ThomsonReuters

MAY 21, 2025

Jump to Top 5 priorities for tax and accounting professionals The impact of AI in tax and accounting firms Navigating the future of tax and accounting The landscape of the tax and accounting industry is evolving rapidly, driven by technological advancements and a growing demand for value-added services. According to the 2025 State of Tax Professionals Report by Thomson Reuters Institute , tax, audit, and accounting firms are focusing on several key priorities to stay competitive and meet the ch

accounting firms 66

accounting firms Tax Account accounted 66

Accounting Today

MAY 7, 2025

The growing capabilities of artificial intelligence mean the profession can't afford to be complacent, one expert says.

Account 128

Account accounted accountant 128

Canopy Accounting

MAY 7, 2025

May 7, 2025 SALT LAKE CITY Canopy , the leading practice management platform for accounting firms, today announced the launch of Canopy University , a new certification and training program designed to help customers use the Canopy platform with greater confidence and skill.

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Account accounted accountant accounting firms 52

CPA Practice

MAY 9, 2025

The qualities necessary for success in the fields of accounting and tax have always included a natural inquisitiveness, a keen eye for details, being comfortable working with complex inter-related data, and sometimes working long hours, either due to reporting seasons or project deadlines. These traits are still necessary, but several other factors have grown critical.

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Tax Account accounted accountant 114

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

Tax

Accounting Today

MAY 13, 2025

A report by the Association of Chartered Certified Accountants found 54% of North American respondents say they have career ambitions to be entrepreneurs.

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Account accounted accountant 108

Accounting Insight

MAY 8, 2025

Accounting might not be known for drama but right now, its having a bit of a plot twist. The M&A wave isnt just rolling in; its redrawing the landscape. It is no longer about firms getting bigger, but about how they are being reimagined. M&A has shifted from a growth tactic to something much more fundamental: a strategic response to a profession in flux.

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Account accounted accountant accounting firms 52

AccountingDepartment

MAY 8, 2025

Opting for outsourced client accounting services can significantly conserve time and resources for your business. Nevertheless, locating a reliable outsourcing partner can be difficult. But how can you be sure youre choosing an outsourced accounting service you can trust? A few characteristics of trustworthy, competent, and reliable accounting services will help you know the provider you chose is the right one.

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Account accounted accountant bookkeeping services 61

Ryan Lazanis

MAY 5, 2025

I’m sure you’ve heard this question before. With more accounting firms relying on artificial intelligence than ever, will it replace […] The post Will AI Take Over Accounting Anytime Soon? appeared first on Future Firm.

Account 52

Account accounted accountant accounting firms 52

Patriot Software

MAY 8, 2025

As a business owner, you likely pay wages to employees. But when it comes to paying yourself, what do you do? Depending on your type of business structure, you might be able to pay yourself an owners draw. What is an owners draw?

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Account accountant accounted 96

BurklandAssociates

MAY 20, 2025

Scaling a startup takes vision and hustle. But when its time to negotiate its acquisition you need a new playbookone built on precision, preparation, and strategic leadership. The post M&A is Hot. Are You Prepared When an Offer Comes In? appeared first on Burkland.

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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

TaxConnex

MAY 1, 2025

E-commerce began and soon exploded as a spinoff from brick-and-mortar retail. Now the spinoff is large enough to generate its own spinoffs, one of which is quick commerce, or q-commerce. This pairing of e-commerce and brick-and-mortar retail, sometimes called on-demand delivery, means a mouse click and digital payment initiate delivery within an hour or two.

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E-commerce Sales Tax Kansas 147

Accounting Today

MAY 27, 2025

The Internal Revenue Service is expected to lean more heavily on artificial intelligence technology to select cases as it carries out widespread layoffs.

audit 130

audit Tax 130

Going Concern

MAY 20, 2025

Business Insider published an article early this morning that blatantly suggests AI is a huge threat to the Big 4 revenue machine. Let’s include the intro here so you can see where they intended to go with it: The Big Four Deloitte, PwC, EY, and KPMG are a select and powerful few. They dominate the professional services industry and have done so for decades.

audit 105

audit Technology Tax 105

CPA Practice

MAY 20, 2025

Tariff Risk Analyzer uses a companys contract data to calculate the impact of newly established tariff structures on supply chain business relationships and then provides recommended next steps.

Account 109

Account accountant accounted 109

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.

Withum

MAY 21, 2025

On Monday, May 12, 2025, the House Ways and Means Committee released additional details about its proposed tax legislation, The One, Big, Beautiful Bill. While the bill may undergo further changes in the Senate, it lays the foundation for 2025 tax reform. Heres a breakdown of key provisions and their potential impact across various industries. House Ways and Means Committee Unveils Tax Reform Bill With Business and Real Estate Provision Authored by: Michael Hurwitz , CPA The House proposal spec

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Real Estate Tax CPA Washington 119

BurklandAssociates

MAY 6, 2025

Every round affects your ownership. This guide helps you model dilution and make smarter fundraising decisions. The post Modeling Dilution to Plan Smarter Fundraises appeared first on Burkland.

