CPA Practice

JUNE 6, 2025

OBannon ADP has announced the launch of the Accountant Connect Resource Center , a centralized destination designed to help accounting professionals strengthen their advisory services and support client growth. To explore the Resource Center, visit ADP.com/AccountantResourceCenter. Thanks for reading CPA Practice Advisor!

Technology 93

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Withum

JULY 4, 2025

One Big Beautiful Bill Tax Provisions The One Big Beautiful Bill includes the following significant federal income tax provisions. The Senate bill adds an additional $1 trillion more than the original House bill proposed.

income tax 119

income tax Tax Kentucky Agriculture 119

Accounting Insight

MAY 8, 2025

Get your accounting practice Making Tax Digital for Income Tax ready with our comprehensive checklist. The MTD checklist includes: What MTD for Income Tax is and what it means for accountants. The MTD checklist includes: What MTD for Income Tax is and what it means for accountants.

income tax 52

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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. Almost half of UK sole traders at risk of non-compliance, feeling unprepared for income tax changes due April 2026. Other respondents took accountability for their lack of awareness.

Account 52

Account accountant accounted income tax 52

CPA Practice

JULY 16, 2025

Jason Bramwell Top 20 accounting firm Armanino has expanded its managed service offerings by joining forces with Strategic Accounting Outsourced Solutions, a specialized outsourced accounting firm. Financial terms of the deal weren’t disclosed. Founded in 2012 and recognized on the Inc.

Technology 89

Technology Account accountant accounted 89

CPA Practice

MAY 21, 2025

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.

income tax 71

income tax tax return Tax Account 71

Accounting Insight

MAY 9, 2025

In this blog, we answer all your FAQs related to MTD for Income Tax , as there remains uncertainty about HMRCs scheme. What is MTD for Income Tax? Be able to provide their Income Tax return information to HMRC through compatible software. Who is exempt from MTD for Income Tax?

income tax 52

income tax Tax tax return bookkeeping software 52

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. Talent Attn accounting employers: your talent woes are over!

Florida 98

Florida Mississippi audit auditor 98

inDinero Tax Tips

OCTOBER 22, 2024

LLC Taxes in Nevada Here are the primary reasons Nevada is an attractive place to start a business: While the average American pays 8.9% in state income tax, Nevada is one of a handful of states that doesn’t have personal income tax. That said, the state isn’t tax-free.

Nevada 105

Nevada Tax income tax payroll tax 105

CPA Practice

JUNE 11, 2025

Jason Bramwell Outsourced accounting and artificial intelligence bookkeeping software provider Integra Global Solutions this week launched its AI Answering Services, an always-on receptionist solution tailored exclusively for accounting firms.

accounting firms 52

accounting firms Technology Account accountant 52

CPA Practice

JULY 15, 2025

The accounting profession is undergoing a significant transformation as more non-CPAs acquire CPA firms. A growing number of non-CPA buyers are acquiring multiple CPA firms to build scalable, regional, and niche accounting businesses. This shift has opened the door for non-CPA buyers looking to enter the accounting profession.

cpa firm 83

cpa firm CPA cpas Technology 83

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. For every dollar they paid in, they would get tax deductions of about $4.50. He also prepared tax returns for clients with deductions he knew to be false.

CPA 52

CPA Tax income tax tax return 52

CPA Practice

JUNE 26, 2025

OBannon A new study from Thomson Reuters comes with a stark warning to the tax and accounting industry: firms without artificial intelligence strategies could fall irrevocably behind in the next 12 months as competing firms leverage the technology to transform faster, serve better, and hire smarter.​

Technology 94

Technology Tax Tennessee payroll 94

CPA Practice

JUNE 30, 2025

From tax prep to asset management, invoicing and portals, and auditing to remote CFO functions, the services the accounting and tax pros provide are dependent on the technologies they use. The awards highlight the most useful technology for firms and clients. © 2025 Firmworks, LLC.

Technology 104

Technology Rhode Island West Virginia South Dakota 104

ThomsonReuters

OCTOBER 24, 2024

Writing an advisory services proposal with a template An easier way to write advisory proposals The shift toward providing more higher-value advisory services continues to gain momentum as accounting firms increasingly look for ways to better serve clients, sharpen their competitive edge, and drive greater profitability.

Maine 52

Maine Legal Sales Tax 52

CPA Practice

JULY 7, 2025

Mary Girsch-Bock AICPA News is a collection of recent news briefs from the American Institute of CPAs and the Chartered Institute of Management Accountants. Mary Girsch-Bock AICPA News is a collection of recent news briefs from the American Institute of CPAs and the Chartered Institute of Management Accountants. from spring 2024.

cpas 85

cpas accounting and finance CPA Technology 85

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 accountant accounted 59

CPA Practice

JUNE 18, 2025

He also has more than 25 years of public accounting experience in the Columbus area. His executive leadership experience, coupled with his extensive experience in public accounting, further enhances Schneider Downs’ ability to provide highest-level consulting and guidance to its roster of clients.

Technology 115

Technology audit Healthcare payroll 115

CPA Practice

JUNE 12, 2025

Closer to home, accounting firm leaders face hiring challenges, succession planning woes and the very real question: what role will humans play as AI and automation take over more of our work? Build relationships to build resilience AI won’t replace accountants. So let’s revisit that advice and update it for the here and now.

