Wed.Feb 21, 2024

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The 20 best states for doing business

Accounting Today

While property and unemployment insurance taxes are universal in every state, many of the best states for doing business do not have corporate, sales or individual income taxes.

Tax 344
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Unlocking Business Insights with QuickBooks Dashboards

Accounting Department

In the modern business landscape, data is power. For business owners, entrepreneurs, and CEOs, QuickBooks stands as a beacon, illuminating the path with insightful dashboards that transform raw financial data into strategic insights. The mere mention of 'dashboard' may conjure images of speedometers and gauges, which is apt considering QuickBooks dashboards are designed to keep your finger on the pulse of your business functions.

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IRS accelerates audits of business jet usage

Accounting Today

The Internal Revenue Service will be scrutinizing the use of corporate jets for personal travel more closely, focusing on big corporations and partnerships, as well as high-income taxpayers.

Auditing 325
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Major Changes to SALT Taxes

Insightful Accountant

Practitioners often overlook SALT law changes unless specialized, but clients expect awareness. State nexus laws are crucial in tax advisory. Even without sales tax services, SALT law changes can signal nexus impacts.

Tax 105
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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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Senate probes $40B tax shelter in private placement life insurance

Accounting Today

The report casts a skeptical eye on the PPLI industry, claiming it functions as a tax shelter for a few thousand millionaires and billionaires.

Tax 305
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How to Become a Cloud Bookkeeper

LedgerDocs

The future of business is online, so it is no surprise that so many bookkeepers are beginning to embrace cloud technology to allow them to work online. Becoming a cloud bookkeeper is simpler than you think. Here’s a quick guide to get you started. Choose a Cloud-Based Platform: An important step in moving your operations online is familiarizing yourself with platforms like QuickBooks Online , LedgerDocs , or Xero.

More Trending

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Beyond the Bottom Line: Dignity, Respect & Netback

RevCycle

Healthcare collections often carry a negative connotation, conjuring images of aggressive tactics and strained relationships. But what if it didn’t have to be that way? At RevCycle, we believe that dignity, respect, and patient understanding are not just ethical imperatives, but also key drivers of successful collections, ultimately leading to a healthier bottom line for healthcare facilities.

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Accounting errors range from weekly to monthly

Accounting Today

A recent survey of accountants shows professionals admitting to mistakes at a rate between several per week to several per month.

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The Biggest Check You Can Write to The IRS

Cloud Accounting Podcast

Blake and David break down the IRS's $99 million paper-check limit, how states use tax credits to attract movie productions (sometimes unsuccessfully) and give their take on actor Kenan Thompson losing $1.5 million to fraud as a child. They also cover couples arguing over finances, AI answering tax questions in California, accounting rules hiding commercial real estate loan losses on bank balance sheets, and the lack of action from accounting standards boards to change these rules.

CPA 60
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Streaming a movie abroad may soon come with taxes at the border

Accounting Today

The decades-old global consensus that's allowed e-commerce and a growing tidal wave of data to cross borders without tolls is at risk of falling apart.

Tax 182
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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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Ignore Your Competitors (Kinda)

Future Firm

It's important to know what your competitors are up to. But let's discuss why you should focus on your own personal growth instead. The post Ignore Your Competitors (Kinda) appeared first on Future Firm.

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Indian regulator finds $241M accounting issue at media firm

Accounting Today

The Securities and Exchange Board of India found that about 20 billion rupees may have been diverted from the entertainment company.

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How to Start Your Bookkeeping Side Business

LedgerDocs

2024 is the year of side hustles, and one of the most lucrative ventures is starting a bookkeeping business. Whether you’re a seasoned accountant who is looking for the flexibility to work for yourself or you’re seeking a new income stream. Making the leap of faith into building your own business can be stressful but our step-by-step guide can help give you the information you need to launch your bookkeeping side hustle successfully Step 1: Assess Your Skills and Qualifications Before jump

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How Main Street CPA firms can attract buyers in 2024

Accounting Today

Acquirers are very selective because so many firms are looking for a deal.

CPA 157
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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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What is Cash Reconciliation?: A Complete Guide

Nanonets

Introduction Cash reconciliation remains a critical process in today’s retail environment, despite the shift from traditional cash registers to advanced point-of-sale (POS) systems. This crucial accounting task involves verifying that the cash received from sales aligns with the transactions recorded, ensuring financial accuracy. Conducted typically at the close of a shift or business day, cash reconciliation covers not only physical currency but also checks, credit and debit card transac

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Jeff Bartsch on Becoming Thought Leaders

Insightful Accountant

Gary and Jeff Bartsch, the Founder of Story Greenlight, share valuable insights on the significance of being a "thought leader" in the accounting industry.

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OCR, Invoice Scanning & Automated Invoice Processing Software for QuickBooks

Nanonets

QuickBooks is the accounting software of choice for millions of users , most of these being small to medium-sized enterprises. It offers a comprehensive accounting suite that promises not just to keep the books in order but to propel businesses forward with smart financial insights. Yet, the leap from traditional bookkeeping to a streamlined, automated financial ecosystem is one that many QuickBooks users are yet to fully embrace.

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Employee Expense Report 

Tipalti

Learn about the role of employee expense reports in business spend management and how to create an expense report of your own with our convenient template.

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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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Sunshower Online brings life to garden projects with NetSuite.

Insightful Accountant

SunshowerOnline, a Melbourne Australia family-owned business is using NetSuite to their customers garden projects to life.

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Ch 7: The Best Accounts Payable Software Reviews Comparison – Everything You Need to Know About AP Automation

Tipalti

Which accounts payable platforms are at the forefront of AP automation? From automated invoice processing to supplier onboarding, learn about the best AP automation solutions.

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Member Spotlight: Defining Success

NACM

Success is earned through education by providing individuals with the knowledge, skills and critical thinking abilities necessary to excel in their fields. Education opens doors to opportunities, expands perspectives and equips individuals with the tools to overcome challenges and achieve their goals. By earning a certification through NACM's six-l.

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Tipalti vs Concur

Tipalti

Tipalti and Concur eliminate manual processes in the AP, expenses, invoice processing and procurement processes. But their functionality differs in many ways–learn more.

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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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Hunter Biden says indicted FBI informant tainted tax case

Accounting Today

The president's son's lawyers filed a flurry of motions in the federal court seeking to have the tax charges dismissed.

Tax 173
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Acumatica API

Tipalti

Learn the ins and outs of Acumatica’s API landscape, how it works, and how to set up third-party ERP integrations to maximize the efficiency of your business.

40
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Automated Invoice Processing Software

Tipalti

Automate your invoice processing with the help of software designed to save you time and money. Learn how invoice automation works in this in-depth guide.