Sat.Feb 01, 2025 - Fri.Feb 07, 2025

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5 Steps to Protect Your Business from Unexpected Accounting Disruptions

AccountingDepartment

Managing finances effectively is the backbone of any successful business. Even minor accounting disruptions can snowball into significant financial issues for small to medium-sized business (SMB) owners and entrepreneurs.

Account 63
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Growing an Accounting Firm & Tech Tools for Bookkeepers with Sal Rezai

Insightful Accountant

In this episode of the Accounting Insiders Podcast, host Gary DeHart interviews Sal Rezai, founder of Accounting by Sal, about her journey in building a firm that serves service-based SMBs in the U.S. and Canada.

Insiders

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New ways to CPA

Accounting Today

As the profession struggles with its pipeline problem, groups across accounting are targeting one particular hurdle: requirements for licensure.

CPA 111
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Agentic AI: small steps, big aspirations at accounting firms

Accounting Today

Agentic AI is already gathering momentum at accounting firms as leaders anticipate great potential for semi-autonomous bots.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

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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8 Series A Fundraising Mistakes to Avoid

BurklandAssociates

By avoiding these common Series A mistakes, youll improve your odds of securing funding and position your startup for long-term success. The post 8 Series A Fundraising Mistakes to Avoid appeared first on Burkland.

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Taxes to Go Up for Gig Workers: Survey Shows Many Are Unprepared for Lower 1099-K Reporting Threshold

CPA Practice

More than 20% of respondents plan to pay a tax professional for the first time as a result of 1099-K reporting changes and complexity

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More Trending

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Tax rates help drive state-to-state migration

Accounting Today

Americans are moving to states with lower taxes to save money.

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A primer for outsourcing

Accounting Today

New models and best practices are being created for establishing and managing a remote team.

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The Lowdown on Unlocking Business Growth with CFO Support Services

AccountingDepartment

For most small and medium business owners, "financial planning" often means juggling cash flow, managing expenses, and optimizing revenues. However, as businesses grow and evolve, financial management becomes more complex, and strategic decisions become increasingly critical.

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Bipartisan State House Bill Would Create Additional Pathways to CPA Licensure in Illinois

CPA Practice

House Bill 2459, introduced on Feb. 3 by state Reps. Natalie Manley (D) and Amy Elik (R), who are both CPAs, would amend the Illinois Public Accounting Act to create two additional pathways to CPA licensure in the state and enhance CPA practice privilege mobility.

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Building a Business Case for Finance Automation

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 automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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Former IRS Criminal Investigation Senior Special Agent, Jonathan Schnatz, CPA, CFF, Joins Withum

Withum

Withum is excited to announce that Jonathan Schnatz , CPA, CFF, most recently a Senior Special Agent of the Internal Revenue Service (IRS) Criminal Investigation (CI) Division, has joined the firm as a Principal of Withums Forensics, Investigations, and White-Collar Criminal Defense Team. During his 25 years as a federal agent, Jonathan received multiple awards from the U.S.

CPA 105
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State income tax rate changes for 2025

Accounting Today

Nine states are cutting their individual income tax rates in 2025.

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2025 ProAdvisor Awards Application Process Extended 4 Days

Insightful Accountant

Due to recent 'glitches' with the Application forms, the closing date for all 2025 ProAdvisor Award Applications is now February 15, 2025.

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Undergraduate Accounting Enrollment Rose 12% in Fall 2024

CPA Practice

New data from theNational Student Clearinghouse Research Centershows a12% increase in fall 2024 accounting enrollment compared to fall 2023. The increase amounted to an additional 28,672 students.

Account 108
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Fall In Love With the Month-End Close

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.

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Russell Goldberg Honored on 2025 South Florida Business Journal Power Leaders List

Withum

Withum is proud to share that the South Florida Business Journal has honored Russell Goldberg, Partner in Charge of Withums Boca Raton Office , as a 2025 Power Leader in the Professional Services category. The 2025 Power Leaders list celebrates 250 leading executives across the tri-county regions major sectors who have helped grow the regions diverse business market and advance the local economy.

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Illinois lawmakers propose alternative paths to CPA license

Accounting Today

State representatives introduced legislation supported by the Illinois CPA Society to create two more pathways to CPA licensure to ease the pipeline.

