ThomsonReuters

AUGUST 22, 2023

company expanding its footprint to a global scale should keep in mind the differences in the tax code when looking to hire employees abroad, as well as accommodate for the many cultural or labor norms in different countries. Unfortunately, there are downsides as well. Many considerations when going global. She explained that a U.S.

Compliance 98

Compliance Start-ups Marketability Technology 98

ThomsonReuters

MAY 5, 2022

In fact, a recent survey by human resource consulting firm Robert Half found that 91 percent of finance and accounting professionals said they are concerned about valued employees on their team leaving for new opportunities. These include: Talent – recruit more people, develop people, and accommodate remote working.

Accounting Firms 96

Accounting Firms Technology Finance Marketability 96

Audit Board

AUGUST 25, 2022

These characteristics are also driving how we should reimagine recruiting and retention. . Internal audit leaders identified the following as more successful: #1 Offering remote work as an option , which 75% of respondents cited as successful. #2 Millennials and Gen Zers often seek hybrid schedules balancing in-office and remote work.

Technology 98

Technology 98

ThomsonReuters

AUGUST 1, 2023

The results show that tax and accounting professionals know exactly what they want in an employer—and here’s how firms can heed the call. So how much is today’s accounting talent looking for in terms of salary? But how do you offer work-life balance in a profession that demands doing more with less? hours per week.

Accounting Firms 98

Accounting Firms Technology Compliance Finance 98

Rhythm Systems

JUNE 30, 2023

People Next, CEOs are concerned about hiring, employee engagement, accountability, leadership and performance management. How do you get the team to work cross-functionally? How do you organize and lead the change initiatives across the company? CEOs worry about managing growth and growing predictably.

Marketability 52

Marketability 52

Audit Board

OCTOBER 4, 2022

This article originally appeared on the ISACA blog. . As businesses continue to extend their digital footprints to support remote workers and deliver the products and services customers demand, the risk of a breach grows exponentially. A Proactive Approach to Removing Vulnerabilities. Patch management.

Compliance 52

Compliance 52

ThomsonReuters

MARCH 21, 2023

Through small acts of kindness and gratitude, your firm can reap big benefits in terms of staff engagement, productivity, and retention. How to show staff appreciation If you’re looking to make appreciation part of your firm’s growth strategy, here are five ways to show your staff how much you care. Prioritize well-being.

Accounting Firms 59

Accounting Firms Technology 59

ThomsonReuters

JANUARY 3, 2023

Disparate systems, remote work environments , and staffing constraints are among the issues they must navigate, and without the right tools and resources in place, it can be difficult. The research also found that auditor work-life balance is as important as compensation in determining the overall satisfaction of accounting firm employees.

Technology 59

Technology Accounting Firms 59

ThomsonReuters

AUGUST 2, 2022

Even as accounting firms emerge from the COVID-19 pandemic with a new appreciation for technology’s ability to enable remote work and seamless collaboration, a new challenge has surfaced. This shift can increase engagement and lower the risk of burnout by offering staff more rewarding work. Collaborate in real-time with clients.

Technology 98

Technology Accounting Firms Start-ups 98

ThomsonReuters

AUGUST 2, 2023

Offer flexible working arrangements Flexible hours and hybrid working models often allow employees to achieve a healthy work-life balance, which can be beneficial to their mental and emotional needs. It takes a combination of insight and determination to recruit the right talent for your accounting firm.

Accounting Firms 98

Accounting Firms Marketability 98

ThomsonReuters

JUNE 28, 2023

The rule would change the current, more abbreviated and employer-friendly version of the DOL’s economic realities test, back to something representing its prior rule that would rely on several factors, which tend to favor an employee relationship. Background on DOL’s rule. 

Start-ups 98

Start-ups Compliance Technology 98

ThomsonReuters

MARCH 17, 2022

This raises the question of how to manage millennial and Gen Z accountants. How to manage them: Illustrate how the accounting profession can contribute to social good. Show the big picture to help them feel more engaged at work. Even for simple tasks, explain the value and how they contribute.

Accounting Firms 52

Accounting Firms 52

ThomsonReuters

FEBRUARY 13, 2023

As a matter of fact, most entry-level positions start out examining spreadsheets for inaccuracies, entering trial balance data into engagement software, and formatting financial statements. But how exactly does this work? In an era of staffing shortages, accounting firms must increasingly look outside the box to fill gaps in talent.

Accounting Firms 59

Accounting Firms Technology Start-ups Compliance 59

ThomsonReuters

JANUARY 14, 2022

Employee retention credit. It’s no surprise that the Employee Retention Credit (ERC) was the most searched term of 2021. Payroll practitioners searched the topics of eligibility and how to claim the credit. Established under the CARES Act (P.L. 116-136, Sec. 116-136, Sec. Section 9651 of the American Rescue Plan Act (P.L.

Fair Market Value 94

Fair Market Value Comps Compliance Marketability 94

ThomsonReuters

OCTOBER 7, 2021

Recruit/Retain top employees . Recruit/Retain top employees. Top employees expect to use modern tools to perform their work duties, collaborate with others, conduct research, and complete administrative tasks, especially those new to the profession. Today’s employees want to be able to: . Why automation?

