Wed.Jun 18, 2025

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Experts discuss leading tax transformation during cloud migration

ThomsonReuters

The future of tax is digital, data-driven, and deeply integrated. As organizations move to cloud ERP systems like SAP S/4HANA, tax professionals have a rare opportunity to lead transformation and shape smarter, more agile operations. For tax functions, this shift presents a unique opportunity to enhance accuracy, streamline processes, and deliver greater strategic value.

Tax 52
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Professionals on the Move – June 2025, Part II

CPA Practice

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Practice Management Software – A Guide for Modern Accountants

Ace Cloud Hosting

In the fast-evolving accounting landscape of 2025, staying ahead means embracing technology that enhances efficiency, accuracy, and client satisfaction. Accounting Practice Management Software (APMS) has emerged as a game-changer for.

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AICPA News – June 2025

CPA Practice

Search for: Home About Us Log In Subscribe for Free My Account Log Out Accounting & Auditing Accounting ESG Financial Reporting Nonprofit Small Business Auditing Audit Standards PCAOB SEC Tax Taxes Income Tax IRS Legislation Sales Tax State Local Taxes Tax Planning Payroll Payroll Benefits Human Resources Payroll Software Payroll Taxes Tech Technology Artificial Intelligence Automation Cloud Technology Digital Currency Hardware Security Software Advisory Advisory CAS Financial Planning Risk

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You upgrade everything else. Why not your close process?

You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes? It’s time for an upgrade. SkyStem's Guide to Month-End Close Software walks you through what today’s best tools can do (and what your team shouldn’t have to deal with anymore). Get smart, fast, and a whole lot less stressed when it’s time to close the books.

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Reza Hooda: Unlocking Freedom in Accounting

Canopy Accounting

In this episode, KC Brothers interviews Reza Huda, an accounting firm owner and author of 'The Four Pillars'. They discuss the journey of accounting practice owners towards achieving freedom, the flaws in traditional billable hour models, and the importance of pricing strategies and positioning. Reza emphasizes the need for specialization and niche marketing, as well as the transformative role of AI in content marketing.

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AICPA Applauds Senate Efforts to “Improve and Correct” House Version of Tax Bill

CPA Practice

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Maximizing Financial Efficiency in the Hospitality Industry Through Cost Segregation

Withum

In the competitive hospitality sector, achieving financial efficiency and effective tax planning is vital. Hotel ownership presents unique opportunities to enhance cash flow and minimize tax obligations, particularly through the implementation of cost segregation. This article delves into the nuances of cost segregation, its significant advantages for the hospitality and lodging industry, and how they can be utilized to optimize financial outcomes.

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Ryan advises clients on tariff issues

Accounting Today

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

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Baker Tilly Acquires Sage Intacct Specialist Firm Sockeye

CPA Practice

The Chicago-based top 10 firm is set to acquire Anchorage, AK-based Sockeye, a top Sage Intacct partner recognized for its vast construction industry expertise and technology-enabled finance, accounting, and project management solutions.

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What Business Owners Get Wrong About Client Accounting Services (And How to Get It Right)

AccountingDepartment

Client Accounting Services (CAS) has become a buzzword among business owners and financial professionals over the last few years. Yet, for all its growing popularity, CAS is often surrounded by confusion and misbeliefs. Many business owners underestimate the true value of CAS, assuming it’s nothing more than glorified bookkeeping or a service reserved for businesses in distress.

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AI In Accounting: A Practical Roadmap For Smarter AP

Speaker: Gerald Ratigan

The accounts payable (AP) function is evolving and AI is leading the charge. As finance teams face rising invoice volumes and expectations for speed and accuracy, AI-powered automation has shifted from a futuristic concept to the most practical solution. But for finance leaders, success isn’t just about selecting the right tools, it’s about implementing the right strategy.

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Professionals on the Move – June 2025

CPA Practice

Search for: Home About Us Log In Subscribe for Free My Account Log Out Accounting & Auditing Accounting ESG Financial Reporting Nonprofit Small Business Auditing Audit Standards PCAOB SEC Tax Taxes Income Tax IRS Legislation Sales Tax State Local Taxes Tax Planning Payroll Payroll Benefits Human Resources Payroll Software Payroll Taxes Tech Technology Artificial Intelligence Automation Cloud Technology Digital Currency Hardware Security Software Advisory Advisory CAS Financial Planning Risk

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Meet our new XPAC Australia FY26–27 team!

Xero

At Xero, our connection to the accounting and bookkeeping community is critical, and XPAC (the Xero Partner Advisory Council) plays a big part in that. We’re excited to introduce the new Australian XPAC FY26–27 cohort: 14 partners from across the industry who will work closely with us over the next year, providing invaluable insights to help shape how we continue to support our partner community.

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Dear accounting tech vendors: how to win this game of survivor

Accounting Today

Our profession truly seems to have gone from famine to feast in an accelerated timeframe, but this new abundance also requires a very different game plan to win.

