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Lili Launches Lili Connect for Small Business Financial Management

CPA Practice

Lili , a financial platform designed for small business owners, today announced that it is launching Lili Connect,an embedded finance integration that streamlines small business banking, accounting, and tax processes, allowing partners to offer Lili’s comprehensive financial management tools directly through their platform.

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2025 Tax Reform Highlights – What you need to know about the “One Big Beautiful Bill Act”

CapataCPA

The cap returns to $10,000 in 2030 and is subject to phaseouts for higher-income households. No Tax on Litigation Funding A proposed excise tax on third-party litigation financing was ultimately excluded from the final legislation. Institutions with fewer than 3,000 students are exempt.

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How AI is Reshaping the Future of Finance

CPA Practice

The Forrester study, which surveyed 2,339 global SMB finance leaders, underscores AI’s critical role in addressing the persistent talent gap within the accounting industry. The demand for skilled accountants remains high, but AI is proving to be a powerful tool in augmenting human capabilities and streamlining complex workflows.

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The next frontier in accounting: Autonomous AI agents

Accounting Today

Such advanced capabilities are driving rapid growth in the AI agent market, expected to expand from $5 billion today to approximately $47 billion by 2030, according to a study by ResearchAndMarkets.com. And in finance, trust isnt optional — its everything. In finance and accounting, accuracy and accountability are paramount.

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Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses

Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions.

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New GASB Members Named

CPA Practice

Scott currently serves as the director of finance and administration for the city of Brookfield, Wisconsin. His term begins July 1, 2025, and extends through June 30, 2030. This will extend her service through June 30, 2030. The Trustees also announced the reappointment of Dianne E. Ray to a second term on the GASB.

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More winners and losers from the Trump tax bill

Accounting Today

The Senate Finance Committee version changed it a little bit. It specifically excludes electric production, so wind and solar do not qualify here. But lots of clients were still very anxious about this tax, and luckily, it got taken out in light of what we heard was an agreement by the U.S.

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