Wed.Aug 28, 2024

article thumbnail

Federal tax lien notices drop significantly at IRS

Accounting Today

In 2023, 179,000 notices of federal tax lien were filed, down roughly 84% from the high in 2010 of nearly 1.1 million.

Tax 306
article thumbnail

Transforming Business Efficiency with Seamless Systems Integration

Accounting Department

In today's fast-paced business world, growing companies often find themselves accumulating multiple applications to enhance productivity. However, without proper integration, these applications can lead to siloed operations and data redundancies, ultimately hampering efficiency.

professionals

Sign Up for our Newsletter

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

article thumbnail

Microsoft's AI spreadsheet, and other tech stories you may have missed

Accounting Today

Plus Google's about-face on cookies, the gadgets you need to keep working no matter what, and seven other developments in technology this past month.

248
248
article thumbnail

FinOps Tool Vendors Adopt FOCUS

FinOps Foundation

Key Insight: In addition to all major cloud infrastructure providers, third-party FinOps tool vendors are adopting the FOCUS for their platforms. Thousands of Practitioners rely on these tools to perform FinOps in their organizations. To help Practitioners understand this landscape, the FinOps Foundation will continue to track vendor adoption, and will eventually offer an official certification signifying conformance with the Specification.

FinOps 130
article thumbnail

Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

article thumbnail

3 tax strategies for summer daycare, jobs and vacation rentals

Accounting Today

Property owners, entrepreneurs and parents can tap into savings available through credits, deductions and exemptions during the sunny season.

Tax 244
article thumbnail

App Aware: Amalgam

Insightful Accountant

Amalgam is productivity software for accounting and finance teams by reducing the time spent with manual record-keeping and data entry.

More Trending

article thumbnail

SMBs and Consumers Differ on Payment Preferences

Insightful Accountant

Xero data reveals a mismatch in payment preferences between small businesses and consumers. Nine out of ten consumers favor paying by card, while 30% of SMBs don't accept cards for payment.

XERO 95
article thumbnail

IASB to publish proposed IFRS update

Accounting Today

The document will be available for comment on the International Financial Reporting Standards website.

article thumbnail

Is Intuit Going Enterprise? In THIS Economy?

Cloud Accounting Podcast

In this episode, Blake and David dive into Intuit's strategic shift towards enterprise solutions, discussing the potential impact on the accounting industry. They also examine some recent economic trends, including the U.S. debt situation and its comparison to historical empires. They then get into audit deficiency rates reported by the PCAOB, highlighting the need for transparency and reform in the auditing profession.

article thumbnail

Intuit partners with nonprofit to fill pipeline

Accounting Today

Intuit and nonprofit Education at Work announced a pilot program to employ college students at TurboTax, helping them gain experience while earning tuition money.

article thumbnail

Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

article thumbnail

My Firm’s Worst Marketing Fails (And Lessons Learned)

Future Firm

Learn from my marketing missteps at Xen Accounting. In this episode, I share my biggest failures to help you save time, money, and effort. The post My Firm’s Worst Marketing Fails (And Lessons Learned) appeared first on Future Firm.

article thumbnail

Ernesto victims in Virgin Islands get tax relief

Accounting Today

The IRS is pushing back filing and payment deadlines for those impacted by the storm on all four islands.

Tax 189
article thumbnail

7 Ways CFO Can Improve Cash Flow Management

Analytix Finance & Accounting

Navigating financial challenges can feel like a rollercoaster ride, especially for small and medium-sized businesses. With market swings, industry shifts, and the constant push for growth, managing cash flow can be challenging. Get ready to explore seven powerful and proven ways to increase cash flow and grow your business. 1) Optimize Cash Flow Forecasting Predicting cash flow accurately is important for managing your finances well.

article thumbnail

KPMG US forms Independent Audit Quality Advisory Committee

Accounting Today

KPMG US has established an Independent Audit Quality Advisory Committee, along the lines of its fellow Big Four firms, in an effort to improve its audits amid tougher inspections and enforcement by the Public Company Accounting Oversight Board.

Auditing 182
article thumbnail

Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

article thumbnail

Vendor Contract Management

Tipalti

Discover the key elements of successful vendor contract management, including strategies and tools to optimize vendor relationships and drive business success.

45
article thumbnail

Internal audit faces a critical decade ahead

Accounting Today

The IIA Internal Audit Foundation's newly released Vision 2035 project sheds light on the challenges over the next decade.

Auditing 150
article thumbnail

IRS Unveils Draft Form 1099-DA for 2025 Transactions

Insightful Accountant

The Internal Revenue Service (IRS) has released a draft of Form 1099-DA, "Digital Asset Proceeds From Broker Transactions," signaling a significant shift in the reporting requirements for digital asset transactions.

40
article thumbnail

What is a PO System

Tipalti

Ready to optimize your purchase order system? Learn what a PO system is, how it works, and tips for mastering its use to streamline your procurement process.

article thumbnail

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.

article thumbnail

Odoo Alternatives

Tipalti

Discover the best CRM systems that serve as great alternatives to Odoo, offering powerful automation features and flexibility for your business needs.

article thumbnail

Finance and Procurement

Tipalti

Discover strategies to enhance collaboration between procurement and finance teams. Learn how to encourage teamwork, streamline processes, and achieve optimal business results.

40
article thumbnail

Category Management

Tipalti

Master critical category management principles with step-by-step guidance and best practices to enhance supplier relationships and streamline procurement.

40
article thumbnail

Netsuite Purchase Order

Tipalti

Learn how to navigate purchase orders and the PO process in NetSuite. Streamline your workflows by implementing best practices and robust NetSuite add-on integrations.

article thumbnail

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.