Accounting Today

DECEMBER 8, 2023

With steep civil penalties of up to $500 per day for each day a BOI report is late, business owners will want to make sure they get theirs in on time.

Accounting 240

Accounting Accounting 240

Accounting Department

MARCH 20, 2025

Many businesses find themselves in a position where their bookkeeping is well-managed, but they lack the high-level financial insights necessary to make informed decisions. As companies grow, financial complexity increases and the need for accurate financial oversight becomes critical.

Bookkeeping 263

Bookkeeping Bookkeeping Services Accounting Accounting 263

Accounting Department

NOVEMBER 27, 2024

FP&A must also adapt to changes based on new information. Real-time updates provide changing insights into the company, allowing the owner to use the information to influence their bottom line. While accounting tells what is happening with the company, FP&A answers the question of why it’s happening.

Budgeting 260

Budgeting Financial Statements Accounts Receivable Account Receivables 260

Accounting Department

JANUARY 15, 2025

The recent closure of a major accounting platform highlights the essential need for businesses to protect their financial information proactively. When an accounting service provider unexpectedly closes, businesses may find themselves in a rush to retrieve their financial data and maintain operations.

Accounting 258

Accounting Accounting 258

Accounting Department

JANUARY 29, 2025

FP&A examines historical data and forecasts future trends to aid companies in making informed business decisions. FP&A must also adjust to shifts prompted by new information. Real-time updates offer evolving insights into the business, enabling the owner to utilize the information to impact their financial outcomes.

Budgeting 276

Budgeting Financial Statements Accounts Receivable Account Receivables 276

Xero

DECEMBER 10, 2024

Engage with your suppliers and customers: Inform your business partners about the upcoming changes and work together to ensure a smooth transition to e-invoicing. Disclaimer: This article is for informational purposes only and does not constitute financial or legal advice. Ready to embrace e-invoicing?

Invoicing 231

Invoicing XERO Invoice Processing Tax 231

Xero

JANUARY 13, 2025

Actionable insights: We provide you with the insights you need to make informed decisions and drive growth. Personalised insights: We provide you with tailored insights to help you make informed decisions. Massive ecosystem of applications: We offer a wide range of integrations with other business apps to streamline your workflows.

XERO 246

XERO Bookkeeping Accounting Accounting 246

Accounting Today

MARCH 24, 2025

companies and people to report beneficial ownership information. The interim final rule removes the requirement under the Corporate Transparency Act for U.S.

Accounting 297

Accounting Accounting 297

Accounting Today

AUGUST 21, 2024

The Internal Revenue Service and its partners have identified half a dozen steps for safeguarding taxpayer information.

Tax 338

Tax 338

Xero

MARCH 10, 2025

Analytics powered by Syft gives them the tools they need to make better-informed business decisions and drive future growth and stability, this is just the start of the our insights journey with more functionality and regions coming soon. Get ready to see your business in a whole new light!

XERO 187

XERO Payroll Invoicing Tax 187

Accounting Today

MAY 3, 2024

The landscape of Corporate Transparency Act beneficial ownership information reporting continues to evolve, and accountants and others who advise their small business clients need to stay ahead of the curve.

Accounting 342

Accounting Accounting Tax 342

Xero

DECEMBER 17, 2024

Every twelve months following your final pay run, youll need to send specific information to HMRC: a Full Payment Submission (FPS) and possibly an Employer Payment Summary (EPS). Make sure you have the right, complete information so you dont need to make adjustments after submitting.

Payroll 234

Payroll XERO Tax 234

Accounting Today

MARCH 4, 2025

Love it or hate it, beneficial ownership information reporting is on the shelf for most small businesses for now, at least.

Financial Reporting 287

Financial Reporting Accounting Accounting 287

Intuit

DECEMBER 9, 2024

Sellers will be able to make more informed decisions that boost their financial health. The ability to manage their business end-to-end will not only fuel their success, but also give sellers confidence theyre compliant and ready for tax time with streamlined filing through the Intuit platform.

QuickBooks 246

QuickBooks Tax Payroll Billing 246

Accounting Today

DECEMBER 27, 2024

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

Accounting 64

Accounting Accounting 64

Accounting Today

NOVEMBER 26, 2024

The Internal Revenue Service extended its transition relief Tuesday for the new Form 1099-K information reporting threshold.

Tax 317

Tax 317

Accounting Today

MAY 15, 2024

Tax professionals will need to take extra steps to get access to certain systems and information.

Tax 312

Tax 312

Accounting Today

OCTOBER 19, 2023

The CTA and beneficial information reporting may be a game-changer for accounting firms. Here's what you need to know.

Accounting 345

Accounting Accounting Financial Reporting 345

Accounting Today

OCTOBER 2, 2024

Start small, educate employees and stay informed as generative AI develops so you can position your firm for future success.

311

311

Accounting Today

SEPTEMBER 18, 2023

The service said Monday it plans to lower its audit rate of low-income taxpayers, even as some criticize its ability to protect taxpayer information.

Auditing 344

Auditing Tax 344

Accounting Today

SEPTEMBER 29, 2023

The Internal Revenue Service is allowing tax practitioners to see their client's tax information, including balance due amounts, as well as withdraw from their active authorizations online in real time.

Tax 345

Tax Accounting Accounting 345

Accounting Today

JANUARY 19, 2024

The Internal Revenue Service and the Treasury released information on tax incentives for installing electric vehicle charging stations and where they can be located.

Tax 342

Tax 342

Xero

JUNE 25, 2023

This will make it easier to find the information you need quickly. A redesigned contact overview page The redesigned contact overview page will make it easier to find the information that you’ve told us is most important. This feature makes life that little bit easier for you to find the information you need more efficiently.

XERO 290

XERO Purchase Order Billing Invoicing 290

Accounting Today

OCTOBER 22, 2024

Materia's platform can answer accounting queries in plain language and embed citations so users can verify the information.

Accounting 305

Accounting Accounting Tax 305

Accounting Today

NOVEMBER 8, 2023

By clicking on malicious links and then entering your login information, you risk letting cybercriminals pretend to be you and send out $250,000 worth of fake invoices.

Invoicing 337

Invoicing 337

Accounting Today

OCTOBER 10, 2023

A majority of chief audit executives and information technology audit leaders consider cybersecurity to be a top risk over the next year, but they're less concerned about artificial intelligence.

Auditing 336

Auditing 336

Accounting Today

SEPTEMBER 27, 2023

The Internal Revenue Service and the Treasury Department released information on two energy-related tax breaks under the Inflation Reduction Act.

Tax 331

Tax 331

Xero

DECEMBER 10, 2024

Every twelve months, following your final pay run, youll need to send specific information to HMRC: a Full Payment Submission (FPS) and possibly an Employer Payment Summary (EPS). Tackle common year-end payroll challenges Manage large quantities of complex data When a business grows, the amount of employee information also grows.

Payroll 130

Payroll XERO Tax Accounting Software 130

Accounting Today

JANUARY 17, 2024

The Internal Revenue Service offered information about how business owners can avoid electronically filing their income tax forms if it violates their religious beliefs.

Tax 329

Tax 329

Accounting Today

OCTOBER 9, 2024

Bill Cassidy, R-Louisiana, and Mark Warner, D-Virginia, introduced legislation supported by the AICPA that would create a dashboard to inform taxpayers of backlogs and wait times for their tax refunds. A bipartisan pair of lawmakers, Sen.

Customer Service 305

Customer Service Billing Tax 305