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 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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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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Investigation Finds It Was Deloitte Credentials That Allowed Hackers Into the Rhode Island Benefits System

Going Concern

Oops. Late last year, the state of Rhode Island discovered nefarious individuals had gained access to their state benefits system RI Bridges, a system built and managed by Deloitte. This meant hackers got their hands on the personal information of Rhode Islanders who’d used state programs such as Medicaid, SNAP, Medicaid, health coverage purchased through HealthSource RI, and at-home care services provided by the state, among other things.

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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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Suburban Chicago Accountant Accused in $10M COVID-19 Unemployment Fraud Scheme

CPA Practice

Hiam Hmaidan, 53, ofOak Lawn, IL, was arrestedMay 8on a six-count indictment that became public last week charging her with mail fraud and conspiracy to commit mail fraud. She pleaded not guilty.

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Top 5 priorities for modern tax and accounting firms

ThomsonReuters

Jump to Top 5 priorities for tax and accounting professionals The impact of AI in tax and accounting firms Navigating the future of tax and accounting The landscape of the tax and accounting industry is evolving rapidly, driven by technological advancements and a growing demand for value-added services. According to the 2025 State of Tax Professionals Report by Thomson Reuters Institute , tax, audit, and accounting firms are focusing on several key priorities to stay competitive and meet the ch

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Fastest-growing firms spend double on marketing

Accounting Today

The fastest-growing accounting firms spend twice as much on their marketing budget than all other firms, an AAM study finds.

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Mastering SaaS Bookkeeping: Essential Considerations for Success

Shay CPA

Bookkeeping for Software as a Service (SaaS) companies presents a unique set of challenges and opportunities. Unlike traditional businesses, SaaS companies operate on a subscription-based model, often deal with deferred revenue, and have complex financial metrics that need to be monitored. This blog post explores the special considerations that accountants and bookkeepers must take into account when managing the books for a SaaS company. 1.

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Rightworks Community Serves as a One-Stop Resource Hub for Accounting and Tax Professionals

CPA Practice

Rightworks' online platform offers accounting and tax professionals the latest tools, insights, and actionable strategies from some of the professions most trusted advisors to help drive progress and inspire future-forward firms.

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MTD awareness gap signals opportunity for accountants

Accounting Insight

IRIS Software Group research reveals half a million sole traders want to hear from their accountants on forthcoming MTD requirements. Almost half of UK sole traders at risk of non-compliance, feeling unprepared for income tax changes due April 2026. Low awareness highlights a timely opportunity for accountants to support existing clients and win new business.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But 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. 🗻 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. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Coming soon: ONESOURCE Pagero and Oracle Fusion Cloud ERP e-invoicing solution

ThomsonReuters

As global regulatory requirements for electronic invoicing (e-invoicing) become more stringent, international companies are feeling the pressure to keep up. Europe, in particular, is advancing with initiatives like the value-added tax (VAT) in the digital age (ViDA) , which aims to modernize VAT systems to align with the digital economy. This is part of a broader trend where regions like Latin America and emerging markets are mandating businesses to send and receive e-invoices that meet evolving

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By the numbers: Class actions, SEC audit clients and more

Accounting Today

The latest data on new SEC audit client engagements for 2024 and the number of accounting-related securities class actions.

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Authenticity: The Key to Successful Content Marketing

Ryan Lazanis

In todays AI-heavy world, authenticity is the new currency in content marketing. Discover how being real builds trust and audience. The post Authenticity: The Key to Successful Content Marketing appeared first on Future Firm.

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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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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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Smarter Supply Chain Sourcing for Handling Tariffs in Your Skagit County Business

SkagitCountyTaxServices

Feeling the strain of tightening things up and trying to stay one step ahead of whatevers coming next? Youre in good company because this kind of pressure isnt new. Sam Walton didnt have deep pockets or a fancy MBA. But he did have a knack for thinking a few steps ahead. Instead of throwing up his hands when things got expensive, he got creative. He started cutting deals directly with suppliers, trimming operational fluff, and figuring out how to keep shelves stocked and prices low without goin

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Art of Accounting: Succeeding by being imaginative

Accounting Today

Firms can benefit when more partners have an administrative assistant to help with their work.

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Quadient and Nuvei Sign New Partnership to Enhance Cloud Payment Capabilities for Businesses Globally

Accounting Insight

Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, and Nuvei , a leading global payments company, today announced a strategic technology partnership to enhance cloud payment capabilities for businesses globally. Through this partnership, Nuveis advanced payment processing technology is now integrated into Quadients cloud-based Accounts Receivable (AR) and Accounts Payable (AP) automation solutions, providing businesses of all sizes

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Philadelphia-Area Accountant Pleads to Filing Nearly $220,000 in False Tax Reports

CPA Practice

James J. Sirleaf, 65, of Darby, PA, pleaded guilty to 15 counts of aiding and assisting in the preparation of false income tax returns and three counts of filing false personal income tax returns for himself.

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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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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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Today's QB Talks: How Qvinci Can Bolster Your Advisory Business

Insightful Accountant

The last three weeks we've told you why today's QB Talks might change the way you provide consulting services.

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Tax Fraud Blotter: Wholesale fraud

Accounting Today

Book'im; out of Service; what a pill; and other highlights of recent tax cases.

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CT and AccountsIQ announce alliance to drive digital transformation for UK businesses

Accounting Insight

New alliance leverages award-winning finance technology and strategic consultancy to enhance efficiency, sustainability and visibility for finance teams Accountant and business adviser, CT , has announced a new strategic partnership between its CT: Evolve team and advanced finance software provider, AccountsIQ. Through the new alliance, the two partners will work collaboratively with clients that can be best supported through AccountsIQs award-winning platform, delivering powerful insights and a

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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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New AI Tax System Integrates with Existing Systems and Workflows to Automate Tax Preparation

CPA Practice

Filed automates the complete lifecycle of a tax returnfrom structuring diverse client documents to validating returns and proactively flagging anomalies based on firm-defined rules.

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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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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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ISACA offers AI audit credential

Accounting Today

IT auditors who know a lot about AI can now show it through a new certification, as the ISACA now offers an AAIA, or "Advanced in AI Audit," credential.

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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.

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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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ISACA Launches Advanced AI Audit Certification

CPA Practice

The new credential is designed to meet the needs of IT auditors who are facing an evolving tech and compliance landscape with artificial intelligence at the forefront, the ISACA says.

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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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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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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.