ThomsonReuters

NOVEMBER 7, 2024

The term “digital transformation” can be frustratingly vague—but in large companies, a digital transformation is essentially the process or “journey” a company goes through to upgrade its IT infrastructure and business systems to meet the growing technical demands of the digital era.

Tax 52

Tax Technology E-commerce accounting and finance 52

CPA Practice

JULY 2, 2025

The fintech company announced July 1 the launch of Aggregator Plus, a new product upgrade that adds automated Form 1099 data extraction to K1x's AI-powered K1 Aggregator tax platform.

Technology 52

Technology Tax business tax accounted 52

ThomsonReuters

JUNE 4, 2025

Jump to Addressing the technology gap in CPA firms Key strategies for UltraTax CS implementation The hidden costs of not changing Are you ready to transform your CPA firm with UltraTax CS? Addressing the technology gap in CPA firms Every accounting firm has its unique set of challenges and inefficiencies. Lets take a look.

cpa firm 52

cpa firm CPA tax preparation Technology 52

Shay CPA

FEBRUARY 10, 2025

While this typically signals pro-business tax incentives, concerns about the federal budget deficit may delay any sweeping amendments to Section 174. The New Administration and Republican-Controlled Congress: What Lies Ahead In 2025, we have a new administration and a Republican majority in Congress.

accrual accounting 52

accrual accounting Tax CPA payroll tax 52

CPA Practice

JUNE 18, 2025

OBannon Taxes June 17, 2025  Senate GOP Tax Bill Would End Federal Taxes on Many Guns, Silencers Senate Republicans’ tax bill would eliminate federal taxes and regulations on short-barreled rifles, short-barreled shotguns and silencers as well as preempt state or local licensing requirements in a win for gun-rights advocates.

Tax 87

Tax Technology income tax payroll 87

Shay CPA

JUNE 25, 2025

Check box on Tax Return – Address Change Inform your accountant to check the ‘Address Box’ change when submitting your business tax returns with the IRS and State authorities. At ShayCPA, we specialize in assisting early-stage technology companies and businesses with their tax compliance and accounting needs.

CPA 52

CPA payroll Legal tax return 52

ThomsonReuters

MARCH 3, 2025

Given the difficulties, it comes as little surprise that keeping up with tax law and government regulations ranked number three among the top accounting challenges in 2024 , according to Thomson Reuters research. Unfortunately, the ever-evolving landscape of intricate tax provisions and newregulations shows no signs of slowing.

Tax 59

Tax audit Account accountant 59

CPA Practice

JULY 23, 2025

Twenty-one say it would be helpful if the IRS could stagger individual and business deadlines for tax relief (i.e., separate extended deadlines for filing personal and business taxes and payment) after a national disaster. when there is loss of property to circumstances beyond your control – fire, theft, disaster, etc.).

Technology 52

Technology cpas payroll audit 52

Accounting Today

JUNE 10, 2025

Why lawmakers ought to adopt a simple reform that would raise revenue and make the Districts business tax system fairer. Tax Talk: ( [link] ): OBBBA wont be so beautiful for foreign persons if IRC Section 899 becomes reality. Institute on Taxation and Economic Policy ( [link] ): As the D.C. Virginia – U.S.

tax preparation 52

tax preparation West Virginia Technology Virginia 52

ThomsonReuters

MAY 27, 2025

Corporations report the following benefits they get from using ONESOURCE: Save time during tax reporting. With a complete, end-to-end tax platform, companies have all the tools they need to automate their tax and compliance operations. Rely on accurate and compliant tax data. The European Unions BEPS 2.0

Tax 52

Tax Technology E-commerce corporation tax 52

Accounting Today

JULY 21, 2025

For tax years after 2024, Section 174A permanently restores the ability to fully deduct domestic R&D expenses in the year they are incurred. This provides clarity and a powerful incentive for future innovation," noted Brett Johnson, the founder of Arvo Tech, which helps businesses maximize their tax strategies.

Technology 77

Technology corporation tax tax planning tax preparation 77

Accounting Today

JUNE 9, 2025

At the same time, so-called pass-through businesses in the service sector are pushing to remove a provision in the House bill that limits their ability to claim SALT deductions. Gary Boomer June 9 Audit Two-thirds of clients ready to change auditors Seventy percent of U.S. By Paige Hagy June 6 Like what you see?

