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Saving for College: Tax Breaks and Strategies Your Family Should Know

RogerRossmeisl

tax code may help ease the financial burden. Below is an overview of some of the most beneficial tax breaks and planning options for funding your childs or grandchilds education. Theyre treated as taxable gifts to the child, but theyre eligible for the annual gift tax exclusion ($19,000 in 2025). Contributions arent deductible.

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Are you ready? Prepare for tax season with these essential resources for accountants

ThomsonReuters

Jump to ↓ Why tax season resources matter How to make the most of these resources Tax season success starts here Tax season is here, and with it comes the familiar rush of deadlines, complex returns, and endless questions from clients. These resources are intended to help you with: Staying informed with the latest tax updates.

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Avalara Enhances Tax Automation on Purchases with AvaTax for Accounts Payable

CPA Practice

a provider of tax compliance automation software for businesses of all sizes, has expanded the capabilities of AvaTax with AvaTax for Accounts Payable. The enhancement provides a comprehensive solution built into AvaTax that is designed to automate tax calculation and compliance for purchases. Avalara, Inc. ,

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How the GENIUS Act impacts stablecoin tax and accounting reporting standards

ThomsonReuters

For tax and accounting professionals, the GENIUS Act is more than just a policy milestone—it’s a signal that stablecoins are entering the mainstream financial system. Understanding how this law affects your clients’ reporting obligations, accounting treatment, and compliance posture is now essential. What is a stablecoin?

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession.

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Corporate Transparency Act halted: What the recent court injunction means for tax and accounting professionals

ThomsonReuters

Jump to Overview of the recent halting Implications for tax and accounting professionals What’s next? By requiring businesses to disclose beneficial ownership information, the CTA seeks to combat financial crimes such as money laundering and tax evasion. financial system.

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Optimism declines among accountants

Accounting Today

accountants who advise small and midsized businesses are feeling less confident this year, according to a new survey. Between January and April, the net sentiment among accountants swung from a positive 19% to a negative 39%. All rights reserved. EDT 3 Min Read Facebook Twitter LinkedIn Email U.S.

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Be an Odd Duck: Work on, Not in Your Public Accounting Practice

Speaker: Tom Bowman, CPA of Bowman & Company

Owners of Public Accounting firms are always telling their clients to work on their business and not in their business, yet many times do not take their own advice. It is possible to run an Accounting Firm and never do tax returns or financial statements! Our CEUs count toward the Certified Public Accountant (CPA) program.

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist. Save your seat today!

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The CPA Firm Growth Strategy: From Compliance to Consulting

Speaker: Rita Keller - President of Keller Advisors, LLC

You've worked diligently and have built a glowing reputation grounded in your excellent skills in tax, accounting, and auditing. You're known as the “go-to” person when a client is faced with tax and financial decisions. You have a very successful firm -- but that’s not enough.

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Simplify Your Business Finances with Dedicated Bookkeeping Services

Managing bookkeeping and tax can be challenging for businesses of all sizes. Fincent’s services offer a comprehensive solution to streamline your financial operations. With personalized, dedicated bookkeepers and controllers, our platform ensures accurate monthly books and financial statements delivered by the 10th business day of each month.