Sun.Mar 09, 2025

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Fractional or In-House? Choosing a Controller for Your Business

Basis 365

As your business grows, so does the complexity of your financial operations, making it essential to have a skilled controller overseeing your financial reporting, cash flow, and internal controls. But is it better to create a position in-house or hire fractional controller services ? Each option has distinct benefits and drawbacks, depending on your companys size, budget, and financial needs.

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Xero rolls out new "Reconcile Period" feature.

Insightful Accountant

The new feature addresses the requests of many Xero users for a 'period end' bank reconciliation option that ensures each period is properly closed and locked so the information remains accurate.

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Small Business Strategy: A Heavy Vehicle Plus a Home Office Equals Tax Savings

RogerRossmeisl

New and used heavy SUVs, pickups and vans placed in service in 2025 are potentially eligible for big first-year depreciation write-offs. One requirement is you must use the vehicle more than 50% for business. If your business usage is between 51% and 99%, you may be able to deduct that percentage of the cost in the first year. The write-off will reduce your federal income tax bill and your self-employment tax bill, if applicable.

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What's New with QuickBooks Desktop Enterprise

Insightful Accountant

Intuit recently rolled out a release update to QuickBooks Desktop Enterprise v24.0. The R13 update includes some enhancements to search, filtering, and reporting.

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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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Watch Out for Predatory Lenders

RogerRossmeisl

Whether youre an entrepreneur seeking start-up funds or the owner of an established business that needs capital to make an acquisition or develop new product lines, be careful when looking for a lender. To avoid fraudsters and potentially dire consequences, you need to take your time and carefully screen anyone eager to lend you money. After all, there must be something in it for them.

CPA 152
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Navigating the trade war: What US accounting professionals need to know about the choice of Canada’s new Prime Minister

ThomsonReuters

For US accounting professionals serving business clients with interests in this evolving situation, understanding the implications of this leadership change is crucial. Jump to Background on Trudeau’s resignation Mark Carney replaces Trudeau The impact of the new Prime Minister Challenges around Trump’s tariffs How US accounting professionals can prepare for the changes Strategies for accounting professionals amid shifting policies Background on Trudeau’s resignation Prime Min

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