Accounting Today

MARCH 24, 2025

With tax season underway, here are the filing statistics, updated weekly.

Tax 109

Tax 109

CTP

MARCH 24, 2025

The Tax Cuts and Jobs Act (TCJA) brought about far-reaching changes in the world of tax law. Though recent conversations have fixated on the soon-to-expire tax provisions, TCJA also introduced permanent changes that tax professionals can lean on to bring tax savings to their clients. One significant benefit to small business owners was the introduction of new rules surrounding the cash method of accounting.

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Tax Account accountant accounted 52

Withum

MARCH 24, 2025

If the development of a real estate property is executed without any complications, the project will begin operations and be placed in service post-production. However, what if unexpected situations delay construction? There may not be material costs, but if a project is funded with loans, interest will continue to accrue. This article takes a closer look at the tax treatment of interest expense during prolonged real estate development.

Real Estate 52

Real Estate Construction Tax CPA 52

CTP

MARCH 24, 2025

When you hear about the Tax Cuts and Jobs Act (TCJA), typically people are speculating about the future of the tax laws that expire this year. What we hear less about are the tax provisions that were made permanentand that could be beneficial to your business. For instance, when you established your business, you selected a method of accounting. If you have a C corporation or a larger business, that decision may have been made for you, since most of these entities are required to use the accrual

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Tax financial statements Account accountant 52

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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.

Finance

Accounting Today

MARCH 24, 2025

The interim final rule removes the requirement under the Corporate Transparency Act for U.S. companies and people to report beneficial ownership information.

Account 118

Account accountant accounted 118

CPA Practice

MARCH 24, 2025

The Public Company Accounting Oversight Board has released a series of three staff presentation videos focused on implementing the monitoring and remediation process under QC 1000,A Firms System of Quality Control.

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auditor Education Account accountant 98

CPA Practice

MARCH 24, 2025

CRM technology, cloud ERP, and analytics and business intelligence (ABI) tools were the top three most valued technologies in the finance function

Finance 94

Finance Technology Account accountant 94

Accounting Today

MARCH 24, 2025

The Public Company Accounting Oversight Board has created three videos from its staff on its quality control standard's monitoring and remediation process.

accounted 94

accounted accountant Account audit 94

CPA Practice

MARCH 24, 2025

The event also featured a panel discussion of C-suite thought leaders, including attorneys and tax advisors, who shared their organizations approach to generative AI tools and applications.

Tax 86

Tax Account accountant accounted 86

Accounting Today

MARCH 24, 2025

All too often, what accountants are selling are services that clients have to endure, says Joe Woodard, not the sort of thing that they really value.

Account 72

Account accountant accounted accounting firms 72

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

Technology

CPA Practice

MARCH 24, 2025

The US LEI fell again in February and continues to point to headwinds ahead, said the Conference Board senior manager.

Account 85

Account accountant accounted 85

Accounting Today

MARCH 24, 2025

GASB released a study on utilization of GAAP among state and local governments and found all the states are using GAAP, but only about three-quarters of localities are.

Government 66

Government accounting standards Account accountant 66

CPA Practice

MARCH 24, 2025

While concerns about data accuracy, security, and privacy persist, survey responses from 500+ business owners and 500+ HR leaders found that the business impact of AI is undeniable 72% of small businesses have a positive outlook on the technology.

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85

Accounting Today

MARCH 24, 2025

ERP solutions provider Acumatica announced the rollout of its R1 release, sporting enhanced AI features as well as more industry-specific solutions.

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Sports payroll tax payroll Tax 59

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Account

CPA Practice

MARCH 24, 2025

The number of tax returns that have been filed with the IRS is down 1.7% compared to this time last year, but the average tax refund amount is up 5.2%, according to the agency's latest 2025 tax season data.

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tax return Tax income tax 76

Insightful Accountant

MARCH 24, 2025

The IRS's recent return-to-office mandate has created significant operational disruptions that may impact tax practitioners' interactions with the agency. Understanding these changes can help tax practice managers better navigate.

