Werfel resigns as IRS commissioner
Accounting Today
JANUARY 17, 2025
IRS commissioner Danny Werfel announced plans Friday to resign next Monday, Jan. 20, coinciding with Inauguration Day.
Accounting Today
JANUARY 17, 2025
IRS commissioner Danny Werfel announced plans Friday to resign next Monday, Jan. 20, coinciding with Inauguration Day.
Accounting Department
JANUARY 16, 2025
In today's ever-changing business environment, having a solid financial strategy is crucial for achieving success. But what if your small or medium-sized business (SMB) can't afford to hire a full-time financial executive? That's where CFO support services come ina revolutionary solution for SMBs and startups. This blog explores what a CFO support service provider is, the significant value they offer, and why your business might benefit from their expertise.
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Accounting Today
JANUARY 14, 2025
Every state levies unemployment insurance taxes, but rates vary depending upon such factors as the health of the state's UI trust fund.
Xero
JANUARY 15, 2025
We’re thrilled to share some exciting news! Xero has just been awarded the IDC 2024 SaaS CSAT Award for Finance. Xero placed in the highest scoring group for vendors serving the financial application market. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets.
Speaker: Danny Gassaway and Wayne Richards
Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.
Compleatable
JANUARY 20, 2025
Purchase Invoice Management Software is increasingly becoming an essential tool for businesses aiming to streamline their purchasing and accounts payable processes. Rather than competing with established accounting solutions like Sage , Netsuite , and QuickBooks , solutions like Compleat Software complement and enhance the capabilities of these platforms, providing additional benefits that simply dont exist natively in the accounting solution.
Intuit
JANUARY 14, 2025
It’s a new year and it’s a great time to be in financial technology salesand theres no better place to do it than Intuit. As rapid innovation and growth transform our industry, Intuits longtime leadership in AI puts us at the forefront of this exciting market. Make 2025 the year you join our winning team, and lets see how far we can go together!
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Accounting Department
JANUARY 15, 2025
When an accounting service provider unexpectedly closes, businesses may find themselves in a rush to retrieve their financial data and maintain operations. The recent closure of a major accounting platform highlights the essential need for businesses to protect their financial information proactively.
Xero
JANUARY 14, 2025
Remember when the world shifted from paper to computers? Or from desktops to mobile devices? We’re on the cusp of a similar revolution with AI. What once felt like a futuristic, magical tool is quietly weaving itself into our daily lives. In the same way we now wonder how we ever lived without the internet, soon we’ll wonder the same about AI.
Compleatable
JANUARY 21, 2025
Sage AP Automation for Sage 50, Sage 200 and Sage Intacct. In most finance teams, specifically accounts payable, manual AP processes are a major cause of frustration for your finance function. But with AP automation, it doesnt have to be that way. Say goodbye to manual data entry tasks, basic or complicated approval workflows, and a lack of visibility and control.
Accounting Tools
JANUARY 14, 2025
What are Fixed Assets? Fixed assets are items that are expected to provide a benefit to the purchasing organization for more than one reporting period. In addition, these items must have an acquisition cost that is higher than the organizations capitalization limit, which is the threshold below which purchases are automatically charged to expense as incurred.
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It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.
Accounting Today
JANUARY 14, 2025
A Federal Trade Commission order requires the tax prep giant to make it easier for customers to use cheaper options.
Accounting Department
JANUARY 21, 2025
Financial reporting has always been a critical pillar of effective business management. It's the roadmap that guides decisions, uncovers opportunities, and highlights risks. However, in a fast-evolving economic landscape, relying solely on monthly reports or quarterly financial statements is slowly becoming obsolete.
Fit Small Business
JANUARY 20, 2025
U.S. Bank offers an excellent range of business checking accounts designed to provide flexibility for businesses that transact online and in person. The Silver Business Checking account is a solid choice for startups, freelancers, or new business owners, with 125 free monthly transactions, no minimum balance, and no monthly service fees. Larger enterprises can opt.
Compleatable
JANUARY 20, 2025
When it comes to managing Accounts Payable (AP), many businesses focus on optimising internal processes and streamlining workflows. But one factor often overlooked is the crucial role your B2B suppliers play in the success of your AP operations. Choosing the right suppliers can significantly impact your AP process in several key ways: Payment Terms & Flexibility Suppliers who offer flexible and favourable payment terms, such as early payment discounts or extended credit periods, provide much
Speaker: Jennifer Hill
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
The Successful Bookkeeper
JANUARY 16, 2025
Building a successful bookkeeping business requires resilience, strategy, and a commitment to continuous improvement. Whether you're just starting out or looking to scale your operations, the journey involves both challenges and opportunities. This blog highlights practical strategies and insights to help bookkeepers grow their businesses, serve clients effectively, and achieve long-term success.
