Nicky Walsh-Lacko, CPA

Check out 👀 the latest insights from Megan Moody, CPA on the #accountantshortage in #healthcare – #leadership gaps, relentless turnover, technology, finance needs, and more…she covers it all. https://hubs.ly/Q02zwfQF0 #embarkwithus #cfo #controller #turnover #talentretention #accounting #finance

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18 Days Until Engage 24 in Las Vegas! Join us at the AICPA & CIMA #ENGAGE24 conference in Las Vegas! We're thrilled to present Tax Titans' specialized solutions tailored for tax professionals looking to innovate their practices. #Engage24 #TaxTitans #TaxSolutions #TaxPros #LasVegas

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𝑬𝒍𝒆𝒗𝒂𝒕𝒆 𝒀𝒐𝒖𝒓 𝑪𝑷𝑨 𝑭𝒊𝒓𝒎 𝒘𝒊𝒕𝒉 𝑴𝑵𝑪𝑶 𝑮𝒍𝒐𝒃𝒂𝒍 In today’s competitive business landscape, CPA firms face mounting pressures to deliver high-quality services while managing costs and efficiency. Client Accounting Services (CAS) outsourcing has emerged as a transformative solution, and MNCO Global is at the forefront, offering unparalleled CAS, bookkeeping, tax return preparation, audits, payroll, and administrative task outsourcing. 𝑾𝒉𝒚 𝑪𝑨𝑺 𝑶𝒖𝒕𝒔𝒐𝒖𝒓𝒄𝒊𝒏𝒈 𝒘𝒊𝒕𝒉 𝑴𝑵𝑪𝑶 𝑮𝒍𝒐𝒃𝒂𝒍? 𝑶𝒗𝒆𝒓𝒄𝒐𝒎𝒆 𝑻𝒂𝒍𝒆𝒏𝒕 𝑺𝒉𝒐𝒓𝒕𝒂𝒈𝒆𝒔 Access top-tier accountants and bookkeepers without the hassle of recruitment and training. MNCO Global ensures continuity and quality, even in a tight labor market. 𝑬𝒏𝒉𝒂𝒏𝒄𝒆 𝑺𝒕𝒂𝒇𝒇 𝑹𝒆𝒕𝒆𝒏𝒕𝒊𝒐𝒏 𝒂𝒏𝒅 𝑹𝒆𝒅𝒖𝒄𝒆 𝑩𝒖𝒓𝒏𝒐𝒖𝒕 Free your team from routine tasks. MNCO Global’s services alleviate workload pressures, boosting job satisfaction and reducing turnover. 𝑰𝒏𝒄𝒓𝒆𝒂𝒔𝒆 𝑪𝒍𝒊𝒆𝒏𝒕 𝑬𝒏𝒈𝒂𝒈𝒆𝒎𝒆𝒏𝒕 𝒂𝒏𝒅 𝑩𝒖𝒔𝒊𝒏𝒆𝒔𝒔 𝑫𝒆𝒗𝒆𝒍𝒐𝒑𝒎𝒆𝒏𝒕 Free up your practice leaders to focus on clients and growth. Outsource administrative tasks to MNCO Global and dedicate more time to strategic initiatives and client relationships. 𝑻𝒉𝒆 𝑴𝑵𝑪𝑶 𝑮𝒍𝒐𝒃𝒂𝒍 𝑬𝒅𝒈𝒆 𝑪𝒐𝒎𝒑𝒓𝒆𝒉𝒆𝒏𝒔𝒊𝒗𝒆 𝑪𝑨𝑺 From financial reporting to bank reconciliations, our advanced technologies and expertise deliver accurate, real-time financial insights. 𝑬𝒙𝒑𝒆𝒓𝒕 𝑩𝒐��𝒌𝒌𝒆𝒆𝒑𝒊𝒏𝒈 Ensure meticulous record-keeping and compliance with MNCO Global’s professional bookkeeping services. 𝑨𝒄𝒄𝒖𝒓𝒂𝒕𝒆 𝑻𝒂𝒙 𝑹𝒆𝒕𝒖𝒓𝒏 𝑷𝒓𝒆𝒑𝒂𝒓𝒂𝒕𝒊𝒐𝒏 Optimize your clients’ tax positions with our knowledgeable and proactive tax professionals. 𝑻𝒉𝒐𝒓𝒐𝒖𝒈𝒉 𝑨𝒖𝒅𝒊𝒕𝒔 Gain trust and credibility with MNCO Global’s rigorous and transparent audit services. 𝑬𝒇𝒇𝒊𝒄𝒊𝒆𝒏𝒕 𝑷𝒂𝒚𝒓𝒐𝒍𝒍 Simplify payroll processing with our compliant, timely solutions. 𝑹𝒆𝒍𝒊𝒂𝒃𝒍𝒆 𝑨𝒅𝒎𝒊𝒏𝒊𝒔𝒕𝒓𝒂𝒕𝒊𝒗𝒆 𝑺𝒖𝒑𝒑𝒐𝒓𝒕 Streamline operations and focus on strategic initiatives with our comprehensive administrative services. 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦 𝐘𝐨𝐮𝐫 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞 CAS outsourcing is essential for thriving in today’s fast-paced environment. Partner with MNCO Global to enhance efficiency, reduce costs, and focus on your core competencies. Address talent shortages, improve staff retention, and increase client engagement. Choose MNCO Global and transform your CPA firm into a powerhouse of excellence. Thrive@mnco-global.com | +1 888 400 1929