Technology 110

Technology payroll audit Education 110

CPA Practice

JULY 24, 2025

OBannon Billtrust , a B2B accounts receivable workflow and payment software market leader, has added new innovations in its Collections solution, delivering a new standard for AR teams by unifying advanced automation, AI-driven insights, and seamless agentic AI workflows. .”

Technology 51

Technology Account accountant accounted 51

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

Accounting Insight

OCTOBER 25, 2024

The three profits included in accounting textbooks: gross profit, operating profit and net profit are a good start for accountancy students. Limiting them to just three types of profit is intended to avoid overburdening young accountants at the beginning of their studies. Many companies no longer have net profit, but net income.

Non-Profits 98

Non-Profits Account accountant accounted 98

ThomsonReuters

JUNE 18, 2025

How the SALT cap affects state budgets SALT cap provisions in the One Big Beautiful Bill Act How to stay up-to-date with changing SALT deduction legislation Newsletter Tax and accounting news featuring content from Checkpoint Sign up What is the current SALT cap? 86-272, representing a substantial shift in interstate commerce taxation.

income tax 91

income tax New Jersey New York California 91

CPA Practice

JULY 22, 2025

Jason Bramwell Accounting practice management platform Canopy on July 22 launched Smart Intake, a native solution that automates client intake and tax workflow with AI-powered questionnaires, featuring intelligent prefill, document checklists, and real-time customer relationship management data sync. Log In Need more information?

Technology 66

Technology payroll payroll tax audit 66

CPA Practice

JUNE 18, 2025

Nearly Three-Quarters of Accounting Master’s Programs Report an Increase in Applications New data from the Graduate Management Admission Council (GMAC), an association of leading graduate business schools, shows strong growth in applications to Master of Accounting programs. The share of growth in applications hit a five-year high.

Technology 88

Technology accounting and finance cpas payroll 88

Accounting Insight

JUNE 6, 2025

Technology-embracing firms enjoy nearly two-thirds more revenue growth compared to their competitors, according to a recent report on the future of accounting. The transition to digital tax compliance offers more than just another regulatory checkpoint. MTD is happening. What does this mean for your practice?

Tax 66

Tax Technology Non-Profits income tax 66

CPA Practice

JULY 22, 2025

The Business Resilience Toolkit equips accounting and finance professionals to act as strategic advisors and critical business partners. Jason Bramwell Leave a Reply Cancel reply Δ CPA Practice Advisor is the definitive technology and practice management resource for accounting and tax professionals.

Technology 55

Technology accounting and finance payroll payroll tax 55

CTP

JUNE 9, 2025

Practicing Scenario Modeling With so many tax provisions up in the air this year, planning ahead can feel like an impossible task. To accelerate income, we might look at a Roth conversion or execute some trades to pull income into this year when income tax rates are lower.

tax planning 91

tax planning Tax income tax Education 91

Accounting Web

JULY 24, 2025

HMRC & policy Tags HMRC Income tax Making tax digital

accounting firms 40

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Withum

DECEMBER 18, 2024

Finance teams planning for their year-end financial statement audit have an even longer list of things to think about at the end of the year, including income statements, balance sheets, and, finally, the income tax provisions and disclosures that must be presented in the financial statements.

Tax 122

Tax auditor financial statements income tax 122

CPA Practice

DECEMBER 3, 2024

27)—A tax preparer who admitted to filing more than $3 million in fraudulent tax returns on behalf of her clients is facing up to 30 years in prison for her crime. The FBI and our law enforcement partners will continue to identify and hold accountable anyone who defrauds taxpayers.” (TNS) ATHENS, GA (Nov. Tripp” Self III.

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tax preparation Georgia tax return Tax 97

Accounting Today

JUNE 20, 2025

The current list of eligible localities is on the IRS Tax Relief in Disaster Situations page.) 3 deadline for both states applies to individual income tax returns and payments normally due on April 15, 2025. All rights reserved. For individual taxpayers, this means Oct.

Mississippi 94

Mississippi Texas Tax Technology 94

TaxConnex

JANUARY 9, 2025

For foreign digital economy business companies, registering to collect and remit Canadian sales tax starts with a Revenue Agency questionnaire. If you need to register for the GST/HST, you need to register for either a simplified GST/HST account or a normal GST/HST account.

Sales 147

Sales Tax tax return income tax 147

ThomsonReuters

JULY 23, 2025

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.

Tax 52

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Nancy McClelland, LLC

JANUARY 12, 2025

“What is an IRS Account Transcript and Why Do I Need One?” ” During the pandemic, we began requiring all clients to submit a copy of their IRS Account Transcript along with their Tax Organizer and other annual tax prep documentation. account, the ID.me No worries — the IRS did.

Tax 52

Tax tax return Account accountant 52

Nancy McClelland, LLC

APRIL 8, 2025

Did your accountant (possibly me) ask you to make a business tax payment for your Illinois pass-through entity, such as a Partnership or S-Corp — maybe an estimated tax payment or extension payment? On the Summary tab, look for the Business Income Tax section. (In Well, you’ve come to the right place.

Illinois 52

Illinois business tax Tax income tax 52

Withum

JUNE 23, 2025

The Partnership Operating Agreement usually outlines the distribution section, and the timing and frequency of distributions are determined by managing partners, taking into account current cash flow and future cash forecasts. For tax purposes, distributions are considered a return on investment.

income tax 52

income tax CPA Tax accountant 52