Thu.Feb 13, 2025

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Filing trends to watch during the 2025 tax season

Accounting Today

As the new year's tax season begins, a look back at lessons from the 2024 filing season.

Tax 141
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Sales tax and the Navajo Nation

TaxConnex

Online businesses looking to do business on Native American tribal lands in the U.S. should know that sales tax obligations for these sovereign nations and territories resemble those obligations in other areas of the U.S. but can differ in important ways. Areas such as the Navajo Nation have tribal sovereignty; for tax purposes, this means their sales tax laws are separate from the states within which they reside.

Sales 213
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Your Critical Thinking Skills Might Suffer If You Use Gen AI at Work

Going Concern

Although we haven’t fully decided whether accountants are knowledge workers or manual laborers so long as accountants’ output is predominantly measured in billable hours, this recent paper as reported in 404 Media seems relevant to the sector nonetheless. Emanuel Maiberg writes : A new paper from researchers at Microsoft and Carnegie Mellon University finds that as humans increasingly rely on generative AI in their work, they use less critical thinking, which can result in the deteri

Education 104
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New York Set to Adopt Federal Centralized Partnership Audit Regime

Withum

New York plans to align with the federal centralized partnership audit regime as part of Governor Kathy Hochuls fiscal year 2026 budget. The 2026 budget proposal would amend various tax law provisions and introduce a new section, 659-a, detailing how partnerships must report federal changes and pay any resulting tax on behalf of their partners.The proposal aims to clarify New York state reporting requirements since the IRS started its partnership audit initiative in 2018.

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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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Reduce Employee Turnover Rate in Your Skagit County Small Business

SkagitCountyTaxServices

Saving money isnt a good priority in your business. I know, a shocking statement by any means, but especially in our current inflationary reality. But, heres what I mean If were speaking strictly in terms of getting your costs down, it’s understandable why youd prioritize anything that gets you savings. When prices go up, you have to adjust for that.

Tax 56
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New IRS Guidance on Cryptocurrency Complicates Reporting But Includes Temporary Safe Harbor

CPA Practice

With cryptocurrency's increase in popularity, the IRS has introduced some complicated reporting requirements to ensure compliance with U.S. tax laws.

Tax 121

More Trending

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Elections, inflation drive sales tax pressures

Accounting Today

Expect rates to rise and audits to increase as cash-strapped states and localities feel the crunch.

Sales 107
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GAAPweb Salary Survey 2025

Accounting Insight

GAAPweb, the UKs leading finance and accountancy job board, has launched their 2025 Salary Survey. Building on the success and invaluable insights garnered from previous surveys, GAAPweb are reaching out for audience contributions. 2024 was a year characterised by resilience in both employers and employees alike. Responses from finance and accountancy professionals allow GAAPweb to garner crucial insights into finance employment, highlighting the current trends and challenges the finance sector

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Bluebook Raises $3M to Build AI Agents for Accounting Firms with Pre-Seed Led by EQT Ventures 

CPA Practice

The software consolidates globally applicable accounting principles into a central repository of knowledge, serving as a pivotal platform for the collection and analysis of crucial financial data.

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Caseware AiDA™ Achieves Positive Evaluation of AI Risk Assurance Safety Protocols from Holistic AI Governance Platform

Accounting Insight

Ca seware confirms security of client confidential information and response reliability with independent assessment of its AI digital assistant Caseware , a global leader in cloud-enabled audit, financial reporting and data analytics solutions, has today announced that Holistic AI, makers of the leading AI governance platform for the enterprise, has been chosen as a strategic foundation of Casewares AI strategy to provide ongoing assurance and visibility of Casewares rigorous safety standards fo

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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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Thirteenth Anniversary Blog

Withum

This is the 1,162 nd blog I have posted in the last thirteen years without missing a week. I posted twice a week for the first eight and a half years and then once a week. I posted my first blog on February 7, 2012, and while I think everything will last forever, most things do not. Things, people and circumstances change. However, my blog’s focus and topics haven’t changed – much.

Tax 52
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TaxAssist and Intuit QuickBooks forge Strategic Alliance

Accounting Insight

New collaboration will drive practice efficiency, ahead of the MTD for Income Tax mandate TaxAssist Accountants is pleased to announce a new strategic alliance with Intuit QuickBooks , which recognises TaxAssist as an important growth ally. Intuit QuickBooks became a preferred supplier of TaxAssist in 2013 and its software already dominates the network.

