Tue.Jan 07, 2025

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Five trends that will redefine finance and accounting in 2025

Accounting Today

F&A has evolved from a number-crunching function to a strategic and consultative one, safeguarding assets, streamlining operations and influencing future growth.

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Refunds and sales tax

TaxConnex

Many shoppers went online this season to find the perfect gift. Its a safe bet that few of them hit the target, which leads to returns, which leads to refunds from sellers, to which leads to the nagging question: Does sales tax get refunded along with the purchase price? The simple answer is yes. The more accurate answer, particularly when something as complex as sales tax gets involved, is: Probably, but watch the details.

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Key Q1 2025 Tax Deadlines for Startups

BurklandAssociates

The first quarter of 2025 is packed with critical tax deadlines for startups. Missing these dates can result in penalties, compliance issues, and lost opportunities for valuable tax credits. To Read More The post Key Q1 2025 Tax Deadlines for Startups appeared first on Burkland.

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The best and worst states for property taxes in 2025

Accounting Today

Every state levies property taxes, but some states have high or complex property tax structures, making them less competitive.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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Navigating 2025’s Complex Landscape for Boards and Audit Committees

CPA Practice

Maintaining the focus on financial reporting and internal control risks remains job number one for audit committees.

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IRS proposes banning contingency fees

Accounting Today

The change would come as part of the first big amendments to Circular 230 since 2014.

More Trending

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Deadlines coming for taxpayers hit by disasters

Accounting Today

The IRS is reminding those who received filing relief that they likely have to file by Feb. 3 or May 1.

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The Tax Blotter – January 2025

CPA Practice

The Tax Blotter is a round-up of recent tax news, briefs, and court rulings.

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IRS, Treasury finalize rules for clean electricity tax credits

Accounting Today

The Treasury Department and the Internal Revenue Service released final rules for the Clean Electricity Investment and Production Tax Credits in Sections 45Y and 48E of the Tax Code.

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Why CFO Support Services Are Essential for Business Success in 2025

AccountingDepartment

The role of financial strategy in business success has never been more apparent. With increasing financial complexities, regulatory challenges, and an unpredictable economic environment, small and medium-sized businesses (SMBs) are discovering the critical value of CFO support services.

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

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Is it time to upgrade? Tips for changing accounting systems in 2025

Accounting Seed

Changing accounting systems can feel intimidating. Even if the legacy accounting system you currently use doesnt have the features, speed, or power you need, at least its familiar. Sometimes though, the benefits of switching to new software begins to outweigh the cost of learning a new system. If your outdated accounting system cant keep up with your growth, you want a more robust accounting system, or your vendor no longer supports your needs, it may be time to switch.

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The Big Boys in Investing Are Getting Into Accounting Now

Going Concern

Well it’s official, we’re in the “sell” part of the private equity cycle. We’re also in the part of the cycle where you may have actually heard of the company investing in the accounting firm. And, because of that, also in the part of the cycle where things heat up significantly now that the big boys are jumping into the accounting space.

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Caseware Acquires SaaS Solutions Provider LeaseJava

CPA Practice

This is Casewares eighth acquisition since Hg Capital acquired majority ownership of the Toronto-based company in late 2020.

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Caseware to acquire lease software company

Accounting Today

Caseware announced it is acquiring LeaseJava, an Atlanta-based provider of lease accounting support solutions.

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Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

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A Look Into Gen Z’s Unique Money Mindset and Approach to Financial Wellness

CPA Practice

Heres a breakdown of how members of Gen Z approach money, what factors influence their approach and what advice others have for those of this generation.

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Kacee Johnson departs CPA.com

Accounting Today

CPA.com's vice president of strategy and innovation, Kacee Johnson, has announced she is stepping away from her position after six-and-a-half years.

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CPE Webcast – Jan. 29, 2025: New Year, New Legal Entity

CPA Practice

Clients just starting out need insight on which legal structure to select for their business. Seasoned entrepreneurs may need insight as their company grows and the entity once selected may not be as advantageous as it once was. The New Year is an ideal time to get a refresh on business entity options for your clients.

Legal 59
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Citrin gets new PE owner as Blackstone buys stake

Accounting Today

The Top 25 Firm's private equity ownership will transfer from New Mountain Capital to Blackstone, marking the first 'turn' in the U.S. accounting space.

Account 59
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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.

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IRIS Software Group deepens its commitment to customer service

Accounting Insight

Chief Customer Officer, Dave Burns, will lead a new, unified, and global Customer Success function to create greater value for IRIS customers. IRIS Software Group (IRIS), a leading global provider of accountancy, education management, HR and payroll solutions, is adding enhanced value for its customers with the appointment of Dave Burns as Chief Customer Officer and the launch of a new, centralised Customer Success function.

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M&A roundup: HBK and SD Mayer expand

Accounting Today

Top 50 Firm HBK acquired Acuity Human Resources; and SD Mayer merged in Bogdan & Frasco.

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Moneypenny launches new call tracking service to help accountancy businesses drive growth and unlock marketing ROI

Accounting Insight

Moneypenny has launched a newcall-trackingservice to help accountancy businesses identify which marketing campaigns, ads, web pages, and specific keywords drive phone calls. The innovative solution is the first to be created in partnership with Ruler Analytics, a specialist marketing measurement platform. In todays competitive landscape, phone calls are still one of the most valuable forms of customer engagement, and understanding how they are generated is crucial to maximising marketing return

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QuickBooks Payments Changes Coming to QuickBooks

Insightful Accountant

Not later than the end of January, some QuickBooks users may see changes in the form of access to QuickBooks Payments.

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Crafting Impact: Revenue Growth And Efficiency For Finance Professionals

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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2025 Tax Refunds: When Can You Get Your Refund? Date Estimate

CPA Practice

Everybody hates the IRS, but many of us love getting a tax refund! Find out when you can expect to get your refund if you file early. Even without a refund loan, you can usually get your refund in 2-3 weeks.

Tax 52
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ProAdvisor 'Inventory/Manufacturing' App Survey Request

Insightful Accountant

Insightful Accountant is still seeking to update ProAdvisor preference information concerning Inventory/Manufacturing Apps that work with QuickBooks. Please assist us with a short survey telling us your favorite apps in this category.

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7 Ways Gen Xers Can Turbocharge Retirement Savings Before It’s Too Late

CPA Practice

The first edge of Gen X, which ranges in age from 44 to 59, is on the cusp of retirement, and they still have time and a handful of strategies to significantly improve their savings and retirement.

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How to Actually Start Tax Season Feeling Refreshed

Insightful Accountant

For tax professionals, January marks the beginning of the most demanding period of the year. While others are setting New Year's resolutions, you're preparing for four months of long hours, complex calculations, and deadline pressures.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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Moss Adams Promotes 10 to Partner

CPA Practice

The top 15 accounting firm announced Jan. 6 the addition of 10 new partners across multiple practices, with solutions related to tax and assurance.

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Thomson Reuters Acquires SafeSend

Insightful Accountant

Thomson Reuters automates the 'last mile' of tax return workflow by acquiring SafeSend to solve taxpayer e-signature and deliver pain points.

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Should You Actively Trade in a Roth IRA?

CPA Practice

Day trading in a Roth IRA is perfectly legal, but it may not be financially wise.

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QuickBooks Payments Changes Coming to QuickBoooks

Insightful Accountant

Not later than the end of January, some QuickBooks users may see changes in the form of access to QuickBooks Payments.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.