Wed.Jan 08, 2025

article thumbnail

Dr. Jackie Meyer Redefines Success in Accounting

Canopy Accounting

In this episode, we sit down with Dr. Jackie Meyer, CPA, entrepreneur, and author of The Balance Sheet of Life Formula. Jackie shares her journey as she goes from a traditional accountant to pioneering innovative approaches in the field. She also discusses the challenges of postpartum depression and chronic fatigue, revealing how these experiences shaped her approach to work-life balance.

Account 59
article thumbnail

How to Strengthen Financial Consolidation and Close for Smarter Insights

Acterys

Financial consolidation and close are fundamental processes that ensure accurate reporting and reconciliation and allow organizations to strategically plan for the future. Yet as businesses grow in complexity, these efforts become increasingly challenging. Outdated tools, manual efforts, and fragmented data spread across an ever-increasing number of teams can turn close and consolidation into a drawn-out process riddled with errors.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Small business job and wage growth slackened

Accounting Today

Job growth and hourly earnings growth moderated in the latter part of 2024, according to the payroll processor Paychex.

payroll 138
article thumbnail

IRS Free File System Opens Jan. 10, Allowing Some to Pre-File Tax Returns

CPA Practice

The early availability of the IRS Free File online systems will allow taxpayers to prepare and file their returns before the IRS officially starts accepting them, but they will then be already electronically in line when processing begins.

article thumbnail

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.

article thumbnail

Grant Thronton CEO steps down

Accounting Today

Seth Siegel, CEO of Top 10 Firm Grant Thornton, announced he is stepping down from his position after 30 years with the firm.

119
119
article thumbnail

Taxpayer Advocate: IRS Has Improved Taxpayer Services, But Delays in ERC Claims and Identity Theft Assistance Still a Concern

CPA Practice

In her latest annual report to Congress, National Taxpayer Advocate Erin Collins praised the IRS for a much-improved taxpayer experience but also highlighted several ongoing challenges at the tax agency.

Tax 119

More Trending

article thumbnail

Truewind Accounting AI Platform Raises $13 Million in Series A Funding

CPA Practice

Truewind, an accounting AI platform, recently announced that it has raised $13 million in Series A funding from Thomson Reuters Ventures, Rho Capital and Pathlight Ventures.

Account 119
article thumbnail

Private sector added 122K jobs in December

Accounting Today

Annual pay grew 4.6% year over year as private sector employers added 122,000 jobs in December, payroll giant ADP reported.

payroll 98
article thumbnail

ADP Says 122,000 Jobs Added in December, While Annual Pay Rose 4.6%

CPA Practice

ADP's pay measure uniquely captures the earnings of a cohort of almost 10 million employees over a 12-month period.

payroll 111
article thumbnail

CFO roles will expand, create more value in 2025

Accounting Today

Continuing talent challenges, increasingly dangerous cyber threats, renewed focus on ROI and the rise of AI will permanently change the way CFOs work.

Account 97
article thumbnail

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.

article thumbnail

Grant Thornton CEO Seth Siegel Leaves Post

CPA Practice

Siegel, who has been CEO of Grant Thornton since August 2022, announced on LinkedIn Wednesday that he was stepping down from his post and will transition to a senior advisor role with the firm.

110
110
article thumbnail

FAF seeks nominations for leadership roles

Accounting Today

The Financial Accounting Foundation is looking for nominations for leadership roles, including FAF executive director.

article thumbnail

Survey: Despite AI’s Growing Impact on the Workplace, Most HR Leaders Are Not Focused on Reskilling Workers

CPA Practice

Only 7% of CHROs say they are implementing reskilling strategies for job roles that have a high probability for at least a quarter of tasks to be taken over by AI.

payroll 105
article thumbnail

Texas court halts CTA in another lawsuit

Accounting Today

A federal court in Texas has issued another preliminary injunction and stay halting enforcement of the Corporate Transparency Act and its beneficial ownership information reporting requirement.

