Abrigo

JANUARY 20, 2015

Experts have been saying for years that accounting firms’ clients in the future will seek less help related to compliance and more advisory help managing their business. For a handy list of topics that can help you get the conversation going, download a free worksheet, “ Tax season prep: A worksheet for client meetings.”

How To 150

How To eBook Taxes Meeting 150

FICO

MARCH 8, 2021

This year the Internal Revenue Service (IRS) will start accepting 2020 tax returns on February 12 , about two weeks later than usual. That’s positive news—because you definitely want to file your tax return as soon as possible, particularly if you’re claiming a refund. How do fraudsters commit tax refund fraud?

Taxes 52

Taxes Fraud Security Cards 52

PYMNTS

APRIL 3, 2020

In practice, however, understanding which organizations can benefit most, and how to take the first steps in a seemingly monumental task of shifting from manual to automated AP workflows, can overwhelm any organization. ” From Onboarding to Compliance. A Payments Balancing Act.

Taxes 131

Taxes Compliance Payments Data 131

PYMNTS

DECEMBER 18, 2018

Technology may be enabling automation in small business (SMB) accounting and financial management, but rather than cutting out the need for human accountants in the field, this tech disruption is supporting a change in the profession. This means that in the SMB FinServ space, there is a significant market opportunity to target the accountant.

Management 134

Management Fintech Tools Technology 134

CFPB Monitor

AUGUST 4, 2016

The CFPB has issued its 2016 Plain Writing Act Compliance Report. It also notes that its small entity compliance guides and other documents intended for use by industry in implementing regulations are “written in plain language appropriate for the intended audience.”

Compliance 60

Compliance Report Regulation Taxes 60

Abrigo

JUNE 30, 2017

percent provide tax preparation services. percent provide tax preparation services. As described in the Journal of Accountancy’s Consulting services can grow your firm—if managed properly , this trend of moving towards consulting services exemplifies the new strategy many accounting firms have adopted. Whereas 77.7 Whereas 77.7

eBook 220

eBook Compliance Taxes United States 220

FICO

MARCH 25, 2022

While it may seem like an esoteric topic, explainability in fraud management is important – and it’s especially relevant when it comes to using AI and machine learning in fraud detection and prevention. In other words, a fraud management system isn’t a black box. Effective Fraud Management Requires Explainable Technology.

Fraud 52

Fraud Management System Course 52

Abrigo

MAY 10, 2021

Takeaway 2 Process management features of a loan origination system help manage the workflow, from analysis through closing. A loan origination system (LOS) should perform several basic functions to automate and manage the end-to-end steps in the commercial loan process. LOS process management features.

System 195

System Lending Analysis Software 195

Abrigo

DECEMBER 23, 2015

However, CPA’s often dive into accounting work that only meets the compliance requirements. It’s common knowledge that clients need tax returns or financial statements completed and submitted in a timely manner. Somewhere in between the lines of compliance and business advisory service, a disconnect exists.

Compliance 150

Compliance Taxes Resources Management 150

PYMNTS

FEBRUARY 28, 2020

An entrepreneur who opens a coffee shop or launches a FinTech startup isn’t in business to crunch numbers and file taxes. Yet, the burden of financial management, from tedious data entry to compliance challenges, is a nonnegotiable part of starting a small business (SMB). “In retrospect, it was a big mistake.

Capital 154

Capital Taxes Software Data 154

Abrigo

MAY 23, 2017

While some believe the fear mongering is overdone, many firms in the accounting profession are nonetheless seeking to move from the kind of backward-looking compliance work (such as tax preparation and auditing) that is increasingly automated.

eBook 150

eBook Compliance Taxes Study 150

Abrigo

JUNE 10, 2020

LaFontaine failed to take sufficient action when presented with significant AML program deficiencies in the Bank’s SAR-monitoring system and the number of staff to fulfill the AML compliance role by his AMLO [AML Officer],” the document said. If you don’t have compliance from the top down, document it, and look for another job,” she says.

Resources 195

Resources Regulation Compliance Policies 195

PYMNTS

NOVEMBER 1, 2018

In the rare instance that a new market emerges, using the blueprints that other industries have created in supply chain management, logistics, procurement and other areas may seem like the easy path to take. “It’s not just about the retailers and distributors and brands; it’s about the state and local taxes.”

