Thu.Jan 11, 2024

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IRS to begin accepting business tax returns next week

Accounting Today

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.

Tax 334
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Upgrading Your Traditional Bookkeeping with FP&A

Accounting Department

Every savvy business leader knows the value of having a well-run bookkeeping or accounting department. However, not everyone is aware of how important it is today to have a financial planning and analysis (FP&A) team to help back their business with effective and accurate financials.

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Illinois CPAs spot numerous issues with accountant retention

Accounting Today

Salary, burnout and work-life balance are among the factors affecting retention of accountants, according to a report from the Illinois CPA Society.

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The Funny 'Item' Checkbox to Make QuickBooks Items Two-Sided

Insightful Accountant

The magical 'checkbox' turns one-sided items into two-sided items allowing you to use the same item to sell and purchase, and making for proper reporting on item profitability.

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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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Congress nears deal on $70B tax break for businesses, children

Accounting Today

U.S. congressional negotiators are nearing a bipartisan deal to renew expired business tax breaks and boost the child tax credit in time for many voters to receive the benefit during the current election year.

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Making Electronic Payments with NetSuite & AP Automation

MineralTree

Embracing electronic payments is necessary for businesses seeking to enhance efficiency, reduce manual errors, and improve financial control. However, accounts payable (AP) automation can make electronic payments in ERP systems , like Netsuite, much easier. AP automation technology enables streamlined and error-free payment processing while maximizing the potential of NetSuite electronic payments and accelerating ROI.

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How Can You Independently Track Multiple Income Streams?

Invoicera

Introduction Are you trying to manage several income sources and finding it tough to keep everything in check? It’s like handling many moving parts—it can get tricky and overwhelming. Nowadays, it’s pretty common to have more than one source of income. Studies show that about 45% of working Americans are hustling on the side, and experts think this trend will keep growing.

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20 states that burden individuals the least

Accounting Today

The seven states that impose the least on residents have an individual income tax burden of 0.00%.

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Understanding the CPF Changes in Singapore from Jan 1

Counto

Understanding the CPF Changes in Singapore from 1 Jan 2024 Singapore’s Central Provident Fund (CPF) is an integral part of the nation’s social security system, designed to provide financial security for citizens during their retirement years. Recent CPF changes , announced in the Singapore Budget 2023, will have a significant impact on both employees and employers.

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Harvard, MIT tax status probed by Congress over antisemitism

Accounting Today

The failure of the leaders of the Ivy League universities to condemn antisemitism could affect their tax-exempt status, the chairman of the House Ways and Means Committee said.

Tax 189
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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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Murph on Intuit's Announcements at QuickBooks Connect 2023

Insightful Accountant

Join William Murphy, Sr. Technical Editor of Insightful Accountant, in this special episode of the Accounting Insiders Podcast as he shares top takeaways from QuickBooks Connect 2023!

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Secure the future by transforming your firm's business model

Accounting Today

Is a legacy firm one that follows tradition, or one that's interested in maintaining its legacy for years to come?

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Setting Up an Offshore Company in Singapore

Counto

Setting Up an Offshore Company in Singapore Are you considering setting up an offshore company in Singapore? Offshore companies, often incorporated in jurisdictions different from their principal place of operation, offer numerous advantages, including tax benefits, simplified reporting requirements, and more. In this useful guide, we’ll walk you through the process of establishing a Singapore offshore company, highlighting the key benefits and requirements.

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Tax Fraud Blotter: Good people

Accounting Today

Not so amusing; in the rough; interior designs; and other highlights of recent tax cases.

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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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Tax Practice News: Don't Screw Up Your S Corps | Webinar Archives

Insightful Accountant

Form 7203 compliance could be an easily overlooked form this tax season. Not all tax software or all preparers are aware of the form’s filing requirements or when they need to be prepared. Discover more in this webinar replay!

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Prager Metis adds Goldsmith Molis & Gray

Accounting Today

The Top 60 Firm is expanding its footprint in North Carolina.

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AI in Accounts Payable: Can a Computer Do My Job? 

AvidXchange

If you’re worried that artificial intelligence (AI) may make your job obsolete, you’re not alone. A recent Forbes Advisor survey found that 77% of consumers are concerned that AI will cause human job loss in the near term. Experts have identified many use cases for AI in accounts payable (AP) and other finance and accounting functions, noting that the technology is particularly well-suited to these data-centric departments.

