Wed.Mar 05, 2025

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Revolutionize Your Payroll Process: Templates Every Accounting Firm Needs

Canopy Accounting

As an accounting firm owner, I understand the frustrations that come with managing workflows. Whether its remembering how we handled a similar payroll situation last time, onboarding new clients, or juggling different employee preferences, inefficiencies can pile up. But what if you could wave goodbye to all that hassle of starting from scratch? Stick with me, because Im about to show you how payroll workflow templates can revolutionize your processes.

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The 2025 Fastest-Growing Firms

Accounting Today

The 25 accounting practices with the highest revenue growth in percentage terms in 2024 from Accounting Today's Top 100 and Regional Leaders list.

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N.J. Accounting Professor Sentenced to Prison For Tax Evasion

CPA Practice

Gordian A. Ndubizu was sentenced to two years in prison after being convicted on Aug. 15 of four counts of tax evasion and four counts of filing false tax returns in tax years 2014 through 2017.

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Why Your CPA Wants Your Prior Tax Returns (And Why It’s Not Just About Taxes)

LSLCPAs

Picture this: Youve just started working with a new CPA. Youre ready to hand over your financials, discuss your goals, and get down to business. Then they ask, Can you send over your last few years of tax returns? You pause. Why? Cant you just handle this years taxes? Great question! And the answer is: The post Why Your CPA Wants Your Prior Tax Returns (And Why Its Not Just About Taxes) appeared first on LSL CPAs.

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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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A Guide to Understanding the U.S.-Canada Trade War – June 6, 2025

CPA Practice

Many policymakers on both sides of the border oppose the tariffs and hope they wont last. In the meantime, Canada is taking a hard line in response to the U.S. tariffs on Canadian goods.

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Scammers are 'relentless' this season: IRS

Accounting Today

The newest edition of the Internal Revenue Service's Dirty Dozen tax scams shows that fraudsters going at it as strong as ever.

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More Trending

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5 Ways to Know if Unretirement is Right For You

CPA Practice

Unretirement means you dont have to stay retired. With the rising cost of what seems like everything, you might be forced back to work even if you were comfortable in retirement.

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AICPA, NASBA look for feedback on CPA licensing changes

Accounting Today

The proposal would create an additional pathway to CPA licensure through changes in the Uniform Accountancy Act model legislation used in states.

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NATP Offers Job Resource For Tax Pros Affected By IRS Layoffs

CPA Practice

The National Association of Tax Professionals said it's trying to bridge the gap between recently displaced IRS workers and tax and accounting firms in need of skilled professionals.

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Revolutionizing Tax Season: Innovative Strategies to Combat Burnout

Insightful Accountant

Jennifer Mitchell, founder of Washington State-based firm Account Sense, recently shared in an interview that she doesn't say "tax season" anymore. Instead, she's reframed it as "filing season" or "planning season".

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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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No, you're not getting an 'Economic Impact Payment'

Accounting Today

The Better Business Bureau is warning about a current text scam that uses a '$1,400 Economic Impact Payment' as bait.

Tax 59
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Intuit to Sunset 2022 QuickBooks Desktop Products

Insightful Accountant

May 31, 2025 is the sunset date for all 2022 QuickBooks Desktop Products. After that date 2022 Desktop Products will no longer be supported.

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Virginia's alternative CPA pathway opens new doors

Accounting Today

Virginia's newly adopted CPA licensure pathway serves as a model for how practical experience can be every bit as valuable as classroom hours.

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Referral Programs for Accounting Firms

Ryan Lazanis

Most firms take a passive approach to referrals, but a proactive strategy can bring in high-quality clients if done the right way. The post Referral Programs for Accounting Firms appeared first on Future Firm.

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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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Mastering Client Relationships: High-Trust Conversations for Accountants with Mary Schmid

Insightful Accountant

In this episode of the Accounting Insiders Podcast, host Gary DeHart sits down with conversation expert Mary Schmid to explore the power of high-trust conversations in accounting.

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Aprio acquires JMS Advisory Group

Accounting Today

The Top 25 Firm has acquired a firm that specializes in unclaimed property compliance and escheat process development, also based in Atlanta, like Aprio.

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What expenses are deductible if you are self-employed?

Inform Accounting

If you are self-employed, you will pay tax on your taxable profit. In working out your taxable profit, you can deduct certain expenses that you have incurred in running your business. The basic rule is that expenses can be deducted if they are incurred wholly and exclusively for the purposes of the trade.

