Sat.Sep 16, 2023 - Fri.Sep 22, 2023

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IRS freezes ERC: What you need to know in less than 3 minutes

Blake Oliver

The IRS has announced an immediate moratorium on new Employee Retention Tax Credit claims through the end of the year amidst a surge of questionable submissions. Tune in for details on the ERC crackdown , including new criminal probes, longer processing times, and options for withdrawing improper claims. If you liked this update, subscribe to The Accounting Podcast on Apple Podcasts , Spotify , or wherever you listen to podcasts.

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IRS to reduce audits of EITC claimants

Accounting Today

The service said Monday it plans to lower its audit rate of low-income taxpayers, even as some criticize its ability to protect taxpayer information.

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Xero Beautiful Business Fund: Meet our global judges

Xero

The application period for the Xero Beautiful Business Fund will be wrapping up a few short weeks! To help us select the winners of the 2023 Xero Beautiful Business Fund, we’ve lined up a stellar list of regional and global judges. The judges represent small businesses, accountants and bookkeepers and Xero’s global partners. They will play a key role in evaluating the entries to help our small business winners achieve their ambitions.

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5 Essential KPIs to Track for Your Growing Business

Accounting Department

As a growing business, it's essential to monitor and track various key performance indicators (KPIs). This is crucial in assessing the performance of your business, determining the areas that need improvement, and making informed decisions.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But 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. 🗻 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. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Fidesic Features Spotlight: Vendor Portal

Fidesic blog

It’s time to check out our feature of the month in the Fidesic app. Today we are putting the spotlight on our Vendor Portal.

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IRS moratorium on new ERC claims puts spotlight on preparers

Accounting Today

The Internal Revenue Service is encouraging employers to work with qualified tax professionals rather than shady promoters.

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How Outsourced Client Accounting Services Can Help You Maximize Efficiency

Accounting Department

In today's fast-paced business environment, maximizing efficiency is key to staying competitive and achieving sustainable growth. One area where businesses can significantly streamline their operations is within their accounting department. By outsourcing these functions to client accounting service experts, organizations can focus on their core activities while benefiting from enhanced accuracy, improved financial processes, and valuable time savings.

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QuickBooks Pro vs. Pro Plus – What are the Differences?

Ace Cloud Hosting

When it comes to managing your business finances, QuickBooks is a name that needs no introduction. Yet, within the QuickBooks ecosystem, there are versions catering to specific business needs. Among.

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IRS sets up unit to focus on tax compliance at pass-throughs

Accounting Today

The service is establishing a group within its Large Business and International division to bolster tax compliance at large partnerships and S corps.

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Celebrate Your Team: Finance & Accounting Appreciation Week 

AvidXchange

T h e I n s t i t u t e o f F i n a n c e & M a n a g e m e n t (IOFM) ’ s Finance & Accounting Appreciation Week is September 25-29, 2023. Now’s the time to order treats and circulate cards for your hard-working accounts payable (AP) team. AvidXchange’s own Rhonda Greene, principal solutions consultant, said it best: “I’ve never worked with an AP person that didn’t want to make a difference.

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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.

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The Guide to Organizing Financial Documents Like an Financial Expert

LedgerDocs

Bookkeepers are the financial defense line of businesses. They are responsible for maintaining accurate and organized records to ensure that the organization remains compliant with tax regulations and allows for all employees of the company to locate critical company history easily. The efficiency in organizing financial documents, such as tax records, invoices, receipts, bank statements, and reports can make a significant difference on their own efficiency and success and the organization’

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Challenges and Solutions in Adopting AI for Small and Medium Accounting Firms

Dext

Like the rest of us, you keep hearing about AI — everywhere. You’re intrigued, but also a tad sceptical. You might be thinking, artificial intelligence sounds like a big league play. And, after all, how would it affect your business? Well, hold that thought. If you’re curious, stick around.

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Helping clients recover from tax scams

Accounting Today

Fraudsters are ever-inventive, and accountants and tax pros need to make sure their clients keep vigilant.

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Examining the Build-to-Rent Phenomenon 

AvidXchange

Build-to-rent (BTR) is a hot topic in real estate today. Many adjacent industries, including property management, community association management, construction and lending, are starting to see related impacts as well. AvidXchange recently hosted a webinar on build-to-rent trends , “The Build-to-Rent Revolution: Unlocking the Future of Housing.” Panelists included: Chelsa Fenner, Regional Vice President, Community Association Management Services (CAMS) John Azar, Founder and Managing Part

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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.

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Accounting Tips for Engineering Companies

CSI Accounting & Payroll

Engineering companies face complex issues for clients, and your accounting can be equally as challenging. Depending on the size of your company, you may have different concerns. At CSI Accounting & Payroll, we've worked with engineering companies for over 50 years. We know that keeping on top of your accounting is not as straightforward as it is for some other small businesses.

