Trending Articles

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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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IRS paints a strong picture from 2024

Accounting Today

The Internal Revenue Service's new Data Book shares a host of positive results from last year.

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AI Startup That Went Bust Was Allegedly Actually Indians and May Have Inflated Revenue Too

Going Concern

Oh no, not this again ! This story is making the rounds today and it’s highly relevant to the audience not just because AI is being shoved down everyone’s throats including accountants’ You’ll see why in a minute. First, the quick story of what’s happening with Builder.ai: The Natasha neural network turned out to be 700 Indian programmers The startup BuilderAI offered to write any application, like in a constructor, by selecting the necessary functions.

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Aprio Acquires Advisory Firm Nextfed

CPA Practice

The Atlanta-based top 30 firm said June 4 it has acquired Nextfed, an Arlington, VA-based strategy consulting and M&A advisory firm with experience in the commercial aerospace, defense, and government services sectors.

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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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3 Keys To Running a Business From Your Skagit County Home More Efficiently

SkagitCountyTaxServices

Payroll day has a way of sneaking up on you. Even when things are running smoothly, theres still that moment of holding your breath Will the software cooperate? Are the numbers right? Is everyone getting paid on time? And if something does go wrong, its on you to stop and figure it out. Fast. If youre using QuickBooks Desktop 2022, you need to know (if you dont already): Intuit officially pulled the plug on it this weekend.

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Recurring Invoices vs. Recurring Payments vs. Autopay

SchoolofBookkeeping

When it comes to automating payments in QuickBooks, it’s easy to get swept up in the promise of “set it and forget it.” But as any experienced accountant or bookkeeper knows, the devil is in the details. Let’s objectively break down recurring invoices, recurring payments , and autopay—what they do, where they shine, what to watch for, and what you’ll pay in fees. 1.

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Progress, long lines and fisticuffs highlight TIGTA report

Accounting Today

The Treasury Inspector General for Tax Administration's latest report to Congress includes successes and failures at the IRS.

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ADP Adds New Resource Center to Give Accountants Strategic Advisory Tools

CPA Practice

Search for: Home About Us Log In Subscribe for Free My Account Log Out Accounting & Auditing Accounting ESG Financial Reporting Nonprofit Small Business Auditing Audit Standards PCAOB SEC Tax Taxes Income Tax IRS Legislation Sales Tax State Local Taxes Tax Planning Payroll Payroll Benefits Human Resources Payroll Software Payroll Taxes Tech Technology Artificial Intelligence Automation Cloud Technology Digital Currency Hardware Security Software Advisory Advisory CAS Financial Planning Risk

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Beyond the Numbers: What It’s Like to Be an Accounting Manager at AccountingDepartment.com

AccountingDepartment

At AccountingDepartment.com, we know that exceptional client service isnt just about clean booksits about empowering our people to do their best work and grow professionally. Thats why our Accounting Manager role is such a critical part of our team structure. This leadership position bridges the gap between our Senior Accountants and Controllers, ensuring that both clients and team members receive the high-level support they need.

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Best Practices for Prompt Engineering in NetSuite AI Applications 

Withum

As NetSuite users continue to explore and integrate artificial intelligence (AI) into their enterprise resource planning (ERP) systems, understanding how to effectively communicate with AI becomes crucial. One key skill in this evolving space is prompt engineering. As NetSuite continues to roll out more AI application updates, its a good time for users to explore prompt engineering in NetSuite and how it can be leveraged in AI applications for NetSuite users.

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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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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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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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Checks are Surging Again and Causing Cash Flow Challenges

CPA Practice

A 2024 AFP survey found that 91% of US businesses still use checks, up from 75% the year before.

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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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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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Managing Pillar Two data using ONESOURCE Tax Provision and Orbitax GMT

ThomsonReuters

Highlights: Pillar Two introduces unprecedented complexity, requiring sophisticated technology software. Orbitax Global Minimum Tax (Orbitax GMT) automates data collection and validation, reducing manual entry errors while ensuring regulatory compliance. Early technology adoption, staff training, and continuous monitoring of regulatory changes are essential for successful Pillar Two implementation.

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

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 Podcasts How WISS Is Transforming Accounting with

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A new era at the IRS after mass layoffs?

Accounting Today

Billy Long's confirmation process to take the helm of the Internal Revenue Service is well underway, running alongside mass layoffs and other regulatory moves.

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Smarsh Unveils Major Platform Innovations, Next-Gen AI and Robust APIs for Smarter Financial Oversight

CPA Practice

Smarsh Capture provides compliance teams with enhanced tools to securely govern Microsoft 365 Copilot and significantly enhance productivity.

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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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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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How Startups Can (and Should) Leverage Economic Development Corporations Without Losing Their Edge

Shay CPA

If youre a tech founder in a city like New York, theres a good chance youve come across a quasi-governmental entity known as an Economic Development Corporation (EDC). The New York City Economic Development Corporation (NYCEDC) is one of the most prominent examples, but youll find similar organizations in cities across the globe. Their mandate is straightforward: stimulate local economic growth by attracting businesses, supporting entrepreneurs, and developing strategic infrastructure projects.

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ADP® Introduces New Resource Center to Empower Accountants

Insightful Accountant

ADP®, a leading global technology company providing human capital management (HCM) solutions, has announced the launch of the Accountant Connect Resource Center, a centralized destination designed to help accounting professionals.

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Accounting is changing, and the world can't wait until 2026

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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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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Paychex Launches New Accountant Portals

CPA Practice

Accountants previously using Paychexs AccountantHQ (AHQ) can now seamlessly access the broad range of functionality of Paychex Flex through an intuitive dashboard with simplified workflows.

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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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C Corporation Basics: Key Advantages, Drawbacks, and Tax Opportunities

Dent Moses

A C corporation is a legal structure for a business that is taxed separately from its owners. This structure offers significant legal protections and is favored by companies planning to reinvest profits or eventually go public. Unlike S corporations or LLCs, a C corp pays corporate income tax on its profits. If dividends are paid, shareholders are typically taxed on them at qualified dividend rates, creating the possibility of double taxation.

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Sage Reveals Vision for Its Agentic AI Era to Boost SMB Productivity

Insightful Accountant

Sage, a leader in accounting, payroll and HR software for small and mid-sized businesses, today announced its vision for artificial intelligence at its flagship event, Sage Future.

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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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IRS releases source code for Direct File

Accounting Today

The IRS has released the vast majority of the code used to develop its Direct File program, theoretically allowing anyone to build their own versions.

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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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Monday Morning Accounting News Brief: Former IRS Chief Goes to Work For Company Raided By the IRS; India Still Hoping to Be Big 5 | 6.9.25

Going Concern

Hey, people. Got some news for you. First, a Reuters story : Crete Professionals Alliance, an accounting platform backed by Thrive Capital, plans to invest over $500 million to acquire U.S.-based accounting firms in the next two years, and equip them with OpenAI-powered artificial intelligence technology to boost efficiency, company executives told Reuters.

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Trump 2025 Tax Bill – Components Unveiled

Dent Moses

On May 22 , the House Republicans passed the One Big Beautiful Bill Act (H.R. 1, also known as the “Bill”). While the Senate committees give their input and changes, time allows us to analyze which expiring Tax Cuts and Jobs Act (TCJA) provisions are extended in the House’s bill and which elements from President Trump’s campaign platform are relevant.

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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.