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Tax Fraud Blotter: Shame shame

Accounting Today

Careless; the PTIN shuffle; time for Time; and other highlights of recent tax cases.

Tax 96
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2025 ESG Health Check: What CFOs Need to Know

CPA Practice

Here are a few key items that CFOs need to answer as they health check their ESG oversight capabilities and seek to make sure that their organizations can meet these challenges in 2025 and for years to come.

Account 90
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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.

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Business leaders see risks in economy, cyber threats and talent

Accounting Today

The economy is the No. 1 risk cited by a group of business leaders, according to a new survey from Protiviti and North Carolina State University.

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Top Remote Accountants of the Week | February 13, 2025

Going Concern

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Sign up now to view the complete candidate list and connect with potential hires.

Account 52
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PCAOB Posts Knowledge Checks on New Quality Control Standard

CPA Practice

The Public Company Accounting Oversight Board has posted a new series of knowledge checksdesigned to help auditors gauge their understanding of important aspects of the regulator's new quality control standard, QC 1000,A Firms System of Quality Control.

auditor 88
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Sage beefs up AI, automation capacities in Intacct

Accounting Today

Accounting and ERP solutions provider Sage announced new AI-driven improvements to its Sage Intacct product, particularly its generative AI Sage Copilot feature.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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CPE Webcast – Mar. 26, 2025: Helping Clients Set Up Their Remote Employees

CPA Practice

Many businesses have team members across state lines, and you may have clients with remote employees in other states. Payroll can get confusing and tricky in these situations.

payroll 87
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Meta Workplace Alternatives: Is Microsoft Viva Engage the Best Fit?

Withum

Ever since Meta, formerly known as Facebook, announced it would be discontinuing its enterprise communication platform, Workplace, organizations have been searching for ways to fill the gap. With the news of Meta Workplace shutting down, many teams are actively exploring Meta Workplace alternatives to ensure their communication and collaboration needs are met.

59
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KSDT CPA Merges in Colbert & Boue in Florida

CPA Practice

Miami-based KSDT CPA is merging with Colbert & Boue, an accounting firm based in Coral Gables, FL, a move that strengthens the top 200 firm's presence in Miami-Dade County and marks the opening of its fourth South Florida office.

Florida 84
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Think of yourself as a life planner

Accounting Today

Help clients create the ideal life for themselves first and then work backward to help them get there financially.

59
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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Gartner Survey Shows Majority of CFOs Plan to Boost Technology Budgets in 2025

CPA Practice

Despite ongoing economic and geopolitical disruption, CFOs are planning significant technology budget increases, viewing digital investments as crucial for growth and efficiency, according to Gartner, Inc.

Account 84
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Xero Announces Leadership Changes

Insightful Accountant

Xero has announced two leadership changes in the areas of 'People' and 'Finance'.

Finance 52
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Sage Intacct Adds AI Tools and Features to Boost Finance Teams

CPA Practice

These latest enhancements help finance teams save time, get trusted insights faster, and focus on growth by simplifying compliance, enhancing decision-making, and improving operational efficiency.

Finance 80
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Registration for June's Sage Future Convention Now Open

Insightful Accountant

Sage Future is formerly replacing Sage Transform as the new Sage conference. Registration has just opened for the event being held June 3-5, 2025 at Atlanta's Georgia World Congress Center.

Georgia 52
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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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ION Partners with Avalara to Tackle Tax Compliance Risks in Energy Trading

CPA Practice

The integration will offer energy companies an automated, more accurate, and scalable tax compliance solution, enabling real-time tax calculation, reducing reliance on manual processes, and minimizing errors.

Tax 71
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App Aware: Datisfy for Manufacturing & Wholesale

Insightful Accountant

Murph wants to make you aware of 'report suite' designed to address data visibility gaps for manufacturers and wholesalers who are trying to operate with QuickBooks Enterprise.

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Aprio Aims to Enter Legal Industry by Combining with Law Firm in Arizona

CPA Practice

The top 30 accounting firm is planning to merge with Scottsdale, AZ-based boutique business law firm Radix Law this spring to form the Arizona law firm Aprio Legal, a move that could set off a wave of other CPA firms entering an industry that was once considered off limits.

Arizona 59
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How to Build an Accounting Tech Stack for Your Firm

Ryan Lazanis

Building an accounting tech stack? Learn why it matters, must-have tools, and pro tips to fully streamline your firm's operations. The post How to Build an Accounting Tech Stack for Your Firm appeared first on Future Firm.

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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.