Wed.Feb 19, 2025

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Accounting Thought Leaders Meet to Discuss Current and Future Issues Facing Profession

CPA Practice

Hosted by CPA Practice Advisor, attendees included top firm leaders, tech experts, practice consultants, and AICPA president and CEO Mark Koziel.

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Acterys: Setting the Record Straight on Smart Write-back & Planning Solutions

Acterys

At Acterys, we believe in fair competition, and we welcome comparisons that allow potential clients to make informed decisions. However, when competitors resort to spreading misinformation and misleading claims, its essential to address these inaccuracies head-on. Recently, we’ve encountered false narratives about our solution from some competitors.

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FinCEN: New BOI Reporting Deadline is March 21

CPA Practice

The beneficial ownership reporting roller coaster that has been ongoing for the past two months because of various lawsuits is finally pulling into the station after a federal district court in Texas on Feb. 17 lifted the final nationwide injunctionthat had put the mandatory small business filings on hold since last December.

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5 Steps to Protect Your Business from Unexpected Accounting Disruptions

AccountingDepartment

Accounting disruptions can strike without warning. Whether its a provider suddenly shutting down, platform glitches, or other unforeseen issues, these disruptions can leave your business scrambling. With cases like the sudden closure of Bench, which left businesses without their books, its more apparent than ever that entrepreneurs and business owners need a plan to safeguard their financial processes.

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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Dealer Vision: Winter 2025

Withum

Rev up for the Winter 2025 issue of Dealer Vision ! This edition is fully-loaded with the insights and strategies to keep your dealership running at peak performance. Inside, explore key takeaways from the AICPA Dealership Conference, master the art of implementing a strategic parts matrix, and discover the advantages of a cost segregation study. Inside This Issue The Future of Automotive Retail: Insights From the 2024 AICPA Dealership Conference Authored by: Vin Banek ; Jen Moylan , Lead Consul

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Preparing for Your First Financial Audit: A Checklist for Startups

Shay CPA

Growing a startup comes with a potentially heady mix of near-endless opportunities surrounded by countless pitfalls. While the freedom that comes with scaling up the business is exciting, sometimes its nice to know youre on the right track as verified by outside sources. Enter: a financial audit. This tool gives you a way to validate that your company is following proper accounting practices and that your books are accurate.

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More Trending

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Where’d the PwC Women’s Consulting Experience Go?

Going Concern

Fresh off the tipbox this morning: PwC has quietly killed off their women’s consulting experience after sending folks nationwide last week to recruit for it. Partners and WCE leads are in the dark after the application process was removed from all websites. People are thinking it is due to shrinking the scope of our DEI initiatives. Our tipster tells us the webpage was pulled last Saturday with no explanation.

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Driving Profit Through Fixed Operations: How a Strategic Parts Matrix Can Keep Your Dealership Thriving

Withum

As vehicle gross profit per unit faces downward pressure, successful dealers are shifting their attention to fixed operationsspecifically the parts and service departments. Why? Because the service drive offers a significant opportunity, one thats essential for sustaining profitability as the age of vehicles continues to grow, extending the period for which vehicle owners seek highly trained technical service rather than opting for new vehicles.

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The Future of Hiring with Kristy Busija

Canopy Accounting

Kristy Busija, CEO & Founder of Next Conversation Consulting, and host Nicole McMillan, SVP of People at Canopy, explore the evolving landscape of hiring and talent retention in the accounting profession. They emphasize the need for modernized recruitment strategies and flexible work models to attract top talent. Kristy urges companies to meet candidates where by embracing fractional employees and building a culture that reflects flexibility, inclusion, and transparency.

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2024 Tax Reporting Tips for Resort Employers: Worker Classification and Navigating 1099 Requirements

Withum

In an ever-evolving and often overly complex tax compliance world, its crucial for resort operators and managers to ensure a comprehensive understanding of filing requirements and what classifies a contract worker as 1099-eligible labor. This article aims to uncover upcoming filing requirements facing the hospitality industry and touch on the penalties for failure to file these pertinent forms correctly and on-time.

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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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Changes to packaging waste recycling notes

Menzies

Menzies LLP - A leading chartered accountancy firm. The environmental regular has recently been contacting businesses which it believes are obligated producers who have registered directly with the Environment Agency, however, this should also apply to businesses which have not yet registered who meet the obligated producer criteria and as a result are required to purchase PRNs/PERNs.

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Should You Report Cryptocurrency on FATCA Form 8938?

CPA Practice

As it has become a more common asset among your average investors, these folks have had many questions about the tax implications of investing incryptocurrency, or virtual currency, as it is also known. The answers can be somewhat complicated.

