Tue.Aug 13, 2024

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IRS updates information security plan for tax pros

Accounting Today

A new template for a 'Written Information Security Plan' is available for practitioners to meet their mandate.

Tax 331
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Where We're Going - Fidesic In-Person Event Schedule

Fidesic blog

2024 has been the year of in-person events over here at Fidesic. We have been going to a lot more meetups and smaller conferences this year.

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TIGTA: IRS lacks plan for legacy systems

Accounting Today

The Treasury Inspector General for Tax Administration said the IRS lacks concrete plans for retiring and replacing legacy IT systems.

Tax 306
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Where We're Going - Fidesic In-Person Event Schedule

Fidesic blog

2024 has been the year of in-person events over here at Fidesic. We have been going to a lot more meetups and smaller conferences this year.

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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 With construction projects becoming more complex, outdated processes are no longer sustainable.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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Why CPAs must master the soft skills

Accounting Today

When a CPA transitions from individual contributor to leader of many people, his or her technical skills alone will not be enough to drive results.

CPA 294
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5 Tips for Managing Inventory in QuickBooks Online

Reconciled Solutions

Running out of products? Stocking too many? Here's how managing inventory in QuickBooks Online can help solve both problems. The post 5 Tips for Managing Inventory in QuickBooks Online appeared first on Reconciled Solutions.

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Choosing the Best AI-Powered Solution for Your Finance Team?

Oversight

Oversight has 20 years of experience developing and implementing A.I. solutions for finance professionals.

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NASBA announces research grant recipients, opens 2025 applications

Accounting Today

NASBA's Accounting Education Research Grants aim to advance academic research on the educational issues impacting CPAs and the accounting profession.

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What is Volume Pricing?

Billing Platform

Volume pricing is a pricing structure where the cost per product decreases (aka volume discounts) as the quantity of products purchased increases. Essentially, volume pricing works by offering varying pricing thresholds that are tied to the quantity of products purchased. Beneficial to both the sellers and the buyers, this pricing strategy enables the seller to incentivize buyers to increase the volume purchased, as well as attract new customers – increasing revenue, while allowing customers to

Billing 52
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Weather victims in Minnesota get tax relief

Accounting Today

The affected by severe storms and flooding in June now have longer to file and pay.

Tax 195
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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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Warehouse Wednesday: Acumatica In-depth Part 2

Insightful Accountant

This is a prologue of Murph's second part of his in-depth series on Acumatica. this summary reports on the retail and eCommerce capabilities of Acumatica ERP including numerous eCommerce integrations and integrated POS offerings.

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Ex-banker faces €14M bill in German tax scandal

Accounting Today

Former investment banker Martin Shields had already paid €3 million for his part in a dividend-tax refund scheme, and will now pay an extra €11 million.

Tax 189
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August's QB Talks is our ProAdvisor Roundtable

Insightful Accountant

This month's edition of QB Talks is a ProAdvisor Roundtable featuring some of our 2024 ProAdvisor Top Award Recipients. Murph and Gary will be hosting this informative discussion with leading ProAdvisors.

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B. Riley struggles to value assets as SEC steps up scrutiny

Accounting Today

The investment firm late Monday said it couldn't file its quarterly report with regulators on time, due to problems in valuing its loans and investments

Auditing 182
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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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IRS News: IRS Provides Extension Filers Summertime Help Ahead of October Deadline

Insightful Accountant

The IRS has encouraged taxpayers who requested an extension of time to file their taxes to consider using IRS Free File and other resources on IRS.gov to help them file over the summer rather than waiting for the October deadline.

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In the blogs: Party time

Accounting Today

Crypto moves forward; what to know about gambling; new blog in town; and other highlights from our favorite tax bloggers.

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The Importance of Credit Management in Your Business

oAppsNet

Effective credit management is a cornerstone of financial stability and growth for any business. By carefully managing the extension of credit to customers, companies can enhance cash flow, reduce the risk of bad debts, and strengthen customer relationships. Understanding the importance of credit management can help businesses implement strategies that ensure long-term success and financial health.

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The difference between SOC Type 1 and Type 2 reports

Accounting Tools

What is a SOC Type 1 Report? Service organization control (SOC) reports can be either a Type 1 or a Type 2 report. A Type 1 report is management’s description of a service organization’s system and a service auditor’s report on that description and on the suitability of the design of controls. What is a SOC Type 2 Report? A Type 2 report goes a step beyond a Type 1 report, where the service auditor also reports on the operating effectiveness of controls during an audit period.

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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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Avoid Costly IRS Mistakes – Why You Should Hire a Remote Tax Preparer 

CapActix

Dealing with the IRS can be one of the most challenging aspects of managing a business. The complexities and nuances of tax regulations mean that even minor oversights can lead to significant financial consequences. Many businesses face the burden of IRS procedural errors, which can result in costly mistakes that are both unexpected and detrimental.

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Trump, Harris duel for voters with budget-busting tax proposals

Accounting Today

From not taxing tips to more than doubling the Child Tax Credit, the two candidates are borrowing from each other's tax playbooks.

Budgeting 312