Trending Articles

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IRS leveraging AI for audits amid layoffs

Accounting Today

The Internal Revenue Service is expected to lean more heavily on artificial intelligence technology to select cases as it carries out widespread layoffs.

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AICPA Bigwig Says Go Ahead and Get ‘CPA’ Tattooed on Your Forehead, You Earned It

Going Concern

*In case it isn’t abundantly clear, she didn’t actually tell you to get CPA tattooed on your forehead as that would be ridiculous. Obviously. Susan S. Coffey, CPA, CGMA, CEOPublic Accounting at the Association of International Certified Professional Accountants has penned a little something for Journal of Accountancy worth our full attention.

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Clothing taxation – and major exemptions

TaxConnex

Sales tax rules on clothing are some of the most complex nationwide, as a patchwork of states offer complete exemptions, no exemptions and everything in-between for specific types of clothing. One size sure doesnt fit all. Worn by humans Almost all states with a statewide sales tax treat sales tax on clothing differently, and a few states dont levy a statewide sales tax it at all (including, of course, the NOMAD states).

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A Complete Post-Tax Season Guide for Tax Professionals: Prepare for Next Year

Ace Cloud Hosting

April isnt the finish line for CPAs and tax preparers; its a turning point. The long hours, late nights, and pressure of tax season leave many accountants physically and emotionally.

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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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Constant Contact and Xero Collaborate for Small Businesses

CPA Practice

This collaboration fuels small business growth by providing an automated workflow between digital marketing and accounting systems thereby saving time and streamlining operations.

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Maximizing Profitability: A Comprehensive Guide to Job Costing

AccountingDepartment

Understanding exactly how much each job or project costs your business is essential for maximizing profitability. However, many business owners struggle to track costs accurately, leading to mispriced jobs and unexpected expenses later on. This is where job costing comes into play.

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AICPA Warns Practitioners About Beautiful Bill

Insightful Accountant

The tax landscape for pass-through entities is facing significant changes under the proposed "One Big Beautiful Bill" approved by Congress this week.

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EY Report Shows Lagging Investor Confidence as Digital Assets Surge, Unprecedented Wealth Transfer Challenges

CPA Practice

Half of investor respondents (50%) feel underprepared for the transition of wealth across generations, with 45% of survey respondents stating that planning for wealth transfer is become more challenging.

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2025 Xero US Roadshow: What You Need to Know

Xero

The 2025 Xero US Roadshow is set to deliver a day packed with innovation, networking, and inspiration. Let’s explore what’s on the agenda and why you should care. Spotlighting Innovation: AI and Advisory Services The accounting industry isn’t what it used to be; it’s smarter, faster, and more efficient, thanks to AI and advisory services.

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How to Built a Future-Proof Tech Stack For Your CPA Firm

Canopy Accounting

Keeping up with technologys evolution is easier said than done. However, when you future-proof your accounting firm's tech stack, you stay competitive while giving your team some breathing room. While classic spreadsheets will never go out of style, they require a lot of manual input and have difficulty keeping pace with your clients and employees needs.

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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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The 20 counties where taxpayers netted the highest capital gains

Accounting Today

Areas around Jackson Hole, Aspen, Palm Beach, Miami, New York, Dallas and Austin are in the group. Other top performers may come as more of a surprise.

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From State Trooper to “Cash Flow Mike”: Business Coaching with Impact with Mike Milan

Insightful Accountant

In this special GrowCon 2025 edition of the Accounting Insiders Podcast, host Gary DeHart sits down with Mike Milanbetter known as "Cash Flow Mike"to discuss his transformation from state trooper to entrepreneur, author, and small business coach.

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AI Hesitation Can Cost Firms – Here’s How to Catch Up

CPA Practice

When it comes to AI, waiting isnt neutral. Its a decision. Firms that continue to hold back arent just standing still. Theyre actively falling behind while others build.

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Introducing Pay by Bank for UK Small businesses: More payment options, healthier cash flow

Xero

Late payments pose a significant hurdle for small businesses, frequently disrupting cash flow and complicating the management of daily operations. Recognising this challenge, we’re dedicated to helping you receive payments more efficiently by expanding your payment options. Building on our existing support for credit cards, debit cards, Apple Pay, and Google Pay, we’re excited to announce the addition of Pay by Bank.

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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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The Only Bookkeeping Client Onboarding Checklist You’ll Need

Ryan Lazanis

Get your new bookkeeping clients up to speed fast. Use this free onboarding checklist to start strong and stay on track. The post The Only Bookkeeping Client Onboarding Checklist Youll Need appeared first on Future Firm.

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To succeed at succession, ask yourself these hard questions

Accounting Today

Firm owners looking at succession must look at future state needs, not just current ones.

