Wed.Jan 10, 2024

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IRS move narrowing access to tax data sparks lender outrage

Accounting Today

The agency plans to restrict access to a system that provides borrower tax returns to mortgage lenders beginning June 30. Left out of the loop, small-business lenders say getting credit to borrowers will become more difficult as a result.

Tax 326
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Velocity Hacks: How to Work Smarter, Not Harder

Intuit

In today’s fast-paced world, the rate of change might feel like being on a busy freeway or chasing the speed of light. At work, we need to keep up with the rapid (and constant) advancements in technology, making it difficult to maintain a balance between being efficient and delivering quality results. And we’ve become conditioned to expect speed and quality outside of work, too.

Auditing 325
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Global firms face radical tax changes if minimum levy bites

Accounting Today

The global 15% minimum tax will deliver a significant boost to government revenues and reshape the landscape for multinationals that shift profits around the world.

Tax 304
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The Power of Collaborating with Client Accounting Services for Business Growth

Accounting Department

Business growth is a key objective of any entrepreneur, but it is not always easy to achieve. There are many components, including having the appropriate financial infrastructure in place. This is where outsourced client accounting services come in.

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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

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Paper processing still a major problem for IRS: NTA

Accounting Today

Responses times for tax professionals are also a problem, according to the National Taxpayer Advocate's Annual Report to Congress.

Tax 317
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Best Laptops for CPAs and Accountants this Tax Season

Ace Cloud Hosting

During tax season, CPAs face numerous responsibilities; as they deal with clients directly, they must ensure a proper workflow. A laptop should have all the features that enhance work flexibility.

Tax 111

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New Year, New Outlook: 4 Ways to Grow Your Firm

Insightful Accountant

After a break with too many desserts and not enough gifts, it's time to get back to work. Instead of focusing on losing weight or setting a budget, let's concentrate on helping teams and clients prosper. Take action with these four growth strategies.

Budgeting 105
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Liberty Tax to pay $750K over 'cash in a flash' promises

Accounting Today

The Washington, D.C., Attorney General's office accused the tax prep chain of illegally overcharged thousands of residents and misleading consumers.

Tax 240
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Tax Tips for Accountants With Gambling Clients

Blake Oliver

The legalization of sports betting and online gambling has led to an explosion in gaming across America. With millions trying their luck, complex tax rules for reporting and deducting gambling winnings and losses present new challenges for taxpayers. From W-2Gs to 1099-Ks, the IRS reporting requirements leave much confusion. That’s why the deep expertise of Zachary Zimbile offers such a valuable perspective.

Tax 80
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AICPA & CIMA to recognize accounting educators

Accounting Today

The AICPA & CIMA have begun accepting nominations for their EDGE in Teaching Awards and Distinguished Achievement in Accounting Education Awards.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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Amazon Q – GenAI for Work

Ace Cloud Hosting

Have a Question? Why not ask your new AI assistant, Amazon Q(uestion)? On Nov-28th, 2023 at Amazon Web Service’s (AWS) yearly conference, ‘the re:Invent 2023’, Amazon unveiled Amazon Q. This.

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Illinois CPA Society hosts 41 internship prep scholars

Accounting Today

The Illinois CPA Society and its affiliated CPA Endowment Fund of Illinois recognized the 12th and largest group of young people to date to complete its Mary T. Washington Wylie Internship Preparation Program.

CPA 200
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Top 15 Task Management Apps For 2024: A Comprehensive Review

Invoicera

Introduction Finding the right task management app is like discovering the magic wand for efficiency—it’s the key to unlocking your productivity and paving the way to success. Managing tasks in the right way is really important to increase productivity. But remembering and handling multiple tasks manually seems like a daunting task. This thought leads to the need for tools that can automate task management.

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Cybersecurity for CPAs: Don't stop adapting

Accounting Today

In this month's cybersecurity for CPAs, we look at a small firm whose cybersecurity was not keeping up with the times.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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XBRL Filing for Companies in Singapore

Counto

XBRL Filing for Companies in Singapore In Singapore, companies are required to file their financial statements in XBRL (eXtensible Business Reporting Language) format with the Accounting and Corporate Regulatory Authority (ACRA). This standardised language streamlines financial reporting and analysis, benefiting both companies and regulators. In this blog post, we will explore XBRL filing, its requirements, and its benefits for companies in Singapore.

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The best accounting software for small biz, and other tech stories you may have missed

Accounting Today

Plus, more 'best of' lists, talking to ChatGPT, and other things that happened in technology this past month.

