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In 2023, the boom-and-bust cycle that affected the broader tech and startup sector was even more acute in fintech. Many companies are facing existential challenges due to threats to their business models, the effects of rising interest rates, and the extreme drops in fintech valuations. Founders are facing tough decisions regarding their path forward, and realizing some of the assumptions and market dynamics that led them to create their businesses have fundamentally changed.
In today’s fast-paced world, the rate of change might feel like being on a busy freeway or chasing the speed of light. At work, we need to keep up with the rapid (and constant) advancements in technology, making it difficult to maintain a balance between being efficient and delivering quality results. And we’ve become conditioned to expect speed and quality outside of work, too.
The Internal Revenue Service has revised the question it has asked in recent years about income from digital assets such as cryptocurrency on the Form 1040 for individual taxpayers this tax season and added it for the first time to tax forms for estates, trusts, partnerships and C and S corporations.
We’ve had two versions of our invoicing feature for a while now — classic invoicing and new invoicing. The new version is built on the latest technology and features time-saving tools that make it easier to customise your invoices and simplify the way you get paid. Our teams have big plans to add even more value to the new version of invoicing in the future, including features that we know are important to you.
Speaker: Dylan Secrest, Founder of Alamo Innovation and Construction Digital Transformation Consultant
Construction payment workflows are notoriously complex—juggling multiple stakeholders, compliance requirements, and evolving project scopes. Delays in approvals or misaligned data between budgets, lien waivers, and pay applications can grind progress to a halt. It doesn’t have to be this way. Join expert Dylan Secrest to discover how leading contractors are turning payment chaos into clarity using digital workflows, integrated systems, and automation strategies!
Business growth is a key objective of any entrepreneur, but it is not always easy to achieve. There are many components, including having the appropriate financial infrastructure in place. This is where outsourced client accounting services come in.
Key Insight Microsoft is expanding the cost and usage data available in the portal so that FinOps practitioners can gain insights that improve their practice. Summary Education : Microsoft wants to help organizations learn how to adopt FinOps. While tools help with implementing FinOps, the cultural shift can be more difficult, so Microsoft is focusing on teaching people about the collaboration that is required to be successful with FinOps.
Widespread adoption of generative AI is now in its second year, and the wow factor has given way to a deeper understanding of its pros and cons. The technology has been in the hands of the public, innovators, and threat actors long enough for predictions about its future to be rooted in experience. Three of Intuit’s technology leaders look to the year ahead and share their perspectives on what AI presents and how organizations will need to both seize the opportunities and tackle the challenges.
The Internal Revenue Service reported progress Friday on its efforts to increase its audits of large corporations, complex partnerships and high-income individuals, collecting over half a billion dollars from millionaires who didn't pay their taxes.
You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes? It’s time for an upgrade. SkyStem's Guide to Month-End Close Software walks you through what today’s best tools can do (and what your team shouldn’t have to deal with anymore). Get smart, fast, and a whole lot less stressed when it’s time to close the books.
The Internal Revenue Service and the Treasury released information on tax incentives for installing electric vehicle charging stations and where they can be located.
The House Ways and Means Committee reported the text of the Tax Relief for Workers and Families Act after voting last week to advance the bipartisan bill.
The Internal Revenue Service and tax professionals are preparing for the start of tax season Monday, hoping for a smooth filing season like last year, although last-minute tax law changes are possible thanks to a deal working its way through Congress to revive tax breaks like a more generous Child Tax Credit.
Speaker: Jason Chester, Director, Product Management
In today’s manufacturing landscape, staying competitive means moving beyond reactive quality checks and toward real-time, data-driven process control. But what does true manufacturing process optimization look like—and why is it more urgent now than ever? Join Jason Chester in this new, thought-provoking session on how modern manufacturers are rethinking quality operations from the ground up.
The Internal Revenue Service and the Treasury Department told businesses they won't have to report on the digital assets they receive until regulations are issued.
The chairs of Congress's two main tax committees announced a deal to extend a number of expired tax credits and tax breaks, including the expanded Child Tax Credit.
The Internal Revenue Service unveiled a Simple Notice initiative Tuesday to review, redesign and deploy hundreds of its notices, starting with the most common ones.
Fifteen states are reducing either individual or corporate income taxes this year, with some states trimming both individual and corporate taxes, among 34 states starting the year with significant tax changes.
The accounts payable (AP) function is evolving and AI is leading the charge. As finance teams face rising invoice volumes and expectations for speed and accuracy, AI-powered automation has shifted from a futuristic concept to the most practical solution. But for finance leaders, success isn’t just about selecting the right tools, it’s about implementing the right strategy.
The official start date of tax season for individual taxpayers will be on Jan. 29, but the Internal Revenue Service plans to accept business tax returns as soon as Jan. 16.
The Internal Revenue Service offered information about how business owners can avoid electronically filing their income tax forms if it violates their religious beliefs.
Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.
The House passed tax extenders legislation reviving a number of tax breaks, including the enhanced Child Tax Credit, the ability to fully deduct research and development expenses in the first year, 100% bonus depreciation, disaster tax relief, and more.
Over 60 members of the New Jersey Society of CPAs visited 65 high schools in the Garden State last fall to tell students about accounting careers and how to become a CPA.
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
Narrower criteria reduced the number of qualifying models from about two dozen. The new rules exclude from the tax credit vehicles that use battery components made by Chinese manufacturers.
The Internal Revenue Service has been working to resolve a problem that was preventing businesses and tax professionals from using a new online portal where they could file their 1099 forms for free.
The agency plans to restrict access to a system that provides borrower tax returns to mortgage lenders beginning June 30. Left out of the loop, small-business lenders say getting credit to borrowers will become more difficult as a result.
Companies and state tax authorities are embroiled in court cases that could have a major impact on how states handle taxes on digital advertising, online sales and transfer pricing.
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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