Thu.Apr 03, 2025

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Continuous auditing: A new era or a challenge to tradition?

Accounting Today

Should auditors be involved in real-time financial monitoring? The potential is huge, but so are the challenges that come with it.

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Introducing taxC – New product offering of AI-enhanced calculation technology and managed filing and remittance

TaxConnex

We are excited to announce a new offering from TaxConnex taxC . This powerful new solution combines advanced tax calculation automation with dedicated human oversight and supportdelivering end-to-end sales tax compliance. Combining the power of our managed filing and remittance services with CereTax s AI-enhanced calculation technology, taxC offers businesses a seamless, end-to-end sales, use and telecom tax management experience. taxC is designed to streamline and optimize the complex processe

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3 Bad Leadership Qualities That Will Stall Your Skagit County Business’s Growth

SkagitCountyTaxServices

In my precious moments of respite from tax season chaos this weekend (of which only two weeks remain, Ill remind you if you havent filed, get on that ASAP), I read an article that was a good reminder of why I started my business in the first place. It was about a nurse anesthetist who started making quilts for his son, and turned his hobby into a side hustle, bringing in 1.4 million a year.

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Percentage Leases: Strategies for Retail and Franchise Success

Withum

The bustling corridors of an airport or a shopping mall present a lucrativeopportunity for franchises and retail companies to capitalize on foot traffic. This increase in sales opportunities can also factor into the companys lease agreement with the commercial management company. A percentage lease may be required in these circumstances, which may present a new set of challenges regarding compliance and financial reporting for franchisees and retail owners.

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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

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IRS plans to bring back fired probationary employees

Accounting Today

The Internal Revenue Service reportedly intends to reinstate thousands of probationary employees who were fired after two courts ordered it to do so.

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Unlocking the Power of the Audit Log in QuickBooks Online: What You Need to Know

SchoolofBookkeeping

When it comes to managing your accounting system, the Audit Log in QuickBooks Online (QBO) is the unsung hero you didn’t know you needed. It’s like having a detailed diary of every move made in your books—who did what, when, and how. In this post, we’ll dive into the applications, limitations, and some pro tips to help you make the most of this powerful feature.

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E-Commerce Accounting with QuickBooks Commerce

SchoolofBookkeeping

E-commerce businesses face unique challenges when it comes to managing financial workflows, sales channels, and inventory. QuickBooks Commerce has emerged as a tool designed to streamline these processes, providing a structured approach to managing online sales. In this blog, we’ll dive into the features of QuickBooks Commerce, explore its benefits, and share actionable insights to help you optimize your e-commerce operations.

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Top Remote Tax and Accounting Candidates of the Week | April 3, 2025

Going Concern

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Sign up now to view the complete candidate list and connect with potential hires.

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Ramp releases tool to detect AI-generated receipts

Accounting Today

Spend management solutions provider Ramp released a new solution in response to recent advances in AI image generation making it easy to create convincing fake receipts, a major fraud risk.

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ClientWindow and Karbon Announce Exciting Partnership to Transform Client Communication

Accounting Insight

ClientWindow is thrilled to announce a new integration and partnership with Karbon, making it easier than ever for accounting firms to manage client conversations on WhatsApp. With this partnership, client WhatsApp messages can now be automatically directed into Karbon, allowing firms to capture, track, and respond to client queries within the platform.

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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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Laying the Foundations to Measure Value from Investment in AI: 3 Key Priorities

CPA Practice

Finance teams should consider three key foundational areas of focus when seeking to harness AI's transformative potential to drive and quantify value.

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Driving SMB Growth with CFO Support Services

AccountingDepartment

For small to medium-sized businesses (SMBs), financial management can feel like juggling multiple prioritiesoverseeing cash flow, managing expenses, budgeting for growth, and navigating financial risks, all at the same time.

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Solver Releases xFP&A Nonprofit Industry Solution Models to Meet Industry Challenges

CPA Practice

Solver, a cloud-based xFP&A (extended financial planning and analysis) software company, has launched a new solution designed to improve planning, reporting, consolidation, and analysis in nonprofit organization.

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Tax Fraud Blotter: Big plans

Accounting Today

What becomes of the broken-hearted; the earth moved; Kreative accounting; and other highlights of recent tax cases.

Tax 59
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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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Continuing Jobless Claims in the U.S. Rise to Highest Level Since November 2021

CPA Practice

Continuing claims, a proxy for the number of people receiving unemployment benefits, increased to 1.9 million in the week ended March 22, slightly higher than economists expected.

