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The Top Challenges Faced by Corporate Tax Pros

CPA Practice

The latest survey from Bloomberg Tax & Accounting shows the biggest issues faced by corporate tax departments, as well as trends in the industry. According to the new survey, three-quarters of tax departments report experiencing difficulties in recruiting and retaining talented tax professionals.

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What New York-Based Tech Companies Should Know About QETC Filings

Shay CPA

The state of New York offers some serious tax perks for tech startups operating within its borders. Specifically, if you can get certified as a qualified emerging tech company (QETC), you and your investors can claim some meaningful credits to lower your tax liability. So, does your startup count as a QETC? Let’s dig in.

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How Stage 1 Financial Taps Automation to Help Startups Wrangle Tax Complexity

CPA Practice

To help manage these processes, they often turn to a certified public accountant, a technology they can use in-house, or both. These processes often include accounting and CFO services, financial planning, transaction services, corporate tax compliance and, increasingly, state and local tax compliance, including sales and use tax reporting.

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4 Ways Finance and Accounting Pros Can Adapt Now to Working With Generative AI

CPA Practice

And for well over a third (38%) of workers in the profession recently surveyed by Robert Half, generative AI is one technology that they expect will make a positive impact on their careers. It is to your benefit to begin building a productive relationship with this powerful technology today. But generative AI is different.

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Friday Footnotes: Inside PwC Cheating; Audit Market Monopoly; AI Anxiety | 12.15.23

Going Concern

According to the CPA Ontario settlement agreement , PwC self-reported that 445 of its professional staff across its Ontario offices, primarily in its assurance practice, participated in answer sharing during mandatory internal training assessments between 2016 and 2020. What’s more, the use cases for the chatbot were evident.

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Bookkeeping Fundamentals for Small Business Owners

DuctTapeMarketing

Marketing Automation. In today’s digitally forward world, small business owners need to leverage available technology as much as they can. They simplify your bookkeeping and accounting and deliver the financial attention you deserve, unlike a traditional CPA relationship where the focus may not be on your big picture.

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ICPAS SUMMIT23 Returns Offers Summer CPE and Networking Event for Accounting and Finance Professionals

CPA Practice

The Illinois CPA Society’s (ICPAS) annual educational event for accounting and finance professionals aims to help attendees navigate the future and expand their possibilities. Beyond the keynotes, innovative learning tracks will cover the areas of accounting, auditing, corporate finance, ethics, personal development, tax, and technology.