Mon.Jan 29, 2024

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IRS kicks off tax season with extended hours, service and tools

Accounting Today

The Internal Revenue Service began accepting tax returns Monday, promising improved help to taxpayers and new resources both in-person and online.

Tax 328
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We’re retiring the classic version of Xero invoicing

Xero

We’ve had two versions of our invoicing feature for a while now — classic invoicing and new invoicing. The new version is built on the latest technology and features time-saving tools that make it easier to customise your invoices and simplify the way you get paid. Our teams have big plans to add even more value to the new version of invoicing in the future, including features that we know are important to you.

XERO 279
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Generative AI for small and midsized firms

Accounting Today

Without breaking the bank, small and midsized firms can make smart investments to adopt AI and tailor it for specific uses.

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Do audit opinions even matter anymore?

Blake Oliver

The commoditization of audits is contributing to the CPA shortage.

Auditing 122
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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 With construction projects becoming more complex, outdated processes are no longer sustainable.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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The 20 best states for saving

Accounting Today

The best state to be a saver scored 0 out of 100, where a lower score means it's easier to save.

Tax 312
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Acumatica Launches New Era of Business Growth and Product Expansion at Summit 2024

Insightful Accountant

Opening Keynote at Acumatica Summit reflects product plans and strategy for supporting customer growth ambitions with leading-edge technology

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More Trending

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Top 8 Cybersecurity Best Practices for Accounting & Tax Firms in Tax Season

Ace Cloud Hosting

Tax season can be a real headache, especially when scammers trick you into their schemes. It’s no secret that phishing, scamming, breaches, ransomware attacks, and other online frauds tend to.

Tax 106
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With AI, no more 'wait and see'

Accounting Today

Accounting firms are starting to dive headfirst into artificial intelligence.

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Drake Software Launches Drake Pay

Insightful Accountant

Drake Software® announces the launch of an integrated contactless payment acceptance system, Drake Pay™.

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The taxman tango: The key tax question about gambling income

Accounting Today

Financial advisors and tax professionals with clients who bet online or at casinos must guide them through the choice of classifying as amateur or professional.

Tax 244
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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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Ace Cloud CPA Hosting Offer – What is in it For You?

Ace Cloud Hosting

As the accounting industry continues to embrace digital transformation, the option of hosting accounting software on the cloud has become increasingly popular. For Certified Public Accountants (CPAs), accountants, and those.

CPA 85
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K-pop label SM's financials being investigated

Accounting Today

The Korean internet and messaging powerhouse has hired a law firm to probe SM's books at the request of Kakao board's audit committee

Auditing 157
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Avoid Common Tax & Accounting Mistakes For Your B2B Business

Enterprise Recovery

Complex tax questions can be especially confusing for small businesses, freelancers, or startup companies. It's important that your business's financial records are maintained with integrity and organization. If you're a one-person department or temporarily taking on the accounting role, it's natural to have some questions and uncertainties. Avoid common accounting mistakes and ensure a smooth tax season with these best practices.

Tax 67
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Art of Accounting: 205 free updated Ed Mendlowitz checklists for 2024

Accounting Today

There are 178 checklists for tax season, practice management and personal tips, plus a Getting Your Affairs in Order Tool Kit with 27 additional checklists.

Tax 157
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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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Understanding The Different Client Billing Methods

Invoicera

Summary Client billing is raising invoicing to customers for provided goods or services. Common client billing methods are: Hourly Billing Project-Based Billing Retainer Billing Flat-rate Billing Value-Based Billing Subscription Billing Combination Billing You can enhance your client billing experience with Invoicera , a user-friendly platform that automates the invoicing process.

Billing 59
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Boomer's Blueprint: The CEO–CIO connection

Accounting Today

The business landscape is increasingly driven by digital transformation, making the relationship between these two leaders more critical than ever.

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How Offshore Outsourcing Can Boost Your Business Bottom Line?

Outsourced Bookeeping

Amid dynamic business landscapes, companies strive for innovative strategies to boost their bottom line and competitiveness. Yet, challenges like mounting inflation and a skilled labor shortage drive the need for cost-effective solutions. Businesses must navigate these hurdles strategically to maintain resilience, growth, and sustained market relevance.

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Why Companies Need AWS Backup in 2024

Ace Cloud Hosting

How to ensure Business Continuity and Disaster Recovery? Data Protection If your company were to lose its data today, how much time would it take to resume business as usual.

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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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Tax Projections: Software vs. An Accountant’s Expertise

CSI Accounting & Payroll

Small businesses can owe a lot of taxes! If you’re worrying about the future, getting a projected tax return is a great option. There’s projection software for the DIY-ers, or working with an accountant for those who want guidance. Which is better for your business? It depends! CSI Accounting & Payroll has advised small businesses with their tax strategy for over 50 years.

Tax 52
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Will Tax Laws Change Mid-Filing Season?

Insightful Accountant

House committee approves bipartisan tax bill to extend tax breaks before April 15 deadline. Proposed bill includes various provisions such as expanded Child Tax Credit and deductions for research expenses. Read about it here!

Tax 52
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Credit Card Reconciliation in QuickBooks Online

Nanonets

QuickBooks is one of the most widely used apps for bookkeeping, and it offers a convenient way to reconcile credit cards without needing external tools.  In this article, we guide you through the credit card reconciliation process in QuickBooks, addressing common issues and providing useful tips to streamline the procedure. Step 1: Go to the reconciliation menu In the top help menu bar, search for 'Reconcile.

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IRS Starts 2024 Tax Filing Season

Insightful Accountant

The Internal Revenue Service successfully opened the 2024 tax season today by accepting and processing federal individual tax returns as the agency continues focusing on expanding options to help taxpayers.

Tax 52
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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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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How to Use AI in the Finance Department

AvidXchange

Artificial intelligence (AI) is poised to have another year in the spotlight , with companies across industries leveraging the technology to create efficiencies. This is reflected in our 2024 Trends Survey , with 72% of finance executives sharing that their department is already using AI technology. Only 4% of respondents said they have no interest in using AI.

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5 Best Practices for GKE Cloud Cost Management

finout

This article will give you insight into the best practices necessary to manage your GKE infrastructure and get the best value out of your cloud investment.

FinOps 52
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Netsuite for Nonprofits

Tipalti

Learn how nonprofit organizations using NetSuite can overcome the unique challenges faced by nonprofits by implementing third-party add-on software integrations.

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Ex-IRS contractor who leaked Trump, Griffin tax data gets five years in prison

Accounting Today

Charles Littlejohn, 38, pleaded guilty to stealing Trump's tax data from the IRS and leaking it to the New York Times and admitted taking tax information about thousands of other wealthy Americans, including Jeff Bezos, that he passed to ProPublica.

Tax 312
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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.