Tue.May 27, 2025

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How Emerging Tech Is Revolutionizing Fintech Accounting

BurklandAssociates

AI, blockchain, cloud tools, and APIs are revolutionizing fintech accountingmaking it faster, smarter, and built for scale. The post How Emerging Tech Is Revolutionizing Fintech Accounting appeared first on Burkland.

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IRS leveraging AI for audits amid layoffs

Accounting Today

The Internal Revenue Service is expected to lean more heavily on artificial intelligence technology to select cases as it carries out widespread layoffs.

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BDO Launches $1 Billion AI Strategy

CPA Practice

BDO began piloting potential tools and approaches in early 2023. Since then, BDO has achieved several business milestones in key commitment areas and seamlessly embedded AI in its operations and client service models.

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Tax Fraud Blotter: Wholesale fraud

Accounting Today

Book'im; out of Service; what a pill; and other highlights of recent tax cases.

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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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2025 Xero US Roadshow: What You Need to Know

Xero

The 2025 Xero US Roadshow is set to deliver a day packed with innovation, networking, and inspiration. Let’s explore what’s on the agenda and why you should care. Spotlighting Innovation: AI and Advisory Services The accounting industry isn’t what it used to be; it’s smarter, faster, and more efficient, thanks to AI and advisory services.

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AICPA's Carl Peterson to retire

Accounting Today

Peterson will retire on June 30 after serving as vice president of small firm interests at the American Institute of CPAs for 11 years.

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Introducing Thomson Reuters ONESOURCE: The world’s most powerful and reliable tax management solution

ThomsonReuters

What is Thomson Reuters ONESOURCE? Thomson Reuters ONESOURCE is a state-of-the-art tax platform that provides everything corporate tax departments and IT personnel need to manage indirect and direct tax calculations, reporting, and compliance. Used by companies worldwide, ONESOURCE operates at the intersection of commerce and trade, allowing companies to conduct business without being bogged down by technical drama and busy work.

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Cell Phone Reimbursement: Is it Taxable? 

Patriot Software

As many as 98% of organizations provide full or partial cell phone reimbursement to employees for their mobile phone expenses. You might have a few questions about mobile phone reimbursements. How do you handle mobile phone reimbursements when it comes to taxes? Are cell phone reimbursements required by law? Read on for the scoop.

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Simplify e-invoicing compliance with ONESOURCE Pagero and Oracle ERP

ThomsonReuters

Tax authorities worldwide are driving significant changes in digital tax compliance through the implementation of e-invoicing and digital reporting mandates. As a result, multinational businesses are struggling to keep pace with the ever-changing e-invoicing regulations across various jurisdictions. In response, Thomson Reuters ONESOURCE Pagero and Oracle Cloud ERP have joined forces to deliver the first embedded, e-invoicing solution specifically for Oracle Fusion Cloud customers.

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An Evening to Remember – Open to Everyone – First Come, First Served: Join the Top 100 Celebration at SNH 2025

Insightful Accountant

This event is open to any attendee registered at Scaling New Heights 2025. On the evening of Monday, June 23, 2025, something extraordinary is happening at Howl at the Moon in Orlando.

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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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Women Are More Concerned Over Personal Finances than Men

CPA Practice

Men also had a more positive outlook on their financial situation over the next 12 months (39% thought it would be better than the previous 12 months, compared to 27% of women).

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Introducing Thomson Reuters ONESOURCE: The industry’s most trusted cloud-native tax management solution

ThomsonReuters

What is Thomson Reuters ONESOURCE? Thomson Reuters ONESOURCE is a state-of-the-art tax platform that provides everything corporate tax departments and IT personnel need to manage indirect and direct tax calculations, reporting, and compliance. Used by companies worldwide, ONESOURCE operates at the intersection of commerce and trade, allowing companies to conduct business without being bogged down by technical drama and busy work.

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Hidden Gaps in Crime Insurance Can Devastate a Balance Sheet

CPA Practice

Fraud is not just a security risk; it's a financial reality. And whether your organization can withstand it often hinges on whether your crime insurance policy covers what you think it does.

