CPA Practice

AUGUST 28, 2024

CPA Practice Advisor has announced the 2024 Tax and Technology Innovation Award winners and finalists. After voting by the awards committee panel each year, the top five products are presented as winners of the Tax and Accounting Technology Innovation Awards. In 2004, under the editorial leadership of Gregory L.

Technology

CPA Practice

AUGUST 1, 2024

Top 25 accounting firm Carr, Riggs & Ingram (CRI) CPAs and Advisors has added ProSport CPA—a New Kent County, VA-based firm that specializes in tax and accounting services within the sports and entertainment niche—to CRI’s family of companies.

CPA

CPA Practice

APRIL 8, 2024

Bloomberg Tax & Accounting has launched its next generation suite of integrated solutions that modernize the corporate tax process, from data collection to tax calculations that power key deliverables. Bloomberg Tax changes the way tax professionals source and prep data using automation.

corporation tax

ThomsonReuters

APRIL 2, 2024

While the exact details of the investigation remain undisclosed, the IRS’s involvement suggests potential tax evasion and money laundering charges. In the case of the investigation into Shohei Ohtani’s former interpreter, the IRS’s involvement suggests that there may be evidence of tax evasion or money laundering.

Gambling

ThomsonReuters

OCTOBER 4, 2023

Artificial Intelligence (AI) has become a game-changer, helping accounting firms streamline processes, improve accuracy, and deliver more value to their clients. Tax compliance : AI assists in automating complex tax compliance tasks. We’ve already used it for some tax research, and we used it for some procedures.

accounting firms

CPA Practice

SEPTEMBER 6, 2023

Several AI systems were among this year’s winners of the Tax & Accounting Technology Innovation Awards, presented annually by CPA Practice Advisor, a technology and practice management resource for public accounting firms. states and the District of Columbia assess property taxes on real property (land, buildings, etc.).

Technology

ThomsonReuters

JANUARY 30, 2023

As the burden of corporate tax compliance mounts, companies are increasingly turning to tax and accounting firms for help in complying with direct tax requirements. How can direct tax software help tax reporting?

Tax

PYMNTS

DECEMBER 30, 2019

Some video game companies seek to curry interest in new systems by offering deals that pair consoles with games for lower prices, rather than buying both separately, for example. This strategy aims to dissuade consumers from waiting until more games are available, and existing prices drop.

Tax

CPA Practice

OCTOBER 3, 2024

Comprehensive Support and Services: support can be a game-changer for your business. Gustavo Fernandez is President of Payroll Service Pros, a family-owned business specializing in comprehensive payroll administration and tax compliance services for companies of all sizes.

payroll

Snyder

NOVEMBER 10, 2022

The biggest tax season challenge for a small business is tax preparation and filing. Most SMB owners fall into the trap of putting off taxes until the last minute because they don’t have professional tax accounting software backing them up. First, try to make the most out of your accounting software.

tax preparation

ThomsonReuters

NOVEMBER 8, 2022

Most accountants know that choosing the right accounting technology can boost the ability to serve clients, satisfy staff, and build deeper client relationships.?But But how do you take full advantage of technology to streamline accounting processes? . Standardize your tax workflow. Tax preparation. The result?

Technology

Going Concern

JULY 14, 2023

Prior to joining DLA, John served as a Partner with two National professional services firms, where he was the subject matter expert on business combinations, impairment analysis, income tax accounting, stock compensation, revenue recognition, and going concern analysis.

North Carolina

CPA Practice

APRIL 24, 2023

When it comes to choosing the next step, automating your company’s AP processes can be a game-changer by allowing your finance team to focus on work that makes an impact for the business. She has taught introductory accounting and personal finance courses, and she is a former computer applications instructor at the Indiana CPA Society.

Technology

Accounting Today

MARCH 14, 2024

This new standard changes the game for auditors to make risk assessments even more effective.

audit

CPA Practice

MARCH 22, 2024

By Brian Gordon, Raleigh News & Observer (TNS) With offices overlooking right field of Durham Bulls Athletic Park, the tax compliance software provider Avalara intends to add 100 workers to its downtown location in Durham, NC, by the end of the year. We want to scoop up the talent leaving other companies that are in decline.”

North Carolina

Shay CPA

OCTOBER 18, 2023

The landscape for small businesses and startups is constantly evolving, especially when it comes to taxes. One area ripe for taking advantage of is the Research and Development (R&D) Tax Credit. Recent changes in tax laws have made this opportunity even more enticing. How Does This Benefit Startups?

payroll tax

CPA Practice

JULY 19, 2023

a SaaS software company with a next-generation tax and accounting automation platform , has launched Gateway. The centralized dashboard empowers CPA firms of all sizes, providing seamless navigation across the audit and tax landscape. HubSync Co.,

audit

Going Concern

SEPTEMBER 16, 2022

per sq ft tax write-off? If you listen closely, you can hear it: The IRS Section 179D tax deduction is suddenly generating a lot of buzz. But the recent passage of the Inflation Reduction Act of 2022 (which is totally about reducing inflation and nothing else) changed the game, increasing the maximum deduction from $1.88

Tax

ThomsonReuters

OCTOBER 1, 2022

For today’s tax and accounting professionals, the name of the game is doing more with less. In a world where tax regulations are constantly changing, clients are demanding more, and competition is fierce, it’s hard to decide where to invest your limited time and resources. Stay current on tax laws.

