Managing a CPA firm is not a cakewalk in any way. CPAs face numerous hurdles time and again. CPAs can be knocked for six especially during the tax season. They also need to be in tune with the new tax rules and need to cater to their customers promptly. On top of this, they need
Finance and accounting are a core function for an organization. In small business, accounting refers to tasks encompassing maintaining a general ledger – your books — and preparing financial statements. Beyond the world of small business accounting, there are different facets of accounting. While reduced cost comes across as a primary motive for outsourcing accounting
For business owners and organizations with employers, payroll is a significant task. It is an equally time-consuming task requiring compliance with various laws and regulations. Payroll affects every area of a business from employees’ trust to the financial stability of the company. Whether the payroll process is done manually or through computer software, it is
London, United Kingdom, August 29, 2019 Initor Global, a leading Finance & Accounting Outsourcing and RPO company, announced the appointment of Kevin Miller as Onshore Business Adviser in the UK. Kevin offers a distinguished career in the recruitment industry, predominantly in the healthcare sector spanning across 20 years. He has successfully set up and revitalized
The tax season is the busiest time for accounting professionals and CPAs in the US. A lot of filing has to be done to ensure tax preparation is smooth and submit their tax returns. It requires gathering and organizing the information and supporting documents. While preparing to file taxes is a year-round job, it typically
Artificial intelligence (AI) has made a mark in the accounting profession in a big way. The good news is AI is streamlining Financial Accounting Services, finding patterns in data you can take action on, and improving overall effectiveness. The accounting and finance industry in the US have witnessed transformation ever since AI came into the
Change, change, change… We all know how much the accounting profession is changing, we hear it all the time. “The death of compliance” “Advisory is the only way” “Robots will replace you” But despite all of this change, the one single truth for firms remains the same… You’re in the people business. Which means you
The Making Tax Digital (MTD) initiative is specifically designed to evolve and bring the UK’s tax administration into the future. It aims to make the reporting process simpler and more efficient for taxpayers. The first stage of HMRC Making Tax Digital (MTD) focuses on VAT and imposes new requirements on some VAT-registered businesses and organisations
CORAL SPRINGS, FL, July 15, 2019 Initor Global, a leading Finance and Accounting Outsourcing company, announced the appointment of Mr. Orin Wilson as Onshore Business Advisor in the US, effective immediately. “Orin is an accomplished thought leader in his field and a seasoned professional,” said Mr. Vijesh Zinzuwadia, Director of Initor Global. “We are delighted
Whether it is cost savings or increasing efficiency, many accounting and finance firms are turning to outsourcing services as a means to simplify payroll structure. Payroll is often a periodic and standardized task aimed at issuing payslips regularly. Paying employees on time and accurately is an essential requirement. But payroll is not an easy task.