Tue.Jan 14, 2025

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FTC mandates changes at H&R Block

Accounting Today

A Federal Trade Commission order requires the tax prep giant to make it easier for customers to use cheaper options.

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4 Reasons to Make an Intuit Sales Career Your New Year’s Resolution

Intuit

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!

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The best and worst states for unemployment insurance taxes

Accounting Today

Every state levies unemployment insurance taxes, but rates vary depending upon such factors as the health of the state's UI trust fund.

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Examples of fixed assets

Accounting Tools

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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Fall In Love With the Month-End Close

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.

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Xero announces new tagline, "Your business supercharged"

Accounting Today

Xero announced it now has a new tagline: "Your business supercharged.

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Understanding W-9 Forms: A Comprehensive Guide

oAppsNet

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.

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Why JPMorgan is calling employees back to the office 5 days a week

Blake Oliver

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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PCAOB fines Baker Tilly $500K over quality control

Accounting Today

The Public Company Accounting Oversight Board found specific deficiencies in the testing of internal controls and accounting estimates, and in engagement quality reviews.

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Say Hello to the Upgraded Counto BillPay 

Counto

Say Hello to the Upgraded Counto BillPay Enterprise-grade spend management, now even smarter Let’s cut to the chase: managing business expenses shouldn’t eat up your day. That’s why we’ve supercharged Counto BillPay with features that make spend management feel less like a chore and more like magic. What’s New (and Awesome) Approvals That Actually Flow Multi-level approvals that match how your team really works Clear audit trails (because sometimes you need to know

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IRS works to deter tax season scams

Accounting Today

The Internal Revenue Service is making some changes this tax season in an effort to combat tax scams in areas like the Fuel Tax Credit.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

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.

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When I Met "The Magician" – America's Biggest Individual Tax Fraudster

Blake Oliver

I once met a tax fraudster at a conference. (I had no idea then.) It turns out he was behind one of the biggest individual tax fraud schemes in U.S. history$145 million! On The Accounting Podcast click here to listen to the segment I shared my experience meeting Rafael Alvarez, nicknamed "The Magician" by clients who watched their tax liabilities disappear at his Bronx-based company, ATAX.

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Franchise model offers alternative to partnership route

Accounting Today

More firms are creating alternative paths for employees who want to excel, but who don't want to "sell their soul to the firm" in order to make partner.

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IRS, CASST Announce 2025 Filing Season Changes Aimed at Preventing Spread of Scams

Insightful Accountant

The Internal Revenue Service and partners in the Coalition of Scam and Scheme Threats (CASST) today released changes for the 2025 filing season designed to help protect taxpayers from becoming victims of a scam or scheme.

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In the blogs: Buzzing sounds

Accounting Today

Flat tax; doubts about 'automatic' IRS calculations; when to shred; and other highlights from our favorite tax bloggers.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

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.

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Today's QB Talks: ProAdvisor Training Opportunities

Insightful Accountant

Murph and guest co-host Kim Noh will discuss ProAdvisor, Accountant, Bookkeeper and Tax Preparer training opportunities at TODAY's QB Talks.

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The Supreme Court takes on CTA, BOI

Accounting Today

Experts weigh in on the seesawing judicial fate of the Corporate Transparency Act and its beneficial ownership information reporting mandate.

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Intuit QuickBooks Desktop ACH Payment Rate Changes

Insightful Accountant

Intuit will be changing the rates of QuickBooks Desktop ACH Payments effective February 13, 2025.

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M&A roundup: KSM and KDG expand

Accounting Today

Noble Consulting Services, a subsidiary of Katz, Sapper & Miller, has added Rector & Associates; and Kyle David Group acquired Kennedy & Associates.

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Cash Flow Secrets Every Upskilled CPA Should Know

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.

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Intuit Releases Intuit QuickBooks SMB Index Annual Report

Insightful Accountant

Intuit has released their QuickBooks Small Business Index Annual Report.

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Springline Advisory invests in Fiske Advisory

Accounting Today

Springline Advisory, a financial and business advisory firm backed by the private equity firm Trinity Hunt Partners, has partnered with Fiske Advisory LLC.

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Automate Your Workflow

Insightful Accountant

Fundamentals of No Code Automation" offered by RLB Digital. This 6-week certificate program aims to help participants streamline workflows and boost productivity using no-code solutions like Zapier.

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Insero receives PE investment from Rallyday Partners

Accounting Today

Insero Advisors LLC, a firm based in Rochester, New York, has received a strategic investment from Rallyday Partners, to accelerate the firm's growth.

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Profit in the Details: Rethinking Spend for Monumental Impact

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

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QuickBooks Enterprise vs. ERP: Which Solution Fits Your Business?

Ace Cloud Hosting

Choosing the right software to manage your business operations can be a game-changer. Whether you’re a growing small business or a large enterprise, finding the perfect solution is crucial to.

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RIAs with private funds may need to pay self-employment taxes

Accounting Today

A Tax Court ruling that limited partners in an investment manager must pay Uncle Sam could cause some restructuring across the industry, an expert said.

Tax 130
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Top 10 Best Bookkeeping Software

Black Ink Tax & Accounting

Table of Contents Top 10 Best Bookkeeping Software: Top Accounting Software in 2025 Bookkeeping is an important aspect of any […] The post Top 10 Best Bookkeeping Software appeared first on bitaccounting.

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Insight Software buys cloud reporting platform

Accounting Today

insightsoftware [sic] announced it has acquired cloud reporting platform JustPerform.

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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

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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EIN number vs SSN

Black Ink Tax & Accounting

Table of Contents EIN number vs SSN, ITIN: A Business Owner’s Guide to Taxpayer Identification Numbers When linking tax duties […] The post EIN number vs SSN appeared first on bitaccounting.

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Trump floats 'External Revenue Service' for tariffs

Accounting Today

The post on Truth Social is the latest indication that the president-elect aims to carry out his promises for sweeping trade levies when he retakes office.

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What Is Human Resource Outsourcing (HRO)? Types & When to Consider

Fit Small Business

Human Resource Outsourcing (HRO): Definition and Types Human resource outsourcing (HRO) is the act of hiring a third-party provider to handle your human resources administrative tasks and functions. These can include HR administration, benefits management, payroll processing, recruitment, and more. Some common types of outsourcing that fall under the main umbrella of HRO include: Professional.

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