Xero

NOVEMBER 18, 2024

Simple and efficient: Xero streamlines partnership tax management by bringing everything into one platform, making it easy for the whole team to use and collaborate on tax returns together. Use Xero Tax for more of your clients: Xero Tax is designed to make it easy to prepare accounts and tax where your clients are using Xero.

Tax 98

Tax tax return bookkeeping accounted 98

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 accountant 98

Mark Lee

NOVEMBER 18, 2024

What do you really need to promote as an accountant? It’s less common today than it was, but still there are plenty of people, including some accountants, who think accountants are selling their time. You can help them realise this is not the best way to compare accountants. This may be what some clients want.

Account 86

Account accountant accounted tax return 86

ThomsonReuters

MARCH 3, 2025

In a profession known for its measured approach to change, agentic AI is emerging as a transformative force for accountants, redefining the nature of daily work and opening the door to more meaningful (and profitable) relationships with clients. But what is agentic AI, and how is it transforming the accounting profession?

Tax 93

Tax Account accountant accounted 93

RogerRossmeisl

DECEMBER 29, 2024

One effective tool to consider adding is a Health Savings Account (HSA). HSAs offer a range of benefits that can help you save on health care expenses while providing valuable tax advantages. Its a good time to review how these accounts work because the IRS has announced the relevant inflation-adjusted amounts for 2025.

Tax 259

Tax tax return CPA accounted 259

Going Concern

NOVEMBER 8, 2024

This Journal of Accountancy article was mentioned in last Friday’s Footnotes (*ahem* Footnotes a wrap-up of the week’s accounting news from other sources without the sassy GC commentary and is published every Friday at 5 pm Eastern) but honestly it deserves its own article in case anyone missed it.

tax return 110

tax return CPA cpa firm Tax 110

CPA Practice

OCTOBER 28, 2024

File a Final Tax Return When dissolving a business, one of the key steps is filing the last federal, state and local tax returns. Any outstanding tax obligations must be paid. If applicable, final payroll tax returns must also be filed and payroll accounts closed, as well as any sales tax.

tax return 116

tax return payroll tax payroll Legal 116

Going Concern

MARCH 20, 2025

Some potentially juicy news coming out of North Carolina today : The Alexander County Sheriffs Office has received numerous calls related to the accounting firm of Price, Breazeale & Chastang, PA. Some of those folks showed up Thursday morning trying to get their tax documents back. The most recent one is complaining about fees.

North Carolina 124

North Carolina accounting firms Tax Account 124

Going Concern

DECEMBER 5, 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 accountant accounted 52

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 accountant accounted 59

ThomsonReuters

FEBRUARY 6, 2025

In the fast-paced world of accounting and tax preparation, every minute counts. As an accountant or CPA, youre often juggling multiple clients, deadlines, and tasks, which can lead to overwhelming stress and burnout. Examples include filing urgent tax returns or addressing critical financial discrepancies.

cpas 52

cpas Account accountant accounted 52

ThomsonReuters

DECEMBER 10, 2024

Blog home As artificial intelligence continues to rapidly evolve , a new concept is emerging that tax and accounting professionals need to be aware of: agentic AI. For tax and accounting firms, agentic AI has the potential to dramatically transform workflows, client services, and the nature of professional work itself.

audit 91

audit Tax Technology tax return 91

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

Going Concern

NOVEMBER 7, 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 accountant accounted 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

Xero

MAY 28, 2025

If the thought of lodging your tax return makes your palms sweaty and you find yourself procrastinating to avoid the inevitable, youre not alone. Xeros latest research has found nearly three quarters of Australians are worried or anxious about tax time this year. For Australias 2.6 The survey was carried out online.

tax return 58

tax return Tax tax preparation accounting and finance 58

Withum

FEBRUARY 5, 2025

Appropriate accounting practices are crucial for real estate entities not only to manage daily operations, but also to ensure tax readiness and compliance. Selecting the Appropriate Accounting Method The choice between cash and accrual accounting methods can significantly impact financial reporting and tax filings.

