Insightful Accountant

MARCH 7, 2025

Join Janel Sykora and earn CPE credit as she discusses the top 5 marketing mistakes accounting firms make (and how to fix them).

accounting firms 52

accounting firms Account accountant accounted 52

Accounting Today

MARCH 11, 2025

Excellence in artificial intelligence is going to be a key differentiator for accounting firms in the near future.

Account 59

Account accountant accounted accounting firms 59

ThomsonReuters

MARCH 3, 2025

In a profession known for its measured approach to change, agentic AI is emerging as a transformative force for accountants, redefining the nature of daily work and opening the door to more meaningful (and profitable) relationships with clients. But what is agentic AI, and how is it transforming the accounting profession? Agentic AI leverages generative AI and large language models to autonomously plan, reason, and execute multi-step processes.

Tax 93

Tax Account accountant accounted 93

Patriot Software

MARCH 4, 2025

Choosing your accounting method is the first step in handling your companys books. If youre a small business owner, you may prefer the simplicity of cash basis as opposed to accrual or modified cash-basis accounting. But before solidifying your decision, learn the pros and cons of cash-basis accounting.

Account 84

Account accountant accounted Maine 84

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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

Account

Accounting Today

MARCH 6, 2025

Environmental, social and governance work holds tremendous potential for accounting firms.

Account 95

Account accountant accounted accounting firms 95

Patriot Software

MARCH 7, 2025

Youve heard about debits and credits. You know they increase and decrease certain accounts. But, how much do you know about the accounts they affect? There are five types of accounts in accounting. If you dont know what they are, your crash course has arrived.

Account 85

Account accountant accounted general ledger 85

Ryan Lazanis

MARCH 5, 2025

Most firms take a passive approach to referrals, but a proactive strategy can bring in high-quality clients if done the right way. The post Referral Programs for Accounting Firms appeared first on Future Firm.

accounting firms 52

accounting firms Account accountant accounted 52

Basis 365

MARCH 9, 2025

As your business grows, so does the complexity of your financial operations, making it essential to have a skilled controller overseeing your financial reporting, cash flow, and internal controls. But is it better to create a position in-house or hire fractional controller services ? Each option has distinct benefits and drawbacks, depending on your companys size, budget, and financial needs.

accounting and finance 52

accounting and finance accounted Account accountant 52

Accounting Today

MARCH 13, 2025

We must consider alternatives to the 150-hour rule to improve the accountant talent pipeline.

Account 69

Account accountant accounted cpas 69

RogerRossmeisl

MARCH 3, 2025

As higher education costs continue to rise, you may be concerned about how to save and pay for college. Fortunately, several tools and strategies offered in the U.S. tax code may help ease the financial burden. Below is an overview of some of the most beneficial tax breaks and planning options for funding your childs or grandchilds education. Qualified tuition programs or 529 plans A 529 plan allows you to buy tuition credits or contribute to an account set up to meet your childs future higher e

Tax 245

Tax Education CPA Government 245

Advertiser: Paycor

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.

TaxConnex

MARCH 13, 2025

The sales tax landscape is constantly evolving, and businesses must adapt to keep pace. But tax laws aren't the only things changingbusinesses themselves are growing, diversifying, and seeking new ways to streamline their operations. According to our latest survey of over 100 finance professionals, 85% of businesses are at least somewhat likely to adjust how they manage sales tax in 2025, with 47% being very likely to make changes.

Sales 147

Sales Tax Education Finance 147

Going Concern

MARCH 20, 2025

Some potentially juicy news coming out of North Carolina today : The Alexander County Sheriffs Office has received numerous calls related to the accounting firm of Price, Breazeale & Chastang, PA. The Sheriffs Office has been in contact with the North Carolina Board of CPA Examiners pertaining to the business. This business is located off of Shiloh Church Road in the Bethlehem community of Alexander County.

