Accounting
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Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
What is a Series LLC and Why Your Clients Should Care
The series LLC allows business owners to divide multiple investments and debts and to operate each LLC as a separate entity with its own name, bank account, and recordkeeping. Under the master LLC, each separate entity can ...
Retailer Group Supports ‘Small Business Comeback Act’
The National Retail Federation is applauding legislation introduced by Congress that would give small businesses new coronavirus pandemic assistance that could be used to pay expenses such as rent and taxes rather than just employee wages.
AICPA’s Financial Reporting Executive Committee Seeks Feedback on Insurance Entities Working Draft
The new FASB accounting standard on Long-Duration Contracts makes targeted improvements to the existing recognition, measurement, presentation and disclosure requirements for long-duration contracts issued by an insurance company. FinREC and the ...
Critical Considerations on RPA and Why It’s Important
Novel or transformative? The latter best describes the trajectory of robotic process automation (RPA). A May 1, 2018 article in Forbes Magazine written by Patrick Taylor stated that corporate finance teams spend about 80 percent of their time gathering, verifying, and consolidating data, leaving only about 20 percent for higher-level tasks like analysis and decision making. While […]
Emerging Stronger than Ever: A Free Strategic Guide for Accountants
We have all experienced an unprecedented crisis. But what if you could help your firm actually emerge stronger in the long run? The truth is, not only can you bounce back, but you can thrive for years to come – if you take this as a wake-up call to reinvent your practice. In this free […]
Senate GOP Agrees to Another Round of $1,200 Coronavirus Stimulus Checks
Instead of a payroll tax cut, the GOP will now back $1,200 checks for individuals who make up to $75,000 a year, exactly as in the March stimulus bill. Mnuchin said that would get money into the economy faster than cutting the payroll tax, which would ...
How Nvoicepay Reduces Payment Errors
Payment errors take up an inordinate amount of AP (and AR) time—about 20-30 minutes total per error, by our estimate. This is time spent that adds absolutely no value. In fact, it’s a drain on the bottom line.
Global Accounting Orgs Launch New Govt Accounting Tool for Covid-19 Fiscal Impacts
With more than $9 trillion spent by governments globally on fiscal interventions in the past three months, the effect of the pandemic on public finances will be both immediate and long-lasting.