Sat.Nov 30, 2024 - Fri.Dec 06, 2024

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Black Friday stress-tests sales tax solutions

Accounting Today

But last weekend was just the beginning: Retailers need help for the rest of the year, too.

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Have You Filed BOI Reports?

Insightful Accountant

Many corporations and limited liability companies must now file a Beneficial Ownership Information (BOI) Report with the U.S. Treasury Financial Crimes Enforcement Network. have you filed yours?

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Effective B2B Payment Reminders: Templates, and Strategies for Faster Payments

Gaviti

Many businesses can significantly improve their cash flow by implementing more effective strategies for collections, including adopting more strategic approaches to accelerate B2B payment of invoices. One of the simplest yet most overlooked ways to enhance invoice collection is by taking a proactive approach to sending payment reminders to ensure timely follow-ups and encourage prompt payments.

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It's Giving Tuesday at AccountingDepartment.com

Accounting Department

Join AccountingDepartment.com in supporting the research, funding and treatment for rare diseases and Alternating Hemiplegia of Childhood.

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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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The best and worst states for taxes in 2025

Accounting Today

States that do not assess the major taxes are more competitive than states with complex taxes with high rates.

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Climate reporting legislation: What it means for small businesses and accountants

Xero

From January 2025, new climate reporting legislation will be introduced. It will require big businesses in Australia to track their carbon emissions and include the results in sustainability reports , which they’ll need to submit alongside their other annual reporting obligations. While this law directly targets businesses with more than 100 employees, the impact will inevitably trickle down to their suppliers, who may need to provide emissions data to them.

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Why CFO Support Services Are Essential for SMBs in 2025

Accounting Department

In 2025, small and medium-sized businesses (SMBs) face a rapidly changing economic landscape. From navigating inflation and supply chain disruptions to adopting new technologies and meeting rising customer expectations, business owners have a lot on their plates.

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The top people in public accounting — 2024

Accounting Today

The most influential people in the field, as chosen by their peers.

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Intuit Appoints Thomas Ranese as CMO

Intuit

For over 40 years, Intuit has worked to find new, innovative ways that technology can solve our customers’ most important financial problems. In this era of artificial intelligence, our global AI-driven expert platform strategy will revolutionize the customer experiences we deliver around the globe. To realize the opportunity in front of us, we must continue to evolve our commercial strategy to go to market as a platform, embracing AI to better understand our customers, personalize their journe

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Why Searching is Better than Sourcing for Many Organisations

Compleatable

First of all, we should explain the difference between searching for and sourcing suppliers and purchases. Simply put: sourcing is a lengthy bureaucratic process undertaken by large businesses to select a preferred supplier, ensuring they can trust the supplier and the quality of their goods or services. Searching, on the other hand, is a straightforward act of typing what youre looking for into a search box and finding pre-validated suppliers to choose frombetter suited to small and medium-size

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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.

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13 Tasks To Include In Your Monthly Bookkeeping Checklist

Future Firm

If you want your monthly bookkeeping checklist to be efficient and accurate, here are 13 tasks to include—with tips to make them easier. The post 13 Tasks To Include In Your Monthly Bookkeeping Checklist appeared first on Future Firm.

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Practice Profile: Dreaming up a better tax season

Accounting Today

Al-Nesha Jones envisioned a better busy season, and made it happen at her ASE Group

Tax 308
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Don’t Be a Victim of Cyberattacks This Holiday Season

Ace Cloud Hosting

There is never a good time for cyberattacks to occur. However, any cyberattack on your business process during the holiday season could reap disastrous results. This is because, during the.

Tax 98
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How Metered Billing Benefits Your Business

Billing Platform

Similar to usage-based and consumption-based billing , metered billing is based on actual usage of a product or service, providing a transparent approach to billing. By establishing a direct link between consumption and cost, customers pay according to the amount consumed no more, no less. And when it comes to metered billing benefits, this popular billing model certainly doesnt fall short.

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Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

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IRS Announces New 1099-K Reporting Thresholds for 2024-2025

Insightful Accountant

In a significant development for tax practitioners and their small business clients, the IRS has established new transitional thresholds for Form 1099-K reporting through Notice 2024-85.

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By the numbers: IRS Direct File, the growing tax gap and more

Accounting Today

The latest data on the growth of the IRS's Direct File program, how many corporate tax pros believe generative AI is beneficial in accounting, and other key metrics.

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What Is a Basis Point? Definition, Calculation & Uses

Fit Small Business

A basis point, which is also commonly known as “bps” or “bips,” is a unit of measurement that represents a percentage change of value or rates within various financing instruments. It is a term commonly used throughout the finance industry and can have varying impacts based on the financing type it’s associated with. How Basis. The post What Is a Basis Point?