Tax 52

Tax 52

CPA Practice

MARCH 24, 2025

A wealth tax could bring states a lot of revenue. But voters dont like it, even though few of them would have to pay.

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Tax income tax 71

Insightful Accountant

MARCH 24, 2025

If you haven't voted for the 2025 ProAdvisor Awards now is the time to cast your ballot for this year's candidates for both U.S. and International award candidates. Voting ends April 1, so don't miss this opportunity to vote for the awards.

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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?

Finance

Inform Accounting

MARCH 24, 2025

Benefits in kind (BIK) are goods and services provided to an employee (or a member of their family or household) for free or at significantly reduced cost. The type of benefit and the way it is provided can affect the tax and NICs to be paid and the reporting requirements.

Tax 52

Tax 52

Insightful Accountant

MARCH 24, 2025

While this is our third trip (of the imagination) for this year, but the first of my 'battlefield' explorations. We will spend the night in Washington, DC and then take a day-long tour of Gettysburg, followed by a tour of Manassas Battlefield Park.

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Sales Washington Tax 52

Wellers Accounting

MARCH 24, 2025

Simon Smith bids farewell to Stuart Crook who is leaving Wellers at the end of March 2025 after 25 years at the firm.

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52

Accounting Today

MARCH 24, 2025

When small CPA shops suddenly end, clients are left to scramble for a replacement and any enterprise value that the owner may have had withers away.

CPA 49

CPA 49

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accounting and finance

RogerRossmeisl

MARCH 24, 2025

On March 21, 2025, the IRS released updated FAQs and guidance that introduce a new process for taxpayers dealing with Employee Retention Tax Credit (ERTC) refunds, particularly when those refunds relate to wages paid in prior tax years like 2020 or 2021. This update aims to simplify reporting requirements and provide clarity for taxpayers who either received ERTC refunds or had their claims disallowed.

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CPA Tax cpa firm business tax 218

Accounting Today

MARCH 24, 2025

The Internal Revenue Service is reportedly getting close to an agreement to share information such as taxpayers' addresses with ICE officials upon request.

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Tax 110

CPA Practice

MARCH 24, 2025

As theSocial Security Administration prepares tomake major changesin how beneficiaries prove their identity, the AARP is iasking the agency to reconsider the plan.

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payroll 85

Withum

MARCH 24, 2025

DIY, Do-It-Yourself. Staples has the Easy button. Home Depot advertises everything you need for do-it-yourself home improvement projects. The HGTV and DIY networks have several shows dedicated to doing things yourself. Just a Google search on DIY returns links to people showing you how to make crafts, build your own computer, etc. However, when it comes to digital forensics, there isnt an easy button or find all evidence button.

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Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

Technology

CPA Practice

MARCH 24, 2025

The interim final rule issued by the Financial Crimes Enforcement Network on March 21 marks the end of an on-again, off-again saga for thousands of small businesses that began in late 2024.

Account 87

Account accountant accounted 87

Accounting Seed

MARCH 24, 2025

A business manager reviews her quarterly product performance report. The data shows that Product A is generating higher margins than Product B. Based on this information, she redirects marketing resources, adjusts purchasing plans, and reallocates staff. Six months later, she realizes someone had been incorrectly categorizing certain costs between the product lines.

accounting principles 59

accounting principles accounting and finance Sales accounting system 59

Withum

MARCH 24, 2025

Hospitality businesses are complex. They often operate in moving parts with large staffs and multiple integrated technologies and systems. AI in the hospitality industry is expected by many to incite a revolution that forces traditional, inefficient practices to be replaced by newer, more efficient ways of doing things. This could be as simple as chatbots that handle hotel guest communications 24/7.

Hospitality 52

Hospitality Technology Real Estate Legal 52

Shay CPA

MARCH 24, 2025

Tech companies in 2025 face a financial landscape shaped by fintech innovation and recent bank failures. The Silicon Valley Bank collapse in 2023 underscored why founders must diversify and protect large cash deposits. Meanwhile, rising interest rates mean idle cash can yield significant returns, driving startups to seek safe yet productive places to park funds.

accounting and finance 52

accounting and finance Finance Spend Management Tools Account 52

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.

Finance