ThomsonReuters

APRIL 18, 2025

Blog home For businesses worldwide, digital transformation is key to staying ahead of their competitors. But did you know that the tax department plays a crucial role in this process? Our infographic, “ Ready for takeoff? Why your tax department should be involved from the start ,” is your guide to understanding this essential partnership.

Tax

Randal DeHart

APRIL 18, 2025

Times were tough, so Remodeler John decided to lower prices below those of his competitors. He promoted a charge-out rate 20% below the industry average, explaining that his overheads were lower than those of larger companies. The turning point came after advice from his mentor. "You're selling yourself short, John," said the mentor. "With your qualifications and experience, you should charge at least as much as other businesses if not more.

Sales

CPA Practice

APRIL 18, 2025

Many IRS employees, who didn't take the first deferred resignation offer earlier this year, jumped at the chance to take the buyout this time around, while others have decided to ride it out, hoping they will be spared from the reduction in force plans at the tax agency.

Tax

Accounting Today

APRIL 18, 2025

Carr, Riggs & Ingram appoints CFO and chief legal officer; TSCPA hosts accounting bootcamp; and more news from across the profession.

Legal

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The office of the CFO is rapidly evolving, with more and more demands being placed upon the finance and accounting team each year. Join us in this webinar, where we share 8 things to NOT do when it comes to helping the CFO office advance in supporting the business. Learning Objectives: This course objective is to understand how best to support an organization's finance leadership.

accounting and finance

CPA Practice

APRIL 18, 2025

Maryland needs more tax revenue. Taxing business services and/or intellectual property and media rights could help the Old Line State fill a looming $3 billion budget gap.

Maryland

Accounting Today

APRIL 18, 2025

Certinia announces spring release; Intuit acquires tech and experts from fintech Deserve; Paystand launches feature to navigate tariffs; and other accounting tech news and updates.

Technology

Withum

APRIL 18, 2025

In this special crossover episode of Cryptonomix, Withum's Mark Eckerle sat down with Dr. Sean Stein Smith as part of the New Jersey Society of CPA's IssuesWatch Podcast, and discussed the digital asset space in 2025.

New Jersey

CPA Practice

APRIL 18, 2025

The agency says these steps will further modernize the agencys services and strengthen program integrity

FraudFiles

APRIL 18, 2025

More than 99% of people lose money in multi-level marketing (MLM). In Chapter 7 of Dr. Jon Taylors book, The Case (For and) Against Multi-Level Marketing, he details the failure rates of participants in multi-lievel marketing companies. In order to analyze the true failure rates and to calculate actual profits or losses from participation in [.

CPA Practice

APRIL 18, 2025

Emerging technologies are rapidly changing auditing. From enhanced accuracy to streamlined workflows, these innovations are transforming the way CPAs and auditors work. But how can you harness the potential of these tools to stay ahead of the curve?

audit

Speaker: Dylan Secrest, Founder of Alamo Innovation and Construction Digital Transformation Consultant

Construction payment workflows are notoriously complex when you consider juggling multiple stakeholders, compliance requirements, and evolving project scopes. Delays in approvals or misaligned data between budgets, lien waivers, and pay applications can grind progress to a halt. The good news? It doesn't have to be this way! Join expert Dylan Secrest to discover how leading contractors are turning payment chaos into clarity using digital workflows, integrated systems, and automation strategies.

Technology

MyIRSRelief

APRIL 18, 2025

In the intricate world of tax compliance and planning, businesses and individuals often encounter complex transactions that require specialized expertise to navigate. Whether its a corporate restructuring, a high-stakes merger, or a sophisticated investment strategy, the tax implications of these transactions can be daunting. One of the most critical tools in ensuring compliance and mitigating risk is the tax opinion letter.

Tax

CPA Practice

APRIL 18, 2025

The Tax Law Roundup is a collection of recent sales, VAT and other transactional and business operations tax news compiled and shared with us by the transaction and business tax experts at Avalara.

Tax

Dent Moses

APRIL 18, 2025

Advantages of an S Corporation An S corporation offers several key advantages for small and closely held businesses. One of the most notable is pass-through taxation, which allows income, deductions, and credits to flow through to the shareholders personal tax returns, avoiding the double taxation faced by traditional C corporations. Other key benefits include: – Limited Liability Protection Shareholders personal assets are generally shielded from business liabilities. – Tax Efficie

income tax

CPA Practice

APRIL 18, 2025

The IRS is telling some employees who have requested to take the latest deferred resignation offer from the Department of the Treasury that they're ineligible if their positions within the tax agency are "deemed critical.

Tax

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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.

Canopy Accounting

APRIL 18, 2025

Introduction So, youve made the investment in practice management software - bravo ! Now its time to use it to its full potential. Too often, firms invest in a platform like Canopy and only scratch the surface of its capabilitiesand trust us, there are A LOT of capabilities. Thats why we put together the Practice Management Playbook. It lays out 7 plays to help you run a more efficient, organized, and client-focused firm.

CPA Practice

APRIL 18, 2025

The Employer-Provided Child Care Credit (IRC 45F). It allows employers to claim up to $150,000 in annual federal tax credits for supporting Child Care.

cpas

Withum

APRIL 18, 2025

Fiduciary oversight is essential for self-insured health plan sponsors to ensure the financial integrity of the plan and protect participant benefits. Recent Department of Labor (DOL) investigations into fiduciary failures highlight the importance of adhering to best practices when monitoring third-party administrators (TPAs), pharmacy benefit managers (PBMs), and other vendors.

audit

CPA Practice

APRIL 18, 2025

This integration provides instant access to store earnings, automated bookkeeping and tax management, and efficient international payment solutions, streamlining financial operations for growing businesses.

bookkeeping

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.

accountant

Accounting Today

APRIL 18, 2025

Gary Shapley, who was named only days ago as acting commissioner, is being replaced by Deputy Treasury Secretary Michael Faulkender.

Tax

CPA Practice

APRIL 18, 2025

In this video and podcast, Randy Johnston and Brian Tankersley, CPA, discuss Thomson Reuters Safe Send. Watch the video, listen to the audio podcast below, or read the transcript.

CPA

CPA Practice

APRIL 18, 2025

Treasury SecretaryScott Bessent appointed his deputy,Michael Faulkender, as the next acting chief of theIRSafter reports the current leader of the agency, Gary Shapley, had been installed at the urging ofElon Muskwithout Bessents knowledge.