Tue.Jun 03, 2025

article thumbnail

Checks are Surging Again and Causing Cash Flow Challenges

CPA Practice

A 2024 AFP survey found that 91% of US businesses still use checks, up from 75% the year before.

accounted 102
article thumbnail

Xero Simple is here for small businesses

Xero

From April 2026, small businesses, sole traders and landlords will need to change how they report income tax to HMRC. New legislation, known as Making Tax Digital for Income Tax (MTD for IT ), is set to be introduced, sparking a shift in financial reporting requirements. To comply with MTD for IT requirements, businesses will need to do three things: send quarterly updates on business income and expenses, keep digital records, and submit returns annually using MTD-compatible software.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Withum Breaks Into a New Market By Snatching PKF Texas From PKF Global

Going Concern

Well isn’t this something. Announced by the firm yesterday, New Jersey-HQ’d Withum grabbed Pannell Kerr Forster of Texas, P.C. (PKF Texas), a union made official on June 1, 2025. PKF Texas’s 20 partners and approximately 160 staff will be official Withumiers but stay at their office in Houston, presumably to serve clients the Withum way with a Texas twist.

Texas 59
article thumbnail

New Book Focuses on Mental Health for Accounting Pros

CPA Practice

Kristy Short writes about one of the most unspoken truths in our profession: that anxiety, depression, and burnout pervade todays workplace.

article thumbnail

How to Streamline Payment Applications & Lien Waivers Through Innovative Construction Technology

Speaker: Dylan Secrest, Founder of Alamo Innovation and Construction Digital Transformation Consultant

Construction payment workflows are notoriously complex when you consider juggling multiple stakeholders, compliance requirements, and evolving project scopes. Delays in approvals or misaligned data between budgets, lien waivers, and pay applications can grind progress to a halt. The good news? It doesn't have to be this way! Join expert Dylan Secrest to discover how leading contractors are turning payment chaos into clarity using digital workflows, integrated systems, and automation strategies.

article thumbnail

Xero Enables US Customers with Stripe Tap to Pay on iPhone

Insightful Accountant

Xero, a global small business platform, has launched Tap To Pay on iPhone, enabling Xero customers in the US with a Stripe account to seamlessly and securely accept in-person contactless payments with their iPhone and the Xero Accounting app.

article thumbnail

Cherry Bekaert Adds Spicer Jeffries in Colorado

CPA Practice

The top 25 accounting firm has expanded its presence in the Rocky Mountain region after acquiring Spicer Jeffries, a Denver-based CPA firm that provides services to the securities industry.

More Trending

article thumbnail

EY Launches Global Design, Sales, Marketing and CX Offering: EY Studio+

CPA Practice

EY Studio+ will combine the organizations full spectrum of services with the worlds leading talent in design, sales, marketing and customer experience.

Sales 52
article thumbnail

Thomson Reuters Debuts Agentic AI Tax and Accounting Platform

Insightful Accountant

Thomson Reuters (TSX/Nasdaq: TRI), a global content and technology company, has just unveiled its next major leap forward agentic AI systems.

article thumbnail

Accounting firms' tech goals for 2025

Accounting Today

Generative AI is the top tech tool that accountants are interested in, based on a report from Wolters Kluwer.

article thumbnail

Brian Kelly’s Real Estate Bookkeeping Strategy & Tech Stack

Insightful Accountant

In this episode of the Accounting Insiders Podcast, we sit down with Brian Kelly, founder of Kellcat Bookkeeping, to explore his unique business model focused on real estate investors and contractors in the Denver area.

article thumbnail

You upgrade everything else. Why not your close process?

You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes? It’s time for an upgrade. SkyStem's Guide to Month-End Close Software walks you through what today’s best tools can do (and what your team shouldn’t have to deal with anymore). Get smart, fast, and a whole lot less stressed when it’s time to close the books.

article thumbnail

Interim guidance simplifies corporate AMT

Accounting Today

Notice 2025-27 from the IRS offers an optional method for determining an applicable corporation for the corporate alternative minimum tax.

Tax 52
article thumbnail

Moving Sage Fixed Assets to the Cloud – What You Need To Know?

Ace Cloud Hosting

Sage Fixed Assets is a specialized solution designed to manage an organization’s fixed assets, including property, machinery, and equipment. It includes built-in accounting modules and automates depreciation tracking, helping streamline.

article thumbnail

Withum acquires PKF Texas

Accounting Today

WithumSmith+Brown acquired Pannel Kerr Forster of Texas, expanding its geographic reach into Texas and adding energy and oil-field expertise to its practice.

Texas 52
article thumbnail

Which Is the Correct Version of the Ten Commandments?

