Accounting Today

FEBRUARY 11, 2025

Hiring freezes at the IRS to a potential end to contingency fees have created a complicated start to the year for accountants and tax pros.

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CPA Practice

FEBRUARY 10, 2025

Since the start of the 2025 tax filing season on Jan. 27, the IRS has issued 3.23 million refunds with an average refund amount of $1,928 as of Jan. 31, the agency said last week.

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Tax income tax 114

Going Concern

FEBRUARY 10, 2025

Um, what is this? The CPA Exam remains broken. Q4 2024 Pass Rates: Core: FAR – 36.80% AUD – 43.50% REG – 60.40% Discipline (Candidates Choose 1): BAR – 33.70% TCP – 72.20% ISC – 56.40% A few thoughts: The consensus on the new exam was FAR would see higher pass rates as difficult material — Dr. Josh McGowan, CPA (@Jmcgowan3838) February 8, 2025 Full text of Dr.

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Insightful Accountant

FEBRUARY 10, 2025

The rise of AI agents is poised to fundamentally reshape how tax firms operate and compete. As autonomous AI systems become more sophisticated, firms must prepare for significant changes.

Tax 52

Tax 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

Accounting Today

FEBRUARY 11, 2025

The latest data on the most common e-filing rejections, how accounting firms are recruiting and retaining top talent, and other major metrics.

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accounting firms accounted Account accountant 76

Shay CPA

FEBRUARY 12, 2025

On the surface, bookkeeping might not seem that complicated. A client or customer pays you money, so you record it on your books on the date it was paid. Right? Wrong. Because of the Financial Accounting Standards Boards (FASBs) Accounting Standards Codification (ASC) 606 , its mandated that companies use whats called revenue recognition. This means only putting something on your books as revenue as youve actually earned the money.

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CPA Practice

FEBRUARY 10, 2025

This years inductees include David R. Bean, Barry C. Melancon, Terry Shevlin, and Mary T. Washington Wylie (1906-2005). The 2025 inductees represent a diverse group of accounting thought leaders, from practice and academia.

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accounted Account accountant Washington 106

Inform Accounting

FEBRUARY 12, 2025

The payment of National Insurance contributions is linked to entitlement to the state pension. If sufficient National Insurance contributions of the right type are paid for a tax year, that year counts as a qualifying year for state pension and benefit purposes.

Tax 52

Tax 52

AccountingDepartment

FEBRUARY 10, 2025

It is that time of the year again, tax season. Many businesses dread this time of the year - it's tough. But thankfully, it's not as tough when you have the unrivaled support of AccountingDepartment.com.

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Tax 59

TaxConnex

FEBRUARY 13, 2025

Online businesses looking to do business on Native American tribal lands in the U.S. should know that sales tax obligations for these sovereign nations and territories resemble those obligations in other areas of the U.S. but can differ in important ways. Areas such as the Navajo Nation have tribal sovereignty; for tax purposes, this means their sales tax laws are separate from the states within which they reside.

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Sales Tax Wisconsin Oklahoma 213

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

BurklandAssociates

FEBRUARY 11, 2025

Avoid payroll pitfallslearn the essential taxes every startup must pay and how to stay compliant with IRS and state regulations. The post Payroll Taxes for Startups: What Do I Have to Pay? appeared first on Burkland.

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payroll tax payroll Tax 147

Accounting Today

FEBRUARY 13, 2025

As the new year's tax season begins, a look back at lessons from the 2024 filing season.

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Tax 124

Acterys

FEBRUARY 11, 2025

When it comes to managing and analyzing your data, staying agile and collaborative is essential. One key enabler for this agility is the ability to write back directly to your data models from within Power BI. Acterys takes this functionality to the next level by allowing users to seamlessly input, update, and manage data in real-time all while working directly in their Power BI dashboards.

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Approval Workflows audit Government B2B 130

CPA Practice

FEBRUARY 12, 2025

The Public Company Accounting Oversight Board on Feb. 11 filed a notice with the SEC to withdraw its new standard on audit firm reporting of standardized firm and engagement metrics for approvala victory for those that opposed the rules, including many of the largest accounting firms in the U.S. and the AICPA.

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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.

