Mon.Jan 13, 2025

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LA fire victims get tax relief

Accounting Today

The IRS has pushed back filing and payment deadlines for those affected by the wildfires to Oct. 15.

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Introducing ‘Your business supercharged’

Xero

Were excited to unveil our new tagline: Your business supercharged. This is more than just a statement. Its about helping you achieve your business goals. But its also about the journey, the passion and freedom to do what you love. Ultimately, its about helping you unlock your full potential. Time for change Your business supercharged is a reflection of our unwavering commitment to you and the value we hope to provide every day.

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Caseware appoints David Marquis as CEO

Accounting Today

Caseware announced it has appointed David Marquis, a five-year Intuit veteran, as its new CEO.

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How to turn your New Year’s resolutions into solutions with apps

Xero

Got aspirations for your small business in 2025? The most important part of making New Years resolutions is creating a plan on how you will achieve them and then taking action. Whether you want to grow your business or take a step back and spend less time at work, apps might just be the secret weapon to reaching your goals. This year, turning your business resolutions into solutions might be as simple as connecting a new app to Xero.

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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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OSCPA names next president

Accounting Today

Laura Hay will succeed Scott Wiley as president and CEO of the Ohio Society of CPAs. She will be the first woman and first CPA to lead the organization.

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Managing Taxes as a Freelancer or Self-Employed

Counto

Managing Taxes as a Freelancer or Self-Employed Managing your taxes as a freelancer or self-employed individual in Singapore might seem daunting at first, but with the right approach, it can be straightforward and manageable. This guide provides a clear and concise overview of what you need to know about handling your tax obligations effectively, leaving you more time to focus on growing your business. 1.

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Digital Business Accounts vs. Traditional Business Accounts: Which is Right for Your Small Business?

Counto

Digital Business Accounts vs. Traditional Business Accounts: Which is Right for Your Small Business? In todays rapidly evolving business landscape, managing finances efficiently is crucial for small business owners in Singapore. Whether youre a new entrepreneur or a seasoned business owner, choosing the right type of business account can significantly impact your operations.

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Art of Accounting: Perception vs. reality for tax audit fees

Accounting Today

Delivering an invoice for any service, including a tax audit, is a marketing activity, and it cannot be assumed that the client understands the value.

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How to prevent order discrepancy with automated PO-SO matching

Nanonets

If you run a distribution business, you know the drill: A customer rejects an invoice over a purchase order discrepancy, their payment terms reset, and they sit on your working capital while you pay 9%+ interest. Let’s explore how a mid-sized distributor solved this by scaling their purchase order-sales order verification process before shipping – without adding headcount or disrupting existing workflows.

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Boston mayor revives push for homeowner tax relief

Accounting Today

The refiled proposal would cut the tax rate for the current fiscal year or provide residential rebates if such a reduction isn't approved by March.

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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 race to reform CPA licensing — which state will be next?

Blake Oliver

The race to reform CPA licensing is ON. And it's moving faster than expected. Scott Wiley, President of the Ohio Society of CPAs, shared some amazing numbers with me: 30+ states plan to file reform bills in 2025. Not more committeesactual legislation. Here are the details What's happening RIGHT NOW: 7 states already have bills filed California (#1 for CPA population) files next month 9 of the 10 largest CPA states are planning bills Together, these states represent 75-80% of ALL US CPAs Who's a

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Biden bars cooking oil imports from tax credit

Accounting Today

The tax incentive that took effect on Jan. 1 is part of President Joe Biden's signature climate law, the Inflation Reduction Act.

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Professional Stature of a ProAdvisor

Insightful Accountant

Murph keys you in on traits that our past ProAdvisors of the Year have exemplified and why "professional stature puts the 'Pro' in ProAdvisor.

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Ex-WWE CEO Vince McMahon settles SEC case on non-disclosure

Accounting Today

Vince McMahon, the former chief executive officer of World Wrestling Entertainment Inc., hid hush-money settlements he negotiated with a former employee and company contractor, leading to incorrect financial statements in 2018 and 2021, the Securities and Exchange Commission alleged.

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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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Tomorrow's QB Talks: ProAdvisor Training Opportunities

Insightful Accountant

Murph and guest co-host Kim Noh will discuss both the ProAdvisor and Intuit Academy training opportunities for ProAdvisors, Accountants, Bookkeepers and Tax Preparers.

