Xero

OCTOBER 31, 2022

We’ve added so much value to new invoicing that we’re going to make it the default invoicing experience for new Xero customers from 16 November 2022. See the breakdown of different tax rates and tax components, if you’re in the US or Canada. New Xero customers will default to new invoicing.

Invoicing 264

Invoicing XERO Auditing Tax 264

Nolan Accounting Center

SEPTEMBER 15, 2023

Most of the time, small business returns are not audited. In November 2021, the IRS announced that audits would increase by 50% in 2021. In August 2022, the Inflation Reduction Act was passed, which included $80 billion in funding for the IRS, with approximately $45 billion of that going towards enforcement.

Auditing 92

Auditing Tax Accounting Accounting 92

Xero

SEPTEMBER 8, 2022

Transactions that take place on a public blockchain are time-stamped and transparent, which creates a clear audit trail for all to see. Accountants would be able to see transactions in real time and verify records via a trusted audit trail.” . This is not just the domain of tax advisers.

XERO 264

XERO Computation Collections Tax 264

Jetpack Workflow

FEBRUARY 5, 2025

Podcast Summary In this episode of Growing Your Firm, host David Cristello speaks with Michael Meihaus , the owner of Meihaus CPA , who transitioned from a decade in public accounting to launching his own firm focused exclusively on retirement plan audits.

CPA 59

CPA Auditing Accounting Accounting 59

Cloud Accounting Podcast

MARCH 22, 2023

Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] (00:00) - CAP 324 (00:17) - Preview: The job of a lawyer in setting up businesses (00:49) - Introduction and welcome Matt to the show (04:18) - What does a tax lawyer do? (09:08) 09:08) - What do you do for me as a client? (13:26)

Tax 75

Tax Auditing Accounting Accounting 75

AvidXchange

MARCH 17, 2025

McKinsey reports that 82% performed a digital payment in 2022 up from 78% in 2021. Additionally, they ease report generation, tax compliance and auditing. In this piece, well address five trends impacting K-12 schools and share how automating financial operations can help so you can focus on educating your students.

AP 52

AP Financial Operations Financial Operations Accounts Payable 52

Future Firm

APRIL 4, 2022

Do you want to know how to start a bookkeeping business or accounting firm in 2022? 4) If you provide tax preparation services, they’re a great way to avoid a crazy tax season. Tax services that you’ll provide in tax season? This will ensure that you only admit the right small businesses into your accounting firm.

Bookkeeping 98

Bookkeeping Bookkeeping Services XERO QuickBooks 98

Intuit

JANUARY 19, 2024

CPA jobs could range from tax preparer and bookkeeper to financial adviser and accounting professor. Explore the benefits of remote and freelance CPA jobs, as well as how Intuit can help you kick-start your career as a TurboTax Live Tax Expert or QuickBooks Live Expert Bookkeeper. What Is a CPA?

CPA 130

CPA Bookkeeping QuickBooks Financial Statements 130

Billah and Associates

JANUARY 27, 2021

Corporate tax deadlines are a little different than personal tax deadlines. For tax purposes, corporations can have year-ends that are not December 31st. Corporate tax return filings are due 6 months after the year-end For eg, a December 31, 2022 year-end would have a June 30, 2023, due date.

Tax 52

Tax Corporation Tax Financial Statements Bookkeeping 52

Counto

MAY 4, 2024

It was recently updated on 14 March 2022 to include features like auto-renewal submissions and an offline payment process, enhancing the overall user experience. Certification Audit and Ongoing Inspections Post-application submission and fee payment, a certification audit will be conducted at your premises by MUIS.

Corporation Tax 97

Corporation Tax Auditing Bookkeeping Computation 97

Analytix Finance & Accounting

JUNE 23, 2023

Tax season is often a dreaded and stressful time for many U.S. As deadlines approach, businesses scramble to file taxes, which often leads to missed opportunities for maximizing tax savings. We will also cover how revenue is lost when tax benefits are not considered, specifically due to late or rushed filing.

Tax 52

Tax Payroll Auditing Accounting 52

Invoicera

APRIL 10, 2024

Knowing these rules matters if you want to ensure tax compliance, accurate financial reporting, and legal validity. Tax systems vary worldwide. Some of those contextual policies include Value Added Tax (VAT), Goods and Services Tax (GST), and sales tax.

Invoicing 52

Invoicing Tax Record Keeping Invoice Processing 52

CapActix

APRIL 13, 2023

Millions of entrepreneurs and CEOs have realized the revenue-maximizing benefits of outsourcing tax preparation to partners in India. billion in 2022. We have compiled a list of top tax preparation outsourcing companies in India. And it is expected to reach around USD 301.46 billion by 2030.

