Wed.Apr 02, 2025

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Must-Know Accounting Tech Trends with John Higgins

Canopy Accounting

In this episode of Canopy Practice Success, KC hosts John Higgins, a seasoned CPA, to discuss the critical role of technology in modern CPA practices. Higgins, who has spent his career helping accountants understand and apply emerging tech, outlines his professional journey and the shifts in technology within the field. He emphasizes the importance of CPAs investing in relevant education, particularly given the rapid advancements in AI.

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Cybersecurity for Schools: Protecting K-12 Institutions from Rising Threats 

Withum

In recent years, cybersecurity for schools has become a critical concern as K-12 educational institutions have become prime targets for cybercriminals, leading to significant disruptions in educational services and compromising sensitive data. A recent report by the Center for Internet Security (CIS) reveals a concerning trend: 82% of K-12 schools experienced a cyber incident between July 2023 and December 2024.

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How to Streamline Your Business’s Accounting Processes

GrowthForceBlog

10 min read April 2nd, 2024 Many small business owners spend too much time and money on back-office processes. In small and medium-sized businesses, owners tend to rely on manual processes. Plus, they often take on the daily bookkeeping and accounting tasks themselves or spend too much on hiring in-house professionals to manage their back-office processes.

Account 102
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What to Know About Texas Franchise Tax

CPA Practice

If you do business in Texas, youve probably heard of franchise tax. But you may not know exactly what the Texas franchise tax is or if it applies to you. This blog post and Texas franchise tax FAQ will answer the following questions.

Texas 119
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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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AI For Website Creation: Unlock Copilot’s Full Potential in Power Pages

Withum

Microsoft Power Pages is revolutionizing the way websites are built with its new AI-powered Copilot features. These capabilities make website creation easier and faster, even for those with little to no coding experience. Lets explore the many benefits of AI for website creation through the key ways Copilot enhances the Power Pages experience. 1. Creating Sites with a Prompt Copilot makes it simple to create a fully functional website.

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AI in accounting: Weighing the pros and cons

Accounting Today

Experts at a recent AICPA symposium dove into the upsides and the downsides of artificial intelligence.

Account 105

More Trending

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SCOTUS bars bankruptcy clawback from IRS

Accounting Today

The Supreme Court overturned a number of lower courts to say a bankruptcy trustee can't get misappropriated funds back from the Internal Revenue Service.

Tax 103
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AvidXchange Unveils New AI Agents to Elevate Accounts Payable Processes

CPA Practice

As part ofAvidXchanges 2025 trends report, which surveyed 500 mid-market finance leaders, it was reported that 76% of finance departments recognize the value of using AI within their finance department to improve efficiency and decision-making.

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Why IRS cuts may spare a unit that facilitates mortgages

Accounting Today

An Internal Revenue Service division that helps authorize the release of tax transcripts used in lending through form 4506-C is tied to core functions.

Tax 94
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Tax Relief Update for Individuals, C-Corporations, trusts, & Single Member Limited Liability: Extended Deadlines for Los Angeles County

CapataCPA

Tax Relief Update for C-Corporations & Single Member Limited Liability: Extended Deadlines for Los Angeles County In response to the recent wildfires, both the Internal Revenue Service (IRS) and the California Franchise Tax Board (FTB) have extended tax filing and payment deadlines for businesses, residents, and tax preparers located in Los Angeles County.

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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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7 Accounting Firms Make Fortune’s 2025 ‘100 Best Companies to Work For’ Ranking

CPA Practice

Seven of the 15 largest accounting firms in the U.S. are included in Fortune magazine's ranking for 2025, and one of those seven made Fortune's annual list for the very first time this year.

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Washington gov. pans wealth-tax proposal

Accounting Today

Washington Governor Bob Ferguson said he wouldn't sign a budget that relies on the wealth tax proposed by his fellow Democrats in the state legislature.

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Washington Gov. Ferguson Says He Won’t Sign a State Budget with a New ‘Wealth Tax’

CPA Practice

Washington Gov.Bob Fergusonon April 1 panned budget plans by legislative Democratsfor relying on "far too much in taxes," including a new wealth tax he warned could be overturned by courts.

