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The Association of Chartered Certified Accountants is offering a special tribute to its first female member, Ethel Ayres Purdie, while celebrating the role of women in accounting as the ACCA marked International Women’s Day on Friday. ACCA said it was the first professional accountancy body to admit a woman into membership in 1909. Purdie went […]
CFOs are on the front lines of optimizing company processes, and that usually includes selecting the best technology for the job. Their job often is to recalibrate the best processes for proactive spend in organizations, shrinking the widening disparity between modern expectations of technology and the aging technology stack that accounting and finance teams are […]
AccountingSuite now integrates with Timesheet Mobile AccountingSuite, which offers accounting software with built-in inventory management solutions, now integrates with Timesheet Mobile, an employee scheduling and time-tracking system. Users can now upload timesheets for payroll, customer invoicing and job costing. Additionally, the integration automatically syncs employees, clients, customers, projects and tasks directly within the AccountingSuite platform. […]
Employers added only 20,000 jobs in February, the U.S. Bureau of Labor Statistics reported Friday, including 4,100 in accounting and bookkeeping services, although the unemployment rate fell two-tenths of a percent to 3.8 percent and average wages also increased. Employment in professional and business services, such as accounting, along with health care and wholesale trade […]
Many high-net-worth taxpayers are taking concentrated stock positions off the table in the face of uncertainty in the economy, financial markets, and state and federal law-making bodies. These large liquidity events are one reason why the federal Qualified Opportunity Zone program was introduced in the Tax Cuts and Jobs of 2017. Part 1 of this […]
A pair of House Democrats has introduced a bill to extend the tax-filing deadline until May 20 to give taxpayers more time to file their taxes after the partial government shutdown, amid lingering uncertainty over the extensive changes in the tax code and tax forms in the wake of the Tax Cuts and Jobs Act. […]
Truth in Accounting, a government watchdog group, is objecting to a proposed overhaul by the Governmental Accounting Standards Board in the financial reporting model for state and local governments and voiced its displeasure at a GASB hearing this week. GASB issued a Preliminary Views on Project No. 3-25 last September with the goal of improving […]
Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South DakotaTotal revenue: $1,650.38 million. Average firm growth: 8.30% Both revenues and the average growth rate were up in this region. Its fastest-growing firm, Nebraska’s Lutz, was also one of the four new Top 100 Firms this year.
The Internal Revenue Service is subjecting a relatively small percentage of wealthy taxpayers to tax audits, and less than half of the biggest corporations in the U.S. are now being audited, according to a new report. The report, from Syracuse University’s Transactional Records Access Records Clearinghouse, or TRAC, found that 97 out of every 100 […]
Some of the states that are paying the highest amounts in federal taxes are also the ones that will be hurt the most by the $10,000 limit on the state and local tax deduction under the Tax Cuts and Jobs Act, according to a new study. The research, by the personal finance site MoneyRates.com, found […]
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