Trending Articles

article thumbnail

At the end of a smooth tax season, an uncertain home stretch

Accounting Today

Tax preparers are concerned about the IRS's ability to make it through to April 15.

Tax 269
article thumbnail

Unlock Business Growth with Client Accounting Services from AccountingDepartment.com

Accounting Department

As a business owner, you're undoubtedly aware of the myriad responsibilities that come with the territory. From strategic decision-making to managing day-to-day operations, your plate is full.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The economic impact of small businesses? Not so small, after all.

Intuit

Small- and medium-sized enterprises (SMEs) power the UK economy, representing over 99% of all businesses. They play a crucial role as innovators, local employers, and the cornerstones of communities across the nation. However, SMEs often face significant barriers to success and lack representation in the policy discussions that could address their challenges.

article thumbnail

The Hidden Risks of Relying on Proprietary Accounting Software

Accounting Department

Accounting is the backbone of any business, from managing cash flow to ensuring compliance and long-term scalability. Many business owners turn to proprietary accounting software for streamlined financial management, captivated by promises of simplicity and powerful functionality.

article thumbnail

Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

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.

article thumbnail

Accounting firms declare their independence

Accounting Today

In an era dominated by private equity and merger mania, firms that want to stand alone have to make that a conscious and continual choice.

article thumbnail

Best Alternative to AvidXchange Ariett Before November 2025

Compleatable

As AvidXchange phases out Ariett on November 1, 2025, businesses are actively seeking robust alternatives for their purchasing and accounts payable automation needs. Compleat Software emerges as a compelling solution, offering enhanced functionalities that not only match but surpass those previously provided by Ariett. This article explores the core features of Ariett and demonstrates how Compleat Software delivers equivalent or superior capabilities, ensuring a seamless transition for businesse

More Trending

article thumbnail

The Zero Cost Accounting Client Acquisition Method w/Alyssa J. Dillon

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes Alyssa J. Dillon , a fellow entrepreneur who shares her inspiring journey of starting her own business. The conversation kicks off with Alyssa recounting the pivotal moment when she decided to quit her job and explore the possibility of working for herself after receiving a side accounting request.

article thumbnail

How Schools & MATs Are Cutting Costs Without Cutting Corners

Compleatable

If you work in school finance, you know the juggling act all too well, tight budgets, growing demands, and a mountain of paperwork that never seems to shrink. For many schools and Multi-Academy Trusts (MATs), managing purchasing and invoices is still a manual, time-consuming process. But what if you could save time, reduce errors, and cut costs, all without adding to your workload?

Budgeting 100
article thumbnail

Navigating the Complexities of Indirect Spend Management

oAppsNet

In the intricate landscape of corporate finance, indirect spendingencompassing expenses not directly tied to the production of goods or servicesoften remains under the radar. Yet, its effective management is pivotal for operational efficiency and financial health. At oAppsNET, we specialize in transforming such overlooked areas into avenues of strategic advantage, helping organizations unlock savings, improve supplier relationships, and enhance overall procurement strategies.

article thumbnail

IRS cuts could cost $500 billion: Is tax compliance about to collapse?

Blake Oliver

The Washington Post reported that unnamed IRS officials are projecting a huge $500 billion drop in tax revenue this year due to DOGE's cuts to enforcement. I'm not buying that argument, and here's why. The IRS argues that if people think there's less tax enforcement, they won't pay up. But audit rates are already super low - less than 1% overall. So, would slightly reducing these already tiny percentages really cause a 10% revenue collapse?

Tax 52
article thumbnail

What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

article thumbnail

How do I end up with tax bill at the end of the year?

Ontrack Bookkeeping

New Zealanders on salary or wages may find that once their income tax assessment has been calculated automatically, they end up having tax to pay – and suddenly it’s panic stations! (Don’t worry, this happened to me, and I did the same!). There may be a reason for it! If you get paid on a Monday, this year there are 53 weekly pay periods, as opposed to 52 weekly pay periods.

Billing 59
article thumbnail

AI startup hires auditors to investigate inflated sales

Accounting Today

Builder.ai lowered sales figures and hired auditors, a major setback for the artificial intelligence startup backed by Microsoft and the Qatar Investment Authority.

article thumbnail

East Cheshire Hospice Success Story

Compleatable

“From an IT and budget holder perspective, iCompleat is very user friendly and efficient to use. Raising orders and integration with Amazon Business is a great feature that I regularly use. The platform is reliable, easy to setup with Sage 50 and Compleat are always releasing new features to make it better” Download Testimonial The post East Cheshire Hospice Success Story first appeared on Compleat Software.

Budgeting 100
article thumbnail

Insurance Claims & Prior Authorizations Streamlined with AI & RPA

RevCycle

In the complex world of healthcare revenue cycle management, insurance claims and prior authorizations are among the most time-consuming and error-prone processes. But with the rise of Artificial Intelligence (AI) and Robotic Process Automation (RPA), healthcare providers, payers, and third-party agencies have new tools to reduce friction, improve accuracy, and speed up reimbursement.

article thumbnail

Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

article thumbnail

The Best AI Note-taking Tool for Meetings in 2025 (+ Free Options)

Fit Small Business

Automation and artificial intelligence are not just industry buzzwords; they significantly enhance operational efficiency, productivity, and team collaboration. For example, AI is changing how we record and document meetings through the growing popularity of AI note-takers. The best AI meeting note-takers offer essential features and benefits for business owners, including automatic transcription, real-time meeting summaries, The post The Best AI Note-taking Tool for Meetings in 2025 (+ Free Opt

52
article thumbnail

7 Ways Accountants Can Use ChatGPT [Step-by-Step Tutorial]

Jetpack Workflow

Many accountants recognize the potential of AI tools like ChatGPT but feel stuck between curiosity and confusion about how to apply these tools to their daily workflows without risking accuracy or client trust. This guide walks you through 7 practical, ready-to-use ChatGPT applications specifically designed for accounting professionals, with no technical expertise required.

article thumbnail

House passes tax administration bills

Accounting Today

The House unanimously passed six bipartisan bills concerning taxes and the IRS, four of which were endorsed by the AICPA.

