Mon.Jun 24, 2024

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IRS lowered its sights on high-income taxpayer audits

Accounting Today

The Internal Revenue Service switched over from focusing its audits on taxpayers earning $10 million or more to those earning $400,000 or more after passage of the Inflation Reduction Act.

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Let Remote Quality Bookkeeping Handle Your Bookkeeping Needs

Remote Quality Bookkeeping

As a business owner, you know that you have a ton of responsibilities. You have to make sure that all of your employees are doing what they need to do to make your company run smoothly, you have to make sure your customers are happy with everything. Who has time to do the bookkeeping? For most businesses, bookkeeping is a necessary evil that they would rather pay someone else to do.

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Accounting Today news quiz: June 24

Accounting Today

Test your accounting knowledge on state by state tax burdens, M&A, and more. No. 2 pencil not required!

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IRS Maintains ERC Moratorium Despite Pressure

Insightful Accountant

The IRS has announced it will continue its moratorium on processing new ERC claims, citing concerns over potential fraud and improper claims.

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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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Lawmakers propose windfall profits tax on companies inflating prices

Accounting Today

Sen. Bernie Sanders and Ed Markey are introducing legislation to impose a 95% windfall tax on the excess profits of large corporations that are overcharging for products.

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AWS Fargate Pricing Guide for Cloud Container Management

Economize

Introduction to AWS Fargate AWS Fargate is a revolutionary serverless compute engine for containers that simplifies the deployment, management, and scaling of containerized applications. By abstracting away the underlying infrastructure, Fargate allows developers to focus on building and running applications without worrying about server management.

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Marketing Talks | Marketing Strategies For Lead Generation | Archives

Insightful Accountant

Watch this replay for Marketing Talks as Janel Sykora goes over Marketing Strategies for Lead Generation.

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Art of Accounting: Where are you going?

Accounting Today

Planning is essential in any endeavor, especially in an accounting practice.

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Essential Metrics for Increased Efficiency During Tax Season

Dext

Tax Season can feel like a nonstop whirlwind of paper and data entry, but it can be conquered by breaking it down into metrics. Tracking those is key to managing, and increasing, your tax season efficiency. To manage your efficiency, you need visibility over your bookkeeping activity.

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Your client's retired. What now?

Accounting Today

Clients need to start planning for what happens after the day they stop working, says John Napolitano.

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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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A Guide to Credit Card Reconciliation

Nanonets

What is Credit Card Reconciliation? Credit card reconciliation is the process of ensuring that the credit card transactions match the internal general ledger. It involves verifying the expenses recorded by the company's accounting system align with the statements provided by the credit card issuer. Credit cards have made it easier for businesses to process payments.

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Ex-Warburg banker's tax evasion trial ends over his poor health

Accounting Today

Christian Olearius has been found permanently unfit to stand trial, so the court dropped the case.

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You Might Be the Right ProAdvisor for the QuickBooks Partner Council

Insightful Accountant

Intuit has recently opened the application process for the 2024 QuickBooks Partner Council. You just might be the Right ProAdvisor for their council.

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Outsourcing Payroll Services – Accuracy Is Paramount

Remote Quality Bookkeeping

We have talked about the need for you to be able to reach your remote bookkeeping service in times of need but we haven’t talked about the need for that company to be accurate. It may seem like an obvious thing but some companies don’t have the manpower to keep up with demand, or didn’t do the right hiring themselves to start. Always vet your bookkeeping service for accuracy, these are just some of the reasons why, and specifically to do with payroll.

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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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Missed Something at Scaling New Heights? Catch Up at the App Academy on June 26!

Insightful Accountant

We understand how busy those few days can be, and it’s easy to miss out on seeing, hearing from, or visiting everyone you want to. That’s why we’re bringing the content to you. Join us on June 26 for the Scaling New Heights App Academy!

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Hiring A Bookkeeper

Remote Quality Bookkeeping

When you are a business owner, there are a lot of things to consider about your business. The type of business, color schemes, and even the type of people that you want working for you are big issues. Something like whether or not to hire in-house bookkeeping is a big decision that you shouldn’t make blindly. Here, you’ll find a list of qualifications to think about when hiring a bookkeeper that will keep you protected and correctly informed.

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NetSuite Launches New Healthcare Solution

Insightful Accountant

NetSuite's new 'SuiteSuccess Healthcare Edition' is designed to enhance efficient and improve patient care by streamlining business processes, expanding insights, and enhancing decision-making while supporting HIPAA privacy and security requirements.

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Understanding and Optimizing Google Cloud Storage Costs: A FinOps Perspective

finout

Discover how to manage Google Cloud Storage costs, the risks of neglect, top open-source tools, and why Finout is the best tool for FinOps.

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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.