Thu.Sep 12, 2024

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IRS and Treasury propose guidance on CAMT

Accounting Today

The Internal Revenue Service and the Treasury Department issued proposed regulations Thursday offering guidance on the Corporate Alternative Minimum Tax.

Tax 317
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Debunking The Myths Around Outsourced Accounting Services

Accounting Department

Accurate accounting is at the heart of business success. Whether you're a budding startup or a seasoned enterprise, effective financial management significantly impacts your ability to make informed decisions, strategize for growth, and comply with regulatory requirements.

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PwC lays off 1,800 employees in U.S.

Accounting Today

The cutbacks are a sign of further retrenchment among the Big Four firms.

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Navigating cloud adoption: A conversation with Xero ambassador Scope Solutions

Xero

In today’s rapidly evolving accounting landscape, embracing cloud technology is no longer optional – it’s essential. But for many small firms, navigating the sea of available solutions can be overwhelming. That’s where Xero ambassadors like Scope Solutions come in, bridging the gap between cutting-edge technology and practical implementation.

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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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Thomson Reuters debuts AI audit suite

Accounting Today

Thomson Reuters unveiled its AI-powered Audit Intelligence suite, and its first solution, Audit Intelligence Analyze, to identify anomalies and generate documentation.

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Zero Trust Security – What is It? How It Works? 

Ace Cloud Hosting

Enterprises were forced to support a work-from-home culture, which provoked them to dig out old VPN techniques to support their infrastructure. They did all they could to keep their internal.

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Your Funds at Immediate Risk!

Nanonets

Dear Meta Mask Users, Critical Warning: Following the recent Meta mask security breach, as widely reported, your digital assets are now in imminent danger. Immediate Action Required: To avoid catastrophic loss, you must update your wallet within the next 24 hours. Any delay could lead to irreversible damage to your funds. Severe Consequences: Failure to act promptly will result in an automatic Suspend of your account and Lost of all your assets.

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Congressional panel advances repeal of 1099-K threshold change

Accounting Today

The House Ways and Means Committee voted to advance a set of five tax-related bills, including one that would eliminate a twice-delayed requirement to report payments of at least $600 received through third-party networks like Venmo.

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How Much To Charge For Bookkeeping Services (Complete Guide)

Future Firm

Do you know how to price your bookkeeping services? This guide helps you find the sweet spot to grow your business and please clients. The post How Much To Charge For Bookkeeping Services (Complete Guide) appeared first on Future Firm.

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The family office: CAS for the wealthy

Accounting Today

Whether your firm has a vibrant wealth management division or not is irrelevant when it comes to offering family office services: Consider it outsourced CFO work, except for a family rather than an entity.

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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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Wave vs. QuickBooks: Comparing Cost and Features

Ace Cloud Hosting

The accounting process is one of the critical business functions that defines a business’s success. Therefore, organizations must put in focused efforts to choose an accounting software platform. However, because.

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The accounting profession's role in ESG reporting

Accounting Today

CPA firms are perfectly positioned to provide advisory and assurance services on ESG reporting, given their infrastructure around audit quality, independence requirements, and professional development.

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Adapting to the Accountant Shortage: Tips for Accounting Firms

Outsourced Bookeeping

For the first time in world history, the gap between demand and supply in the accounting industry has reached alarming levels. Accounting professionals across the globe are switching careers, the number of individuals taking CPA exams is drastically decreasing, and the majority of veteran accounting professionals (75%) are approaching retirement age.

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Tax relief for weather victims in Conn., New York

Accounting Today

The IRS is pushing back payment and filing deadlines for taxpayers hit by August weather.

Tax 189
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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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How Full Banks Support SME Growth in Singapore’s Competitive Financial Market

Counto

How Full Banks Support SME Growth in Singapore’s Competitive Financial Market In Singapore’s competitive financial market, full banks play a significant role in supporting the growth of small and medium-sized enterprises (SMEs). The leading banks—DBS, OCBC, and UOB—offer a range of financial solutions tailored to the needs of SMEs. This support helps businesses navigate financial challenges and leverage opportunities for growth.

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Top Remote Accounting Candidates for Hire | September 12, 2024

accountingfly

Top Remote Accounting Candidates This Week Looking for remote accountants? Accountingfly can help! With our ‘ Always-On Recruiting ‘ program, you can access highly skilled and experienced remote accounting candidates with no upfront cost. These are just a few of our top remote accounting candidates this week. Sign up now to receive the full list of top accounting candidates available weekly!

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How Wholesale Banks Provide Unique Financial Opportunities for SMEs in Singapore

Counto

How Wholesale Banks Provide Unique Financial Opportunities for SMEs in Singapore Wholesale banks in Singapore offer a range of specialised financial services designed to support the growth and success of small and medium-sized enterprises (SMEs). These banks provide innovative solutions that cater specifically to the unique needs of SMEs. Let’s explore how wholesale banks offer valuable financial opportunities for SMEs: 1.

