December, 2024

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Slow down on that SLAT. Here are some of the risks

Accounting Today

The tax advantages and a degree of flexibility have added to the appeal of spousal lifetime access trusts. But they aren't a fit for everyone.

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Intuit Appoints Thomas Ranese as CMO

Intuit

For over 40 years, Intuit has worked to find new, innovative ways that technology can solve our customers’ most important financial problems. In this era of artificial intelligence, our global AI-driven expert platform strategy will revolutionize the customer experiences we deliver around the globe. To realize the opportunity in front of us, we must continue to evolve our commercial strategy to go to market as a platform, embracing AI to better understand our customers, personalize their journe

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Why Real-Time Bookkeeping is Essential for Modern Businesses

Less Accounting

In today’s fast-paced business environment, making informed decisions quickly is more critical than ever. Real-time bookkeeping, which provides up-to-date financial information at the click of a button, has become an indispensable tool for modern businesses. Gone are the days of waiting until month-end or quarter-end to see how your business is performing.

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Maximize Efficiency with QuickBooks Online Accountant’s 8 Prep for Taxes Features

Insightful Accountant

Tax season is a big challenge for all accountants. You need to get information from clients, clean up their books, carefully review data, and export and/or check trial balances. “Busy season” is accurate.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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8 Best Banks for Small Business in Florida

Fit Small Business

We compared dozens of banks and chose these eight as the best banks in Florida for a small business. To qualify for this list, banks had to have physical locations in the state of Florida. Then, we ranked them based on the quality of the business checking products offered, including other business products and services. The post 8 Best Banks for Small Business in Florida appeared first on Fit Small Business.

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Don’t Be a Victim of Cyberattacks This Holiday Season

Ace Cloud Hosting

There is never a good time for cyberattacks to occur. However, any cyberattack on your business process during the holiday season could reap disastrous results. This is because, during the.

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More Trending

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Ep. 291: Alexandre Louisy - The Future of B2B Payments: Embracing Revolutionary Automation and Innovation

IMA's Count Me

Join us in an exciting conversation with Alexandre Louisy , the co-founder and CEO of Upflow , as he and host Adam Larson tackle the challenges of ensuring timely payments in the B2B world. Alexandre shares his insights on modernizing payment methods, stressing why online payments are crucial for both vendors and customers. Learn why manual invoices and checks are becoming outdated and how automation can save time and money.

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Dec 2, Do you need a compilation engagement report?

Bookkeeping Essentials

Whether you're a bookkeeper or small business owner, how do the CPA standards for compilation engagement reports affect you? NTR is now CER.

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Insights on Business Valuation and M&A with John Martinka

Insightful Accountant

In this episode of the Accounting Insiders podcast, Gary DeHart interviews John Martinka, co-founder of Nokomis Advisory Services, about key strategies for small businesses in the M&A sector.

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How to Handle Sudden Staff Turnover in Your Accounting Firm

accountingfly

Did you just lose a key staff member? Sudden staff departures can feel like a crisis, especially when deadlines are looming. In the latest Accounting Talent Podcast , Jeff Phillips and Rob Brown tackle this pressing issue with a practical, step-by-step guide to help your firm navigate the next 30 days and secure a suitable replacement quickly. Drawing on years of experience in the job board and staffing industries, Phillips shares how to turn setbacks like these into opportunities.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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Macy's Thanksgiving Accounting Mystery

Cloud Accounting Podcast

Blake and David examine the mysteries and motives surrounding the recent Macy's accounting scandal, where a single employee allegedly concealed $132-154 million through improper accrual entries. They also examine Trump's proposed 25% tariff plan on imports from Mexico and Canada (plus an additional 10% on China), discussing its potential impact on American businesses and consumers.

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Looking back with Barry Melancon

Accounting Today

On the eve of his retirement, AICPA chief Barry Melancon looks back at how the institute – and the accounting profession – have changed over the past 30 years.

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Super Micro finds no evidence of fraud, will replace CFO

Accounting Today

The investigation determined that "the conclusions EY stated in its resignation letter were not supported by the facts examined in the review.

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Small firms must balance budget and ambition on AI

Accounting Today

Small firms can't drop billions on custom AI systems, but there are still ways to leverage the tech without breaking the bank.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Financial Accounting Foundation executive director to retire

Accounting Today

John Auchincloss will retire in September 2025 from the FAF. The search for his successor will begin immediately.

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By the numbers: IRS Direct File, the growing tax gap and more

Accounting Today

The latest data on the growth of the IRS's Direct File program, how many corporate tax pros believe generative AI is beneficial in accounting, and other key metrics.

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Practice Profile: Dreaming up a better tax season

Accounting Today

Al-Nesha Jones envisioned a better busy season, and made it happen at her ASE Group

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Have You Filed BOI Reports?

Insightful Accountant

Many corporations and limited liability companies must now file a Beneficial Ownership Information (BOI) Report with the U.S. Treasury Financial Crimes Enforcement Network. have you filed yours?

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Make QBO Payroll Items Inactive

Insightful Accountant

Users of QBO Payroll can now make payroll items, they no longer need, inactive. It's just five simple steps in this week's QB Monday Minute.

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IRS Announces New 1099-K Reporting Thresholds for 2024-2025

Insightful Accountant

In a significant development for tax practitioners and their small business clients, the IRS has established new transitional thresholds for Form 1099-K reporting through Notice 2024-85.

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Extended 2025 ProAdvisor Nomination Deadline Approaching

Insightful Accountant

December 10th is the 'Extended Deadline' to nominate a ProAdvisor. There's still time to nominate a deserving U.S. or International ProAdvisor for the 2025 Awards.

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Aprio Releases 2025 Technology Outlook

Insightful Accountant

Aprio tech outlook outlines key trends that will influence investment in the tech sector during 2025.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Ex-bank CEO's tax scandal bill raised to €5.6M by top court

Accounting Today

Germany's top criminal court almost doubled the amounts of illicit profits a former chief executive officer of a defunct bank and other ex-managers must repay.

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Art of Accounting: Stanley Goldstein's early reflections on Barry Melancon

Accounting Today

Barry had an extraordinary career with great achievements leading the accounting profession forward and into a bright-looking future.

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Taxes and the 'amateur athlete'

Accounting Today

Court decisions have opened up a whole new world of tax worries for college athletes.

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Biden pardons son Hunter in reversal with weeks left in term

Accounting Today

Biden justified the pardon on tax and gun charges and more by saying that the case against his son was politically tinged, excessive and designed to break him.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O'Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng