Mon.Dec 30, 2024

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Art of Accounting: The changes for 2025 that 2024 brought

Accounting Today

Evaluate your accomplishments this year and see how to build on them.

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Burkland’s Top Startup Podcast Episodes of 2024

BurklandAssociates

From inspiring founder stories to valuable insights from investors, these 2024 Startup Success episodes are must-listens. The post Burklands Top Startup Podcast Episodes of 2024 appeared first on Burkland.

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AI Thought Leaders : The Singularity

Accounting Today

In this final part of our annual AI Thought Leaders Survey, our experts share what they think of the technological singularity.

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Employer.com Set to Acquire Bench Accounting

CPA Practice

The move comes days after Bench left thousands of its customers scrambling before year end and with the 2025 tax season right around the corner by announcing Dec. 27 it was shutting down.

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Forecasting Failures Are Costly: Here's How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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Bench acquired by Employer.com after sudden shutdown

Accounting Today

Canadian accounting firm Bench, which abruptly shut down last week, has been acquired by payroll and onboarding solutions firm Employer.com.

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35% of Americans Feel Behind on Retirement Savings: 7 Tips

CPA Practice

For many people, retirement is a major goal and represents a life milestone. Unfortunately, 35% of American workers feel significantly behind when it comes to their retirement savings, according to Bankrates 2024 Retirement Savings Survey.

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More Trending

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U.S. Consumer Confidence Pulled Back in December

CPA Practice

Decembers fall in confidence was led by consumers over 35 years old; consumers under 35 became more confident.

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The BOI argument goes on

Accounting Today

Many continue to question the constitutionality of the Corporate Transparency Act, but it's not gone yet.

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U.S. Salary Budgets Expected to Remain Static in 2025

CPA Practice

Despite a conservative outlook for 2025, salary increases remain at a healthy rate by historic standards and amid higher total payroll expenses (which include salaries, bonuses, variable pay and benefit costs).

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The 10 states with the highest property taxes on homeowners

Accounting Today

The No. 1 state effectively charges 1.88% on the value of a residence, according to a realty firm's analysis of a frequent and growing concern among clients.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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Pending Home Sales Moved Up 2.2% in November, Fourth Straight Month of Increases

CPA Practice

The Pending Home Sales Index (PHSI) a forward-looking indicator of home sales based on contract signings advanced 2.2% to 79.0 in November.

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BerryDunn merges in Burzenski

Accounting Today

The merger will allow BerryDunn to expand into the veterinary practice market and bolster its existing construction practice.

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Here Are the States Where Minimum Wage is Going Up in 2025

CPA Practice

In 2025, more than 20 states will see minimum wage increases for hourly workers, though the federal minimum wage will remain $7.25the same its been since 2009.

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Don't Forget to Complete Your 2025 ProAdvisor Awards Application

Insightful Accountant

Applications, for the 2025 ProAdvisor Awards are still being accepted. But we want to remind you to complete your new, or in progress, application by no later than February 11, 2025.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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CFPB Sues Walmart and Branch for Illegally Opening Deposit Accounts for More than a Million Spark Delivery Drivers

CPA Practice

Drivers had to follow a complex process to access their funds, and when they finally did, they faced further delays or fees if they needed to transfer the money they earned into an account of their choice.

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Jimmy Carter dies at 100

Accounting Today

He brokered a historic accord in the Middle East in a term marred by soaring inflation, an oil shortage, and Iran's taking of American hostages.

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Former President Jimmy Carter Dies at Age 100

CPA Practice

The singular achievement of his years in power was his role in negotiating a milestone peace agreement between Egypt and Israel, longtime rivals in the Middle East.

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Year-End Close: These Are the Most-Read Stories of 2024

Going Concern

With just a day and a half remaining before the clock ticks over to a new year we better hurry up and get to looking back on the most popular reads of 2024. ICYMI, or ICYOOTL, here are those posts in ascending order according to traffic analytics. 10: Accountants Will Go Extinct in the Next Decade, Says Guy (May 17) Some guy on Twitter said that “AI and offshoring are going to wreck the accounting profession in the next decade” and called this a “sad prediction.” Jeremy W

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

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Colorado Employment Reports Are Unreliable, Says BLS

CPA Practice

Colorados employment counts have become so unreliable the U.S. Bureau of Labor Statistics, in an unprecedented move, has stopped issuing reports based on them.

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Upcoming tax law changes

ThomsonReuters

With the Republican win in the U.S. presidential election , the tax and accounting profession is bracing for the potential tax law changes that now lie ahead as President-elect Donald Trump returns to the White House. Meanwhile, the IRS has outlined several of its planned adjustments for 2025. Jump to IRS adjustments for 2025 401(k) and Roth changes Future of the TCJA Elimination of taxes on Social Security benefits Stay aware of upcoming tax law changes On the campaign trail, Trump floated a w

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U.S. Continuing Unemployment Claims Rise to Highest in 3 Years

CPA Practice

Recurring applications for U.S. unemployment benefits rose to the highest in more than three years, adding to signs that it is taking longer for out-of-work people to find a job.

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