Tue.Dec 31, 2024

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Harnessing Data for Better Tax Projections

CPA Practice

Accurate projections arent just about staying compliant with the law. Theyre about giving clients the confidence to make smarter decisions.

Tax 115
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Future-Proofing Your Business: Why CFO Support Services Are Essential for Long-Term Success

AccountingDepartment

In an ever-evolving business landscape, anticipating and adapting to future challenges and opportunities is crucial for achieving long-term success. As companies strive to stay ahead, CFO support services have emerged as a vital component in future-proofing business operations. Providing expert financial guidance, strategic planning, and technological integration, these services play a pivotal role in ensuring stability and growth.

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New crypto regs will generate information deluge

Accounting Today

Experts expect 'scattershot, unhelpful reporting' of crypto assets and transactions for the first few years with the 1099-DA.

Tax 126
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Treasury Department Says it Was Breached by Chinese-Backed Hacker

CPA Practice

The hacker was able to remotely access certain Treasury workstations and certain unclassified documents maintained by those users, according to a letter the agency sent to Congress on Dec. 30.

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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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IRS finalizes regs for De-Fi tax reporting

Accounting Today

The Internal Revenue Service issued final regulations for sales and exchanges of digital assets on the new Form 1099-DA for decentralized finance brokers, along with transition relief.

Tax 115
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January's QB Talks: ProAdvisor Training Opportunities

Insightful Accountant

Murph and his guest co-host, Kim Noh, will discuss recent training opportunities that have arisen through Intuit.

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More Trending

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'Inventory/Manufacturing' App Survey

Insightful Accountant

Please tell us which of the apps in our short survey are your favorite Inventory/Manufacturing solutions that work with QuickBooks.

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If an accounting firm and a fintech had a baby.

Accounting Today

The result would be a digital prodigy, an advisory superstar, a born collaborator and much more.

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Happy New Year 2025

Insightful Accountant

As we say goodbye to 2024 we signal not just the end of this year, but the start of a new year.

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IRS gets John Doe summons for JustAnswer workers

Accounting Today

The Internal Revenue Service is looking for information on those paid by JustAnswer to serve as 'experts.

Tax 98
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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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Being an Expert Witness in Criminal Defense Cases

FraudFiles

Defendants in criminal cases such as tax fraud, money laundering, or embezzlement often need forensic accountants to help evaluate complex financial situations. Should you provide expert witness services to criminal defendants? Tracy discusses the work and some of the issues that should be considered.

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IRS silence allows investors to exploit ETF loophole, study finds

Accounting Today

The tax-efficient, low-cost funds may have an even greater advantage over traditional mutual funds due to the IRS's lack of a definition for "substantially identical" securities.

Tax 64
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Professionals on the Move – Year-End 2024

CPA Practice

Professionals on the move is a recap of recent promotions, hiring, and other staffing announcements from across the profession.

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AI-powered audit analytics offer value for auditors and clients

Accounting Today

While artificial intelligence has intrigued humans for centuries, it was not until the past few years that AI has undergone explosive growth in every field.

auditor 59
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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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CPE Webcast – Jan. 14, 2025: Amended Returns in Drake Software

CPA Practice

This webinar is designed for accountants using QuickBooks, Xero, or similar accounting software. Learn how Avalara integrates seamlessly with your existing tech stack, saving time, reducing costly errors, and hear firsthand from a firm that has supported clients through their tax compliance journey. Plus, earn CPE credit!

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QuickBooks Online Accountant now has call summaries, live cleanup

Accounting Today

Intuit announced that QuickBooks Live Accountant will now support call summaries and live cleanup features.

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BOI Reporting Injunction Reinstated Again – Enforcement Paused

Dent Moses

The Fifth Circuit Court of Appeals reinstated the CTA injunction on December 26 th. This follows a reinstatement of the CTA filing deadline on December 23 rd. So, as of December 26 th , the filing requirement is on hold. The following alert was issued by FinCEN via their website: In light of a recent federal court order,reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains

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Tech for T&E can transform client management

Accounting Today

In the realm of client accounting services, improvements in one area travel and expense management can have an outsized effect on maximizing efficiency for firms.

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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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In the blogs: Meltdown mode

Accounting Today

Foreshadowing TCJA talk; BOI ping-pong; rightful claims; and other highlights from our favorite tax bloggers.

Tax 52
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ADM shareholder calls for CEO to leave as probe drags on

Accounting Today

It's been almost a year since Archer-Daniels-Midland Co. disclosed a probe into its accounting practices that wiped out $12 billion from one of the world's largest agricultural commodities traders.