Sat.Dec 21, 2024 - Fri.Dec 27, 2024

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Essential Insights on Zero-Based Budgeting Techniques

Intuit

Understanding zero-based budgeting Do you know exactly where every dollar you earn goes each month? If you dont, zero-based budgeting might be worth a try. This popular budgeting method asks you to allocate every dollar you earn to specific expenses, giving each of those dollars a specific job. Unlike traditional budgets that might leave room for overspending, zero-based budgeting aims for precision.

Budgeting 130
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Unlocking Growth: How Accurate Financial Reporting Can Propel Your Business Forward

Accounting Department

In the dynamic world of medium-sized businesses, growth isn't just a goalit's a necessity for survival and success. Yet, achieving sustainable growth requires more than just ambition; it demands a strategic approach powered by accurate financial insights. This is where precise financial reporting becomes a game-changer, offering a roadmap to navigate the complexities of business expansion.

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Unlocking the Full Cycle: Why Accounts Receivable Automation Complements Your AP Strategy

Nanonets

Automation has revolutionized the way finance teams operate, with accounts payable (AP) automation being the go-to first step for businesses looking to improve efficiency and cut costs. Companies like Nanonets and Centime have made AP processes smarter, faster, and more streamlined through cutting-edge technology, while also paving the way for more comprehensive financial solutions.

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The best and worst states for individual taxes in 2025

Accounting Today

From those with no individual income tax at all, to those with complex tax structures a guide to most and least competitive states when it comes to individual income taxes.

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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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6 Practical Budget Apps for Your Finances

Intuit

6 best budgeting apps for managing your money Theres no limit to what the smartphone in your pocket can do. Sure, its a great source of news and entertainment, but it can be a tool to help you get ahead. And, if your finances are an area youre looking to improve, theres no shortage of budgeting apps to help get you on track. However, the challenge becomes wading through the sea of options and choosing the one that works for you.

Budgeting 130
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The Hidden Costs of In-House Accounting: Is Outsourcing the Answer?

Accounting Department

For many medium-sized businesses, the decision to maintain an in-house accounting team seems like a straightforward choice. After all, having an on-site dedicated team can seem beneficial for managing financial operations closely. However, beneath the surface lies a myriad of hidden costs that can significantly impact your bottom line. This blog post explores these hidden costs and examines whether outsourcing accounting functions might be a smarter, more efficient alternative.

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IRS to send out $2.4B for unclaimed credits

Accounting Today

The agency will send out checks for up to $1,400 to taxpayers who didn't claim the Recovery Rebate Credit.

Tax 306
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Budgeting guidelines for living expenses

Intuit

Table of Contents What are living expenses? Categories of living expenses How to budget for monthly living expenses Budgeting tips Manage your living expenses for a brighter financial future When managing your money, living expenses are the heavy hitters. You know, those recurring costs that keep a roof over your head, food on your table, and the lights on.

Budgeting 130
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8 Ways Outsourcing Tax Preparation Can Help CPA Firms Meet Deadlines

Analytix Finance & Accounting

Tax season. Just hearing the word is enough to send a shiver down a CPA’s spine. The endless paperwork, the complex regulations, and the looming tight deadlinesits a challenging time for every accounting firm. But what if there was a smarter, more efficient way to handle the rush? Turns out, there is! By outsourcing your tax preparation. Outsourcing can help your CPA firm not just meet deadlines; it can completely transform how you approach tax season.

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The Hidden Pitfalls of Showback: Why Your Cost Allocations Might Be Wrong

finout

Struggling with unpredictable AWS cloud bills, internal conflicts over cost allocations, and endless manual work in spreadsheets? Youre not alone. Managing AWS cloud costs can be trickyrandom allocations of discounts, including Reserved Instances (RIs), Savings Plans (SPs), and Spot Instances, often lead to unpredictable bills, internal friction, and missed optimization opportunities.

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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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Appeals court reinstates injunction on beneficial ownership reporting

Accounting Today

A federal appeals court has reversed itself, reinstating an injunction on beneficial ownership information reporting by businesses only days after lifting it.

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What is a budget? 

Intuit

Table of Contents Why do you need a budget? Types of budgets How to start a budget Common budgeting mistakes Start budgeting today for a better financial future A budget is a summary of how much money you bring in and how much you spend. Think of it as a financial roadmap to measure and guide your income and expenditures for a certain period, such as a month, quarter, or year.

Budgeting 130
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App Aware: Clear Path to Cash

Insightful Accountant

In this edition of App Aware we look at the Clear Path to Cash App that empowers Advisors to find hidden cash and maximize Business value.

