Thu.Oct 31, 2024

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Two CPAs caught in conservation easement scam

Accounting Today

The Georgia accountants were sentenced to periods of supervised release and have to pay millions in restitution.

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From Startups to Enterprises: Tailoring CFO Support Services to Fit Your Business Needs

Accounting Department

In the ever-evolving landscape of business, one size rarely fits all. This is particularly true when it comes to financial management. Whether you're a burgeoning startup or an established enterprise, having a firm grasp on your finances is crucial.

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Liability insurance for accountants: New times, new risks

Accounting Today

Liability insurance experts examine the current landscape of risk.

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The Scope of FinOps Extends Beyond Public Cloud

FinOps Foundation

Key Insight: To effectively manage the variable nature and distributed procurement model of cloud, FinOps Practitioners have built capabilities to maximize the value of their organization’s technology investments. This has resulted in businesses asking FinOps teams to manage technology spending that extends beyond the scope of public cloud. Most Practitioners today are incorporating SaaS and Data Center costs into their practices.

FinOps 130
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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 With construction projects becoming more complex, outdated processes are no longer sustainable.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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Tax Fraud Blotter: Questionable resources

Accounting Today

To the mat; extra help; FACS of the case; and other highlights of recent tax cases.

Tax 305
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Denial Management Strategies for 2025: Trends & Best Practices

RevCycle

As healthcare continues to evolve, so do the complexities of managing the revenue cycle, with denial management being one of the most persistent challenges. Denial management is an essential component of healthcare revenue cycle management (RCM) because denials directly impact an organization’s financial health. From 2022 – 2024, the number of providers who said denials are increasing jumped from 42% to 77%.

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Can Cloud Content Management Improve Your Team’s Productivity?

LedgerDocs

As bookkeepers, we know better than anyone that time is money. That’s why we’re always on the lookout for tools to improve productivity, enhance collaboration, and simplify our processes. In recent years, one solution that has proven to be a game-changer for bookkeeping teams is cloud content management. With the growing demand for simple, accessible, and secure document handling, a centralized, cloud-based document management system has become more essential than ever.

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Who's going to file what?

Accounting Today

The number of taxpayers filing individual income tax returns is projected to increase by about 10,000,000 over the next eight years.

Tax 244
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Vertex Advances Tax Technogy at annual confernece.

Insightful Accountant

Vertex tax and technology conference connects leaders while showcasing AI capabilities.

Tax 59
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PCAOB supplements guidance on remediation process

Accounting Today

The Public Company Accounting Oversight Board released a supplement Wednesday to its staff guidance on the remediation process for auditing firms that have deficiencies in quality control that need to be fixed.

Auditing 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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Sage and Artis Announce Partnership

Insightful Accountant

Sage and Artis Trade have jointed forces to accelerate document automation and drive efficiency in secured finance.

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IRS offers penalty relief for late-filed foreign gift forms

Accounting Today

The Internal Revenue Service has decided to stop automatically levying penalties when a taxpayer files a form reporting foreign gifts and inheritance bequests too late and it will start reviewing the reasonable cause statements that taxpayers provide when they file the forms too late.

Tax 182
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Withum Rolls out Innovative Cloud-Based Audit Platform

Insightful Accountant

Withum has created automated workflows that foster consistency, collaboration and scalability.

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IPSASB proposes climate disclosure standard for public sector

Accounting Today

The International Public Sector Accounting Standards Board released a draft version of a sustainability reporting standard for use by governments around the world.

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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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Free Feature Content Available to App Developers

Insightful Accountant

App and Software Developers should know that Insightful Accountant offers 'FREE' feature content, including App Aware and First Look features covering their app or software and Advisor Alliance articles covering their partner programs.

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Millionaire tax vote opens door to new clash over Chicago wealth

Accounting Today

A handful of Illinois politicians are once again eyeing a new tax on the highest earners.

Tax 173
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W-8BEN

Tipalti

Learn Form W-8BEN instructions for tax compliance, simplifying obligations for businesses and international suppliers.

Tax 52
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MicroStrategy posts third straight loss on Bitcoin impairment charge

Accounting Today

Whenever MicroStrategy implements a new accounting rule, and values its crypto assets at market value at the end of each reporting period, that could trigger a major cash tax obligation.

Tax 173
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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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IRS and Security Summit Supply Online Safety Tips

Insightful Accountant

As National Cybersecurity Awareness Month concludes and preparation for next tax season begins, the Internal Revenue Service and its Security Summit partners today reminded taxpayers to be wary of online threats like identity theft and fraud.

Tax 52
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New times, new risks

Accounting Today

CPA firms continue to face unique challenges as they navigate some of the current liability issues and trends facing the profession, including beneficial ownership information filing under the Corporate Transparency Act, artificial intelligence, and cyberthreats.

CPA 162
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How to File Your 1099 Online with Automation

Tipalti

Simplify the process of filing 1099s for taxes. Follow our quick guide to learn how to automate 1099 filing securely and accurately online.

Tax 52
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IRS fee increases deter private letter ruling requests

Accounting Today

Fee increases may be discouraging taxpayers from seeking private letter rulings from the Internal Revenue Service to resolve their questions ahead of filing, according to a new report.

Tax 145
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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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Top Remote Accounting Candidates for Hire | October 31, 2024

accountingfly

Top Remote Candidates This Week Are you in need of remote accountants? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of our top remote accounting candidates for this week. Sign up now to receive the full list of available top accounting candidates on a weekly basis!

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What Is Backup Withholding and Who Has To Pay It?

Tipalti

Understand who is and isn’t subject to backup withholding–and what it could mean for your business. Navigate the tax landscape with confidence.

Tax 40
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What is W-8BEN-E

Tipalti

Understand the purpose of the W-8BEN-E form and who must complete it. Essential insights for foreign entities earning income in the U.S. tax landscape.

Tax 40
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Taxpayer Identification Number (TIN): Common Pitfalls to Avoid

Tipalti

TIN matching is when businesses match a payee's TIN against IRS records. Learn how to accurately tin match so you can avoid business accounts payable errors.

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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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Coupa Competition & Alternatives

Tipalti

Discover the leading Coupa alternatives with our expert insights. Explore top picks and recommendations to find the perfect payment solution tailored to your UK business needs.

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PayPal Fees

Tipalti

Get a complete understanding of PayPal fees for UK consumers and sellers. Gain insights into charges, rates, and how they affect your transactions.

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AP Automation for Xero

Tipalti

Discover which AP automation solutions will seamlessly integrate with your Xero software, so you can maximize your Xero investment and streamline your AP processes for your UK business.

XERO 40
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Xero Accounts Payable

Tipalti

Take your Xero accounts payable software to its maximum potential. Leverage AP features and capabilities so you can optimize financial processes and streamline workflows.

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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.