Tue.Feb 11, 2025

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Payroll Taxes for Startups: What Do I Have to Pay?

BurklandAssociates

Avoid payroll pitfallslearn the essential taxes every startup must pay and how to stay compliant with IRS and state regulations. The post Payroll Taxes for Startups: What Do I Have to Pay? appeared first on Burkland.

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How to Use Acterys for Power BI Write-Back

Acterys

When it comes to managing and analyzing your data, staying agile and collaborative is essential. One key enabler for this agility is the ability to write back directly to your data models from within Power BI. Acterys takes this functionality to the next level by allowing users to seamlessly input, update, and manage data in real-time all while working directly in their Power BI dashboards.

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A bumpy start: Tax season kicks off amid uncertainty all around

Accounting Today

Hiring freezes at the IRS to a potential end to contingency fees have created a complicated start to the year for accountants and tax pros.

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PCAOB Punishes Audit Partner for Altering Workpapers, Thwarting Processes

CPA Practice

The audit regulator on Feb. 11 imposed a permanent bar and a $10,000 fine on audit partner and CPA Heber Maughan for improperly altering workpapers before providing them to PCAOB inspectors in two inspections and to enforcement staff during a related investigation.

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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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By the numbers: E-filing rejections, retaining talent

Accounting Today

The latest data on the most common e-filing rejections, how accounting firms are recruiting and retaining top talent, and other major metrics.

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Baker Tilly to Acquire CironeFriedberg in Connecticut

CPA Practice

The top 10 accounting firm said Feb. 11 that the deal to buy CironeFriedberg strengthens its presence in the Northeast, creating "essential connections" between New York and Boston.

More Trending

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Experiences 2025 – AI Search

CPA Practice

For now, Agentic AI refers to artificial intelligence systems that operate autonomously and can perceive, reason, plan, and take action in pursuit of goals. These AI agents can interact dynamically with their environment, adapt to changes, and sometimes make decisions without direct human intervention.

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$1M in HSA is a rosy projection. But smaller savings still pay off

Accounting Today

The estimate for the amount required for 65-year-old spouses is one of many from a study full of figures that advisers can use to highlight the value of HSAs.

Tax 66
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Cannabis Industry Faces Debt Reckoning without Bankruptcy Help

CPA Practice

The biggest companies, those that operate in more than one state, have as much as $6 billion in debt maturing next year, according to Beau Whitney, chief economist at Whitney Economics, which specializes in the cannabis market.

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Smith + Howard expands in the Carolinas

Accounting Today

The Regional Leader has acquired Smith Kesler, a firm with four offices across the Carolinas, fueled by private equity funding.

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The Silent Crisis: Why Finance Lags in Digital Transformation and How to 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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55 Accounting Firms Get Nod for Having the Best Client Service in ClearlyRated List

CPA Practice

Accounting firms recognized as award winners achieved at least a 50%net promoter score,indicating that they provide their clients with exceptionally high levels of service, according to ClearlyRated.

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In the blogs: Just a sense

Accounting Today

Tariffs' effects; the right CMS; new blog on the block; and other highlights from our favorite tax bloggers.

Tax 59
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Smith + Howard Adds Smith Kesler & Co. in South Carolina

CPA Practice

The Atlanta-based top 100 accounting firm has acquired Smith Kesler & Co., a construction accounting-focused practice with four offices across North Carolina and South Carolina, effective Jan. 31.

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Baker Tilly plans to acquire CironeFriedberg

Accounting Today

The Top 10 Firm based in Chicago intends to acquire a firm based in Connecticut, marking its second acquisition this month, thanks to private equity funding.

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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!

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Dallas Blocked From Banning Short-Term Rentals for Second Time

CPA Practice

A state appeals court says Dallas cant enforce a ban limiting where short-term rentals listed on platforms like Airbnb can operate in the city.

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PCAOB sanctions partner for altering workpapers

Accounting Today

The Public Company Accounting Oversight Board sanctioned audit partner Heber Maughan for altering workpapers in two inspections and an investigation.

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SBF Advisors and Hoerber Tillman & Co. Combine in Florida

CPA Practice

The merger brings together two firms with expertise in forensic accounting, litigation support, and business advisory to enhance client services and expand capabilities.