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The Hardest Firm Owner Trait to Master

Future Firm

What trait sets successful firm owners apart? In this episode, I share the key quality for achieving your ideal work-life balance. The post The Hardest Firm Owner Trait to Master appeared first on Future Firm.

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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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Aiwyn raises $113M in funding

Accounting Today

The money will help it expand from payments and collections to a broader practice management platform, and to develop a tax solution.

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What to include in a budget: 10 types of expenses

Intuit

Table of Contents Types of expenses Expenses to include in your budget Tips for managing your budget Putting your budget to work A budget is a financial record of your income and expenses over a set period of time. People often calculate and analyze their budgets yearly, quarterly, or monthly. Some might even track their expenses daily if theyre adamant about getting a handle on where their money is going.

Budgeting 130
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Advisor Alliance: InsureTax

Insightful Accountant

We've previously introduced you to InsureTax, a new way to insure against losses resulting from an IRS tax audit. now let us tell you about the partner program InsureTax offers.

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Bitcoin: Prudent Investment or Pricey Gamble?

Earmark Accounting Podcast

Blake challenges guest Noah D. Buxton, Co-Founder and CEO of The Network Firm, to make the case for Bitcoins lasting value. They explore the nature of money, the complexities of digital scarcity, the inevitability of tokenized real-world assets, and the forces driving institutional interest in cryptocurrency. This candid exchange offers insights into what truly underpins Bitcoins worth, how regulators and investors view it, and why blockchain technology is poised to reshape finance as we know it

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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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Why the 150-hour CPA requirement must evolve

Accounting Today

The extra year of education is turning away potential CPAs, especially when they can pursue alternative careers with just a four-year degree.

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The basics of budgeting

Intuit

Table of Contents Learning how to be on a budget Tips for making budgeting easier Creating a budget with Intuit Let’s be honest: The prospect of learning how to budget doesn’t usually spark excitement. If we had to guess, thats probably because budgets are often synonymous with limitations. But a well-crafted budget is actually more freeing than restraining.

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Happy Holidays from Insightful Accountant

Insightful Accountant

Please be safe as you observe this holiday season.

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If Your Balance Sheet is Wrong, So is Your Profit and Loss Statement. Here’s Why.

CSI Accounting & Payroll

If youre like most small business owners, your Profit & Loss Statement (also called P&L or Income Statement) is your holy grail. Your Balance Sheet thats another story. You might even know that its wrong and still not care.

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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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AICPA wants SEC to reject PCAOB rules on firm and engagement metrics

Accounting Today

The American Institute of CPAs is asking the Securities and Exchange Commission to reject the Public Company Accounting Oversight Board's recent standard.

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Bookkeeping Contract (Free Template + Instructions)

Future Firm

Clearly define services and timelines to deliver great results while enjoying more free time with our bookkeeping template and expert tips. The post Bookkeeping Contract (Free Template + Instructions) appeared first on Future Firm.

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2025 ProAdvisor Application Process Remains Open

Insightful Accountant

Holiday Leave is the perfect time to 'apply for' (or complete) your 2025 ProAdvisor Awards. Remember, you only have until February 11, 2025 to get those applications in for awards.

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Invoicera vs. Zoho Books vs. AlignBooks

Invoicera

Whether you’re looking for global scalability, user-friendly design, or industry-specific compliance, finding the perfect invoicing software can change how you manage your invoicing operations. Many businesses struggle with late payments due to inefficient invoicing systems. The solution lies in tools that streamline processes, ensure accuracy, and offer robust support.

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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 proposes new requirements for tax pros

Accounting Today

If enacted, the regs would require practitioners to maintain a certain level of technological competence, among other things.

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The virtual close

Accounting Tools

What is the Virtual Close? A virtual close involves the use of fully integrated company-wide accounting systems to produce financial statements at any time, on demand. This approach requires not only enterprise resources planning (ERP) systems, but also a great deal of effort to ensure that the underlying information is correct. The required investment is so large that you rarely see a virtual close in smaller companies.

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New Pathways to CPA Licensure Address Industry Talent Shortage

Insightful Accountant

The accounting profession is undergoing significant changes in how it approaches CPA licensure, driven by an urgent need to attract new talent. Many view the traditional CPA path's return on time investment as insufficient.

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1099 late filing penalty and filing deadlines

Black Ink Tax & Accounting

Table of Contents 1099 late filing penalty and filing deadlines For filing taxes, a business must make sure to be […] The post 1099 late filing penalty and filing deadlines appeared first on bitaccounting.

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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.