Tax 52

Tax CPA Auditing Financial Analysis 52

Bookkeeping Express

MARCH 8, 2023

Tax season is here, and that means it’s time to not only gather your documents and file your annual returns but also to plan for the coming tax year. You still must pay estimated taxes immediately, however, or you will be liable for interest when you do file your return. Last day to make IRA and HSA contributions for 2022.

Tax 52

Tax Collections Auditing Accounting 52

Cloud Accounting Podcast

JANUARY 20, 2023

link] 2023: The Year of Crypto Compliance [link] Quickbooks missed a golden opportunity to market itself with the FTX saga [link] -721b17443fd5 4 The Financial Future: The Impact of AI on Finance and Accounting [link] Most companies pay $11 or more per expense report [link] Terry Smith fires darts at Meta, Apple, Unilever and accounting.

Tax 52

Tax CPA QuickBooks Expense Reports 52

Cloud Accounting Podcast

NOVEMBER 4, 2022

Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 14:30 – Matt Foreman on Twitter: "Say you don’t know how “ordinary and necessary” is defined by tax law without saying you don’t know how “ordinary and necessary” is defined by tax law.

CPA 52

CPA Auditing QuickBooks Tax 52

Nanonets

AUGUST 1, 2023

Over the years, the auditing landscape has undergone remarkable transformations, and among the most significant advancements has been the advent of audit automation software solutions. Computer-Assisted Audit Tools and Techniques (CAATTs) have been available to auditors since the early 1990s. The situation has changed now.

Auditing 40

Auditing Collections MS Office Computation 40

Compleatable

JUNE 15, 2023

Can they reclaim the VAT / Tax (as that depends on what was bought)? These steps are absolutely necessary; they’ll be reviewed during the annual audit and have to be correct for fiscal statutory returns. Was it received or returned? Where do they find the invoice? Which department & GL expense codes should it be coded to?

Invoicing 100

Invoicing Accounting Software Billing Purchase Order 100

Counto

MAY 29, 2023

Corporate Taxes: Key Dates and Exemptions to Be Aware Of Navigating tax season can be daunting for many business owners, but understanding the ins and outs of filing taxes is essential for operating a successful business in Singapore. This will prevent you from becoming flustered when the deadlines draw near.

Corporation Tax 52

Corporation Tax Tax Bookkeeping Services Financial Statements 52

Cloud Accounting Podcast

MAY 16, 2023

Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes KPMG pens deal with MindBridge to apply AI to digital audits | Accounting Today [link] We ran the CPA exam through ChatGPT and it failed miserably | Accounting Today [link] I Cloned Myself With AI.

CPA 52

CPA Auditing Tax Billing 52

Cloud Accounting Podcast

JANUARY 26, 2023

million bill that caused it to quit the cloud [link] Accountant must repay employer after software shows ‘time theft’ [link] George Clooney to Headline Expensicon 2023 [link] U.S. accounting watchdog faces lawsuit over its 'secretive. [link] TaxBit Announces Acquisition of Digital Asset Accounting Startup.

CPA 40

CPA Auditing QuickBooks Tax 40

Cloud Accounting Podcast

NOVEMBER 21, 2023

Billion Deal for Melio [link] Bill Holdings stock sinks amid report of $1.95B deal talks for Melio. Billion Deal for Melio [link] Bill Holdings stock sinks amid report of $1.95B deal talks for Melio.

QuickBooks 56

QuickBooks Billing Auditing CPA 56

Cloud Accounting Podcast

JANUARY 6, 2022

In the last recorded episode of 2021, we've got app updates from QuickBooks Online, and Intuit ProConnect Tax, numbers from Expensify, raises by LiveFlow, and much more. We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary.

QuickBooks 40

QuickBooks Payroll CPA Tax 40

CapActix

OCTOBER 10, 2023

This advanced software offers a comprehensive range of features, including payroll management, report generation, expense tracking, and even tools for auditing and tax preparation support. Investing in the best accounting software for CPAs and accounting firms designed to facilitate the operations of accounting business is a prudent decision.

Accounting Software 52

Accounting Software Accounting Accounting Data Entry 52

Invoicera

FEBRUARY 5, 2024

A 2022 study by McKinsey & Company revealed that companies with effective cross-selling strategies experience a 15-25% increase in revenue. 81% of consumers crave more self-service options, as the 2022 Digital-First Customer Experience Report revealed. No more phone calls or emails about lost invoices!

