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Subscribe to Work Life Get stories like this in your inbox Subscribe. 5-Second summary. Psychologically safe work environments allow team members to feel that they can safely take calculated risks without fear of repercussions. A lack of psychological safety may deter people from speaking up about mistakes, knowledge gaps, or potential problems. When working remotely, you can promote psychological safety by being intentional about scheduling one-on-one meetings, asking open-ended questions, mode
At a growing SaaS company, cloud costs can change dramatically from month to month depending on the software you’re building, the number of customers you have, and how products are performing.
It’s tempting to think that deploying SAP Ariba will solve all your invoice processing problems. But it doesn’t take long to realize that you might need a bit more help.
Due to the American Rescue Plan, which was established last year, payment app providers like Venmo, PayPal, CashApp, etc. are all now required to issue you a Form 1099-K and report your earnings to the IRS for all business transactions of a combined total of $600 or more per year. This new law was created to make it tougher for someone to evade paying taxes they owe on business-related transactions.
Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.
Subscribe to Work Life Get stories about tech and teams in your inbox Subscribe. The true cost of an agile transformation can be hard to measure, boiling down to a combination of process, people, and tools. As soon as an organization discovers a better way of working, the investments begin. First, you have to decide which framework or methodology works best for your teams; then, you spend time researching and getting buy-in, setting the stage for the cultural change required to adopt new ways of
As companies increasingly build in the cloud, cost optimization has become a major issue for many engineering teams. While cloud providers like AWS offer flexibility and easy scalability, cloud costs are often opaque and difficult to track.
Are you feeling unsure about how to fill out Forms 1099-NEC and W-9? When the time of the year rolls around to prepare these forms, you might struggle to remember how exactly to go about it. In this article, I’ll explain how to fill out Forms 1099-NEC and W-9. Form 1099-NEC for Non-Employee Compensation. Non-employee compensation is reported in Box 1.
Are you feeling unsure about how to fill out Forms 1099-NEC and W-9? When the time of the year rolls around to prepare these forms, you might struggle to remember how exactly to go about it. In this article, I’ll explain how to fill out Forms 1099-NEC and W-9. Form 1099-NEC for Non-Employee Compensation. Non-employee compensation is reported in Box 1.
Accounting and bookkeeping are among all organizations’ most un-most loved activities. It may very well be enticing to hold back on your business accounting and heap it up until the furthest date of the tax season, just to complete it in a rush when the cutoff time is around the corner. That isn’t the method for maintaining a business! That’s when people start looking for bookkeeping services in Toronto to keep them in line with the taxation process.
5-second summary. As a volume-based business – that is, one that is oriented around selling as many units as possible – you can’t cover every corner of the market or every use case yourself. So don’t bother trying. For SaaS companies that are using the flywheel model, partnering with other organizations on sales, integrations, and add-ons is the best way to attract and satisfy customers who have unique needs.
AWS resource tagging is fundamental for effective cloud cost management. By creating and allocating cost-related tags in AWS, you can organize and manage your resources according to keys and values that make sense to you. This helps you better understand your cloud costs and manage your spending.
While the pandemic changed a number of industries in profound and unprecedented ways, you’d be hard-pressed to find an industry more radically transformed than real estate. Reconfiguration of the residential and commercial real estate space has been widely covered, but AvidXchange’s AvidIndex, which analyzes millions of payments made across the AvidPay Network each quarter, showed an interesting trend emerging in the industrial warehousing sector.
As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R
This post is about getting started with FinOps or, more specifically, how to cultivate a cloud optimization point of view and the obstacles you’re likely to face. If you’re interested in starting a FinOps practice within your organization, this is for you. FinOps Personas from the FinOps Foundation We’ve reached an interesting point in the still unfolding cloud era.
Do you own any cryptocurrencies? If so, it is wise to stay on top of tax laws and regulations that may impact your crypto investments. Will you need to pay taxes on your crypto? Due to the fact that the IRS classifies crypto as a capital asset (a significant piece of property), you will owe taxes when you sell crypto and make a profit. Similar to more traditional investments, such as stocks traded at a gain.
Sign up to get free CPE for listening to this podcast: [link] Download the Earmark CPE App: Apple: [link] Android: [link] Guests Andrea MacDonald, CPA: [link] Owner, Pro Tax & Accounting | Accredited Business Intermediary | Fractional Chief Financial Officer for Spike's K9 Fund Learn more about Andrea's firm, Pro Tax & Accounting: Official website: [link] Twyla Verhelst, CPA: [link] Head of FreshBooks Accountant Channel & Leader of the Accounting Partner Program | Creator of the Wo
For years, accounts payable (AP) automation wasn’t a consideration for Agynbyte LLC , a leading community association management company based in Bellevue, Washington. The AP department was happy with its in-house practices, and the company was enjoying steady growth. Then, Agynbyte acquired a local condominium management company with 25 associations leveraging AvidStrongroom from AvidXchange.
Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
This post is about getting started with FinOps or, more specifically, how to cultivate a cloud optimization point of view and the obstacles you’re likely to face. If you’re interested in starting a FinOps practice within your organization, this is for you. FinOps Personas from the FinOps Foundation We’ve reached an interesting point in the still unfolding cloud era.
The COVID-19 crisis has led to dramatic shifts in how accountants and bookkeepers work with their clients. Accountants will have to work harder to meet the ever-evolving client experience requirements in order to win and remain relevant. The race to become a digital practice has arguably already been run.
Sign up to get free CPE for listening to this podcast: [link] Download the Earmark CPE App: Apple: [link] Android: [link] Client Data Security: Best Practices to Protect Your Firm from Serious Threats [link] Connect with Our Guest, Byron Patrick LinkedIn: [link] Twitter: [link] Learn more about Botkeeper Website: [link] Connect with Blake Oliver, CPA LinkedIn: [link] Twitter: [link] According to a report from 2021, some 42 percent of business and professional services organizations suffered
Inflation rose to 7.5% last month, exceeding the 40-year-high record set in December. Typically, the Federal Reserve would raise interest rates to offset inflation. However, nothing about current inflation levels is typical."There's a confluence of factors …," David Wessel, the director of the Hutchins Center on Fiscal and Monetary Policy at the Br.
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
Subscribe to Work Life Get stories about tech and teams in your inbox Subscribe. Cybercrime has dramatically increased during the pandemic, with businesses suffering 50% more cyberattack attempts per week in 2021 compared with 2020. With more and more organizations moving to the cloud, organized crime groups have also evolved their operating tactics to take advantage of the digital revolution, hiring and recruiting hackers to engineer attacks and steal valuable data from organizations across the
Contact Alissa Vickery: [link] References and Resources for Alissa Vickery and Leadership: [link] [link] [link] [link] [link] [link] [link] [link] [link] [link] FULL EPISODE TRANSCRIPT: Adam: (00:05) Welcome back to Count Me In, IMA's podcast about all things affecting the accounting and finance world. This is your host, Adam Larson, and we are now starting episode 170 of our series.
Sponsors OnPay: [link] Synder: [link] FreshBooks: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes . We've also got updates on the IRS "facelift" that fell flat, some big raises, some app news, and much more! 02:44 – IRS backs away from facial recognition [link] 04:26 – IRS To Ditch Biometric Requirement for Online Access [link] 06:33 – A Guide to Completing Your Organizer This Tax Season [link] 11
Protests along Ambassador Bridge, the busiest international crossing on the U.S. and Canadian border, could lead to shipping delays and more inflation, according to Morning in America. The fallout from these protests could land a major impact to the U.S. supply chain in particular.Both governments have indicated the automotive industry and agricult.
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
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