Real Estate 59

Real Estate Tax Account accountant 59

ThomsonReuters

JULY 16, 2025

Advisory services are one of the biggest growth opportunities for tax and accounting firms today. Why many accounting firms are stuck in neutral Despite the clear upside, many firms are struggling to scale their advisory practices. But for many, turning this opportunity into reality remains a challenge. Client-ready reports.

accounting firms 93

accounting firms Account accountant accounted 93

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

MyIRSRelief

APRIL 11, 2025

However, amidst the hustle and bustle, tax issues can arise, creating stress and financial strain for taxpayers. Whether its unfiled tax returns, back tax debt, 941 payroll tax issues, IRS levies, garnishments, or audits, these challenges can feel overwhelming. However, ignoring the problem only makes it worse.

payroll tax 130

payroll tax Tax tax return payroll 130

ThomsonReuters

JULY 1, 2025

The tax and accounting profession is at a crossroads. The reality is that agentic AI is already transforming the way accounting and tax professionals work every day. Jump to ↓ Why is agentic AI a good fit for tax and accounting? Traditional automation handles repetitive tasks through fixed rules.

Tax 64

Tax Account accountant accounted 64

ThomsonReuters

DECEMBER 10, 2024

Blog home As artificial intelligence continues to rapidly evolve , a new concept is emerging that tax and accounting professionals need to be aware of: agentic AI. For tax and accounting firms, agentic AI has the potential to dramatically transform workflows, client services, and the nature of professional work itself.

audit 97

audit Tax Technology tax return 97

Xero

DECEMBER 9, 2024

UK: Save time and manage all your clients’ compliance needs in one place with Xero Tax [Product Idea ] For UK accountants and bookkeepers, you can now use Xero Tax to prepare and file partnership tax returns with HMRC. This means you can manage the vast majority of compliance tasks and all in one place.

bookkeeping 98

bookkeeping tax return Tax Sales 98

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

Accounting Insight

MAY 2, 2025

Its no secret that accountants are stretched during tax return season. Theres hardly time to stay on top of each clients basic needs yet alone advising them on their tax affairs. What is personal tax automation? In other words, your very own personal tax assistant is working 24-7 on your client portfolio.

Technology 59

Technology accounting firms Tax tax return 59

ThomsonReuters

NOVEMBER 26, 2024

If there is one thing accountants and tax preparers know for sure, it’s that an efficient tax workflow is key to remaining competitive in an increasingly digital tax and accounting landscape. To achieve this, many forward-looking accountants and tax preparers are shifting toward a fully digital tax workflow.

Technology 52

Technology accounting firms Tax tax return 52

Accounting Today

JULY 9, 2025

Tax IRS Tax season Tax returns Tax regulations MORE FROM ACCOUNTING TODAY Practice management BDO names Matt Becker next CEO Matthew Becker, BDO USAs national managing principal of tax, has been ratified by a principal-wide vote to succeed Wayne Berson as the firms next CEO, effective July 1, 2026.

Tax 107

Tax tax preparation Technology corporation tax 107

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

ThomsonReuters

JANUARY 16, 2025

Blog home A proactive approach to filing taxes not only streamlines the workflow but also offers benefits that can greatly improve both the accountant’s and client’s experience. The IRS usually starts accepting tax returns for the new season on the 4th Monday of January.

Account 52

Account accountant accounted tax return 52

FraudFiles

APRIL 14, 2025

Tax returns can be one of the most important pieces of information a forensic accountant evaluates in a divorce case. Of course, there are other very important financial documents, but income tax returns provide summary information about of lot of financial issues, including income, expenses, and assets.

tax return 52

tax return forensic accounting business tax 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

ThomsonReuters

OCTOBER 23, 2024

Jump to ↓ The strategic role of tax technology Budget disparities and satisfaction levels The rise of Generative AI (GenAI) Key findings at a glance The future trends of tax technology Strategic takeaways and future directions The tax and accounting landscape is undergoing a seismic shift, driven by rapid technological advancements.

Technology 52

Technology Tax tax return 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 accountant accounted 59

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

Xero

APRIL 28, 2025

Delivering powerful, integrated tools for our accounting and bookkeeping partners to help their small business clients is a key focus for us at Xero. This means less tedious work leading to faster review and finalisation of client accounts, tax returns, and financial statements.

bookkeeping 89

bookkeeping tax return financial statements Tax 89

Shay CPA

JULY 16, 2025

Over the last 20 years of being an accountant, I’ve opened my fair share of mail to find tax notices so daunting they could wake you in cold sweat. These letters—from federal, state, or city agencies—might demand income tax, franchise tax, sales tax, unemployment insurance, or workers’ compensation.

Delaware 52

Delaware Tax tax return CPA 52