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The AICPA Gets Around to Looking Into If This Whole Private Equity Thing Requires New Independence Rules

Going Concern

Two years ago, two years after the first major private equity investment in a top 20 firm kicked off a flood of similar investments in some of the largest non-Big 4 firms in the country, the AICPA formed a task force to “look into issues raised by private equity investors in accounting.” And now the task force is about to solicit public comment on their preliminary conclusions.

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Only 1 in 4 People Feel Confident About Filing Their Taxes, Survey Finds

CPA Practice

From a fear of being audited by the IRS to a lack of familiarity with U.S. tax laws, people across the country have expressed a diverse range of emotions as the April 15 federal income tax deadline looms closer, according to findings from a new Adobe survey.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

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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Signals of the future: What sci-fi movies can teach us about predicting the direction of technology in small business

Xero

I remember watching Back to the Future as a kid and looking forward to the future it predicted. Flying cars! Hoverboards! But here we are, 10 years after the movies timeline, and I still need roads wherever Im going. It turns out that predicting the future is hard. Really hard. Particularly when trying to do so on an accurate timeline. But that doesnt mean we cant spot signals and patterns emerging today that hint at whats to come.

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The 2025 Top New Products

Accounting Today

Audit tools take center stage, even as artificial intelligence remains a priority across accounting technology.

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5 time management tips for accountants and CPAs

ThomsonReuters

In the fast-paced world of accounting and tax preparation, every minute counts. As an accountant or CPA, youre often juggling multiple clients, deadlines, and tasks, which can lead to overwhelming stress and burnout. According to the 2024 State of Tax Professionals Report , time management, meeting deadlines, and timely filing were the second highest set of challenges for survey respondents.

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Avalara Report Shows States Trying to Simplify Sales Taxes, Amping Up Audit Teams, and Increased E-Invoicing

CPA Practice

Key findings in the 2025 Avalara Tax Changes report point to nascent state-by-state efforts to alleviate the burden of tax compliance related to economic nexus laws.

Tax 109
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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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IRS Reform Bill Promises Major Changes

Insightful Accountant

Senate Finance Committee leaders have introduced the Taxpayer Assistance and Service Act, a bipartisan bill that could significantly impact how tax practitioners interact with the IRS and serve their clients.

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RSM grows global revenue to $10B

Accounting Today

RSM International announced its 2024 financial results, reporting 15% growth in global fee income and 11% growth in tax revenues.

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Real Estate Accounting Best Practices: Ensuring Tax Readiness and Financial Success

Withum

Appropriate accounting practices are crucial for real estate entities not only to manage daily operations, but also to ensure tax readiness and compliance. The foundation of effective real estate accounting lies in properly setting up accounting records which can significantly influence tax filings and optimize the financial management of your entities. 3 Best Practices for Real Estate Accounting Heres an in-depth look at best practices for setting up accounting records for real estate entities

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When Should You Challenge a Medical Bill?

CPA Practice

There are a lot of reasons for mistakes in medical billings, which can cause you to incur a bigger-than-expected bill or your insurance to be denied.

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

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Black Entrepreneurs Leverage Tech more than Non-Black Entrepreneurs

Insightful Accountant

Recent Intuit QuickBooks survey shows Black Entrepreneurs are leveraging technology more than their non-Black Entrepreneur counterparts.

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Crowe announces firmwide collaboration with OpenAI

Accounting Today

Under the agreement, Crowe will "deeply adopt" ChatGPT Enterprise.

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Tax Planning Strategies for Car Dealerships: Cost Segregation

Withum

Owning a car dealership can present a golden opportunity to reduce your tax liabilities. One such opportunity is cost segregation , allowing dealerships to speed up depreciation deductions, which can lead to significant tax savings early on. In this article, we’ll break down cost segregation, explain how it works, and show why it’s crucial for improving your cash flow and overall financial bottom line.

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The Institute of Internal Auditors Releases the Cybersecurity Topical Requirement

CPA Practice

The Cybersecurity Topical Requirement provides a baseline approach for internal audit functions when they assess cybersecurity as an audit topic or if cybersecurity is identified as a risk within other audits.

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The Future Of Finance: How To Manage Spend The Right Way

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g