Accounting Today

APRIL 16, 2024

President Joe Biden and First Lady Jill Biden paid $146,629 in federal income taxes on a combined $619,976 in adjusted gross income in 2023.

Tax 312

Tax 312

Cevinio

APRIL 16, 2024

Discover the transformative power of Peppol in e-invoicing and explore the importance of integrating your finance operations […]

AP 130

AP Invoicing Accounts Receivable Accounts Receivable 130

Accounting Today

APRIL 16, 2024

The Internal Revenue Service is extending tax relief on required minimum distributions from retirement accounts not made in 2024 after providing similar relief in recent years.

Tax 240

Tax Accounting Accounting 240

Insightful Accountant

APRIL 16, 2024

Murph takes you through the steps to set up QuickBooks Online Expense Claims. Next time he will look at the process for submitting them.

QuickBooks 105

QuickBooks 105

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

APRIL 16, 2024

A CPA's embezzlement turns out to be no excuse for trust fund recovery penalties.

Payroll 321

Payroll CPA Tax 321

Accounting Tools

APRIL 16, 2024

What is Cook the Books? To cook the books involves using accounting trickery to enhance an organization’s financial results. This can involve either artificially inflating sales or reducing expenses. Alternatively, one might engage in business practices to enhance financial results that are technically legal, but which will have a negative impact on the business over the long term.

Auditing 74

Auditing Invoicing Accounting Accounting 74

Less Accounting

APRIL 16, 2024

Bookkeeping, often perceived merely as the basic recording of financial transactions, is in reality the bedrock upon which small businesses can construct a detailed and insightful view of their financial health. By meticulously maintaining records, small business owners gain access to invaluable insights that are crucial for informed decision-making and strategic planning.

Bookkeeping 59

Bookkeeping Budgeting Financial Records Bookkeeping Services 59

Accounting Today

APRIL 16, 2024

PricewaterhouseCoopers said it will investigate an anonymous letter circulating on social media that made "false allegations" about the company and its partners over its role in auditing China Evergrande Group.

Auditing 204

Auditing Accounting Accounting 204

CSI Accounting & Payroll

APRIL 16, 2024

When small business owners think about taxes, they mostly have one thing in mind: to owe the smallest amount legally possible. To do this, they seek out professional tax advice, planning, and strategies – but what are the differences between these three things, and do they all offer the same value? At CSI Accounting & Payroll, we’ve worked with small business taxes for over 50 years.

Tax 52

Tax Bookkeeping Services Payroll Bookkeeping 52

Accounting Today

APRIL 16, 2024

The number of individual income tax returns received rose by more than 17.5% in just one week, as tax season entered its final stretch.

Tax 328

Tax 328

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

oAppsNet

APRIL 16, 2024

Managing cash flow is a critical aspect of personal and business finance. With the rise of digital payment solutions, cash apps have become increasingly popular for handling day-to-day transactions. However, manually tracking and managing cash inflows and outflows can be a time-consuming process. Cash app automation solves this challenge, enabling users to streamline their cash management processes and gain better insights into their financial health.

Data Entry 52

Data Entry Budgeting Financial Accounting Financial Records 52

Accounting Today

APRIL 16, 2024

A recent poll from Rightworks has found that 73% of accountants are not using AI and 35% have no plans to do so in the future.

Accounting 258

Accounting Accounting Computation 258

Counto

APRIL 16, 2024

Candidate Engagement: Transform Your Recruitment Strategy At Counto, we recognise the pivotal role of candidate engagement in the recruitment process. Engaging candidates effectively not only enhances your employee hiring success but also boosts your brand reputation. This guide offers practical strategies for small business owners and entrepreneurs to optimise their recruitment process, ensuring a smooth and engaging experience for potential hires.

Payroll 52

Payroll Billing 52

Accounting Today

APRIL 16, 2024

Internal Revenue Service commissioner Danny Werfel testified at a hearing of the Senate Finance Committee to discuss this past tax season and the proposed budget for carrying out the agency's future plans.

Budgeting 195

Budgeting Tax 195

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

Invoicera

APRIL 16, 2024

Introduction “Beyond transactions, subscriptions build relationships with every renewal, shaping sustained success.” Subscription-based businesses might face issues while maintaining continuous revenue due to multiple subscriptions. If you are also struggling to manage your financial flow perfectly, this blog post is for you as it will take you through every aspect of recurring billing.

Billing 52

Billing Invoicing Financial Records Financial Reporting 52

Accounting Today

APRIL 16, 2024

The impact of providing accounts receivable staff with automated AR processes goes far beyond the finance function.

AR 250

AR Accounts Receivable Accounts Receivable Account Receivables 250

Economize

APRIL 16, 2024

Using AWS API Gateway for effortless cloud integration The AWS API Gateway serves as a pivotal component in cloud infrastructure, providing a managed solution to create, publish, maintain, monitor, and secure APIs at any scale. This gateway facilitates seamless interactions between applications and AWS services, ensuring efficient data transfers and streamlined operations.

52

52

Accounting Today

APRIL 16, 2024

A set of frequently asked questions from the IRS says the benefit can be excluded from income.

Tax 240

Tax 240

Advertisement

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

Accounting Tools

APRIL 16, 2024

What is an Exchange of Nonmonetary Assets? An exchange of nonmonetary assets occurs when two entities swap nonfinancial assets. The accounting for a nonmonetary transaction is based on the fair values of the assets transferred. This results in the following set of alternatives for determining the recorded cost of a nonmonetary asset acquired in an exchange, in declining order of preference: At the fair value of the asset transferred in exchange for it.

Auditing 40

Auditing Accounting Accounting 40

Accounting Today

APRIL 16, 2024

Top 25 firm Marcum has released a new AI tool called AskMarcum.ai, which has been in development for 18 months and is already being used by its professionals.

165

165

Accounting Tools

APRIL 16, 2024

What is a Pocket Price? The pocket price is the list price minus discounts , rebates, promotions, free freight, and similar offers. The contribution margin of a sale transaction can be determined by subtracting the cost of goods sold from the pocket price. For example, a business sells a product that has a list price of $100. There are associated discounts and rebates totaling $20, so the pocket price is $80.

40

40

Accounting Today

APRIL 16, 2024

Embracing artificial intelligence can help firms transition from traditional to holistic client services based around advisory offerings.

154

154

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

Dext

APRIL 16, 2024

Is getting to grips with AI on your to-do list this year? With AI trends in accounting among the hottest topics in the industry, you might be planning to investigate how the technology can save time or improve efficiency.

Bookkeeping 40

Bookkeeping Accounting Accounting 40

Accounting Today

APRIL 16, 2024

Short-seller Hindenburg had alleged 'major irregularities' and 'manipulated earnings' at the Swiss fintech.

Accounting 150

Accounting Accounting Financial Reporting Auditing 150

Accounting Today

APRIL 16, 2024

Clock ticks on 2020 returns; remembrances; what's ahead for marketing tech; and other highlights from our favorite tax bloggers.

Tax 145

Tax 145