Texas 64
article thumbnail

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.

article thumbnail

California CEO Pleads Guilty to Employment Tax Crimes

CPA Practice

In total, John Comeau caused a tax loss to the IRS of approximately $1,150,000. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

article thumbnail

Divide and Conquer: The Valuation of Undivided Real Estate Interests for Tax Planning

Withum

An undivided real estate interest is a form of ownership in which several parties hold ownership of the same property. Unlike typical ownership, where one individual or entity owns the entire property (a fee simple interest), undivided interests mean that multiple owners each have use of the entire property. This is like fractional ownership of a business entity, in which several owners each hold a percentage of the same company.

article thumbnail

IRIS beefs up Firm Management solution, customer success function

Accounting Today

IRIS expanded its IRIS Firm Management solution with enhanced document management capacities. It has also introduced a centralized Customer Success function.

59
article thumbnail

How to Intuit Enterprise Suite: Support Multi-entities

Insightful Accountant

Murph summarizes the multi-entity features and functionality of Intuit Enterprise Suite in this edition of "How to ERP." Step-by-step for multi-entity set-up, intercompany transactions, user roles, and consolidated financials.

52
article thumbnail

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.

article thumbnail

My Thoughts on the Bench Meltdown

Ryan Lazanis

Bench, a leading bookkeeping firm, abruptly shut down recently. Here are my insights on this news and what this means for your business. The post My Thoughts on the Bench Meltdown appeared first on Future Firm.

article thumbnail

HBK Acquires Acuity Human Resources

CPA Practice

The Canfield, OH-based top 50 accounting firm has acquired Acuity Human Resources, a Cranberry Township, PA-based provider of human resources consulting services.

article thumbnail

January Webinars and Training Opportunities For ProAdvisors

Insightful Accountant

Join your peers for this amazing line up of training and webinars provided by Insightful Accountant and taught by some of the top trainers in the profession.

article thumbnail

Mastering the Art of Agency Growth: Lessons from Brad Ferris

Summit CPA

Brad Ferris, a seasoned expert with over 20 years in the marketing and creative agency space, discusses scaling creative agencies.

52
article thumbnail

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.

article thumbnail

IRIS Makes Enhancements to Firm Management Solution

CPA Practice

The updates announced on Jan. 8 make it easier for accounting firms to manage and onboard clients, stay compliant, and collaborate across teamsall while scaling for future growth, according to IRIS.

article thumbnail

Transforming Financial Reporting for Crypto With Sam Leichman of Propeller Industries

Withum

In this episode of Cryptonomix, Mark Eckerle sits down with Sam Leichman, Blockchain Practice Leader at Propeller Industries. They discuss the transformative potential of Web3, the creation of SODA, and the importance of accurate financial reporting for digital assets.

52
article thumbnail

Opinion: The Case for Killing the Tax Credit for Electric Vehicles

CPA Practice

It's ineffective at shaping behavior, and it primarily benefits the wealthy while needlessly adding to the deficit. EVs aren't even good at curbing climate change, and the credit could be stifling better alternatives.

Tax 52
article thumbnail

You Asked, We Delivered: Accountant-Inspired Features in 2024 and Those On the Horizon

Insightful Accountant

2024 was an exciting year for innovation at QuickBooks, and we owe much of that success to you, the accounting community. In connecting with accountants, weve learned that as we continue to add new functionality.

article thumbnail

AP Automation: The Competitive Advantage Your Business Needs

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging technology to drive productivity and cost savings. So, how do you make the case for automation within your organization?

article thumbnail

IRS Says Free Tax Filing Software Opens to Taxpayers Soon

CPA Practice

The IRS Free File Guided Tax Software system will start accepting individual returns on Jan. 10,the agency said. The system is open to taxpayers with adjusted gross incomes of $84,000 or less.

Tax 52
article thumbnail

Bitcoin investor ordered to reveal access codes to $124M

Accounting Today

An early Bitcoin investor sentenced to two years in prison for tax fraud related to cryptocurrency sales has been ordered to disclose his secret pass codes.

Tax 52
article thumbnail

Small Business Job Growth Moderated in 2024

CPA Practice

Job growth in U.S. small businesses with fewer than 50 employees averaged modest employment growth throughout 2024, according to the Paychex Small Business Employment Watch.

payroll 52
article thumbnail

How to Do Affiliate Marketing: Guide for Accountants and Bookkeepers

Patriot Software

Finding new ways to drive passive income is a business-savvy move. Thats why more accountants are learning how to do affiliate marketing. Affiliate marketing programs can help you earn thousandsor even tens of thousandsin additional income per year. One study found that 33.08% earn at least $10,000 annually from affiliate marketing alone.

article thumbnail

Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.