Mon.Sep 16, 2024

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TIGTA faults IRS on data security, cloud security

Accounting Today

The Treasury Inspector General for Tax Administration, in two reports, critiqued the IRS on cybersecurity for both its data warehouse and its cloud infrastructure.

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Xero to acquire Syft to enhance reporting and insights capability

Xero

We know how important it is for small businesses to have access to powerful insights to help them run their business better, no matter the economic environment they’re facing. To accelerate our mission to provide powerful insights, we are thrilled to share that Xero is acquiring Syft, a leading global cloud-based reporting, insights and analytics platform for small businesses, accountants and bookkeepers.

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Standard vs. itemized: Who deducts what?

Accounting Today

Taxpayers earning more are more likely to choose to itemize their deductions, while taxpayers earning less tend to favor the standard deduction.

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Tax Changes Deferred to Lame Duck

Insightful Accountant

As Congress reconvenes this month, tax practitioners find themselves navigating an uncertain legislative landscape with the looming threat of a government shutdown and its potential impact on year-end tax legislation.

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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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Art of Accounting: Clients' changing needs

Accounting Today

Find out what the client needs and then figure out how to fill that need.

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Harnessing AI: How Bookkeepers Can Stay Ahead In the Age of Automation

The Successful Bookkeeper

From hiring processes to creative production, artificial intelligence is transforming many demanding aspects of business.

More Trending

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Cloud In ITES Industry: Benefits and Use Cases

Ace Cloud Hosting

Cloud technology is a game-changing innovation in the IT/ITES industry. It has transformed the way businesses manage and operate, allowing them to store and process data on remote servers hosted.

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KNAV takes on investment from India

Accounting Today

In the latest example of accounting firms taking on outside investments, the internationally focused firm has sold a minority stake to an Indian billionaire.

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What is contract data extraction and how to extract data from contracts?

Nanonets

Managing and reviewing contracts throughout their lifecycle is quite a challenging task for businesses. Especially since contract data is often scattered across different systems or departments - making it hard to get a quick comprehensive view of contractual obligations. Consider the volume of contracts that businesses typically deal with, the effort required to manually review dense unstructured legal information, and the (legal) expertise required to interpret the data within contracts.

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Figuring out alternative investments

Accounting Today

John Napolitano of Napier Financial takes a long look at the host of unusual investment opportunities available to your wealthier clients.

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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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Beyond the Spreadsheet: Modernizing Bookkeeping Practices for Small Business Success

Less Accounting

In today’s rapidly evolving business landscape, the role of bookkeeping in small businesses has undergone significant transformations. Gone are the days of relying solely on manual spreadsheets and paper-based record-keeping. Modern technology has revolutionized bookkeeping practices, offering small business owners powerful tools to streamline operations, improve accuracy, and drive growth.

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3 client scenarios that highlight tax advantages of donor-advised funds

Accounting Today

The accounts are expected to grow by another trillion dollars over the next decade because of their tax and flexibility advantages, Daffy CEO Adam Nash said.

Tax 173
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QuickBooks vs Square: Which Is Better for Your Small Business?

Ace Cloud Hosting

As a business owner, you are always looking for technological solutions to make the process streamlined and error-free. However, with various options available in the market, it becomes challenging to.

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PwC probe shifts to Hong Kong after record China fine

Accounting Today

Hong Kong's Accounting and Financial Reporting Council said its review of PwC's local practice, which is separate from China's probe, is still "in progress.

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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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Need an eCommerce Connector? Attend today's webinar.

Insightful Accountant

Murph will host Dawn Brolin, Kelly Gonsalves, and Jeff Siegel to review the Top 100 ProAdvisors' Top 10 most popular eCommerce Connector Apps today, September 17 at 2 PM Eastern.

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Francine victims in Louisiana get tax relief

Accounting Today

The IRS has postponed payment and filing deadlines for those affected by the storm.

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International ProAdvisors Award Applications Remain Open

Insightful Accountant

You still have plenty of time to apply for the International ProAdvisor Awards, but why wait. you can start your application and come and go as you complete new training, earn certifications and use/learn new Apps.

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Double Taxation: DTAs vs. UTCs for Singaporean Businesses

Counto

Double Taxation: DTAs vs. UTCs for Singaporean Businesses As a small business owner navigating international operations, managing tax liabilities can be complex. Double Taxation Agreements (DTAs) and Unilateral Tax Credits (UTCs) are two mechanisms designed to alleviate the burden of being taxed twice on the same income. Understanding their differences is crucial for effective tax planning.

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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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What is Capital Gains Tax in Canada

Billah and Associates

In Canada, the tax authorities apply capital gains tax to the profit earned from selling or disposing of capital property, such as real estate, stocks, or other investments. When the sale price of an asset exceeds its original purchase price, the difference is considered a capital gain. Currently, 50% of your capital gains are taxable, regardless of the total amount.

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Corporate Social Responsibility (CSR) in Singapore: Why It Matters and How SMEs Can Get Started

Counto

Corporate Social Responsibility (CSR) in Singapore: Why It Matters and How SMEs Can Get Started As a small business owner in Singapore, you might wonder how engaging in Corporate Social Responsibility (CSR) can benefit your business. CSR is not just a buzzword but a vital strategy that can enhance your brand reputation, build trust with stakeholders, and contribute positively to your community and the environment.

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Ep. 280: Christian Hyatt - Best Practices for Cybersecurity and Compliance in Business

IMA's Count Me

Join Adam Larson as he sits down with Christian Hyatt , co-founder and CEO of risk 3sixty , in this eye-opening episode of the Count Me In. From starting out in the world of public accounting to leading a successful cybersecurity firm, Christian shares his unique journey and offers valuable insights into the complex world of cyber threats. Discover who the real "bad guys" are, the surprising sophistication of criminal organizations, and how businesses can better protect themselves in an increasi

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Navigating Cross-Border Taxation for Singapore-Based SMEs

Counto

Navigating Cross-Border Taxation for Singapore-Based SMEs As Singapore-based SMEs venture into international markets, understanding cross-border taxation becomes crucial. Managing tax obligations across different jurisdictions can be complex, but with the right knowledge and strategies, you can navigate these challenges effectively. This guide offers essential insights to help you handle cross-border taxation with confidence. 1.

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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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Trump tariffs would help pay for his tax cuts, JD Vance says

Accounting Today

Former President Donald Trump's agenda of higher tariffs on U.S. imports would help offset his expanding tax-cut proposals if he's reelected in November, according to his running mate, Ohio Senator JD Vance.

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How Double Taxation Agreements (DTAs) Benefit Singaporean Businesses Investing Abroad

Counto

How Double Taxation Agreements (DTAs) Benefit Singaporean Businesses Investing Abroad For Singaporean businesses eyeing international expansion, managing taxes across borders can be complex. Double Taxation Agreements (DTAs) are designed to simplify these challenges by preventing income from being taxed in both Singapore and the foreign country. Understanding the benefits of DTAs can help streamline international operations and enhance investment opportunities. 1.

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