CPA Practice

APRIL 15, 2024

Dr. Sangeeta Chhabra CPAs and finance professionals today understand the importance of transparency and collaboration; however, lack of uniformity acts as an obstacle to seamless coherence in data management processes. While navigating these challenges, generative AI is emerging as a promising prospect. Generative AI, as a growing ecosystem of technologies, extends beyond GPT-4 and Gemini with added capabilities to process diverse data types, such as text, images, audio, video, 3D modeling, and

CPA 122

CPA Technology accounting and finance cpas 122

Accounting Today

APRIL 15, 2024

The Internal Revenue Service reported stronger performance on Monday, April 15, as it concluded this year's tax filing season, saying it had answered 1 million more phone calls from taxpayers and helped 170,000 people in person compared to last year.

Tax 120

Tax income tax 120

CPA Practice

APRIL 15, 2024

It’s Tax Day, so there’s no better time for the IRS to pat itself on the back for a job well done as filing season for most Americans comes to a close. Compared to last year, the IRS answered more than 1 million additional taxpayer phone calls during the 2024 tax season, helped over 170,000 more people in-person, and saw 75 million more visits to IRS.gov, mainly due to the agency’s new and expanded Where’s My Refund?

Tax 119

Tax tax return Maine Massachusetts 119

Going Concern

APRIL 15, 2024

This morning, Vault released its mildly anticipated 2025 Best Accounting Firms to Work For list and it should be no surprise that PwC has swept the category of Best Accounting Firm for the gazillionth year in a row. This year they also wrestled the title of Most Prestigious back from last year’s #1 firm Deloitte. The methodology is as follows: The Vault Accounting 25 is compiled using a weighted formula that reflects the issues accounting professionals care most about, combining quality of

accounting firms 113

accounting firms Account accounted accountant 113

Speaker: David Warren

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

Sales

CPA Practice

APRIL 15, 2024

Few agencies are as perpetually tasked to “do more with less” than the Internal Revenue Service (IRS). Despite chronic and pandemic-specific challenges however, the IRS is making strides in returning to business as usual. According to the recently released National Taxpayer Advocate Annual Report to Congress , “…the magnitude of successes exceeded the areas of weakness in 2023, and most metrics showed significant improvement from the depths of the [COVID-19] pandemic.

Tax 119

Tax Kansas Real Estate Government 119

Insightful Accountant

APRIL 15, 2024

In an attempt to give our readers some degree of advance notice, Insightful Accountant is announcing the specific dates for which the 2024 ProAdvisor Awards will be announced.

Account 111

Account accounted accountant 111

Insightful Accountant

APRIL 15, 2024

The 2024 tax season is ending with fewer hiccups and changes compared to previous years. Pending legislation and court decisions may bring uncertainty for preparers in the future.

Tax 105

Tax 105

CPA Practice

APRIL 15, 2024

A new survey from Grant Thornton LLP shows that chief financial officers are more optimistic about the U.S. economy than they’ve been in nearly three years. Grant Thornton’s Q1 2024 CFO survey , which polled 273 senior finance leaders, reported that more than one-third (34%) of CFOs are “very optimistic” about the U.S. economy. This marks an 11-quarter high for the survey.

Real Estate 111

Real Estate Technology E-commerce Finance 111

Patriot Software

APRIL 15, 2024

Payroll is arguably a business’s biggest expense. Between taxes and benefits, an employee costs up to 32% more than their wages. To accurately budget for your payroll-related expenses, try payroll forecasting. Payroll forecasting is an essential part of financial planning that requires you to analyze and understand your company’s payroll data.

payroll 102

payroll Tax 102

Accounting Today

APRIL 15, 2024

The Internal Revenue Service is waiving penalties to companies that fail to pay their estimated taxes for the first quarter for the corporate alternative minimum tax.

