Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
April 9, 2018
How the $15 Minimum Wage is Affecting Small Businesses
Minimum wage is on the rise in the United States. While the federal government mandates a national minimum wage of $7.25 per hour, local and state governments have taken matters into their own hands; the city of Seattle was one of the first jurisdictions to set their minimum wage at $15 per hour. [From LendEDU]...…
April 8, 2018
Art and Science of Revenue Automation: Practical Lessons for Automating Revenue under ASC 606 – Part 3
ASC 606 is the new revenue recognition guidance that is scheduled to go into effect at various points depending on the entity. Many companies are focusing significant attention on the adoption process.
April 6, 2018
Art and Science of Revenue Automation: Practical Lessons for Automating Revenue under ASC 606 – Part 1
ASC 606 is the new revenue recognition guidance that is scheduled to go into effect at various points depending on the entity. Many companies are focusing significant attention on the adoption process.
April 6, 2018
Treasury Dept. Sanctions 17 Russian Officials, 7 Russian Oligarchs, and 12 Companies
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated seven Russian oligarchs and 12 companies they own or control, 17 senior Russian government officials, and a state-owned Russian weapons trading company and ...
April 5, 2018
Art and Science of Revenue Automation: Practical Lessons for Automating Revenue under ASC 606 – Part 2
ASC 606 is the new revenue recognition guidance that is scheduled to go into effect at various points depending on the entity. Many companies are focusing significant attention on the adoption process.
April 5, 2018
Small Business Owners Unsure of Tax Reform Benefits
Small business owners say they are optimistic about current and future business conditions but also are worried about the impact of the Tax Cuts and Job Act that was signed into law in late 2017. Capital One's latest Small Business Growth Index found ...
April 3, 2018
Vertex Announces Integration with Acumatica
Vertex, Inc., a provider of tax technology solutions and services, today announced the availability of an integration between its indirect tax solutions with Acumatica applications. Available in both on-premise and cloud technology, Vertex tax ...
April 3, 2018
Five Ways to More Successful Banking and FinTech Partnerships
No one wants to engage in a one-night stand around finance. There is too much risk involved for all parties. As such, it’s important that the fintech-banking partnership is able to scale as business grows. While a lot of companies look at technical ...
April 3, 2018
Electronic Payments: Is Efficiency or Speed More Important?
For inbound payments, 52 percent of corporate treasurers viewed the ability to post more information as more imperative to operations than the speed of settlement, while 36 percent ranked faster settlement as ...
April 2, 2018
How the IRS Wants to Spend Its 2018 Budget
Enforcement is at an all time low. I have been doing this for 24 years, and when the U.S. government isn’t obtaining the revenue they are supposed to, the result is that the IRS becomes fully funded, and gets out of control.
March 31, 2018
Everything You Know About Electronic Payments is Wrong
Between 2010 and 2013, the Association for Financial Professionals (AFP) reported a 17% percent drop in organizations use of checks to make B2B payments. That’s 17% of businesses using fewer checks and making more invoice payments through alternative ...
March 28, 2018
Canopy Receives $30 Million in New Funding for Cloud Tax Services
Led by New Enterprise Associates (NEA), with participation from Wells Fargo Strategic Capital, Pelion Ventures, University Growth Fund, and EPIC Ventures, the additional funding will support Canopy’s momentum in disrupting the $100B+ tax software and ...