Tue.Nov 12, 2024

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New marginal tax rates for 2025

Accounting Today

The highest marginal tax rate for 2025 is 37% and the lowest is 10%.

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Top 10 Invoicing Software for Travel Business

Invoicera

There was once a bustling travel agency that catered to all kinds of clients, each with unique travel dreams—from surfing in Bali to vineyard hopping in Tuscany. But as the agency’s bookings grew, an unexpected problem surfaced: invoicing. Just like the travel industry itself, their billing needs were a fast-moving maze of custom requests, multiple currencies , and online bookings.

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PCAOB offers guidance on auditor responsibilities for detecting, reporting illegal acts

Accounting Today

The Public Company Accounting Oversight Board issued a staff publication amid controversy over its proposed NOCLAR standard.

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What is Accounts Payable Fraud?

oAppsNet

Accounts Payable (AP) fraud is like a hidden drain slowly sucking the lifeblood out of your business. Imagine you’re pouring resources into growing your company, but behind the scenes, your cash is slipping out through fraudulent transactions you don’t know about. Scary, right? This article will explore accounts payable fraud, its different forms, and how to spot it before it causes severe damage.

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Forecasting Failures Are Costly: Here's How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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Overworked vs. overlived

Accounting Today

When it comes to your career, know the cost of choosing to be on a championship team.

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Navigating CPF Contributions for Restaurant Staff in Singapore

Counto

Navigating CPF Contributions for Restaurant Staff in Singapore As a restaurant owner in Singapore, ensuring compliance with CPF (Central Provident Fund) regulations is essential. Not only is it a legal obligation, but it also helps secure your employees’ financial future. CPF contributions, though mandatory, can seem complex, especially when managing a team with various salary levels and working hours.

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8 Common CSV Import Errors in NetSuite - and How You Can Avoid Them

Nanonets

NetSuite’s CSV import feature is a lifesaver when you need to handle big chunks of data all at once. It lets you add or update lots of records quickly, like setting up customer data or creating item records. For example, if you’re setting up a sandbox, you can bring in users and roles easily with CSV imports. But these imports don’t always go smoothly.

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Rho offers portal for client management, onboarding

Accounting Today

Finance platform Rho launched the Rho Partner Portal for Accountants, a version of Rho designed specifically for partners with Rho who are accountants.

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Financial Forecasting Tips for Singapore F&B Operators During Seasonal Peaks

Counto

Financial Forecasting Tips for Singapore F&B Operators During Seasonal Peaks Seasonal peaks, such as festive holidays and cultural celebrations, can significantly impact the revenue of F&B businesses in Singapore. However, the surge in customer demand also brings challenges in managing costs, inventory, and staffing. To navigate these busy times effectively, F&B operators need to implement accurate financial forecasting.

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ISSB sees progress on climate standards adoption

Accounting Today

Some 30 jurisdictions are making progress on introducing international sustainability standards in their legal or regulatory frameworks.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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How to Scale Your F&B Business Without Breaking the Bank

Counto

How to Scale Your F&B Business Without Breaking the Bank Scaling an F&B business in Singapore presents numerous opportunities, but it requires careful planning and execution. Growth can be achieved without overspending or accumulating excessive debt. With the right strategies, you can scale sustainably while maintaining financial health and staying within budget.

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KSM merges in ValueKnowledge

Accounting Today

Katz, Sapper & Miller has added a valuation and advisory firm in the Chicago area to its business valuation practice.

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Payroll Tax vs Income Tax: What’s the difference?

Black Ink Tax & Accounting

Table of Contents For starters a payroll, you have to calculate the withholdings and provide them to the relevant parties, […] The post Payroll Tax vs Income Tax: What’s the difference? appeared first on bitaccounting.

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Navan releases travel and expense solution for accounting firms

Accounting Today

Travel and expense solutions provider Navan released Navan Accountant Console, a dedicated solution made specifically for accounting firms.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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The Dual Edge of AI in the Accounting Sector

Black Ink Tax & Accounting

Payroll Tax vs Income Tax: What’s the difference? Table of Contents For starters a payroll, you have to calculate the […] The post The Dual Edge of AI in the Accounting Sector appeared first on bitaccounting.

