Monday, October 25, 2021

TaxBit Launches its Corporate Accounting Suite and Counts BlockFi Among First Enterprise Clients

SALT LAKE CITY, Oct. 25, 2021 /PRNewswire/ -- TaxBit, the leading tax and accounting software provider for the digital economy, launches its ERP, subledger solution—the TaxBit Corporate Accounting Suite.

Rob Loban , VP of Accounting at BlockFi, shared, "Our team is leveraging TaxBit's software to streamline the reporting and accounting of millions of transactions. In the past year alone, BlockFi has experienced incredible growth helping clients gain access to the crypto ecosystem.

Publisher: KPVI
Author: TaxBit
Twitter: @kpvi
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Private companies still playing catchup on lease accounting standard | Accounting Today

The majority of private companies have yet to implement the new lease accounting standard entirely, even though the effective date is fast approaching.

The respondents cited a number of reasons why they haven't implemented the new standard, noting the process was delayed by the pandemic (43%); it was taking more time than expected (42%); they didn't have all the necessary lease data gathered (41%); they were still learning about the requirements

Publisher: Accounting Today
Date: 2021-10-25T19:47:04.081
Author: https www accountingtoday com author michael cohn
Twitter: @AccountingToday
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Rehmann named among top accounting firms for women - Grand Rapids Business Journal

A financial services and advisory firm with a West Michigan presence was recognized for its elevation of women in the accounting industry.

The Accounting MOVE Project included Troy-based Rehmann — which has offices in Grand Rapids, Grandville and Muskegon — on its 2021 lists of "Best CPA Firms for Equity Leadership" and "Best CPA Firms for Women."

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Publisher: Grand Rapids Business Journal
Date: 2021-10-25T13:00:24 00:00
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Wolters Kluwer Tax & Accounting joins the BDO Alliance USA community for accounting firms and

Alliance members gain direct access to one of the industry's leading providers of innovative cloud-based technologies and expert industry insights

Working together, Wolters Kluwer Tax & Accounting North America in the US and BDO Alliance USA bring the combination of an industry leader in innovative technologies and research expertise and one of the most dynamic and influential communities for accountants.

Twitter: @Yahoo
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A Proper Accounting Of The Power Business - IT Jungle

Big Blue might be preparing for the spinout of its Kyndryl managed services company, now slated for early November, and its new financial presentations, which we reviewed two weeks ago , but that task is not yet done and until it is we are still getting the same financial view of IBM in the

But it is looking like IBM is going to be able to pad a better 2022, with Kyndryl taking on a huge amount of software and a reasonable amount of iron as it leaves its parent company.

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Publisher: IT Jungle
Date: 2021-10-25T04:05:34 00:00
Twitter: @ITJungleNews
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Stock Comp Accounting Break Aims to Save Private Companies Time

Private companies that give employees shares or stock options as part of their pay will get a bit of relief on how they measure the value of them.

The number these companies come up with to follow U.S. tax laws can be used in their financial statements to comply with financial accounting requirements, the Financial Accounting Standards Board said Monday .

Twitter: @tax
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Where does the value of a firm come from? | Accounting Today

As more and more firm owners look to transition, it's crucial that they understand what, exactly, is valuable about their practice. The Visionary Group's Bob Lewis and Doug Lewis dive into what makes a practice saleable — and what doesn't.

Publisher: Accounting Today
Date: 2021-10-25T14:37:17.908
Author: https www accountingtoday com author daniel hood
Twitter: @AccountingToday
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Council agrees to accounting software add-on to streamline permit purchases

The El Dorado City Council has approved an expenditure of nearly $9,000 for an add-on that is intended to enhance and streamline a component of the city's accounting software system.

Council members have approved another $5,000 to purchase smart-texting technology to better communicate with and engage with local residents.

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Publisher: El Dorado News Times
Date: 2021-10-25 12:00
Author: Tia Lyons
Twitter: @el_newstimes
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Group seeks full accounting of Laxalt's correspondence with Russian campaign backers - Las Vegas

In this Nov. 5, 2020, file photo, former Nevada Attorney General Adam Laxalt speaks during a news conference in front of the Clark County Election Department in Las Vegas.

The Nevada Democratic Victory, a group whose mission is to help Democratic candidates across the state win their races, filed a public records request today with the state seeking details on former Republican Attorney General Adam Laxalt's activities during his unsuccessful 2018 campaign for

Publisher: Las Vegas Sun
Date: 2021-10-25T11:54
Author: https lasvegassun com staff jessica hill
Twitter: @LasVegasSun
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