Thu.Jun 26, 2025

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The Telecom/Tech Company's Checklist to Building a Tax Compliance Process

TaxConnex

As digital products and technology platforms evolve, so do the complexities around how they’re taxed. From bundled services to shifting definitions across state lines, staying compliant isn’t just about filing returns, it starts with knowing exactly what you’re selling and where you're on the hook for tax obligations. Whether you're offering SaaS, telecom, or a hybrid of both, your classification and documentation strategies can make or break your compliance efforts.

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Intuit debuts AI agents for QuickBooks

Accounting Today

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

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Tax Firms Without AI Strategies Will Fall Behind (and Fast), New Study Warns​

CPA Practice

Search for: Home About Us Log In Subscribe for Free My Account Log Out Accounting & Auditing Accounting ESG Financial Reporting Nonprofit Small Business Auditing Audit Standards PCAOB SEC Tax Taxes Income Tax IRS Legislation Sales Tax State Local Taxes Tax Planning Payroll Payroll Benefits Human Resources Payroll Software Payroll Taxes Tech Technology Artificial Intelligence Automation Cloud Technology Digital Currency Hardware Security Software Advisory Advisory CAS Financial Planning Risk

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The Emerald City of Investment: Congress Charts a New Course for Opportunity Zones

Withum

Both the House and Senate bills include provisions for Permanent Renewal and Enhancement of Opportunity Zones (“OZ 2.0”). In these proposals, congressional leaders do not merely adjust the Opportunity Zone (“OZ”) program but reimagine it, offering a sweeping overhaul designed to revitalize the original program. Both chambers would sunset existing OZ and introduce a bold new chapter rooted in targeted investment, equity and community transformation.

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You upgrade everything else. Why not your close process?

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.

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Expensify Expands Global Support for Company Cards, Languages, Billing, and Reimbursements

CPA Practice

The launch includes support for corporate card import from 10,000+ more banks worldwide, multilingual capabilities, Euro-based billing, international reimbursements in New Expensify, and beta access to the Expensify Card.

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Navigating Tax Compliance Challenges for Engineering Firms

GrowthForceBlog

7 min read June 26th, 2025 Engineers who own, operate, or lead engineering firms are not just engineers, responsible for maintaining licenses, adhering to design and construction regulations, and keeping up with industry standards while maintaining project safety and quality; they are also business leaders who are responsible for sound financial management and tax compliance within their businesses.

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Top Remote Tax and Accounting Candidates of the Week | June 26, 2025

Going Concern

Struggling to Find Remote Accounting Talent? We’ve Got You Covered. If your firm or internal team is having a tough time sourcing qualified remote tax and accounting professionals, you’re not alone—and you’re not out of options. Accountingfly’s Always-On Recruiting gives you immediate access to a curated pool of top remote candidates— with no upfront cost.

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Grant Thornton CFO Survey: Finance Leaders Remain Agile Amid Economic Turmoil

CPA Practice

Search for: Home About Us Log In Subscribe for Free My Account Log Out Accounting & Auditing Accounting ESG Financial Reporting Nonprofit Small Business Auditing Audit Standards PCAOB SEC Tax Taxes Income Tax IRS Legislation Sales Tax State Local Taxes Tax Planning Payroll Payroll Benefits Human Resources Payroll Software Payroll Taxes Tech Technology Artificial Intelligence Automation Cloud Technology Digital Currency Hardware Security Software Advisory Advisory CAS Financial Planning Risk

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The PCAOB Made a Triple Sweep of Big 4 Cheaters in the Netherlands

Going Concern

To date, the largest fine levied by the PCAOB against a registered audit firm was 2024’s $25 million extracted from the pockets of KPMG Netherlands for widespread answer-sharing. In recent years the PCAOB has made it their mission to crack down on this thing that happens at literally every firm because something something capital markets (nevermind that many of the firms fined for this so far boasted flawless PCAOB inspections with zero deficiencies at the time the answer-sharing was takin

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Treasury deal halts 'revenge tax' that spooked Wall Street

Accounting Today

A deal with G-7 allies will exclude U.S. companies from some taxes imposed by other countries in exchange for removing Section 899 from Trump's tax bill.

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AI In Accounting: A Practical Roadmap For Smarter AP

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.

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Pramata Launches AI Negotiator, Reducing Time Spent on Contract Tasks by 50%

CPA Practice

With Pramata’s AI Negotiator, businesses can rapidly accelerate key contract negotiation tasks, reducing the amount of time spent redlining and processing contracts by as much as 50%, without sacrificing accuracy.

