Fri.Nov 08, 2024

article thumbnail

Taxpayer Advocate criticizes IRS move to shorten third-party notice requirements

Accounting Today

National Taxpayer Advocate Erin Collins is objecting to proposed regulations that would enable the IRS to shorten its notice requirements from 45 days to as little as 10 days.

Tax 283
article thumbnail

A Strategic Guide to Boosting Business Efficiency with AP Automation

Compleatable

In today’s competitive world, businesses are constantly looking for ways to improve how they work, and accounts payable (AP) automation is a real game-changer. By automating the time-consuming process of handling invoices, payments, and procurement workflows, organisations can save time, cut costs, and gain clear insights into their financial operations.

AP 100
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Keeping an eye on DEI

Accounting Today

As the conversation around diversity, equity and inclusion evolves, firms find themselves in a complex dance where the music occasionally skips a beat.

298
298
article thumbnail

Managing Client Expectations for Rate Changes in the New Year

Enterprise Recovery

As the new year approaches, businesses often must adjust their rates. These changes could be driven by factors such as inflation, increased operational costs, or the need to invest in new technologies and services. For B2B companies and SaaS providers, staying competitive and maintaining high service standards often require periodic rate evaluations.

83
article thumbnail

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

article thumbnail

Tech news: Sikich rolls out AI studio

Accounting Today

Plus, Thomson Reuters integrates AI CoCounsel with tax solutions; Sovos introduces 1099 Professional solution; and other accounting tech updates.

Tax 289
article thumbnail

Automated AP Drives Higher Job Satisfaction

AvidXchange

Are accounts payable (AP) professionals happy at work? That’s the question AvidXchange and the Institute of Finance & Management (IOFM) set out to answer in our 2024 Accounts Payable Career Satisfaction Survey. The survey, summarized in the 2024 Accounts Payable Career Satisfaction Report , found that access to technology like automation tools enhances career satisfaction for AP staff.

AP 59

More Trending

article thumbnail

Were the Owl and the Pussycat involved in tax avoidance?

Accounting Fun

A simple analysis suggests that this Edward Lear poem is all about tax avoidance. T he Owl and the Pussy-cat went to sea [going offshore obviously] In a beautiful pea green boat, They took some honey, and plenty of money, [evidently cash] Wrapped up in a five pound note. [money laundering perhaps?] Pussy said to the Owl, 'You elegant fowl! How charmingly sweet you sing!

Tax 52
article thumbnail

PCAOB revokes Chinese firm's registration

Accounting Today

The Public Company Accounting Oversight Board settled a disciplinary order sanctioning JTC Fair Song CPA Firm for repeatedly violating rules and failing to cooperate with the investigation.

CPA 124
article thumbnail

Thanksgiving Spending Trends: What to Know for 2024

Fit Small Business

The Thanksgiving holiday weekend, beginning on Thanksgiving Day and ending on Cyber Monday the following week, is one of the busiest times of the year for retailers. Last year, it was the biggest yet, with an estimated 200.4 million people shopping in-store and online. While Black Friday and Cyber Monday (BFCM) take the largest share. The post Thanksgiving Spending Trends: What to Know for 2024 appeared first on Fit Small Business.

52
article thumbnail

Report calls for fair value accounting on federal loans

Accounting Today

The National Taxpayers Union Foundation issued a report saying that federal credit programs are costing taxpayers tens of billions of dollars more than stated because the federal government isn't using fair value accounting.

article thumbnail

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.

article thumbnail

13 Best Accounts Receivable and Accounts Payable Software

Invoicera

Effective management of cash resources is one of the most critical success factors in any organization. For many companies, managing accounts receivable (AR) and accounts payable (AP) is a constant challenge, with delayed payments, manual errors, and lack of real-time visibility causing significant disruptions. A study by Atradius revealed that 48% of B2B invoices in the U.S. are paid late, impacting the financial health of businesses.

article thumbnail

Let us honor Veterans Day and our Veterans

Insightful Accountant

Insightful Accountant would like to say "Thank You" to all who have honorably served our country in times of war and peace.

article thumbnail

The 10 Best Accounting Software Solutions for Healthcare

Tipalti

Explore top healthcare accounting software solutions that streamline financial management, enhance accuracy, and improve efficiency for healthcare organizations.

article thumbnail

Sasan Apologizes to Accountants at Intuit Connect

Cloud Accounting Podcast

Blake and David examine Sasan Goodarzi's apology and lukewarm reception regarding the recent controversial TurboTax ad campaign. They also take a look at Intuit's new Enterprise Suite product, which aims to compete with NetSuite and Sage Intacct by offering multi-entity accounting capabilities at a lower price point. Moving on, there's talk of Anthropic's new Claude computing capability, EY's resignation as Super Micro Computer's auditor, and Google's declining search market share in the face of

article thumbnail

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.

article thumbnail

Best Practices for Implementing Service Provider Management

Tipalti

Explore strategies for managing service providers to help optimize your daily business processes. Improve efficiency and strengthen provider relationships.

article thumbnail

Trump plans to dismantle Biden's climate law. It won't be easy

Accounting Today

Although no Republicans voted for the measure two years ago, some of its incentives, such as tax credits for producing hydrogen and capturing carbon dioxide, are very popular with oil companies and other core GOP constituencies.

Tax 130
article thumbnail

Healthcare ERP

Tipalti

Discover leading healthcare ERP software solutions designed to streamline operations and improve patient care through effective resource management.

article thumbnail

The Language Group

Tipalti

When Lenus upgraded to Tipalti’s accounts payable and global payments solution, the team found that manual tasks almost completely disappeared.

article thumbnail

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.

article thumbnail

Royalty Rate Explained: How to Determine Your Royalties

Tipalti

Learn how to calculate royalties and understand the factors that determine royalty percentages to ensure fair and accurate royalty agreements.

40