North Carolina 125

North Carolina accounting firms Tax Account 125

Withum

MARCH 17, 2025

These days, nothing is more fluid in the United States than the term tariffs. While debate can be had on the macroeconomics and impacts of tariff policy on the U.S. economy, the tariff discussion appears to be ongoing for the foreseeable future. Because of this, business owners and managers will need to contemplate the impacts of tariffs on their financial reporting process.

financial statements 96

financial statements Manufacturing Non-Profits Tax 96

CTP

MARCH 21, 2025

When it comes to choosing an entity type, many entrepreneurs are drawn to S corporations and may make an election without truly weighing the pros and cons of each option. Business owners may not think to ask their tax planner for advice on business structures, but offering your expertise early in the process can help your clients save significantly on their tax bill down the road.

Tax 89

Tax tax planning Maine accounted 89

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.

Account

AccountingDepartment

MARCH 20, 2025

Scaling a business is an exciting yet challenging endeavor. As companies grow, financial complexity increases and the need for accurate financial oversight becomes critical. Many businesses find themselves in a position where their bookkeeping is well-managed, but they lack the high-level financial insights necessary to make informed decisions. This is where controller services play a vital role in helping companies scale efficiently.

bookkeeping 106

bookkeeping bookkeeping services accounted Account 106

RogerRossmeisl

MARCH 3, 2025

As posted to US Department of Treasury website on 3/2/25 The Treasury Department announced on 3/2/25 that, with respect to the Corporate Transparency Act, not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing regulatory deadlines, but it will further not enforce any penalties or fines against U.S. citizens or domestic reporting companies or their beneficial owners after the forthcoming rule changes take effect e

CPA 219

CPA business tax Tax 219

TaxConnex

MARCH 4, 2025

The explosion of eCommerce has created a plethora of tools, resources and middlemen to help your company sell online. Some are household-name marketplace facilitators like Amazon. Others are potentially useful valuable back-office providers, like Square. Square is a point-of-sale (POS) system for merchants, either brick-and-mortar or online, to accept card payments and streamline other business operations.

Sales 147

Sales Tax online accounting Account 147

Going Concern

MARCH 10, 2025

KPMG thinks it’ll save money, open up new opportunities, and be better equipped to make widespread technology investments by consolidating local firms in its international network. In May of 2024, KPMG announced that KPMGs UK and Switzerland would merge to form a $4.4 billion MechaKPMG. Said KPMG UK chief executive Jon Holt at the time, “This marks a historic moment for both firms.

Technology 91

Technology audit accounting firms Account 91

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.

Finance

Xero

MARCH 19, 2025

The UK government has launched a consultation on eInvoicing , an initiative that has the potential to revolutionise how we handle invoices, and bring significant benefits to businesses and the economy. The purpose of the consultation is to gather views from a range of businesses on standardising eInvoicing and increasing its adoption across the UK. We encourage you to engage with the consultation (which closes on 7 May 2025).

Government 89

Government accounting system Tax accounted 89

Withum

MARCH 4, 2025

When the devastating wildfires raged through Southern California at the start of 2025, Withum rallied to support the Los Angeles community. Chris Passmore , partner-in-charge of Withums Los Angeles office , presented a $50,000 check to Angie Carmignani, the Executive Director of California Fire Foundation (CFF) on February 10, 2025. Giving back is engrained in Withums culture, as seen in The Withum Way ten tenets that define the firms unique philosophy and culture. “Firefighters put their

California 101

California Gaming 101

AccountingDepartment

MARCH 26, 2025

Financial reporting has long been a fundamental component of successful business management. It serves as the blueprint for decision-making, reveals opportunities, and identifies risks. Yet, in a rapidly changing economic environment, depending only on monthly or quarterly financial statements is gradually becoming outdated.

financial statements 94

financial statements quickbooks accounted Account 94

RogerRossmeisl

MARCH 23, 2025

Retirement is often viewed as an opportunity to travel, spend time with family or simply enjoy the fruits of a long career. Yet the transition may bring a tangle of tax considerations. Planning carefully can help you minimize tax bills. Below are four steps to take if youre approaching retirement, along with the tax implications. 1. Consider your post-career lifestyle Begin by assessing what retirement might look like for you.

