Accounting Today
MAY 30, 2025
Gen AI has improved to the point where it is capable of producing fake documents realistic enough to fool automated systems, creating new opportunities for fraud and new challenges for those trying to prevent it.
Randal DeHart
MAY 30, 2025
Running a small business is exciting, but lets be honest, managing the admin side of things can feel overwhelming. Between keeping financial records, looking after daily operations, and ensuring compliance with tax laws, its easy to feel buried under endless to-do lists. But heres the good news: with the right strategies, small business administration doesnt have to be a headache.
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SkagitCountyTaxServices
MAY 30, 2025
Because you’re probably digging out from under a heap of emails and half-finished to-dos after the long weekend, Ill get straight to it: There was quite a bit of tariff movement that happened over the weekend. The U.S. and E.U. are accelerating trade talks, especially around chips and auto parts. And then, theres the potential for a 25 percent tariff on iPhones manufactured outside the US.
ThomsonReuters
MAY 30, 2025
Highlights: The Court of International Trade declared IEEPA and reciprocal tariffs unlawful, exceeding presidential authority Tariffs impacted are fentanyl-related tariffs on Chinese, Canadian, and Mexican products, and reciprocal tariffs for most countries Government filed an appeal and requested a “stay of execution” to maintain tariffs during the appeals process Importers may need to pursue individual lawsuits for potential refunds The Court of International Trade (CIT) issued a
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The office of the CFO is rapidly evolving, with more and more demands being placed upon the finance and accounting team each year. Join us in this webinar, where we share 8 things to NOT do when it comes to helping the CFO office advance in supporting the business. Learning Objectives: This course objective is to understand how best to support an organization's finance leadership.
Accounting Today
MAY 30, 2025
The ruling could present a new obstacle for Republicans who are relying on the revenue to help offset the cost of a $4 trillion tax cut moving through Congress.
CPA Practice
MAY 30, 2025
The court ruling that blocked much of President Donald Trumps sweeping tariffs threatens to blow what some economists estimate as a $2 trillion hole into theU.S. fiscal outlook over the coming decade.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
MyIRSRelief
MAY 30, 2025
The gig economy has revolutionized the way people work, offering flexibility and opportunities for individuals to earn income on their own terms. Whether youre driving for a rideshare service, delivering food, freelancing as a graphic designer, or renting out property on a short-term basis, the gig economy provides a wealth of opportunities. However, with these opportunities come unique tax challenges that can be daunting for gig workers.
CPA Practice
MAY 30, 2025
Among the many lessons new college grads will encounter, understanding how to manage your finances is one of the most important. Good financial habits early on can set the stage for long-term stability and success.
Accounting Today
MAY 30, 2025
BDO announces $1B AI strategy; Plaid announces Transactions for Business solution; Xero and Tallyfor announce partnership; and other accounting technology news and updates.
CPA Practice
MAY 30, 2025
KPMG LLP, the U.S. audit, tax and advisory firm, today announced its next Management Committee, effective July 1, 2025.
Speaker: Dylan Secrest, Founder of Alamo Innovation and Construction Digital Transformation Consultant
Construction payment workflows are notoriously complex when you consider juggling multiple stakeholders, compliance requirements, and evolving project scopes. Delays in approvals or misaligned data between budgets, lien waivers, and pay applications can grind progress to a halt. The good news? It doesn't have to be this way! Join expert Dylan Secrest to discover how leading contractors are turning payment chaos into clarity using digital workflows, integrated systems, and automation strategies.
Accounting Today
MAY 30, 2025
KPMG anoints next management committee; Ryan forms Tariff Task Force; and more news from across the profession.
CPA Practice
MAY 30, 2025
With Avalaras new API advances, businesses can automate even more of the end-to-end process to achieve greater time savings and more efficient resource allocation, directly from an ERP, accounting, ecommerce or marketplace platform.
Going Concern
MAY 30, 2025
Have you seen this article in The Telegraph today ? Screenshot of header for “ How a bulls–t jobs boom captured the Big Four accountants ,” published May 30 by The Telegraph The headline gives away the gist of the 1,300 words that followed it but for funsies let’s summarize the main points, namely the three instances of “b t.” Note they use quotes around the word — presumably someone they spoke to specifically used that word to describe Big 4 consulting
Accounting Today
MAY 30, 2025
South Africa's case against executives in the biggest corporate fraud in the country's history has been pushed back to September.
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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.
Canopy Accounting
MAY 30, 2025
Discover the latest Canopy Time & Billing updates, including smarter write-ups, automated time locks, and improved WIP exports, to boost accuracy, visibility, and control across your billing workflows.
ThomsonReuters
MAY 30, 2025
If you want to change the future, you must change what youre doing in the present. Mark Twain Today’s indirect tax professionals face a myriad of challenges that can significantly impact their organizations. Among these challenges, data blind spots stand out as a critical issue, often leading to compliance risks, financial inaccuracies, and strategic missteps.
Ryan Lazanis
MAY 30, 2025
Accounting AI chatbots are everywhere right now. Heres a look at the ones you can actually use to save time and run your firm efficiently. The post The Top Accounting AI Chatbots for Your Firm appeared first on Future Firm.
ThomsonReuters
MAY 30, 2025
Culture is the underpinning of an organization, impacting everything from day-to-day operations to customer service to talent retention. Audit firm culture is no exception. Like any private business, audit firms aim to make a profit. Audit firm leaders with the tone they set and the culture they foster are responsible for ensuring that their professionals maintain independence, integrity, and professional skepticism as they also pursue growth and profitability of their audit firms, the Public
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.
Insightful Accountant
MAY 30, 2025
Insightful Accountant wants to remind you that the "clock is ticking," ALL QuickBooks Desktop 2022 Products will be 'sunsetting' tomorrow.
FraudFiles
MAY 30, 2025
When a spouse knows that a divorce is imminent, there are obvious steps to secure his or her financial future. First, a competent divorce attorney must be retained. Next, the division of assets and income should be considered. Yet when it comes to the financial details, clients often do not know what to do. An [.
CPA Practice
MAY 30, 2025
Randy Johnston and Brian Tankersley, CPA, discuss the most popular products in this year's 2025 CPA Practice Advisor Readers Choice Awards. Watch the video, listen to the audio, or read the transcript.
Going Concern
MAY 30, 2025
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.
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.
Accounting Today
MAY 30, 2025
The institute is asking lawmakers to change provisions on SALT deductions for pass-through entities, contingency fees for tax prep, and business loss carryforwards.
Accounting Today
MAY 30, 2025
In the world of depreciation planning, one small timing detail continues to fly under the radar and it's costing taxpayers serious money.
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