Trending Articles

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We heard you: Making payroll more affordable for Australian small businesses

Xero

Last year we introduced a new line up of plans for our Australian customers to simplify our offering and make it easier to choose the right plan. As part of this, we made some changes to how payroll was included in our plans. Since then, we’ve heard from you, our community, that we didn’t quite get it right for everyone particularly those with a few employees, or small business owners who need to pay themselves.

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New bill calls for tax preparer regulation

Accounting Today

Rep. Steve Cohen has re-introduced a bill that would give the IRS the authority to set and enforce standards for tax pros.

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Positive Pay | What is Positive Pay? How Does it work?

Fidesic blog

As the rate of fraud incidents increases, covering the costs is becoming less financially sustainable for banks. As a result, many U.S. banks have become more restrictive in covering fraud losses, especially where B2B payments are concerned. As this places businesses at more risk for fraud losses, implementing positive pay to protect vendor payments is more important than ever.

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6 Steps to Winning as a Finance Leader in 2025

Compleatable

The role of finance leader is evolving rapidly in 2025, driven by advancements in technology, regulatory shifts, and changing business expectations. To stay ahead, finance professionals must adopt new strategies, embrace automation, and enhance their decision-making capabilities. Here are six essential steps to thriving as a finance leader in 2025. 1.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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From Startups to Enterprises: Custom CFO Support Services for Your Business

Accounting Department

In the constantly changing world of business, a single approach seldom suits everyone. This is especially applicable to financial management. Whether you're an emerging startup or a well-established company, maintaining a strong understanding of your finances is essential.

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JAX expands beta access and introduces new features to save you time and effort

Xero

A year ago, we shared our vision to reimagine accounting using AI and mobile , recognizing the transformative potential for small businesses and the industry. As part of delivering on that vision, we launched Just Ask Xero (JAX), our smart and reliable generative-AI business companion, to make accounting tasks easier and save you time through simple conversation within everyday apps.

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Top Strategies to Optimize Accounting for Your Ecommerce Business Success

CapActix

Certainly, running an e-commerce company is all about more than merely possessing wonderful products, a unique catalog, and a well-designed online store. In the background, what actually keeps profitable online stores up and running is wise financial management. With continuous cash flow activity, various payment channels, and expenses from all directions, using reliable accounting services for ecommerce business has become as essential as marketing and customer support activities and investment

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Use the Digital Advantage to Streamline Charity Operations and Spending

Compleatable

In a world where efficiency and transparency are paramount, charities must leverage digital tools to maximise their impact. The pressure to do more with less, while ensuring donor trust, has never been greater. With local government structures evolving, through the creation of Strategic Authorities (SAs) and the shift towards unitary authorities by 2028 , charities must also adapt to new ways of working.

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Controller vs. Bookkeeper vs. CFO: Understanding the Key Differences

Accounting Department

When it comes to managing a companys finances, businesses often rely on a combination of bookkeepers, controllers, and CFOs to maintain financial health and make strategic decisions.

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What’s new in Xero – March 2025 & Quarterly Wrap

Xero

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.

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The Silent Crisis: Why Finance Lags in Digital Transformation and How to Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

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SEC hits the brakes on accounting and auditing enforcement

Accounting Today

The Securities and Exchange Commission dramatically pulled back on accounting and auditing enforcement last year after two years in a row of increases.

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Top 7 Credit Risk Management Tools in 2025

Gaviti

In the realm of B2B transactions, it’s easy to assume that securing a sale signifies the culmination of your efforts. However, the real challenge lies in ensuring that the customer fulfills their payment obligations. Without proper credit assessments and checks, businesses expose themselves to significant financial risks, including cash flow disruptions and potential bad debts.

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How Small Businesses in Singapore Can Market Themselves on a Small Budget with Smart Financial Planning

Counto

How Small Businesses in Singapore Can Market Themselves on a Small Budget with Smart Financial Planning Marketing is essential for business growth, but many small business owners in Singapore face tight financial constraints. The good news is that with smart financial planning, you can market your business effectively even on a small budget. Careful planning ensures that your marketing efforts are targeted and cost-efficient, helping you maximise your return on investment while maintaining finan

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How Far Back Can You File Taxes? 

Nolan Accounting Center

Dealing with taxes may be a challenge for many small business owners. However, the reality is that failing to pay taxes or making late tax payments can result in costly and potentially severe penalties. Thus, it is wise to pay taxes correctly and on time. However, there may be situations where taxes have been unpaid for some time, and business owners may ask, How far back can you file taxes?

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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Former IRS agent reveals impact of massive agency layoffs

Blake Oliver

In this episode of The Accounting Podcast , former IRS revenue agent Jeff Johnston shares his experience of being laid off from the IRS as part of DOGE's federal workforce reduction initiative. Jeff explains how many experienced professionals like him left established careers to join the IRS, only to be dismissed with minimal notice. This could be just the beginning of cuts potentially targeting up to half of the agency's 90,000 employees.

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BPM expands in Canada

Accounting Today

The Top 50 Firm is expanding further in Canada by adding locations in the greater Toronto area and Calgary.