Tax 173

Tax CPA tax planning 173

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.

Finance

TaxConnex

MARCH 6, 2025

Youd think that if you eat it, its sales tax treatment would be the same at least similar across different states and given methods of preparation of the food. Wrong. Sales tax applies to food in nothing short of a cornucopia of varying ways depending on where you buy it and whether its groceries or prepared (and, in some case, where you eat the prepared food or it youve added certain foods to it).

Sales 130

Sales Tax South Dakota Mississippi 130

Patriot Software

MARCH 6, 2025

Mistakes happen, especially when it comes to recording transactions in your books. One type of accounting mistake thats easy to make is a transposition error. Read on to learn what is a transposition error and how it can affect your accounting books. What is a transposition error?

accounting books 96

accounting books accounted Account accountant 96

Xero

MARCH 10, 2025

Its been a massive start to 2025! In February , we shared enhancements weve made to invoicing. We also heard your feedback, and so now you can automatically prepare partnership annual accounts and tax returns using Xero data and seamlessly file them with HMRC (read more in the previous edition of Whats New). Check out more in our quarterly wrap video below.

payroll 90

payroll tax return Tax accountant 90

Anders CPA

MARCH 19, 2025

The St. Louis Business Journal has named Anders one of the 99 largest accounting firms in St. Louis, marking the third year the firm has been included. Anders came in fourth on the list, based on the number of local CPAs employed by each firm: After several years of sustained growth through mergers and recruitment efforts, Anders employs 113 local CPAs and 141 CPAs firmwide.

accounting firms 95

accounting firms cpas Account accountant 95

Speaker: Frank Taliano

Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.

Technology

ThomsonReuters

MARCH 26, 2025

Businesses continue to face serious cyber threats that target payroll and tax information. As scams become more common, it is important for companies to protect sensitive data and stay compliant with regulations to better secure their payroll processes and reduce risks. Cliff Steinhauer, Director of Information Security and Engagement at The National Cybersecurity Alliance (NCA), recently highlighted the importance of recognizing common payroll-related tax scams, understanding the evolution of d

payroll 66

payroll Tax accounts payable accounted 66

RogerRossmeisl

MARCH 23, 2025

If an individual taxpayer has substantial business losses, unfavorable federal income tax rules can potentially come into play. Heres what you need to know as you assess your 2024 tax situation. Disallowance rule The tax rules can get complicated if your business or rental activity throws off a tax loss and many do during the early years. First, the passive activity loss (PAL) rules may apply if you arent very involved in the business or if its a rental activity.

income tax 147

income tax CPA Tax business tax 147

Going Concern

MARCH 17, 2025

Morning, people. 29 days to go until April 15. Got some bad news. We are, in fact, getting dumber : Though there has been a demonstrably steep decline in cognitive skills since the COVID-19 pandemic due to the educational disruption it presented, these trends have been in evidence since at least the mid-2010s, suggesting that whatever is going on runs much deeper and has lasted far longer than the pandemic.

Oklahoma 72

Oklahoma Account accountant accounted 72

Withum

MARCH 4, 2025

Withum is proud to announce that it has received a RippleMatch Campus Forward Award in Recruitment Strategies and Internship Programming. This recognition highlights the Firm’s commitment to attracting and developing new talent through early career recruitment with the internship program and Tour de Withum experience. The RippleMatch Campus Forward Awards reflects excellence in commitment to unwavering investment in innovative and multifaceted recruitment strategies.

CPA 92

CPA Education public accounting Account 92

Speaker: Claire Grosjean, Global Finance & Operations Executive

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

Spend Management