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Pitfalls of sales tax compliance: returns

TaxConnex

April’s federal Form 1040 probably comes first to mind when anyone thinks about tax returns. As your business starts to sell into more states, though, you’re going to need to file another type of form: states’ sales tax returns. Previously, we looked at the importance of such back-office functions as your general ledger in making sure you stay compliant with sales tax collection from customers (and remittance of the cash to tax jurisdictions).

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RSM announces $1B agentic AI investment

Accounting Today

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HMRC loses £47m as 100,000 accounts hit in phishing fraud

Accounting Web

HMRC has lost £47m to a “sophisticated” fraud after cybercriminals used stolen personal data to access or create tens of thousands of online tax accounts.

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Want a Real Edge? Fix Your Startup Board

BurklandAssociates

Most founders underuse their boards. Here’s how to build a startup board that challenges you, supports you, and helps your company grow. The post Want a Real Edge? Fix Your Startup Board appeared first on Burkland.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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ADP Adds New Resource Center to Give Accountants Strategic Advisory Tools

CPA Practice

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Pitfalls of sales tax compliance: in-house resources

TaxConnex

Many companies don’t think about how to handle sales tax obligations until it’s too late. Previously we looked at how such back-office functions as the general ledger , tax calendar and billing system can cause problems with your sales tax compliance. Is it worth your time to pay attention to all these potential potholes? “It’s just sales tax. It’s just putting a number on a form,” you might say.

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Outsourced Accounting vs. In-House: What’s the Right Move for 2025

AccountingDepartment

Financial management is the backbone of any business, enabling owners to steer toward growth, stability, and long-term success. However, as businesses evolve and financial complexities escalate, choosing the right accounting model becomes a pressing decision. Should you rely on in-house expertise or entrust an outsourced accounting service? With rapid advancements in technology, talent shortages, and the rise of remote work, this decision is even more significant as we approach 2025.

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Tax Takes: CEST update and MTD multiple agents

Accounting Web

This month Giles Mooney of PTP Interactive and Amy Chin, previously tax editor of AccountingWEB, discuss the update to the Check Employment Status

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Financial Cents Launches New Reporting Suite to Help Accounting Firms Operate Smarter and Scale Faster

CPA Practice

These newly launched reports aim to help firm owners drive profitability, allocate resources effectively, and make better-informed business decisions.

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Navigating Graduation Season: Essential Tax Planning for Your Clients' Changing Family Dynamics

Insightful Accountant

Skip to main content Search Learn More About Our Premium Content | Subscribe To Our Newsletters facebook twitter youtube linkedin instagram RSS Accounting Platforms General Ledger Payroll & Merchant Services Vendor Corner APPS Directory Top ProAdvisor Awards Top ProAdvisor Awards People & Business Practice Management APP Academy Tax Practice News Webinars/Events In Person Events Free Webinars Webinar Archives Podcasts Premium Content Home Tax Practice News Navigating Graduation Season: E

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Optimism declines among accountants

Accounting Today

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

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You Might Be Wasting Time and Money On Accounting If.

GrowthForceBlog

8 min read June 9th, 2025 Business owners are tenacious, fast learners and hard workers. They have ideas that turn into dreams, and then they manifest them into reality. Business owners are absolutely capable of doing their own books. But should you do something just because you can? Simply having the ability to do something doesn't automatically make doing it the smartest idea.

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Blast past tax time stress this EOFY: Steps to process and finalise payroll

Xero

The 2025 Financial Year is almost at an end, so there has never been a better time to prepare. A great first step on your EOFY preparation journey is to review your payroll finalisation. Getting a head start on your organisation’s payroll ensures your July is as easy as possible. Not sure where to start? You’ve come to the right place. Whether this is your first payroll finalisation, or your hundredth, blast past your tax time stress by following our handy list of steps. 1.

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Business Executives’ Optimism About U.S. Economy Sinks as Recession Fears Loom, AICPA and CIMA Survey Finds

CPA Practice

The survey polls chief executive officers, chief financial officers, controllers and other CPAs in U.S. companies who hold executive and senior management accounting roles.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Qount: Pioneering the Future of Practice Management with AI-Powered Intelligence

Insightful Accountant

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Accountants expect firms to shrink headcount by 20%

Accounting Today

Fifty-two percent of accountants expect their firms to shrink in headcount by 20% in the next five years, according to a report by the Indiana CPA Society.

