Sun.Feb 02, 2025

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IRS Offers Top Tips To Make Tax Time Easier

Insightful Accountant

The Internal Revenue Service has provided taxpayers with six tips to make filing their 2024 tax return easier.

Tax 59
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Products Most Likely to Increase in Cost Due to Tariffs, From Avocados to Cars

CPA Practice

The tariffs are due to take effect at 12:01 am on Tuesday. Heres a look at key imports from the three counties that could become more costly.

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Preliminary Results: Survey Shows What A ProAdvisor is Worth

Insightful Accountant

Our readership has responded and Murph has compiled some preliminary results from our 'What is a ProAdvisor Worth' Survey.

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CBIC Issued Clarification on Applicability of GST on Various Services Such as Penal Charges, Services by Payment Aggregator etc.

VJM Global

In line with recommendations provided by the 55th GST Council meeting , CBIC has issued the following detailed clarification on the applicability of GST on certain services vide Circular No. 245/02/2025-GST dated 28th January 2025: 1. Applicability of GST on Penal Charges levied by the Regulatory Authority, such as Banks and NBFC Issue: RBI has issued instructions to Regulated Entities (REs), i.e., Banks and NBFC , to not charge penal interest for non-compliance with loan terms.

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Building a Business Case for Finance Automation

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.