Fri.Apr 11, 2025

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Tax rates and allowances 2025/26

Menzies

Menzies LLP - A leading chartered accountancy firm. Download our Tax Rate Card 2025/26 Download now The Menzies Tax Rate card outlines the business and individual tax rates for the coming tax year (2025/26). This includes: Income tax rates Pensions Investments Capital Gains Tax Corporation Tax NI Contributions Car and fuel benefits Stamp Duty and property transaction taxes Inheritance Tax Main capital and other allowances Value adding tax Due dates for Tax Payment Contact Us The post Tax rates a

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Seattle Tax Resolution Services: How Mike Habib, EA, Can Help Individuals and Businesses Resolve Tax Problems

MyIRSRelief

Seattle, Washington, is a bustling hub of innovation, commerce, and culture. From its iconic Space Needle to its thriving tech industry, the city is home to countless individuals and businesses striving for success. However, amidst the hustle and bustle, tax issues can arise, creating stress and financial strain for taxpayers. Whether its unfiled tax returns, back tax debt, 941 payroll tax issues, IRS levies, garnishments, or audits, these challenges can feel overwhelming.

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Here Are Tax and Audit Salaries at Top 25, Top 300, and Regional Firms

Going Concern

Recruiting firm Brewer Morris has released its 2025 US CPA salary guide and should you want to read the whole thing you can request it from them here. Perhaps you, like us, were getting bombarded with ads for it on Reddit and have already seen it. It’s actually pretty cool how they do this guide. In it, they share some salaries for the 114 placements they made in 2024 including the position and city, like a tax manager in San Francisco getting $145,000 at a mid-size firm and an audit senio

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Tax season draws to a close amid uncertainty over IRS, tax cuts

Accounting Today

In the final days of tax season, tax professionals have been grinding through their clients' tax returns while trying to reassure them.

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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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Acumatica Product Update Focused on Performance, Resiliency and Growth

CPA Practice

This latest update furthers Acumaticas commitment to drive ERP modernization beyond strictly back-office functions to become a comprehensive strategic business platform.

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IRS pushes back penalties on micro-captive transactions

Accounting Today

The Internal Revenue Service issued a notice giving some breathing room to participants and advisors involved with micro-captive insurance companies.

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More Trending

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How Can Nonprofits Maintain Positive Cash Flow During Fundraising Lows?

GrowthForceBlog

8 min read April 11th, 2024 Cash flow challenges for nonprofits occur when more money flows out of the organization than into it at any given time

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7 Investing Mistakes to Avoid, According to Financial Pros

CPA Practice

Investing in 2025 is more accessible than ever but it isnt always easy. With nearly constant market volatility and financial advice flooding your social media feed, its easy to make mistakes that hurt your long-term returns.

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Ohio welcomes out-of-state CPAs after law change

Accounting Today

Ohio's new law providing an alternative path to a CPA license has taken effect after 90 days and enables out-of-state CPAs to practice in the Buckeye State.

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CPA Practice - Untitled Article

CPA Practice

This bill provides uniformity for nonresident state and local income tax withholding and a reasonable de minimis exception from the assessment of state and local income tax in a jurisdiction in which an employee does not reside.

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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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On the move: PrimeGlobal expands in Ireland

Accounting Today

Plus, the Illinois CPA Society's charitable arm names its board of directors, and other firm and personnel news from across the profession.

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South Carolina Treasurer Asks State Supreme Court to Stop Senate Hearing Over $1.8B Accounting Error

CPA Practice

Facing a vote in the state Senate to remove him from office, South Carolina Treasurer Curtis Loftisis asking the state Supreme Court to stop the planned hearing in the General Assemblys upper chamber.

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Tech news: Caseware forms Global Advisory Board with Barry Melancon as chair

Accounting Today

Plus, Tesorio releases AI agent for supplier portal invoicing; compliance pros see massive sea change due to AI; and other accounting tech news.

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Maximizing IT Investments: Hardware, Software, and Budget Planning

CPA Practice

By partnering with a proven IT advisor, firms gain astrategic IT advantagethat enhances performance while controlling costs.

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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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Tax Planning for Student Athletes: Entity Selection as a Tax Strategy

CTP

In recent years, college athletes at NCAA Division I schools are faced with a new opportunity: turning their burgeoning sports career into a profitable business. Before 2021, student athletes were prohibited from earning income on the use of their name, image, and likeness (or NIL). However, a pivotal court case overturned this rule and gave students licensing rights.

