IRS Offers Top Tips To Make Tax Time Easier
Insightful Accountant
FEBRUARY 2, 2025
The Internal Revenue Service has provided taxpayers with six tips to make filing their 2024 tax return easier.
Sun.Feb 02, 2025
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Products Most Likely to Increase in Cost Due to Tariffs, From Avocados to Cars
CPA Practice
FEBRUARY 2, 2025
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
FEBRUARY 2, 2025
Our readership has responded and Murph has compiled some preliminary results from our 'What is a ProAdvisor Worth' Survey.
FP&A at a Tipping Point: New Report Reveals Challenges and Opportunities for Finance Professionals
Acterys
FEBRUARY 2, 2025
February 3, 2025 A new report from Acterys, “The Tipping Point: FP&A Snapshot Report 2025,” reveals that financial planning and analysis (FP&A) teams are facing a critical juncture. While grappling with persistent challenges like data silos and outdated technology, they also have unprecedented opportunities to leverage AI, enhance scalability, and drive strategic impact. “FP&A teams are at a crossroads,” said Martin Kratky, CEO and Co-Founder of Acterys.
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.
CBIC Issued Clarification on Applicability of GST on Various Services Such as Penal Charges, Services by Payment Aggregator etc.
VJM Global
FEBRUARY 2, 2025
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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