Tax 101

Tax corporation tax 101

Advertisement

The first Market Momentum Index: AI and Unstructured Data Management, conducted by Deep Analysis with support from AIIM and M-Files, surveyed 500 enterprises across various industries to assess their readiness to employ AI. The results reveal that AI is already far more embedded into organizations' operations than previously realized. These findings and more insights have been brought to you in the "Market Momentum Index: AI and Unstructured Data Management.

Going Concern

APRIL 15, 2024

Hey and welcome to Monday, APRIL 15! You made it! Well, almost. We’re so proud of you. Now, some news. Jack Castonguay (who we miss terribly on Twitter) wrote a little something for Bloomberg Tax about the PCAOB’s latest proposal that would make traditionally secretive audit firms’ business much more public: The business model for public accounting firms is changing rapidly as they search for outside investors and private equity firms rush to the front of the line.

audit 62

audit Account accounted accountant 62

Accounting Today

APRIL 15, 2024

The economy, the national debt and tax reform are accountants' top concerns this election season, according to a new Arizent survey.

Account 132

Account accounted accountant Tax 132

CPA Practice

APRIL 15, 2024

A Florida attorney was sentenced today to eight years in prison for conspiring to defraud the United States and tax evasion arising out of his promotion of an illegal tax shelter scheme involving false charitable deductions. According to court documents and statements made in court, from at least 2013 through 2021, Michael L. Meyer, of Davie, Florida, used his skills as an attorney and certified public accountant to promote his fraudulent tax shelter called “The Ultimate Tax Plan.

Florida 59

Florida Tax tax planning Ohio 59

Accounting Today

APRIL 15, 2024

The International Ethics Standards Board for Accountants has unveiled a set of ethical standards for business tax planning in response to complaints over tax avoidance by multinational companies.

tax planning 80

tax planning corporation tax Tax business tax 80

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

CPA Practice

APRIL 15, 2024

April 15 isn’t just Tax Day. It’s also the day career website Vault.com typically releases its latest ranking of the 25 best accounting firms to work for. Vault’s ranking for 2025 came out Monday morning, and for the 12th straight year, PwC was named the top accounting firm in the U.S. “Accountants at peer firms tell us that PwC is ‘the gold standard of audit and puts the other audit firms to shame,’” Vault said in a media release.

accounting firms 59

accounting firms top accounting firms Account accounted 59

Accounting Today

APRIL 15, 2024

Generative AI delivers genuine business value to the CFO organization after all the hype has been subtracted.

Account 94

Account accounted accountant accounting software 94

VJM Global

APRIL 15, 2024

Investigations, summon, letters from GST Authority has become common in business from last sometime and there are many practical issues which comes alongwith these communication. GST investigations are at many times hampering regular business activities as well. Further, there are many practical issues being faced by the GST Authorities as well as taxpayer such as prior approval, simultaanoues investigation by more than one GST authority, uncessary information asked etc.

Legal 52

Legal Tax audit Government 52

DMCL

APRIL 15, 2024

As Earth Day rolls around once again, we at DMCL are taking the opportunity to be mindful of our planet and reflect on our journey towards sustainability. Building off last year’s commitments, we’ve made strides in our quest to become net-zero, focusing on practical, impactful actions that reduce our carbon footprint. This year, we’re proud to report a decrease in our carbon emissions (CO 2 e) and share the steps we’ve taken over the past year to forge a greener future.

Manufacturing 52

Manufacturing Education accounted Account 52

Advertisement

With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.

VJM Global

APRIL 15, 2024

GST Assessments, u/s 73, are already closed for FY 2017-18 and the due date of issuance of order for FY 2018-19 is 30th April, 2024. In many of the Assessment orders, the taxpayers have faced genuine hardship such as as the Assessment orders passed are not the speaking one or assessment orders contain clerical mistakes causing unnecessary increase in demand amount.

Tax 52

Tax Government 52

CPA Practice

APRIL 15, 2024

By Claire Zhao, Fast Company (TNS) Throughout the hiring process, managers typically assess a candidate’s suitability for a role by investigating their experience, communication abilities, and other relevant professional attributes. Nevertheless, some hiring managers continue to overstep boundaries by probing into protected information such as age, identity, disabilities, or familial status.

