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Xero to buy payments platform Melio for $2.5B

Accounting Today

B2B payments platform that strongly aligns with our 3x3 strategy and U.S. All rights reserved. By Chris Gaetano CloseText About Chris linkedin chris-gaetano-870989232/ June 25, 2025, 4:00 p.m. Cassidy last year said this refers to Xeros three largest market opportunities of the U.S., growth ambitions.

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Tax Planning Versus Preparation – What is the Difference? – Part 1

CTP

Visit social media or google these days and you’ll most likely see advertisements for Tax Planning. But many taxpayers (and even tax pros) are confused about the differences between tax planning and tax preparation. Why is it impossible to do tax planning at the same time as you prepare a tax return?

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Small Business Lobby Denounces GOP Tax Plans

PYMNTS

“We believe that tax reform should provide substantial relief to all small businesses, so they can reinvest their money, grow and create jobs.”. Republican lawmakers said the proposals are just the beginning of the conversation and process of tax reform.

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Tax Strategies for Selling an S Corporation: Planning for an Asset Sale

CTP

If no agreement is ever drawn up and signed, the decision falls to the IRS, and they will likely allocate the sales price so that it results in the biggest assessment of tax. Therefore, a key tax planning move is to advise your client on how to allocate the purchase price and get an optimal agreement in place before the sale is finalized.

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GOP’s Corporate Tax Break May Be Phased Out After A Decade, Source Says

PYMNTS

The GOP released its tax plan Thursday (Nov. 2), offering a glimpse into its Tax Cuts and Jobs Act that includes plans for corporate taxes. According to reports in The New York Times , Republican tax reform efforts would impose a minimum global tax of 10 percent for American multinational corporations.