Tue.Sep 03, 2024

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IRS targets large partnerships for increased audits

Accounting Today

The Internal Revenue Service is ramping up its scrutiny of large partnerships, leveraging increased funding under the Inflation Reduction Act of 2022.

Auditing 291
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Mastering the Future: How Rolling Forecasts Can Propel Your Business Growth

Accounting Department

It has been said that human capital is an organization's most valuable asset in today's climate. However, managing your financial assets is the ultimate responsibility of the company leadership. Without sound financial planning and asset management, a business can't thrive. And, ultimately, your human assets will suffer. Forecasting is an essential part of the equation.

Budgeting 188
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Hourly earnings growth fell at small businesses in August

Accounting Today

Hourly earnings growth for workers at small businesses dropped to 2.89% in August, Paychex reported Tuesday, the first time growth has been under 3% since January 2021.

Payroll 268
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Strategies to Navigate Small Business Tax Preparation

Less Accounting

Tax season can be a daunting time for small business owners. From gathering receipts to navigating complex tax codes, the process can feel overwhelming. However, with the right strategies in place, tax preparation can become a smooth and manageable task. In this post, we’ll explore some effective strategies to help small business owners navigate tax preparation with confidence.

Tax 59
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4 Things Great Companies Do to Improve Cash Flow

Speaker: Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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Accounting apps remain dominant for small biz but less than last year

Accounting Today

A recent survey has found that while small businesses still primarily use accounting software to record and manage transactions, usage dropped from 85% to 68% from April 2023 to July 2024.

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Warehouse Wednesday: Acumatica In-depth Part 5

Insightful Accountant

This is a prologue to Murph's next part of his in-depth series on Acumatica. a summary of Acumatica ERP's Wholesale and Distribution businesses that simply can't get the job done with smaller accounting solutions.

More Trending

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Accounts Payable Trends in 2024

oAppsNet

The world of finance is continuously evolving, and the accounts payable (AP) process is no exception. As businesses strive to improve efficiency and reduce costs, they increasingly turn to new technologies and strategies to optimize their AP processes. However, the adoption of these trends may also present challenges such as initial costs, staff training, and potential resistance to change.

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7 impactful tax strategies for HNW business clients

Accounting Today

This combination of trusts, credits and other tax strategies are great ways help wealthy clients protect their families and their businesses.

Tax 214
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Buying a Small Business? Avoid These 5 Common Mistakes

CSI Accounting & Payroll

When you want to buy an existing small business, you’re curious about what can go wrong – beyond just overpaying. What are the biggest mistakes that buyers make when purchasing a business? Let's discuss the five most common ones.

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One-fourth of accountants want more DEI

Accounting Today

Twenty-five percent of accounting professionals want to increase their roles in implementing diversity, equity and inclusion initiatives, per the Center for Accounting Transformation.

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The Financial Leader's Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

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4 ways fintech drives business growth

Plooto

Today’s business environment is putting pressure on businesses to be efficient and intentional with their investments. Business owners are increasingly turning to technology to overcome challenges like rising costs and difficulty accessing capital. In fact, in a 2024 survey of American small business owners , 50% said they were likely to allocate more of their budgets to technology and infrastructure.

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IRS seeks to bolster foreign trust, gift transactions rules

Accounting Today

Tax professionals are calling for changes to the proposal, even though they welcome clarifications they have been waiting on for decades.

Tax 202
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Innovative Accounting: Tech Trends Every CPA Should Know

Insightful Accountant

Accounting is evolving along with the rest of the world, and it's definitely one of those industries that will keep expanding. However, there are certain trends you should pay attention to if you want to succeed more quickly.

CPA 52
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Modernizing your tax workpapers process

Accounting Today

For too long, tax departments have longed to improve their workpapers process, but they lack the time, resources or expertise to do so.

Tax 146
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How to Select the Perfect Payments Partner: 7 Keys for Sustainable Growth

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

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Cloud in Healthcare Industry – Benefits and Use Cases

Ace Cloud Hosting

After the COVID-19 pandemic, the healthcare sector is experiencing a significant surge in innovation.

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Everything is now e-commerce: Are you ready?

Accounting Today

Welcome to the era of e-commerce accounting, where digital transactions are overtaking traditional sales.

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Intuit releases latest QuickBooks Small Business Insights

Insightful Accountant

Intuit has just released the newest edition of their quarterly QuickBooks Small Business Insights, a survey of SMB owners.

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New regs on changing accounting methods for research

Accounting Today

Revenue Procedure 2024-34 expands the waiver of the eligibility rules to accounting method changes.

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2024 Annual Trends Survey: Expense Management Insights

Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.

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IRS Reminds Taxpayers of Important Tax Guidelines Involving Online Crowdfunding

Insightful Accountant

The IRS reminds taxpayers of important tax guidelines involving contributions and distributions from online crowdfunding.

Tax 52
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Researchers teach LLMs to use spreadsheets well

Accounting Today

Microsoft researchers believe they have found a way to overcome the traditional challenges generative AI large language models have had with using spreadsheets.

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What Foreign Investors Should Know About Singapore’s Revised Company Laws

Counto

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