Avalara has released Avalara Managed Returns for Accountants (MRA), a cloud sales tax solution designed for accounting firms. MRA automates sales tax preparation and filing, providing clients with a managed service.
MRA arrives as professionals work overtime to help clients manage an increasing list of tax-related trends, including increased sales tax complexity following the 2018 South Dakota v. Wayfair, Inc. Supreme Court decision. The ruling resulted in ongoing state-specific economic nexus legislation, with nearly every state having varying effective dates, exemptions and thresholds, causing clients to have to deal with increasing levels of complexity.
Other things to check out:
Baldwin CPAs hires client accounting specialist - Lane Report | Kentucky Business & Economic
RICHMOND, Ky. — Matthew Ashby joined Baldwin CPAs in January 2021 as a client accounting specialist in its Richmond office. He is a graduate of Eastern Kentucky University with a bachelor's degree in accounting, finance, and risk Management and insurance.
Bento for Business Launches Enhanced Accounting Features to Simplify Bookkeeping and Radically
Combined with Bento's powerful, AI-driven, receipt capture and matching features, these enhancements remove much of the friction of collecting and organizing information that CFOs and Controllers need in order to reconcile their books. Additionally, the new custom field creation and mapping option makes it easy for company employees to code their own transactions using simple terms, if needed.
"Our customers have been telling us that reconciling their books at month and year end was one of their biggest pain points," said Guido Schulz, CEO, Bento for Business. "With these enhancements, we hope we are able to eliminate yet another area of stress and inefficiency for our customers and continue on our mission to be the most helpful financial partner for our customers."
Accounting Practice Management Market Trends Adopted By The Competitors In 2020 – The
United State,Washington: North America features a significant international presence within the global Accounting Practice Management market in 2020 amid the center East/Africa, Europe, and therefore the Asia Pacific, respectively
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The Accounting Practice Management Market Report analyzes opportunities in the overall Accounting Practice Management for stakeholders by identifying the high-growth segments. Accounting Practice Management Market reports cover complete modest view with the stake and company profiles of the important contestants working in the worldwide market.
Quite a lot has been going on:
Grant Thornton faces $272 million lawsuit for accounting failure | Business Insurance
BI's Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.
To search specifically for more than one word, put the search term in quotation marks. For example, "workers compensation". This will limit your search to that combination of words.
To search for a combination of terms, use quotations and the & symbol. For example, "hurricane" & "loss".
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U.K.-based cake shop chain Patisserie Valerie Group's liquidators FRP Advisory LLP have sued audit firm Grant Thornton UK LLP £200 million ($272.4 million) for accounting failures, City AM reported. Grant Thornton's alleged negligence in auditing Patisserie Valerie's financial statements from September 2014 through September 2017 is cited as the reason for the Patisserie Valerie's failure to identify the significant fraud and financial inadequacy it was facing.
The future is remote | Accounting Today
The changes of the past year around how and where staff can work are irreversible, and accounting firms need to adjust and find ways to make the most of the tremendous opportunities afforded by "boundaryless" work, say Jennifer Wilson and Renee Moelders of ConvergenceCoaching.
State: Village of Monticello faces budgeting, accounting challenges
MONTICELLO – The Village of Monticello's finances are "dire," it's far behind in bookkeeping, its savings and tax-raising capacity are exhausted, its buildings are decrepit and it can't afford to fix them, the State comptroller said Friday.
In a pair of newly released audits, state Comptroller Thomas DiNapoli's staff focused on the period from Aug. 1, 2018 to July 31, 2019. But the financial condition for the village, which employed 72 and managed an $8.1 million budget last year, remains dire.
Art of Accounting: Top 10 all-time leadership and management books | Accounting Today
My list of the Top 10 leadership and management books is list. I could likely include three or four dozen additional books, but I wanted to limit my selections to my top 10.
Meanwhile, these are books I learned a lot from and wholeheartedly recommend to my colleagues and all business managers and leaders. Enjoy! A tip is to read one you've never read every two months. This will get you through the entire list in the next two years. Not such a bad undertaking. Also, with one exception, they are not too long.
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