Tue.Apr 01, 2025

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Whose Sales Tax Is It, Anyway? Part 2

TaxConnex

In part one, we examined a few of the initial factors that go into determining the parties responsible for the sales tax in a transaction. As well see, there are others. Situs: Its easy to determine when the entire transaction occurs at the point-of-sale but is more difficult when the transaction involves numerous sites. Ownership can also exist not during shipping but until the delivery of the tangible personal property (TTP) to the final address.

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The Silent Tax Risk Lurking in Your Office Equipment

BurklandAssociates

Startups often overlook business personal property taxbut states are cracking down. Learn how to stay compliant in 2025 and beyond. The post The Silent Tax Risk Lurking in Your Office Equipment appeared first on Burkland.

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A Top Ten Firm is Frustrated Their Gen Z Staff Don’t Know How to Use Phones to Speak to Other Humans

Going Concern

It’s hard to write an article like this without coming off as some kind of boomer complaining about how kids these days are so [insert pejorative here] so allow me to preface this by saying I don’t intend anything I say here to be a value judgment. If we want to be completely fair about it, we millennials were the ones who pioneered the art of never answering the phone, far be it from one of us to say Zoomers are dumb for not wanting to talk on them.

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ITC Can’t be Rejected Due to Wrong GSTIN and Address Mentioned on the Invoice

VJM Global

Held by the Honble High Court of Delhi In the matter of M/s B Braun Medical India Pvt Ltd Vs Union of India & Ors. (W. P. (C) 114/2025 & CM APPL. 434/2025) In the recent case of M/s B Braun Medical India Private Limited , the Delhi High Court has granted one of the major relief wherein it was held that ITC can be allowed if the supplier has inadvertently mentioned the GST Number and address of the Assessee of the Maharashtra state instead of the Delhi state on the invoices.

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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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Project Management Outsourcing vs. In-House PMO: Which Is Right for Your Business?

Withum

When it comes to managing projects, organizations often face the decision of whether to establish an in-house Project Management Office (PMO) or opt for project management outsourcing, recognizing that strong project management is key to delivering on strategic priorities. Both approaches have their own set of advantages and disadvantages, and the choice largely depends on the specific needs and circumstances of the organization.

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How the 50 States Rank By Tax Burden (Updated for 2025)

CPA Practice

Residents of Hawaii are burdened by taxes the most, while Alaska residents have the lowest tax burden, a new WalletHub study found.

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At the end of a smooth tax season, an uncertain home stretch

Accounting Today

Tax preparers are concerned about the IRS's ability to make it through to April 15.

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Unlock Business Growth with Client Accounting Services from AccountingDepartment.com

AccountingDepartment

As a business owner, you're undoubtedly aware of the myriad responsibilities that come with the territory. From strategic decision-making to managing day-to-day operations, your plate is full.

Account 101
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AI startup hires auditors to investigate inflated sales

Accounting Today

Builder.ai lowered sales figures and hired auditors, a major setback for the artificial intelligence startup backed by Microsoft and the Qatar Investment Authority.

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Avalara Announces 29 Newly Certified Integrations into Business Applications 

CPA Practice

Certified integrations are built to help ensure customers enjoy a fast, reliable, and easy process for embedding Avalara's automated tax management into existing systems.

Tax 96
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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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House passes tax administration bills

Accounting Today

The House unanimously passed six bipartisan bills concerning taxes and the IRS, four of which were endorsed by the AICPA.

Tax 96
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AICPA Applauds Passage of Bipartisan Bills to Improve Tax Administration and Offer Relief to Taxpayers, Practitioners

CPA Practice

These bills, which were also included in the recent Senate discussion draft, will improve transparency and fairness for taxpayers and are strongly supported by the AICPA.

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Is gen AI really a SOX gamechanger?

Accounting Today

By streamlining tasks such as risk assessment, control testing, and reporting, gen AI has the potential to increase efficiency across the entire SOX lifecycle.

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3 Ways to Know if Your 401(k) is Too Aggressive

CPA Practice

Aggressive 401(k) portfolios have a high exposure to stocks and stock funds, making them more volatile over the short term.

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Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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FASB offers revenue guidance for construction contractors

Accounting Today

The Financial Accounting Standards Board released a paper on how to apply its revenue recognition standard to construction contracts with retainage provisions.

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Expensify Opens Travel Management System to All Customers

CPA Practice

The tool enables members to book and manage flights, hotels, rail, and car rentals all within Expensifys platform while ensuring compliance with corporate travel policies, reducing costs, and simplifying workflows.

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Local firm slashes staff starting salaries

Accounting Today

Here's a satirical post in honor of April Fool's Day.

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FASB Staff Paper Provides Revenue Recognition Insights for Construction Contractors

CPA Practice

The Financial Accounting Standards Board released astaff educational paperthat answers questions pertaining to applying revenue recognition guidance about presentation and disclosures to construction contracts that contain retainage or retention provisions.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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Subscribing Your Client(s) to Accountant-billed QuickBooks Bill Pay

Insightful Accountant

You can now subscribe your clients directly to a QuickBooks Bill Play plan that not only suits their needs, but which is billed to your firm. Best of all you receive your ProAdvisor Discount off the subscription price.

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Mississippi Considers 2025 Retail Delivery Fee  

CPA Practice

Mississippi may implement a retail delivery fee as early as July 1, 2025. If it does, it will join Colorado and Minnesota, the only states with a fee on retail deliveries today.

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In the blogs: Many hats

Accounting Today

Teaching fraud; easement settlement offers; new blog on the block; and other highlights from our favorite tax bloggers.

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State Societies in Action: Indiana CPA Society

CPA Practice

By leaning into collaboration, expanding partnerships, and driving workforce innovation, INCPAS is taking bold steps to support the profession and its future.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Small biz wage growth flat in March

Accounting Today

Hourly earnings and job growth for workers in small businesses remained mostly unchanged last month, according to payroll provider Paychex.

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Navigating the Accounting Firm Capacity Puzzle

CPA Practice

Leaders are always looking at managing capacity to allow their firms to thrive in the face of shifting client expectations, evolving technology and a competitive labor market.

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Your Firm’s Biggest Growth Lever: A Deep Dive Into Why Data Is Key To Success

Insightful Accountant

Want to build a successful firm? You need people who understand the principles of accounting, understand how to charge for their time, and can energize themselves to do it for hours at a time.

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State CPA Society News & Updates – March 2025

CPA Practice

State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories.

CPA 63
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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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Inside Scaling New Heights 2025: Joe Woodard on Leadership, Legacy & Tech in Accounting

Insightful Accountant

In this episode of the Accounting Insiders Podcast, host Gary DeHart sits down with Joe Woodard, founder of Scaling New Heightsthe nations largest accounting technology conference coming to Orlando in June.

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AICPA News – April 2025

CPA Practice

AICPA News is a collection of recent news briefs from the American Institute of CPAs.

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How to Write a Tax Preparer Job Description (Free Template)

Ryan Lazanis

Finding a great tax preparer can be tough. You dont just need someone to handle tax returns and review financial […] The post How to Write a Tax Preparer Job Description (Free Template) appeared first on Future Firm.

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Professionals on the Move – April 2025

CPA Practice

Professionals on the Move is a round-up of recent hiring, promotion and other staffing announcements from around the profession.

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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.