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Its been a while...HI 👋 Meet the Partners at HG: Carlos, Sean, Tonetta & Oswaldo 💙 ❤️ 💚 - - #teampic #partners #managingpartner #meetthepartners #accountant #accounting #cpa #accountingandfinance #accountingservices #accountants #harringtongroupcpa

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Grab your headphones! This is a great conversation with Tom Hood, CPA,CGMA,CITP on the emerging industry technology and how firms can stay competitive. #AccountingIndustry #AccountingTalent #CPAFirms 

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Thanks CPA Practice Advisor for publishing our CEO Reyes Florez' insights into what the next generation of accounting looks like! "Helping small firms evolve into the future can be complex, but is undeniably powerful when done the right way." Check it out here: https://lnkd.in/esaFVm4e #nextgenaccounting #thefutureishere #boutiqueaccounting #21stcentury

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Time for a Mid-Year Tax Strategy Checkup! As we approach the midpoint of 2024, it's the perfect opportunity to fine-tune your tax strategy with Wendroff & Associates Strategic Tax Planning Services. Our team can help you: 💡 Review and adjust your estimated tax payments or W4 with your employer to optimize tax withholdings 💡 Analyze your retirement contributions to lower your taxable income 💡 Assess potential write-offs for your business 💡 Strategize major investments to optimize tax advantages By staying proactive with our tax planning services, you can avoid end-of-year surprises and pave the way for improved cash flow—a crucial element of sound financial management. Schedule Your Strategic Tax Planning Session Now! https://lnkd.in/eKt-Rk9a #taxplanningstrategies #taxplanning #smallbusinessaccounting #businesstaxes #taxtipsforentrepreneurs

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Ever notice how mistakes from an offshore team member are viewed differently than those from someone down the hall? It's time to unpack these biases and expectations. In this episode of the Modern CPA Success Show, Martin Moll, JD discusses the learning curve in accounting, the importance of inclusive client contact, and bridging the gap between offshore and mainstream teams. Whether you're managing a global workforce or curious about cultural nuances in accounting. Watch the full episode here ⬇️ https://lnkd.in/gs7CRp8m #Nearshoring #AccountingFirms #Offshore #Mainstream

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Just crossed the "End of Tax Season" finish line feeling drained? Imagine if next year could be different! Tax season doesn't have to be a marathon. By embracing automation, accountants can streamline complex processes, reduce errors, and free up time to focus on strategy and client relationships. Download our free "Automation in Accounting Use Case Guide" and discover how your peers are successfully integrating automation into their workflows. 👉 Ready to transform your next tax season? Click here to get your guide: [Download the Guide](https://lnkd.in/dfKZ7-4z) Wave goodbye to tax season stress and welcome a smoother, simpler way of getting things done! #Accounting #Automation #TaxSeason #FinanceProfessionals #Innovation #AccountingTips #Efficiency

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As Arvo's Director of Sales and Marketing, Emily Osborne has played a crucial role in delivering millions in tax savings to hundreds of businesses through the Work Opportunity Tax Credit (WOTC). On May 30, she is teaming up with our partner Aqore Staffing Software to offer an exclusive webinar titled "Learn the Power of WOTC." Register here while spots are still available to learn: 👫 Who is eligible for WOTC? 🤝 How does WOTC affect hiring and retention? 🙋‍♀️ What does it take to participate in WOTC? 📈 How can WOTC be optimized for specific industries? ➕ What financial and other effects can WOTC have on my business? We've seen first-hand how WOTC can transform businesses. Don't miss your chance to learn how in real time from experts. https://lnkd.in/gG-EHSq7 #WOTC #taxcredits #webinar

