CTP

JANUARY 15, 2025

When that IRS audit notice shows up in the mail, many taxpayers’ first reaction is to panic. For well-trained tax planners, however, this can be our moment to shineand to demonstrate to our clients the immense value that we bring to the table. Many taxpayers dont realize that a number of tax returns are chosen randomly for an audit, which means that anyone could win the audit lottery in any given year.

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audit Tax tax return Legal 102

CPA Practice

JANUARY 15, 2025

BDOs commitment marks the firms first national strategic nonprofit collaboration and begins a three-year relationship with BBBSA to invest in future generations and enhance youth well-being.

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Account accountant accounted 132

Accounting Today

JANUARY 15, 2025

Whether you should hang out your shingle as an accountant depends on the answers to a number of questions.

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accounted Account accountant 122

CPA Practice

JANUARY 15, 2025

Employees should also be provided with their copies by this date, so they can make preparations for filing taxes by April 15.

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Tax income tax 122

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

Accounting Today

JANUARY 15, 2025

The Securities and Exchange Commission's chief accountant, Paul Munter, plans to retire from federal service this month.

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Account accounted accountant 105

CPA Practice

JANUARY 15, 2025

The Treasury Department and the IRS on Monday released proposed regulations for corporate separations and reorganizations, as well asreporting requirementsfor multiyear corporate separations and a draft version of new Form 7216.

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CPA Practice

JANUARY 15, 2025

The Treasury Department and the IRS on Jan. 15 published the firstAnnual Tablethat provides greenhouse gas emissions rates for certain types or categories of facilities that are eligible for the Clean Electricity Production Tax Credit and the Clean Electricity Investment Tax Credit.

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Tax 111

Xero

JANUARY 15, 2025

We’re thrilled to share some exciting news! Xero has just been awarded the IDC 2024 SaaS CSAT Award for Finance. Xero placed in the highest scoring group for vendors serving the financial application market. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets.

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Finance accounting and finance bookkeeping Account 75

CPA Practice

JANUARY 15, 2025

In the Beverly Grove neighborhood of Los Angeles, the asking rent for a two-bedroom condo jumped from $5,000 to $8,000 in the wake ofthe fires.

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California 106

AccountingDepartment

JANUARY 15, 2025

When an accounting service provider unexpectedly closes, businesses may find themselves in a rush to retrieve their financial data and maintain operations. The recent closure of a major accounting platform highlights the essential need for businesses to protect their financial information proactively.

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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.

Account

Going Concern

JANUARY 15, 2025

Can you imagine why people at RSM US would think jobs are going to India when they see their colleagues laid off ? It’s a mystery. Anyway, tip we received this PM: RSM US cut a bunch of teams within their risk management function. Impacted teams were conflicts, independence, and enterprise risk management. Chief Risk Officer gave a 5 minute call with no question or answer period.

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audit 69

Menzies

JANUARY 15, 2025

Menzies LLP - A leading chartered accountancy firm. Budget Reforms Fuel Farming Controversy Following the new Labour Governments first budget, Business Property Relief (BPR) and Agricultural Property Relief (APR)reforms to Agricultural Property Relief (APR) and Business Property Relief (BPR) has sparked controversy within the Welsh farming community, fuelling further uncertainty for businesses already navigating uncertain economic conditions.

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Agriculture chartered accountant Government Tax 59

Accounting Today

JANUARY 15, 2025

KLR, a Top 100 Firm based in Boston, has added Sullivan Bille P.C., based in Andover, Massachusetts.

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Massachusetts 59

Menzies

JANUARY 15, 2025

Menzies LLP - A leading chartered accountancy firm. Retention of Title (ROT) iswhere the seller of physical goods attempts to protect itself against non-payment by retaining ownership of those goods until payment is received, even after the goods have been delivered. There are two types of ROT clause: Simple clause The goods supplied under a specific invoice remain the property of the seller until all such goods on the invoice have been paid for.

