Wed.Feb 07, 2024

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15 states with personal income tax rate changes in 2024

Accounting Today

Taxpayers will benefit from a reduced top marginal rate in 13 states, but in two states the rate has increased.

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Outsourced Client Accounting Services in an E-Commerce World

Accounting Department

In the past few years, there has been a significant surge in the growth of e-commerce businesses. With the emergence of new companies and the adaptation of brick-and-mortar stores to online platforms, the demand for online purchasing is being met through various online sales channels.

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Accountants want to see different kinds of diversity in workplace

Accounting Today

A new survey from the ACCA looks at trends in DEI, AI, employee retention, hybrid work and mental health for accountants.

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Meet 2023 Top 25 Up-N-Coming ProAdvisor Kassandra Degus

Insightful Accountant

We sat down with Kassandra to get her thoughts on being a Top 25 Up-N-Coming ProAdvisor, her journey, path to success, and how she’s a support system for her clients.

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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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FinCEN proposes rule to crack down on real estate money laundering

Accounting Today

The Treasury Department's Financial Crimes Enforcement Network hopes to deter money laundering in the residential real estate industry with a newly proposed rule.

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Acumatica Making Biggest Modernization in Company History

Insightful Accountant

During Acumatica's 2024 Summit, Mikhail (Mike) Shchelkonogov, the company's Chief Technical Officer told those attending that they were in the process of making the biggest technological modernization in Acumatica history.

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How CPAs’ Daily Schedule Should Look Like for Maximum Productivity in Tax Season 2023

Ace Cloud Hosting

Tax season hits hard for CPAs, piling on the pressure with its relentless deadlines and mountains of work. The struggle to keep up often leads to burnout and a feeling.

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CNA to provide CPA firms with BOI coverage

Accounting Today

The AICPA's professional liability insurer will cover client services related to the Corporate Transparency Act's beneficial ownership information reporting requirement.

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Building a Bank for Accountants and Small Businesses

Cloud Accounting Podcast

Yoseph West joins Blake and David to examine Relay Financial's background and their ambition to solve banking problems by becoming a bank themselves, designing the ideal user experience, and overcoming regulatory challenges. West also outlines Relay's redesigned accountant partner program, its many benefits, and upcoming features like receipt capture.

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IRS spotlights IRS Employer-Provided Childcare Tax Credit

Accounting Today

The Internal Revenue Service has posted a new page on IRS.gov explaining the Employer-Provided Childcare Tax Credit to provide more information about the tax break.

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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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Becoming a “FinFluencer”

Insightful Accountant

Social media has given rise to a new breed of financial gurus known as "finfluencers.” These are individuals who have built large followings by making finance relatable and fun through entertaining videos, posts, and more.

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The Mother of All Breaches, and other tech stories you may have missed

Accounting Today

Plus the possibility of an AI voice feature for Google, five cybersecurity trends you can't miss, and other developments in tech from the last month.

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Join Me TODAY for a Tech Spotlight on Increasing Your Practice Profits Advising Multi-entity Clients

Insightful Accountant

Murph says, "if you have multi-entity clients using QuickBooks Desktop or Online, you need to take an hour out of your busy schedule to attend this 'free' webinar.

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Spreadsheets remain dominant despite reservations

Accounting Today

A recent survey of mostly smaller practitioners has found that spreadsheets remain the No. 1 way they manage their workflows.

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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.

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The In-Depth Guide to Managing AP with Microsoft Business Central

Nanonets

Small and medium-sized company users of Microsoft Business Central ERPs need to apply artificial intelligence for efficiencies, vendor invoice processing workflow automation, and decision-making related to accounts payable and business spending.  To achieve these goals, what’s available in Business Central accounts payable, and what’s lacking in Microsoft AP?

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Delegation 101

Future Firm

One of the struggles for most firm owners is the effective delegation of tasks. Learn how to delegate and experience more workload reduction. The post Delegation 101 appeared first on Future Firm.