Withum

The state of Texas has legislation pending to require the Ten Commandments to be placed on the wall of every classroom. I have an opinion about that, but I will keep that private. What I want to do here is to indicate that there are various versions of the Ten Commandments, and I wonder whether the Texas legislators are aware of this. The version I read in the pending bill is similar to the Catholic and Lutheran versions (on my chart below), but I want to offer some background before you look at

Texas 52
article thumbnail

AI In Accounting: A Practical Roadmap For Smarter AP

Speaker: Gerald Ratigan

The accounts payable (AP) function is evolving and AI is leading the charge. As finance teams face rising invoice volumes and expectations for speed and accuracy, AI-powered automation has shifted from a futuristic concept to the most practical solution. But for finance leaders, success isn’t just about selecting the right tools, it’s about implementing the right strategy.

article thumbnail

The 2025 Wealth Magnets: Mastering the puzzle

Accounting Today

This year's collection of top CPA financial planners are focused on every different part of the puzzle.

CPA 92
article thumbnail

IRS Calls 2025 Tax Season ‘Successful’ Despite Staff Cuts, Revolving Door of Leaders

CPA Practice

The IRS completed a "successful 2025 filing season" with 87% of taxpayer phone calls answered by customer service representatives and average wait times of three minutes, the agency said last week, despite workforce reductions and leadership changes that have put the IRS at times in a state of turmoil.

Tax 71
article thumbnail

What the House gave the Senate: Inside the 'Big Beautiful' bill

Accounting Today

One sector that the bill is particularly positive for is real estate, experts say.

article thumbnail

Balancing Cash Burn and Growth in a Tough Fundraising Market

BurklandAssociates

The pendulum has swung from growth-at-all-costs to sustainable growth. Heres what founders need to know. The post Balancing Cash Burn and Growth in a Tough Fundraising Market appeared first on Burkland.

147
147
article thumbnail

Stop Budget Burnout: A Better Way to Grow Your Nonprofit in 2026

Speaker: Sean Yoder

Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.

article thumbnail

In the blogs: Whiplash

Accounting Today

Conquering tariffs; bracing for notices; FBAR penalty timing; and other highlights from our favorite tax bloggers.

Tax 52
article thumbnail

Pitfalls of sales tax compliance: tax calendars

TaxConnex

If your business sells a taxable product or service and has nexus in states, you have a sales tax obligation. Thats clear enough, but as your business evolves and states and tax jurisdictions change their statutes, you have to keep informed and on top of this potential problem. Last time, we looked at sales tax pitfalls in your billing system. What about your tax calendar?

Sales 147
article thumbnail

Total college enrollment rose 3.2%

Accounting Today

The National Student Clearinghouse Research Center published the latest edition of its Current Term Enrollment Estimates series.

Education 107
article thumbnail

Estate Tax Repeal Pending in Congress Raises Debate Over Charity, Wealth Gap

CPA Practice

A proposed repeal of the federal estate tax has advocates arguing about whether it would be a long-overdue fix for small business owners and farmers, or an unnecessary move widening the gap between the haves and have-nots even further.

Tax 52
article thumbnail

Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

article thumbnail

AI boosts productivity, wages

Accounting Today

PwC's 2025 Global AI Jobs Barometer report found that artificial intelligence is making workers more productive, valuable and able to demand higher wage premiums.

89
article thumbnail

Pivot Payables Announces Availability of its Accounting Automation Application on Amazon Business App

CPA Practice

This integration gives Amazon Business account holders the ability to issue scenario-based virtual credit cards directly within PivotLynx, enabling pre-approved purchases and eliminating the traditional post-purchase reconciliation process.

article thumbnail

How does VAT work? A guide for UK SMEs

Wellers Accounting

Mike Webb answers the question, how does VAT work for SME businesses. This blog provides you with the essentials and guidance on staying compliant.

article thumbnail

U.S. Job Openings Rose Unexpectedly in April While Hiring Picked Up

CPA Practice

Available positions increased to 7.39 million from a revised 7.20 million reading in March, according toBureau of Labor Statisticsdata published on June 3.

payroll 52
article thumbnail

Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

article thumbnail

Cherry Bekaert acquires Spicer Jeffries

Accounting Today

The Top 25 Firm based in Raleigh, North Carolina, has acquired a Denver-based firm with an extensive business in fund audits.

article thumbnail

Withum Strikes a Deal With PKF Texas

CPA Practice

Withum announced on June 2 that Pannell Kerr Forster of Texas, a public accounting, tax, and business advisory firm based in Houston, has joined the top 25 firm.

Texas 52
article thumbnail

Be Our Next Top ProAdvisor in Profile

Insightful Accountant

Insightful Accountant has already announced the 2025 Top 100 ProAdvisors, the Top 25 Up-n-coming ProAdvisors, and the Top 50 International ProAdvisors. Very soon, we will be announcing the various "Best of the Best" awards.

article thumbnail

Expert Tips For Attending Scaling New Heights 2025

Nancy McClelland, LLC

Note: this article is a semi-annual rewrite/update of my original one on QuickBooks Connect 2023. One of my favorite books when I was a kid was Hail, Hail, Camp Timberwood , about a girl who goes to summer camp for her first time. Shes standing around, feeling (and probably looking) uncomfortable as all the return campers are running around, hugging each other, excited to be reunited.

article thumbnail

Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.