Thu.Apr 04, 2024

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Uncertainty surrounds CTA — for accountants and small biz

Accounting Today

Ongoing court cases and questions about whether accountants can actually work on BOI reporting make the Corporate Transparency Act a source of serious confusion.

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Ease the Stress of Gov-Con Accounting with AccountingDepartment.com

Accounting Department

Outsourced accounting services play a crucial role in providing valuable assistance to business owners, CEOs, and entrepreneurs. With our extensive experience at AccountingDepartment.com, we have successfully tackled a myriad of challenges that businesses encounter in their accounting processes.

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Tax Fraud Blotter: What a relief

Accounting Today

Chief culprit; tag, you're it; trust them not; and other highlights of recent tax cases.

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Top Remote Accountants for Hire | April 4, 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 accountants with no upfront cost. These are just a few of our top candidates this week. Sign up now to receive our full list of top accounting candidates available weekly!

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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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Accounting's pipeline problem: An opportunity in disguise?

Accounting Today

Even as they struggle with shortages, leading firms see the staffing crisis as a chance to pull ahead of their peers.

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Accountingfly Hiring Update: April 2024

accountingfly

Sharing our perspective on the latest trends impacting talent acquisition in the accounting industry. Market Trends: RTO Causing Tax Pros to Head for the Door; 2024 Busy Season Freelancer Trends Tax Pros Fleeing RTO Firms Tax hiring season usually ends on December 31. So, we were surprised to see qualified tax candidates applying to Accountingfly in January and February 2024.

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App Aware: Flash Reports

Insightful Accountant

If you know Excel, the Flash Reports Excel Add-in streamlines the use of your QBO data for reporting, forecasting, multi-file consolidation, and more.

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Navigate the IRS audit storm: Essential extension strategies for partnerships

Accounting Today

With tax authorities scrutinizing partnerships, CPAs and tax pros need to think more strategically about filing for extensions.

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Looking for a Line-of-Credit: Checkout QuickBooks

Insightful Accountant

QuickBooks newly launched Line-of-Credit brings greater access to capital for SMBs.

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Practice profile: Strong on defense

Accounting Today

In assembling its security services team, Top 10 Firm RSM US takes an unconventional approach.

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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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Working 2 Hours / Week, Running a $1.6M Firm, and Rapping with Scotty Scarano

Jetpack Workflow

Podcast Summary On this episode of Growing Your Firm, David Cristello interviews Scotty Scarano, the self-titled wrapping custodian at Accounting High. Scotty, who is also the founder of a $2 million accounting firm and serves on various tech company boards, shares insights on OKRs and his rap career. Tune in to learn more about Scotty’s journey and his unique approach to the accounting industry.

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FASB names members of EITF

Accounting Today

The accounting standard-setter named 11 experts to its reconstituted task force on Thursday.

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Azure Cost Management – Your Guide to Improve Cost Efficiency

Economize

Introduction to Azure Cost Monitoring Regular and proactive monitoring is essential for maintaining the efficiency and cost-effectiveness of your cloud environment. By continuously monitoring your resources, you can ensure that they operate as desired and remain within your budget. In Microsoft Azure, Cost monitoring is managed by Azure Cost Management tools.

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CAS: Become a cherished advisor in the digital age

Accounting Today

The blend of cutting-edge technology and the warmth of human connection is creating a whole new playing field for professionals

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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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Bookkeeping For Construction Companies – 5 Essential Tips for Financial Success

Outsourced Bookeeping

For construction firms to do well, effective financial management is essential. We’ll explore five essential suggestions in this article, each specifically designed to meet the particular requirements of the sector. These insights will enable construction companies to improve their financial performance through careful spending tracking, cash flow management, and proactive tax planning.

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Maine, Rhode Island storm victims get tax relief

Accounting Today

Filing and payment deadlines for taxpayers in designated areas have been pushed back.

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Preparing A Cash Flow Forecast: A Step-By-Step Guide

Invoicera

Have you ever thought of why some businesses grow and some always struggle to earn a little? There can be multiple reasons but ‘Cash Flow Management’ is the biggest reason for not getting success in a business. Did you know? 82% of businesses do not succeed due to poor management of cash flow. So, how can any business master the art of managing a healthy cash flow to secure the future?

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The Correlation Between Inflation, Minimum Wage, & Profit Margins for Small Businesses

CSI Accounting & Payroll

As a small business owner, your profits are everything. After all, it takes most small businesses a while to even start making a profit. That’s why you’re always aware of the factors that can potentially cut into them, like inflation and an ever-increasing minimum wage. At CSI Accounting & Payroll, we’ve helped small businesses with their finances year-round for over 50 years.

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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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Corporate Taxes: The Benefit of Tax-Deductible Donations

Counto

Corporate Taxes: The Benefit of Tax-Deductible Donations In the realm of business, giving back to the community isn’t just about altruism—it’s also about strategic financial planning. Tax-deductible donations offer a unique opportunity for businesses to support worthy causes while also benefiting their bottom line. Why Your Business Should Consider Donating Tax Benefits: Donating to tax-exempt organisations, such as charities, can potentially lower your taxable income, leading to sig

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How to Improve the NetSuite Invoice Approval Workflow

MineralTree

Leveraging AP automation for a faster process The invoice approval process is a bottleneck for many AP teams. From manually inputting invoice data to chasing down approvers for signatures, a traditional paper-based approval process contains many time-consuming, manual steps that slow down payments and sap resources. No wonder getting payments authorized and released is finance professionals’ top pain point for their vendor payment process, according to MineralTree’s State of AP Report.

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Supporting Small Businesses: Counto’s Free Multi-Currency Reporting in Every Accounting Plan

Counto

Supporting Small Businesses: Counto’s Free Multi-Currency Reporting in Every Accounting Plan In today’s interconnected business landscape, expanding beyond local markets is a strategic move for many SMEs. At Counto, we recognise the importance of seamless financial management across borders, which is why all our accounting plans include free multi-currency support.

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Bipartisan $78B tax deal hits GOP roadblock in Senate

Accounting Today

Senate Republicans don't want to hand President Joe Biden an election-year victory on the legislation, which includes both child and business tax breaks, lawmakers and aides have said.

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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.