Start-ups 52

Start-ups Technology Accounting Firms Compliance 52

Internal Audit 360

FEBRUARY 3, 2022

Culture audits can be completed as part of a stand-alone assessment of the entire organization’s culture or as part of other assurance projects to consider how culture affects a particular unit or function. So, how do you assess your internal audit department’s culture? Yet, assessing the culture of your own department is no easy task.

Start-ups 75

Start-ups Banking 75

Audit Board

MARCH 22, 2023

Ever since socially-minded entrepreneurs nurtured employee welfare to ameliorate the worst impacts of the Industrial Revolution, we have understood that ethical and economical impulses can be complementary rather than being mutually exclusive. It’s not just CEOs who can address employee well-being; we all have our part to play.

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ThomsonReuters

OCTOBER 21, 2022

” The Social Security Act of 1935 followed, where contributions to the Old-Age, Survivors, and Disability program were imposed through a payroll tax on both employers and employees. Technology has affected how many payroll professionals (either in-house or third parties) operate. Payroll strategies more prevalent in businesses.

Compliance 52

Compliance Technology Start-ups Equity 52

Audit Board

AUGUST 29, 2022

In this episode, Richard sits down with Zack Weatherspoon, Director, Global Internal Audit at John Deere , to discuss how his team is changing perceptions of internal audit to show the value audit can add, including: Developing and retaining a high-performing audit team that takes pride in how they contribute to the organization.

Start-ups 52

Start-ups Finance Technology Marketability 52

Internal Audit 360

FEBRUARY 3, 2022

Culture audits can be completed as part of a stand-alone assessment of the entire organization’s culture or as part of other assurance projects to consider how culture affects a particular unit or function. So, how do you assess your internal audit department’s culture? Yet, assessing the culture of your own department is no easy task.

Start-ups 52

Start-ups Banking 52

ThomsonReuters

JULY 7, 2021

Then, in 1935, the Social Security Act was signed into law, which resulted in a tax on both the employer and employee (6.2% if the employer qualifies for the full FUTA tax credit) on a certain amount of employee wages each year. if the employer qualifies for the full FUTA tax credit) on a certain amount of employee wages each year.

Start-ups 59

Start-ups 59

ThomsonReuters

OCTOBER 21, 2022

” The Social Security Act of 1935 followed, where contributions to the Old-Age, Survivors, and Disability program were imposed through a payroll tax on both employers and employees. Technology has affected how many payroll professionals (either in-house or third parties) operate. Payroll strategies more prevalent in businesses.

Compliance 40

Compliance Technology Start-ups Equity 40

ThomsonReuters

JULY 11, 2023

In the middle, 47% of firms reported they are expecting difficulty retaining existing employees in 2023. In the middle, 47% of firms reported they are expecting difficulty retaining existing employees in 2023. While the fundamentals of accounting remain the same, the processes and skill sets required to execute them are changing.

Technology 73

Technology Start-ups Accounting Firms Compliance 73

ThomsonReuters

FEBRUARY 22, 2021

to describe the total amount of money paid to a business’s employees over a period of time. Over time, payroll has become much more than just paying wages to employees. Employers are still struggling to make payroll and employees are continuing to adjust to new ways of working and caring for themselves and their loved ones.

Start-ups 95

Start-ups Compliance Banking 95

Appraiser Newsroom

MAY 31, 2022

By embracing this virtual world, I was able to participate in ASA’s EVC remotely while being abroad attending our ASA European Chapter event in Prague. By embracing this virtual world, I was able to participate in ASA’s EVC remotely while being abroad attending our ASA European Chapter event in Prague.

Appraisal 52

Appraisal Start-ups Technology Finance 52

ThomsonReuters

OCTOBER 20, 2020

Remote work has become the new normal for much of the U.S. In response to the fluid and uncertain situation that many businesses are facing, Checkpoint Catalyst conducted a comprehensive survey of state tax agencies to find out how individual states are managing tax issues related to COVID-19 worker displacement. In 2018, the U.S.

Compliance 40

Compliance 40

ThomsonReuters

JUNE 28, 2021

Although it is possible to automate payroll systems to account for these minimum wage increases, it is a good idea for payroll professionals to be aware of these changes to avoid the possibility of underpaying employees. per hour for large employers (21 or more employees). per hour incrementally by 2025. This represents 55.5%

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ThomsonReuters

OCTOBER 27, 2020

What I am predicting in the next six months or so, states are going to become more aggressive in auditing remote sellers ,” noted Shaun. In the sales tax area, for a very long time, they required a physical presence in the state in order to have nexus (employees in that state, property in that state, etc.).

Start-ups 40

Start-ups Compliance 40

ThomsonReuters

MARCH 8, 2021

And how we choose to handle or deal with challenges is also part of life. The Senate version continues to include the extension of the paid sick and family leave and employee retention tax credit extensions. Back on February 22, 2021, the United States reached a grim milestone of 500,000 deaths due to COVID-19. Choose to Challenge.

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ThomsonReuters

SEPTEMBER 7, 2023

This credit allows eligible taxpayers to reduce their tax liability by a certain percentage of the qualified expenses incurred for the care of their children or dependents. From an accountant’s perspective, you likely have heard these questions: How do dependents affect taxes? How do I go about claiming children on taxes?

Start-ups 52

Start-ups Dividends Compliance Technology 52