Taxes 122

Taxes California Regulation Innovation 122

FICO

MARCH 31, 2016

As FICO’s premiere client conference, FICO World 2016 , heads to the nation’s capital at the end of next month, it is not surprising that regulatory compliance strategies and solutions will be a hot topic of discussion. Model management continues to present financial institutions with new compliance obstacles.

Compliance 40

Compliance DC Washington Regulation 40

PYMNTS

JULY 23, 2018

subscribers can now organize payroll entirely online, with all federal, state and local payroll taxes automatically paid and filed. We are confident that together we can help business owners manage the back-office complexities that can distract them from growing their companies.”. Xero’s U.S. Xero has 1.4

San Francisco 101

San Francisco Denver Software Taxes 101

PYMNTS

NOVEMBER 16, 2017

For example, Wu said, “When we started to sell furniture, we thought, well, let’s see if people want to buy it, and then we’ll figure out how to ship it.”. Making sure he got all that straight was a big chunk of those weekly hours Wu spent managing the company’s payables operations. It was a nice crash course early on,” Wu said.

Taxes 115

Taxes Compliance Course Payments 115

Abrigo

OCTOBER 17, 2014

Many of those clients will be facing major life and business decisions in the near future as they approach retirement age, presenting a unique opportunity for accountants to assist them through services that go beyond tax preparation. Join “ How to Prepare for Booming Growth in Valuation Services ” on Oct. 21 at 1 p.m.

Taxes 191

Taxes How To Training Resources 191

Abrigo

MAY 31, 2016

Many accountants, however, continue to run their practices the way they have been for years: focused on compliance-related services, battling compressed work schedules and lamenting pricing pressure.

Strategy 150

Strategy Taxes How To Resources 150

Abrigo

JANUARY 19, 2016

This isn’t surprising, considering valuations can often be a one-and-done kind of engagement – unlike many traditional accounting services, such as tax preparation and auditing where compliance requires clients to have the work performed annually. ESOP plans necessitate valuations for regulatory compliance.

Taxes 150

Taxes Regional Compliance Survey 150

Abrigo

JULY 17, 2017

He is also sharing tips for ensuring compliance with overarching consulting services standards in the accounting profession. The typical services of audit, tax and bookkeeping require primarily technical expertise – mastery of audit and accounting standards, an understanding of tax law and regulations, and the ability to apply them.

Honolulu 150

Honolulu Taxes eBook Leadership 150

Abrigo

SEPTEMBER 14, 2016

For at least a decade, the accounting profession’s thought leaders have preached the need for accountants to grow advisory services, and many firms would like nothing more than to reduce their reliance on tax returns and other compliance services to generate revenue.

eBook 150

eBook Compliance Taxes Groups 150

Abrigo

FEBRUARY 5, 2021

Even after redoing this certification, borrowers may then still be declined on the same application due to another incorrect validation rule (for instance, an Applicant Tax ID issue),” the letter said. Nobody should fault the SBA for trying to be good custodians of our tax dollars or drive internal efficiencies. mail, Craig said.

Fraud 195

Fraud Lending Taxes Regulation 195

Abrigo

MARCH 3, 2015

Offering advisory services like valuation engagements or calculations of value can also provide new options for tax accounting firms to spread work and revenue throughout the year so they can address challenges related to workload compression. But how can you approach existing accounting clients to offer your valuation services?

Taxes 150

Taxes Compliance Strategy Report 150

PYMNTS

AUGUST 3, 2016

The business of cross-border domain name trading can be beset with compliance issues and confusing billing systems. Another priority was compliance, as the company had to be sure that it was trading appropriately. Compliance. company, it faced new compliance regulations, specifically OPEC sanctions.