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How to Change Your Payroll Provider 

Counto

How to Change Your Payroll Provider End of the pay cycle often brings stress to business owners, who are tasked with running accurate payroll. Despite spending hours on payroll processing, many still encounter errors. That’s why many businesses opt for professional payroll services in Singapore. In this guide, we’ll explore the reasons to switch payroll solutions, what to expect from them, the associated costs, and a comprehensive checklist to ensure a seamless transition.

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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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Tax Practice News - New IRS WISP Requirements | Webinar Archives

Insightful Accountant

A WISP (Written Information Security Plan) is required for tax and accounting professionals. Lucky for you, Christine Gervais did a webinar on this topic a few months ago and we’re bringing it back around for your viewing.

Tax 52
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Singapore Employment Pass: Get to Know the New Requirements in 2024

Counto

Singapore Employment Pass: Get to Know the New Requirements in 2024 The Employment Pass (EP) in Singapore is not just a work visa; it’s a gateway to personal and professional growth in one of Asia’s most dynamic business hubs. However, recent changes in regulations have significantly impacted access to the EP and its salary requirements.

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Creating a Future-Focused Secure Firm | Webinar Archives

Insightful Accountant

Accountants can enhance their firm's security without being IT specialists. By creating a security partnership with Swizznet, they can share resources and expertise to protect against cyber threats and data breaches during tax season wrap-up.

Tax 52
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Guide to Filing Financial Statements for Business Owners in Singapore

Counto

Guide to Filing Financial Statements for Business Owners in Singapore Filing financial statements is a crucial annual requirement for businesses in Singapore. The Accounting and Corporate Regulatory Authority ( ACRA ) mandates this process to ensure transparency, accountability, and compliance with the Singapore Financial Reporting Standards (SFRS).

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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

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The Outsourcing Advantage for Accounting Firms: BUILD, SCALE and THRIVE | Webinar Archives

Insightful Accountant

Overcome growth and profitability challenges with outsourced accounting Pacific Accounting and Business Services invites you to a power packed Webinar: The Outsourcing Advantage for Accounting Firms: BUILD, SCALE and THRIVE.

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A Quick Guide to Payroll for New Businesses in Singapore

Counto

A Quick Guide to Payroll for New Businesses in Singapore Introduction: Navigating Singapore’s intricate payroll regulations can be a daunting task, especially for small and medium-sized enterprises (SMEs) that make up the majority of the country’s businesses. The consequences of payroll errors can be severe, making it essential for employers to understand and comply with the regulations.

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How GruntWorx Can Save You Time & Money | Webinar Archives

Insightful Accountant

GruntWorx offers web-based products that automate tax document organization, data entry, and review. Their tax automation technology eliminates manual conversion of paper documents to digital files, streamlining data entry and file organization.

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Enhanced Accounting Workflows: A Comprehensive Look at QuickBooks API Integration

Nanonets

Introduction For decades, accountants have relied on various software tools, with classics like Excel playing a role in accounting operations. However, in today's competitive business environment, simplistic solutions fall short of scalability and efficiency.  The imperative solution is the automation of the entire accounting workflow.   As part of the broader area of process automation, accounting workflow automation tools like QuickBooks are gaining traction among companies and

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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

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Lisa McCarthy on Mastering Advisory Services and Cloud Migration Strategies

Insightful Accountant

Gary DeHart and Lisa McCarthy discuss the opportunities available to firms for growing an advisory services practice and how they are positioned to fill the role of advisor.

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Leveraging the Power of ShipStation API and Its Business Integrations

Nanonets

What is ShipStation?  ShipStation is a web-based shipping platform designed to streamline small parcel shipping and e-commerce fulfillment for businesses. This Software-as-a-Service (SaaS) solution boasts a comprehensive set of features that simplify the entire shipping process.   ShipStation integrates seamlessly with over 70 sales channels to provide businesses with a centralized dashboard for efficient order handling.

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Ben Richmond on the Impact of Cash Flow on Small Businesses

Insightful Accountant

Gary sits down with Ben Richmond, Country Manager, US at Xero, to delve into the recent report on the profound impact of cash flow on small businesses.

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How Can Your Business Benefit from Automated Vendor Reconciliation?

oAppsNet

In the contemporary business realm, where efficiency is a prized asset, few areas hold as much promise for transformation as the vendor reconciliation process. This pivotal financial practice ensures the seamless alignment of a company’s records with those provided by its vendors. This article delves into the multifaceted advantages businesses can reap by adopting automated vendor reconciliation.

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Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.