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Pennsylvania Supreme Court Hears Arguments for Pittsburgh’s Jock Tax Collection

CPA Practice

The fee often called the "jock tax" is a 3% charge applied to income out-of-state athletes and performers make while using PPG Paints Arena,PNC Parkand Acrisure Stadium in PIttsburgh.

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Investing in the Home Team: How Tax Planning Can Help Student Athletes

CTP

Most student athletes dream of taking home the championship trophy or being drafted onto a professional team. Whether or not this is what their future holds, athletes on well-loved college and even high school sports teams can build a career here and nowthanks to something called name, image, and likeness (NIL) rights. A pivotal 2021 court case allowed student athletes for the first name to earn money from endorsement deals, product sponsorships, and other advertising campaigns.

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Transforming teams through connected leadership

Accounting Today

Connected leadership is like conducting an orchestra: Beautiful music comes from relationships, not just technical precision.

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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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AI in Accounting: Zoho’s Val Steed on Firm Transitions & the Future of Accountants

Insightful Accountant

In this episode of the Accounting Insiders Podcast, host Gary DeHart sits down with Val Steed, Director of Accountants at Zoho, to discuss the evolving role of artificial intelligence in the accounting profession.

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Unlocking Hidden Capacity: How to 10x Your Firm’s Profitability

Canopy Accounting

In this webinar, Liz Scott shares how to unlock hidden capacity in your firm by shifting your mindset and systems. Learn how to eliminate bottlenecks, boost efficiency, and 10x profitswithout adding work to your team's workload.

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Today's systems demand smarter payment solutions

Accounting Today

Virtual cards have come on the scene as a viable solution for managing purchases made outside the organization.

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Sounds Like Baker Tilly and Moss Adams Are Getting Hitched

CPA Practice

The top 15 accounting firms have begun the process of matrimony, as the two entities are reportedly in talks to form a combined firm with annual revenue of $3 billion.

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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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IRS to lose billions in revenue if migrants stop filing taxes

Accounting Today

The Internal Revenue Service is projected to lose more than $313 billion in revenue in the coming decade as undocumented workers are poised to pay fewer taxes.

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The Art Of Giving And Receiving Constructive Criticism In Construction

Randal DeHart

Think about the last time you gave or received feedback. Did it inspire growth and improvement or leave someone feeling deflated? When done right, constructive feedback is a powerful tool for driving success. But it's a fine line getting it wrong can do more harm than good. For business owners, managers, and team leaders, effectively giving and receiving constructive feedback isn't just a nice skill; it's a necessity.

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House Republican sees SALT deduction limit increasing to $30K

Accounting Today

Rep. Jeff Van Drew thinks House Republicans will end up approving a $30,000 cap on the state and local tax deduction.

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Microsoft Celebrates 50 Years of Computing – The Accounting Technology Lab Podcast – April 2025

CPA Practice

In this video and podcast, Randy Johnston and Brian Tankersley, CPA, discuss the 50th anniversary of Microsoft, and the impact the PC has had on the profession, business, and society as a whole. Watch the video, listen to the audio podcast below, or read the transcript.

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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.

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Withum’s San Diego Office Relocates to Carlsbad Business District

Withum

Withum is proud to announce the grand opening of its newly relocated office in San Diego’s Carlsbad business district. Situated in the Carlsbad business district, the new office location at 5780 Fleet Street, Suite 310 , enhances Withums ability to serve clients more efficiently in Southern California. The 7,500-square-foot space boasts a modern, fresh work environment that encourages collaboration with a tech-forward approach.

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Help shape the future of accounts receivable and earn a £10 voucher | The 2025 late payment report survey

Accounting Insight

Late payments continue to be one of the most pressing challenges for businesses globally. The ripple effects strained cash flow, wasted resources, and even insolvency impact businesses across all sectors, with SMEs particularly vulnerable. The 2022 late payment report revealed that 87% of businesses were paid after their invoice due date, underscoring the scale of this persistent issue.

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Friday Footnotes: PE-Backed Firm Gets Rid of CPA on Email Signatures?; Big 4 HR Bots; IRS Audits Way Down | 4.11.25

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default.

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IRS Probationary Employees Told Not to Come Back to Work on April 14 After All

CPA Practice

Thousands of newer IRS workerstold to return to their jobs on April 14 after being laid off by the Trump administration in February but reinstated and put on paid administrative leave in Marchwill remain on leave after two court decisions this week paused plans to bring them back to the office.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.