Fri.May 16, 2025

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Efficient Payroll Implementation For Construction Business Owners

Randal DeHart

Implementing an effective payroll system is crucial for construction business owners, as it directly impacts project management, employee satisfaction, and overall financial health. Given the complexities of the construction industry, including varying pay rates, overtime requirements, and the need for certified payroll reports, developing a streamlined payroll process is essential.

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Tax Court Delivers Bad News to Tardy Taxpayer

CPA Practice

In a new case, an office mix-up authorizing the wrong FedEx service resulted in a missed tax deadline. The Tax Court addressed whether the equitable tolling doctrine grants the taxpayer a reprieve.

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Recovery, Deferral, Mitigation – Options to Limit Tariff Impact and Optimize Working Capital

Withum

When tariffs disrupt supply chains, companies face an important decision of how best to weather the storm. Tariffs can be majorly disruptive and increase complexity, including rising costs, sourcing and supplier challenges and increased compliance hurdles. For many businesses, tariffs will strain working capital and may even cause undesired customer or supplier turnover.

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Tech news: Makosi rolls out EBP Eddy, AI agent built specifically for EBP audits

Accounting Today

Makosi rolls out AI agent built specifically for EBP audits; OneStream announces new AI agents, other solutions; Suralink rolls out request-to-test solution; and other accounting tech news and updates.

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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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Accounting MOVE Project Launches 2025 Survey

CPA Practice

This years research reflects a pivotal shift in how inclusion is measuredprioritizing workplace belonging and measurable career equity outcomes, regardless of whether firms use the term DEI.

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AAM distributes 2025 marketing awards, inducts member to HOF

Accounting Today

The Association for Accounting Marketing recognized five individuals and bestowed 16 firm awards for excellence in the field.

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More Trending

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Grant Thornton to add GT Netherlands

Accounting Today

With private equity backing, Grant Thornton Advisors is rapidly expanding its international platform.

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Developing an Effective Approach for Administrative Services (Medical Director) Compensation

Withum

Ensuring fair market value (FMV) in physician compensation is vital to healthcare compliance, especially physician administrative compensation, which is replete with complexities. Administrative services arrangements, most frequently used for medical directorship services, often intersect with the Physician Self-Referral Law (PSL), commonly known as Stark Law, and the Anti-Kickback Statute (AKS).

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97% say CPA firms not using tech efficiently

Accounting Today

While CPA firms far and wide have made major technology investments over the years, the vast majority of accountants say they're not being used to their full potential.

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U.S. Spring Homebuying Season Off to its Weakest Start in Five Years

CPA Practice

Deals were down 3% from last April, already seen as a low mark. Active listings for April also ballooned to the highest level since 2019, suggesting homes are piling up on the market.

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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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Firms to disable Windows Recall, but third parties remain a risk

Accounting Today

Despite security enhancements from Microsoft, CPA firms are likely to disable the controversial Recall feature in Windows 11, which uses AI to create a precise record of user activity.

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Hi

Ryan Lazanis

The post Hi appeared first on Future Firm.

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On the move: REDW appoints first director of client success

Accounting Today

INCPAS hosts leadership event; KNAV welcomes new partner; and more news from across the profession.

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4 Factors to Consider When Pricing Your Small Business Services

Ronika Khanna CPA,CA

One of the most challenging aspects of starting and maintaining a business, regardless of whether you are a freelancer or a multinational corporation, is determining the right price to charge for your services. If you are an economist, the ideal price is simply the point at which demand meets supply. If a price is too high the demand for the service will go down thereby resulting in excess supply or capacity by the service provider.

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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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Practice Profile: From club member to club advisor

Accounting Today

Changing regs and member needs keep Richard O'Leary on his toes as he guides PP&Co.

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Mauldin & Jenkins Joins Forces With Bradshaw, Gordon & Clinkscales in South Carolina

CPA Practice

The merger, which is effective June 1, aligns with the top 75 firm's mission to offer comprehensive accounting and advisory solutions to clients while expanding its footprint in key markets, Mauldin & Jenkins Managing Partner Hanson Borders said.

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How People-First Firms Attract & Keep Top Talent

Canopy Accounting

The people on your team will make or break your firm. With shortages of qualified people, how do you attract and retain the best possible talent? Rewatch this session to learn from experts in human resources and accounting.

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The ‘Motherhood Penalty’: Mothers Earned 35% Less Than Fathers in 2024

CPA Practice

A new Bankrate analysis of Census Bureau Current Population Survey data reveals full-time working fathers earned 35% more in wages than mothers working full-time in 2024, a wider disparity than in 2023 and 2022.

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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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Friday Footnotes: EY Delays Start Dates Again; Diving Deep on a Deloitte Contract; When Associates Go Berserk | 5.16.25

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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Trump-Backed Tax Bill Would Expand Child Tax Credit, Establish ‘MAGA Accounts’ for Kids

CPA Practice

An expansion of the child tax credit and new MAGA savings accounts for children are among the proposals in President Donald Trumps One, Big, Beautiful Bill.

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Trump berates Republicans to 'Stop talking,' pass tax cuts

Accounting Today

President Donald Trump called on members of his party to unite behind his economic agenda in Congress, putting pressure on factions of lawmakers who are calling for last-minute changes to the legislation to drop their demands.

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Trump to Keep 30% China Tariffs Through Late 2025, Analysts Say

CPA Practice

President Donald Trumps tariffs onChinawill likely remain at a level expected to severely curtail Chinese exports to theU.S. after the 90-day truce, suggesting Beijingmay have to endure further economic pain despite active talks.

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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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Trump tax bill fails in House panel

Accounting Today

Hard-line conservatives bucked President Donald Trump and blocked the massive tax bill over cost concerns.

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Rep. Andrew Clyde, Other Rebel Republicans Derail Trump’s ‘Big, Beautiful Bill’

CPA Practice

Although Clyde and other conservatives support the tax cuts in this package, they said they worry that the GOP plan doesnt go far enough to cut spending and change how Medicaid works.

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Trump’s ‘Big, Beautiful’ Budget Package Bottled Up in House Committee, for Now

CPA Practice

House Republican leaders couldnt nail down the votes needed to advance the GOPs giant budget reconciliation bill out of the Budget Committee on Friday in the face of opposition from a handful of hard-line Freedom Caucus members.