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The SEC should reject the PCAOB's firm reporting mandates

Accounting Today

Hindering the audit marketplace creates risk for the investing public, says the AICPA's Sue Coffey.

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Maintaining a High-Performance Culture While Scaling Your Tax Practice

Insightful Accountant

In today's rapidly evolving tax landscape, growing a practice while maintaining its entrepreneurial spirit and team cohesion presents unique challenges. The principles of maintaining startup agility while establishing boundaries can impact.

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What Is an Approval Matrix and How Does It Work?

Tipalti

Learn what an approval matrix is, how it works, and why it's essential for streamlining workflows and improving decision-making processes.

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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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IRS: California Wildfire Victims Qualify for Tax Relief

Insightful Accountant

The Internal Revenue Service announced tax relief for individuals and businesses in southern California affected by wildfires and straight-line winds that began on Jan. 7, 2025.

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The Annual Review

1st Step Accounting

At least once a year, I take a moment to review how our tax season went. There are 3 main things I look at – our process, technology, and average delivery time. After reviewing the 2023 tax year season, I realized there was some work that needed to be done. The data revealed some realities that I did not like, and some lessons emerged from this internal discussion.

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The Top Spendesk Alternatives In 2025

Tipalti

Looking for the best Spendesk alternative? See how Spendesk compares to Payhawk, Pleo, and Tipalti. Find the best spend management software for your business today.

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Federal Employee Payroll Deduction Loan

Black Ink Tax & Accounting

Table of Contents Federal Employee Payroll Deduction Loan: loans for federal employees Financial stability is vital when it comes to […] The post Federal Employee Payroll Deduction Loan appeared first on bitaccounting.

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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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Plooto Alternatives Comparison for Canadian Companies

Tipalti

Explore top-rated Plooto alternatives designed to seamlessly integrate with your Canadian businesss current financial software setup. Compare features, pricing and reviews.

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These legal cases will determine regulatory power in 2025 and beyond

Accounting Today

Lawsuits before the Supreme Court and in lower federal courts across the country could further reduce enforcement powers at the IRS and the SEC this year.

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Dragoman

Tipalti

Tipalti transformed Dragomans payment operations by automating processes and integrating with the companys accounting software.

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SALT deduction cap talk with Trump 'positive,' lawmakers say

Accounting Today

Trump has expressed interest in reviewing options for adjusting the cap on the state and local tax deduction but is not currently advocating for a specific fix.

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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.

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Intuit names Matt Idema as new leader of Mailchimp

Intuit

Intuit shared today that Matt Idema will step into the role of Senior Vice President, Mailchimp. Matt comes to Intuit with a strong understanding of how businesses use marketing tools to grow their customers, making him uniquely familiar with the challenges small and mid-market businesses face. His background dovetails perfectly with the vision Intuit shared when it acquired Mailchimp in 2021, which is to be the center of small business growth and help small businesses with their pressing need t

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Recording Charity Donations in Bookkeeping for Small Businesses in Singapore

Counto

Recording Charity Donations in Bookkeeping for Small Businesses in Singapore Contributing to charitable causes is a powerful way for a small business owner in Singapore to give back to the community. Beyond the social good, charitable donations can also provide significant financial benefits. Under Singapore’s tax laws, businesses can claim a tax deduction of up to 2.5 times the value of donations made to approved Institutions of a Public Character (IPCs).

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How to Improve the Candidate Experience: 8 Strategies

Fit Small Business

Creating an exceptional candidate experience isnt just about filling positionsits about building relationships and showcasing your companys commitment to people from the very first interaction. Here are 8 strategies on how to improve your candidate experience. 1. Highlight Your Company Culture Think of your company culture as a living, breathing ecosystem that candidates want to.

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Understanding Unbanked Employees and How to Pay Them

Fit Small Business

A significant portion of the workforce remains unbankedwithout access to basic banking servicescreating challenges for both employees and employers. Understanding this population and their barriers to banking is essential for building inclusive workplaces and ensuring secure and efficient pay distribution. What Is an Unbanked Employee? An unbanked employee is an individual who does not have.

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Unlock The Blueprint: How To Construct A Better Payment Workflow

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.