Fri.Jun 13, 2025

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Marketing has moved on but has your firm kept up?

Accounting Web

Practice strategy

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AICPA Submits Recommendations for 2025-2026 Priority Guidance Plan

CPA Practice

The recommendations come from the AICPA’s Tax Technical Resource Panels and cover 10 areas, including corporations/shareholders, employee benefits, and exempt organizations.

Tax 90
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Tech news: TaxPlanIQ adds new features

Accounting Today

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

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PCAOB Docks Heaton & Co. $35K, Partner $25K for Multiple Audit Failures

CPA Practice

The Utah-based firm and its founder/partner Kristofer Heaton were fined on June 12 for audit documentation, engagement quality review, and quality control failures involving five audits.

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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.

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Firms seeing more profits and clients

Accounting Today

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

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Avoid Tax Scams with Mike Habib EA’s Trusted Tax Expertise

MyIRSRelief

Tax season is a time of opportunity—and vulnerability. Scammers exploit the complexity of tax laws to target unsuspecting individuals and businesses, promising quick refunds or miraculous IRS resolutions that often lead to financial loss or serious legal trouble. With over 20 years as a licensed Enrolled Agent (EA), I’ve seen the devastating impact of these schemes.

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More Trending

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Friday Footnotes: EY Toilet Cleaners Protest Pay; People Feel Some Type of Way About CPA Limitations | 6.13.25

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default.

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What PE means for the future of accounting

Accounting Today

How will private equity consolidation affect the accounting business, and what do firms and their clients need to look out for as the marketplace evolves?

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KPMG Elects Will Williams as Next Americas Region Chair

CPA Practice

Williams, vice chair of operations for the U.S. Big Four firm, will take over as chair of KPMG's Americas region on July 1, succeeding Paul Knopp, who has held the position since 2020.

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On the move: KPMG elects next Americas chair

Accounting Today

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

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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.

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How to sign up for MTD for Income Tax

Accounting Web

HMRC & policy Tags HMRC Income tax Making tax digital

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New York passes licensure changes bill

Accounting Today

The New York State Legislature passed a bill establishing an additional pathway to CPA licensure, and another bill authorizing the use of electronic signatures.

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Two More Accounting Firms Join Ascend Platform

CPA Practice

San Luis Obispo, CA-based Glenn Burdette and Saltmarsh, Cleaveland & Gund, which has offices in Pensacola and Tampa, FL, were the latest to join Ascend on June 1.

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How AI is redefining roles, creating new value in accounting and tax

Accounting Today

AI is no longer just a distant concept, as we're already seeing it reshape day-to-day functions within accounting.

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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.

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How to Establish a PMO: Structure, Process and Strategy for Success

Withum

Strong governance is critical to the success of any organizational project, but making informed decisions, mitigating risk, managing resources and ensuring quality doesn’t come easy. Especially when juggling multiple initiatives! That’s where a Project Management Office (PMO) proves invaluable. A well-structured PMO structure provides the oversight and framework needed to align projects with strategic goals, maximize efficiency and deliver consistent results.

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Trump tax bill would help the richest, hurt the poorest, CBO says

Accounting Today

The House version of the massive tax and spending bill would deliver a financial blow to the poorest Americans but be a boon for higher-income households.

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When MTD meets PCRT: What the new guidance means

Accounting Web

HMRC & policy

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Layoff Fears Leave 1 in 3 U.S. Workers Scared to Use PTO

CPA Practice

Rising job insecurity is reshaping how Americans are approaching vacations this summer, as 29% of workers say recent layoffs or fear of job loss have made them hesitant to take time off for fun in the sun, according to a new report.

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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.

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Navigating Job Site Challenges For Small Construction Businesses

Randal DeHart

As a small construction business owner, you're not just a builder; you're a problem-solver, a negotiator, a project manager, and often, the first one on-site and the last one to leave. While the vision for a completed project is always clear, the path to getting there is often paved with unforeseen challenges, daily inconveniences, and persistent problems.

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10 States Where People Have the Highest Incomes

CPA Practice

WalletHub set out to find the states where people make the most money by analyzing the average annual income of the top 5% of each state, the average income of the bottom 20%, and the median income for all residents.

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Investor anxiety over 'revenge tax' is overblown, Barclays says

Accounting Today

A controversial provision in Trump's tax bill aimed at penalizing countries with "unfair" tax regimes is unlikely to disrupt U.S. bond and stock markets.

Tax 45
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Ex-Celebrity Lawyer Michael Avenatti Gets Nearly 8 More Years in Prison at Resentencing

CPA Practice

The once-swaggering lawyer who represented adult film star Stormy Daniels in her court battles against President Donald Trump, was resentenced June 12 to 11 years in prison for dodging taxes and stealing millions of dollars from clients.

Tax 67
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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

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HMRC warns online retail sector about R&D agents

Accounting Web

HMRC & policy

Retail 68
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Cost of Trump’s Tariffs Hits Home, as Several Goods and Services Surge to Record Highs

CPA Practice

President Donald Trump’s trade war is affecting Americans from the grocery store to electric bills, with the cost of bananas, ground beef and electricity surging to all-time highs.

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Building a Practice: Utilise your expertise and experience

Accounting Web

Practice strategy Tags Leadership and strategy Start up in practice Strategy

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We Want Your Top ProAdvisor Profile

Insightful Accountant

We are a little more than a week away from announcement of the ProAdvisor Categorical Awards, the ProAdvisor of the Year, the Up-n-coming ProAdvisor of the Year, and the International ProAdvisor of the Year at Scaling New Heights 2025.

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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

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Benefits of AP Automation for SMEs That Go Beyond Cost Savings

Accounting Web

Finance & strategy Tags Accounts Automation Finance

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App Aware - Erplain and Stockpit

Insightful Accountant

Today, you get "two, two, two App Aware (features) in one." You might remember a similar chime from 'certs.' Yes, I am going to strive to make you 'app aware' of both Erplain and Stockpit.

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How to Leverage Accounting Automation to Improve Efficiency

Accounting Web

Practice strategy Tags Automation Finance Leadership and strategy

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How Switching to Staffology Modernised Payroll for an Accountant of 30 years

Accounting Web

Practice software Tags IRIS Payroll

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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.