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Special Report: 2025 Readers’ Choice Awards

CPA Practice

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.

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Monday Morning Accounting News Brief: PwC Consolation Prizes; Al Pacino’s Accountant Ripped Him Off | 10.21.24

Going Concern

In municipal messiness, the city of Sturgis in South Dakota is bringing on an outside accountant to help them with their accounts : In a recent audit report conducted by accounting firm Ketel Thorstensen, it was revealed that the city has not reconciled all of their bank accounts since 2023.

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Multi-channel selling sales tax: Direct/retail sales

TaxConnex

Economic nexus has emerged as a burning issue for many online retailers since the 2018 decision of South Dakota vs. Wayfair , in which the U.S. Supreme Court ruled that the state of South Dakota could require businesses with no physical presence in the state to collect sales tax. We hear this question frequently.).

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Set Solutions Automates Tax Compliance Across Multiple States with Avalara and Sage Intacct

CPA Practice

Supreme Court ruled in favor of the state in South Dakota v. With Avalara and Sage accounting software, Set Solutions has seen increased productivity within its finance and accounting department, saving dozens of hours a week on manual finance processes. When the U.S. Wayfair, Inc.,

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SMB Tax Complexity Preserves Role For The Human Accountant

PYMNTS

Ongoing regulatory changes and persistent uncertainty mean that that importance will continue even outside of tax season, with challenges that even the most automated of accounting software solutions cannot always tackle. ” However, it’s not just tax reform tripping up the small business accounting space.

Tax
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How Online Sales Tax Impacts Different eCommerce Models

PYMNTS

That all changed last year with the Wayfair vs. South Dakota ruling that sought to level the playing field for brick-and-mortar stores. This is in opposition to the policy established in the 2018 South Dakota v. That’s why many SMBs are turning to tax software to help. Online Sales Tax and Global Merchants.

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Choosing the Right Accounting System for Your Shopify Business

xendoo

Here are some of the best accounting systems for Shopify that can help get your business on track. QuickBooks Online is the cloud-based version of the popular and versatile QuickBooks business accounting software. QuickBooks Online. Customizable dashboard. Create invoices and quotes and receive payments. TaxJar for Shopify.