Legal 52

Legal 52

VJM Global

APRIL 15, 2024

GST Assessments, u/s 73, are already closed for FY 2017-18 and the due date of issuance of order for FY 2018-19 is 30th April, 2024. In many of the Assessment orders, the taxpayers have faced genuine hardship such as as the Assessment orders passed are not the speaking one or assessment orders contain clerical mistakes causing unnecessary increase in demand amount.

Tax 52

Tax Government 52

CPA Practice

APRIL 15, 2024

TaxDome , a provider of integrated software solutions for tax professionals and accountants, has completed a System and Organization Controls (SOC) 2 Type I attestation for Security. This achievement underscores their unwavering commitment to maintaining the highest levels of data security and safeguarding client information. Bookkeepers, CPAs and accountants utilize TaxDome’s platform for its streamlined, highly secure workflow management.

audit 52

audit cpas bookkeeping public accounting 52

Speaker: Genevieve Hancock, CPA

Cash flow isn’t just about balancing numbers - it's about ensuring your organization is positioned for both immediate stability and long-term success. Understanding that cash flow management fuels every decision, every opportunity, and every growth phase is critical. But how can you shift from simply managing cash to strategically optimizing it for resilience?

Healthcare

VJM Global

APRIL 15, 2024

Investigations, summon, letters from GST Authority has become common in business from last sometime and there are many practical issues which comes alongwith these communication. GST investigations are at many times hampering regular business activities as well. Further, there are many practical issues being faced by the GST Authorities as well as taxpayer such as prior approval, simultaanoues investigation by more than one GST authority, uncessary information asked etc.

Legal 52

Legal Tax audit Government 52

Withum

APRIL 15, 2024

Pat Walsh , managing partner and CEO was happy to sit down with Newsweek on March 27 to discuss creating and cultivating a Most Loved Workplace. Hosted by Lou Carter , Newsweek’s The Leader Show highlights leaders from different sectors to learn what creates effective, successful, and motivating environments. The podcast inspires current and aspiring leaders by focusing on how to overcome challenges in the modern landscape, whether in the private or public sector.

52

52

CPA Practice

APRIL 15, 2024

By Tor Constantino, Inc. (TNS) During the past few months, the IRS has been touting the fact that it’s upping its cryptocurrency expertise and crypto tax enforcement game. Coincidentally, the tax agency also issued a not-so-subtle reminder to digital asset holders that they must continue to report income from certain digital transactions this year.

Tax 52

Tax income tax Education Gaming 52

Anders CPA

APRIL 15, 2024

When we talk growth with digital agency owners, we don’t just look at financial metrics. Instead, we focus on non-financial drivers, such as production and pipeline, which are ‘levers’ that owners can pull to make their agency as efficient as possible. But there’s another dimension of growth that happens beyond your agency’s walls. It doesn’t appear on any spreadsheet: community.

Gambling 52

Gambling CPA 52

Advertisement

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

Accounting Today

APRIL 15, 2024

Some financial advisors and tax professionals with high net worth clients could find big advantages before the expiration of provisions of the Tax Cuts and Jobs Act.

Tax 54

Tax 54

Insightful Accountant

APRIL 15, 2024

Voting continues for the 2024 International ProAdvisor Awards through April 30, 2024.

52

52

Accounting Today

APRIL 15, 2024

if you do not feel good about tax season, ask yourself what upsets you.

Tax 75

Tax Account accounted accountant 75

Withum

APRIL 15, 2024

Recently, Microsoft has been making a lot of updates to the world of SharePoint offerings, with two major changes being Microsoft Syntex (now called Microsoft Premium) as well as the recently released April 2023 launch of SharePoint Advanced Management, a Microsoft 365 (M365) add-on. Let’s look at the various SharePoint, SharePoint Premium and SharePoint Advance Management offerings so you and your organization can determine the best fit for your needs.

Government 59

Government 59

Advertisement

Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.