Thu.Mar 13, 2025

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Future-proofing your firm: scalable, secure, and compliant IT solutions

Accounting Today

The accounting world isn't static. Tax laws, client expectations, and technology change rapidly. Firms that rely on outdated IT systems will struggle to keep up.

Tax 52
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Top Reasons Businesses Are Changing Their Sales Tax Processes in 2025

TaxConnex

The sales tax landscape is constantly evolving, and businesses must adapt to keep pace. But tax laws aren't the only things changingbusinesses themselves are growing, diversifying, and seeking new ways to streamline their operations. According to our latest survey of over 100 finance professionals, 85% of businesses are at least somewhat likely to adjust how they manage sales tax in 2025, with 47% being very likely to make changes.

Sales 147
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The SEC Cooled It on Enforcements But Hit a New High on Monetary Penalties Last Year

Going Concern

Cornerstone Research has put out their SEC Accounting and Auditing Enforcement ActivityYear in Review: FY 2024 report [ PDF ] and then they put out a press release highlighting the important parts so we don’t have to spend all day reading it. Cheers. The U.S. Securities and Exchange Commission (SEC) drastically reduced its accounting and auditing enforcement activity in fiscal year 2024, the final year of Gary Gensler’s administration, ending two consecutive years of annual increases

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Unlocking Value in Mergers & Acquisitions: Excellence in Synergy Execution

Withum

In part one of our Unlocking Value in M&A series, we discussed how achieving synergies begins with identifying and classifying synergies, whether they manifest as cost savings through operational efficiencies or revenue growth from market expansion and cross-selling opportunities. A clear understanding of these synergies allows organizations to set realistic goals, prioritize initiatives, and align resources to focus on high-impact opportunities.

Sales 52
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The Silent Crisis: Why Finance Lags in Digital Transformation and How to 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?

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When Should You Consider Outsourced CFO Services?

Summit CPA

When is the best time to fix the leak in your roof? Before the storm shows up, right? The same is true of your business. Your business needs a Chief Financial Officer before the figurative storm. And to check for that incoming bad weather, you need an accurate forecast. This is exactly what an outsourced CFO service (or a virtual CFO ) provides for your business.

CPA 52
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Case Study: A Not-for-Profit’s Success Story of Strengthening Impact through Enterprise Risk Management

Withum

How a Not-for-Profit Organization Aligned Risk Strategy with its Mission for Greater Impact. Executive Summary A global not-for-profit organization dedicated to advancing philanthropy and social impact recognized the need to enhance its Enterprise Risk Management (ERM) framework to support its global expansion and long-term sustainability. The organization aimed to strengthen risk oversight, improve governance and reinforce stakeholder confidence to meet growing donor expectations and regulatory

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BGL delivers seamless company formation in CAS 360

Accounting Insight

CAS 360 is a comprehensive company secretarial and AML management software that allows clients to electronically prepare and file company registration forms with Companies House while generating supporting documents to meet legislative requirements. The software streamlines compliance by automating the preparation of forms, minutes, resolutions, registers, and documents required for the Annual Confirmation Statement and common company changes.

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Top Remote Tax and Accounting Candidates of the Week | March 13, 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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By the numbers: Future accountants, new state tax rates

Accounting Today

The latest data on the number of students studying accounting, new state tax rates for 2025 and other major metrics.

Tax 72
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Intuit QuickBooks Offers Two New Options for Fast, Secure Payments

CPA Practice

Theres no better feeling than getting paid quickly and seeing the money in a snap. Intuit introduces Tap to Pay and Recurring Payments features for iPhone users.

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New Software & You: Elevating Your Tech Stack

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!

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From Startups to Enterprises: Custom CFO Support Services for Your Business

AccountingDepartment

In the constantly changing world of business, a single approach seldom suits everyone. This is especially applicable to financial management. Whether you're an emerging startup or a well-established company, maintaining a strong understanding of your finances is essential.

Finance 62
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The power of public criticism

Accounting Today

Nvidia offers lessons for CPA firm leaders.

