Accounting Today

JANUARY 22, 2025

Charles Hoffman believes the accounting industry is poised for a major shift toward machine-understandable artifacts and semantic knowledge graphs.

accounted 69

accounted Account accountant accounting software 69

GrowthForceBlog

JANUARY 22, 2025

8 min read January 21st, 2024 Every nonprofit leader has a duty to be a responsible, honest, and trustworthy steward of their financial resources. Key Takeaways Foster Financial Transparency: The need for financial transparency in a nonprofit is paramount. Not only does financial transparency support and strengthen donor trust, but it also creates accountability.

accounting and finance 112

accounting and finance Finance accounted Account 112

CTP

JANUARY 22, 2025

Saving for retirement is one arena where tax planners can provide value to their clients. Even your financially savvy clients may not be aware of the strategies they can use to increase the amount of money available during retirement and decrease the amount lost to taxes. One underutilized strategy is to leverage health care savings tools. According to the Fidelity Retiree Health Care Cost Estimate, the average 65-year-old will need about $165,000 to cover health care expenses during retirement.

Tax 89

Tax Expense Reimbursements Non-Profits accounted 89

Withum

JANUARY 22, 2025

On January 6, 2025, the Pension Benefit Guaranty Corporation issued Technical Update 25-1, lending guidance on the timing of premium payments for all 2025 Plan Years. Per Section 502 of the Bipartisan Budget Act of 2015 , the premium filing due date for all plans is the 15 th day of the ninth calendar month that begins on or after the first day of the plan year.

69

69

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

Tax

Xero

JANUARY 22, 2025

While its often referred to as self assessment season we know in reality most of you spend 10 months of the year preparing for the 31 January deadline. However, theres always that last minute rush of chasing missing data from clients which makes January a stressful time. We recently teamed up with Accounting Web to put together a special report with some helpful tips for making self assessment season less stressful and more efficient.

bookkeeping 57

bookkeeping Tax accounted Account 57

Withum

JANUARY 22, 2025

As businesses continue to explore AI integration, it’s crucial to prioritize key business areas that will enhance overall business resilience, improve efficiency and ensure robust data protection. In this post, well explore four critical business strategies that businesses should focus on to navigate these changes effectively. 4 Key Business Strategies 1.

Technology 59

Technology Government 59

CTP

JANUARY 22, 2025

Rising health care costs are becoming a financial obstacle for many retirees. The Fidelity Retiree Health Care Cost Estimate found that the average 65-year-old retiree will need about $165,000 to cover their total health care expenses. What if you could save for these necessary expenses and lower your tax liability at the same time? Many taxpayers may be eligible for savings vessels, such as health savings accounts (HSAs), flexible spending accounts (FSAs), and health reimbursement arrangements

Tax 52

Tax Expense Reimbursements Non-Profits corporation tax 52

Shay CPA

JANUARY 22, 2025

Running any business comes with a small mountain of paperwork. Theres all the documentation you need to file at founding. You need to manage your annual filings with the IRS and applicable state tax authorities. You need to periodically renew registrations, licenses, etc. And now, to top it all off, businesses might have another piece of paperwork to deal with: the beneficial ownership information (BOI) filing.

Texas 52

Texas Legal Alabama CPA 52

Canopy Accounting

JANUARY 22, 2025

Rusty Fulling, founder of Fulling Management and Accounting, joins us on this episode to discuss his journey of building a thriving firm. Rusty shares candid lessons from his 25-year career, from the challenges of managing culture in a remote environment to the power of core values. If youre leading a virtual team or looking for ways to grow your firm, this episode is packed with insights you won't want to miss.

Account 59

Account accountant accounted 59

Reckon

JANUARY 22, 2025

Its a new year for businesses across Australia, and you may be looking to jump-start the engine that once ran smoothly in 2024. With 12 months ahead of you, the best way to get underway is through proper planning with a roadmap. For any roadmap, it is important to have clear and achievable goals for your business, with key dates and goals that will motivate you for the year ahead.

payroll 52

payroll income tax bookkeeping Sales 52

Advertisement

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

Account

Accounting Today

JANUARY 22, 2025

More states are expected to simplify their sales tax laws and leverage artificial intelligence for doing tax audits, according to a new report from Avalara.

Tax 122

Tax audit Sales 122

LSLCPAs

JANUARY 22, 2025

Local governments face financial risks every day, from overreliance on a single industry to unexpected natural disasters. These risks, often hidden in plain sight, have long lacked formal disclosure requirementsuntil now. GASB 102: Certain Risk Disclosures is the latest initiative from the Governmental Accounting Standards Board (GASB) to bring transparency to these vulnerabilities.

cpas 52

cpas accounting standards Government Account 52

Accounting Insight

JANUARY 22, 2025

Caseware , a global leader in cloud-enabled audit, financial reporting and data analytics solutions, today announced the acquisition of Extractly.ai , the provider of intelligent document processing solutions that streamline the audit process for accounting and finance teams. Founded in 2021, Extractly.ai offers solutions that understand and process accounting and financial documents, delivering actionable results and enabling automated workflows.

