 26, 2023
Unleashed is cloud-based inventory management software that unlocks your cashflow and saves time – so you can concentrate on growing your business.
Accounting Today
DECEMBER 26, 2023
You may have been up to date yesterday, but there's probably an advance in current technology, or an entirely new technology, that can help you or your clients be more accurate, and more productive.
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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.
Accounting Tools
DECEMBER 26, 2023
What is a Trustee? A trustee is someone who is legally responsible for trust assets. This person administers assets as mandated in the instructions associated with a trust. In many cases, the person who created a trust steps into the role of trustee, and stays there until he or she is incapacitated. From that point onward, a successor trustee takes over responsibility for the trust assets.
Accounting Today
DECEMBER 26, 2023
ART programs provide a number of benefits, including more control over premiums and a more stable renewal process. However, the tax consequences require a thorough vetting.
Accounting Tools
DECEMBER 26, 2023
What is a Cap Table? A cap table is a spreadsheet that itemizes the ownership positions of the investors in a business. If a business has issued several types of equity , then the cap table is subdivided into stock types. This means that, for example, an investor might have acquired shares of common stock , Series A preferred stock , and Series B preferred stock.
Accounting Today
DECEMBER 26, 2023
Technology helps financial advisors unlock much more value by being able to switch up clients' buckets of investments at any time throughout the year.
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.
Accounting Tools
DECEMBER 26, 2023
What is a Bond? A bond is a fixed obligation to pay that is issued by a corporation or government entity to investors. The issuer is obligated to make a series of interest payments to the bond holders over the life of the bond, and to buy back the bonds at their maturity date. This is a form of debt for the issuer. The Present Value of a Bond The issuer may have an interest in paying off the bond early, so that it can refinance at a lower interest rate.
Accounting Today
DECEMBER 26, 2023
In a recent case, the Tax Court addressed the issue of when limited partners may be subject to self-employment tax.
Accounting Tools
DECEMBER 26, 2023
What is the Basic Earnings per Share Formula? Basic earnings per share is the amount of a company’s earnings allocable to each share of its common stock. It is a useful measure of performance for companies with simplified capital structures that only contain common stock. If a business only has common stock in its capital structure, the company presents only its basic earnings per share for income from continuing operations and net income.
Accounting Tools
DECEMBER 26, 2023
What is a Business Transaction? A business transaction is an economic event with a third party that is recorded in an organization's accounting system. Such a transaction must be measurable in money. Once a business transaction has been recorded, it will flow through the accounting system and appear in a firm’s financial statements. Examples of Business Transactions Examples of business transactions are: Buying insurance from an insurer.
Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker
If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!
Accounting Tools
DECEMBER 26, 2023
What is Economic Value Added? Economic value added is the incremental difference in the rate of return over a company's cost of capital. In essence, it is the value generated from funds invested in a business. If the economic value added measurement turns out to be negative, this means that management is destroying the value of the funds invested in a business.
Accounting Tools
DECEMBER 26, 2023
What is Transaction Exposure? Transaction exposure is the risk of loss from a change in exchange rates during the course of a business transaction. This exposure is derived from changes in foreign exchange rates between the dates when a transaction is booked and when it is settled. This is a particular concern when there is a lengthy gap between the start of a transaction and when payment is received.
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