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Accounting Websites: 43 Examples for Modern Firms

Future Firm

A well-designed website stands as a pivotal factor in converting visitors into invaluable leads. In this post, we’ll discuss key considerations for effective accounting website design and showcase a variety of inspiring examples that can guide your own creative approach. Let’s go! Table of Contents The Do’s and Don’ts of Accounting Website Design The Top 43 Examples of Accounting Websites The Do’s and Dont’s of Accounting Website Design To give you an idea of

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FTC warns prep companies about misusing customer data

Accounting Today

Five tax giants received a shot across the bow from the Federal Trade Commission.

Tax 321
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How Do You Move Transactions from Your Bank into QuickBooks Online?

Reconciled Solutions

QuickBooks Online makes it easy to move transactions over from your bank, but be sure you know how the site handles them once you’ve moved. The post How Do You Move Transactions from Your Bank into QuickBooks Online? appeared first on Reconciled Solutions.

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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.

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7 Accounting and Payroll Best Practices for Insurance Agents

CSI Accounting & Payroll

As an insurance agent, you understand the importance of protecting one's assets. That’s why your clients rely on your expertise when it comes to covering their health, vehicles, homes, businesses, and other important aspects of their lives. Why not have the same protection for your agency’s finances? Professional accounting and payroll helps you to avoid financial surprises and covers you when issues or opportunities do arise.

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Operational audit definition

Accounting Tools

Related Courses How to Conduct an Audit Engagement What is an Operational Audit? An operational audit is an examination of the manner in which an organization conducts business, with the objective of pointing out improvements that will increase its efficiency and effectiveness. This type of audit is substantially different from a normal audit , where the objective is to examine the adequacy of controls and to evaluate the fairness of presentation of the financial statements.

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Navigating crypto accounting within the GameFi landscape

Accounting Today

Gaming Finance represents a radical departure from conventional gaming models. It's a concept that doesn't just entertain players; it empowers them economically.

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Headlines: IRS Freezes ERC

Cloud Accounting Podcast

The IRS has announced an immediate moratorium on new Employee Retention Tax Credit claims through the end of the year amidst a surge of questionable submissions. Tune in for details on the ERC crackdown, including new criminal probes, longer processing times, and options for withdrawing improper claims. Show Notes Employee Retention Credit Eligibility Checklist: Help understanding this complex credit [link] Red flags for Employee Retention Credit claims; IRS reminds businesses to watch out for w

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Canon imageFormula R40 Receipt Edition

Insightful Accountant

Murph checked out the Canon imageFormula R40 Receipt Edition for QuickBooks Online. See how it captures receipts, extracts key data, and sends the data and image to QuickBooks in a few clicks, and handles other documents just as well.

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Total assets definition

Accounting Tools

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook The Balance Sheet What are Total Assets? Total assets refers to the total amount of assets owned by a person or entity. Assets are items of economic value, which are expended over time to yield a benefit for the owner. If the owner is a business, these assets are usually recorded in the accounting records and appear in the balance sheet of the business.

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The Leadership Files: Avani Desai 

Accounting Today

For the head of Top 100 Firm Schellman, leadership starts with self-aware people who don't hesitate to challenge the status quo — or their leader.

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How to use GCP BigQuery Studio? + BigLake & Duet AI Tutorial

Economize

Google Cloud has introduced their BigQuery Studio—a groundbreaking solution designed to be your one-stop-shop for data analytics and AI workflows. This centralized dashboard is an intelligent blend of Google Cloud’s trusted services like Dataproc, Dataflow, BigQuery, BigLake, and Vertex AI.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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Roman Kepczyk | The Power of Cloud Solutions for Accounting Firms of All Sizes

Insightful Accountant

Gary DeHart and Roman Kepczyk, CPA, discuss the importance and advantages of hosted/remote/cloud based solutions for accounting firms of all sizes.

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Capitalization limit definition

Accounting Tools

Related Courses Fixed Asset Accounting How to Audit Fixed Assets What is the Capitalization Limit? The capitalization limit is the amount paid for an asset , above which an entity records it as a long-term asset. If an entity pays less than the capitalization limit for an asset, it charges the asset to expense in the period incurred. This limit is imposed in order to reduce the record keeping associated with long-term assets.

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PCAOB proposes to toughen rule for auditor liability for negligence

Accounting Today

The Public Company Accounting Oversight Board issued a proposal to amend its rule for an individual auditor's or audit firm's contributory liability for knowingly or recklessly contributing to violations.

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What Is QuickBooks Hosting? How does QuickBooks on Cloud Benefits your Business?

Ace Cloud Hosting

QuickBooks Hosting is the process of installing the QuickBooks Desktop accounting software on the cloud server, making it accessible via a web browser. It leverages cloud-based technology to deliver enhanced.

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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.