Sun.Mar 02, 2025

article thumbnail

Treasury Department Suspends Enforcement of BOI and Corporate Transparency Act

CPA Practice

The Treasury Department announced on Sunday, March 2, 2025, that it will no longer enforce the Corporate Transparency Act or the associated Beneficial Ownership Information Reporting requirements.

article thumbnail

Important Reminder: QBO To Stop Supporting 'Tags'

Insightful Accountant

As of March 8, 2025, QuickBooks Online will stop supporting the use of 'tags'. An option to migrate existing tags to custom fields will be made available in February of 2025.

Insiders

Sign Up for our Newsletter

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

article thumbnail

CBIC Introduced Single All-India Multipurpose Electronic Bond (SEB) Under Customs

VJM Global

In line with the announcement by the Honble Finance Minister to digitize all the remaining Customs processes by mid-2026, the CBIC has taken another step toward digitization of Bonds. To enhance efficiency and reduce the administrative load on businesses, vide Circular No. 04/2025-Customs dated 170.02.2025, the CBIC has introduced a project named Ekal Anubandh wherein a single All-India Multi-purpose Electronic Bond with end-to-end automation has been introduced.

article thumbnail

6 Insights for Accountants From the 2025 QuickBooks Small Business Index Annual Report

Insightful Accountant

Accounting professionals know firsthand the challenges small business clients face, regardless of what industry the clients work in, geographic location, or the state of the economy. Read the 2025 Intuit QuickBooks Small Business Index Annual Report.

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

The employee choice pathway: What small businesses need to know

Reckon

Changes to how casual employees can transition to permanent employment are coming this year. The new process adds an employee-driven element, where, depending on certain circumstances, a casual employee can notify their employer of their intention to move from casual to permanent employment. This is a marked departure from the previous rules, which were entirely up to the employers.

payroll 52