Wed.Mar 19, 2025

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No dumb questions: What clients are asking this tax season

Accounting Today

Are tax prep clients' weird questions actually weirder this year, or does it just seem that way?

Tax 90
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Anders Recognized on St. Louis Business Journal List of Largest St. Louis Accounting Firms

Anders CPA

The St. Louis Business Journal has named Anders one of the 99 largest accounting firms in St. Louis, marking the third year the firm has been included. Anders came in fourth on the list, based on the number of local CPAs employed by each firm: After several years of sustained growth through mergers and recruitment efforts, Anders employs 113 local CPAs and 141 CPAs firmwide.

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Advisory Services Unlocked with Jasen Stine

Canopy Accounting

In this episode of the Canopy Practice Success Podcast, Jasen Stine joins us with his knowledge as an experienced tax and accounting professional. We discuss Jasen's background, including his 25 years in the industry and recent transition to consulting for firms wanting to move towards advisory services. The conversation delves into the benefits and challenges of shifting to a subscription-based model, especially for firms with an established client base.

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Inheritance Tax payment deadline must be extended, say accountants

Accounting Insight

The Chancellor should extend the six-month Inheritance Tax (IHT) payment deadline, according to a survey of accountancy professionals. Accountancy professionals fear delays are inevitable due to the extra work required due to changes announced in the Autumn Budget. Changes made at the Budget mean that most unused pension funds and death benefits will be included within the value of a persons estate for IHT purposes.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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QuickBooks Alternatives: New Players Worth Your Consideration

Shay CPA

QuickBooks has long been the standard in accounting software, and for good reason. Its a robust tool packed with lots of features, and it can scale with your business. That said, its not the only player in the game. And some of the other options can offer advantages. QuickBooks can get costly as you add seats and features. It might also be overly complex, too, especially if your business is still in its startup phase.

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A Top 15 Firm Across the Pond Wants to IPO, Has to Get Regulators Off Their Back First

Going Concern

MHA, top 15 firm in the UK (#13) and member of Baker Tilly International, is apparently seriously considering an IPO and soon, maybe as soon as the end of this month. The Times reported earlier this week that such an offering, if it goes down the way partners want it to, would be a “windfall” for the firm’s handful of current and retired partners.

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More Trending

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“Slow approvals cost more than time – they cost growth” warns AccountsIQ CEO as company tackles industry approval delays

Accounting Insight

The CEO of AccountsIQ, a leading provider of advanced financial management software, has today warned that many businesses are unknowingly slowing their own growth due to outdated and inefficient approval processes. This bottleneck risks becoming critical in an increasingly fast-paced economic environment. To counteract this, AccountsIQ has introduced its new Workflow Approval Engine, designed to help businesses streamline approvals, improve compliance, and gain full visibility over financial wo

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Beyond the Busy Season: Building a Sustainable and Scalable Accounting Firm

Canopy Accounting

Let Us Get the Conversation Started: Breaking the Cycle of Overwork Many accounting firms operate in survival mode during busy seasons, only to face unpredictableand often lowerworkloads during the rest of the year. While this cycle may seem inevitable, it is neither efficient nor sustainable. It often leads to burnout, inefficiencies, and missed opportunities for growth.

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North Carolina bill aims to fix CPA shortage

Accounting Today

North Carolina is the latest state making legislative moves in hopes of expanding the pipeline of licensed accountants with an alternative path.

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10 Influential Women in Accounting 2025

Canopy Accounting

The accounting profession has long been shaped by trailblazers who challenge the status quo, drive innovation, and redefine whats possible. In 2025, women continue to lead the charge, transforming firms and leveraging technology to streamline workflows. These 10 influential women are not just keeping up with industry shifts; theyre setting the pace.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

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Why Communication is an Overlooked Factor in Accounting Software Implementation

CPA Practice

When designing accounting software, communication is a major factor, and it is no less true when it comes to its implementation.

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EY, Deloitte, Digits announce agentic AI partnerships with Nvidia

Accounting Today

Big Four firms EY and Deloitte, as well as accounting automation solutions provider Digits, all announced separate partnerships with technology company Nvidia.

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Survey: You’re More Likely to Get a Raise if You Learned About Money as a Kid

CPA Practice

Financial experts advise parents to initiate money conversations with their children as early as possible to normalize financial learning and planning.