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Accenture Is Finally Handing Out Raises, Including 15,000 in India

Going Concern

Bloomberg reported yesterday that they’ve seen internal memos showing Accenture will get around to promoting nearly 50,000 people globally — about 6% of the total workforce of around 801,000 — “as the company tries to boost morale after a six-month delay to weather a slump in demand for consulting services.” Staff found out on Tuesday.

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Acumatica Set to Be Acquired By Vista Equity Partners

CPA Practice

The Washington-based ERP provider said on May 29 it has signed an agreement to be acquired by Vista Equity Partners, the global investment firm that purchased Avalara in 2022.

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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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Half of Australians fear making a mistake on their tax return this year

Xero

If the thought of lodging your tax return makes your palms sweaty and you find yourself procrastinating to avoid the inevitable, youre not alone. Xeros latest research has found nearly three quarters of Australians are worried or anxious about tax time this year. This end of financial year (EOFY), we wanted to uncover the universal challenges that Aussies face and common knowledge gaps when it comes to tax time, and provide easy-to-understand information to reduce confusion and anxiety at this t

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How the Cost-to-Cost Method Improves Profitability in Construction Projects

LSLCPAs

In construction, its not just the concrete that holds things togetherits cost control. Managing expenses isnt just a line item; its the backbone of a construction firms financial health and long-term profitability. The process of cost management requires the following: In-depth tracking Planning Cost controls from project initiation to completion By managing costs effectively, construction.

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Acumatica acquired by Vista

Accounting Today

The cloud ERP provider has been acquired by a private equity firm that specializes in enterprise software, data and technology-enabled businesses.

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Friday Financial News: Airwallex Raises $300 Million Series F to Build Global Banking Future

Insightful Accountant

Airwallex, a leading global payments and financial platform for modern businesses, has completed a $300 million Series F funding round at a valuation of $6.2 billion.

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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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June 27 CPE Webcast: The Most Important Supply for Tax Pros Isn’t Found On Shelves

CPA Practice

Tax and accounting professionals are leveraging new technologies to make their firms more efficient and to stay ahead of competitors. In this webinar, well show you how. From automated return package assembly and delivery that takes less than four minutes to send, to AI-powered intake that saves the countless hours necessary to manually handle document request lists and client material organization, and moredigital solutions that consolidate tech stacks are helping firms spend more resources on

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You Can’t Afford to Miss Payroll: How Growing Teams Keep Cash in Check

Basis 365

When your company is growing (more sales, more hires, more expenses) the margin for error in your cash flow shrinks fast. One unexpected delay in receivables or a surprise cost can throw your entire payroll off balance. But heres the good news: this doesnt have to be your reality. With the right tools, the right rhythm, and the right support system, you can build a financial operation that catches these issues early so you have time to react.

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Introducing Thomson Reuters ONESOURCE: The world’s most powerful and reliable tax management solution

ThomsonReuters

What is Thomson Reuters ONESOURCE? Thomson Reuters ONESOURCE is a state-of-the-art tax platform that provides everything corporate tax departments and IT personnel need to manage indirect and direct tax calculations, reporting, and compliance. Used by companies worldwide, ONESOURCE operates at the intersection of commerce and trade, allowing companies to conduct business without being bogged down by technical drama and busy work.

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BDO's Berson to retire in 2026

Accounting Today

BDO USA's CEO Wayne Berson will retire effective June 30, 2026, and national managing principal of tax Matthew Becker has been tapped to succeed him.

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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.

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From Mary Kay to Value Pricing: Debra Kilsheimer’s Bold Pivot in Accounting

Insightful Accountant

In this episode of the Accounting Insiders Podcast, host Gary DeHart speaks with Debra Kilsheimer of Behind the Scenes Financials Inc., who shares her inspiring and unconventional journey through the world of accounting.

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Plaid Launches Transactions for Business: Powering Real-Time Business Tools

CPA Practice

Companies like Brex, Bluevine, and Wave are already using Plaid's existing Transactions product to deliver real-time spend tracking, smarter capital access, and automated bookkeeping to businesses.

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Top Remote Tax and Accounting Candidates of the Week | May 22, 2025

Going Concern

Struggling to Find Remote Accounting Talent? Weve Got You Covered. If your firm or internal team is having a tough time sourcing qualified remote tax and accounting professionals, you’re not aloneand you’re not out of options. Accountingflys Always-On Recruiting gives you immediate access to a curated pool of top remote candidates with no upfront cost.

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Simplify e-invoicing compliance with ONESOURCE Pagero and Oracle ERP

ThomsonReuters

Tax authorities worldwide are driving significant changes in digital tax compliance through the implementation of e-invoicing and digital reporting mandates. As a result, multinational businesses are struggling to keep pace with the ever-changing e-invoicing regulations across various jurisdictions. In response, Thomson Reuters ONESOURCE Pagero and Oracle Cloud ERP have joined forces to deliver the first embedded, e-invoicing solution specifically for Oracle Fusion Cloud customers.

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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.