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Driving a Successful Company-Wide FinOps Cultural Change

finout

The landscape of financial operations (FinOps) is undergoing a transformative change as organizations embrace cloud technologies. A successful FinOps cultural change within a company isnt just about adopting new tools or processes; its about creating a financial mindset that permeates every level of the organization. This article dives into the insights shared by experts Dvir Mizrahi, previous Head of FinOps at Wix and Asaf Liveanu, Co-Founder & CPO at Finout on how to navigate the challenge

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Costly Advertising Mistakes Small Businesses in Singapore Must Avoid 

Counto

Costly Advertising Mistakes Small Businesses in Singapore Must Avoid As a small business owner in Singapore, advertising is essential for increasing your brands visibility and attracting new customers. However, many small businesses make advertising mistakes that can damage their reputation, waste valuable resources, and even result in legal issues.

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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What Is a Cashier’s Check and Where To Get Them

Fit Small Business

Working in a bank for many years, I witnessed frustrated small business owners on the receiving end of bounced checks, which led to delayed business transactions. To avoid this issue, I recommend getting a cashiers check, especially for large business purchases or vendor payments. Cashiers checks are bank-guaranteed, fraud-resistant, and reliable compared to personal and.

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March Hiring Prep: Strengthen Your Tax Team for Post-Busy Season Success

accountingfly

As the peak busy season ends in April, its time for accounting firms to shift their focus to whats nexttax team hiring. While your team is still in all-hands-on-deck mode, March is the ideal time to start preparing for the post-busy season transition. Laying the groundwork now ensures youre ready to bring in the right talent when the time comes. Assess Your Teams Workload As March progresses, its important to step back and evaluate your teams workload, even during the busiest time of the year.

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Fintech execs discover the enemy within: AI

Accounting Today

Most accounting tech companies pride themselves on making life easier for accountants, but why would accountants buy AI that could theoretically take their jobs?

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What to Look for in a Payroll Service Provider: A Small Business Guide

Outsourced Bookeeping

A small business owner must prioritise payroll management as a vital operational duty. Accurate and timely employee payments maintain high employee morale while meeting all tax regulations. The payroll system contains various complexities as it requires thorough tax and legal obligation knowledge to execute. Thus, experienced payroll service provider act as the perfect solution to manage payroll operations.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Scaling Your Business? Here’s Why a Chief of Staff is the Missing Piece

Counto

Scaling Your Business? Heres Why a Chief of Staff is the Missing Piece Growing a business is an exciting yet challenging process. As operations expand, so do the complexities of managing teams, refining workflows, and staying aligned with long-term goals. Many small business owners focus on hiring more employees or upgrading technology, but one critical role is often overlooked: the Chief of Staff (CoS).

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What Is Disaster Recovery? Definition, How It Works & Benefits

Fit Small Business

As businesses rely more on technology to run operations and manage distributed teams, protecting your communication systems from catastrophic events becomes increasingly important. The best preparation for uncertainty is taking the initiative to develop a clear disaster recovery plan. Disaster recovery involves crucial steps, starting with prevention and mitigation, to fully restore data and operations.

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The return of Fyre Festival: Same red flags, new location

Blake Oliver

Fraudsters have a predictable pattern: they simply don't stop until someone forces them to. And that means Fyre Festival is back! After defrauding investors and customers of $26 million and serving part of his six-year sentence, Billy McFarland is planning "Fyre Festival 2.0" for May 30-June 2 in Mexico. The ticket prices? They range from $1,400 to $1.1 million for a package that includes admission for 8 people, flights from Miami to Cancun, helicopter transfers, and either a yacht or villa.

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Tax Fraud Blotter: Class dismissed

Accounting Today

Family plot; past and present; fat chance; and other highlights of recent tax cases.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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Fundraising Best Practices

Accounting Tools

Fundraising is essential for a nonprofits financial sustainability and ability to achieve its mission. To maximize fundraising success, organizations should implement strategic approaches that engage donors, build trust, and diversify their revenue streams. Below are many best practices that can help nonprofits improve their fundraising efforts. Strategic Planning and Goal Setting Set clear fundraising goals.

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How to Determine Your Market Value as an Employee for Better Payroll Negotiations

Counto

How to Determine Your Market Value as an Employee for Better Payroll Negotiations Understanding your market value is essential in todays job market. For employees, it means negotiating salaries confidently. For employers, it ensures fair and competitive payroll negotiations. But how do you accurately assess market value? And why does it play such a crucial role in payroll negotiations?

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EIN vs. SSN: Key Differences & When to Use Each

Fit Small Business

When starting a business, choosing between an EIN and your SSN for tax purposes is one of your first critical decisions. An Employee Identification Number (EIN) is a 9-digit tax ID specifically for businesses, while your Social Security Number (SSN) is your personal tax identifier. Getting this right from the start saves you the headaches. The post EIN vs.

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Top Remote Tax and Accounting Candidates | March 13, 2025

accountingfly

Top Remote Tax and Accounting Candidates This Week Are you in need of remote accountants? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote tax and accounting candidates without any upfront costs. Here are some of this week’s top remote tax and accounting candidates.

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AP Automation: The Competitive Advantage Your Business Needs

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging technology to drive productivity and cost savings. So, how do you make the case for automation within your organization?