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Last year Christopher J Herrberg, CPA started #PayrollClub because he was hearing from a lot of frustrated clients about their payroll service provider--no support, missing payroll tax deadlines, etc. One business had to pay $300,000 because of payroll taxes not being paid. They could have used advice along the way to avoid such a shock. He realized the personal touch was missing, which caused businesses to miss a lot more, including lose money. You may have a client like this who could benefit from Chris's service if you're a: #CPA #TaxPreparer #Bookkeeper #FinancialAdvisors #BusinessAttorney #Banker #InsuranceAgents #IndependentInsuranceAgent Get more info on his website. (Link in comments)

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✦CPA Firm Friday✦ How are you tracking, and more importantly celebrating, the progress and achievements of your team? A new free resource is now available: Midyear Retreat Agenda At the end of June, Dillon Business Advisors will meet up as a team in Destin, Florida for our midyear retreat. Are you curious to know exactly how we'll spend our 4 days together at the beach and what topics we are covering to build unity and opportunity within our firm? We are sharing the full details of what we'll do and how we plan to maximize our time together so that we see a return on the investment of time of resources. The Midyear Retreat Agenda includes: ✦Location, dates, and times ✦Topics ✦Engagement ideas ✦Team building activities Enroll in DBA | FIRM free resources to download our Midyear Retreat Agenda If you haven't enrolled in our FREE Resources yet, what are you waiting for? 1. Go to https://hubs.la/Q02BlN6P0 2. Scroll down 3. Enroll in Free Resources ✦If you are already receiving updates about new resources, your download link is waiting in your inbox! #accountingandaccountants #cpafirmresources #businessadvisors #advisory #cpa #culture #retreat #leadership

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CFOs Struggle to Manage Complexities of State Tax Filings Tax season might be over. But then again, there’s always next year. As Wendy Walker, solution principal at Sovos, told PYMNTS, the complexities of tax reporting will still demand that organizations of all sizes gear up for changes in the tax code and rigorous reporting requirements that will always be fluid and complex. But one thing is simpler: The IRS’ Combined Federal and State Filing program seeks to simplify some of that complexity by taking things online. As Walker told PYMNTS, direct state reporting takes place — as the name implies — when an enterprise files 1099 tax information directly with a state government. “Generally speaking, if you are required to issue a 1099 to the IRS, there is going to be a state requirement as well,” she said. Tax laws require that states use most of the information contained in 1099s, W-2s and other returns that are filed with the IRS to compare income and withholding amounts on state income returns. Enforcement Is Ramping Up Although state tax reporting is nothing new — it’s been around for decades — Walker noted that enforcement has seen some renewed vigor in terms of making sure that all the information matches up. Missteps or failure to file those forms with the states winds up having consequences, chiefly in the form of penalties. “Sometimes states have a per-failure penalty rate, so they will charge a certain dollar amount for each information return that has not been filed,” she said. “Other states will levy penalties based on the income reported on the returns that were not filed.” “There can be pretty stiff penalties, depending on the state,” she added. Amid the stepped-up enforcement, complexity reigns too. This is becoming more apparent as states lower direct-reporting requirements below IRS thresholds. Walker offered the example where some states now require direct reporting of Form 1099-K for transactions done through online apps such as Uber and DoorDash at a $600 threshold, while the IRS only plans to lower the federal threshold to $5,000 for 2024 reporting. Although the IRS’ combined filing program seeks to allow states to file information with the IRS — and the IRS shares the info with the states — the fact remains that the IRS does not (yet) support all the information that states require. California, in just one instance, requires information returns for cancellation of debt that are not included in the combined program. “So, if you are in California, you would have to file those returns directly with the state instead of being able to rely on the IRS,” Walker said. In other cases, some states are listed as participating in the combined program, but their websites say that companies must file directly. “This can all get a bit confusing,” Walker said. News credit PYMNTS #news #fintechnews #finance #financenews #trendingnews #viralnews #dailynewsupdates #dailynewsletter

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Under ASC 842, it's helpful to understand the incremental borrowing rate of a lease in order to properly calculate and report lease liabilities. In this article, we outline the basics to make your reporting process easier. Read more → https://bit.ly/41rxBpm #ibr #leaseaccounting #accounting #financialreporting #asc842

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