Mon.Jun 10, 2024

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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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How accountants and bookkeepers can improve productivity through apps

Xero

What’s your practice doing to keep up with apps and AI? As the business landscape evolves, the accounting industry must adapt to remain competitive and meet the changing needs of clients. We recognise that one key area of focus is the integration of app stacks and artificial intelligence (AI) into accounting practices so as to support future productivity and growth.

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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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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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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.

Tax 235
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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!

Tax 59

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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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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.

Tax 189
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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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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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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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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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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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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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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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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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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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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.

Payroll 52
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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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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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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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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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