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Going Concern

FEBRUARY 13, 2025

Although we haven’t fully decided whether accountants are knowledge workers or manual laborers so long as accountants’ output is predominantly measured in billable hours, this recent paper as reported in 404 Media seems relevant to the sector nonetheless. Emanuel Maiberg writes : A new paper from researchers at Microsoft and Carnegie Mellon University finds that as humans increasingly rely on generative AI in their work, they use less critical thinking, which can result in the deteri

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Accounting Today

FEBRUARY 10, 2025

AICPA & CIMA president and CEO Mark Koziel told a group of accountants that the association is preparing for the possibility of the PCAOB being "rolled up.

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Insightful Accountant

FEBRUARY 10, 2025

All 2025 ProAdvisor Award Applications must be completed no later than this Saturday, February 15, 2025 at 11:59:59 PM Pacific-time.

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CPA Practice

FEBRUARY 10, 2025

The FICPA Leadership Academy is a selective, high-impact program for CPAs age 35 and under who are looking to grow as leaders within their firms and the profession.

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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

Xero

FEBRUARY 12, 2025

“When my debtor workflow is turned off, people stop paying me almost immediately.” This stark observation from Haley Reyners, founder of My Two Cents Accounting Services , highlights a common challenge facing small businesses. For her accounting and advisory firm, which is based in Northland, New Zealand, having over $60,000 tied up in outstanding invoices wasn’t just a number it was a threat to business sustainability. “I’m the same as any other small business own

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Accounting Today

FEBRUARY 14, 2025

Bookkeepers and financial analysts are among the U.S.'s top 15 most in-demand jobs for 2025, according to staffing agency Randstad.

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Withum

FEBRUARY 14, 2025

Withum is proud to share that Ryan Kelly , CPA has been recognized by the Florida Institute of CPAs with a prestigious Horizon award. Ryan, an audit manager in our Orlando office , serves privately owned and publicly traded clients in the Professional Services , Manufacturing, Distribution and Logistics industries. A University of Scranton graduate, Ryan is an active member of the AICPA, FICPA and PICPA.

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cpas Florida CPA Manufacturing 69

CPA Practice

FEBRUARY 11, 2025

The audit regulator on Feb. 11 imposed a permanent bar and a $10,000 fine on audit partner and CPA Heber Maughan for improperly altering workpapers before providing them to PCAOB inspectors in two inspections and to enforcement staff during a related investigation.

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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.

Account

Xero

FEBRUARY 10, 2025

We’re kicking off the new year with some exciting Xero updates designed to address some of the enhancements youve been asking for, and make things more automated to save you time. Keep reading to learn how these enhancements will benefit you and your business. Global: Enhancements to new invoicing [Product Idea ] You’ll love the time-saving enhancements we have made to new invoicing this month.

Tax 69

Tax Sales Government accounted 69

Accounting Today

FEBRUARY 13, 2025

Expect rates to rise and audits to increase as cash-strapped states and localities feel the crunch.

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Sales Tax audit 107

Withum

FEBRUARY 10, 2025

Information overload is a challenge for everyone. Im always excited to check out features that will make my life easier and keep things organized. Microsoft Teams channels have long been a critical way to stay productive, and now Microsoft Teams has made one of the biggest changes to the Teams chat UI in recent memory: a combined layout for both channels and chats.

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Sales Government 64

CPA Practice

FEBRUARY 13, 2025

With cryptocurrency's increase in popularity, the IRS has introduced some complicated reporting requirements to ensure compliance with U.S. tax laws.

Tax 99

Tax 99

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

FraudFiles

FEBRUARY 14, 2025

When there are suspicions of hidden income or secret investments or bank accounts, an analysis of known bank accounts can reveal helpful details. Tracy Coenen explains how bank statements and credit card statements can be used by a forensic accountant in a divorce or child support case.

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forensic accounting accounted Account accountant 52

Accounting Today

FEBRUARY 14, 2025

The American Institute of CPAs and the National Association of State Boards of Accountancy proposed changes in the Uniform Accountancy Act model legislation.

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Withum

FEBRUARY 10, 2025

Starting January 2025, due to Pennsylvania Act 122, most domestic and foreign filing associations registered to do business in Pennsylvania are required to file an Annual Report. This report will replace the prior filing, which is required once every 10 years, to confirm the existence of entities that have not made some other type of filing with the Pennsylvania Corporation Bureau during the preceding 10 years.

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Pennsylvania Non-Profits CPA Education 59

CPA Practice

FEBRUARY 10, 2025

The Columbus, OH-based top 100 firm has acquired Talentcrowd, a referral-based hiring platform also based in Columbus that brings tech talent to top companies and teams, effective Jan. 31.

Ohio 101

Ohio accounting firms Account accountant 101

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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