Gaming 64
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How Pagero’s two-step e-invoicing simplifies global compliance and frees up your IT resources

ThomsonReuters

Highlights: Multinational companies face increasing challenges complying with diverse e-invoicing and CTC mandates across over 80 countries. Lack of universal standards creates significant complexity, with varying technical requirements, frequent rule changes, and poor system interoperability. ONESOURCE Pagero offers a pioneering two-step e-invoicing solution that simplifies regulatory tracking and provides a scalable architecture.

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Stop Budget Burnout: A Better Way to Grow Your Nonprofit in 2026

Speaker: Sean Yoder

Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.

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John Graham Elected New CIMA President

CPA Practice

Search for: Home About Us Log In Subscribe for Free My Account Log Out Accounting & Auditing Accounting ESG Financial Reporting Nonprofit Small Business Auditing Audit Standards PCAOB SEC Tax Taxes Income Tax IRS Legislation Sales Tax State Local Taxes Tax Planning Payroll Payroll Benefits Human Resources Payroll Software Payroll Taxes Tech Technology Artificial Intelligence Automation Cloud Technology Digital Currency Hardware Security Software Advisory Advisory CAS Financial Planning Risk

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Unlock greater insights with Analytics powered by Syft: Now rolling out in early access to Australia

Xero

Earlier this year, we announced that Analytics powered by Syft, Xero’s new offering that integrates Syft’s small business features into Xero, was rolling out in early access to a select group of plans in the United States. After a very positive response from customers included in that preview, we’re continuing to build on our promise to empower small businesses and their advisors with the tools they need to make more informed business decisions by extending access to all US customers.

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Rightworks OneSpace Platform Wins 9 Badges in G2 Spring 2025 Reports

CPA Practice

Search for: Home About Us Log In Subscribe for Free My Account Log Out Accounting & Auditing Accounting ESG Financial Reporting Nonprofit Small Business Auditing Audit Standards PCAOB SEC Tax Taxes Income Tax IRS Legislation Sales Tax State Local Taxes Tax Planning Payroll Payroll Benefits Human Resources Payroll Software Payroll Taxes Tech Technology Artificial Intelligence Automation Cloud Technology Digital Currency Hardware Security Software Advisory Advisory CAS Financial Planning Risk

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Colleges face major tax blow in Trump's proposed IRS rules on race

Accounting Today

The Trump administration is privately considering unleashing what advocates and critics agree would be one of its biggest cudgels yet to pressure colleges.

Tax 49
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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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Burgess Hodgson Announces Strategic Partnership with Abry Partners to Accelerate Growth

CPA Practice

BH’s team of over 200 professionals provides a comprehensive suite of services, including audit, tax, accounts advisory, outsourced finance, payroll and corporate advisory solutions.

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IRS Tax Deductibility of Wardrobe Purchases for Entertainers

Withum

The IRS has specific guidelines regarding the deductibility of wardrobe purchases for entertainers. Understanding these rules is crucial for entertainers who want to maximize their tax deductions while staying compliant with tax laws. General Rules for Deductibility In most cases, the IRS does not allow deductions for clothing that can be worn outside of work.

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4 Strategies for Steadier Cash Flow in Your Skagit County Seasonal Business

SkagitCountyTaxServices

Summer usually means slowing down — pool days, vacations, maybe catching the sunset from your deck after work. But as a business owner ? It means managing staff vacations, trying to stay visible while your customers are mentally on vacation, planning ahead for Q3, and making your estimated tax payments… …which were due June 16 for Q2. Carve out a few minutes today to square that away via online payment with the IRS.

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What the Top 50 Modern Firms Do Differently (Part 1)

Ryan Lazanis

We recently finished working a major resource: the Top 50 Modern Firms. Find out how we selected them and no, it’s not just about revenue. The post What the Top 50 Modern Firms Do Differently (Part 1) appeared first on Future Firm.

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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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From automation to autonomy: How agentic AI will transform tax workloads

Accounting Web

Tech pulse

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State CPA Society News & Updates – June 2025

CPA Practice

State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories.

CPA 79
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CIMA names new president

Accounting Today

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Withum’s San Ramon Office Relocates Within Bishop Ranch Park

Withum

Withum secures new office space in San Ramon and invites the community to an open house celebration in Bishop Ranch Park. Withum is proud to announce the relocation of its San Ramon office to a new, state-of-the-art space in the prestigious Bishop Ranch business park, located at 6101 Bollinger Canyon Road, Suite 400. To celebrate this exciting new chapter, Withum hosted an open house event, welcoming clients, partners and the local community to explore the new office and connect with the team.

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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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SCOTUS limits Tax Court jurisdiction if a tax levy disappears

Accounting Today

The IRS got a case dismissed from the Tax Court by applying a taxpayer's overpayments to their earlier tax liability.

Tax 109
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Papin CPA: Automated Billing and Reduced Admin Time with Canopy

Canopy Accounting

Profile Founded in 2015, Papin CPA has established itself as a trusted partner, offering both accounting and legal services for small businesses and individuals.

CPA 52
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House tax bill boosts deficit $2.8T, CBO analysis shows

Accounting Today

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

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Resourcing by TaxAssist: A Scalable Staffing Solution for Growing Accountancy Practices

Accounting Web

Practice strategy Tags Outsourcing Recruitment Strategy

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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.