Mon.Oct 30, 2023

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20 states that burden taxpayers the most

Accounting Today

The worst five states have an average total tax burden of 11.21%.

Tax 334
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December 2023 QB Desktop Payroll Price Increase

Insightful Accountant

While many changes won't take effect until the next renewal date(s), price changes are coming to QuickBooks Desktop Payroll and Payments this December.

Payroll 105
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IRS extends e-signature and encrypted email options

Accounting Today

The Internal Revenue Service is extending two of its pandemic-related options for taxpayers and tax professionals.

Tax 331
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4 Very Common Bookkeeping Mistakes and How LedgerDocs Can Save the Day

LedgerDocs

Bookkeeping is not for the faint of heart. There seem to be so many ways to mess up your financial records without knowing it. But don’t worry, a lot of these mistakes are common, and, most importantly, they are correctable if they are caught early enough. In this blog post, we will explore four common bookkeeping mistakes and, more importantly, how LedgerDocs can be your savior, helping you to avoid or fix these pitfalls.

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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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CLA makes plans for expansion abroad amid AI push

Accounting Today

CliftonLarsonAllen has been building its international network since starting it last year in the U.K. and Ireland, with further expansion plans to other parts of the world as it begins to roll out artificial intelligence technology that it's calling CLA GPT.

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4 Very Common Bookkeeping Mistakes and How LedgerDocs Can Save the Da

LedgerDocs

Bookkeeping is not for the faint of heart. There seem to be so many ways to mess up your financial records without knowing it. But don’t worry, a lot of these mistakes are common, and, most importantly, they are correctable if they are caught early enough. In this blog post, we will explore four common bookkeeping mistakes and, more importantly, how LedgerDocs can be your savior, helping you to avoid or fix these pitfalls.

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The Next Era of Healthcare Revenue Cycle Management: Why Experience and Expertise Matter More Than Ever

SSI Healthcare Rev Cycle Solutions

The Next Era of Healthcare Revenue Cycle Mananagement: Why Experience and Expertise Matter More Than Ever Home / October 30, 2023 In an industry characterized by tightening margins, workforce reduction, and the omnipresent rise in medical claim denials, hospitals and health systems find themselves grappling with an age-old question: How do you do more with less?

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Art of Accounting: Handling 'dead' accounts receivable

Accounting Today

Any business that lets past due accounts receivable accumulate is not being managed well.

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Key Advantages of Autonomous Finance in A/R Collections

Gaviti

The role of the CFO is changing as the financial industry undergoes a rapid transformation. By 2025, Gartner predicts that more than 80% of new job opportunities in finance will be in roles other than traditional accounting and financial planning and analysis (FP&A). With the assistance of autonomous technology, companies that want to be prepared for the future are welcoming this as a new opportunity for their financial departments to promote greater efficiency and an enhanced customer exper

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What private equity means for accountants

Accounting Today

PE investment in accounting is potentially big business. Here's some of the views from key players in the ecosystem.

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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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Joshua Lance, CPA: A Humble, Thoughtful Leader

Cloud Accounting Podcast

Today, we are honoring the life of Joshua Lance, CPA, founder of Lance CPA Group, who passed away in October at the age of 40 after a battle with cancer. To commemorate Josh's life, we are playing a eulogy delivered by Kenji Kuramoto at Josh's memorial service this past weekend. Kenji represented the many voices in the accounting profession that Josh was a part of.

CPA 73
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IIA charts a course for internal audit's future with Vision 2035

Accounting Today

The outcomes of this project will provide a clear-eyed vision of how we move the profession forward and collectively elevate the value of internal audit in the years ahead.

Auditing 167
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FinOps – Financial Operations vs Cloud FinOps

Economize

In the current landscape of cloud services, similar terminology still baffles professionals, and is used interchangeably. CFOs, CTOs, and cloud experts often mix up Financial Operations (FinOps) and Cloud FinOps, among other terms. This confusion hinders clear communication, and consequently, cost management efforts.

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The Next Era of Healthcare Revenue Cycle Management: Why Experience and Expertise Matter More Than Ever

SSI Healthcare Rev Cycle Solutions

The Next Era of Healthcare Revenue Cycle Management: Why Experience and Expertise Matter More Than Ever Home / October 30, 2023 In an industry characterized by tightening margins, workforce reduction, and the omnipresent rise in medical claim denials, hospitals and health systems find themselves grappling with an age-old question: How do you do more with less?

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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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How Much Does a Bookkeeper Cost for a Small Business?

CSI Accounting & Payroll

When you own a small business, you typically start off either handling your own bookkeeping or assigning some bookkeeping tasks to an administrative employee. However, as you grow, you may want to consider having someone else solely handle your bookkeeping. With you focusing on running and growing your business and your administrative employee focusing on administrative tasks, this means you might either hire an in-house bookkeeper or outsource a bookkeeping service.

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Influencer Index

Tipalti

Our experts at Tipalti have researched the top influencers and niches of 2023, looking at their follower counts and estimated earnings, their niches and where they are based.

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A Simple Accounting Client Onboarding Checklist (Free Template)

Jetpack Workflow

You did it. Your marketing effort and fabulous sales pitch landed you a brand-new client. And you might think this is the most significant moment in the client relationship. However, it’s the onboarding phase that determines the difference between long-term success and an increased client churn rate. The onboarding stage is vital for retaining new clients.

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How Automation Lets This 2-Person Team Run Media Company Finances with NetSuite

Blake Oliver

I recently had the pleasure of interviewing Jason Balk, CFO of Media Place Partners, on my podcast , recorded live at SuiteWorld. Jason took an unexpected path to become the CFO of a media company, starting his career managing accounts receivable for an ISP in the early days of the Internet. In our conversation, Jason shared insights into how he leverages technology to grow his career and run an efficient finance team.

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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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Prepare for Tax Season with These Six Client Retention Tips

Insightful Accountant

To ensure continued success during this tax season and beyond, accounting firms need a clear strategy for client retention. Here are some tips and tricks to keep your clients happy and your firm moving in the right direction.

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What's holding the profession back?

Accounting Today

AJ Johnson, Geoff Brown and Calvin Harris share their unique perspectives as African-Americans who lead three of the biggest state CPA societies.

CPA 255
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Top Timekeeping Apps Used by Accountants in 2023

Insightful Accountant

In the fast-paced world of accounting, efficiency is key. With a plethora of apps available, it can be challenging to determine which ones will truly streamline your client's workflow. We've done the legwork for you.

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House Republicans propose to rescind IRS funding for Israel aid

Accounting Today

Johnson's plan pays for Israel aid by cutting President Joe Biden's signature Inflation Reduction Act, calling for a $14.3 billion reduction in funding for the IRS.

Tax 304
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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