Mon.Oct 16, 2023

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EAs call on IRS to restart balance due notices

Accounting Today

The National Association of Enrolled Agents is asking the Internal Revenue Service to resume sending reminder notices immediately to non-filers and those with balances due of more than $10,000.

Tax 338
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Powering A More Sustainable Future Through Solar Energy in Virginia and West Virginia

Intuit

In support of our Climate Positive Program’s commitment to reduce 2 million metric tons of carbon dioxide equivalent emissions outside our operations by 2030, we are investing in equitable deployment of sustainable solutions like renewable energy. The program aims to support a ‌transition to 21st-century renewable energy sources coupled with job and learning opportunities for students in underserved communities.

Billing 246
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Emerging risks for accountants

Accounting Today

Stephen Vono and John Raspante of McGowan Pro look at the new areas that are sparking claims against firms — and the tools they can use to protect themselves.

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My Favorite Newbies – QuickBooks Desktop 2024

Insightful Accountant

As the last piece in our QuickBooks Desktop 2024 series, Murph is giving us another of his favorite feature picks or, as he likes to call them, "his favorite newbies.

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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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IRS uses Inflation Reduction Act funds to bridge tax gap

Accounting Today

The Internal Revenue Service is trying to leverage the extra funding to collect more taxes, but has spent surprisingly little so far.

Tax 321
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ADP Research Institute Launches Today at Work

Insightful Accountant

The new resource for business leaders helps accountants share this quarterly workforce report with their clients looking for actionable insights to improve business operations.

More Trending

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Billing Compliance: 4 Things You Need to Know

Billing Platform

Although frequently associated with medical billing, billing compliance affects all industries with varying degrees of difficulty. For instance, leveraging a variety of payment intervals (monthly, annual, usage-based) and diverse pricing strategies, software-as-a-service (SaaS) companies face additional accounting process complexities that can directly affect billing compliance.

Billing 52
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Pritzker says he'd veto any Chicago financial transaction tax

Accounting Today

The Illinois governor's comments follow months of speculation over how Chicago Mayor Brandon Johnson plans to raise revenue to tackle the city's embattled finances.

Tax 305
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Onboarding Initial Strategy Sessions With CSI: Cost and Value

CSI Accounting & Payroll

When you’re first starting with an accounting firm, the onboarding period is the most critical for your business. However, some small business owners still have hesitations about how much onboarding costs and how much value it will actually provide them. Is it worth it? At CSI Accounting & Payroll, we’ve fine-tuned our onboarding process over the past 50+ years.

Payroll 52
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Extra time for California storm victims' taxes

Accounting Today

Residents in 55 out of 58 counties have an extra month to file and pay.

Tax 249
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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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Product Release Notes September 2023

CloudZero

One of CloudZero’s overarching missions is to remove unnecessary work from engineering teams. Engineering teams are successful when they spend the majority of their time building new products and features — not fixing tags, not chasing down cost spikes, and not finding ways to account for surprise monthly bills.

Billing 52
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Accounting groups work on public sector sustainability assurance

Accounting Today

The ACCA, IFAC and the INTOSAI Development Initiative are teaming up on guidance on sustainability reporting and assurance for the public sector.

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Accounting starting salaries are going up — but not faster than inflation

Blake Oliver

"ACCOUNTING SALARIES RISE AS TALENT PIPELINE SHRINKS" — that was the headline this past week in a major accounting news publication. So, are all our problems solved? Sadly, no. ? Jason Bramwell over at CPA Practice Advisor dug into the data from Robert Half that prompted this headline. His analysis found that starting salaries for tax are increasing 3.6%, and starting salaries for audit are going up 3.8% in 2024.

CPA 52
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Altice employees raised red flags years before corruption probe

Accounting Today

The telecommunications company replaced Deloitte as its auditor with KPMG International. The decision was questioned by shareholders.

Auditing 195
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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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Handyman Service Receives Faster Payments with AvidXchange

AvidXchange

David Rothenberg is the owner of A Plus Handyman Services based in Cranston, Rhode Island. He currently employs four full-time workers and several contractors. The company does handyman projects including repairs and renovations for commercial clients in Rhode Island, Massachusetts and Connecticut. Customer Profile Name: David Rothenberg, Owner, A Plus Handyman Services Industry: Repair and Maintenance Year Joined: 2022 Accounting System: QuickBooks Product Used: Invoice Accelerator The Challeng

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Getting the story right on accounting

Accounting Today

The AICPA's CEO of public accounting explains why the profession's future is much brighter than some would have you believe.

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How an AWS EDP Can Deliver Value Throughout Your Cloud Journey

finout

What is AWS EDP? Learn what the Enterprise Discount Program includes, and how it delivers value throughout your cloud journey.

FinOps 52
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A PCAOB proposal that goes too far?

Accounting Today

A lawyer questions whether expanded regulatory enforcement powers will lead to better-quality audits.

Auditing 150
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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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Steps to Capitalize on AWS EDP

finout

What is AWS EDP? In this guide, we will take a closer look at how to maximize the benefits of AWS EDP to ensure your business gains its full potential.

FinOps 52
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Day 2 lease accounting: Continual monitoring

Accounting Today

Sustaining post-day two compliance requires a rigorous focus on optimizing processes for ongoing management of lease accounting data and entries.

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How an IRS contractor leaked tax data on Donald Trump, Jeff Bezos and Elon Musk

Accounting Today

The manner in which Charles Littlejohn pulled off one of the most egregious security breaches in IRS history was revealed in a court filing.

Tax 321