CPA Practice

JUNE 2, 2025

To enable accounting partners to experience these powerful benefits firsthand, Xero is offering 12 months of complimentary access to Tallyfors tax workflow tool.

tax preparation

ThomsonReuters

OCTOBER 11, 2024

Our additional resource page includes webinars, white papers, and events covering a wide range of topics, from technical tax issues to soft skills like leadership. Key tax season resources available Comprehensive guides: Detailed guides covering various aspects of tax preparation, planning, and compliance.

Tax

Accounting Today

JULY 9, 2025

Accountants are central to bridging this gap. Without active accountant involvement, organizations risk over-relying on passive technological defenses. Accountants who grasp these behavioral dynamics are better equipped to lead businesses through the emotional and operational challenges of building stronger defenses.

Technology

Accounting Today

JUNE 13, 2025

Joshua Roberts/Bloomberg The Securities and Exchange Commission appointed Kurt Hohl, a former partner at Ernst & Young, as its new chief accountant, effective July 7. Acting chief accountant Ryan Wolfe will be returning to his role as chief accountant in the Division of Enforcement. All rights reserved. He received a B.B.S.

Account

CPA Practice

NOVEMBER 11, 2024

We track the top products in every category and discuss them in our weekly podcasts in The Accounting Technology Lab. The Future Of Individual Tax Prep Is Brighter Than Ever While AI has been everywhere in the last few years, practical AI built into traditional platforms is being augmented by platforms to help with productivity.

accounting firms

ThomsonReuters

APRIL 28, 2025

Jump to The power of AI in tax preparation How AI contributes to long-term sustainability in accounting Getting started with AI Are you ready to get AI in action for your tax and accounting firm? Imagine your accounting firm functioning like a well-oiled machine. Heres how.

accounting firms

ThomsonReuters

JULY 23, 2025

Let’s take a look. The c hallenge: Time- c onsuming, m anual d ata e ntry Like many accounting firms, Madsen, O’Meara and Company was consumed with manual data entry and struggled to manage their workload during tax season given the high volume of work and limited staff.

tax preparation

Accounting Today

JUNE 16, 2025

EDT 6 Min Read Facebook Twitter LinkedIn Email Accountants are facing increasing demands for precision, speed and data protection. Accountants manage a high volume of sensitive information daily, covering everything from client tax details and payroll reports to audit documentation and financial disclosures. All rights reserved.

Technology

Accounting Today

JUNE 10, 2025

Chris Gaetano Technology Editor, Accounting Today linkedin For reprint and licensing requests for this article, click here. Technology RSM Artificial intelligence Practice management MORE FROM ACCOUNTING TODAY IRS IRS updates procedures list for accounting changes Rev. All rights reserved. across four sections of the exam.

Technology

Accounting Today

JUNE 26, 2025

The AI agents include: Accounting Agent: Automates bookkeeping and transaction categorization, and helps with reconciliation of the books. All rights reserved. The homepage displays a set of customizable widgets with a business feed showing insights, recommendations, and summaries of the workflows and tasks completed by the AI agents.

quickbooks

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

Xero

JULY 23, 2025

Getting your ecommerce accounting in order early can provide clearer cash flow visibility, enable more informed decisions, reduce errors, and ultimately help build a robust financial foundation on which you can grow. Why proactive accounting is crucial for ecommerce growth Imagine your online store is booming.

Account

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

ThomsonReuters

MAY 20, 2025

Jump to Streamlining tax engagement through effective communication Introducing SafeSend One: Your communication and client experience solution Changing the tax client experience with effective communication The tax preparation process is often full of problems, from finding documents to managing many systems.

tax preparation

Accounting Today

JUNE 23, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email The Institute of Management Accountants is expanding its competency framework for accounting and financial professionals. The IMA is explaining the details at its conference in Scottsdale, Arizona this week, as well as an American Accounting Association conference in August.

Account

Nancy McClelland, LLC

NOVEMBER 27, 2024

I’m still a little confused as to how it became a thing for accounting and bookkeeping services to advertise Black Friday or Cyber Monday specials… does that feel weird to anyone else? link] Kellie Parks’ Workflow Watering Hole is offering 33% off everything in the Cloud Accounting Templates Store. Use code BLACKCYBER24.

bookkeeping

Accounting Today

JULY 23, 2025

And with so many of his colleagues benefiting from being able to take on new roles, Crabtree began building a new role for himself, as a champion of mental health in the accounting profession. All rights reserved.