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Advisor Alliance: ApprovalMax

Insightful Accountant

Murph takes a look at the ApprovalMax Partner Program in this edition of Advisor Alliance.

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Online Tax Advice Can Lead to IRS Trouble and Criminal Charges

CPA Practice

TheIRShas long warnedtaxpayersof scams targeting them and their personal and financial data, particularly aroundtax season.

Tax 52
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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

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.

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Tax Fraud Blotter: Class dismissed

Accounting Today

Family plot; past and present; fat chance; and other highlights of recent tax cases.

Tax 52
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Tax-Related Scams Set to Increase as April 15 Filing Deadline Nears

CPA Practice

If the last month before Tax Day this year is anything like the last few weeks of tax season 2024, expect a significant surge in tax-related scams as cybercriminals try to exploit unsuspecting taxpayers, warns security software company DNSFilter.

Tax 52
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IFAC revises accounting education standards for sustainability reporting

Accounting Today

The International Federation of Accountants finalized revisions to International Education Standards to embed sustainability throughout training of accountants.

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PCAOB Releases New Resource for Auditors on Form AP

CPA Practice

The Public Company Accounting Oversight Board posted the newest edition of its "Audit Focus" series, this time putting the spotlight on Form AP, which registered accounting firms are required to file to disclose key information specific to the audit.

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

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.

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Remote accounting jobs decline amid in-office push

Accounting Today

Accounting jobs that allow employees to work remotely may be disappearing as more employers demand people return to the office.

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LeaseCrunch to Host Webinar on Financial Due Diligence in M&A

CPA Practice

The webcast will share practical strategies for streamlining financial due diligence workflows, especially through automation.

Account 52
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Canopy testing Questionnaire, Document Automation, Email Summaries features

Accounting Today

Accounting practice management solution provider Canopy previewed three new products that are currently in beta testing, as well as announced new hires.

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IRS Says Time is Running Out to Claim 2021 Tax Refunds

CPA Practice

The IRS estimates that more than 1 million people across the country may have unclaimed tax refunds from tax year 2021, and they have untilApril 15to submit their federal return.

Tax 52
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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

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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PCAOB offers guidance on Form AP

Accounting Today

The Public Company Accounting Oversight Board staff released a new publication aimed at helping firms complete Form AP.

Account 52
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Using the VAT flat rate scheme

Inform Accounting

The VAT flat rate scheme is a simplified flat rate scheme which can be used by smaller businesses to save work. Under the scheme, businesses pay a set percentage of their VAT inclusive turnover to HMRC rather than the difference between the VAT that they charge and the VAT they suffer on the goods and services that they buy.

Tax 52
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There's an accountant shortage, but will 150-hour alternatives fix it?

Accounting Today

We must consider alternatives to the 150-hour rule to improve the accountant talent pipeline.

Account 52
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Florida Sheriff’s Deputies Get Light Sentence for $41,000 PPP Scam

CPA Practice

A federal judge on Wednesday gave the Wades strikingly lenient sentences: three years of probation for Carolyn, including 90 days of home confinement, and 90 days of prison time.

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

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.

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Trump's CMS pick Oz paid no Medicare taxes in 2023, memo says

Accounting Today

Mehmet Oz, Trump's nominee to lead the Centers for Medicare and Medicaid Services, may have "significantly" underpaid Social Security and Medicare taxes.

Tax 52
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Review of Zoho’s Platform for Finance and Ops – The Accounting Technology Lab Podcast – March 2025

CPA Practice

In this video and podcast, Randy Johnston and Brian Tankersley, CPA, review Zoho's platform for finance and operations in their roundup of AI systems for accounting firms.

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Navigating Form 6765: What CPAs Must Know for R&D Tax Compliance

CPA Practice

By staying ahead of the recent changes the IRS made to Form 6765, accountants and other tax professionals can help businesses maximize their R&D credits while minimizing the risk of IRS audits and compliance issues.

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U.S. Jobless Claims Edge Down to Near Pre-Pandemic Levels

CPA Practice

Initial claims decreased by 2,000 to 220,000 in the week endedMarch 8, remaining roughly in line with pre-COVID levels.

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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.