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Nonprofit Fund Accounting vs. For-Profit Accounting: How Do They Differ?

GrowthForceBlog

6 min read March 19th, 2024 In both the nonprofit and for-profit sectors, financial management is essential to success. You can't run a profitable business or a viable nonprofit without a good bookkeeping and accounting system designed to support financial health and operations.

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New Software & You: Elevating Your Tech Stack

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

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How Accounting Firms Can Use B-Roll Footage for Marketing

CPA Practice

While talking-head videos and webinars are common, B-roll footagesupplementary clips that enhance storytellingcan significantly improve video effectiveness.

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Crowds became unruly during IRS Saturday tax events

Accounting Today

Internal Revenue Service employees faced threats of assault during Saturday tax assistance events last year, according to a recent report.

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How to Calculate Weighted Average (and Why It Matters in Business)

Patriot Software

From inventory valuation to sales forecasting, there are plenty of times you may need to calculate a weighted average in your business. And you dont have to be a mathematician to find it. Learning how to calculate weighted average is a relatively easy process. What is a weighted average?

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Social Security to Require Identity Checks in Fraud Crackdown

CPA Practice

TheSocial Security Administrationwill add new procedures requiring beneficiaries to prove their identity before claiming benefits or changing their direct deposit instructions, as part of an effort to crack down on fraud.

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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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West Virginia weather victims get tax relief

Accounting Today

The IRS is pushing back filing and payment deadlines to Nov. 3.

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4 Tips for Starting a Side Hustle at Any Age

CPA Practice

When it comes to launching a side hustle after years of experience in the working world,you have a choice: Either start your own business or join an existing side-hustle platform that matches people with opportunities.

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Accounting Today seeking 2025's Best Firms for Technology

Accounting Today

Accounting Today is accepting submissions for its report recognizing the Best Accounting Firms for Technology. This is the seventh year the publication will recognize firms in this category.

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Acumatica Partners with British Racing Firm

CPA Practice

Acumatica will sponsor Venture Engineerings Mercedes-AMG GT4 car throughout the 2025 Michelin 24H European Series, building on the teams impressive debut at the 24H Barcelona, where they won the GT4 class during the 2024 season.

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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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QuickBooks ProAdvisor Level 2 V-con is Next Week

Insightful Accountant

Next week, March 25 - 27, Intuit will offer a free Virtual Conference to prepare ProAdvisors for 'Level 2' Certification.

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5 Top Trending Tax Questions During the 2025 Filing Season

CPA Practice

Cryptocurrencygains, remote work tax implications, and NFT reporting rules are among the many topics taxpayers are asking accountants questions about this tax season, according to new data from expert platform JustAnswer.

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How to Acumatica - New Project Quotes for Mobile App

Insightful Accountant

Acumatica has added the ability to generate project quotes using their Mobile App. Murph looks at this new functionality in this Acumatica edition of our "How to ERP" series.

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PCAOB Appoints New Members to Advisory Groups

CPA Practice

The Public Company Accounting Oversight Board on March 18 appointed new members to two of its advisory groups: theInvestor Advisory Groupand theStandards and Emerging Issues Advisory Group.

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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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New Push for IRS Regulation Amid Staff Reductions

Insightful Accountant

Legislation seeking to grant the IRS authority to regulate tax prep services has been reintroduced in Congress, continuing an effort to establish industry-wide standardsbut it comes at a time when the agency is facing staffing challenges.

Tax 52
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Alabama Accountant Pleads Guilty After Sexual Abuse of Kids Revealed on Florida Vacation

CPA Practice

Paul Victor Yother, 44, pleaded guilty March 13 to four counts of sexual abuse of a child under the age of 12, and 11 counts of unlawful possession of obscene matter. He was sentenced to 50 years in prison.

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You're Over-Analyzing: Stop Measuring EVERYTHING ALL and Start Measuring What Matters

IgniteSpot

Learn how to focus on the right business metrics to drive growth and profitability with expert advice from an outsourced accountant. The blog advises businesses to focus on actionable metrics that drive growth, such as cash flow and OKRs, rather than getting lost in irrelevant financial ratios.

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Fed Holds Interest Rates Steady, Sees Slower Growth and Higher Inflation

CPA Practice

Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, though they telegraphed expectations for slower economic growth and higher inflation.

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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.