Thu.Apr 03, 2025

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Continuous auditing: A new era or a challenge to tradition?

Accounting Today

Should auditors be involved in real-time financial monitoring? The potential is huge, but so are the challenges that come with it.

audit 66
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Introducing taxC – New product offering of AI-enhanced calculation technology and managed filing and remittance

TaxConnex

We are excited to announce a new offering from TaxConnex taxC . This powerful new solution combines advanced tax calculation automation with dedicated human oversight and supportdelivering end-to-end sales tax compliance. Combining the power of our managed filing and remittance services with CereTax s AI-enhanced calculation technology, taxC offers businesses a seamless, end-to-end sales, use and telecom tax management experience. taxC is designed to streamline and optimize the complex processe

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3 Bad Leadership Qualities That Will Stall Your Skagit County Business’s Growth

SkagitCountyTaxServices

In my precious moments of respite from tax season chaos this weekend (of which only two weeks remain, Ill remind you if you havent filed, get on that ASAP), I read an article that was a good reminder of why I started my business in the first place. It was about a nurse anesthetist who started making quilts for his son, and turned his hobby into a side hustle, bringing in 1.4 million a year.

CPA 89
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Percentage Leases: Strategies for Retail and Franchise Success

Withum

The bustling corridors of an airport or a shopping mall present a lucrativeopportunity for franchises and retail companies to capitalize on foot traffic. This increase in sales opportunities can also factor into the companys lease agreement with the commercial management company. A percentage lease may be required in these circumstances, which may present a new set of challenges regarding compliance and financial reporting for franchisees and retail owners.

Retail 69
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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 plans to bring back fired probationary employees

Accounting Today

The Internal Revenue Service reportedly intends to reinstate thousands of probationary employees who were fired after two courts ordered it to do so.

Tax 131
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Unlocking the Power of the Audit Log in QuickBooks Online: What You Need to Know

SchoolofBookkeeping

When it comes to managing your accounting system, the Audit Log in QuickBooks Online (QBO) is the unsung hero you didn’t know you needed. It’s like having a detailed diary of every move made in your books—who did what, when, and how. In this post, we’ll dive into the applications, limitations, and some pro tips to help you make the most of this powerful feature.

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E-Commerce Accounting with QuickBooks Commerce

SchoolofBookkeeping

E-commerce businesses face unique challenges when it comes to managing financial workflows, sales channels, and inventory. QuickBooks Commerce has emerged as a tool designed to streamline these processes, providing a structured approach to managing online sales. In this blog, we’ll dive into the features of QuickBooks Commerce, explore its benefits, and share actionable insights to help you optimize your e-commerce operations.

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Tax Strategy: Updates on the Clean Vehicle Tax Credit

Accounting Today

The requirements for the Clean Vehicle Credit seemed a little complicated when they were introduced, and they are proving to be a little difficult in practice.

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AI in Accounting: Moving Beyond Adoption to Enhance Client Outcomes

CPA Practice

Its clear that artificial intelligence is revolutionizing the industry by optimizing operations in areas like financial analysis, transaction processing, and reconciliation. But are we using AI strategically, or just automating routine tasks?

Account 105
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Top Remote Tax and Accounting Candidates of the Week | April 3, 2025

Going Concern

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Sign up now to view the complete candidate list and connect with potential hires.

Tax 59
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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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Ramp releases tool to detect AI-generated receipts

Accounting Today

Spend management solutions provider Ramp released a new solution in response to recent advances in AI image generation making it easy to create convincing fake receipts, a major fraud risk.

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Laying the Foundations to Measure Value from Investment in AI: 3 Key Priorities

CPA Practice

Finance teams should consider three key foundational areas of focus when seeking to harness AI's transformative potential to drive and quantify value.

Finance 99
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ClientWindow and Karbon Announce Exciting Partnership to Transform Client Communication

Accounting Insight

ClientWindow is thrilled to announce a new integration and partnership with Karbon, making it easier than ever for accounting firms to manage client conversations on WhatsApp. With this partnership, client WhatsApp messages can now be automatically directed into Karbon, allowing firms to capture, track, and respond to client queries within the platform.

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Solver Releases xFP&A Nonprofit Industry Solution Models to Meet Industry Challenges

CPA Practice

Solver, a cloud-based xFP&A (extended financial planning and analysis) software company, has launched a new solution designed to improve planning, reporting, consolidation, and analysis in nonprofit organization.

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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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Driving SMB Growth with CFO Support Services

AccountingDepartment

For small to medium-sized businesses (SMBs), financial management can feel like juggling multiple prioritiesoverseeing cash flow, managing expenses, budgeting for growth, and navigating financial risks, all at the same time.