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SEC kicks off review of rules governing executive pay and perks

Accounting Today

The Securities and Exchange Commission is taking initial steps on overhauling rules governing disclosures of executive compensation, including bonus clawbacks.

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65% of accountants lack confidence in MTD requirements

Accounting Web

Personal tax

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Tax Fraud Blotter: Boundless energy

Accounting Today

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

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Stop Budget Burnout: A Better Way to Grow Your Nonprofit in 2026

Speaker: Sean Yoder

Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.

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Decanting a Trust: Bringing Flexibility to the Inflexible

Withum

In the world of estate planning, irrevocable trusts are seen as rigid, unchangeable instruments – hence the term “irrevocable.” Once created, their terms were typically set in stone. However, thanks to evolving legal frameworks, a process known as trust decanting is offering trustees and beneficiaries a powerful tool to adapt these trusts to changing circumstances.

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Baker Tilly to acquire KraftCPAs

Accounting Today

Baker Tilly, based in Chicago, is making its latest big deal, announcing its intention to acquire KraftCPAs PLLC, a Regional Leader based in Nashville.

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Thomson Reuters Report Shows Tax Firms Without AI Will Fall Behind

Insightful Accountant

Thomson Reuters, a global content and technology company, has today released its 2025 Future of Professionals report, which reveals a significant divide between organizations that have adopted an AI strategy and those that have not.

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Treasury close to deal that would make 'revenge tax' irrelevant

Accounting Today

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

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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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How a Controller Can Strengthen Your Financial Reporting

AccountingDepartment

Reliable financial reporting forms the foundation for sustainable growth in any small to medium-sized business. Inadequate financial oversight exposes organizations to regulatory noncompliance, cash flow challenges, and missed avenues for strategic advancement. The expertise of a controller is indispensable in addressing these critical areas.

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Rethinking the trade deficit

Accounting Today

From an accountant's perspective, the trade deficit isn't a sign of economic weakness. As with any financial flow, there are two sides to the ledger.

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6 Steps to Improve Accounting Firm Productivity

Ryan Lazanis

Many firm owners think that AI and automation are the key to improving their accounting firm's productivity. However, it's not that simple. The post 6 Steps to Improve Accounting Firm Productivity appeared first on Future Firm.

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Therabody Eases Pain of Complex Global Tax Compliance with Avalara

CPA Practice

Search for: Home About Us Log In Subscribe for Free My Account Log Out Accounting & Auditing Accounting ESG Financial Reporting Nonprofit Small Business Auditing Audit Standards PCAOB SEC Tax Taxes Income Tax IRS Legislation Sales Tax State Local Taxes Tax Planning Payroll Payroll Benefits Human Resources Payroll Software Payroll Taxes Tech Technology Artificial Intelligence Automation Cloud Technology Digital Currency Hardware Security Software Advisory Advisory CAS Financial Planning Risk

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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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From Crisis to Credibility: Reshaping Accounting CPD with Ethics at its Core

Accounting Web

People Tags CPD Ethics

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QuickBooks Online Too Expensive? Here Are the Best Alternatives 

Ace Cloud Hosting

Small businesses and accounting professionals widely rely on QuickBooks Online, but it’s not always the right fit for everyone. Whether it’s due to rising costs, feature limitations, or the need.

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Is agile governance the key to effective business management?

Accounting Web

Practice strategy Tags Performance management Practice management

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Automating lead generation, onboarding can save time, sanity

Accounting Today

Kelli Parks of Calmwaters Cloud Accounting said client discovery and onboarding can be simplified with automated processes that don't need significant tech investments.

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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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Webinar: The Changing Face of Accountancy

Accounting Web

Accounting software Tags Business advice QuickBooks

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Microsoft and ContractPodAi Announce Strategic Legal AI Partnership

CPA Practice

As part of the agreement, ContractPodAi will be able to scale its offering globally through the Azure Marketplace and unlock opportunities across the Microsoft partner ecosystem.

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How To Make An MTD Action Plan for Your Practice

Accounting Web

Practice strategy Tags Landlords Making tax digital Property tax

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15 States Where a College Degree Will Be Most Important for Landing a Job

CPA Practice

By 2031, more than 12.5 million jobs will require at least some form of college education, with roles like accountants, general and operations managers, registered nurses, and software developers among the largest openings.

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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.