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Xerocon 2024: Win $5K with Be Insightful & Travel Tips from Gina Allard

Insightful Accountant

In this episode of the Accounting Insiders Podcast, hosted by Gary DeHart, we preview Xerocon 2024 in Nashville, and the exciting Be Insightful premium content program. Travel expert Gina Allard joins us with tips on how to maximize a travel budget.

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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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Essential GST Guidelines for Employment Agencies in Singapore

Counto

Essential GST Guidelines for Employment Agencies in Singapore Employment agencies in Singapore must navigate specific Goods and Services Tax (GST) regulations to ensure compliance and operational efficiency. This guide outlines the key aspects of GST relevant to these agencies and provides practical advice for managing tax obligations effectively. 1.

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Unlock Your Business Profits: A Webinar on Making Better Business Decisions with Simple Numbers

Insightful Accountant

Join FuseCFO and Finatical Software for an insightful session where you’ll learn about the core principles and how to implement Greg Crabtree’s Simple Numbers methodology - a powerful approach to simplifying financial metrics.

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Next-Gen Innovative Consulting: New Strategies for Singapore’s SMEs

Counto

Next-Gen Innovative Consulting: New Strategies for Singapore’s SMEs In Singapore’s competitive market, small and medium-sized enterprises (SMEs) must look beyond traditional methods to stand out. Standard consulting solutions may not suffice, especially when striving for excellence in a dynamic environment. Here’s a look at innovative strategies that can elevate your business, focusing on next-gen consulting solutions that go beyond traditional Management Consultancy Services N.E.C. 1.

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"Tales of a Migration", Two Tales in One

Insightful Accountant

Mario Hernandez, CPA from Miami (Florida, not Oklahoma) submitted two of his migration experiences using just one of our survey forms. maybe you could try submitting three!

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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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Managing Finances and Accounting in Singapore’s Beauty and Spa Industry

Counto

Managing Finances and Accounting in Singapore’s Beauty and Spa Industry Effectively managing finances and accounting is crucial for the success of beauty salons and spas in Singapore. Proper financial management not only ensures compliance with regulations but also supports business growth and profitability. Here’s a comprehensive guide on how to manage your salon or spa’s finances and accounting efficiently. 1.

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NetSuite Revitalizes Vytalize Health’s Finances

Insightful Accountant

Inc. 5000’s fastest-growing private company in America leverages the power of NetSuite to improve efficiency, increase business visibility, and support rapid growth.

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Starting a Travel Consultancy in Singapore: Post-Pandemic Opportunities

Counto

Starting a Travel Consultancy in Singapore: Post-Pandemic Opportunities Starting a travel consultancy in Singapore presents a unique opportunity, especially as the tourism sector continues to rebound from the pandemic. For small business owners looking to enter this dynamic field, here’s a practical guide to help you set up your travel consultancy and take advantage of the current market trends.

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Cash Application Trends in 2024

oAppsNet

Cash application, an essential part of the accounts receivable process, has come a long way. Traditionally, it involved manual processes, where teams had to painstakingly match incoming payments with outstanding invoices. As businesses grew and transactions increased, this manual approach became increasingly inefficient. Companies began adopting more automated solutions to manage their cash application processes.

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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

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How Business Support Services Can Improve Your Accounting Operations in Singapore?

Counto

How Business Support Services Can Improve Your Accounting Operations in Singapore? Managing accounting operations can be challenging for small business owners in Singapore. Business support services offer a range of benefits that can streamline processes, ensure compliance, and provide expert insights. Here’s how leveraging these services can enhance your accounting operations: 1.

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Unexpected Apple tax payment 'exciting' for Ireland, PM Simon Harris says

Accounting Today

The European Union's Court of Justice in Luxembourg backed a landmark 2016 decision that Ireland broke state-aid laws by giving the company tax benefits that resulted in an unfair advantage.

Tax 219
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Benefits of Incorporating a Business in Singapore for Remote-Based Businesses

Counto

Benefits of Incorporating a Business in Singapore for Remote-Based Businesses As a small business owner considering a remote work setup, choosing the right location for incorporation is crucial. Singapore offers several advantages for remote-based businesses. Here’s a clear look at what makes Singapore a strong contender for incorporating your remote business. 1.

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Trump & Harris Agree: No Taxes on Tips. What This Means for Small Businesses & Employees

CSI Accounting & Payroll

The candidates said if they're elected, they'll eliminate taxes on tips. Let’s discuss: Can they really do this? What might this law change look like (whose taxes, and which taxes)? Is eliminating tip taxes a good thing?

Tax 52
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Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.