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A new report reveals a dramatic shift in the expectations that businesses and individuals who use accountants have of those professionals, with findings that highlight the need for seamless technology, proactive communication, and personalized service. The 2024 Client Satisfaction Report , commissioned by accounting technology maker TaxDome , provides invaluable data to help firms adapt to the evolving needs of their clients.
Welcome to our monthly roundup of what’s new in Xero. This month, we’ve introduced updates designed to help you to get paid faster, streamline tax rules and regulations compliance, and manage your sales tax with ease. With enhancements from the ability to send invoices via SMS to improvements in Xero Tax and sales tax reporting, we continue to make Xero even better.
The Department of the Treasury and the Internal Revenue Service have issued Revenue Procedure 2024-31 PDF and proposed regulations to provide guidance for the Energy Efficient Home Improvement Credit. The revenue procedure provides procedures and requirements that a manufacturer of specified property must follow to be treated as a qualified manufacturer.
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Blog home Today, organizations are under increasing pressure to navigate the complexities of global tax regulations, ensure compliance, and optimize workflow processes using the latest advanced technology. Corporate tax leaders across all industries are looking for ways to simplify their tax, trade, and financial reporting workflows with tools that reduce risk, save time, and increase accuracy.
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IRIS Software Group (IRIS), a leading global provider of accountancy, education management, HR and payroll solutions, today announced a definitive agreement to acquire Dext Software Ltd (Dext), a leading bookkeeping automation platform provider. The acquisition will unite two sector-leading cloud-based platforms Dexts Bookkeeping Automation Platform and IRIS Elements to deliver a complementary and fully integrated, end-to-end solution for accountants, bookkeepers, and businesses.
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The prestigious award is based entirely on what current employees say about their experience of working at The TaxAssist Group. Following a recent staff survey, The TaxAssist Group is proud to be Certified by Great Place To Work. Great Place To Work is the global authority on workplace culture, employee experience, and the leadership behaviours proven to deliver market-leading revenue, employee retention and increased innovation.
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Barry's presentation at the Accountants Club of America included his thoughts about the future of small practices, which make up about 43,000 of the estimated 44,000 accounting practices in America.
Staff report The latest edition of the Public Company Accounting Oversight Board (PCAOB) Audit Focus series provides staff insights for auditors on audit committee communications. The new series of PCAOB staff guidance is intended to provide easy-to-digest information to auditors, especially those who audit smaller public companies. The regulator launched the Audit Focus series last month with critical audit matters as the first topic.
The Treasury Inspector General for Tax Administration completed thousand investigations over the past six months that contributed to more than $6.1 billion in tax savings.
As 2025 approaches, preparing your business budget should be a top priority. A well-crafted budget is more than just a financial planits a roadmap for navigating the fiscal year. However, effective budgeting starts with a strong foundation of accurate financial data. By outsourcing your accounting, you can ensure that your companys financial records are precise and organized, providing the essential groundwork for effective forecasting and strategic planning.
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
The nominee for head of the Securities and Exchange Commission, Paul Atkins, will pursue a more deregulatory and crypto-friendly approach than Gary Gensler.
Anders is hosting the firm’s annual Sip, Savor and Shop event. The event features a virtual boutique showcasing firm clients in the retail, entertainment and hospitality industries. In 2024, 26 vendors are participating, helping them access a larger audience during the holiday shopping season. Anders employees are gifted $100 each to encourage them to participate in the event, supporting local businesses and discovering new favorite products from out-of-town sellers.
Canopy's updated guide breaks down every change, update, and addition you will need to know for the 2025 tax season. Download our latest eBook to be the best-equipped tax accountant to help clients this upcoming tax season!
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
Perpetrators of fraud have plenty of schemes to choose from when cooking up their crimes. The fraud schemes range from petty theft by lower-level employees, all the way up to management cooking up stellar financial statements to dupe investors and lenders. Fraud prevention policies and procedures sometimes have a tendency to focus on the smaller [.
Menzies LLP - A leading chartered accountancy firm. The question every director needs to ask is are our companys Articles of Association still fit for purpose? A private company limited by shares must be incorporated with articles of association, which are the companys constitutional document, the Bible of the company, setting out the management and administrative conditions which the directors must follow when making decisions on behalf of the company, in relation to the quorum required, board
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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Workforce planning is a crucial part of ensuring that your business has the right people, with the right skills, at the right time. As businesses grow and evolve, workforce needs change, and planning ahead becomes key to navigating challenges. But with so much workforce data living in so many places, pulling the right information together can be a challenge.
Knowing how to distinguish between what is required by standards and what is opinion is crucial for auditors to confidently navigate these reviews and inspections.
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By Don Lee Los Angeles Times (TNS) Job growth rebounded in November from the weather-related stall in hiring the previous month, fresh evidence that the U.S. labor market remains healthy despite signs of a slowing economy overall, according to new government data released Friday. But the nations unemployment rate edged up to 4.2% last month from 4.1% as more people reported being unemployed and others left the labor force.
Good morning, numbernauts. Can I interest you in some news? This is fine. Everything is fine. Accounting errors force US companies to pull statements in record numbers, writes FT : The number of US companies forced to withdraw financial statements because of accounting errors has surged to a nine-year high, raising questions about why mistakes are going unnoticed by auditors.
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