Trending Articles

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IFRS Publishes Near-Ready Templates for Climate-Related Financial Statements

CPA Practice

The IASB worked with the International Sustainability Standards Board (ISSB) to ensure that these examples work well with the ISSB’s sustainability-related disclosure requirements.

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Tech news: SmartVault plans AI document management tool

Accounting Today

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3 Strategies for Running a Well-Oiled Accounting Firm

Canopy Accounting

There’s no shortage of advice on how to grow an accounting firm, but very few leaders break it down like Jason Blumer. Drawing from decades of experience running his own firm and advising others through his community, Thriveal , Jason’s frameworks are clear, actionable, and grounded in what actually works for service-based businesses.

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One Big Beautiful Bill Act: Changes, challenges and opportunites

ThomsonReuters

Jump to ↓ Key provisions and changes Challenges and opportunities for tax professionals Planning opportunities Key takeaways from the One Big Beautiful Bill Act The One Big Beautiful Bill Act (OBBBA) has brought significant changes to the tax landscape, presenting both challenges and opportunities for tax professionals and their clients. As tax and accounting professionals continue to adapt to these developments, understanding the Act’s key provisions and their implications is crucial for

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How to Streamline Payment Applications & Lien Waivers Through Innovative Construction Technology

Speaker: Dylan Secrest, Founder of Alamo Innovation and Construction Digital Transformation Consultant

Construction payment workflows are notoriously complex when you consider juggling multiple stakeholders, compliance requirements, and evolving project scopes. Delays in approvals or misaligned data between budgets, lien waivers, and pay applications can grind progress to a halt. The good news? It doesn't have to be this way! Join expert Dylan Secrest to discover how leading contractors are turning payment chaos into clarity using digital workflows, integrated systems, and automation strategies.

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How a Reliable Accounting Partner Has Your Back

Basis 365

“I need someone who’ll have my back.” “I really don’t want any surprises.” That’s what I hear on a majority of my discovery and consulting calls. They point to the same worry: that tomorrow’s payroll might bounce, a key metric might be off, or a bank balance might shift without warning. An outsourced, fractional accounting team exists to take those worries off your shoulders so you can focus on product, customers, and team.

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Vulnerability is the new strength for firm leaders

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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How to Get More out of AI Without Compromising Safety, Ethics or Professional Judgement

Accounting Insight

As artificial intelligence (AI) transforms professional services, accounting and audit firms face unprecedented challenges in implementing AI safely and ethically. In May, we ran an expert panel at Accountex London 2025, bringing together leading voices from technology, practice and AI governance to explore critical considerations for firms navigating this complex landscape.

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Retroactive tax law for tips and overtime demands immediate action, payroll expert cautions

ThomsonReuters

The “One Big Beautiful Bill Act” (P.L. 119-21), signed into law on July 4, 2025, introduces two major tax deductions for workers: one for tips and another for overtime pay. While the provisions are designed to boost take-home pay for millions of Americans, they also create new compliance burdens for employers-especially in hospitality, retail, and healthcare.

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Introduction to Section 280G in M&A Transactions

Withum

Key Takeaways Section 280 G’s purpose: §280G/§4999 are designed to limit excessive “golden parachute” payments to top executives in M&A transactions by denying corporate tax deductions for excess parachute payments and imposing a 20% excise tax on executives who receive such payments. Applies to key individuals: The rules apply only to Disqualified Individuals, meaning senior executives, significant shareholders ( e.g. , >1% owners), and other highly compensated individ

Tax 52
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Tech news: Bloomberg announces new features for AI Assistant

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 upgrade everything else. Why not your close process?

You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes? It’s time for an upgrade. SkyStem's Guide to Month-End Close Software walks you through what today’s best tools can do (and what your team shouldn’t have to deal with anymore). Get smart, fast, and a whole lot less stressed when it’s time to close the books.

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Chaser adds automated late fees and early payment discounts to its receivables software to tackle $3 trillion late payment crisis 

Accounting Insight

Chaser, the global leader in accounts receivable automation, has launched new features enabling businesses to automatically enforce payment terms through the application of automated late fees and early payment discounts—powerful new tools that help businesses get paid on time by enforcing payment terms automatically. These tools are designed to improve cash flow, reduce overdue invoices, and ease the manual workload of finance teams.

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Federal implications of the ‘One Big Beautiful Bill’: What’s changing and how to respond

ThomsonReuters

Jump to ↓ How OBBBA is impacting federal tax policy Strategic implications in a shifting political landscape What tax professionals should do now to manage the OBBA impact For tax professionals, the newly signed One Big Beautiful Bill Act (OBBBA) of 2025 has significant impacts for client tax planning and compliance. Signed into law by President Donald Trump on July 4, 2025, this sweeping legislation makes some of the 2017 tax cuts permanent, while introducing a variety of new provisions that ca

Tax 64
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How to Tell If Your Business Is Ready for Outsourced Accounting Services

AccountingDepartment

Running a business means juggling countless responsibilities—and your accounting is one of the most critical. Yet, as companies grow and their finances grow more complex, keeping accounting operations in-house becomes increasingly challenging. That’s when many businesses ask themselves a pivotal question: Are we ready to outsource our accounting? Outsourcing accounting services can offer expertise, scalability, and time savings, but knowing when it’s the right time for your business isn’t always

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How to simplify ecommerce accounting as you scale

Xero

Growing an ecommerce business is incredibly exciting, especially with dynamic new selling platforms emerging constantly. The prospect of more sales and new opportunities is a huge motivator: recent Capital One research shows that Americans spend an estimated $32 million per day shopping on TikTok, and Precedence Research has valued the global social commerce market at USD$1.2 trillion in 2024 (estimated to reach $19.8 trillion by 2034).

