Mon.Apr 01, 2024

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IRS investigating almost $9B in pandemic fraud

Accounting Today

The agency has indicted almost 800 people for COVID fraud, and has a 98.5% conviction rate.

Tax 336
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The AI Revolution: Navigating the Future of Tax Practices

Insightful Accountant

AI is transforming the tax industry, yet professionals are wary of embracing it fully due to data security, ethics, and client relationships. Practice owners must navigate this shift for success.

Tax 111
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Art of Accounting: An April Fool's Day story that's true

Accounting Today

This outrageous story about an accountant's client and his wife might not seem like it's real, but it is.

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Nanonets vs Tipalti: Which AP automation is best?

Nanonets

If you've ever spent hours chasing down missing invoices, manually entering data , or chasing colleagues for approvals, you know the pain of inefficient accounts payable (AP) processes. They can be a headache for your team and a bottleneck for your business. Luckily, AP automation solutions like Nanonets and Tipalti can help. These powerful tools streamline your workflows, reduce errors, and give you back valuable time and resources.

AP 98
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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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NetSuite aspires to make AI ubiquitous

Accounting Today

Brian Chess, AI development lead with NetSuite, explained the company's AI Everywhere philosophy during the SuiteConnect conference.

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Maximize Cloud Savings with Azure Cost Allocation & Tagging

Economize

Introduction Effective cloud management and monitoring and optimizing its associated costs are crucial to maintaining a sustainable cloud environment. Azure Cost Allocation and Tagging functionalities provide a robust framework for categorizing cloud costs and improving financial transparency and accountability within the organization.

More Trending

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10 Accounting Trends to Look Out for in 2024

Ace Cloud Hosting

The accounting industry constantly evolves and grows. The accounting industry faces changes over time as new technologies are introduced and the old methods then become outworn. Tax professionals are turning.

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Pushing the deadline: Where Americans are most likely to delay filing their taxes

Accounting Today

From coast to coast, the cities and states where taxpayers procrastinate the most.

Tax 254
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How to Choose Your Small Business Bookkeeping Software

Remote Quality Bookkeeping

Small business management involves numerous intricate tasks, including monitoring your company’s finances. Despite its importance, bookkeeping can be overwhelming, particularly when handled manually. Thankfully, the rise of technology has introduced bookkeeping software for small businesses that assist with this process. Join us as we cover everything related to bookkeeping software, from features to cost, so you can make decisions that align well with your small business needs.

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NYC's delinquent property taxes soar

Accounting Today

City officials attribute the trend to the end of a tax-lien sales program that punishes delinquency.

Tax 208
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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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How to Help Small Business Employees Fill out a W4 for Federal Tax Withholding

CSI Accounting & Payroll

With so many changes to the federal Form W-4 in 2020 for federal withholding, you may still be getting some questions from your employees. This is especially true if you’re a small business that has employees who may not have any federal withholding – like if you have employees making minimum wage or who work very few hours – or both. At CSI Accounting & Payroll, we’ve worked with small businesses for over 50 years.

Payroll 52
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Withum merges in BBD

Accounting Today

WithumSmith+Brown added a firm in Philadelphia that mainly serves nonprofit and government organizations.

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ESCT Rate – Set and forget on 1 April

Ontrack Bookkeeping

Setting the ESCT rate for the next tax year is a 1 April activity that Payroll are responsible for. As part of your payroll checks and balances, you must check your payroll system is doing as expected. If you are processing payroll manually, you will need to set the ESCT yourself. Understanding how ESCT is essential to getting this right for anyone involved in payroll.

Payroll 52
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11 steps for launching CAS

Accounting Today

If your practice is launching a CAS practice — or you're just in the initial planning and research stages — making sure you're well-prepared is essential.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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Nanonets vs. Tipalti: Which AP automation is best?

Nanonets

If you've ever spent hours chasing down missing invoices, manually entering data , or chasing colleagues for approvals, you know the pain of inefficient accounts payable (AP) processes. They can be a headache for your team and a bottleneck for your business. Luckily, AP automation solutions like Nanonets and Tipalti can help. These powerful tools streamline your workflows, reduce errors, and give you back valuable time and resources.

AP 52
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Alternative investments can come with tax friction, unpleasant surprises

Accounting Today

Reporting requirements and asset location could loom large for clients seeking greater yield and diversification without thinking through payments to Uncle Sam.

Tax 140
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Outstanding Checks and Bank Reconciliation: Simplifying Financial Processes with Automation

Nanonets

Introduction In both personal and business finance, the management of outstanding checks and thorough bank reconciliation practices are important for maintaining financial hygiene. Whether it's ensuring that expenses align with available funds or guaranteeing that business transactions accurately reflect the company's financial standing, tracking checks outstanding and reconciling bank statements is non-negotiable.

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Leveraging FinOps to Effectively Manage AI Cloud Costs

finout

As the demand for artificial intelligence (AI) continues to rise, so does the need for effective cost management in cloud environments. In this blog post, we'll explore how leveraging FinOps can help organizations effectively manage their AI cloud costs, ensuring that their investments are both efficient and aligned with their business objectives.

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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