Wed.Jun 04, 2025

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Recurring Invoices vs. Recurring Payments vs. Autopay

SchoolofBookkeeping

When it comes to automating payments in QuickBooks, it’s easy to get swept up in the promise of “set it and forget it.” But as any experienced accountant or bookkeeper knows, the devil is in the details. Let’s objectively break down recurring invoices, recurring payments , and autopay—what they do, where they shine, what to watch for, and what you’ll pay in fees. 1.

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IRS paints a strong picture from 2024

Accounting Today

The Internal Revenue Service's new Data Book shares a host of positive results from last year.

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Trending Sources

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Aprio Acquires Advisory Firm Nextfed

CPA Practice

The Atlanta-based top 30 firm said June 4 it has acquired Nextfed, an Arlington, VA-based strategy consulting and M&A advisory firm with experience in the commercial aerospace, defense, and government services sectors.

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Progress, long lines and fisticuffs highlight TIGTA report

Accounting Today

The Treasury Inspector General for Tax Administration's latest report to Congress includes successes and failures at the IRS.

Tax 95
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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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3 Keys To Running a Business From Your Skagit County Home More Efficiently

SkagitCountyTaxServices

Payroll day has a way of sneaking up on you. Even when things are running smoothly, theres still that moment of holding your breath Will the software cooperate? Are the numbers right? Is everyone getting paid on time? And if something does go wrong, its on you to stop and figure it out. Fast. If youre using QuickBooks Desktop 2022, you need to know (if you dont already): Intuit officially pulled the plug on it this weekend.

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Agentic AI accounting bonanza, split VAT payments, MTD additions

Accounting Web

AccountingWEB technology editor Tom Herbert rounds up the latest news and analysis from the accounting technology universe in bite-sized video form.

Account 86

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Beyond the Numbers: What It’s Like to Be an Accounting Manager at AccountingDepartment.com

AccountingDepartment

At AccountingDepartment.com, we know that exceptional client service isnt just about clean booksits about empowering our people to do their best work and grow professionally. Thats why our Accounting Manager role is such a critical part of our team structure. This leadership position bridges the gap between our Senior Accountants and Controllers, ensuring that both clients and team members receive the high-level support they need.

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Paychex Launches New Accountant Portals

CPA Practice

Accountants previously using Paychexs AccountantHQ (AHQ) can now seamlessly access the broad range of functionality of Paychex Flex through an intuitive dashboard with simplified workflows.

Account 83
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Managing Pillar Two data using ONESOURCE Tax Provision and Orbitax GMT

ThomsonReuters

Highlights: Pillar Two introduces unprecedented complexity, requiring sophisticated technology software. Orbitax Global Minimum Tax (Orbitax GMT) automates data collection and validation, reducing manual entry errors while ensuring regulatory compliance. Early technology adoption, staff training, and continuous monitoring of regulatory changes are essential for successful Pillar Two implementation.

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How Startups Can (and Should) Leverage Economic Development Corporations Without Losing Their Edge

Shay CPA

If youre a tech founder in a city like New York, theres a good chance youve come across a quasi-governmental entity known as an Economic Development Corporation (EDC). The New York City Economic Development Corporation (NYCEDC) is one of the most prominent examples, but youll find similar organizations in cities across the globe. Their mandate is straightforward: stimulate local economic growth by attracting businesses, supporting entrepreneurs, and developing strategic infrastructure projects.

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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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C Corporation Basics: Key Advantages, Drawbacks, and Tax Opportunities

Dent Moses

A C corporation is a legal structure for a business that is taxed separately from its owners. This structure offers significant legal protections and is favored by companies planning to reinvest profits or eventually go public. Unlike S corporations or LLCs, a C corp pays corporate income tax on its profits. If dividends are paid, shareholders are typically taxed on them at qualified dividend rates, creating the possibility of double taxation.

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Karbon Launches End-to-End Tax Workflows, AI Innovations, and Practice Intelligence

CPA Practice

Karbons new tax workflows and features enable firms to manage the entire tax work lifecycle, from client intake to filing and archiving, while improving speed, reducing manual work, and increasing transparency.

Tax 59
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Sage Reveals Vision for Its Agentic AI Era to Boost SMB Productivity

Insightful Accountant

Sage, a leader in accounting, payroll and HR software for small and mid-sized businesses, today announced its vision for artificial intelligence at its flagship event, Sage Future.

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No State Tax is Why the Florida Panthers Are Succeeding? Not Exactly, GM Says

CPA Practice

There has been a lot of talk in hockey circles recently how a select group of teams possibly have an upper hand in the NHL because they play in states without an income tax.

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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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SharePoint Premium vs. AI Builder vs. Microsoft Copilot: Which Is Best for Form Processing?