Tax 52

Tax Technology West Virginia audit 52

Accounting Today

JUNE 27, 2025

The massive tax and spending package is the legislative centerpiece of Trumps economic agenda. The Senate version makes permanent individual and business tax breaks enacted in 2017, while adding temporary new breaks for tipped and overtime workers, seniors and car-buyers. Josh Shapiros signature.

Tax 52

Tax Technology New Jersey Pennsylvania 52

Accounting Today

JUNE 18, 2025

The House-passed bill raises the cap for federal deductions for state and local taxes to $40,000 from $10,000. The Senate draft version makes permanent three business tax breaks and that could boost the economic growth effects. By Chris Gaetano June 17 Like what you see?

Technology 45

Technology Tax tax planning tax preparation 45

CPA Practice

JUNE 23, 2025

Jason Bramwell Taxes June 23, 2025  IRS Refines Pre-Filing Agreement Tax Certainty Program Improvements made to the IRS Pre-Filing Agreement program will provide greater tax certainty for large business and international taxpayers, the agency announced on June 17.

Missouri 93

Missouri Mississippi Technology payroll 93

ThomsonReuters

NOVEMBER 28, 2023

Jump to: Reflect on your current tax workflow Use automation to boost staff engagement and retention Unlock growth opportunities With staffing shortages of epic proportions, the accounting industry is facing a crossroads. How are you preparing and reviewing the tax return? Download report 2.

Technology 112

Technology accounted Account accountant 112

CPA Practice

FEBRUARY 8, 2024

As financial first responders, accountants often find themselves under immense pressure that is only amplified by the busy tax season. To alleviate accountants’ tedious—but essential—tasks, firms must adopt automation technology, an increasingly essential resource in the profession.

Technology 111

Technology accounting firms accounted Account 111

CPA Practice

JUNE 9, 2024

More than 5,000 tax, accounting and financial professionals participated in-person and virtually in AICPA Engage 2024, the largest annual educational, technology and networking event. Here is a selection of these technologies. Engage 2024 was held June 2-6, 2024, at the Aria Resort and Casino in Las Vegas.

Technology 119

Technology CPA Education audit 119

CPA Practice

OCTOBER 25, 2024

Watch the video, or listen to the audio podcast below: Or use the below podcast player to listen: Transcript (Note: There may be typos due to automated transcription errors.) Randy Johnston 00:10 Welcome to today’s Accounting Technology Lab. It’s a it’s always good for me because I learned something new.

Technology 115

Technology Account accounted accountant 115

CPA Practice

MAY 18, 2023

From optimizing the workspace to implementing technology that streamlines tasks , this blog post will explore the steps firms can take to support professionals who frequently endure the most stress on the job. Tax and accounting firms need to ensure that the mental health of their employees is taken seriously.

Technology 98

Technology accounted Account accountant 98

ThomsonReuters

AUGUST 2, 2022

Even as accounting firms emerge from the COVID-19 pandemic with a new appreciation for technology’s ability to enable remote work and seamless collaboration, a new challenge has surfaced. Increasing productivity with tax technology. So, how can tax technology boost the agility of your firm?

Technology 98

Technology Tax Non-Profits tax preparation 98

CPA Practice

OCTOBER 29, 2024

Intuit Connect event attendees were the first to get a close look at the company’s latest innovations for advancing accounting automation, payroll and workforce solutions for mid-market customers, and powerful new marketing capabilities all powered by AI. Intuit Inc.

Technology 105

Technology quickbooks bookkeeping payroll 105

Accounting Insight

FEBRUARY 7, 2023

Whether you’re a practice or a technology vendor in the tax and accounting industry, investments in people and technology are going to feature prominently in 2023. Here are eight predictions that we’re likely to see unfolding in the tax and accounting business and technology landscape for 2023.

Technology 83

Technology tax accountant Tax accounted 83

ThomsonReuters

NOVEMBER 8, 2022

Most accountants know that choosing the right accounting technology can boost the ability to serve clients, satisfy staff, and build deeper client relationships.?But But how do you take full advantage of technology to streamline accounting processes? . Assess your current processes and tech stack. The result? Identify issues.

