Accounting profs adapt to AI amid cheating concerns
Accounting Today
FEBRUARY 18, 2025
The rise of generative AI has led to AI-guided cheating, and accounting educators are seeing it in their own classrooms.
Tue.Feb 18, 2025
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A Founder’s Guide to Building a Biotech Dream Team
BurklandAssociates
FEBRUARY 18, 2025
Strategies and best practices to help your biotech startup attract top talent, build a strong team, and drive innovation for long-term success. The post A Founders Guide to Building a Biotech Dream Team appeared first on Burkland.
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Should You Use Your Tax Refund to Pay Off Debt?
CPA Practice
FEBRUARY 18, 2025
A refund has the potential to make a serious dent. The average refund amount in 2024 was $3,138, according to the IRS. But is paying down debt the best way to spend that money?
Priorities for CFOs in 2025
Accounting Today
FEBRUARY 18, 2025
Financial leaders are looking forward to the new opportunities that 2025 will bring, while keeping an eye on potential risks that may carry over from 2024.
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.
Are Married Couples Considered Partners in LLCs?
CPA Practice
FEBRUARY 18, 2025
You live together, you work together, you may even have children together. But does being partners in life automatically make you partners in business?
Virginia adds path to CPA licensure
Accounting Today
FEBRUARY 18, 2025
Virginia, Pennsylvania and Minnesota made headway in adding alternative pathways to CPA licensure.
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Citrin Cooperman buys HW&Co.
Accounting Today
FEBRUARY 18, 2025
The Top 25 Firm has acquired a Regional Leader, its first acquisition since Citrin's private equity backer changed from New Mountain Capital to Blackstone.
Prismatic Rebrands as Asseta, Turns Focus to Family Offices
CPA Practice
FEBRUARY 18, 2025
"We are unveiling our new brand to solidify our mission to build the best technology suite for wealth, estate planning, workflow automation and agentic AI for family offices, said Dean Palmiter, co-founder and CEO of Asseta.
The regulatory forecast: Less, and lighter
Accounting Today
FEBRUARY 18, 2025
Under the new administration, accountants can expect a lighter hand from the Public Company Accounting Oversight Board and other regulators.
Ignition Debuts AutoPricing to Automate Growth for Services Businesses
CPA Practice
FEBRUARY 18, 2025
AutoPricing is a new suite of pricing automation capabilities to help professional services businesses increase prices in bulk to grow revenue and improve profitability, Ignition says.
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.
IRS layoffs expected despite tax season assurances
Accounting Today
FEBRUARY 18, 2025
The Internal Revenue Service is reportedly planning layoffs of thousands of first-year probationary employees in the midst of tax season as soon as this week.
Citrin Cooperman Acquires HW&Co. in Ohio
CPA Practice
FEBRUARY 18, 2025
The PE-backed top 20 firm said Tuesday it has acquired substantially all the assets of HW&Co., a Woodmere, OH-based accounting and advisory firm that is among the top 300 largest in the U.S. by revenue.
IRS memo sets stage for Musk advisor to access taxpayer data
Accounting Today
FEBRUARY 18, 2025
The IRS would give a temporary detail to provide software engineering expertise to a special advisor to the director at the Office of Personnel Management.
Social Security Acting Chief Quits Over Musk-Led Hunt for Data
CPA Practice
FEBRUARY 18, 2025
Social Security Agencyacting commissionerMichelle King has reportedlyresigned in protestover the effort led by billionaireElon Muskto gain access to recipients personal information.
Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense
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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.
Sales tax registration: The latest and what’s involved
TaxConnex
FEBRUARY 18, 2025
Its been almost seven years since the Supreme Courts South Dakota vs. Wayfair decision opened the door for remote sellers sales tax obligations in almost every state. In that time, online businesses need to get sales and use tax registration right has only intensified. Many businesses can now feel overwhelmed with managing sales tax obligations and by the number of applications they must file in every state where they have an economic or physical nexus.
Bessent: DOGE Effort Has Saved Estimated $50 Billion Thus Far
CPA Practice
FEBRUARY 18, 2025
Treasury Secretary Scott Bessent said Americans dont have to be concerned about any of this, referring to attempts by the DOGE team to access a broad range of taxpayer data, including on individuals.
My Opinions About 2024’s Stock Market Performance
Withum
FEBRUARY 18, 2025
The suggestions and illustrations in this blog are not intended as financial advice. They are my personal opinions. Taking a Short-Term Versus Long-Term View In the short term, many factors will affect stock prices sometimes all at once and sometimes just one or two factors, depending on the current issues of concern. The following list includes some of the factors that may affect stock prices and the values of the companies represented.
Master the Art of Marketing Agency Management with Four Steps
Summit CPA
FEBRUARY 18, 2025
Growing your creative agency requires more than landing great clients and big contracts. A lot must happen internally to ensure you've built the infrastructure to sustain your agencys growth, from evaluating your current responsibilities as a creative agency owner and hiring the right people to revisiting your professional goals and determining a path forward.
Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation
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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.
How accountants can build and maintain trust in an AI-driven world
Mark Lee
FEBRUARY 18, 2025
Trust has always been the foundation of strong client relationships. But in a world where AI and large language models (like ChatGPT) are becoming increasingly popular, the need to show clients they can trust you has never been more important. Clients have long had the facility to search online and to access instant answers, generic advice, and now also have automated solutions at their fingertips.
Is Unlimited PTO A Game-Changing Perk or a Formula for Chaos?
Basis 365
FEBRUARY 18, 2025
Imagine walking into an office where employees can take time off as needed without worrying about earning or losing daysa workplace built on trust and flexibility. However, "unlimited" PTO isnt as open-ended as it sounds. To prevent potential abuse and protect the business, clear guidelines and conditions must be in place. In fact, some argue that calling it "Uncapped PTO" better captures its true nature: theres no preset maximum limit, but there are defined rules to ensure fairness and accounta
Expect a tempest in tax under Trump
Accounting Today
FEBRUARY 18, 2025
From the International Revenue Service to international issues, the second Trump administration promises plenty of change in the world of tax.
Where are we now with cryptoasset regulation?
Menzies
FEBRUARY 18, 2025
Menzies LLP - A leading chartered accountancy firm. The UK is attempting to position itself as a reliable place for cryptoasset entities to do business. It wants to use its position as a Financial Services centre to encourage firms in the sector to base their operations here. It is doing this as it can see the potential benefits to consumers of utilising crypto to improve the overall payments system.
Outsourcing Vs. In-House: The Ultimate Battle For Better Collections
Speaker: Susan Richards
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
Tuesday Morning Accounting News Brief: Deloitte Report Says India Outsourcing Will Increase (Duh); More Work Means You’re Liked at Work | 2.18.25
Going Concern
FEBRUARY 18, 2025
We’re doing the news brief today because yesterday was President’s Day. I’m saying that because I’m sure many of you weren’t aware some people had yesterday off. Some obvious news from Economic Times of India: Indias outsourcing landscape is undergoing a significant transformation, with 81% of organisations planning to increase their outsourcing efforts over the next three to five years, according to Deloittes latest report, The outsourcing compass: Decoding strateg
Do you pay subcontractors to carry out construction work?
Menzies
FEBRUARY 18, 2025
Menzies LLP - A leading chartered accountancy firm. HMRC have recently released a YouTube video, aimed at Subcontractors, explaining that Contractors in the Construction Industry Scheme (CIS), who make CIS deductions, are required to ensure that the cost of any materials charged on the invoice is correct, and if no evidence is provided, the Contractor can make an estimate based on what they think is reasonable.
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