Withum

When I last wrote about the topic of choosing the right AI for processing forms ( Microsoft Forms Processing Is AI Builder Enough or Do I Need SharePoint Syntex? ) the AI landscape for forms processing was much simpler, and the choice between what was then called SharePoint Syntex and AI Builder for Forms Processing was much easier to make. Today, Microsofts AI Form Processing choices have more overlapping capabilities, different strengths and distinct pricing models, making it essential to cho

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QBO & Apps: Diagnosing and avoiding integration nightmares

5 Minute Bookkeeping

Have you ever opened a clients QBO file after being assured everything was up to date only to find 5,000 uncategorized transactions, duplicated income, and an undeposited funds balance that makes your eye twitch? Youre not alone. App integrations promise to automate bookkeeping, but in practice, they often create more work. The cleanup becomes your responsibilitywhich is why it’s so important to understand QBO and apps, and how to diagnose and avoid integration nightmares.

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Mega Backdoor Roth Explained: Eligibility, Contribution Limits, and Tax Benefits

Withum

A mega backdoor Roth is a special strategy for saving additional tax-free retirement dollars every year. It allows individuals to contribute funds towards a Roth individual retirement account (IRA) and/or Roth 401(k) even when they are ineligible to contribute due to their income. Although this strategy can be complex, it could allow the individual to contribute an extra $46,500 in 2025.

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Deborah Kilsheimer: Beyond Billable Hours

Canopy Accounting

In this episode, KC Brothers interviews Deborah Kilsheimer, a CPA and host of the podcast 'Bookkeepers on Fire.' Deborah shares her unique approach to accounting, emphasizing the importance of value-based pricing over traditional billable hours. She discusses her journey in the accounting profession, the significance of understanding client needs, and how technology can enhance efficiency.

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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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Scytale Acquires AudITech

CPA Practice

This acquisition will enable Scytale to offer a variety of security, privacy, and AI compliance automation for standards like SOC 2, ISO 27001, and now SOX IT general controls in one platform.

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Detecting Billing Schemes

FraudFiles

Employees may commit fraud against their employers by getting the employer to improperly disburse funds. One way this could happen is through an improper check or electronic disbursement. Another way is through a shell company scheme, whereby the employee sets up a fake vendor which issues invoices to the company for products or services that [.

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Transform your CPA firm: Easy implementation with UltraTax CS

ThomsonReuters

Jump to Addressing the technology gap in CPA firms Key strategies for UltraTax CS implementation The hidden costs of not changing Are you ready to transform your CPA firm with UltraTax CS? With the ability to automate compliance tasks, streamline workflows, and improve client service, the benefits of adopting advanced tax preparation software are clear.

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Sage Intacct AI-powered Innovations Will Deliver More for SMBs

Insightful Accountant

Sage, a leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), at its flagship event, Sage Future, announced how Sage Intacct will leverage AI, automation, and deep industry insights.

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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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Fieldguide launches AI agent to automate audit testing process end-to-end

Accounting Today

Fieldguide released Field Agents for Financial Audits, which comes with an agentic AI "Audit Testing Agent" to automatically execute the testing workflow.

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Sage Future Reveals Sage X3 Copilot Capabilities

Insightful Accountant

Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), today announced the launch of Sage Copilot for Sage X3.

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How talent scarcity is reshaping accounting teams

Accounting Today

A multipronged, adaptable staffing strategy is likely the best course of action for CPA firms and small to midsized businesses.

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HMRC mulls mandatory R&D checks for certain sectors

Accounting Web

*What might HMRC's Advance Clearance consultation mean for R&D advisors and accountants?

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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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Global Payments and Sage Team on Embedded Vendor Payments Solution

CPA Practice

Global Payments announced on June 4 that its MineralTree business and Sage have launched a vendor payments solution built directly within Sage Intacct.

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The Evergrande Debacle Keeps Giving PwC Big Trouble in Regular-Sized China

Going Concern

Headline reference for the younguns. The last time we checked in on PwC China they were looking at laying off as much as half of their 2,000-person financial services audit business , a direct consequence of the Evergrande situation that’s haunted the firm since the property developer and former audit client collapsed in 2021. To make matters worse, shortly after the layoff news hit Financial Times reported that PwC China lost as much as two-thirds of its revenue — about $77 million

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PwC offering assurance on AI systems

Accounting Today

Big Four firm PwC announced it can now provide assurance on AI systems to see if they've been designed and operated responsibly.

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AICPA and CIMA Partner with Oxford University to Offer Executive Program on Sustainability Reporting and ESG Data Management

CPA Practice

The program uses a mix of multimedia learning material, webinars, and optional weekly group sessions led by the course tutors.

Account 64
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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.