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Qvinci Outperforms QuickBooks Reporting

Insightful Accountant

"Qvinci Outperforms QuickBooks Reporting" especially when it comes to consolidation of multiple files from multiple accounting platforms, and condensing those sources in to clean set of financials with a standard Chart-of-accounts and nomenclature.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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Workday rolls out tool to manage AI agents

Accounting Today

Workday released the Workday Agent System of Record, meant to help organizations manage their entire fleet of AI agents, from both Workday and third parties, in one place.

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What’s new in sales tax?

TaxConnex

Theres always something changing in the world of tax, especially sales tax. Heres a review of some of the recent changes and updates. Final destination. Effective this year, Illinois retailers are responsible for destination-based sourcing for sales tax purposes. The new law mandates that retailers who maintain a place of business in the state and who sell tangible personal property from a location (or locations) outside Illinois will be required to collect all state and local taxes at the locat

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70% say they regret at least one software purchase over last year

Accounting Today

A recent poll found that 70% of financial services professionals, including accountants, say they regret at least one business software purchase made in the past year.

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Understanding Non-Qualified Stock Options: Tax Implications and Strategies

Withum

Non-qualified stock options grant employees and certain non-employees, such as consultants and board members, the right to purchase company shares at a fixed price (known as the exercise price, grant price, or strike price) within a set timeframe. The strike price, determined by the companys 409A valuation or fair market value, remains fixed, allowing individuals to potentially profit if the share price increases over time.

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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Deloitte asks gov't consultants to remove pronouns from emails

Accounting Today

The Big Four's U.S. arm asked its employees working on government contracts to remove gender pronouns from their email signatures and dropped its diversity programs.

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Union Budget 2025| Key Takeaways for GST and Customs

VJM Global

The Union Budget 2025 has introduced a few changes to the Goods and Services Tax (GST) Act and Customs Act, aiming to simplify compliance and address long-standing litigative issues faced by businesses and taxpayers. These changes reflect the government’s commitment to streamlining India’s indirect tax system while fostering economic growth.

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How ESG-embedded statutory reporting solutions can protect your business

ThomsonReuters

Blog home With over 150 years of trusted content knowledge and expertise in global trade, compliance, and regulatory requirements, Thomson Reuters understands that maintaining an impeccable corporate governance record in todays complex environment is extremely challenging, and mistakes can be very costly. The rapid increase in accessible data across disparate and unconnected systems makes keeping track of information and regulatory details even harder for under-resourced tax teams.

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Procedures To Be Followed Under Section 128A Where Department Appeal is Filed Against Interest and Penalty Order

VJM Global

Section 128A provides for waiver of interest and penalty where notice is issued under section 73 of CGST Act and corresponding tax payment is made on or before 31st March 2025. Amnesty under section 128A is available for FY 2017-18, 2018-19 and 2019-20. For waiver, the taxpayer must apply Form GST SLP-01 or GST SLP-02 depending on the order. The GST officials are facing issues where a department appeal is filed against the order issued under section 73 of the GST Act and are in dilemma whether t

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Accountex London announces Charterpath as new charity partner 

Accounting Insight

Accountex London is returning to Excel London on the 14-15 May, 2025 for its fourteenth year. Over 11,000 attendees from around the world are expected to reunite, after the 2024 show was hailed the biggest show in Accountex history. Accountex London are excited to announce Charterpath as their official charity partner. Charterpaths mission is to inspire finance professionals to volunteer their time and skills with charities, schools and community groups. “We are thrilled to welcome Cha

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How to stand out when nothing you do is unique

Mark Lee

Years ago, I became quite attached to the idea of identifying Unique Perceived Benefits (UPBs). I preferred this approachlooking at services from the clients viewpointrather than pretending to have a Unique Selling Proposition (USP). Few USPs claimed by accountants are truly unique. And most do not even reference a positive Proposition to assist with Sales.

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What's ahead in CPA practice operation under Trump 2.0?

Accounting Today

What will the tax implications be for CPA clients and practice owners? Where are interest rates headed? What about inflation?

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Ford CEO: Inflation Reduction Act Tax Credit Repeals Could Risk Jobs

CPA Practice

Ford Motor Co.CEOJim Farleywarned that if the federal government under President Trump repeals provisions of the Biden administration's Inflation Reduction Act like the electric vehicle battery production tax credits, the company could have to look at layoffs.

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.