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Legal chartered accountant accounting firms Account 52

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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.

accounting and finance

Accounting Today

JANUARY 15, 2025

A survey from Wolters Kluwer found that accounting firms are planning major tech investments in 2025.

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Technology Tax accounting firms Account 59

CTP

JANUARY 15, 2025

Just the mention of the word audit can strike fear into a taxpayers heartbut with enough preparation, an audit does not have to be a reason for anxiety. Each year, a number of audits are randomly chosen by the IRS, so the possibility of being audited is unavoidable even if your tax return has been filled out perfectly. So how can taxpayers prepare for this eventuality?

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audit auditor Legal tax return 52

Accounting Today

JANUARY 15, 2025

A recent survey from Wolters Kluwer found that implementation of AI search and productivity tools at firms went from 1% in 2023 to 35% in 2024.

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Technology 59

Shay CPA

JANUARY 15, 2025

As the year comes to a close, you might be thinking about ways to minimize your 2024 tax bill. At any tech company, that means exploring how to maximize your R&D tax credit. Technically called the Credit for Increasing Research Activities , this tax savings opportunity can help companies get as much as $500,000 back. This is an area you dont want to miss out on.

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Tax Technology accounting firms CPA 52

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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.

Technology

Accounting Today

JANUARY 15, 2025

1-800Accountant and LegalZoom teamed up, accounts payable's AI-empowered glow-up, and other tech developments from the past month.

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Technology accounts payable accounted Account 59

SkagitCountyTaxServices

JANUARY 15, 2025

What are your goals for your Skagit County business this year? Im going to assume filing your taxes on time is already on your list. For the financial well-being of your business, that needs to be one of your top priorities right now. And the IRS has just announced: Tax season starts on January 27th. Which makes right now the most crucial time to strategically optimize your tax return.

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E-commerce tax return Tax California 59

Insightful Accountant

JANUARY 15, 2025

North American mineral development company "Atlas Salt" has taken their project, information management and financial efficiency to the next level with Oracle Primavera Cloud, Aconex, and NetSuite.

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NetSuite 52

Ryan Lazanis

JANUARY 15, 2025

Learn how to delegate the right way so you can hand off tasks you dont enjoy, free up your time, and focus on what matters most. The post 5 Steps to Delegate More at Your Firm appeared first on Future Firm.

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Account accountant accounted 52

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.

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Insightful Accountant

JANUARY 15, 2025

Insightful Accountant needs your help updating ProAdvisor preferences for Inventory/Manufacturing Apps working with QuickBooks. Please answer this short survey.

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CPA Practice

JANUARY 15, 2025

Workwize, a platform for global IT hardware asset management, has closed $13 million in Series A funding led by Klass Capital, with continued support from early-stage investors Peak and Graduate Entrepreneur Fund.

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Account accountant accounted 52

Insightful Accountant

JANUARY 15, 2025

Murph takes you through the steps to 'Dimensionalize' your accounting using Intuit Enterprise Suite.

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accounted Account accountant 52

Accounting Today

JANUARY 15, 2025

The International Ethics Standards Board for Accountants plans a standard-setting project on accounting firm culture and governance in response to a new report.

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Government accounting firms Account accounted 52

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?

AP Automation

Insightful Accountant

JANUARY 15, 2025

The Treasury Department and IRS are proposing significant amendments to Circular 230, marking the most substantial changes since 2014. Here's what you need to know.

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tax preparation Tax 52

CPA Practice

JANUARY 15, 2025

The demand for EPM platforms is surging as organizations seek integrated, cloud-native solutions to address budgeting, forecasting, and consolidation challenges with real-time accuracy.

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Ryan Lazanis

JANUARY 15, 2025

Discover the top project management tools for accountants and what makes each one stand out. We also included project management pro tips. The post Project Management for Accountants: The Complete Guide appeared first on Future Firm.

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Account accounted accountant 52

Accounting Today

JANUARY 15, 2025

The American Institute of CPAs updated its aid on accounting for and auditing digital assets in response to changes in accounting standards.

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accounting standards cpas audit Account 52

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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.

Technology