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Is it time to upgrade? Tips for changing accounting systems in 2025

Accounting Seed

Changing accounting systems can feel intimidating. Even if the legacy accounting system you currently use doesnt have the features, speed, or power you need, at least its familiar. Sometimes though, the benefits of switching to new software begins to outweigh the cost of learning a new system.

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Decisions 2024: The Opportunities for Accounting Firms Have Never Been Greater

CPA Practice

We track the top products in every category and discuss them in our weekly podcasts in The Accounting Technology Lab. Sifting through what is in the market and coming to market, it is clear that tax preparation will be more profitable than ever. The trend: tech (both AI and non-AI) is taking the pain out of tax prep.

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Top 10 Financial Considerations for Life Sciences Businesses Looking to Expand Into the United States

Withum

Banking and Financial Infrastructure Companies should establish a US bank account and find a trusted banking partner. Will the US company be financed by the non-US parent company? Will any employees from the non-U.S. Planning for Repatriation of Profits out of the U.S. profits back to the foreign parent company?

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Sage Intacct Implementation Case Study for IAFC

Cherry Bekaert

The not-for-profit membership association partnered with Cherry Bekaert for a comprehensive diagnostic assessment of its people and technology, which led to outsourced accounting services and the implementation of Sage Intacct accounting system, along with bill pay, expense reporting and budget systems.

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How To Download Your IRS Account Transcript to Look Up Your Estimated Tax Payments (Updated Jan 2025)

Nancy McClelland, LLC

Lots of small business owners pay what are known as “quarterly estimated taxes” to the IRS and their state department of revenue throughout the year — as a replacement or in addition to W-2 withholding, in order to pay tax on their self-employed or pass-through company’s profit. account, the ID.me

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Understanding NYC’s 401(k) Rules for Startups: A Guide for Small Employers

Shay CPA

Penalties for Non-Compliance: While enforcement measures are still being finalized by NYC regulators, failure to meet these requirements may result in penalties. Employer Contribution Deduction: Any matching contributions or other employer contributions to employee retirement accounts are tax-deductible as a business expense.

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10 Bookkeeping Best Practices Every Business Should Outsource

Basis 365

Keeping your business successful requires well-managed financial records, but taking the time and money to build an accounting team can use up resources you cant spare. If youre finding it difficult to keep up with your bookkeeping but dont want to hire an in-person accounting team, its time to consider alternative solutions!