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TaxConnex

MAY 8, 2025

How do states look at SaaS (software as a service)-oriented businesses and sales tax requirements? The short answer is, Many ways. The longer answer is, Many, many, many ways. The complexity of sales taxes and SaaS is a confluence of factors, including almost a decade of upheaval in states tax statutes and the advent and lightning development of whats become everyday technology (and how the technology is delivered).

South Dakota 147

South Dakota South Carolina Technology Ohio 147

Accounting Today

MAY 5, 2025

The IRS continued layoffs, changed its acting commissioner, and ended its Direct File program as Tax Day arrived.

Tax 124

Tax 124

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

Going Concern

MAY 21, 2025

Oops. Late last year, the state of Rhode Island discovered nefarious individuals had gained access to their state benefits system RI Bridges, a system built and managed by Deloitte. This meant hackers got their hands on the personal information of Rhode Islanders who’d used state programs such as Medicaid, SNAP, Medicaid, health coverage purchased through HealthSource RI, and at-home care services provided by the state, among other things.

Rhode Island 103

Rhode Island Account accountant accounted 103

CPA Practice

MAY 7, 2025

In addition to halting issuing of paper checks, the government will no longer accept paper checks as payment.

Government 111

Government income tax Tax 111

Ryan Lazanis

MAY 21, 2025

There is no excerpt because this is a protected post. The post Protected: The Top 50 Modern Accounting Firms of 2025 appeared first on Future Firm.

accounting firms 122

accounting firms Account accounted accountant 122

Randal DeHart

MAY 2, 2025

Running a business involves countless moving parts, which can feel overwhelming. From managing projects and keeping the team on the same page to ensuring profitability, have you ever sent an email about a critical update only to find that team members missed it? With a job management system, those headaches disappear. Given the industry's complexity and unique challenges, effective job management is crucial for construction contractors.

Construction 101

Construction Gaming 101

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

TaxConnex

MAY 22, 2025

Sales tax rules on clothing are some of the most complex nationwide, as a patchwork of states offer complete exemptions, no exemptions and everything in-between for specific types of clothing. One size sure doesnt fit all. Worn by humans Almost all states with a statewide sales tax treat sales tax on clothing differently, and a few states dont levy a statewide sales tax it at all (including, of course, the NOMAD states).

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Rhode Island West Virginia Iowa Oklahoma 130

Accounting Today

MAY 6, 2025

The job cuts amount to about 2% of PricewaterhouseCoopers' U.S. workforce of approximately 75,000 employees.

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Withum

MAY 16, 2025

When tariffs disrupt supply chains, companies face an important decision of how best to weather the storm. Tariffs can be majorly disruptive and increase complexity, including rising costs, sourcing and supplier challenges and increased compliance hurdles. For many businesses, tariffs will strain working capital and may even cause undesired customer or supplier turnover.

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Manufacturing Transportation audit Maine 95

CPA Practice

MAY 12, 2025

Proper financial reporting is essential for not-for-profit organizations to maintain transparency, donor confidence, and regulatory compliance. But despite their best intentions, many NFPs consistently make critical errors in their financial statements.

financial statements 103

financial statements Account accountant accounted 103

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

SchoolofBookkeeping

MAY 9, 2025

What Happens When Your QuickBooks Pro or Premier Subscription Lapses or Is Cancelled? So, you’ve been living the dream with QuickBooks Desktop Pro or Premier, but now you’re staring down the barrel of a lapsed subscription—or worse, cancellation. What happens next? Does your data just vanish into the ether? Does Intuit send you a “Thanks for playing!

quickbooks 97

quickbooks payroll Account accountant 97

Randal DeHart

MAY 16, 2025

Implementing an effective payroll system is crucial for construction business owners, as it directly impacts project management, employee satisfaction, and overall financial health. Given the complexities of the construction industry, including varying pay rates, overtime requirements, and the need for certified payroll reports, developing a streamlined payroll process is essential.

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Construction payroll payroll tax Tax 94

TaxConnex

MAY 6, 2025

I am excited to announce that TaxConnex has won the Best of Accounting Award for providing superior service to our clients for the third consecutive year! ClearlyRated's Best of Accounting Award winners are chosen based entirely on ratings provided by by clients in an annual survey sent through ClearlyRated. On average, clients of 2025 Best of Accounting winners are 1.6 times as likely to be satisfied than those who work with non-winning firms.

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Account accounted accountant Sales 147

Accounting Today

MAY 12, 2025

The Internal Revenue Service has not yet satisfied the goal of the Payment Integrity Information Act to reduce improper payment rates to less than 10%.

Tax 116

Tax 116

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