Tue.Oct 15, 2024

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Intuit cuts TurboTax ad after tax pros object

Accounting Today

The National Association of Tax Professionals criticized an ad promoting Intuit's TurboTax full-service option, saying it encouraged taxpayers to leave their professional preparers.

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Navigating the Maze of Nonprofit Accounting Hurdles

Accounting Department

Navigating the complex world of non-profit accounting can feel like a daunting task for many non-profit managers. The stakes are high as effective accounting not only keeps the organization compliant but also plays a crucial role in fulfilling its mission. For non-profits striving to maximize their impact, understanding and overcoming common accounting challenges is essential.

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After Milton, IRS grants widespread tax relief

Accounting Today

In the wake of Hurricane Milton, the IRS is pushing back filing and payment deadlines.

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2025 Industry Trends for Community Managers

AvidXchange

For community association management (CAM) companies, staying updated on industry trends is important for maintaining efficient operations, meeting evolving resident needs, and adopting new technologies. In August 2024, AvidXchange surveyed 500 accounting and finance leaders to learn their top priorities and concerns for 2025. Our “ 2025 Finance Focus ” guide shares details on the top seven trends that emerged from their responses.

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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 With construction projects becoming more complex, outdated processes are no longer sustainable.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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ADP buys WorkForce Software

Accounting Today

The payroll and HR services giant has acquired global enterprise-focused workforce management solution provider WorkForce Software, based in Michigan.

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Compleat Software Celebrates Q3 2024

Compleatable

As Q3 of 2024 has drawn to a close, Compleat Software is proud to reflect on a period of impressive growth and success. This quarter has been a landmark for us, driven by exciting customer wins, increased industry adoption, and significant expansion in our supplier network. We’re thrilled to share the details of what has been one of our most transformative quarters to date.

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Q&A: Paying Contractors Through QuickBooks Online

Reconciled Solutions

Want to start paying contractors through QuickBooks Online with ease and simplicity? Here's a complete guide to get you started. The post Q&A: Paying Contractors Through QuickBooks Online appeared first on Reconciled Solutions.

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Corporate AMT rules bring complications

Accounting Today

The IRS and the Treasury proposed regs on the corporate alternative minimum tax on companies with over $1 billion in income, but those rules could impact much smaller companies as well.

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How to Know What Financial Services a Small Business Needs

Nolan Accounting Center

It is easy to see that sales are the lifeblood of every business. Financial management can be regarded as the heart of every business, and financial services are the heart’s function. Financial management is, therefore, critical for the health and success of every business. Thus, owners need to determine what financial services a small business may need.

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AICPA objects to IRS partnership basis-shifting guidance

Accounting Today

The American Institute of CPAs sent a comment letter to the Treasury Department and the Internal Revenue Service objecting to guidance on basis-shifting involving partnerships and related parties.

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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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10 Points You Must Consider Before Planning Your Annual Budget

Analytix Finance & Accounting

Budget planning isn’t just a line-item task — it’s the foundation of the business. Whether you are scaling up or tightening the belt, how you plan your finances today will determine how smoothly your operations run tomorrow. In a fast-paced business world where changes happen in the blink of an eye, preparing an annual budget with foresight is not just smart — it’s essential.

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In the blogs: Through the roof

Accounting Today

Tax cuts and Mickey's slice; avoiding FBARs; COLA wars; and other highlights from our favorite tax bloggers.

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Simplify Your Payroll — Now FREE for Counto Clients!

Counto

Simplify Your Payroll — Now FREE for Counto Clients! Managing payroll shouldn’t feel like a never-ending chore. If you’re tired of complicated processes, limited visibility, and manual errors, we’ve got great news! As a Counto client, you now have the flexibility to either outsource your payroll to us, where we handle everything for you, or use our free payroll software, AI.Payroll.

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Keeping them down on the firm

Accounting Today

What keeps employees engaged is changing rapidly, and accounting firms can't afford to fall behind, according to ADP's Tina Wang, and Darren Root.

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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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Level Up Employee Reimbursements with Counto BillPay

Counto

Level Up Employee Reimbursements with Counto BillPay Creating efficiency is an important part of positioning your company for further growth. Traditional reimbursement processes can be cumbersome, often leading to frustration for both employees and finance teams. Counto BillPay is here to change that, offering an all-in-one platform designed to simplify employee reimbursements and provide visibility into spending categories.

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"New" How to Intuit Enterprise Suite

Insightful Accountant

Murph is starting a new series on "How to" for various ERPs. In this first article he is looking at one of the reported features in the new Intuit Enterprise Suite. multi-entity access.

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How to Automate Your Invoicing Process for Faster Payments

Invoicera

The manual invoicing process can take an average of 14.6 days, while automation does this in just a few hours – Aberdeen Group As your business scales, handling the invoicing manually becomes extended and demands additional effort and resources. Moreover, it could lead to errors, delays, and cash flow issues. As mentioned above, automation reduces invoice processing tasks to just a few hours, but the question is, “ How does it lead to faster payments ?

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ADP Acquires WorkForce Software

Insightful Accountant

This acquisition will expand ADP's global offering and drive workforce management innovation to meet the future needs of businesses.

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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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Hiring Update: October 2024 | Tax Season; Hybrid and Remote

accountingfly

Sharing our perspective on the latest trends impacting talent acquisition in the accounting industry – Tax Season; Hiring Hybrid and Remote; Salary Updates. All content is 100% written by the real humans working here at Accountingfly. Annual Hiring Promotion: Start a Search With Accountingfly By October 30th and get a 180-Day Hiring Guarantee and More Need to staff up for tax season or grow your CAS team?

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Revolutionize Your Tax Practice: Embracing Technology for Success

Insightful Accountant

Small tax practices face the ever-increasing challenge of staying competitive and efficient. The key to success? Embracing the right technology. But with so many options available, how do you know which solutions are best for your firm?

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QuickBooks Hosting for Nonprofit and Charities

Ace Cloud Hosting

Nonprofits and charities operate in a unique landscape where you must counterbalance mission-driven processes while tracking budget allocation.

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Azure Pricing Simplified: Your Ultimate Guide to Cost Saving

Economize

Introduction to Microsoft Azure Today, almost 95% of Fortune 500 companies rely on Microsoft Azure for their cloud and infrastructure needs. This trust stems from Azure’s extensive service portfolio and its dedicated security and compliance policies.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Standard Tax Deductions for Small Business

Billah and Associates

What are Standard Tax Deductions? Standard tax deductions for small businesses are the fees that the Canada Revenue Agency (CRA) permits businesses to deduct from the total revenue or Gross revenue from their businesses. These deductions assist in reducing the taxable income, which results in significantly lower taxes. If you are running a small business, you know it comes with several responsibilities and effectively coping with your taxes is the most sensible thing you could do.

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Trump defends economic agenda, says tariffs will fuel growth

Accounting Today

Former President Donald Trump said his policies would inspire growth despite adding to the debt as he sought to assuage business leaders who worry his economic plans will fuel inflation.

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Trump courts auto industry with tax break on car loans

Accounting Today

Donald Trump vowed to boost the U.S. auto industry by making interest on car loans fully tax-deductible and renegotiating a trade deal with Mexico and Canada as he courts Michigan.

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