CPA Practice

DECEMBER 9, 2024

A new report reveals a dramatic shift in the expectations that businesses and individuals who use accountants have of those professionals, with findings that highlight the need for seamless technology, proactive communication, and personalized service. The 2024 Client Satisfaction Report , commissioned by accounting technology maker TaxDome , provides invaluable data to help firms adapt to the evolving needs of their clients.

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Accounting Today

DECEMBER 9, 2024

Barry's presentation at the Accountants Club of America included his thoughts about the future of small practices, which make up about 43,000 of the estimated 44,000 accounting practices in America.

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CPA Practice

DECEMBER 9, 2024

The Department of the Treasury and the Internal Revenue Service have issued Revenue Procedure 2024-31 PDF and proposed regulations to provide guidance for the Energy Efficient Home Improvement Credit. The revenue procedure provides procedures and requirements that a manufacturer of specified property must follow to be treated as a qualified manufacturer.

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Manufacturing tax return audit Tax 97

Accounting Today

DECEMBER 9, 2024

The Treasury Inspector General for Tax Administration completed thousand investigations over the past six months that contributed to more than $6.1 billion in tax savings.

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Tax 115

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

Finance

Xero

DECEMBER 9, 2024

Welcome to our monthly roundup of what’s new in Xero. This month, we’ve introduced updates designed to help you to get paid faster, streamline tax rules and regulations compliance, and manage your sales tax with ease. With enhancements from the ability to send invoices via SMS to improvements in Xero Tax and sales tax reporting, we continue to make Xero even better.

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bookkeeping tax return Tax Sales 85

Accounting Today

DECEMBER 9, 2024

The nominee for head of the Securities and Exchange Commission, Paul Atkins, will pursue a more deregulatory and crypto-friendly approach than Gary Gensler.

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audit 115

Accounting Today

DECEMBER 9, 2024

Longtime AICPA chief Barry Melancon turns his eagle-eye to the future, talking about the challenges and opportunities facing the profession.

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accountant accounted Account 105

Withum

DECEMBER 9, 2024

How a Growing Cannabis Organization Streamlined Financial Reporting with Intacct Case Brief A rapidly growing company in the cannabis industry needed to scale its financial management capabilities beyond QuickBooks’s limitations. Partnering with Withum, this organization transitioned from QuickBooks to Sage Intacct, a cloud-based ERP system known for its robust multi-entity and intercompany functionalities and dimension-based accounting capabilities.

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quickbooks Expense Management accounting and finance Sales 52

Accounting Today

DECEMBER 9, 2024

A refundable tax credit would carry the same budgetary impact but boost homeownership among lower and middle-income households, a new study says.

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Tax 76

CPA Practice

DECEMBER 9, 2024

Intuit and Amazon have announced a multi-year strategic partnership to empower millions of Amazon sellers to manage their finances, stay compliant, access capital, and grow their business. By leveraging Intuits AI-driven expert platform, millions of Amazon sellers will be able to discover and access Intuits platform seamlessly, benefiting from powerful financial insights like profitability, cash flow, and estimated tax liabilities to fuel their growth.

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quickbooks Technology payroll Tax 52

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Technology

Accounting Today

DECEMBER 9, 2024

When you check off "WISP" before the December PTIN renewal deadline, it's critical to make sure your practice complies with the latest changes.

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tax planning Tax 75

ThomsonReuters

DECEMBER 9, 2024

Blog home Today, organizations are under increasing pressure to navigate the complexities of global tax regulations, ensure compliance, and optimize workflow processes using the latest advanced technology. Corporate tax leaders across all industries are looking for ways to simplify their tax, trade, and financial reporting workflows with tools that reduce risk, save time, and increase accuracy.

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Accounting Today

DECEMBER 9, 2024

The Public Company Accounting Oversight Board will continue its inspection focus on public companies in the financial, real estate and information technology sectors.

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Real Estate Account accountant accounted 59

CPA Practice

DECEMBER 9, 2024

The AICPA & CIMA , which together form the Association of International Certified Professional Accountants,have announced the inaugural graduates of the Registered Apprenticeship for Finance Business Partner (RAP) program. The two apprenticeship graduates Daniel Grufferman, Global eCommerce controller & Warranty controller with Stanley Black & Decker and Jeffrey Culp, SVP & CFO, Business Transformation Office, Liberty Bank are each established professionals that entered the pro

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Maryland accounting and finance Finance CPA 52

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

payroll

Accounting Today

DECEMBER 9, 2024

Knowing how to distinguish between what is required by standards and what is opinion is crucial for auditors to confidently navigate these reviews and inspections.

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audit auditor 59

CPA Practice

DECEMBER 9, 2024

Staff report Inspectors from the Public Company Accounting Oversight Board (PCAOB) outlined their priorities for 2025 audit inspections in a staff report released on Dec. 9. The report highlights risks and other considerations the staff believes auditors should consider when planning and performing their current and upcoming audits, as well as sectors and industries that PCAOB inspection staff will prioritize.

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auditor Real Estate audit Account 64

Accounting Insight

DECEMBER 9, 2024

The prestigious award is based entirely on what current employees say about their experience of working at The TaxAssist Group. Following a recent staff survey, The TaxAssist Group is proud to be Certified by Great Place To Work. Great Place To Work is the global authority on workplace culture, employee experience, and the leadership behaviours proven to deliver market-leading revenue, employee retention and increased innovation.