Compliance 100

Compliance System Online Regulation 100

Abrigo

SEPTEMBER 1, 2017

Retaining the “right” clients for your accounting firm and taking the time to develop loyal relationships with those clients should be a high priority, according to practice management consultant Charles Hylan. 13: “ How to Build Client Loyalty at Your Firm.” Hylan is leading a webinar hosted by Sageworks on Sept.

eBook 150

eBook How To Technology Tools 150

PYMNTS

NOVEMBER 26, 2019

Businesses depend on the public services tax revenues pay for: roads that facilitate deliveries, courts where firms resolve legal disputes and regulators that help protect businesses from fraud. Even businesses eager to pay their share, however, may feel that complying with tax laws is complicated. . SSUTA’s Role in South Dakota v.

Taxes 141

Taxes South Dakota District of Columbia Compliance 141

Abrigo

JULY 12, 2021

Proliferation finance Guidance on Proliferation Financing Risk Assessment and Mitigation was released on how to implement the October 2020 revisions to the FATF Standards requiring the assessment and mitigation of proliferation financial risks, particularly those related to weapons of mass destruction and its financing. While the U.S.

Training 195

Training Policies United States Report 195

FICO

AUGUST 12, 2019

Here’s how to check your child’s credit report. Here’s how you can freeze your child’s credit. A child receiving preapproved credit card applications, or government notices related to taxes, benefits or even traffic violations. A child having a bank account application denied because of poor credit history.

Fraud 40

Fraud How To Resources Report 40

Independent Banker

DECEMBER 31, 2021

How long is your to-do list? Like most other community bankers, you spent many long nights processing Paycheck Protection Program (PPP) loans, planning how to do business in a pandemic and much more throughout 2020 and 2021. Planning for increased compliance costs. By Katie Kuehner-Hebert. In fact, 16.5% Click to enlarge.

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

DECEMBER 12, 2019

Reports in Bloomberg Tax this week said SEC Corporation Finance Deputy Chief Accountant Lindsay McCord spoke Tuesday (Dec. financings) in the calculation of financial ratios and for purposes of determining compliance with financial covenants,” the Big Four firms said in the letter, per the report.

Tools 145

Tools Report Washington Strategy 145

Gonzobanker

MAY 14, 2018

Banks should engage customers digitally and write about “helping customers with their taxes or something [valuable]… earning the right to promote.” And with all the talk about digital marketing and content, where were the marketing platform and content management system vendors like Adobe , Hubspot , Marketo and Sitecore ?

Branding 127

Branding Industry Apple Marketing 127

FICO

JUNE 15, 2020

If it’s not possible to get this list, the elder’s mail and previous tax returns will be very helpful. Who will manage the family member’s accounts? Should the elder’s accounts be jointly held with the family member managing them? Help your elder understand how to skeptical of unfamiliar callers who do get through.

Fraud 52

Fraud Exercises Taxes Resources 52

PYMNTS

JANUARY 19, 2021

But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies. As the seller of record, we manage the filing, the collection and the remittance of taxes in every jurisdiction.”.

Branding 322

Branding Taxes Fraud Regulation 322

Bankelele

DECEMBER 3, 2014

A question I often get, is when should I hire hire an accountant to manage the books of my small or growing company? They handle more than just tax and payroll. A good reason for hiring an accountant however is to create a business plan, form a company, apply for loan, during tax audit or simply in order to delegate some duties.

Taxes 34

Taxes Software Report Analysis 34

PYMNTS

DECEMBER 27, 2016

In case there’s curiosity about where those come from and how they get updated, here’s a clue: It’s not just the government. On a subscription basis, businesses large and small depend on them through the year — and years — to keep them updated on law changes and compliance when it comes to required posters.

Regulation 100

Regulation San Francisco Nebraska Trends 100

Independent Banker

OCTOBER 31, 2021

First State Bank & Trust now automatically issues compliance disclosures within its Consumerbot and Mortgagebot platforms. It has also added tools that help to more easily digest documents and that sync with different outlets to get items such as tax returns, pay stubs and bank statements. “At

Lending 91

Lending Community Bank Community North Dakota 91

PYMNTS

SEPTEMBER 5, 2019

Governments rely on tax revenues to fuel the vital services they provide to residents and businesses – from firefighting and public education to water system repair and road maintenance. Retail sales taxes have long been key sources of state governments’ budgets and have been their greatest single stream of revenue since the mid-1900s. .

South Dakota 116

South Dakota Taxes Policies North Dakota 116