Tue.Oct 29, 2024

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TCJA extension or sunset: Gamechangers for professional athletes

Accounting Today

Uncertainty around sunsetting provisions should have professional athletes planning ahead on their taxes.

Tax 317
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Why CFOs Must Prioritise Their Own Efficiency: The Importance of AP Automation

Compleatable

They say that doctors make the worst patients. While I can’t confirm whether this is true, the analogy resonates deeply with me as a CFO. Just like doctors may meddle in their own diagnoses, we finance professionals often neglect our own needs, especially when it comes to the resources that would make our jobs easier. Let me explain. As finance experts, we excel at building robust budgets and forecasts.

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FASB proposes update on accounting for software development

Accounting Today

The Financial Accounting Standards Board issued a proposed accounting standards update to update the guidance on accounting for software, specifically when it comes to developing software for internal use.

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Top Best Lacerte Add-ons for Accountants and Tax Preparers

Ace Cloud Hosting

Lacerte is a renowned professional tax preparation software offered by Intuit. It provides features and tools for error diagnosis, automated calculations, tracking missing data, tax law alerts, and more. It.

Tax 75
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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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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Thomson Reuters makes major investment in AI cross-selling software

Accounting Today

Thomson Reuters has made a major investment in Propense, an AI-powered cross-selling solution, which will enable the company to expand its reach among CPA firms.

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Improving your Cash Application Processes

oAppsNet

If you’re like most businesses, your cash application process probably isn’t as efficient as it could be. Many companies struggle to reconcile incoming payments, match them to the correct customer accounts, and ensure everything is accounted for in real-time. The result? Delays in cash flow, errors, and frustration for both your team and your customers.

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Warehouse Wednesday: Autonomous Warehouse Robots

Insightful Accountant

Cyngn is bringing autonomous warehouse robots into reality just like Tesla is bringing autonomous commercial vehicles into reality.

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Small biz job growth impacted by hurricanes

Accounting Today

Job and wage growth continued at a moderate pace among small businesses in October, likely slowed by the impact of recent hurricanes down south, according to payroll company Paychex.

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Breaking News: ProAdvisor to Return to QuickBooks Badges

Insightful Accountant

Good news for hundreds of thousands of ProAdvisors, the term ProAdvisor is making its way back onto the New Badges and Certificates that have appeared over the last week or so.

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10M more 1040s by 2031

Accounting Today

The number of taxpayers filing Forms 1040 and 1040-SR are projected to increase by about 10,000,000 over the next eight years.

Tax 240
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The Growth Architect: How Financial Leaders are Unlocking Potential

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.

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Tech Solutions for Small Tax Practices: Expert Insights with Christine Gervais

Insightful Accountant

In this episode of the Accounting Insiders Podcast, Gary DeHart sits down with CPA doctoral candidate Christine Gervais to address the biggest technology challenges facing small tax practices.

Tax 52
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In the blogs: Are we ready?

Accounting Today

Foreign gifts and penalties; FBARs and the Constitution; contention and confusion; and other highlights from our favorite tax bloggers.

Tax 182
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Crunch Numbers, Not Time: Become a BooXkeeping Franchise Owner

Insightful Accountant

The bookkeeping industry is expanding rapidly, with more small and medium-sized businesses recognizing the value of outsourced financial services. Owning a BooXkeeping franchise offers a unique opportunity to leverage your expertise.

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Herbein acquires Bumpers

Accounting Today

The Pennsylvania-based Regional Leader is expanding to Delaware.

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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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Google Cloud Invests in FOCUS and GenAI to Drive the Future of FinOps

FinOps Foundation

Key Insight: Google Cloud is investing in data to help FinOps Practitioners drive the next level of business innovation. At FinOps X in San Diego in June 2024, J.R. Storment , Executive Director of the FinOps Foundation, sat down with Pravir Gupta , VP of Engineering at Google Cloud, to ask what he thinks the Future of FinOps will look like. Pravir noted that customer expectations are evolving; Practitioners need more granular and more real-time data so they can properly forecast, allocate, and

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US, Taiwan to begin talks on a deal to address double taxation

Accounting Today

Taiwan's firms see high U.S. taxes as a major impediment to additional investment in America.

Tax 173
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Beginner's Guide to Claude 3.5 Sonnet and Haiku (New)

Nanonets

What are Claude 3.5 Sonnet and Haiku ? Claude 3.5 Sonnet (New) and Claude 3.5 Haiku are Anthropic's new advanced Large Language models, among which Claude 3.5 Sonnet (New) is an upgraded version of Claude 3.5 sonnet. It offers greater efficiency, nearly doubling speed and enhancing comprehension of complex and conversational contexts. Claude 3.5 Sonnet now delivers significantly improved performance on coding and tool use tasks.

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How American tax breaks brought a Chinese solar energy giant to Ohio

Accounting Today

What looks like a domestic triumph is also a win for America's primary industrial and geopolitical rival.

Tax 173
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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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Announcing the 2024 winners of the Xero Beautiful Business Fund

Xero

We’re thrilled to announce the global and country winners of the 2024 Xero Beautiful Business Fund, who each share in the NZ$750,000 total prize pool. We were blown away by the entries from passionate small businesses and non-profits across seven countries. Our judging panels were both inspired and challenged by the task of selecting 28 exceptional winners.

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Enhance your firm's client experience

Accounting Today

Your clients have options, and the experience you offer can make and keep you the clear choice.

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