Accounting Today
JANUARY 15, 2025
Whether you should hang out your shingle as an accountant depends on the answers to a number of questions.
Nolan Accounting Center
JANUARY 15, 2025
Cash flow is frequently described as the lifeblood of business, and positive cash flow is critical to the success of every business. Cash flow management is an especially vital practice for every small business owner. As Nick Chandi, ForwardAI CEO, stated, The more a business owner knows about their cash flow, the more empowered they become. Author Robert Kiyosaki added, Making more money will not solve your problems if cash flow management is your problem.
Fit Small Business
JANUARY 20, 2025
Marketing automation is the use of software to set up routines to automatically create, deliver, and measure the results of repetitive marketing tasks. It allows businesses to manage their marketing more efficiently across multiple channels, such as email, social media, websites, and ads. For example, you can use marketing automation to automatically send a welcome.
Speaker: Sierre Lindgren
Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.
Compleatable
JANUARY 17, 2025
Lets face it running a school is a juggling act. Between managing budgets, approving invoices, and ensuring everything runs smoothly, it can sometimes feel like there just arent enough hours in the day. Thats why automation is no longer a luxury its a necessity. Whether youre part of a single school or a multi-academy trust, automating processes like purchasing and accounts payable (AP) can save time, reduce stress, and free up your team to focus on what really matters: supporting students and t
oAppsNet
JANUARY 14, 2025
The W-9 form, officially titled Request for Taxpayer Identification Number and Certification, is crucial for tax compliance and business transactions in the United States. Whether youre a freelancer, contractor, or business owner, understanding its purpose and importance is essential to your financial operations. This guide will walk you through the details of the form, its significance, and best practices for managing it.
Accounting Today
JANUARY 14, 2025
Experts weigh in on the seesawing judicial fate of the Corporate Transparency Act and its beneficial ownership information reporting mandate.
Counto
JANUARY 21, 2025
Accounting Firms vs. Individual Accountants: Which Is Right for Your Small Business? As a small business owner in Singapore, managing your finances can be one of your most challenging tasks. Choosing the right accounting support is essential for ensuring smooth operations and long-term growth. While an individual accountant may seem like the personal, affordable option, an accounting firm can provide a broader, more reliable solution thats better suited to supporting your business as it scales.
Speaker: Debra L. Robinson
CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.
Insightful Accountant
JANUARY 20, 2025
The current landscape presents a prime opportunity for launching your own tax practice, with retiring baby boomer CPAs creating market gaps and technology reducing startup costs.
Compleatable
JANUARY 16, 2025
In the fast-paced world of small business, time is money. And yet, many small to medium-sized businesses (SMBs) continue to waste valuable time on manual processes that hinder growth, drain resources, and stunt overall productivity. One of the biggest culprits? Manual invoice processing (AP). You may not realise it, but the outdated practice of manually entering, managing, and paying invoices could be the silent killer of your businesss growth.
Blake Oliver
JANUARY 16, 2025
Why are accounting firms afraid to ask clients what they really think? A report from Inside Public Accounting says that only 27% of firms measure Net Promoter Score (NPS). It also says that our profession's average score is 39% - putting us closer to Fios by Verizon (32%) than Costco (79%). A good NPS score is 50% or higher. However, firms that DO measure NPS consistently score above 70%.
Accounting Today
JANUARY 14, 2025
The Public Company Accounting Oversight Board found specific deficiencies in the testing of internal controls and accounting estimates, and in engagement quality reviews.
Speaker: Aaron Berson
Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g
Counto
JANUARY 15, 2025
Building Stronger Supplier Relationships Through Timely Payments For small businesses in Singapore, strong supplier relationships are essential. Suppliers provide the goods and services that allow your business to operate smoothly. One of the simplest yet most effective ways to nurture these relationships is by ensuring t imely payments. A well-organised billpay service can streamline your payment processes, helping you meet deadlines and maintain trust.
Ace Cloud Hosting
JANUARY 21, 2025
In today’s fast-paced business world, flexibility and accessibility are key to maintaining productivity and efficiency.
Fit Small Business
JANUARY 20, 2025
Peer-to-peer lending, or P2P lending for short, is a way for borrowers to get loans from other individuals, rather than a bank or other traditional lending institution. Its often used by borrowers who either are unable to qualify for a traditional bank loan or cannot secure the type of financing theyre looking for. Due to. The post Peer-to-Peer Lending: How It Works & Its Benefits appeared first on Fit Small Business.
Blake Oliver
JANUARY 14, 2025
Why is JPMorgan calling all employees back to the office five days a week? Here's what they aren't telling employees: JPMorgan has loaned $174 billion to commercial real estate (CRE). That's ~13% of total loans. Meanwhile, the office sector has record-high vacancy rates. Rising interest rates have pushed CRE values down by 24% from their 2022 peaks.
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Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.
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