Account

CPA Practice

DECEMBER 12, 2023

Top 200 accounting firm REDW Advisors and CPAs added Salem, OR-based tax and accounting firm Grove, Mueller & Swank P.C. Hawkins is now a tax principal at REDW. Terms of the deal were not disclosed. Steve Cogan “As a nimble, growth-oriented firm, we are regularly looking for opportunities.

Oregon

ThomsonReuters

JANUARY 29, 2024

This is where technology, particularly tax automation, plays a pivotal role. The role of tax automation Automation is a strategic asset in recruitment and retention. Automated tax processes standardize workflows, reduce manual errors, and significantly reduce the time spent on repetitive tasks.

Technology

Accounting Insight

FEBRUARY 27, 2023

If your target market is e-commerce businesses, you don’t want local businesses looking for a cheap tax return finding you. What you get found for is important as you don’t want non-target market clients reaching out when they’re not a good fit. This is why choosing the right keywords is essential.

accounting firms

CPA Practice

NOVEMBER 9, 2023

Thomson Reuters, a global content and technology company, has added several updates to its suite of tax, accounting and audit products, it announced at its annual customer event, SYNERGY. Automating tax and audit workflows “Tax industry professionals struggle with the increased pace of regulatory change and hiring challenges.

Technology

ThomsonReuters

JANUARY 18, 2024

Jump to: What are the roles and responsibilities for accountants? Accountant vs. CPA vs. tax preparer: What are the differences? GAAP and AICPA What issues should accountants be aware of in the profession? How can accountants be more efficient? Accountant responsibilities extend far beyond number crunching.

Account

Going Concern

MAY 6, 2022

The 25-year-old tax accountant saw the story on the news and decided he wanted to take Ralph, a woman he’d never met, to Game 2 of the NBA Finals. Barchilon bought Ralph a ticket and they went to the game in style–in a stretch limousine. The report, Interim Results of the 2022 Filing Season (Rep’t No.

auditor

Ryan Lazanis

FEBRUARY 6, 2023

3) Long Hours are Often Expected Accountants often work overtime to ensure they meet deadlines, especially when auditing a company or doing taxes for clients during the busy season. In today’s market, that talent is hard to find, resulting in many at the firm having to work more in order to cope with the influx of new clients.

Account

Accounting Insight

FEBRUARY 1, 2024

A large business tax enquiry / corporate tax enquiry is carried out by HMRC’s ‘Large Business’ directorate and ‘Wealthy & Mid-sized Business Compliance’ directorate. Remember, a corporate tax enquiry is not routine, despite what HMRC may suggest. This calls for increased resources being required at the business’ end (i.e.

corporation tax

Going Concern

MAY 5, 2023

Entry-level CPAs in advisory practices are making $11,000 more than CPAs starting out in audit and tax, and $20,000 more than non-CPAs in advisory. Entry-level CPAs in advisory practices are making $11,000 more than CPAs starting out in audit and tax, and $20,000 more than non-CPAs in advisory. He worked for Kimberly-Clark Corp.

audit

Going Concern

JANUARY 26, 2024

As GenAI continues to be pervasive in many different industries and areas, it will be critical for public and private sector actors to establish trusted AI programs with clear ethical guidelines and controls for GenAI use within the organization, emphasizing transparency, fairness, and accountability. Good Luck With That!

Account

Going Concern

SEPTEMBER 15, 2023

Sioux Falls CPA firm marks century in business [ SiouxFalls.Business ] The fourth-generation Sioux Falls firm Nelson & Nelson CPAs celebrates 100 years in business, providing tax, accounting, payroll and bookkeeping services. And part of the plan includes tailgating at football games. to 1,249 partners and staff.

Colorado

Going Concern

MARCH 18, 2022

Take a Career Break, but Stay in the Game [ Wall Street Journal ] You got burned out. 27, 2017, and placed in service during 2022, for 2022 and each succeeding tax year. Your kids needed you. You became a crypto millionaire overnight. Whatever the reason—congrats. Welcome to your career break, length TBD. 2022-17 contains the Sec.

audit

TaxConnex

OCTOBER 22, 2024

There’s always something changing in the world of sales tax. Alaska’s Remote Seller Sales Tax Commission confirms that the state will join the growing number of jurisdictions to repeal the transaction count requirement for determining economic nexus, effective next year. Here’s a review of some of the recent updates. Another one down.

Sales

ThomsonReuters

JUNE 5, 2025

Jump to Top priorities for GenAI integration The impact GenAI has on client relationships with tax and accounting firms The road ahead: Maximizing GenAIs potential Generative AI (GenAI) is quickly becoming a game-changer in the world of tax and accounting, reshaping how these industries operate and thrive.

Technology

Shay CPA

MAY 14, 2025

Qualified Small Business Stock (QSBS) is a significant tax incentive designed to encourage investment in small businesses. The provision is particularly beneficial for tech founders and investors, as it can lead to substantial tax savings upon the sale of their shares.

CPA

Going Concern

APRIL 25, 2025

Unity Advisors plans to offer only tax, accounting, and some consulting services but no audit. As far as we can tell, this will be Warburg Pincus’s first foray into professional accounting services. OK so he acknowledges that their former firms have a shiny exterior at least.

audit