Account 65
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Continuing Jobless Claims in the U.S. Rise to Highest Level Since November 2021

CPA Practice

Continuing claims, a proxy for the number of people receiving unemployment benefits, increased to 1.9 million in the week ended March 22, slightly higher than economists expected.

payroll 76
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FASB Offers Clarity on Construction Contractor Retainage Disclosure

Insightful Accountant

This article summarizes key points of a recent educational paper by the Financial Accounting Standards Board (FASB) to clarify Generally Accepted Accounting Principles (GAAP) presentation and disclosure requirements for Construction Contractors.

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Tax Fraud Blotter: Big plans

Accounting Today

What becomes of the broken-hearted; the earth moved; Kreative accounting; and other highlights of recent tax cases.

Tax 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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Frazier & Deeter Gets Capital Infusion From PE Firm General Atlantic

CPA Practice

Frazier & Deeter is the latest top 50 accounting firm to receive a bump in capital from a private equity firm, announcing Thursday a strategic growth investment from General Atlantic.

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Preparing your Small Business and Self Employed Tax Return with UFile Tax Software

Ronika Khanna CPA,CA

Unincorporated Small Business and Self Employed owners are fortunate to be around at a time where preparing tax returns have been significantly simplified. Not only are calculations automated, but contemporary tax software provide interfaces which make input of data fairly straightforward. Tax software also help taxpayers to optimize their deductions, so preparing your own small business taxes has never been easier.

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Why Penetration Testing Should Be A Key Element in Your Cybersecurity Strategy

Ace Cloud Hosting

Businesses of all sizes, whether small or large, face a constant threat of cyber attacks today. As a result, the estimated cost of a data breach in 2024 was around.

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Progress Unveils Powerful AI Tools for ShareFile Platform

Insightful Accountant

Advanced capabilities strengthen data security, streamline workflows and accelerate document collection by nearly 3.

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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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The case for shifting opportunity zone tax credits to the 'Heartland'

Accounting Today

The founder of Tulsa Innovation Labs is calling for changes to draw more investments from civic-minded financial advisors and clients in their local communities.

Tax 52
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Intuit QuickBooks releases Economic Reports

Insightful Accountant

Earlier this week, Intuit QuickBooks released two economic focused reports. A new 'Credit Card Entrepreneurs' Report and the latest Intuit QuickBooks Small Business Index.

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The Tax Firm of Mike Habib, EA: A Beacon of Personalized Tax Service in Pasadena and Glendale, California

MyIRSRelief

Tax season in Pasadena and Glendale, California, can feel like a high-stakes drama, complete with plot twists, looming deadlines, and the occasional villain in the form of the IRS. For the individuals and small business owners navigating this annual saga, the difference between a happy ending and a financial nightmare often hinges on one thing: the tax professional in their corner.

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Xero and Sumday Partner On 12 Months Free Carbon Accounting Tools for Xero Customers

Insightful Accountant

Xero, the global small business platform, today announced an expanded partnership with Sumday, a carbon accounting software provider, making it easier to track and manage carbon footprints.

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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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HMRC target ESS with new round of nudge letters

Menzies

Menzies LLP - A leading chartered accountancy firm. What is ESS? Electronic Sales Suppression (ESS) is more widely known as till fraud. It is where a business manipulates their till systems to hide or reduce the true value or amount of sales but the data reported looks like a complete and accurate record. ESS is a form of tax fraud and individuals who make ESS systems; use or promote them are all considered to be involved in the fraud.

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Mango Practice Management for Accountants: AI Features & Onboarding with Bryan Droznes

Insightful Accountant

In this episode, Gary DeHart interviews Bryan Droznes, General Manager of Mango Practice, to explore how their accounting practice management software is built to solve common challenges faced by small to mid-sized firms.

Account 52
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Still Confused? Does Your 401(k) Plan Still Need an Audit?

LSLCPAs

On February 23, 2023 (wow, time flies!) the U.S. Department of Labor (DOL) Internal Revenue Service, and the Pension Benefit Guaranty Corporation announced changes to the Form 5500 Annual Return/Report of Employee Benefit Plan and Form 5500SF Short Form Annual Return/Report of Small Employee Benefit Plan effective for plan years beginning on or after January.

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Solver Releases xFP&A Nonprofit Industry Solution Models to Meet Industry Challenges

Insightful Accountant

Solver uses the power of data to meet operations and business goals, drive data-informed decisions, and accelerate better decisions.

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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.