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Small businesses saw moderate job growth in February

Accounting Today

Small business employment held steady last month, according to payroll company Paychex, while wage growth continued below 3%

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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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As Federal Layoffs Plunge Workers Into a Tough Labor Market, Here’s How to Prepare For the Worst

CPA Practice

With low confidence in their careers and a significant number of Americans concerned about their financial situation in case of a job loss, its more important than ever for all workers to prepare financially for the future.

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Private sector slowed hiring in February

Accounting Today

Private sector employers added 77,000 jobs in February, while annual pay grew 4.7% year over year, payroll processor ADP reported Wednesday.

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Corporate Transparency Act enforcement suspended? What tax and accounting professionals need to know

ThomsonReuters

Jump to Breakdown of the Treasury Department’s decision to suspend the CTA What happens next? Understanding the changes in the Corporate Transparency Act enforcement In an effort to alleviate the regulatory burden on American businesses, the U.S. Treasury Department has recently announced the suspension of enforcement of the Corporate Transparency Act (CTA).

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How to evaluate AI solutions for tax

Accounting Today

For tax professionals considering AI-powered solutions, accuracy, integration and industry specificity are critical factors to evaluate to enhance workflows.

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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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5 Essential KPIs to Boost Your E-Commerce Growth

AccountingDepartment

In the dynamic world of small business, staying ahead means constantly measuring and optimizing performance. That's where Key Performance Indicators (KPIs) come in. These metrics help business owners, entrepreneurs, and startups monitor their progress, identify areas for improvement, and make data-driven decisions. Now that we understand the importance of KPIs, let's focus on the top 5 essential KPIs for e-commerce businesses.

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IRS said to be planning to lay off half of workforce

Accounting Today

The Internal Revenue Service is reportedly making plans to lay off up to half of its 90,000-person workforce.

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AI for tax professionals: A guide

ThomsonReuters

Blog home Jump to Use cases: AI for tax work Enhancing value to clients with AI Reducing AI concerns Adopting AI for the future Statistics from the Future of Professional Report The most recent report shows that AI’s anticipated workplace impact continues to grow, with 77% of respondents expecting it to highly or transformationally affect their work within five years.

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Microsoft Teams Productivity: Team Up With Power Automate

Withum

In the modern workplace, staying connected and working efficiently are more important than ever. Many organizations rely on Microsoft Teams for daily collaboration; it is the go-to platform for collaborating with colleagues, holding meetings, sharing files and keeping everyone in the loop. But did you know that you can take your Teams experience to the next level withPower Automate?

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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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Transforming Toxic Workplace Cultures with Brittany Malidore

Canopy Accounting

In this episode of Canopy Practice Success, Brittany Malidore, co-founder and managing partner of Ledgerly Consulting, discusses how bullying isn't just a childhood issue but a prevalent problem in professional settings. Brittany emphasizes the importance of creating empathetic and accountable workplace cultures to combat toxic behaviors. She introduces the CARE frameworkCommunicate with Empathy, Align Expectations, Resolve Conflict, and Empower Vulnerabilityas a guide for fostering healthy work

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Finance leaders: cloud concerns are holding you back!

Accounting Insight

Finance transformation doesnt have to be daunting. For businesses, the process of adopting new tech, investing in new people skills, and re-imagining old ways of working, can be an exciting one. And one that unlocks great potential, and resilience, for the future. That said, the fear of losing access to historical data, facing hidden costs, or struggling to prove a return on investment (ROI) to senior leadership is understandable.

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Part 1: A tax leader’s perspective on evolving corporate tax roles and technology integration

ThomsonReuters

Blog home How do corporate tax professionals view emerging hybrid roles integrating traditional expertise with cutting-edge technology? According to the 2025 Corporate Tax Department Technology Report , theyre increasingly recognizing the impact these roles are having on the industry. Over half of respondents expect their responsibilities to change within the next three to five years due to technology advancements, and nearly two-thirds of larger companies anticipate such changes.

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Understanding the R&D Tax Credit for NOL Companies

Shay CPA

The federal R&D tax credit is designed to incentivize companies engaged in qualified research activities. For early-stage companies without taxable income, the credit can be used to offset payroll taxes instead of income tax liability. However, this benefit isnt immediate due to two key timing factors: Filing Delays : Most companies extend their corporate tax return and wont file until October 15th.

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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.