Thu.Sep 14, 2023

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IRS halts new ERC processing after flood of bogus claims

Accounting Today

The immediate moratorium will be in effect until the end of the year.

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Dynamic Surcharging and Multiple Invoicing Solved by Freedom Merchants

Accounting Department

As a small to medium-sized business owner, you know that cash flow is the lifeblood of your company. It's crucial to stay on top of your accounts receivable and make it as convenient as possible for your customers to make payments, without any added expenses for you.

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The lingering impact of the pandemic on IRS collections

Accounting Today

IRS data and changes to collection operations over the past four years show 10 clear effects.

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The wild classes CPAs take for their 150 hours

Blake Oliver

From Alabama dinosaurs to pickleball, accountants have studied some unusual things to fulfill their education requirement.

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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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Tax strategies to maximize savings for crypto investors

Accounting Today

Crypto investors, whether seasoned or new, need to understand the tax implications of their investments.

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Punch-Out, Punch-In and Plug-In: What’s the Difference and Why Should I Care?

Compleatable

We’ve all been there, restlessly tossing and turning at night when suddenly it comes to you: you forgot to pick up that really important thing for the office tomorrow. A quick foggy-eyed scan through your phone, click a few buttons, and bam- order placed and you can finally relax. It’s hard to remember a life before online shopping. Its popularity highlighted the inefficiencies of shopping in a physical store; it can be time-consuming, hard to know you’re always getting the best price, and a gam

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Punch-Out, Punch-In and Plug-In: What’s the Difference and Why Should I Care?

Compleatable

We’ve all been there, restlessly tossing and turning at night when suddenly it comes to you: you forgot to pick up that really important thing for the office tomorrow. A quick foggy-eyed scan through your phone, click a few buttons, and bam- order placed and you can finally relax. It’s hard to remember a life before online shopping. Its popularity highlighted the inefficiencies of shopping in a physical store; it can be time-consuming, hard to know you’re always getting the best price, and a gam

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Tax Fraud Blotter: Movin' out

Accounting Today

Band of brothers; heavy Metal; gone underground; and other highlights of recent tax cases.

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Do Small Businesses Need an HR Professional?

CSI Accounting & Payroll

Small business owners understand the challenges of staying up-to-date with HR requirements , as well as handling any accidents or resolving personal issues that might come forward. It's important to have a resource to handle these situations, but how can that be done on a tight budget? Most small businesses can't afford to hire an HR professional, but what about outsourcing this assistance?

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Wall Street-backed crypto tracer under attack ahead of trial

Accounting Today

Cyber sleuths from the IRS and Chainalysis spent seven years trying to unmask the shadowy figure who ran Bitcoin Fog, a dark web service that authorities say helped criminals launder cryptocurrency for a decade.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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What is SaaS Revenue Recognition?

Billing Platform

Whether a small and medium-sized business (SMB) or large enterprise, revenue is at the very center of your business performance. Many companies struggle to determine when revenue can/should be recognized. Your ability to accurately recognize revenue is what keeps your SaaS business healthy. Not to be minimized or put on the back burner, but the insights provided by SaaS revenue recognition are key to knowing your financial performance.

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The Compliance Factor

Insightful Accountant

FloQast's Mike Whitmire you’re probably overlooking the most strategic tool in your arsenal— and how you can leverage it better.

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Top 7 Features of QuickBooks Enterprise for Construction Businesses

Ace Cloud Hosting

Operating a construction business brings unique accounting complexities that set it apart from other industries. From the fluid nature of project locations to the complexities of managing long-term projects, contractors.

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Firm Focused Fridays: Canopy's Practice Management

Insightful Accountant

Canopy's Practice Management bring all your mission-critical practice functions into one cloud-based software suite that integrated with QuickBooks Online.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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From Felon to Firm Owner: An Unconventional Path in Accounting

Earmark Accounting Podcast

Think the pathway to owning an accounting firm is linear? Think again. In this episode, Blake has a fascinating conversation with Scott “OKR” Scarano, an accounting firm owner with an unconventional background. Before becoming a successful firm owner, Scott started dealing drugs, got kicked out of UNC, and ended up with a felony conviction. But with persistence and grit, Scott cleaned up his act, got back on track with his accounting degree, and hustled his way up to leading an accounting practi

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Future Forward 2023: Ascend with Advisory

Insightful Accountant

Our Day 2 kick off of the 'Future Forward 2023 webinar series features CPA4IT's Andrew Wall, who will show you how to navigate technology and transformation in accounting practices. Sign up today inside.

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3 Latest GCP Updates: GKE Enterprise, TPU v5e & A3 VMs

Economize

Google Cloud Platform (GCP) continues to lead the way in cloud innovation with a trio of significant updates that cater to the ever-evolving needs of businesses. In this article, we delve into these updates: the Cloud TPU v5e, A3 VMs, and the introduction of GKE Enterprise.

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Payoneer Fees Calculator

Tipalti

Calculate Your Payoneer Fees with Ease - Use Our Payoneer Fees Calculator to Estimate Transaction Costs, Currency Conversions, and Withdrawal Fees for Your Financial Convenience.

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

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Navigating AI's Role in Accounting with Joe Woodard

Blake Oliver

On episode 66 of The Woodard Report podcast, Joe Woodard and I discuss: The potential of Intuit's AI assistant, Intuit Assist. How AI might reduce the Big Four's reliance on young auditors. The enduring value of accountants who ask the right questions. The rise of advisory-focused accounting services and the call for bookkeepers to adapt. Essential reads: "The Quantum Supremacy" by Michio Kaku and "The Future of the Professions" by Daniel Susskind.

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What is a Signature Identifier?

Nanonets

Today where documents flow seamlessly across industries and organizations, the need for robust signature identification has never been more critical. This advanced technology serves as a gatekeeper, verifying the authenticity of signatures and safeguarding the integrity of documents. From legal contracts to healthcare records and beyond, the applications of signature identification are as diverse as they are impactful.

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Subscribe to "On The Money" for an accountant's perspective on small business

Blake Oliver

I'm excited to share that I'm contributing the accountant perspective to Relay's new "On the Money" newsletter for small businesses. This monthly publication will bring practical stories and insights to help you master your money. Subscribe below to get issues covering topics like: ? How close are AI robots to doing your corporate tax filings? ⚡️ What's the US central bank doing to make payments lightning-fast?

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How This Firm Owner is Scaling to $3 Million in Revenue w/Louie Vazquez III

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes back Louie Vazquez III, CEO and founder of Vazquez and Associates. Louie shares his journey of growing his firm from half a million in sales per year to achieving even greater success. They discuss the sales and marketing strategies that led to this growth and delve into the challenges and opportunities that come with scaling a business.

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Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g