Tue.Dec 31, 2024

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Harnessing Data for Better Tax Projections

CPA Practice

Accurate projections arent just about staying compliant with the law. Theyre about giving clients the confidence to make smarter decisions.

Tax 115
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New crypto regs will generate information deluge

Accounting Today

Experts expect 'scattershot, unhelpful reporting' of crypto assets and transactions for the first few years with the 1099-DA.

Tax 126
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Treasury Department Says it Was Breached by Chinese-Backed Hacker

CPA Practice

The hacker was able to remotely access certain Treasury workstations and certain unclassified documents maintained by those users, according to a letter the agency sent to Congress on Dec. 30.

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IRS finalizes regs for De-Fi tax reporting

Accounting Today

The Internal Revenue Service issued final regulations for sales and exchanges of digital assets on the new Form 1099-DA for decentralized finance brokers, along with transition relief.

Tax 115
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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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Future-Proofing Your Business: Why CFO Support Services Are Essential for Long-Term Success

AccountingDepartment

In an ever-evolving business landscape, anticipating and adapting to future challenges and opportunities is crucial for achieving long-term success. As companies strive to stay ahead, CFO support services have emerged as a vital component in future-proofing business operations. Providing expert financial guidance, strategic planning, and technological integration, these services play a pivotal role in ensuring stability and growth.

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IRS seeks feedback on draft 6765 instructions

Accounting Today

The proposed instructions relate to filing for the research credit.

Tax 105

More Trending

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If an accounting firm and a fintech had a baby.

Accounting Today

The result would be a digital prodigy, an advisory superstar, a born collaborator and much more.

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'Inventory/Manufacturing' App Survey

Insightful Accountant

Please tell us which of the apps in our short survey are your favorite Inventory/Manufacturing solutions that work with QuickBooks.

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IRS gets John Doe summons for JustAnswer workers

Accounting Today

The Internal Revenue Service is looking for information on those paid by JustAnswer to serve as 'experts.

Tax 98
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Happy New Year 2025

Insightful Accountant

As we say goodbye to 2024 we signal not just the end of this year, but the start of a new year.

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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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IRS silence allows investors to exploit ETF loophole, study finds

Accounting Today

The tax-efficient, low-cost funds may have an even greater advantage over traditional mutual funds due to the IRS's lack of a definition for "substantially identical" securities.

Tax 64
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Being an Expert Witness in Criminal Defense Cases

FraudFiles

Defendants in criminal cases such as tax fraud, money laundering, or embezzlement often need forensic accountants to help evaluate complex financial situations. Should you provide expert witness services to criminal defendants? Tracy discusses the work and some of the issues that should be considered.

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AI-powered audit analytics offer value for auditors and clients

Accounting Today

While artificial intelligence has intrigued humans for centuries, it was not until the past few years that AI has undergone explosive growth in every field.

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Professionals on the Move – Year-End 2024

CPA Practice

Professionals on the move is a recap of recent promotions, hiring, and other staffing announcements from across the profession.

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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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QuickBooks Online Accountant now has call summaries, live cleanup

Accounting Today

Intuit announced that QuickBooks Live Accountant will now support call summaries and live cleanup features.

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CPE Webcast – Jan. 14, 2025: Amended Returns in Drake Software

CPA Practice

This webinar is designed for accountants using QuickBooks, Xero, or similar accounting software. Learn how Avalara integrates seamlessly with your existing tech stack, saving time, reducing costly errors, and hear firsthand from a firm that has supported clients through their tax compliance journey. Plus, earn CPE credit!

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Tech for T&E can transform client management

Accounting Today

In the realm of client accounting services, improvements in one area travel and expense management can have an outsized effect on maximizing efficiency for firms.

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BOI Reporting Injunction Reinstated Again – Enforcement Paused

Dent Moses

The Fifth Circuit Court of Appeals reinstated the CTA injunction on December 26 th. This follows a reinstatement of the CTA filing deadline on December 23 rd. So, as of December 26 th , the filing requirement is on hold. The following alert was issued by FinCEN via their website: In light of a recent federal court order,reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains

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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.

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In the blogs: Meltdown mode

Accounting Today

Foreshadowing TCJA talk; BOI ping-pong; rightful claims; and other highlights from our favorite tax bloggers.

Tax 52
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ADM shareholder calls for CEO to leave as probe drags on

Accounting Today

It's been almost a year since Archer-Daniels-Midland Co. disclosed a probe into its accounting practices that wiped out $12 billion from one of the world's largest agricultural commodities traders.