Thu.Jan 09, 2025

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The best and worst states for sales taxes

Accounting Today

Data from the Tax Foundation's 2025 State Tax Competitiveness Index ranked which states compete on sales and excise taxes, and which don't.

Tax 243
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Maximizing Profit Opportunities with Strategic Financial Forecasting

Accounting Department

In the current competitive environment, small and medium-sized businesses (SMBs) must leverage every possible advantage to succeed and expand. Forecasting is a powerful tool that can greatly influence a company's financial success.

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Learning from your failures

Accounting Today

Here are some life lessons I've learned from dusting myself off in sports, academics and my accounting career.

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Why Your Non-Profit Needs Smarter Purchasing and Accounts Payable Practices

Compleatable

Managing a non-profit organization is no small feat. From juggling fundraising efforts to overseeing operations, every decision you make has a ripple effect on the communities you serve. In this context, one often-overlooked area that can deliver significant impact is how purchasing and accounts payable (AP) processes are managed. Adopting smarter practices in these areas isnt just an operational upgradeits a strategic move that can save time, reduce costs, and amplify your mission.

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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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IRS Free File starts Jan. 10

Accounting Today

The program will start accepting individual returns to be held for filing once tax season kicks off.

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The Top Accounts Payable Trends to Watch in 2025

Ascend Software blog

The world of finance and accounts payable (AP) is buzzing with innovation, and 2025 is shaping up to be the year of transformative trends. If youre looking to optimize your AP process and stay ahead of the curve, these are the top trends you need on your radar. (Spoiler: AP automation is a star player!

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Understanding GST on Imported Digital Services

Counto

Understanding GST on Imported Digital Services As a small business owner in Singapore, you’re likely using a variety of digital services to streamline your operations, from cloud-based software to e-commerce platforms and marketing tools. However, recent changes in tax regulations have introduced GST on imported digital services , which may impact your businesss bottom line.

Tax 52
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M&A roundup: Big firms get bigger

Accounting Today

EisnerAmper merges in HDA Accounting; BDO USA adds Blue Beyond Consulting; and Brady Martz welcomes Green & Miller.

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GST Registration for Small Businesses

Counto

GST Registration for Small Businesses As a small business owner in Singapore, understanding when and how to register for GST is key to managing your tax obligations and staying compliant with the law. GST (Goods and Services Tax) is a tax that businesses in Singapore need to account for when they reach a certain turnover threshold, but the process of registration can often be unclear.

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IRS, Treasury finalize rules for clean energy investments in low-income communities

Accounting Today

The Treasury Department and the Internal Revenue Service have released final rules and procedural guidance for the Section 48E(h) Clean Electricity Low-Income Communities Bonus Credit Amount Program.

Tax 130
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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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Not Being An ‘Order Taker’ and Ditching $250/$300 Clients w/ Shannon Weinstein

Jetpack Workflow

Podcast Summary In this episode of the Grow Your Firm Podcast, host David Cristello welcomes Shannon Weinstein , the CFO for small businesses transitioning from seven to eight figures and President of Keep What You Earn. Shannon shares her unique approach to hiring, emphasizing the importance of crafting compelling job descriptions that sell the company to prospective candidates.

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AAM opens marketing award nominations, launches business development award

Accounting Today

The Association for Accounting Marketing is accepting nominations for the 2025 Marketer of the Year Award and launched the Business Developer of the Year award.

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What Should Bench Clients Do Now That Employer.com Has Taken Over?

Bookkeeping Express

With the recent acquisition of Bench Accounting by Employer.com, many small business clients are wondering what this transition means for their bookkeeping needs. Benchs abrupt shutdown left numerous clients with incomplete books for 2024, and while Employer.com plans to rehire Bench employees and restart its proprietary technology, the path forward is far from clear.

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Net at Work buys Sage and Acumatica practices from e2b

Accounting Today

Business and tech consultancy Net at Work has acquired the Sage and Acumatica practices of accounting and ERP product reseller and developer e2b teknologies.

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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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Top Remote Accounting Candidates for Hire | January 9, 2025

accountingfly

Top Remote Candidates This Week Are you in need of remote accountants? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of this week’s top remote tax and accounting candidates. Sign up now to receive the full list of available top accounting candidates on a weekly basis!

