Tue.Feb 18, 2025

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Accounting profs adapt to AI amid cheating concerns

Accounting Today

The rise of generative AI has led to AI-guided cheating, and accounting educators are seeing it in their own classrooms.

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A Founder’s Guide to Building a Biotech Dream Team

BurklandAssociates

Strategies and best practices to help your biotech startup attract top talent, build a strong team, and drive innovation for long-term success. The post A Founders Guide to Building a Biotech Dream Team appeared first on Burkland.

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Should You Use Your Tax Refund to Pay Off Debt?

CPA Practice

A refund has the potential to make a serious dent. The average refund amount in 2024 was $3,138, according to the IRS. But is paying down debt the best way to spend that money?

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Priorities for CFOs in 2025

Accounting Today

Financial leaders are looking forward to the new opportunities that 2025 will bring, while keeping an eye on potential risks that may carry over from 2024.

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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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Are Married Couples Considered Partners in LLCs?

CPA Practice

You live together, you work together, you may even have children together. But does being partners in life automatically make you partners in business?

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Virginia adds path to CPA licensure

Accounting Today

Virginia, Pennsylvania and Minnesota made headway in adding alternative pathways to CPA licensure.

More Trending

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Citrin Cooperman buys HW&Co.

Accounting Today

The Top 25 Firm has acquired a Regional Leader, its first acquisition since Citrin's private equity backer changed from New Mountain Capital to Blackstone.

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Prismatic Rebrands as Asseta, Turns Focus to Family Offices

CPA Practice

"We are unveiling our new brand to solidify our mission to build the best technology suite for wealth, estate planning, workflow automation and agentic AI for family offices, said Dean Palmiter, co-founder and CEO of Asseta.

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Tax Relief for Los Angeles County Wildfire Victims: Extended Deadlines & Property Tax Relief

CapataCPA

Tax Relief for Los Angeles County Wildfire Victims: Extended Deadlines & Property Tax Relief In response to the devastating wildfires in Los Angeles County, federal and state authorities have announced significant tax relief measures for affected taxpayers. At CAPATA, we are closely monitoring these developments to ensure our clients receive the support they need.

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Citrin Cooperman Acquires HW&Co. in Ohio

CPA Practice

The PE-backed top 20 firm said Tuesday it has acquired substantially all the assets of HW&Co., a Woodmere, OH-based accounting and advisory firm that is among the top 300 largest in the U.S. by revenue.

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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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The regulatory forecast: Less, and lighter

Accounting Today

Under the new administration, accountants can expect a lighter hand from the Public Company Accounting Oversight Board and other regulators.

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Ignition Debuts AutoPricing to Automate Growth for Services Businesses

CPA Practice

AutoPricing is a new suite of pricing automation capabilities to help professional services businesses increase prices in bulk to grow revenue and improve profitability, Ignition says.

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IRS layoffs expected despite tax season assurances

Accounting Today

The Internal Revenue Service is reportedly planning layoffs of thousands of first-year probationary employees in the midst of tax season as soon as this week.

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Social Security Acting Chief Quits Over Musk-Led Hunt for Data

CPA Practice

Social Security Agencyacting commissionerMichelle King has reportedlyresigned in protestover the effort led by billionaireElon Muskto gain access to recipients personal information.

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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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Sales tax registration: The latest and what’s involved

TaxConnex

Its been almost seven years since the Supreme Courts South Dakota vs. Wayfair decision opened the door for remote sellers sales tax obligations in almost every state. In that time, online businesses need to get sales and use tax registration right has only intensified. Many businesses can now feel overwhelmed with managing sales tax obligations and by the number of applications they must file in every state where they have an economic or physical nexus.

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My Opinions About 2024’s Stock Market Performance

Withum

The suggestions and illustrations in this blog are not intended as financial advice. They are my personal opinions. Taking a Short-Term Versus Long-Term View In the short term, many factors will affect stock prices sometimes all at once and sometimes just one or two factors, depending on the current issues of concern. The following list includes some of the factors that may affect stock prices and the values of the companies represented.

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IRS memo sets stage for Musk advisor to access taxpayer data

Accounting Today

The IRS would give a temporary detail to provide software engineering expertise to a special advisor to the director at the Office of Personnel Management.

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Bessent: DOGE Effort Has Saved Estimated $50 Billion Thus Far

CPA Practice

Treasury Secretary Scott Bessent said Americans dont have to be concerned about any of this, referring to attempts by the DOGE team to access a broad range of taxpayer data, including on individuals.

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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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Is Unlimited PTO A Game-Changing Perk or a Formula for Chaos?

Basis 365

Imagine walking into an office where employees can take time off as needed without worrying about earning or losing daysa workplace built on trust and flexibility. However, "unlimited" PTO isnt as open-ended as it sounds. To prevent potential abuse and protect the business, clear guidelines and conditions must be in place. In fact, some argue that calling it "Uncapped PTO" better captures its true nature: theres no preset maximum limit, but there are defined rules to ensure fairness and accounta

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Master the Art of Marketing Agency Management with Four Steps

Summit CPA

Growing your creative agency requires more than landing great clients and big contracts. A lot must happen internally to ensure you've built the infrastructure to sustain your agencys growth, from evaluating your current responsibilities as a creative agency owner and hiring the right people to revisiting your professional goals and determining a path forward.

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How accountants can build and maintain trust in an AI-driven world

Mark Lee

Trust has always been the foundation of strong client relationships. But in a world where AI and large language models (like ChatGPT) are becoming increasingly popular, the need to show clients they can trust you has never been more important. Clients have long had the facility to search online and to access instant answers, generic advice, and now also have automated solutions at their fingertips.

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Expect a tempest in tax under Trump

Accounting Today

From the International Revenue Service to international issues, the second Trump administration promises plenty of change in the world of tax.

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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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Where are we now with cryptoasset regulation?

Menzies

Menzies LLP - A leading chartered accountancy firm. The UK is attempting to position itself as a reliable place for cryptoasset entities to do business. It wants to use its position as a Financial Services centre to encourage firms in the sector to base their operations here. It is doing this as it can see the potential benefits to consumers of utilising crypto to improve the overall payments system.

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Tuesday Morning Accounting News Brief: Deloitte Report Says India Outsourcing Will Increase (Duh); More Work Means You’re Liked at Work | 2.18.25

Going Concern

We’re doing the news brief today because yesterday was President’s Day. I’m saying that because I’m sure many of you weren’t aware some people had yesterday off. Some obvious news from Economic Times of India: Indias outsourcing landscape is undergoing a significant transformation, with 81% of organisations planning to increase their outsourcing efforts over the next three to five years, according to Deloittes latest report, The outsourcing compass: Decoding strateg

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Do you pay subcontractors to carry out construction work?

Menzies

Menzies LLP - A leading chartered accountancy firm. HMRC have recently released a YouTube video, aimed at Subcontractors, explaining that Contractors in the Construction Industry Scheme (CIS), who make CIS deductions, are required to ensure that the cost of any materials charged on the invoice is correct, and if no evidence is provided, the Contractor can make an estimate based on what they think is reasonable.