Sat.Dec 24, 2022 - Fri.Dec 30, 2022

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New mileage rates from IRS

Accounting Today

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Is It a Good Idea To Outsource as a Start-Up?

Accounting Department

Startup founders and managers rightfully question whether it is prudent to outsource accounting and bookkeeping or keep the work in-house. Chart out the positives and negatives of outsourcing accounting/bookkeeping projects and you’ll find the positives are significantly greater in number.

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9 Reasons You Should Be Reviewing Your Profit & Loss Report

The Savvy Bookkeeping Blog

A profit and loss (or income) statement lists your income and expenses. It tells you how much profit you’re making, or how much you’re losing. It’s one of the most important financial documents your business will need to produce. Successful business owners review their Profit & Loss regularly.

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How Tracking Kubernetes Costs Over Time Reveals Important Context

CloudZero

Your company may receive a monthly bill that includes the storage, network, and compute used to run Kubernetes applications. At this point, you can see how much you’ve spent on Kubernetes as a whole.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Tax season preview: Hoping to get back to normal

Accounting Today

Tax 278
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Making The Most of Client Accounting Services

Accounting Department

Business owners and CEOs often wear a lot of hats in their organizations. Accounting and bookkeeping may not be one of their specialties, putting them at risk for lost payments, missed revenue, and preventing the company from growing as it should. Client accounting services (CAS) can help a business owner automate many financial tasks and maximize efficiency and profitability.

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12+ Kubernetes Labels Best Practices To Apply ASAP In 2023

CloudZero

Scalability is one of the main reasons for using Kubernetes. Yet, scaling Kubernetes systems can reduce visibility into critical components. To overcome this, you have to organize your Kubernetes resources in a way that helps you find and track them more easily.

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The top 15 stories of 2022

Accounting Today

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What is Tax Debt and How Does it Impact Your Small Business?

Nolan Accounting Center

If your business owes taxes to the IRS after the filing deadline, you have tax debt. Even if you filed early and paid a portion of the bill, the remaining balance is considered tax debt. Many small business owners fear that the IRS will seize their businesses if they owe back taxes. If you have a small business in Southeast Wisconsin, let Nolan Accounting help you with your financials.

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Auditing Apathy With Ron Baker

Cloud Accounting Podcast

Sponsors LiveFlow - [link] Zoho - [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes Buy Ron's book, "Time's Up!: The Subscription Business Model for Professional Firms": [link] 14:27 – FTX US auditor Armanino defends work for failed crypto exchange [link] Get in Touch Thanks for listening and for the great reviews!

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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ElastiCache Vs. Redis: How Do They Compare? (Updated 2023)

CloudZero

As technology improves and customer demands change, many companies must provide fast, engaging, and secure services. Developers rely on platforms that support sub-millisecond response times to power these capabilities in their applications.

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The 2022 Top 100 People: Making a change

Accounting Today

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What is Tax Debt and How Does it Impact Your Small Business?

Nolan Accounting Center

If your business owes taxes to the IRS after the filing deadline, you have tax debt. Even if you filed early and paid a portion of the bill, the remaining balance is considered tax debt. Many small business owners fear that the IRS will seize their businesses if they owe back taxes. If you have a small business in Southeast Wisconsin, let Nolan Accounting help you with your financials.

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How Can ERP Integration Help You Manage Purchasing and the Supply Chain?

NextProcess

As companies continue dealing with the business ramifications of the COVID-19 pandemic, supply chain management remains a key concern. Shipment delays, suppliers that can’t deliver, and other supply chain disruptions can have a significant, negative effect on a business. To make matters worse, many companies struggle to manage the supply chain effectively.

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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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Understanding the Role of a Company Secretary: What to Know

Counto

Understanding the Role of a Company Secretary: What to Know Understanding the role of a company secretary is essential to keeping a company compliant and running smoothly. This article outlines the duties and responsibilities of a company secretary and provides insight into the importance of having a qualified and experienced individual in this role.

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Bookkeeper embezzles $29M from prominent Texas family

Accounting Today

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How to Scale Your Freelance Business

Less Accounting

One of the undeniable benefits of freelancing is your ability to control your earning potential. There is no salary cap or company budget holding you back from earning the money you need. However, that doesn’t mean it comes easily. How do you scale your freelance business to give yourself the income you deserve? It takes strategy. You need to make smart business decisions to avoid burning yourself out and throwing the towel in altogether.

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Time Blocking vs Time Boxing, other techniques, and how it all fits together

Ontrack Bookkeeping

In a world with endless distractions, it’s no wonder that we find it difficult to complete tasks. Focus is hard to come by these days. This is especially true when you’re working from home. Household tasks that would otherwise be out of sight and out of mind are suddenly in your workspace. With that said, there are some proven methods to help you get things done.

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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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How CFOs Can Prepare for Financial Digital Transformation

MineralTree

The world continues to digitize at an accelerating pace, pressuring finance departments to follow suit. This presents both challenges and opportunities for Chief Financial Officers (CFOs), who must navigate the complexities of financial digital transformation in order to lead their organizations toward success. In this blog, we explore the key issues and trends that CFOs must tackle, and offer practical advice on how to prepare for these challenges in order to capitalize on the opportunities of

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Tax Strategy: New clean energy prevailing wage and apprenticeship requirements

Accounting Today

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Dec 28, Canadian Bookkeeping and Tax Rates

Bookkeeping Essentials

Compliance tax rates of interest to Canadian small business owners and bookkeepers who work from home. Includes tax free automobile allowance rates.

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QuickBooks vs Xero vs FreshBooks

Billah and Associates

There’s nothing similar to the feeling of maintaining your own business. Be that as it may, delivering a product or service is just a part of it. Proper financial management and accounting can show the moment of truth in your business. That’s where QuickBooks vs Xero vs FreshBooks – the top three cloud-based accounting software come into play.

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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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After 2 years, it took just 2 minutes to resolve this HMRC query

Accounting Fun

This is a true story about a tax dispute that went on for two years before the underlying issue was clarified. It made me smile. An Inspector of Taxes was explaining to me that the owner of the small business had been refusing to co-operate. As a result a relatively straightforward tax dispute about a tax scheme was heading towards the first tier tax tribunal.

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4 reasons every firm needs a disaster recovery plan

Accounting Today

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Ep. 213: Robert Bendetti, Jr. - An expert’s guide to cash flow management

IMA's Count Me

Connect with Robert: [link] Check out IMA's Statement of Cash Flow Tutorial Full Episode Transcript: < Intro > Adam: Welcome to Count Me In. The podcast that brings you an insider's look at accounting and finance professionals working in business. I'm Adam Larson. My guest today is Robert Bendetti Jr. Robert is a CPA and the CFO of Lifecycle Engineering, and he joins me for a high-energy discussion about cash flow management.

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NACM's CMI Forecasts Trouble Ahead in 2023

NACM

?At the start of 2022, economic activity was bursting at the seams as businesses recovered from the depths of the pandemic. But roughly one year later, NACM's Credit Managers' Index is painting a very different picture of the U.S. economy … and credit professionals sense trouble ahead.Hear from Amy Crews Cutts in today's episode of Extra Credit #po.

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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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Your 2023 to-do list

Accounting Today

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IRS issues interim guidance on IRA provisions

Accounting Today

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Tax benefits for wealthy earners in SECURE 2.0

Accounting Today

Tax 264
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Watch out: Top focal points for audit season

Accounting Today

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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.