Wed.Jan 08, 2025

article thumbnail

Beyond the Budget: How Younger Generations Are Easing Stress with Financial Wellness Habits

Intuit

Welcome to 2025, where younger generations are prioritizing wellness over wealthspecifically, financial wellness. The focus is no longer solely on accumulating wealth but on achieving financial wellbeing. Gone are the days when big paychecks defined success; today, mental clarity, peace, and control over money matters take precedence. This transformation reflects a broader cultural evolution, advocating for sustainable financial wellness over riches.

Budgeting 246
article thumbnail

Small business job and wage growth slackened

Accounting Today

Job growth and hourly earnings growth moderated in the latter part of 2024, according to the payroll processor Paychex.

Payroll 347
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Business Overdraft Protection Is & How It Works

Fit Small Business

Overdraft protection is a business checking service that allows your bank to auto-transfer funds from a backup account, credit card, or a line of credit to pay for transactions if your main checking accounts balance is insufficient. It protects you from overdraft fees and non-sufficient funds (NSF) fees. In many cases, you can set it. The post What Business Overdraft Protection Is & How It Works appeared first on Fit Small Business.

article thumbnail

Grant Thronton CEO steps down

Accounting Today

Seth Siegel, CEO of Top 10 Firm Grant Thornton, announced he is stepping down from his position after 30 years with the firm.

299
299
article thumbnail

Forecasting Failures Are Costly: Here's How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

article thumbnail

Amazon Fees in Singapore: What Every Seller Should Know

Counto

Amazon Fees in Singapore: What Every Seller Should Know For small business owners in Singapore, selling on Amazon is an excellent way to reach a global audience and expand your online presence. However, before you get started, its essential to understand the various Amazon seller fees. These fees can significantly impact your profits, but incorporating them into your accounting services can help you manage costs more effectively and set competitive prices for your products. 1.

Tax 52
article thumbnail

Taxpayer Advocate spotlights IRS delays in ERC claims and ID theft assistance

Accounting Today

National Taxpayer Advocate Erin Collins released her annual report to Congress, highlighting improvements in taxpayer service, but pointing to persistent delays.

Tax 290

More Trending

article thumbnail

Private sector added 122K jobs in December

Accounting Today

Annual pay grew 4.6% year over year as private sector employers added 122,000 jobs in December, payroll giant ADP reported.

Payroll 246
article thumbnail

Airwallex Business Account Review for 2025

Fit Small Business

Airwallex provides businesses with global accounts designed to simplify overseas transactions. This financial technology (fintech) platform offers fast transfers, multicurrency accounts, and corporate cards. By using transparent and competitive foreign exchange rates, businesses can effectively lower currency conversion costs and utilize various payment methods.

article thumbnail

CFO roles will expand, create more value in 2025

Accounting Today

Continuing talent challenges, increasingly dangerous cyber threats, renewed focus on ROI and the rise of AI will permanently change the way CFOs work.

article thumbnail

2025 Public Holidays in Singapore: Key Opportunities for Small Business Owners

Counto

2025 Public Holidays in Singapore: Key Opportunities for Small Business Owners As a small business owner, staying on top of the public holidays for 2025 is essential for ensuring smooth operations and maximising opportunities. These dates offer not only moments to rest but also valuable opportunities to plan, manage your finances, and engage with your team and customers.

Payroll 52
article thumbnail

Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

article thumbnail

FAF seeks nominations for leadership roles

Accounting Today

The Financial Accounting Foundation is looking for nominations for leadership roles, including FAF executive director.

article thumbnail

What Is the Federal Funds Rate?

Fit Small Business

The federal funds rate is the rate thats charged when a bank lends funds to another bank. This can occur if a bank needs money to satisfy reserve requirements set by federal regulations. While the federal funds rate describes the rate banks charge one another, it plays a large role in US monetary policy and. The post What Is the Federal Funds Rate? appeared first on Fit Small Business.

52
article thumbnail

Texas court halts CTA in another lawsuit

Accounting Today

A federal court in Texas has issued another preliminary injunction and stay halting enforcement of the Corporate Transparency Act and its beneficial ownership information reporting requirement.

article thumbnail

6 Best No-Doc Business Loan Options

Fit Small Business

In this guide, the best no-document business loans require minimal paperwork, have flexible qualification requirements, and offer quick access to funding. While its true that almost all financing types require some form of documentation to facilitate, no-doc business loans typically only require basic information and are issued by an alternative lenderusually outside of a bank.

52
article thumbnail

Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

article thumbnail

IRIS beefs up Firm Management solution, customer success function

Accounting Today

IRIS expanded its IRIS Firm Management solution with enhanced document management capacities. It has also introduced a centralized Customer Success function.

147
147
article thumbnail

How to Intuit Enterprise Suite: Support Multi-entities

Insightful Accountant

Murph summarizes the multi-entity features and functionality of Intuit Enterprise Suite in this edition of "How to ERP." Step-by-step for multi-entity set-up, intercompany transactions, user roles, and consolidated financials.

52
article thumbnail

Bitcoin investor ordered to reveal access codes to $124M

Accounting Today

An early Bitcoin investor sentenced to two years in prison for tax fraud related to cryptocurrency sales has been ordered to disclose his secret pass codes.

Tax 130
article thumbnail

My Thoughts on the Bench Meltdown

Future Firm

Bench, a leading bookkeeping firm, abruptly shut down recently. Here are my insights on this news and what this means for your business. The post My Thoughts on the Bench Meltdown appeared first on Future Firm.

article thumbnail

How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

article thumbnail

January Webinars and Training Opportunities For ProAdvisors

Insightful Accountant

Join your peers for this amazing line up of training and webinars provided by Insightful Accountant and taught by some of the top trainers in the profession.

article thumbnail

7 Advantages of QuickBooks Enterprise That You Can’t Miss in 2025

Ace Cloud Hosting

When it comes to managing finances, inventory, and operations, businesses need a solution that can keep up with their growth. QuickBooks Enterprise Solution (QBES) stands out as a robust accounting.

article thumbnail

You Asked, We Delivered: Accountant-Inspired Features in 2024 and Those On the Horizon

Insightful Accountant

2024 was an exciting year for innovation at QuickBooks, and we owe much of that success to you, the accounting community. In connecting with accountants, weve learned that as we continue to add new functionality.

article thumbnail

End-to-End Finance Automation: Top Picks Beyond Brex

Tipalti

Explore top Brex competitors that go beyond card and spend management. See which solutions offer wholistic finance automation to streamline financial workflows.

40
article thumbnail

Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

article thumbnail

Lazada Fees in Singapore: What Every Seller Should Know

Counto

Lazada Fees in Singapore: What Every Seller Should Know Selling on Lazada is an exciting opportunity for small business owners in Singapore to expand their reach and grow their brands. But to make the most of it, you need to get a handle on the fees involved. These costslike commission, transaction, and shipping feesmight seem small, but they can add up quickly if youre not paying attention.

article thumbnail

Massachusetts (MA) Business Insurance Guide for Small Businesses

Fit Small Business

Massachusetts, one of the oldest states in America and a key part of American history, is home to an economy driven largely by small businesses. Massachusetts business insurance keeps over 700,000 small businesses running in The Bay State when they encounter a loss like a storm or fire or face a lawsuit from another party. The post Massachusetts (MA) Business Insurance Guide for Small Businesses appeared first on Fit Small Business.

52
article thumbnail

Trump calls SALT-focused Republicans to Florida before tax fight

Accounting Today

About 20 Republican House members from New York, New Jersey and California were invited to Mar-a-Lago ahead of a looming fight over extending the 2017 tax cuts.

Tax 130