Sat.Oct 19, 2024 - Fri.Oct 25, 2024

article thumbnail

Transforming client relationships: The crucial role of customer experience

Accounting Today

Focusing on client relationships and satisfaction can lead to longer and more productive partnerships, directly impacting the firm's revenue.

314
314
article thumbnail

How to Apply to the Entry-Level Tax Specialist Role at TurboTax Live

Intuit

At Intuit Academy , we offer a free pathway for people interested in a career as a financial services professional to learn about federal tax returns and become eligible to apply to an entry-level Tax Specialist role. This pathway requires no prior professional experience in tax preparation. The only requirement to apply without having prior experience is to complete our Tax Level 1 and Tax Preparation programs, both of which are completely free and self-paced on Intuit Academy.

Tax 246
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

When Venture Capital Flies High, Accounting Services Crash Hard

Accounting Department

In the fast-paced world of small and medium-sized businesses (SMBs) and startups, reliable accounting services are crucial. Recently, a new trend has emerged—accounting firms operated with the help of venture capital funding. On the surface, these services may appear attractive due to their low costs and initial benefits. However, SMB owners, entrepreneurs, and finance professionals need to tread carefully.

article thumbnail

Summit NA 2024 Highlight Reel Video

Fidesic blog

We had a blast at Dynamics Communities Summit NA 2024! The conference was great, the people were awesome and we loved exploring the City of San Antonio.

AP 130
article thumbnail

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.

article thumbnail

PTIN renewal season kicks off

Accounting Today

The IRS is reminding tax pros to register for or renew their professional ID number by Dec. 31.

Tax 325
article thumbnail

Emilio Vasquez, From Unhoused to CEO Entrepreneur – A Story of Resilience

Intuit

From unhoused to a life of giving back Small businesses play a vital role in uplifting our communities. In fact, small businesses account for 44% of U.S. economic activity and create two-thirds of new jobs created. When it comes to making an impact and giving back, no one exemplifies that more than Emilio Daniel Vasquez, the mastermind barista behind Coffee Cart Boys.

More Trending

article thumbnail

Summit NA 2024 Highlight Reel Video

Fidesic blog

We had a blast at Dynamics Communities Summit NA 2024! The conference was great, the people were awesome and we loved exploring the City of San Antonio.

AP 130
article thumbnail

5 cybersecurity best practices for accountants

Accounting Today

Making sure your firm is well protected is critical for maintaining client trust.

article thumbnail

Amber Bond, the Dreamer and Doer behind Love is Bond

Intuit

Read the inspiring stories of entrepreneurs that participated in the Intuit IDEAS program and are making a difference in their communities. Turning an obsession with clothing and shoes into helping stars feel their best Amber Bond is among the visionaries, dreamers, and entrepreneurs who participated in the Intuit IDEAS program. Through her work she is making a difference, building a legacy, and achieving her dreams.

article thumbnail

Top Remote Accounting Candidates for Hire | October 24, 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!

CPA 113
article thumbnail

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.

article thumbnail

AI Powered Invoice Matching Software for Modern Businesses

Compleatable

In today’s fast-paced business landscape, managing invoices manually can be cumbersome and time-consuming. Traditional methods of handling invoices lack the efficiency that today’s technology, particularly AI-powered invoice matching software, brings to the table. This cutting-edge software automates the entire invoicing lifecycle—from data extraction to payment—boosting accuracy and efficiency while reducing operational costs.

Invoicing 100
article thumbnail

By the numbers: Industry niches, standard deductions and more

Accounting Today

The latest data on how accounting firms spend time serving CAS clients, current and projected standard deductions, and other key metrics.

article thumbnail

Intuit CEO Sasan Goodarzi Opens LA Clippers Season

Intuit

Intuit CEO Sasan Goodarzi Kicks Off the LA Clippers’ Season Opener at Intuit Dome Three years ago, Intuit made a long term commitment to create a one-of-a-kind partnership with the LA Clippers as they embarked on building a world-class arena, setting a new bar for what’s possible in sports and entertainment. LA Clippers owner, Steve Ballmer , president of operations, Gillian Zucker , and the LA Clippers had a vision for building a venue for incredible shared experiences, to watch wor

130
130
article thumbnail

Contra asset definition

Accounting Tools

What is a Contra Asset? A contra asset is a negative asset account that offsets the asset account with which it is paired. The purpose of a contra asset account is to store a reserve that reduces the balance in the paired account. By stating this information separately in a contra asset account, a user of financial information can see the extent to which a paired asset should be reduced.

article thumbnail

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!

article thumbnail

Unlocking the Benefits of Online Buying for Your Business

Compleatable

In today’s fast-paced, digitally driven world, businesses are always looking for ways to streamline their processes and reduce manual workload. One key area that has seen significant transformation is procurement, and the introduction of online buying platforms has played a pivotal role in this change. In this blog post, we’ll take a closer look at how online buying can increase user adoption, drive automation, and transform your purchasing process.

article thumbnail

IRS adjusts tax amounts for inflation for 2025

Accounting Today

The Internal Revenue Service issued its annual inflation adjustments for tax year 2025, including changes in the standard deduction, marginal rates, tax credits and more.

