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.

Tax 325
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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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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.

Payroll 312
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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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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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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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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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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.

Tax 195
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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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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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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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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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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Why do we rely on monthly reports to give us real-time information?

Accounting Today

If you don't report, you can't measure what was successful, and — as equally important — what wasn't.

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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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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.

Tax 182
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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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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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?

Tax 52
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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?

Tax 52
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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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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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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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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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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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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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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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