Technology 52

Technology audit financial statements accounting and finance 52

Accounting Today

JANUARY 22, 2025

A client's immediate health needs make saving their accounts until they're 65 or over a difficult endeavor, and the accounts carry some highly specific rules.

accountant 112

accountant accounted Account Tax 112

Advertiser: Paycor

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.

CPA Practice

JANUARY 22, 2025

The Financial Accounting Standards Board published aproposed Accounting Standards Update on Jan. 22 focused on targeted improvements to theFASB Accounting Standards Codification.

accounting standards 108

accounting standards financial accounting accountant accounted 108

Withum

JANUARY 22, 2025

I find the following information interesting and informative and put them in charts for easy viewing. Some charts start with 1990, some with 2000 and one with 2001 and they all go through the end of 2024. I prepared the charts, but the underlying data came from multipl which has a ton of additional information and statistics, and I recommend checking it out.

Tax 52

Tax 52

CPA Practice

JANUARY 22, 2025

The Senators also claimed Bessent, ". avoided paying nearly $1 million in Medicare taxes on your hedge fund earnings over the course of three years by reporting on your tax returns that you were a limited partner.

Tax 99

Tax tax return income tax accounted 99

IgniteSpot

JANUARY 22, 2025

Whether youre considering an in-house hire or an outsourced firm like Ignite Spot, these 10 questions will help you find the best fit for your business.

accounted 68

accounted Account accountant bookkeeping 68

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.

Account

CPA Practice

JANUARY 22, 2025

Successful uptake of new technology is a matter of emotions and with 4 in 5 companies saying theyre failing to capitalize on its potential, managers need to know how to deal with them, say researchers from Aalto University.

Technology 94

Technology 94

Accounting Today

JANUARY 22, 2025

Lawmakers in the House and Senate reintroduced bipartisan legislation backed by the AICPA to provide faster filing relief to taxpayers hit by natural disasters.

Tax 64

Tax 64

CPA Practice

JANUARY 22, 2025

CPAClub Coach is an AI-powered advisor combined with live CPA expertise. Designed to bridge the talent gap in accounting, CPAClub Coach integrates artificial intelligence with live expert support, offering members personalized coaching and timely, standards-based guidance on both accounting and audit-related questions.

audit 82

audit CPA accounted Account 82

Accounting Today

JANUARY 22, 2025

The Financial Accounting Standards Board released a proposed ASU containing a set of targeted improvements to the FASB Accounting Standards Codification.

accounting standards 59

accounting standards financial accounting accounted Account 59

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.

Finance

CPA Practice

JANUARY 22, 2025

In today's rapidly evolving tech landscape, accounting firms face a critical decision: begin strategically embracing AI, or risk falling behind competitors.

accounting firms 80

accounting firms accounted Account accountant 80

Accounting Today

JANUARY 22, 2025

FinQuery announced the appointment of Joe Schab as CEO, George Azih as executive chairman and Justin Smith as COO.

59

59

CPA Practice

JANUARY 22, 2025

In today's rapidly evolving tech landscape, accounting firms face a critical decision: begin strategically embracing AI, or risk falling behind competitors.

accounting firms 74

accounting firms accounted Account accountant 74

GrowthForceBlog

JANUARY 22, 2025

8 min read January 21st, 2024 Every nonprofit leader has a duty to be a responsible, honest, and trustworthy steward of their financial resources. Key Takeaways Foster Financial Transparency: The need for financial transparency in a nonprofit is paramount. Not only does financial transparency support and strengthen donor trust, but it also creates accountability.

accounting and finance 53

accounting and finance Finance accounted Account 53

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.

Finance

Insightful Accountant

JANUARY 22, 2025

Murph takes you through the steps to create and use tasks for project tracking in Intuit Enterprise Suite.

52

52

Ryan Lazanis

JANUARY 22, 2025

Discover how I built my Xen Accounting team who I hired first, why I chose them, and how my team evolved before I sold my firm. The post What My Team Looked Like (From Scratch to Sale) appeared first on Future Firm.

Sales 52

Sales accounted Account accountant 52

Insightful Accountant

JANUARY 22, 2025

Xero recently revealed a new tagline reflecting a deeper commitment to customer success and growth.

52

52

Accounting Today

JANUARY 22, 2025

Spend management solution provider Ramp announced the release of Ramp Treasury, which can act as a business or investment account for users.

Spend Management Solutions 52

Spend Management Solutions accounted Account accountant 52

Advertiser: Paycor

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.