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Your Words Matter

Future Firm

How others perceive you and your firm can be impacted by your choice of words. Discover which words you should and shouldn't use. The post Your Words Matter appeared first on Future Firm.

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Hochul rejects New York tax hikes, touts NYC housing breaks

Accounting Today

Governor Kathy Hochul called for a new tax break to promote affordable housing and increase support for fighting crime in New York City.

Tax 189
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Back to Basics with Reconciliations

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.

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What is Absentee Payroll in Singapore? How to Apply

Counto

What is Absentee Payroll in Singapore? How to Apply In Singapore, businesses have a unique opportunity to invest in the development of their workforce through the Absentee Payroll (AP) scheme. This government initiative, administered by the Singapore Workforce Development Agency, aims to partially cover the manpower costs associated with sending employees for training or workshops.

Payroll 52
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What accountants and their clients should know about life insurance

Accounting Today

What you don't know can hurt you as it pertains to your clients as well as your own life insurance portfolio.

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Why Accounting Firms Buy Workflow Management Software

Jetpack Workflow

Accounting workflow management software is not a new technology to the industry. Yet, there are hundreds of firms who have yet discovered the value this software plays into getting their work done on time, every time. Even growing services and departments like client accounting services (CAS) are often just discovering that a beneficial tool exists for them to utilize!

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PKF O'Connor Davies merges in Robert Philipson

Accounting Today

The deal will deepen PKFOD's private client services offering.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

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

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Crypto 101 for Accountants and Bookkeepers | Webinar Archive

Insightful Accountant

Cryptocurrency is continually evolving, that's why you need an expert who can not only understand the landscape but anticipate where it’s heading. Check out the archive of January 2023's Crypto 101 for Accountants and Bookkeepers webinar to find out!

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Construction Firm Ensures Lean Operations with AvidXchange

AvidXchange

How Full-Service Commercial Construction Firm Massaro Construction Group Uses AvidPay Purchase-to-Pay AP Solution for Invoice Processing Founded in 1967, Massaro Construction Group (MCG) is a privately held commercial construction company that offers a complete spectrum of construction services, including general contracting, construction management and 24/7 emergency response services.

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Multicurrency In QuickBooks Desktop | Webinar Archives

Insightful Accountant

Esther is the "go to" person for Multicurrency in QuickBooks and has "written the book", literally, on Multicurrency in QuickBooks Desktop. Check out the archive of January 2023's Multicurrency In QuickBooks Desktop webinar to find out more!

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Mailchimp API: The Gateway to Advanced CRM and Marketing Excellence

Nanonets

Mailchimp as a CRM In the digital marketing world, Mailchimp is renowned for its robust email marketing capabilities and user-friendly interface. It has over 600,000 customers, over 50% of which are based outside the United States, and it is one of the top marketing automation platforms in the market. However, beyond its core features, Mailchimp also offers advanced functionalities through its API key and serves as a versatile Customer Relationship Management (CRM) platform.

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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

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QB Talks January - QuickBooks Enterprise 23.0 | Webinar Archives

Insightful Accountant

Insightful Accountant loves delivering informative and educational content to help professionals stay up-to-date with the latest advancements in QuickBooks. Check out the archive of January 2023's QB Talks: QuickBooks Enterprise to find out more!

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Mastering Slack Integrations with GitHub, Pipedrive, and Zoom

Nanonets

Getting the Most Out of Slack Integrations Team collaboration tools are the linchpin of successful and efficient workflows in organizations today. Among these tools, Slack stands out as a powerhouse for team communication, offering a platform where conversations, file sharing, and tools integrate seamlessly. Users spend about 9 hours logged in on Slack on the weekdays, and the app has over 300,000 companies as customers.

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Share Certificates for Companies in Singapore

Counto

Share Certificates for Companies in Singapore In the realm of business ownership, share certificates play a pivotal role in establishing ownership and proving a stake in a company. For companies in Singapore, understanding the intricacies of share certificates is essential. In this comprehensive guide, we delve into the world of share certificates, shedding light on their purpose, contents, issuance, and more.

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How to automate your Expense Approval Process

Nanonets

Remember the time when a single misplaced receipt could derail the entire expense reporting process in a company? Well, those days are long gone. In today's lightning-fast business world, the efficiency of expense management isn't just a nice-to-have, it's a must-have for a thriving company. Streamlined expense approvals are not just about speed; they're about smart business.

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Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.