Accounting Today

MARCH 13, 2024

Affected businesses may turn to their accountants for help, but are firms the best source to help clients report beneficial ownership information to the feds?

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Tax Accounting Accounting Financial Reporting 317

Xero

MARCH 13, 2024

We know end of financial year is a busy time, so we’ve prepared a quick 10-step checklist to help you cover your bases at the end of FY24 and start the new financial year off strong. If you’re using Xero, you can find more helpful information in our handy guide for getting ready for financial year end. End of financial year checklist for business owners In no particular order, here are some tasks to tick off to set yourself (and your business) up for a successful FY25. 1.

XERO 201

XERO Payroll Accounting Software Bookkeeping 201

Accounting Today

MARCH 13, 2024

Daniel Rotta hid more than $20 million from the IRS, using "pseudonyms, complicated corporate structures and nominees" to conceal offshore assets and income.

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Tax 299

Xero

MARCH 13, 2024

The end of the financial year is around the corner, so it’s time to review the latest changes and start getting ready to complete your payroll year end. Here are some key updates you need to know about, as well as our tips for a smooth transition into the 2025 financial year. Latest changes Payroll is always evolving, but there were a few little surprises this year.

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Payroll XERO Tax Corporation Tax 194

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

Accounting Today

MARCH 13, 2024

Nonprofit development and accounting departments are working toward the shared goals of sustainable growth and accomplishing their mission.

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Accounting Accounting 293

Insightful Accountant

MARCH 13, 2024

Auto dealers and sellers must register with IRS Energy Credits Online to submit time-of-sale reports for Clean Vehicle Tax Credit advance payments for vehicles placed in service in 2024 and beyond.

Tax 105

Tax 105

FundThrough

MARCH 13, 2024

We’ve been noticing a trend: an increasing number of our clients have merchant cash advances (MCAs) listed on their lien reports. A recent U.S. Consumer Financial Protection Bureau report highlights this surge, revealing that MCA use more than doubled over five years, leading to heightened regulatory scrutiny. This quick-fix financial solution, often seen as an […] The post Considering a Merchant Cash Advance?

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Accounting Today

MARCH 13, 2024

The Praxity Alliance of independent accounting firms reported revenue of $9.7 billion in 2023, an 11% increase over 2022 at constant exchange rates.

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Accounting Accounting Management Accounting 189

Insightful Accountant

MARCH 13, 2024

Hiring in accounting, particularly for tax talent, is tough due to declining student enrollments and CPA exam takers. This trend puts pressure on the industry for hiring.

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CPA Tax Accounting Accounting 103

Accounting Today

MARCH 13, 2024

The firm will make 329 roles redundant, while as many as 37 partners will be accelerating their retirement over the next nine months.

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Accounting Accounting 195

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.

Accounting

Economize

MARCH 13, 2024

In the current cloud landscape, there’s a lack of a standardized method to normalize cloud cost and usage measures across multiple cloud platforms, at a time when managing cloud costs and optimizing spending have become paramount.

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Billing FinOps FinOps Computation 59

Accounting Today

MARCH 13, 2024

Wolters Kluwer announced that its solution support the global minimum tax in accordance with OECD Pillar II requirements.

Tax 189

Tax Accounting Accounting 189

Bookkeeping Essentials

MARCH 13, 2024

Can I pay employees as casual labor for only a few days of work without deductions? Includes step-by-step instructions for paying employees in cash.

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Accounting Today

MARCH 13, 2024

The current deputy chief of IRS CI will be the new chief, succeeding Jim Lee.

Tax 189

Tax 189

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.

Accounting

Insightful Accountant

MARCH 13, 2024

Sage's recent investments to provide an end-to-end construction cloud suite underscore their commitment to help construction customers thrive. Murph elaborates on Sage Transform announcements.

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Accounting Today

MARCH 13, 2024

H&R Block's AI chatbot assistant, a deepfake scam rakes in $25 million, and eight other developments in technology.

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Tax 154

Future Firm

MARCH 13, 2024

Level up your firm's customer experience with these three effective methods to gather and understand client feedback. The post 3 Simple Ways to Collect Feedback From Your Clients appeared first on Future Firm.

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Collections Accounting Accounting 52

Counto

MARCH 13, 2024

Why Choose a Private Limited Company (Pte Ltd) for Your Singapore Business Venture Are you considering starting a business in Singapore? If so, understanding the different business structures available is crucial for making the right decision. Among the various options, the private limited company, or Pte Ltd, stands out as the preferred choice for many SMEs, entrepreneurs, and foreign investors.

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Corporation Tax Financial Statements Tax Accounting 52

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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.

Financial Statements

Nanonets

MARCH 13, 2024

Imagine discovering that a simple oversight in managing business expenses led to a small fortune being unwittingly spent on avoidable costs. This isn't just a hypothetical scenario; it's a reality for organizations that overlook the strategic importance of a meticulously designed expense policy. In this piece, we'll provide an expense policy template designed to serve as reference for crafting your own expense policy for your business.

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Expense Reports Budgeting Collections Data Entry 52

finout

MARCH 13, 2024

When managing costs in Kubernetes (K8s) deployments, choosing the right pricing model is crucial. This blog explores why fixed pricing may be a better choice than the common practice of charging per K8s pod, explaining how it can ease budgeting, simplify billing, and save money for companies using cloud services.

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Budgeting Billing FinOps FinOps 52

Nanonets

MARCH 13, 2024

Managing invoices efficiently is integral for businesses to maintain smooth cash flows and accurate financial records. Optical Character Recognition (OCR) technology has emerged as a crucial tool, enabling organizations to streamline invoice processing, enhance accuracy, and accelerate financial workflows. By automating data extraction from invoices, OCR software significantly reduces the burden of manual data entry, mitigating errors and optimizing resource utilization.

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Invoicing Invoice Processing Data Entry Budgeting 52

Intuit

MARCH 13, 2024

In fact, the number of Americans living in distressed communities is astounding – one in about six do. So it’s not surprising that many Intuit customers also live in these communities located in more than 10,000 distressed zip codes. These customers often will face a myriad of socio-economic hurdles, which is reflected in fewer residents completing their high school education, driving higher unemployment with more living below the poverty line.

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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

NACM

MARCH 13, 2024

Since the early 2000s, artificial intelligence has revolutionized business, creating new roles and boosting productivity. However, its lack of human elements like creativity and emotional intelligence has increased the demand for workers with specialized skills and knowledge. Through NACM's six-level Professional Certification Program, credit profe.

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