Thu.Feb 08, 2024

article thumbnail

IRS warns tax pros about new EFIN scam

Accounting Today

The Internal Revenue Service issued a warning about a new scam email this tax season pretending to come from tax software providers asking for the preparer's Electronic Filing Identification Number.

Tax 334
article thumbnail

Have You Outgrown QuickBooks? | Webinar Presented by goVirtualOffice and AccountingDepartment.com

Accounting Department

Have you or your clients outgrown Quickbooks or a related solution? Need to streamline the process of handling operations? Stuck in an old system that is slowing down growth? Then this session is for you. Join Jennie Hoffman of AccountingDepartment.com and Chrissy Allard of goVirtualOffice as they take you through the signs that you have outgrown your current systems and tell the stories of businesses that have harnessed the power of an ERP.

professionals

Sign Up for our Newsletter

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

article thumbnail

Tax Fraud Blotter: Let it snow

Accounting Today

The Lady in fed; an education in fraud; dependent-happy; and other highlights of recent tax cases.

Tax 298
article thumbnail

We're Teaming up with MSDW and ERPSWB - AP Tools Showcase

Fidesic blog

Thanks to the teams at Microsoft Dynamics World and ERPSoftwareBlog , two of the biggest and best content producers for the Dynamics Channel, we are going to be featured in an upcoming Accounts Payable Automation Comparison Showcase.

AP 130
article thumbnail

Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

article thumbnail

M&A roundup: CBIZ grows in Colorado, and more

Accounting Today

CBIZ acquires Erickson, Brown & Kloster; Bowers merges in Kasperski Dinan & Rink; Hiline acquires Calculate; and Kruggel Lawton plans to add Cole Gavlas.

250
250
article thumbnail

Fidesic Launches New Product Suite Model for Dynamics ERP Accounts Payable

Fidesic blog

Fidesic is simplifying how accounting pros solve their specific AP pain points with à la carte accounts payable solutions for Microsoft Dynamics GP or D365 Business Central.

More Trending

article thumbnail

QuickBooks Hosting FAQs: Answers to Your Burning Questions 

Ace Cloud Hosting

Hosting QuickBooks Desktop Software can empower businesses with the flexibility of remote access, added security, and scalability. However, not everyone can understand the insights into QuickBooks Hosting and how they.

article thumbnail

QuickBooks update splits 1099 cost with clients

Accounting Today

Intuit QuickBooks has introduced split billing for 1099s, which allows e-filing costs for 1099s to be split between accountants and their clients.

article thumbnail

Have You Seen the Tax Tab in QuickBooks Online?

Insightful Accountant

Starting this month, the Tax Tab in QuickBooks Online customer files, including your own subscription clients, is asking about their 'tax preparation' method.

article thumbnail

Introducing tax automation and advisory solutions in your firm

Accounting Today

Firms can capitalize on AI to increase tax revenue growth.

Tax 239
article thumbnail

The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

article thumbnail

IRS updates FAQs for Form 1099-K

Insightful Accountant

In an effort to provide more resources for taxpayers during this filing season, the Internal Revenue Service today revised frequently asked questions (FAQs) for Form 1099-K, Payment Card and Third Party Network Transactions in Fact Sheet.

104
104
article thumbnail

Baker Tilly sees global revenue climb 11%

Accounting Today

Revenue reached $5.2 billion for the fiscal year ended Dec. 31, 2023.

article thumbnail

Meet 2023 CAS/BPO ProAdvisor Award Winner : Jessica Fox

Insightful Accountant

We sat down with Jessica to get her thoughts on being the 2023 CAS/BPO ProAdvisor Award Winner, her journey, her path to success, and how she delivers 5-star service to her clients.

98
article thumbnail

Weather victims in W. Virginia get federal tax relief

Accounting Today

The IRS is pushing back tax filing and payment deadlines for those affected by storms, landslides and mudslides last August.

Tax 200
article thumbnail

2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

article thumbnail

Why Singapore is the Preferred Choice for Foreign Companies and Entrepreneurs

Counto

Why Singapore is the Preferred Choice for Foreign Companies and Entrepreneurs Singapore has long been a magnet for foreign companies and entrepreneurs seeking growth opportunities in Asia. Renowned for its strategic location, business-friendly policies, and robust legal and tax frameworks, Singapore continues to attract ventures of all sizes. Let’s explore why this dynamic city-state is the top choice for businesses looking to establish a foothold in the region.

article thumbnail

IRS Direct File progresses through internal testing

Accounting Today

The Internal Revenue Service's Direct File free tax system has passed a key hurdle in the pilot test, passing muster with a dozen IRS employees successfully filing returns in as many states.

