ThomsonReuters

DECEMBER 10, 2024

Jump to Overview of the recent halting Implications for tax and accounting professionals What’s next? However, a recent court ruling has temporarily halted these reporting requirements, creating uncertainty for tax and accounting professionals who must guide their clients through this evolving regulatory landscape.

Tax 98

Tax Account accounted accountant 98

CPA Practice

JUNE 5, 2025

Today, the firm’s team of over 85 professionals delivers comprehensive services including audit, tax, business advisory, business valuation, fraud and forensic accounting, outsourced accounting, and wealth management consulting.

Texas 109

Texas accounting firms Technology Account 109

ThomsonReuters

FEBRUARY 4, 2025

Jump to Key areas where AI enhances tax services in large firms Barriers to AI adoption in large firms and overcoming them Embrace AI in your large firm for a competitive edge The tax and accounting industry is on the brink of a significant transformation, driven by the integration of artificial intelligence (AI) and generative AI (GenAI).

accounting firms 98

accounting firms Tax Account accounted 98

RogerRossmeisl

MARCH 3, 2025

Qualified tuition programs or 529 plans A 529 plan allows you to buy tuition credits or contribute to an account set up to meet your childs future higher education expenses. State governments or private institutions establish 529 plans. Contributions arent deductible.

Tax 245

Tax Education CPA Government 245

Going Concern

OCTOBER 21, 2024

People familiar with the matter told the Financial Times the UK firm had introduced the new grade to hold on to a key layer of senior accountants and consultants and to bring in external hires with higher salaries. For the Defense Department to pass its audit, it must account for more than dollars. forces dominant.

Account 59

Account accounted accountant South Dakota 59

CPA Practice

DECEMBER 6, 2024

Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab, sponsored by CPA practice advisor, with your hosts, Randy Johnston and Brian Tankersley. Randy Johnston 00:10 welcome to the accounting Technology Lab. And so its a its good that theyve got the APIs and everything in here. Is it perfect yet? Sure, its not.

Technology 98

Technology Account accounted accountant 98

Accounting Today

JUNE 23, 2025

The Governmental Accounting Standards Board is juggling a variety of projects to improve accounting for state and local governments as they come under pressure from the threat of reduced funding from the federal government. "If All rights reserved. But in todays environment, its at least something they have to consider."

accounting standards 101

accounting standards Government Technology audit 101

AccountingDepartment

JULY 10, 2025

Navigating the complex world of government contracting often means adhering to stringent requirements, especially when it comes to accounting practices. For government contractors, being DCAA-compliant (Defense Contract Audit Agency) is not just a recommendation—it’s a necessity.

Government 64

Government audit Account accountant 64

Going Concern

OCTOBER 10, 2024

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate 59

Real Estate Account accounted accountant 59

Accounting Seed

MAY 28, 2025

To be a successful government contractor, your business processes need to be Defense Contract Audit Agency (DCAA) compliant. Successfully completing a DCAA audit ensures the legality of your operation and helps you continue acquiring government contracts. All of this requires highly flexible and automated accounting software.

accounting software 52

accounting software Account accounted accountant 52

inDinero Tax Tips

JANUARY 1, 2025

When youre building a tech startup, accounting probably doesnt feel very exciting. In this article, well explore the essentials of tech startup accounting, including best practices, common mistakes, and the accounting software we think will make your life easier. Whats Unique About Tech Startup Accounting?

accrual accounting 59

accrual accounting Account accounted accountant 59

Withum

OCTOBER 23, 2024

One such strategy is outsourcing your accounting function to experts who can navigate these challenges and help optimize financial operations. Understanding Uncontrollable Costs Uncontrollable costs in real estate include: Property Taxes : Local governments and municipalities determine property tax rates based on property assessments.

Real Estate 52

Real Estate Account accounted accountant 52

Accounting Insight

MAY 21, 2025

IRIS Software Group research reveals half a million sole traders want to hear from their accountants on forthcoming MTD requirements. Low awareness highlights a timely opportunity for accountants to support existing clients and win new business. Nearly a third (29%) of respondents said their taxes were already handled by an accountant.

Account 52

Account accounted accountant income tax 52

Going Concern

JUNE 30, 2025

State lawmakers in Pennsylvania and Delaware each voted on Thursday to pass their respective CPA pathways legislation, joining a growing number of states enacting new laws to provide alternative routes to obtaining a certified public accounting license and ease the accounting shortage. And this was prevalent across government.

Account 103

Account accountant accounted Technology 103

Going Concern

NOVEMBER 8, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Others work 50 hours per week and some even as low as 30 hours, MP Kemper Rojas says. “It

Florida 98

Florida Mississippi audit auditor 98

Xero

DECEMBER 10, 2024

With the Malaysian government’s push towards a digital economy, small and medium enterprises (SMEs) must adapt to new requirements. The National E-invoicing Initiative is a government-led project designed to implement a nationwide electronic invoicing (e-invoicing) system. What is the National E-invoicing Initiative?

accounting and finance 98

accounting and finance Finance Government Legal 98

CPA Practice

NOVEMBER 19, 2024

For example, an AI system trained primarily on large corporate data might incorrectly flag normal seasonal fluctuations in small retail businesses as high-risk transactions, or overlook industry-specific accounting practices in niche sectors. Create audit trails that make decision-making transparent and accountable. What’s next?

auditor 52

auditor audit Technology CPA 52

CPA Practice

OCTOBER 31, 2024

Businesses also are adopting various methods to manage sales tax compliance, with 56% using specialized software and tools, 40% relying on in-house accounting teams, 32% handling it manually, and 31% outsourcing to accounting firms, according to Avalara. The survey, which was conducted from Oct.