Technology 106

Technology accounted Account accountant 106

Withum

FEBRUARY 6, 2023

Utilize foreign currency automation which saved 4 to 5 hours of manual effort every month to translate foreign currency in multiple worksheets. Increase data access, transparency, and internal visibility , especially with sales tax audits by providing physical location record information with audit trails. Contact Us Good News!

tax preparation 78

tax preparation business tax Tax general ledger 78

MyIRSRelief

APRIL 29, 2024

These firms understand the unique challenges faced by LA’s diverse entrepreneurial landscape, from tech startups in Venice Beach to established family-run restaurants in Koreatown. Get business tax & bookkeeping help by contacting us today! to minimize your tax burden and maximize profits.

Tax 130

Tax bookkeeping Entertainment accounted 130

ThomsonReuters

MAY 15, 2023

From optimizing the workspace to implementing technology that streamlines tasks , this blog post will explore the steps firms can take to support professionals who frequently endure the most stress on the job. Tax and accounting firms need to ensure that the mental health of their employees is taken seriously.

accounted 137

accounted Account accountant Technology 137

PYMNTS

FEBRUARY 6, 2020

She added KPMG is looking forward to using “our hard-earned know-how from the preparation of large-scale FBT returns” and tax technical chops “to catapult ONESOURCE … into a future driven by data, analytics and automation.”. The ONESOURCE FBT software automates the tax calculations necessary to file an FBT return. “As

business tax 52

business tax Tax Technology income tax 52

CPA Practice

JUNE 29, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss technology trends for audits. Welcome to Technology Lab. And we want to talk about some audit technology trends in specific about data driven audits and 100% testing. Well, with automation, the change, the calculus has changed somewhat on that.

Technology 52

Technology audit general ledger Start-ups 52

CPA Practice

APRIL 19, 2023

Break down your processes into individual tasks and consider how to take a team approach to get the work done, leveraging technology and pulling in other team members. The key is to have courage and embrace outsourcing, delegation, automation, non-traditional hiring and getting people in positions that honor their unique abilities.

Technology 123

Technology CPA tax return auditor 123

PYMNTS

OCTOBER 19, 2020

Here’s the latest news from Amazon and the technology industry, which is coming under increasing scrutiny from regulatory watchdogs, trade organizations and politicians globally. Netherlands, France Advocate For Action Against Big Tech. EU Watchdogs Create ‘Big Tech Hit List’. OECD’s Tax Reform To Be Presented To G20.

Technology 57

Technology tax planning Tax Government 57

KROST

JULY 15, 2021

The Technology Issue highlights some of the hot topics in the technology industry including Client Accounting Services (CAS), Nonfungible Tokens, the Effect of Upcoming Changes to IRC Section 174 on the Software Development Industry, and more. KROST’s Technology Team: Industry Group Leader – Paren Knadjian, Practice Leader.

Technology 52

Technology CPA Real Estate accounting and finance 52

ThomsonReuters

MAY 10, 2022

The newly reinstated excise tax compliance obligations can be expected to affect multiple functional areas of a company including Procurement, Finance, Tax, Environmental Regulatory Departments, and Information Technology. Challenges created by Superfund for business tax and IT professionals.

Technology 98

Technology Tax accounting and finance Manufacturing 98

Withum

SEPTEMBER 6, 2022

As technology and emerging growth companies experience success, they find themselves in a position where their revenue is not the only thing growing. For more information on this topic, please contact a member of Withum’s Business Tax Services Team. Author: David Hansell | dhansell@withum.com. Contact Us. Let’s Chat.

accounted 122

accounted Account accountant accounts payable 122

CPA Practice

FEBRUARY 7, 2024

Any business or accounting firm that filed using paper methods but should have filed electronically may receive fines, so it is essential to contact the IRS , their accountant, or their 1099 service provider. Avalara has more than 2,000 accounting firms that use their system to electronically file these forms on behalf of their clients.

Technology 123

Technology accounts payable accounting firms income tax 123

CPA Practice

MARCH 27, 2023

For many accountants, busy season can certainly feel more like “survival season” – last year, nearly 200 million individual and business tax returns were filed , with accountants shouldering a large portion of the work. Additionally, see how your firm’s technology partners can help out during this season.

Tax 121

Tax Technology tax return Expense Management 121

ThomsonReuters

JUNE 16, 2023

Firm resources often include, but are not limited to: Employees Technology solutions and other business equipment Working space Capital to pay employees, obtain office space, purchase technology, etc. The accounting profession is no stranger to long work hours and hefty workloads, especially during busy tax season.

accounting firms 98

accounting firms Account accounted accountant 98