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accounted Account accountant 52

Basis 365

DECEMBER 9, 2024

As 2025 approaches, preparing your business budget should be a top priority. A well-crafted budget is more than just a financial planits a roadmap for navigating the fiscal year. However, effective budgeting starts with a strong foundation of accurate financial data. By outsourcing your accounting, you can ensure that your companys financial records are precise and organized, providing the essential groundwork for effective forecasting and strategic planning.

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Account accounted accountant bookkeeping 52

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

Finance

Anders CPA

DECEMBER 9, 2024

Anders is hosting the firm’s annual Sip, Savor and Shop event. The event features a virtual boutique showcasing firm clients in the retail, entertainment and hospitality industries. In 2024, 26 vendors are participating, helping them access a larger audience during the holiday shopping season. Anders employees are gifted $100 each to encourage them to participate in the event, supporting local businesses and discovering new favorite products from out-of-town sellers.

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Entertainment Hospitality CPA Retail 52

Canopy Accounting

DECEMBER 9, 2024

Canopy's updated guide breaks down every change, update, and addition you will need to know for the 2025 tax season. Download our latest eBook to be the best-equipped tax accountant to help clients this upcoming tax season!

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Tax tax accountant Account accountant 52

FraudFiles

DECEMBER 9, 2024

Perpetrators of fraud have plenty of schemes to choose from when cooking up their crimes. The fraud schemes range from petty theft by lower-level employees, all the way up to management cooking up stellar financial statements to dupe investors and lenders. Fraud prevention policies and procedures sometimes have a tendency to focus on the smaller [.

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financial statements 52

CPA Practice

DECEMBER 9, 2024

Staff report The latest edition of the Public Company Accounting Oversight Board (PCAOB) Audit Focus series provides staff insights for auditors on audit committee communications. The new series of PCAOB staff guidance is intended to provide easy-to-digest information to auditors, especially those who audit smaller public companies. The regulator launched the Audit Focus series last month with critical audit matters as the first topic.

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auditor audit accountant accounted 52

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

CPA

Accounting Insight

DECEMBER 9, 2024

IRIS Software Group (IRIS), a leading global provider of accountancy, education management, HR and payroll solutions, today announced a definitive agreement to acquire Dext Software Ltd (Dext), a leading bookkeeping automation platform provider. The acquisition will unite two sector-leading cloud-based platforms Dexts Bookkeeping Automation Platform and IRIS Elements to deliver a complementary and fully integrated, end-to-end solution for accountants, bookkeepers, and businesses.

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Menzies

DECEMBER 9, 2024

Menzies LLP - A leading chartered accountancy firm. The question every director needs to ask is are our companys Articles of Association still fit for purpose? A private company limited by shares must be incorporated with articles of association, which are the companys constitutional document, the Bible of the company, setting out the management and administrative conditions which the directors must follow when making decisions on behalf of the company, in relation to the quorum required, board

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chartered accountant Legal accounting firms accountant 52

Accounting Today

DECEMBER 9, 2024

Donald Trump's planned tax cuts would wipe out Canada's slim corporate tax advantage, likely driving more capital from the northern nation.

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Tax corporation tax tax planning 40

Acterys

DECEMBER 9, 2024

Workforce planning is a crucial part of ensuring that your business has the right people, with the right skills, at the right time. As businesses grow and evolve, workforce needs change, and planning ahead becomes key to navigating challenges. But with so much workforce data living in so many places, pulling the right information together can be a challenge.

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Technology payroll 130

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

Spend Management

Wellers Accounting

DECEMBER 9, 2024

How to put together and get your business ideas on paper effectively with these 8 key elements of a business plan.

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CPA Practice

DECEMBER 9, 2024

By Don Lee Los Angeles Times (TNS) Job growth rebounded in November from the weather-related stall in hiring the previous month, fresh evidence that the U.S. labor market remains healthy despite signs of a slowing economy overall, according to new government data released Friday. But the nations unemployment rate edged up to 4.2% last month from 4.1% as more people reported being unemployed and others left the labor force.

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California Real Estate payroll Hospitality 98

Accounting Insight

DECEMBER 9, 2024

Economic uncertainty is on the rise for the UKs 5.6 million small and medium-sized enterprises (SMEs) following the Autumn Budget, according to iwocas Q3 2024 SME Expert Index. The percentage of brokers reporting pessimism among their SME clients about the future has more than doubled, rising from 15% last quarter to 34%. Meanwhile, only one in three (36%) brokers report that small and medium-sized firms feel optimistic, down from 56% in the previous SME Expert Index.

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accounting and finance Finance accountant accounted 52

CPA Practice

DECEMBER 9, 2024

The Indiana CPA Society has announced the winners and finalists for the 2024 INCPAS Awards honoring outstanding CPAs and related professionals in Indiana. All category award finalists and honorees were chosen by the INCPAS Awards Committee comprised of members of the Board of Directors. This years winners were announced at the annual INCPAS CPA Celebration on November 22 at The Crane Bay Event Center.

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Indiana cpas CPA accounting and finance 88

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