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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. AvaTax for Accounts Payable helps companies avoid these risks. Avalara, Inc. ,

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Protecting Your Financials Starts with Closing the Books Right

Shay CPA

When changes are made after the books have been closed, they disturb the delicate balance of reconciled accounts. This is particularly problematic when the adjustments impact key areas like accounts receivable (AR) or accounts payable (AP).

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Employment Tax Reporting: 2025 Due Dates and Best Practices for Healthcare Entities

Withum

As a result, we recommend a comprehensive review of your employment tax reporting function, including: Payroll and accounts payable personnel should identify and review any workers who may be receiving both Form W-2 and Form 1099. Your accounts payable files should include a fully completed Form W-9 for all vendors.

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AvidXchange Unveils New AI Agents to Elevate Accounts Payable Processes

CPA Practice

As part of AvidXchange’s 2025 trends report, which surveyed 500 mid-market finance leaders, it was reported that 76% of finance departments recognize the value of using AI within their finance department to improve efficiency and decision-making.

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Key Financial Statement Audit Preparation Tips for First-Time Audits

Withum

Control Processes Documentation The business should have clearly defined control processes and segregation of duties that are adhered to regarding cash, accounts receivable, accounts payable, inventory (if applicable), payroll and the month-end close process.

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Tech Startup Accounting Insights From A Y Combinator Company

inDinero Tax Tips

But when youre short on time, there are a handful of variables you should always monitor regularly: Money In (Accounts Receivable): What revenue is coming in, and when. Money Out (Accounts Payable): What expenses are due, and when. They handle day-to-day transactions such as accounts receivable and accounts payable.

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Top 6 Benefits of Outsourcing Accounting Services for Your Business in 2025

Analytix Finance & Accounting

Ready to streamline your CPA firm’s operations and boost growth? Download our free whitepaper , “How to Enhance Operational Efficiency in CPA Firms” and start transforming your processes today. Concluding Notes As we’ve learned, outsourcing your accounting services offers significant advantages for businesses of all sizes in 2025.