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Court lifts injunction on Corporate Transparency Act

Accounting Today

A federal district court in Texas has stayed an injunction that had prevented enforcement of the Corporate Transparency Act and its reporting requirement.

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Challenges and solutions for CTO indirect tax priorities

ThomsonReuters

Blog home As a Chief Technology Officer (CTO) of a multi-national corporation, we understand the complications you face in the ever-changing world of indirect tax. Below are some challenges and innovative ways we can help. Jump to Challenge 1: Complexity of indirect tax priorities Challenge 2: Integration challenges with transactional systems Challenge 3: Risk management in indirect tax Challenge 4: Scalability and flexibility Achieve your indirect tax priorities with ONESOURCE Challenge 1: Co

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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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Postmaster General Louis DeJoy to Resign

CPA Practice

Louis DeJoy, who oversaw a U.S. Postal Service plagued by delays in mail delivery and steep financial losses, said he is stepping down.

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Taxpayers can get disaster tax relief through personal casualty loss deductions

Accounting Today

The pace of natural disasters seems to be accelerating with climate change, prompting taxpayers and preparers to search for ways to deduct catastrophic losses.

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Congress Considers Tax Relief for Los Angeles Fire Victims

CPA Practice

No one can say with certainty but lawmakers are hopeful that the partisan bickering that's dominated Washington debate will subside on the disaster tax relief issue.

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How to Start Saving as a Business: A Step-by-Step Guide to Financial Security

IgniteSpot

The reality is that things will go wrong, and you need to be ready for it. Here's how you can build up your businesss bank account and sleep well at night.

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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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UHY Partners with Acumatica to Help Clients Streamline Workflows

CPA Practice

The top 30 accounting firm is collaborating with Acumatica to deliver advanced cloud ERP solutions designed to streamline finance, accounting, and back-office processes for clients.

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Andersen revives Andersen Consulting

Accounting Today

Andersen Consulting has returned as a consulting practice affiliated with the global network that was rebuilt after the collapse of the former Arthur Andersen.

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Nevada Lawmaker Trying Again to Kill Federal Excise Tax on Sports Bets

CPA Practice

The quarter percent federal excise tax, also known as the handle tax, "does nothing except penalize legal gaming operators for creating thousands of jobs," said U.S. Rep.Dina Titus, D-Las Vegas.

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AI trust gap between leaders and staff narrows but remains a factor

Accounting Today

AI enthusiasm continues to build at accounting firms, but there remains a gap between how excited leaders are about the technology and how staff and individual contributors feel.

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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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Workforce Go Rolls Out New Integration to Sage 100 ERP

CPA Practice

Workforce Go said on Feb. 19 that it has developed a new integration to Sage 100 ERP that not only improves functionality for users now but will also help bridge the gap to native cloud-based systems in the future.

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Tax Practitioners Face New Landscape as IRS Cuts Staff, Intensifies EITC Reviews

Insightful Accountant

Tax practitioners are bracing for significant operational changes at the IRS as the agency prepares for both staffing reductions and increased enforcement focus during the current filing season.

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How a once-hot accounting fintech's bet on AI led to bankruptcy

Accounting Today

Bench Accounting, like many fintech startups, had ambitions to shake up a boring but important corner of finance, in this case, bookkeeping for small businesses.

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App Aware: Netgain Shared Transactions for NetSuite

Insightful Accountant

Whoever said that Insightful Accountant's 'App Aware' feature had to be limited to QuickBooks Apps? Not me! Now you can 'audit-proof' your intercompany accounting with Netgain's new Shared Transactions solution for NetSuite.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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Accounting careers in the wide world of sports

Accounting Today

The intersection of sports and accounting offers accounting professionals a unique and dynamic environment.

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Content Marketing for Your Accounting Firm: Should You?

Ryan Lazanis

Are you considering content marketing to help your firm get more clients? Learn from my experience and insights to help you decide. The post Content Marketing for Your Accounting Firm: Should You? appeared first on Future Firm.

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CalCPA launches promotional campaign

Accounting Today

The California Society of CPAs launched a promotional campaign to highlight the value and role of CPAs and to attract others into the profession.

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Investigating Ponzi Schemes

FraudFiles

Youve heard news stories involving Ponzi schemes. Investment scams and Ponzi schemes are all too common, even thought consumers are warned about them regularly. Investors are lured in with promises of high returns. People in or nearing retirement find these investments enticing, especially as their retirement funds in the stock market have taken many hits [.

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New Software & You: Elevating Your Tech Stack

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!