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Making Tax Digital: A Wake-Up Call—And Window of Opportunity

Accounting Insight

Technology-embracing firms enjoy nearly two-thirds more revenue growth compared to their competitors, according to a recent report on the future of accounting. With MTD for Income Tax, the UK government’s initiative to digitalise the tax system—approaching its next significant phase, this stark contrast serves as both an urgent signal and a compelling invitation to accounting professionals across Britain.

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Customize Your QBO Reports to Improve Your Bottom Line and Save Time

Ronika Khanna CPA,CA

One of the most powerful features of QuickBooks Online (QBO) is the ability to customize reports. There are a variety of ways in which you can go from a basic financial report to one that gives you insights that can then easily be reviewed or shared with your accountant and/or stakeholders. Perhaps more importantly, the ability to customize your reports can have a direct impact on your bottom line.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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RSM US to Make $1 Billion Investment to Expand AI Strategy

CPA Practice

The top five U.S. accounting firm announced Monday a $1 billion investment over the next three years as part of a significant expansion of its artificial intelligence strategy, with plans to integrate agentic AI platforms across the firm's operations and services.

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How WISS Is Transforming Accounting with AI and Gen Z Talent with Paul Peterson

Insightful Accountant

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CAS accounting and the next generation of accountants

Accounting Today

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

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2025 Tax Reform – “The One Big Beautiful Bill” Simplified

CapataCPA

2025 Tax Reform – “The One Big Beautiful Bill” Simplified As part of a sweeping new proposal making its way through Congress, the “One Big Beautiful Bill” outlines a series of tax changes that could significantly impact both individuals and business owners beginning in Tax Year 2025. At CAPATA, we’ve summarized the key provisions and how they differ from current tax law so you can stay ahead of what’s coming.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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PwC Is Shuffling Deck Chairs on the SS Advisory, Plans to Hire Rather Than Fire

Going Concern

WSJ had some good scoop on PwC yesterday : the firm is shaking things up in consulting. The long and short of it: PricewaterhouseCoopers is overhauling the structure of its U.S. advisory business and hiring for thousands of roles as it sees recovering demand for such services. The firm told workers Tuesday it plans to expand its advisory divisions to eight from four to provide more industry-specific services to companies, effective July 1.

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DMJPS Joins Forces With Potter & Co. in North Carolina

CPA Practice

As of July 1, when the deal goes into effect, top 200 accounting firm DMJPS will have more than 200 employees, 25 partners, and 10 North Carolina office locations.

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Navigating Tax Reform: The Three Statements that Will Help You Sell Tax Plans This Year

CTP

Each new day brings a new headline about upcoming changes to tax law. As Congress weighs major decisions on the renewal of Tax Cuts and Jobs Act (TCJA) provisions and the White House issues new tariffs, tax planners may find themselves scrambling to provide answers and reassurance to their clients. If this is you, consider this your invitation to slow down and take a deep breath.

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Bookkeeping now fully automated, tax compliance not far behind

Accounting Today

A recent report from CPA.com says that semi-autonomous AI bots are already completing bookkeeping workflows start to finish, fully automating the process.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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When “Rip and Replace” Becomes a Habit: How CFOs Can Disrupt (Rather Than Drive) Growth

Shay CPA

The allure of “digital transformation” can be hard to resist—especially when it comes from a seasoned VP of Finance or CFO who wants to show they can make a big impact. Often, the first move is a flashy system overhaul: switching general ledger (G/L) platforms, bringing in new payroll software, or replacing the expense management tool. In theory, it promises to streamline processes, cut costs, and position the company for growth.

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Outstanding government invoices dating back to 2006 exemplify major challenges in financial management, Quadient finds

Accounting Insight

Study of oldest invoices show Government departments owed at least £290K but owe at least £1.7 million UK government departments have been waiting on payment for nearly two decades, despite strict regulations designed to ensure timely payments, new Freedom of Information (FOI) data obtained by Quadient (Euronext Paris: QDT), reveals. The oldest outstanding invoice traces back to March 2006, while the government itself is still to pay invoices from as far back as June 2007 – in both cases pre-dat

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Integra Global Solutions Rolls Out AI Receptionist Solution for Accounting Firms

CPA Practice

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Your Gateway to SALT and International Advisory Services

Insightful Accountant

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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.