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Developing an Effective Approach for Call Coverage Compensation

Withum

Maintaining fair market value (FMV) of physician compensation is a crucial aspect of healthcare compliance, and call compensation is a key component with unique complexities. Both the Physician Self-Referral Law (PSL)commonly referred to as Stark Law and the Anti-Kickback Statute (AKS) are typically relevant for call coverage arrangements. Over the last two decades, call compensation has become common, and hospitals often have some specialties with and some without separate call compensation.

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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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In the blogs: Beautiful noise

Accounting Today

SALT and the bill; digital taxes worldwide; retaining clients; and other highlights from our favorite tax bloggers.

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AI and Automation in Power Platform: Frameworks and Best Practices for Ethical Technology

Withum

As artificial intelligence (AI) becomes deeply embedded in Microsoft Power Platform through tools like AI Builder, Copilot and Power Automateorganizations face a new imperative: to ensure that these powerful technologies are used ethically, transparently and responsibly. This practical guide on ethical technology outlines frameworks and best practices for implementing responsible AI and automation, mitigating bias and fostering ethical technology and practices within Power Platform solutions.

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U.S. Consumer Confidence Jumps Most in Four Years on Trade Truce

CPA Practice

The Conference Board's gauge of confidence increased by 12.3 points to 98, marking the biggest monthly gain in four years.

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Withum Climbs to #16 on Vault’s Top Accounting Firm List

Withum

Withum is proud to secure the #16 Position on Vaults Annual Ranking of the Top 25 Accounting Firms for 2026. Known for its meticulous research and influential rankings, Vault highlighted Withum for its exceptional expansion, educational initiatives, team member perks and dedication to community service. Withum targets ambitious and talented individuals who excel in communication.

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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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IRS Direct File Will Be Canceled if GOP Tax Bill Becomes Law

CPA Practice

The Republican tax bill that passed the House and is headed to the Senate includes a provision to end the IRS Direct File program.

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Is Shopify a marketplace facilitator?

TaxConnex

In just 20 years since its founding, Shopify, the $7 billion platform that can be used to build online stores (some 2 million so far) to sell products on websites or via social media, has become a household name in eCommerce. Such a goliath keep an eye on constant development, of course, and Shopify just took a big step regarding sales tax for its vendors.

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Tax pros need to double down on due diligence

Accounting Today

Practitioners are working to get clients in line so they can fulfill IRS requirements to prove their clients qualify for particular credits.

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10 States With the Highest and Lowest Job Vacancy Growth Rates

CPA Practice

A study from Keller Executive Search looks at job vacancy trends, comparing the job openings rate from 2019 through 2024 to shed light on the states with booming job markets and those facing hiring challenges.

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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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Illinois passes licensure changes bill

Accounting Today

The bill creates two additional pathways to CPA licensure and preserves the 150-hour path.

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Two Postal Workers Part of $63 Million Scheme to Steal IRS Refund Checks

CPA Practice

The two U.S. Postal Service clerks and the two accused check resellers have been charged with conspiracy to aid and abet bank and wire fraud, the U.S. Attorneys Office for the Eastern District of Michigan said May 23.

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We're Off To The Races with the 2025 ADC Summer Challenge!

AccountingDepartment

It's summertime at AccountingDepartment.com and we have all sorts of fun things happening! To kick off the summer season this past Memorial Day weekend, we launched our 14th annual ADC Summer Challenge.

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Republicans Target a Tax That Keeps State Medicaid Programs Running

CPA Practice

For years, states have been taxing health care providers to draw down additional federal funds for their Medicaid programs.

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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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US prosecutors sought Builder.ai data after sales overstated

Accounting Today

The artificial intelligence company was facing legal scrutiny in the weeks before it went bust.

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GOP Tax Bill Could Make EVs More Expensive

CPA Practice

A Republican-backed tax-and-spending bill passed by theU.S. Houseon March 22 aims to roll back federal clean energy incentivesa move critics warn could raise costs for consumers.

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When tech fails, accountants prevail

Accounting Today

With their critical eye and technical knowledge, accountants can interpret when a number doesn't match reality, anticipating failures before they become scandals.

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5 Situations Where Politeness is Sabotaging Your Career

CPA Practice

Sometimes being more direct at work is not just appropriate but necessary for workplace success. Here are five tell-tale signs that it's time to be more direct at work.

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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.