Tax 195
article thumbnail

The 9 Best Accountant Soft Skills to Master

Future Firm

Accountant soft skills are an often overlooked component of building a successful firm and career. Learn where to start in this article. The post The 9 Best Accountant Soft Skills to Master appeared first on Future Firm.

article thumbnail

Hedge funds to share more on their strategies under SEC rule

Accounting Today

New rules will require firms to provide more details with watchdogs, including investments, borrowing and counterparty exposure.

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

Cash voucher definition

Accounting Tools

What is a Cash Voucher? A cash voucher is a standard form used to document a petty cash payment. When someone wants to withdraw cash from the petty cash fund, that person fills out the cash voucher to indicate the reason for the withdrawal, and receives cash from the petty cash custodian in exchange. If the person requesting cash is doing so because he or she wants reimbursement for an expense they already paid for from their own funds, then they should also staple the relevant receipt from the

article thumbnail

Ransomware payments soared in 2023

Accounting Today

People shelled out over $1 billion in ransomware payments last year.

145
145
article thumbnail

Solving Accounts Payable Pain Points with MakersHub

Earmark Accounting Podcast

Phong Ngo and Charle Howe join Blake to discuss how their accounts payable automation software is helping small and mid-sized manufacturers, construction companies, and other businesses capture detailed invoice data to enable precise job costing and reporting without expensive ERP implementations. Learn how starting with solving the accounts payable data entry pain point allows them to streamline workflows while accounting firms and their clients gain efficiency.

article thumbnail

South Korean prosecutors appeal against acquittal of Samsung's Lee

Accounting Today

A Seoul court cleared Samsung Electronics Executive Chairman Jay Y. Lee of all charges including stock-price manipulation and accounting fraud.

article thumbnail

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

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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

Setup Google App Engine Latency Monitoring and Alerting

Economize

Google App Engine (GAE) Uses Google App Engine (GAE) is a fully managed, serverless environment allows developers to focus on coding rather than the underlying infrastructure, making it an attractive option for a wide array of projects. GAE supports popular languages such as Python, Java, and Node.

59
article thumbnail

Boost Your Business's Cash Flow with Accounts Receivable

Enterprise Recovery

Accounts receivable is an essential aspect of any business's financial management. It refers to outstanding payments owed to your company for goods or services provided on credit or with an agreement that payment is owed. By allowing your business clients to defer payment, your company can attract more clients and increase sales. Managing A/R effectively , however, is crucial to maintain a healthy cash flow.

article thumbnail

Cash Application FAQs

oAppsNet

As organizations seek to optimize their financial workflows, questions often arise regarding the intricacies and benefits of cash applications. This article aims to demystify cash applications by addressing frequently asked questions (FAQs) and clarifying their functionality, challenges, and strategic importance within the broader financial landscape. 1.

article thumbnail

How to copy and paste from a PDF

Nanonets

Copying from PDFs can be a challenging task. When pasting the copied text or data, often the formatting must be fixed, with spacing, alignment, and special characters all over the place. Cleaning it up can take ages. Extracting content from PDF files can be a hassle, but with the right tools and techniques, it can be done with ease. This comprehensive guide will walk you through different methods to copy various types of content from PDF files, making the extraction process faster and more effic

XERO 52
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

A Comprehensive Guide to Choosing the Right FinOps Tools in 2024

finout

Table of Contents What Are Cloud FinOps Tools? Cloud Cost Management Versus FinOps Key Functions and Features Choosing a FinOps Tool Thats Right For Your Business 5 FinOps Tools to Consider in 2024 In January 2022, Troy Hunt, the owner of the popular data breach-reporting service “Have I Been Pwned”, received a bill from Microsoft Azure racking up $11,000 in unexpected costs.

FinOps 52
article thumbnail

The In-Depth Guide to ERP Integrations

Nanonets

What is an ERP and Why Do ERPs Get Integrated? An Enterprise Resource Planning (ERP) system is a platform that acts as the centralized hub of your business’s data. It captures new sales, tracks inventory, and monitors financial transactions, and provides key data to decision-makers in most functions. When ERPs first started becoming popular in the 1960s, they were primarily used by manufacturing and warehouse teams to manage inventory.

AP 52
article thumbnail

Mark Your Calendar: 2024 Tax Deadlines for Singapore Businesses

Counto

Mark Your Calendar: 2024 Tax Deadlines for Singapore Businesses As we step into 2024, it’s good practice to mark your calendar for the year’s compliance deadlines. To avoid hefty penalties, early preparation is key. At Counto, we understand the importance of staying ahead, which is why we’ve curated a detailed roadmap of essential tax deadlines to streamline your planning process.

Tax 52
article thumbnail

The 18 Best QuickBooks Add-Ons Broken Down QB Desktop & Online

Nanonets

Launched in 1992, QuickBooks has been offering businesses a centralized solution for their accounting needs for decades. The platform has grown and changed over the years, adapting to new customer needs and providing businesses with the support they need to stay financially healthy. With the range of QuickBooks add-ons available today, your accounting cycle just got a whole lot better.

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.