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Top 10 Healthcare OCR Software in 2024

Nanonets

Optical character recognition (OCR) software help convert non-editable document formats such as PDFs, images, or paper documents into machine-readable formats that are editable & searchable. OCR applications are commonly used to capture text from PDFs & images and convert the text into editable formats such as Word, Excel, or a plain text file.

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Do I Need to Register for GST in Singapore?

Counto

Do I Need to Register for GST in Singapore? As a business owner in Singapore, understanding the ins and outs of Goods and Services Tax (GST) registration is crucial. Whether you’re approaching the S$1 million turnover mark or considering voluntary registration, navigating the GST landscape requires clarity and foresight. What is GST Registration?

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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The Complete Guide to NetSuite Modules & Add-Ons

Nanonets

NetSuite modules and add-on software expand the functionality of NetSuite ERP, allowing users to optionally choose only those NetSuite add-on modules and add-ons that fit their business.  Although types of ERP systems vary, NetSuite is primarily software for a small business or a mid-market company that includes accounting. Oracle NetSuite is a cloud-based ERP system licensed by its users through a SaaS pricing model that includes the number of users and NetSuite modules selected.

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Your First Year of Business: A timeline of regulatory requirements

Counto

Your First Year of Business: A timeline of regulatory requirements Embarking on your first year of business is an exhilarating journey filled with promise and potential. But amidst the excitement, it’s crucial to navigate the maze of regulatory requirements seamlessly. From incorporating your entity to managing taxes and annual returns, this comprehensive guide sheds light on the essential steps to ensure compliance and success in your inaugural year.

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The 7 Best BILL.com Alternatives

Nanonets

Finding the right AP automation software or best accounts payable software for your business isn’t easy. Many options exist, and today’s AI gold rush means new options pop up daily. That’s why looking to mature industry mainstays tends to be a safer bet than gambling your company’s compliance and cash flow on an upstart that could fold faster than you can say “net 30.

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How does the Foreign Worker Quota Work? A Guide for Employers in Singapore

Counto

How does the Foreign Worker Quota Work? A Guide for Employers in Singapore Singapore’s workforce is enriched by a diverse blend of local and foreign talent, contributing to its dynamic economy. However, ensuring a balanced workforce composition is crucial, which is why the government has implemented the Foreign Worker Quota system. For employers, understanding the intricacies of this system is paramount to compliance and effective human resource management.

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

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Calendly Appointment Management

Nanonets

Introduction In the fast-paced world of sales, the ability to quickly and efficiently schedule appointments can be the difference between closing a deal and missing out on a golden opportunity. That's where the magic of integrating Calendly with Nanonets's Workflow Automation comes into play, revolutionizing the way sales professionals manage their calendars.

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Corporate Tax Filing in Singapore: A 2024 Guide for Businesses

Counto

Corporate Tax Filing in Singapore: A 2024 Guide for Businesses If you’re a business operating in Singapore, understanding the intricacies of corporate tax filing is essential to maintain legal compliance and financial stability. From calculating taxable income to meeting deadlines, navigating the company tax landscape can seem daunting. However, with the right knowledge and guidance, you can streamline the process and ensure your company meets its regulatory responsibilities.

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Hedging definition

Accounting Tools

What is Hedging in Finance? Hedging is a risk reduction technique whereby an entity uses a derivative or similar instrument to offset future changes in the fair value or cash flows of an asset or liability. A perfect hedge eliminates the risk of a subsequent price movement. A hedged item can be any of the following individually or in a group with similar risk characteristics: Highly probable forecast transaction Net investment in a foreign operation Recognized asset Recognized liability Unrecogn

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Member Spotlight: Knowledge and Connections

NACM

​As a credit manager, you must be able to learn, adapt and make strategic credit decisions. This almost always requires ongoing education and networking with the right people.

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Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

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Biden's EV tax credits are a ripe target if Trump wins

Accounting Today

The tax credits now helping underwrite many electric vehicle purchases are top targets if Republicans win the White House or strengthen their grip on Capitol Hill in November.

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