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Extra filing time granted for Carter remembrance

Accounting Today

Any returns or payments due on Jan. 9 can be sent in on Jan. 10.

Tax 130
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Murph's 2025 Cybersecurity Software Survey Part 1

Insightful Accountant

Murph is back with his survey of various Cybersecurity software and hardware, ranking them into a composite five point score. In this edition (part 1) he reveals his Top 20 Anti-virus applications.

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UBS set to settle Credit Suisse US tax evasion case, WSJ reports

Accounting Today

UBS Group is close to making a settlement of at least hundreds of millions of dollars over violations by Credit Suisse of a decade-old agreement with the DOJ.

Tax 130
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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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How Much is a ProAdvisor Worth?

Insightful Accountant

It's been several years since an "Average Billing Rate Survey" was conducted for the ProAdvisor community. We are asking for your participation in this (non-scientific) survey of billing rates and methods.

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Accounting Firm Business Plan (Free Template + Instructions)

Future Firm

Use this accounting firm business plan template to get clear on where you want your firm to go and how you'll get there. The post Accounting Firm Business Plan (Free Template + Instructions) appeared first on Future Firm.

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New Cryptocurrency Reporting Requirements Impact Tax Season 2025

Insightful Accountant

Starting January 1, 2025, the implementation of Form 1099-DA and finalized crypto reporting regulations will significantly impact your tax preparation practice.

Tax 52
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How to Manage GST for E-commerce and Online Businesses

Counto

How to Manage GST for E-commerce and Online Businesses If you’re running an online business or providing digital services in Singapore, its essential to understand how Goods and Services Tax ( GST ) applies to your business. Whether you’re selling physical products or offering digital services, staying compliant with GST regulations is crucial for smooth operations.

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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.

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Embracing AI and Advisory Roles: Profit First with Debra Angilletta

Insightful Accountant

Join host Gary DeHart in an insightful conversation with business advisor Debra Angilletta, renowned for implementing the Profit First system in over 300 companies.

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What Does Cyber Insurance Cover?

Fit Small Business

Whether it is a health system, municipal government, or a local small business, the news is increasingly filled with stories of a business suffering a data breach and being hacked. While cyber insurance cannot prevent a hacker from trying to hold your business hostage, it can help your small business respond to a cyberattack and. The post What Does Cyber Insurance Cover?

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IRS Reminder: Final 2024 Quarterly Estimated Tax Payment Due Jan. 15

Insightful Accountant

The Internal Revenue Service today encouraged taxpayers who paid too little tax in 2024 to make a fourth quarter estimated tax payment on or before Jan. 15, 2025.

Tax 52
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Ways to Improve DSO

oAppsNet

Days Sales Outstanding, known as DSO, is one of those business measures that can reveal hidden challenges. When your DSO is higher than you want, you wait longer to collect money for the goods or services you sell. This wait can pressure your cash flow, affecting everything from paying staff on time to investing in new projects. If you have trouble paying your bills, it can also strain vendor relationships.

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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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Can I Cash a Check Made Out to My Business Without a Business Bank Account?

Fit Small Business

The short answer to this question is no. Due to regulatory changes, this process has been refined over the years and generally requires a business relationship with a bank. Walking into a bank, endorsing the back of a business check, and requesting cash is not handled like it once was. Under certain circumstances, this may. The post Can I Cash a Check Made Out to My Business Without a Business Bank Account?

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How to Select the Right Managed Security Service Provider?

Ace Cloud Hosting

A managed security service provider (MSSP) enhances your cybersecurity posture colossally. Can you easily manage and analyze countless security tools? Does your in-house team have world-class security knowledge? Do you.

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How long does it take for an amended tax refund?

Black Ink Tax & Accounting

Table of Contents How long does it take for an amended tax refund? When an error is noticed on your […] The post How long does it take for an amended tax refund? appeared first on bitaccounting.

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Top Sage Intacct AP Automation Solutions for Canadian Businesses

Tipalti

Explore top AP automation tools for Canadian businesses using Sage Intacct, designed to improve efficiency, simplify payments, and streamline accounts payable processes.

AP 40
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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