Thu.Jul 18, 2024

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20 states that collect the most tax per capita

Accounting Today

The top state takes in $7,200 in tax per capita.

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Maximizing Cash Flow During the Summer Slowdown

Accounting Department

Summer can be a challenging time for many businesses, with sales often dipping as customers take vacations and routines shift. But a slowdown doesn't have to mean a cash flow crisis.

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IRS updates RMD guidance

Accounting Today

The Treasury Department and the Internal Revenue Service issued final regulations Thursday to update the rules for required minimum distributions.

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Keeping Dynamics GP Fresh

Fidesic blog

Seldom used features in Dynamics GP! Keeping GP fresh with tricks you might not know.

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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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RSM acquires firms in Europe

Accounting Today

The RSM network made five strategic acquisitions in Europe, including specialist audit and consulting firms in Austria, Denmark and France, plus a prestigious law firm in Spain.

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Top Remote Accounting Candidates for Hire | July 18, 2024

accountingfly

Top Remote Accounting Candidates This Week Looking for remote accountants? Accountingfly can help! With our ‘ Always-On Recruiting ‘ program, you can access highly skilled and experienced remote accounting candidates with no upfront cost. These are just a few of our top remote accounting candidates this week. Sign up now to receive the full list of top accounting candidates available weekly!

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How to Use QuickBooks Enterprise for Order Management

Ace Cloud Hosting

One of a business’s most frequently overlooked elements is its order management. Companies must coordinate the entire process, from when customers place orders until they receive their product or service.

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Using AI to shed the constraints of the monthly close

Accounting Today

To achieve greater agility, accuracy and the foresight needed to adjust and adapt, businesses must shed the constraints of the financial close and embrace continuous accounting.

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CMiC issues new Construction Industry Survey

Insightful Accountant

If you are a ProAdvisor, Consultant, or Accountant wanting to support construction businesses as they digitally transition, you won’t want to miss this survey, which will provide valuable insights into the industry.

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It's time for tax leaders to invest in AI

Accounting Today

The time is ripe to start implementing AI in organizations to harness its power in time for next year's busy season.

Tax 267
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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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Having Trouble Budgeting? QuickBooks Online Can Help

Reconciled Solutions

Creating a budget that actually works can be tough. Use QuickBooks Online’s setup tools and these tips for more effective budgeting. The post Having Trouble Budgeting? QuickBooks Online Can Help appeared first on Reconciled Solutions.

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The road to November: What tax pros' clients think about the election

Accounting Today

Expiring provisions and a misunderstanding of how tax law is made top the list of client worries, practitioners say.

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7 Accounting Firm Acquisitions in Nine Years w/ Cory Gayman, CPA

Jetpack Workflow

Podcast Summary On this episode of Growing Your Firm, host David Cristello welcomes Cory Gayman, CPA , the CEO/CFO/Founder of JCG Tax & Advisory Firm. Cory shares insights on establishing common ground with entrepreneurs, addressing the accounting talent shortage, improving accounting efficiencies, and navigating the world of virtual firms. Tune in for valuable tips from a firm owner in the trenches.

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Study finds GDPR reduced value but increased cybersecurity

Accounting Today

A recent study looked at the impact of the European Union's General Data Protection Regulation and found that firms lost some value but, at the same time, suffered fewer data breaches.

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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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Short Term Vs Long Term Cash Flow Forecasting

Gaviti

There are two main types of cash flow forecasting: short term and long term. Short-term forecasting predicts the company’s cash flow for under 12 months, while long-term forecasting looks beyond twelve months. Financial professionals often agonize over which one to use, but most organizations need both. What is Short-Term Cash Forecasting? Short-term forecasting looks at the cash inflows and outflows over a shorter period.

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San Francisco mayor hopeful wants tax cut to spur return to work

Accounting Today

San Francisco mayoral candidate Mark Farrell has a plan to get workers back into downtown offices — and it doesn't include commuter benefits or coffee machines.

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QBO Payroll offers Employee Organization Chart

Insightful Accountant

Now, you can create an employee organization chart using QuickBooks Online Payroll.

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What Is A Phantom Tax & How Does It Work?

Invoicera

Introduction There is an idea that many people and companies never anticipate within the taxation context – phantom tax. This uncommon term refers to gross income reported for taxation purposes but not followed by an actual cash flow. In other words, income is recorded on the books but does not yet exist in cash. This situation is often associated with scenarios like stock options, forgiven debts, or income from partnerships in which income is reported before it has been received, which might

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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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There's "a lot of spammin goin on!" Intuit wise.

Insightful Accountant

Be aware—be very aware—the 'dark side' is out in force these days, with a lot of 'spamming' of phone, email, and text messages.

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What Happens To Your Credit Score If You Don’t Manage Your Debt Wisely?

Invoicera

Introduction In the financial world, your credit score is crucial for economic opportunities, but making poor choices can have lasting adverse effects. Did You Know? Experts advise maintaining your credit usage below 30% to keep your credit score high. What adverse effects result from failing to manage debt? The answer is extensive as it impacts you not only in terms of money for the present or the next few days or weeks but also significantly influences your financial future.

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Unlock the Power of Technology in Your Tax Practice: Join Our Exclusive Webinar

Insightful Accountant

Are you ready to revolutionize your tax practice? Don't miss our upcoming webinar, "Building a Tech-Driven Tax Practice” the first in an exciting series designed to help small and medium-sized tax firms thrive in the digital age.

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The Augusta Rule: What is it and how can it help me improve my tax-saving strategies?

Reconciled Solutions

Learn more about the Augusta Rule, a legal way to increase tax deductible business expenses and personal income without paying more in taxes. The post The Augusta Rule: What is it and how can it help me improve my tax-saving strategies? appeared first on Reconciled Solutions.

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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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AWS Cost Optimization: 6 Free Tools & 10 Hacks to Cut AWS Bills

finout

What Is AWS Cost Optimization? AWS cost optimization is the practice of managing and reducing cloud expenditures while maintaining performance and capacity. It involves analyzing your AWS usage and identifying areas where you can save costs without compromising the functionality of your applications.

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13 things to consider before moving from employee to owner

Reconciled Solutions

Are you ready to take the leap from employee to owner? Ask yourself these questions if you're considering starting your own business. The post 13 things to consider before moving from employee to owner appeared first on Reconciled Solutions.

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How Carbon Accounting Works: The Complete Picture

oAppsNet

Carbon accounting is essential in today’s environmental context, where businesses are held accountable for their carbon emissions. It refers to the process companies use to measure the amount of greenhouse gases they emit. This is a critical step for organizations committed to reducing their environmental impact and adhering to national and international climate mandates.

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Intuit Survey: Few Canadian high schoolers feel they have a solid understanding of personal finance terms

Intuit

Financial education has the power to improve the lives of thousands of Canadian high school students by giving them the skills they need to make informed decisions. However, new data from Intuit Canada shows a lot more work needs to be done to prepare them for life after high school. The results of Intuit Canada’s latest survey on financial education are in, and they reveal some concerning data points about how Canada’s high schoolers feel about money: 73% of Canadian high schoolers wish they un

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Crafting Impact: Revenue Growth And Efficiency For Finance Professionals

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.