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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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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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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Has private equity changed what your firm is worth?

Accounting Today

The economic basics of supply and demand still rule the day: Your firm is worth what a buyer will pay.

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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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