Mon.Jun 10, 2024

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Supreme Court finds life insurance proceeds increase estate value

Accounting Today

A decision backing the surviving shareholder in a family business could have carried major tax implications to succession plans. Instead, SCOTUS backed the IRS.

Tax 305
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Groceries, Gas and QuickBooks - Infalation Continues

Insightful Accountant

Intuit has announced price hikes for QuickBooks Products and Services starting August 1, 2024. These price changes impact a multitude of Online and Desktop products.

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KPMG initiative helps nonprofits use AI

Accounting Today

KPMG launched its new "AI Impact Initiative," which will focus on helping nonprofits implement AI as well as provide AI training and education for the "workforce of the future.

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Starting a YouTube Channel for Your Tax Practice: A Beginner's Guide

Insightful Accountant

As practice owners, we’re always looking for ways to generate leads and attract new clients. One effective method to achieve this is by starting a YouTube channel. Check out this beginner's guide!

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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.

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How to chow down on Uncle Sam's business meal deductions

Accounting Today

Tax deductions for meals come with a 50% limit in most cases. Here's a mini guide to noshing breaks for financial advisors, tax professionals and their clients.

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10 Red Flags to Investigate When Selecting a QuickBooks Hosting Provider

Ace Cloud Hosting

QuickBooks, a popular accounting software developed by Intuit, has transformed how businesses manage their finances for decades. Its user-friendly interface and comprehensive features make it an ideal choice for businesses.

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Amazon S3: Your Ultimate Guide to AWS Cloud Storage Solution

Economize

With the advancement of cloud technology, efficient and secure cloud storage solutions have become essential for both businesses and individuals, providing unparalleled access and protection to your data. Among the myriad cloud storage solutions available, Amazon Web Services’ Simple Storage Service, or Amazon S3, stands out as a leader.

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Tax leaders worried about election results

Accounting Today

Strategic tax leaders worry the election will lead to changes to Inflation Reduction Act renewable energy credits, while tax tacticians worry about changes to federal corporate tax rates.

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7 Best Payroll Software for Accountants in [2024]

Ace Cloud Hosting

In today’s fast-paced business environment, accountants wear many hats. From managing complex financials to ensuring tax compliance, they have a demanding workload. One area that can eat into their valuable.

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CLA Global names new CEO

Accounting Today

CLA Global Limited has appointed Paul English as CEO, replacing Sancho Simmonds and Joseph Kask, who have held the role of co-CEOs of CLA Global since the formation of the network of independent accounting and advisory firms formed in July 2022.

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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.

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Choosing the right accounting software for your small business

Ontrack Bookkeeping

Selecting the right accounting software is a crucial decision for your small business’s financial health and accuracy. With numerous options available, this process can seem daunting, but making an informed choice is essential to streamline operations and mitigate risks such as financial fraud and regulatory non-compliance. Introduction The challenge of choosing appropriate accounting software stems from the need to balance functionality, ease of use, and cost-effectiveness.

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Art of Accounting: Planning is a lot more than what you think it is

Accounting Today

Stanley Goldstein's suggestions offer advice for building a successful career.

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10 Ways to Prepare a Cash Flow Statement Model That Actually Balances

Invoicera

Introduction You have come to the correct spot if you are looking for information on creating a cash flow statement model. A cash flow statement mimics the flow of funds into and out of your business to give you a more realistic picture of your current financial situation and the possibility of future changes. Even though cash flow statements are usually simple to understand, their capacity to convey correct information can be significantly diminished by a few common misconceptions about how the

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Revolutionizing Accounts Payable: The Power of Automated AI Invoice Processing

Billing Platform

As business technology evolves, artificial intelligence (AI) is poised to make significant contributions in all areas of finance. Automated AI invoice processing is transforming the way organizations manage their finances, leading to increased efficiency, accuracy, and cost savings. The use of AI and machine learning means that businesses can harness the power of technology to dramatically reduce costs, anticipate issues and automate billing and financial transactions.

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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.

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Best Way to Track Employee PTO: Excel, Google Sheets, Software, & Payroll Service

CSI Accounting & Payroll

Small businesses need to track employees’ paid time off (PTO). Is your method the right combo of cost, effort, & legal compliance? Here are the pros and cons of using Excel, Google Sheets, payroll software, & a payroll service.

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Web Scraping Financial Data Using Python

Nanonets

For finance teams, data is everything. Making informed decisions requires up-to-date and accurate financial information. This includes analyzing market trends, spotting investment opportunities, and conducting thorough research. Enter web scraping. Web scraping is the process of extracting data from websites. It is a powerful technique that revolutionizes data collection and analysis.

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Unlock Exponential Growth: How VyaPay's Partner Program Empowers You

Insightful Accountant

In the booming financial tech world, businesses seek innovative solutions to streamline payments and enhance customer experiences. Partner with VyaPay to elevate your value proposition and capitalize on this trend as a business leader.

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Olympics Advertising: Trends for the 2024 Summer Games  

AvidXchange

Sporting events are some of the most-watched worldwide, with the Super Bowl and World Cup bringing in major ad revenue for broadcasters. This year, Olympics advertising is set to break records , already up 18% from the 2020 Tokyo Olympics according to NBCUniversal , which has broadcast rights for the Summer Olympics Games. The Paris 2024 Olympics will be the first since 2018 without major impacts from the pandemic, suggesting audiences may see major changes compared to previous Games.

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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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Why a Multi-Payment Gateway is a Game-Changer

Gaviti

If your business is scaling and expanding into new geographic regions, it may present challenges in collecting receivables. You’ll want to offer the right technology to ensure your customer payment data and information is secure, yet also provide a wide range of payment methods at the same rates your customers are used to. One solution to this may be to implement multi-payment gateways.

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Trump floats tax-free tips in pitch to win Las Vegas workers

Accounting Today

Donald Trump said he'd scrap taxes on tipped earnings for hospitality workers if he wins the White House, calibrating his message for swing-state voters in Nevada as he fights back after his felony conviction.

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