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AI In Accounting: A Practical Roadmap For Smarter AP

Speaker: Gerald Ratigan

The accounts payable (AP) function is evolving and AI is leading the charge. As finance teams face rising invoice volumes and expectations for speed and accuracy, AI-powered automation has shifted from a futuristic concept to the most practical solution. But for finance leaders, success isn’t just about selecting the right tools, it’s about implementing the right strategy.

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Intuit Adds AI Agents, Other Enhancements to Intuit Enterprise Suite

CPA Practice

Intuit said July 22 that it has made significant updates to Intuit Enterprise Suite, including the addition of new proactive AI agents, enhanced automation, business intelligence, and financial management capabilities.

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IFRS gives examples of reporting climate uncertainties

Accounting Today

The examples show how companies can improve the reporting of uncertainties in their financial statements using climate-related examples as practical illustrations.

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How CFOs in tech are transforming indirect tax to a strategic asset

ThomsonReuters

As a tax, finance, or IT leader seeking to execute effectively and add strategic value in indirect tax and e-invoicing, you face a uniquely challenging environment. With resource shortages, cloud services, M&A restructuring, real-time taxation requirements and the fluid nature of jurisdictional changes, getting the job done can be near impossible.

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How to Master MTD in 60 Minutes: The Practical Blueprint for Busy Accounting Firms

Accounting Web

HMRC & policy Tags HMRC Income tax Making tax digital

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Stop Budget Burnout: A Better Way to Grow Your Nonprofit in 2026

Speaker: Sean Yoder

Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.

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The connected accountant: why technology is the future of accounting

Accounting Insight

Today, the most successful accountants are proactive advisors, seamlessly integrated into their clients’ businesses. They don’t just record financial data; they analyse it, interpret it, and use it to help businesses grow. This shift has been driven by technology. Cloud accounting, automation, and real-time data access are transforming how accountants work.

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Expensify Expands Multicurrency Options

CPA Practice

The launch includes support for corporate card import from 10,000+ more banks worldwide, multilingual capabilities, Euro-based billing, international reimbursements in New Expensify, and beta access to the Expensify Card.

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How to win back time lost on client communications

Accounting Today

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How the ‘One Big Beautiful Bill’ reshapes SALT planning

ThomsonReuters

J ump to ↓ How the One Big Beautiful Bill is changing SALT policy State conformity and decoupling trends PTET workarounds in a new SALT era Strategic OBBBA implications for SALT professionals Lead SALT planning strategy, powered by technology The One Big Beautiful Bill Act (OBBBA) of 2025 is reshaping state and local tax planning by raising the SALT deduction cap and adding income-based phaseouts.

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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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Succession Planning in an Accountancy Practice: A Practical Guide

Accounting Web

Practice strategy Tags Franchises Retirement Succession planning

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Bringing employment types and new leave units to all New Zealand payroll users

Xero

We’re updating Xero payroll for New Zealand to make it easier for you to manage leave and comply with New Zealand’s Holidays Act requirements. Features that were initially introduced for new Xero users in August 2024 will be rolled out to everyone using Xero payroll in New Zealand later this year. A conversion tool will be available in Xero to help you make the switch.

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Canopy Announces Release of New Client Intake Solution

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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The impact of the SALT cap on state income taxation: What’s next after the One Big Beautiful Bill Act

ThomsonReuters

The state and local tax (SALT) deduction has long been a pillar of the U.S. tax code, providing critical relief to taxpayers — especially those in high-tax states. That changed dramatically with the 2017 Tax Cuts and Jobs Act (TCJA), which imposed a $10,000 cap on SALT deductions. Now, with the passage of the One Big Beautiful Bill Act (OBBBA) in July 2025, the landscape is shifting again.

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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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Penalty & Interest Abatement: How Mike Habib, EA Can Help You Resolve IRS Tax Issues

MyIRSRelief

Dealing with IRS penalties and interest can be one of the most stressful experiences for taxpayers. Whether you’re an individual or a business owner, the accumulation of penalties and interest on unpaid taxes can quickly spiral out of control, leaving you overwhelmed and financially strained. Fortunately, the IRS provides options for penalty and interest abatement under certain circumstances, and retaining the services of a trusted tax representation firm like Mike Habib, EA can make all the dif

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Inside Qount’s Approach to Practice Intelligence with Uday Koorella & Greg Pope

Insightful Accountant

In this episode of the Accounting Insiders Podcast, host Gary DeHart talks with Uday Koorella (Founder & CEO) and Greg Pope (CMO) of Qount, a practice intelligence platform designed for modern accounting firms.

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The Future of Accounting: How Intuit’s AI Innovations Are Reshaping the Profession

CPA Practice

Embracing these and other innovations will allow you to deliver higher-value services, solidify their position as trusted advisors, and ultimately, drive greater success for their clients in an increasingly data-driven world.

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2025 Fastest-Growing Firms: PP&Co. aims for operational excellence

Accounting Today

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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