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Tax Strategy: Updates on the Clean Vehicle Tax Credit

Accounting Today

The requirements for the Clean Vehicle Credit seemed a little complicated when they were introduced, and they are proving to be a little difficult in practice.

Tax 59
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Progress Unveils Powerful AI Tools for ShareFile Platform

Insightful Accountant

Advanced capabilities strengthen data security, streamline workflows and accelerate document collection by nearly 3.

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AI in Accounting: Moving Beyond Adoption to Enhance Client Outcomes

CPA Practice

Its clear that artificial intelligence is revolutionizing the industry by optimizing operations in areas like financial analysis, transaction processing, and reconciliation. But are we using AI strategically, or just automating routine tasks?

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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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Intuit QuickBooks releases Economic Reports

Insightful Accountant

Earlier this week, Intuit QuickBooks released two economic focused reports. A new 'Credit Card Entrepreneurs' Report and the latest Intuit QuickBooks Small Business Index.

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The case for shifting opportunity zone tax credits to the 'Heartland'

Accounting Today

The founder of Tulsa Innovation Labs is calling for changes to draw more investments from civic-minded financial advisors and clients in their local communities.

Tax 52
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FASB Offers Clarity on Construction Contractor Retainage Disclosure

Insightful Accountant

This article summarizes key points of a recent educational paper by the Financial Accounting Standards Board (FASB) to clarify Generally Accepted Accounting Principles (GAAP) presentation and disclosure requirements for Construction Contractors.

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Frazier & Deeter Gets Capital Infusion From PE Firm General Atlantic

CPA Practice

Frazier & Deeter is the latest top 50 accounting firm to receive a bump in capital from a private equity firm, announcing Thursday a strategic growth investment from General Atlantic.

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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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Xero and Sumday Partner On 12 Months Free Carbon Accounting Tools for Xero Customers

Insightful Accountant

Xero, the global small business platform, today announced an expanded partnership with Sumday, a carbon accounting software provider, making it easier to track and manage carbon footprints.

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The Tax Firm of Mike Habib, EA: A Beacon of Personalized Tax Service in Pasadena and Glendale, California

MyIRSRelief

Tax season in Pasadena and Glendale, California, can feel like a high-stakes drama, complete with plot twists, looming deadlines, and the occasional villain in the form of the IRS. For the individuals and small business owners navigating this annual saga, the difference between a happy ending and a financial nightmare often hinges on one thing: the tax professional in their corner.

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Mango Practice Management for Accountants: AI Features & Onboarding with Bryan Droznes

Insightful Accountant

In this episode, Gary DeHart interviews Bryan Droznes, General Manager of Mango Practice, to explore how their accounting practice management software is built to solve common challenges faced by small to mid-sized firms.

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HMRC target ESS with new round of nudge letters

Menzies

Menzies LLP - A leading chartered accountancy firm. What is ESS? Electronic Sales Suppression (ESS) is more widely known as till fraud. It is where a business manipulates their till systems to hide or reduce the true value or amount of sales but the data reported looks like a complete and accurate record. ESS is a form of tax fraud and individuals who make ESS systems; use or promote them are all considered to be involved in the fraud.

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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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Solver Releases xFP&A Nonprofit Industry Solution Models to Meet Industry Challenges

Insightful Accountant

Solver uses the power of data to meet operations and business goals, drive data-informed decisions, and accelerate better decisions.

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Still Confused? Does Your 401(k) Plan Still Need an Audit?

LSLCPAs

On February 23, 2023 (wow, time flies!) the U.S. Department of Labor (DOL) Internal Revenue Service, and the Pension Benefit Guaranty Corporation announced changes to the Form 5500 Annual Return/Report of Employee Benefit Plan and Form 5500SF Short Form Annual Return/Report of Small Employee Benefit Plan effective for plan years beginning on or after January.

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Don't overlook estate planning as a financial advisory service

Accounting Today

If you think true financial planning is all about investments and annual returns, think again.

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Deloitte Gets DOGE’d Harder Than Anyone

Going Concern

We’ve been saying for weeks now that Deloitte is going to get especially screwed by President Trump’s hard-on for reducing government spending and some people have mistaken this for us having a hard-on for reducing the Green Dot’s revenue. We’re not bullying Deloitte. We’re focusing on them because this is a website that covers Big 4 more than any other topic and of the Big 4, Deloitte is by far the largest federal contractor.

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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?