Tax 317
article thumbnail

Understanding 529 Plans: Benefits & Savings

Intuit

What is a 529 plan? A 529 plan is a specialized savings account specifically designed to help pay for college-related expenses. These accounts enable you to save tax-deferred money that can be later withdrawn tax-free to pay for student loan repayments, college and K-12 tuition, and other educational expenses. For these reasons, they are a popular investment option for families who want to save for college but who may not have the money to completely cover all their expenses.

Tax 130
article thumbnail

Improving Cash Flow for Freelancers and Small Businesses

Enterprise Recovery

Failing to manage accounts receivable can result in delayed payments, hindering the ability to pay bills, meet payroll, and reinvest in your business. For freelancers and small businesses especially, it is imperative to prioritize strategies that will help keep accounts receivable in check and improve cash flow to meet expenses. Boost the financial stability of your freelance or small business by mastering accounts receivable management for a proactive cash flow.

article thumbnail

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

article thumbnail

Accounting for a non interest bearing note

Accounting Tools

What is a Non Interest Bearing Note? A non interest bearing note is a debt for which there is no documented requirement for the borrower to pay the lender any rate of interest. If such a note were to be resold to a third party, the debt would be sold at a discount to its face value , so that the third party purchaser would eventually realize a gain when it was redeemed by the borrower at its face value.

article thumbnail

IRS starts up pass-through compliance unit

Accounting Today

The Internal Revenue Service is looking to boost its historically low audit rates for complex arrangements.

Auditing 312
article thumbnail

Strategies for Building Credit Successfully

Intuit

How to build your credit Having a good credit score opens the door to a world of opportunities, not to mention lower interest rates when you borrow money. Unfortunately, we’re not born with a high credit score—we must build one.  So, how do you build your credit? First, let’s look at the importance of building credit as early as possible and some key considerations to think about.

Deposits 130
article thumbnail

Scaling Down Post Covid and Designing the Ideal Lifestyle, w/Jeremy Wells

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes Jeremy Wells, EA and CPA , owner of JWellsCFO and Chief Operating Officer Steadfast Bookkeeping. Jeremy specializes in tax planning and business strategy for small businesses and has been active in the field since 2018. Before his accounting career, he spent a decade as a college instructor.

Billing 59
article thumbnail

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.

article thumbnail

Examples of variable costs

Accounting Tools

What is a Variable Cost? A variable cost is a cost that changes in relation to variations in an activity. In a business, the "activity" is frequently production volume, with sales volume being another likely triggering event. Thus, the materials used as the components in a product are considered variable costs, because they vary directly with the number of units of product manufactured.

article thumbnail

After the election: What's next

Accounting Today

Regardless of the election results, we will see some tax legislation next year, says one expert.

Tax 312
article thumbnail

Easily Check Your Credit Score Online with These Steps

Intuit

How can I check my credit score? Your credit score indicates your creditworthiness. It’s a number that tells creditors the level of risk you present as a borrower. Many businesses, including insurance companies, phone companies, credit cards, and loan and mortgage providers, review your credit score when determining whether they should issue you a policy, loan, or service and what rates and terms you’re eligible for.

Budgeting 130
article thumbnail

Integrating Azure with Slack: A Comprehensive Guide

Economize

Why Integrate Azure with Slack? Slack is a messaging tool that keeps your project workflows, team collaborations, and communications in one place. It integrates your project files, meeting schedules, and team conversations and is organized and easily accessible. It also integrates easily with many tools that you use on an everyday basis.

article thumbnail

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.

article thumbnail

Reversing entries

Accounting Tools

What is a Reversing Entry? A reversing entry is a journal entry made in an accounting period, which reverses selected entries made in the immediately preceding period. The reversing entry typically occurs at the beginning of an accounting period. It is commonly used in situations when either revenue or expenses were accrued in the preceding period, and the accountant does not want the accruals to remain in the accounting system for another period.

article thumbnail

A plague on both your (political) parties

Accounting Today

Accountants are pretty unhappy with the current political situation.

article thumbnail

Smart Strategies for Saving Money for College

Intuit

How to save for college: strategies and tactics Saving for college for your child or another loved one is a big step in planning for their future. But before you start saving for a child’s college education, it’s good to know your options. Some of the most popular savings vehicles include 529 plans, education savings accounts (ESAs), Uniform Gifts to Minors Act (UGMA) accounts, and Uniform Transfers to Minors Act (UTMA) accounts.

Tax 130
article thumbnail

Withum's Homegrown Innovation

Insightful Accountant

Firm's innovations enhance services and work culture. Robotic process automation results in time-savings equivalent to five full-time employees annually and ROI by the end of first month.

52
article thumbnail

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.