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Common B2B Debt Collection Mistakes and Strategies for Improvement

Enterprise Recovery

B2B debt collection requires an understanding of effective strategies to mitigate delinquent accounts. This process involves implementing proactive measures so businesses can avoid issues such as unclear credit policies, inadequate communication, and poor documentation practices. Also, technology and professional debt collection services can enhance the ability to recover outstanding debts and maintain healthy financial operations.

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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.

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Maximize Efficiency with QuickBooks Online Accountant’s 8 Prep for Taxes Features

Insightful Accountant

Tax season is a big challenge for all accountants. You need to get information from clients, clean up their books, carefully review data, and export and/or check trial balances. “Busy season” is accurate.

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Slow down on that SLAT. Here are some of the risks

Accounting Today

The tax advantages and a degree of flexibility have added to the appeal of spousal lifetime access trusts. But they aren't a fit for everyone.

Tax 306
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8 Best Banks for Small Business in Florida

Fit Small Business

We compared dozens of banks and chose these eight as the best banks in Florida for a small business. To qualify for this list, banks had to have physical locations in the state of Florida. Then, we ranked them based on the quality of the business checking products offered, including other business products and services. The post 8 Best Banks for Small Business in Florida appeared first on Fit Small Business.

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What is a Ghost Card and Does Your Company Need One? 

AvidXchange

Many businesses are leveraging ghost cards to simplify payments, reduce fraud risk, and streamline expense management. But what e xactly is a ghost card, how does it work, and how can you determine if your business needs one? Read on for all the details. Talk to an Expert About Using Ghost Cards in Your Business What Is a Ghost Card? A ghost card, sometimes called a virtual credit card (VCC) or tokenized card, is a digital version of a credit or debit card.

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Unlock The Blueprint: How To Construct A Better Payment Workflow

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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Why Real-Time Bookkeeping is Essential for Modern Businesses

Less Accounting

In today’s fast-paced business environment, making informed decisions quickly is more critical than ever. Real-time bookkeeping, which provides up-to-date financial information at the click of a button, has become an indispensable tool for modern businesses. Gone are the days of waiting until month-end or quarter-end to see how your business is performing.

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The most important man in accounting

Accounting Today

Barry Melancon, the longest-serving head of the AICPA, talks about how he got there, his accomplishments, and what's next for the profession.

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Protect Your Revenue Cycle: Understanding the 3-Month Grace Period Mandate

SSI Healthcare Rev Cycle Solutions

Protect Your Revenue Cycle: Understanding the 3-Month Grace Period Mandate Home / December, 6 2024 Author: Heather Dunn, MBA, CHFP, CRCR, EHRC, President, The SSI Group, LLC (SSI) The healthcare landscape constantly evolves, and new regulations can often mean significant challenges for patients and providers. One of the latest changes involves a three-month grace period for health insurance premium payments , which has serious implications for providers working with patients covered under Market

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8 Unique Ways to Use AI for Accounting Firms

Jetpack Workflow

There are two main schools of thought regarding artificial intelligence (AI) among accountants: those who believe AI might replace their jobs and others who are excited about how much more productive and effective it can help their firm become. While AI adoption is on the rise, it’s still a relatively new technology, and accounting firms continue finding new ways to leverage this advanced technology to their advantage.

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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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How to Handle Sudden Staff Turnover in Your Accounting Firm

accountingfly

Did you just lose a key staff member? Sudden staff departures can feel like a crisis, especially when deadlines are looming. In the latest Accounting Talent Podcast , Jeff Phillips and Rob Brown tackle this pressing issue with a practical, step-by-step guide to help your firm navigate the next 30 days and secure a suitable replacement quickly. Drawing on years of experience in the job board and staffing industries, Phillips shares how to turn setbacks like these into opportunities.

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Taxes and the 'amateur athlete'

Accounting Today

Court decisions have opened up a whole new world of tax worries for college athletes.

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Ep. 291: Alexandre Louisy - The Future of B2B Payments: Embracing Revolutionary Automation and Innovation

IMA's Count Me

Join us in an exciting conversation with Alexandre Louisy , the co-founder and CEO of Upflow , as he and host Adam Larson tackle the challenges of ensuring timely payments in the B2B world. Alexandre shares his insights on modernizing payment methods, stressing why online payments are crucial for both vendors and customers. Learn why manual invoices and checks are becoming outdated and how automation can save time and money.

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Top Year-End Tax Planning Tactics for Small Business Owners

Outsourced Bookeeping

Small business owners have a good chance to make some right financial decisions at this time of the year to minimize their tax burden. Although year-end tax planning is often viewed as a compliance exercise, it is also an opportunity to create a better financial future for your business. In this blog, we will discuss how tax incentives can be used in business and how outsourced accounting for SMEs can assist with this.

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Crafting Impact: Revenue Growth And Efficiency For Finance Professionals

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.