Invoicing 52

Invoicing Invoice Processing Data Entry Billing 52

Cloud Accounting Podcast

JULY 20, 2022

Today I;m leading 22 colleagues on legislation to make filing taxes free and easy for taxpayers. The IRS itself can and should adopt my plan; Elizabeth Warren (@SenWarren) July 13, 2022 [link] 45:10 – AICPA recommends additional IRS backlog measures - Journal of Accountancy [link] 49:43 – Obviously most CPAs are against the 150 hr rule.

CPA 40

CPA Auditing Tax Bookkeeping 40

Cloud Accounting Podcast

AUGUST 16, 2023

18:45) - Smaller firms are the ones really impacted by this talent shortage (20:04) - PCAOB says 40 percent of 2022 audits are deficient (24:35) - What are the things younger accountants are really complaining about? (30:34) (13:28) - Are substantial equivalency and mobility really a roadblock? (18:45)

CPA 52

CPA Accounting Accounting Auditing 52

Nanonets

APRIL 14, 2023

In this article, we'll look at how you can use ChatGPT in accounting to help simplify tedious tasks, generate financial projections quickly, create accurate audit reports, assist with invoice processing and expenses, and manage client communications effectively. While necessary, audits may be a significant drain on resources.

Data Entry 52

Data Entry Financial Reporting Accounting Accounting 52

AvidXchange

APRIL 18, 2023

McKinsey reports that 82% performed a digital payment in 2022 – up from 78% in 2021. Additionally, they ease report generation, tax compliance and auditing. In this piece, we’ll address five trends currently impacting K-12 schools and share how automating financial operations can help.

AP 52

AP Accounts Payable Accounts Payable Financial Operations 52

Cloud Accounting Podcast

JUNE 16, 2022

Easier Accounting Commercial [link] 34:04 – CohnReznick charged with improper auditing conduct by SEC [link] 38:53 – Listener mail – Thank you, Dan!

Bookkeeping 40

Bookkeeping Auditing Tax Accounting 40

Nanonets

JANUARY 17, 2024

However, this report also includes all the purchases and taxes paid during the period. The expense report enables more thorough auditing throughout the permitting process than just showing the total expenditures incurred. Tax Maintenance The central part of running a business is maintaining tax deductions and fillings.

Expense Reports 52

Expense Reports Budgeting Accounts Payable Accounts Payable 52

Nanonets

SEPTEMBER 21, 2023

Organizations in Mexico are required to submit their invoices to the Mexican tax authority, SAT, using the  CFDI  format. These details are crucial for businesses to maintain accurate records and comply with tax regulations. This electronic invoice can then be shared with customers and used for tax compliance purposes.

Invoice Processing 40

Invoice Processing Invoicing Tax Billing 40

AvidXchange

MARCH 22, 2024

These include: • Month- and year-end closes • Audit and tax season • Budgeting season • Holidays and personal time off (PTO) During these periods, time management tips for accounting and finance professionals are especially important. For most companies, audit season coincides with this period.

Accounting 52

Accounting Accounting AP Budgeting 52

AvidXchange

FEBRUARY 1, 2022

To become a controller, you’ll need to learn more about corporate accounting as well as the impact of taxes, regulations and audits on corporate finances. DOWNLOAD NOW READ MORE: The Future of AP in 2022 - 7 Important Trends to Be Ready For The post 3 Ways to Fast Forward Your Finance Career appeared first on AvidXchange.

AP 52

AP Corporate Finance Accounts Payable Accounts Payable 52

Invoicera

JANUARY 2, 2024

That means smoother audits and better financial decisions. Accounting firms are implementing encryption protocols, multi-factor authentication, and regular security audits to safeguard sensitive financial information. Changes In Tax Policy Tax policies are rapidly changing, demanding swift adaptation from accountants.

Accounting 52

Accounting Accounting Invoicing Tax 52

IMA's Count Me

AUGUST 22, 2021

Sometimes we'll do the audit work for the operating company. They can help on due diligence, they can help on tax structuring. Have they set up the right audit committee to work through, you know, all things that are critical when you become a public company is something they should be thinking about. Adam (14:47): Definitely.

Financial Reporting 40

Financial Reporting Auditing Accounting Accounting 40

Nanonets

APRIL 14, 2023

billion in 2022 to $39.05 Expense management software is used to register, track, reimburse, and audit employee expenses, making it easier for companies to manage their finances on a micro-level. Interest charges, taxes, impairment charges, and losses on the disposition of assets fall into this category. billion by 2029.

Invoicing 52

Invoicing Accounts Payable Accounts Payable Purchase Order 52