Sales 116

Sales Tax accounting and finance bookkeeping 116

Withum

JANUARY 30, 2025

AICPA Audits are for the audit of private companies, not-for-profit organizations, and smaller government entities. These audits are governed by Generally Accepted Auditing Standards (GAAS) and focus on the accuracy of financial statements. PCAOB Audits are required for publicly traded companies and entities registered with the SEC.

audit 100

audit financial statements auditor accounting principles 100

Accounting Insight

JUNE 6, 2025

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.

Government 52

Government Technology accounts payable accounting and finance 52

Going Concern

DECEMBER 20, 2024

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate 52

Real Estate Account accounted accountant 52

MyIRSRelief

JULY 11, 2025

While both are tools used by the government to ensure the collection of unpaid taxes, they serve very different purposes and have distinct implications for taxpayers. A lien is the government’s legal claim against your property when you fail to pay a tax debt. How Does a Lien Work?

Real Estate 130

Real Estate Legal Tax accounting and finance 130

Going Concern

OCTOBER 17, 2024

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate 64

Real Estate Account accounted accountant 64

Going Concern

OCTOBER 24, 2024

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate 59

Real Estate Account accounted accountant 59

Going Concern

DECEMBER 20, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. We believe accounting is among the most important and foundationaland might happen the fastest.

Rhode Island 52

Rhode Island Account accounted accountant 52

CTP

OCTOBER 28, 2024

Administrative & Financial Support Moving into the realm of finances, a family office may handle bookkeeping, legal and estate planning oversight, cash flow management, financial advice, insurance management, accounting and tax filing oversight, and charitable giving management.

Tax 105

Tax Government Real Estate payroll tax 105

ThomsonReuters

NOVEMBER 25, 2024

In 2025, the European Union’s Corporate Sustainability Reporting Directive (CSRD) goes into effect—legislation that includes a long list of compulsory disclosure requirements related to corporate governance and sustainability. What is ESG due diligence?

Government 99

Government Non-Profits Legal California 99

CPA Practice

DECEMBER 2, 2024

government operate more proficiently. The study is an accounting of the cost of in-person audits carried out by the Internal Revenue Service relative to the taxes paid as the result of the audits. There is no shortage of ideas on what should be cut and by how much.

Government 59

Government audit Tax tax return 59

Going Concern

OCTOBER 14, 2024

An ‘everygirl’ tells the tale of being pressured to choose a major, landing on accounting, and regretting the decision in ‘ I Was Dedicated to My 5-Year Plan—and Then It Blew Up in My Face ‘: It was the fall semester of my sophomore year of college. Land an internship at a prestigious accounting firm.

Account 59

Account accounted accountant audit 59

Accounting Today

JUNE 9, 2025

EDT 7 Min Read Facebook Twitter LinkedIn Email I am optimistic about the "trusted advisor" destination that the accounting profession has marked as its territory, but skeptical of the partnership model as a means of transportation to that promised land. All rights reserved.

Account 52

Account accounted accountant Technology 52

Going Concern

MARCH 17, 2025

Thanks to the person on r/accounting who recommended it. IGN reviews The Accountant 2. The TLDR: “Theres less bean counting in The Accountant 2, but far more blood and bullets.” In 2022, for example, the National Endowment for the Arts found that just 37.6 percent in 2017 and 45.2 percent in 2012.

Oklahoma 71

Oklahoma Account accounted accountant 71

Xero

JUNE 6, 2025

Reconcile your payroll accounts After processing all pay runs for the financial year, it’s important to forensically check the accuracy of your reporting. If you come across any discrepancies in your payroll accounts, you can use the remove and redo feature to edit the transaction and allocate it to the correct accounts.

payroll 95

payroll Tax general ledger income tax 95

CPA Practice

NOVEMBER 7, 2024

It highlights the programs, accomplishments, challenges and management’s accountability for the resources entrusted to the IRS. The IRS received an unmodified (clean) opinion on its financial statements for the 25th consecutive year from the Government Accountability Office. generally accepted accounting principles.

accounting principles 115

accounting principles financial statements Government Tax 115

CPA Practice

NOVEMBER 6, 2024

By Lois Norder The Atlanta Journal-Constitution (TNS) An Atlanta-area accountant sold his clients on what he assured them was a lucrative, guaranteed investment. Now that longtime accountant, Herbert Lewis, is heading to federal prison for his role in promoting and selling illegal tax shelters. “I

CPA 52

CPA Tax income tax tax return 52

Going Concern

MAY 12, 2025

University of Tulsa shares a bit of wisdom for students picking a major from a business school graduate whose mom was an accountant and who initially didn’t want to spend her working life surrounded by number crunchers (who does??): Shout out to my colleague for Slacking this over. But then a UTulsa professor gave her some advice.

Kansas 52

Kansas Connecticut Account accountant 52

Accounting Insight

MAY 12, 2025

Artificial intelligence (AI) technology represents a turning point for many industries, including the accounting industry, as we see a shift in the way accountants are working as a result. 71% of accountants are satisfied, or very satisfied, with the governments response to AI, and that theyre doing enough to regulate it.

Account 52

Account accounted accountant Technology 52

Shay CPA

MAY 21, 2025

This blog post explores the special considerations that accountants and bookkeepers must take into account when managing the books for a SaaS company. This approach complies with ASC 606 (Revenue from Contracts with Customers), which governs revenue recognition standards in the U.S. Expense Management: Expensify or Ramp.

bookkeeping 52

bookkeeping CPA Technology NetSuite 52