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Should I Hire a CFO Part-Time? What Is a Fractional CFO?

CSI Accounting & Payroll

Finances can leave you scratching your head for days when you own a small business. Even if numbers come naturally to you, do you have that kind of time? (Probably not! Your time is worth too much to spend it in this area.

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The Dual Edge of AI in the Accounting Sector

Black Ink Tax & Accounting

Payroll Tax vs Income Tax: What’s the difference?

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How to NetSuite - Step-by-step Fixed Asset Management

Insightful Accountant

Murph takes you through six summary steps to record, configure, manage and report on fixed assets when using NetSuite's Fixed Asset Management 'Suite App.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

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The Dual Edge of AI in the Accounting Sector

Black Ink Tax & Accounting

Payroll Tax vs Income Tax: What’s the difference?

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From Line-Item Extraction to Custom Approvals: MakersHub’s AP Solution Explained

Insightful Accountant

MakersHub’s innovative AP system revolutionizes how firms manage and streamline accounts payable with its advanced computer vision technology.

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In the blogs: Everyone loves a parade

Accounting Today

Taxes' immediate future; a new retail delivery fee; owners' income; and other highlights from our favorite tax bloggers.

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From Tax Calculation to Exemption Management: How Avalara Eases Compliance

Insightful Accountant

Avalara simplifies the complex and ever-changing world of sales tax compliance, providing businesses with automated solutions that remove the burden of managing thousands of tax jurisdictions.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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6 Best Virtual Phone Systems for Small Businesses

Fit Small Business

The best virtual phone system for small business needs focuses on standard calling and texting capabilities at an affordable price point. It’s ideal for solopreneurs and small teams needing a dedicated phone number to keep work and personal communications separate. For effective call routing, these services offer a range of call handling features, such as.

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Transform Your Tax Workflow: Stanford Tax’s Automated Solution for Accountants

Insightful Accountant

Stanford Tax offers a game-changing approach to gathering tax information for accounting firms, streamlining the collection process and improving accuracy. This innovative tool transforms tax preparation.

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Protected Classes: Hiring Guide for Small Businesses

Fit Small Business

Protected classes refer to characteristics that are legally protected from discrimination during the hiring process. The EEOC also includes protection for employees, former employees, and applicants against retaliation, harassment, and sexual harassment. Federally Protected Classes at a Glance As stated, protected classes are those that are protected from discrimination in the eyes of the law.

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Discover the Power of AP Automation with Yooz: Key Takeaways from the Post Intuit Connect App Academy

Insightful Accountant

Discover how Yooz’s AP automation empowers QuickBooks users. As highlighted at the recent post Intuit Connect App Academy, Yooz brings innovative, powerful tools to streamline and enhance accounts payable workflows.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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Bakery Insurance: Coverage, Cost & Requirements

Fit Small Business

Bakery insurance is a simple combination of policies for your bakery that, when combined, provide all of the coverage you need against claims. Claims can come in all types of forms. Whether it is an allegation of food poisoning or a power outage damaging your oven, insurance for a bakery business is an important part. The post Bakery Insurance: Coverage, Cost & Requirements appeared first on Fit Small Business.

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Modern Security Requirements for Tax Professionals: Beyond Basic Authentication

Insightful Accountant

As cybersecurity threats evolve, tax professionals must adapt their security practices to protect sensitive client data. Recent IRS discussions highlight that traditional security measures are no longer sufficient on their own.

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Compliance 101: A Guide for New Restaurant Owners in Singapore

Counto

Compliance 101: A Guide for New Restaurant Owners in Singapore Starting a restaurant in Singapore involves navigating an extensive landscape of regulations and compliance requirements. For new restaurant owners, understanding and managing these requirements ensures a smooth start to operations, builds customer trust, and creates a compliant, sustainable business.