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Trust Filing Mistake Case May Reshape "Reasonable Cause" Rules

Insightful Accountant

A new federal district court case, Murphy v. United States, creates an important distinction in the long-established Boyle standard for penalty relief when taxpayers rely on tax preparers.

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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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New Survey Sentiments from Fund Accountants May Indicate Bellwether Industry Shifts

CPA Practice

Seven in ten fund accountants surveyed identified the adoption of automation and AI as the most pressing industry trend for 2025. Notably, 61% agreed that these technologies will play a major role in fund accounting.

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Private sector added 155K jobs in March

Accounting Today

Private sector employment grew by 155,000 jobs in March as annual pay increased an average of 4.6% year to year, payroll provider ADP reported.

payroll 59
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Ryan Acquires Brayn Consulting in Texas

CPA Practice

The Dallas-based tax services firm has expanded its income tax practice after acquiring Brayn Consulting, a Houston-based tax firm that specializes in research and development, cost segregation, and green energy income tax incentives.

Texas 71
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Intuit upgrades Enterprise Suite

Accounting Today

Intuit announced improvements to its Intuit Enterprise Suite product centered around workflow automation and data analytics and payroll.

payroll 59
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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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EisnerAmper Merges in Prague & Co. in Massachusetts

CPA Practice

The top 20 accounting firm is expanding its presence in the Boston area by combining with full-service CPA firm Prague & Co. in a deal expected to close this spring.

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How to Acumatica: Pricing Your ERP - Part 1

Insightful Accountant

In this edition of "How to ERP" Murph looks at some of the pricing elements for Acumatica including ways they have made their product not only feature-based but performance-based consistent with your historical transaction data.

52
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Order.co Chooses Avalara for Sales Tax Automation and Compliance

CPA Practice

With the adoption of Avalaras proven compliance solutions, Order.co customers can now register their exemption status once and apply exemptions to eligible purchases across all vendors at the time of purchase.

Sales 64
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Client Overview Template: Key to Smooth Knowledge Transfers

Ryan Lazanis

Avoid missed work and unhappy clients with a client overview template. Discover how this can help you systematize your firm. The post Client Overview Template: Key to Smooth Knowledge Transfers appeared first on Future Firm.

Account 52
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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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Don't place a bond ladder on shaky tax ground

Accounting Today

The wrong asset location could defeat the whole purpose of the strategy, according to a new study on Treasury inflation-protected securities.

Tax 52
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2025 Retail Sales Forecast to Hit $5.42 Trillion, Despite Economic Uncertainty

CPA Practice

The National Retail Federationis forecastingthat retail sales during 2025 willgrow between 2.7% and 3.7% over 2024 to between $5.42 trillion and $5.48 trillion.

Retail 52
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Government financial reporting and the road ahead under FDTA

Accounting Today

A landmark research study by GASB has provided one of the most detailed examinations to date of how state and local governments in the U.S. use GAAP.

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How the FTC Safeguards Rule Affects Tax Professionals and Their Practice

Ace Cloud Hosting

Protecting customer data is more important than ever. With cyber threats rising, the FTC Safeguards Rule requires financial institutions, such as tax professionals, to adopt comprehensive security measures. The FTC.

Tax 52
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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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X asks Supreme Court to shield Coinbase users from IRS probe

Accounting Today

Elon Musk's X is urging the justices to shield companies from being forced to disclose sensitive user financial data under "suspicionless" subpoenas.

Tax 52
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Creating an MLM in Ten Easy Steps

FraudFiles

Hundreds of thousands of Americans get sucked into Multi-Level Marketing (MLM) companies each year. From Mary Kay to Amway to Herbalife to PrePaid Legal, the list is seemingly endless. Each offers its own special spin on the products it sells, but the main focus of an MLM is on recruiting new members. MLMs live and [.

Maine 52
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Global Tax Management Acquires DuCharme, McMillen & Associates’ State Income Tax Practice

CPA Practice

As part of the deal, GTM and DMA have entered into a strategic alliance, and the acquisition complements GTM's existing income tax practice.

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Macy's to claw back bonuses due to accounting scandal

Accounting Today

The department-store operator tied executives' cash bonuses to an earnings metric that turned out to be overstated by around $81 million in 2023.

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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.