Technology

Accounting Today

JULY 9, 2025

The IRS is encouraging tax preparers to complete their IRIS applications to begin transitioning for the 2027 season. By Paige Hagy 11h ago Practice management M&A roundup: Meaden & Moore; Platform Accounting expand Meaden & Moore acquires ChainRing Advisors; Platform Accounting expands in Chicago.

Tax

Accounting Today

JUNE 6, 2025

XcelLabs provides solutions to help accountants use artificial technology fluently and strategically. Accountants know they need to be more advisory, but not everyone can figure out how to do it," Tolin said in a statement. All rights reserved. These offerings are currently in beta testing.

Technology

Accounting Today

JULY 9, 2025

In 2021, it acquired Long Cook & Samsa in Wooster, Ohio, and in 2015 it acquired LBC International Investigative Accounting in Canada, London and Paris. All rights reserved.

Account

ThomsonReuters

NOVEMBER 26, 2024

Jump to ↓ How GenAI empowers small accounting firms Practical steps for integrating GenAI into small firm operations Are you ready to integrate GenAI into your small accounting firm? No matter the size of your accounting firm, GenAI offers a transformative opportunity for operational efficiencies and sustainable growth.

Technology

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

ThomsonReuters

DECEMBER 4, 2024

Filing business tax returns is no doubt an intricate process, but with the right workflow, accounting firms can streamline the process, reduce errors, and ensure compliance. By harnessing the power of UltraTax CS and SurePrep , your accounting firm can streamline every step of the process, from gathering documents to filing returns.

tax return

Analytix Finance & Accounting

JUNE 24, 2025

Let’s face it: managing accounting of your small-to-medium business in-house can be a challenge. Meeting tax deadlines. But here’s the thing… Outsourcing your accounting isn’t just a convenience anymore — it’s becoming a competitive advantage in 2025. What is Outsourced Accounting?

Account

Accounting Today

JUNE 12, 2025

EDT 6 Min Read Facebook Twitter LinkedIn Email By any other name; poor Service; a saga continues; and other highlights of recent tax cases. Rockford, Illinois: Tax preparer Gretchen Alvarez, 49, has pleaded guilty to preparing and filing false income tax returns. All rights reserved.

Tax

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

ThomsonReuters

JULY 16, 2025

There is no doubt that advances in technology and increasing client expectations are rapidly transforming the accounting profession. The 2025 State of the Tax Professionals Report highlights a clear trend: today’s clients expect more than compliance—they want actionable advice that helps them make smarter financial decisions.

accounting firms

Accounting Today

JUNE 23, 2025

With accounting talent in short supply, many firms are paying a premium for external hires instead of promoting their internal talent. My firms compensation data, collected in 2024 and 2025, shows that accounting firms paid 7% more to bring in outside senior analysts in tax and audit than they paid internal staff in the same positions.

Technology

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. Cloud-based tools are another essential component in the modern accountants toolkit. Jump to 1.

cpas

inDinero Tax Tips

DECEMBER 4, 2024

Simplifying tax preparation and compliance. Step 1: Gather Your Tools and Decide on a System Depending on your circumstances, you may start with anything from a simple spreadsheet to DIY payroll software or indinero outsourced accounting services. Predicting surpluses, allowing you time to plan investments in advance.

tax preparation

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

Accounting Today

JUNE 16, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements for auditors of broker-dealers. All rights reserved.

audit

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

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

Accounting Today

JUNE 16, 2025

EDT 4 Min Read Facebook Twitter LinkedIn Email For decades, accounting firms have operated on a rhythm as reliable as a metronome: a rush of activity from January through April, followed by a lull that stretches through the summer and beyond. All rights reserved. What was once a manageable cycle is now a source of instability.

Technology

Accounting Today

JUNE 17, 2025

TaxProf Blog ( [link] ): The contours of the Supreme Courts dormant Commerce Clause doctrine of internal consistency, which asks whether a state tax intrinsically overreaches in imposing a burden upon interstate commerce, are difficult to understand. Tax Review Board. All rights reserved.

E-commerce

Accounting Today

JUNE 20, 2025

3 deadline for both states applies to individual income tax returns and payments normally due on April 15, 2025. It also applies to 2024 contributions to IRAs and health savings accounts for eligible taxpayers and to estimated tax payments normally due on April 15, June 16 and Sept. All rights reserved.

Mississippi