Tue.Jul 30, 2024

article thumbnail

New forms, new regulations: Top changes out of the IRS

Accounting Today

The Internal Revenue Service has introduced new measures for streamlining reporting of renewable energy credits, as well as final rules on corporate stock repurchases and cryptocurrency transactions.

Tax 336
article thumbnail

Unlocking Business Insights with QuickBooks Dashboards

Accounting Department

In the modern business landscape, data is power. For business owners, entrepreneurs, and CEOs, QuickBooks stands as a beacon, illuminating the path with insightful dashboards that transform raw financial data into strategic insights. The mere mention of 'dashboard' may conjure images of speedometers and gauges, which is apt considering QuickBooks dashboards are designed to keep your finger on the pulse of your business functions.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Misconceptions and mismatches: Dealing with the staff shortage

Accounting Today

Tax pros share their thoughts on what's driving the pipeline problem, and some short-term fixes.

Tax 328
article thumbnail

How Intuit transformed tax filing experiences for millions of consumers with AI/GenAI this tax season

Intuit

For years, Intuit has leveraged artificial intelligence (AI) to transform how consumers and businesses manage their finances for the better. Deploying these technologies responsibly and at scale is no easy feat. Through early investments in building an AI-driven expert platform, where AI supercharges human experts, and human experts supercharge AI , Intuit is serving customers at the cutting edge of today’s AI and data revolution.

Tax 279
article thumbnail

Forecasting Failures Are Costly: Here's How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

article thumbnail

Undocumented immigrants in US pay nearly $100B in taxes

Accounting Today

New report finds undocumented immigrants pay more than a quarter, about 26%, of their income in taxes, in line with the median taxpayer.

Tax 317
article thumbnail

Improve Invoice Matching Rates in Your School or MAT

Compleatable

Watch: Improve Invoice Matching Rates in Your School or MAT Fill in the form to access the video recording of our Compleat Education webinar looking specifically at boosting your invoice matching rates. Name Work Email Address Job Title Watch the video Improve Invoice Matching Rates in Your School or MAT The post Improve Invoice Matching Rates in Your School or MAT first appeared on Compleat Software.

Invoicing 130

More Trending

article thumbnail

Do You Have a Migration Story to Share?

Insightful Accountant

Murph wants to know if you have a story to share regarding migrating from QuickBooks Desktop to QuickBooks Online. We are looking for contributors with either a 'great' experience, a 'bad experience', or both.

article thumbnail

Schumer plans vote on stalled tax extender bill in Senate

Accounting Today

Senate Majority Leader Chuck Schumer, D-New York, announced plans to bring up a vote on the Tax Relief for American Families and Workers Act later this week.

Tax 306
article thumbnail

The 19 Best Accounting Podcasts to Listen To

Future Firm

Looking for the best accounting podcasts on the market? Good news for you, because I've curated the 19 absolute best ones around. The post The 19 Best Accounting Podcasts to Listen To appeared first on Future Firm.

article thumbnail

Pennsylvania to join IRS Direct File free tax program

Accounting Today

The Keystone State will become the 15th to join the IRS's free tax program next filing season.

Tax 302
article thumbnail

Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

article thumbnail

Get More 'Murph'

Insightful Accountant

When you subscribe to Be Insightful, you will actually be able to "get more 'Murph'." Murph will still write informative news and informational articles for Insightful Accountant, but he will be writing in-depth coverage within Be Insightful.

article thumbnail

Small-business job growth lagged in July

Accounting Today

The hiring pace at small businesses dropped slightly in July, payroll processor Paychex reported Tuesday, but wage growth remained consistent.

Payroll 182
article thumbnail

Royalwise OWLS: The Banking Center in QBO

Insightful Accountant

Attention all small business owners and accountants! Are you tired of spending countless hours manually entering data into QuickBooks? Our tutorial on QBO Banking will teach you how to take advantage of the powerful Banking Feed feature in QBs.

article thumbnail

KPMG, Armanino add generative AI to audit tools

Accounting Today

Generative AI continues to build in the accounting world, as both KPMG and Armanino announced new capacities in their respective audit tools.

Auditing 150
article thumbnail

Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

article thumbnail

Royalwise OWLS: Reconciling in QBO

Insightful Accountant

Attention all small business owners and accountants! Are you tired of spending countless hours manually entering data into QuickBooks? Our tutorial on QBO Banking will teach you how to take advantage of the powerful Banking Feed feature in QBs.

article thumbnail

Our Favorite Government Frauds: An Interview with the Hosts of "Oh My Fraud"

Earmark Accounting Podcast

Greg Kyte and Caleb Newquist of the Oh My Fraud podcast share their favorite government fraud cases they've covered on the Oh My Fraud podcast, including Rita Crundwell's $53 million municipal fraud in Dixon, Illinois, and Claudia Viles' $500,000 tax-collector fraud in Anson, Maine. They also examine the "Fat Leonard" Navy contracting fraud, Eddie Tipton's lottery rigging scheme, and some pandemic-related frauds like PPP and EIDL abuse.

CPA 45
article thumbnail

How to become a CPA

Accounting Tools

What is a CPA? A certified public accountant is an accountant who has passed all parts of the CPA examination, as administered by the American Institute of Certified Public Accountants , and who has completed all additional work and educational requirements of their local state accounting regulatory agency. A CPA is authorized to render an opinion on the fairness of a client's financial statements.

CPA 40
article thumbnail

The Importance of Credit Management for B2B Businesses

oAppsNet

In B2B (business-to-business) transactions, effective credit management is not just an option — it’s a necessity. Proper credit management practices ensure businesses maintain a healthy cash flow, minimize risks, and build strong client relationships. Understanding the significance of credit management in the B2B context can help companies navigate financial challenges and achieve sustainable growth.

article thumbnail

How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

article thumbnail

In the blogs: Feeling your pain

Accounting Today

High-income backdown; Direct File collision; the vaping excise mess; and other highlights from our favorite tax bloggers.

Tax 140