Billing 241
article thumbnail

Directions NA Sessions To See

Fidesic blog

Directions North America is right around the corner and we can't wait. This year in Las Vegas, Directions North America is the only Microsoft Dynamics 365 Business Central event created by partners, for partners, in the community in North America.

AP 130
article thumbnail

Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

article thumbnail

10 Benefits of Outsourcing Bookkeeping for Growth in 2025

Outsourced Bookeeping

Businesses are embracing digital upgrades as financial management evolves rapidly. With rising competition, stricter regulations, and real-time data needs, efficient outsourcing bookkeeping is essential. International and domestic organisations now prefer to avail outsourced bookkeeping services USA to optimise their operations while supporting sustainable growth.

article thumbnail

ACH Loan: Quick Cash or Costly Mistake? How It Works & Cautionary Tales

Fit Small Business

An ACH loan (also known as a cash flow loan) provides you with swift access to short-term financing. It offers fast approval and automated repayments via the Automated Clearing House network. While it presents convenience, frequent payments can strain cash flow. Some businesses use it to drive growth or handle unexpected expenses requiring immediate funding, The post ACH Loan: Quick Cash or Costly Mistake?

52
article thumbnail

Same-Day Business Funding: 3 Best Options & Tips for Success

FundThrough

Key Takeaways: Same-day business funding offers quick access to capital for emergencies, growth opportunities, and operational expenses, with options like invoice factoring, short-term loans, and flexible lines of credit tailored to different business needs. While eligibility requirements for same-day funding vary, factors such as time in business, annual revenue, credit score, and collateral requirements play […] The post Same-Day Business Funding: 3 Best Options & Tips for Success ap

article thumbnail

PCAOB sees improvements in largest audit firms

Accounting Today

The Public Company Accounting Oversight Board's inspection staff found noticeable improvements in the deficiency rates of the six largest global auditing firms.

Auditing 234
article thumbnail

Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

article thumbnail

CloudHealth Pricing Tiers and Contract Structure Explained

finout

What Is VMware Tanzu CloudHealth? VMware Tanzu CloudHealth is a cloud management platform that helps businesses optimize and govern their multi-cloud environments. CloudHealth provides visibility, cost management, and compliance tools across public, private, and hybrid clouds. It allows users to monitor cloud resource usage, establish policies for cost allocation, and ensure compliance.

52
article thumbnail

17% of millennials are considering not filing taxes this year

Blake Oliver

Heres a shocking stat: 17% of millennials are considering not filing taxes this year because they think there's less chance of being audited due to IRS job cuts. In our latest episode of The Accounting Podcast, David Leary and I analyze this survey data point. We also examine IRS officials' claims that budget cuts will widen the tax gap by $500 billion.

Tax 52
article thumbnail

30 TikTok Shop Statistics to Know in 2025

Fit Small Business

TikTok is reshaping the future of ecommerce even if its future in the U.S. hangs in the balance. As lawmakers debate whether to ban the app or force a sale to an American company, TikTok remains a powerhouse in the world of social commerce. The all-in-one platform blends entertainment, education, community, and shopping, making it. The post 30 TikTok Shop Statistics to Know in 2025 appeared first on Fit Small Business.

52
article thumbnail

Payroll changes – 1 April 2025

Ontrack Bookkeeping

1st April always see’s changes for payroll. Below is a summary of the 1 April 2025 updates: ACC Earners Levy updating to 1.67 cents ACC Earner threshold updating to $152,790.00 Minimum Wage Adult Min Wage increasing to $23.50. Starting Out/Training Wage increasing to $18.80 Tax on Extra pay on Final Pay Updated method for calculating Extra Pay Tax on Termination Pays Tax Codes No change this year Student Loan thresholds No change this year ESCT ESCT Thresholds updated These updates

Payroll 52
article thumbnail

How To Break Digital Transformation Barriers And 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?

article thumbnail

AI in accounting: Weighing the pros and cons

Accounting Today

Experts at a recent AICPA symposium dove into the upsides and the downsides of artificial intelligence.

article thumbnail

Smarter finances, stronger businesses

Plooto

What happens when entrepreneurs stop improvising their finances and start building smart, sustainable systems? They scale faster, reduce burnout, and gain the freedom to actually grow their business. On our first season of Greater Than The Sum , we spoke with Canadian SMB owners and experts whove lived this transformation firsthand. From late-night check-writing to scalable fintech stacks, their stories offer a playbook for entrepreneurs and finance professionals alike.

52
article thumbnail

Voting for the 2025 ProAdvisor Awards Closes on Tuesday

Insightful Accountant

Voting for the ProAdvisor Awards closes on Tuesday April 1. If you haven't voted for the 2025 ProAdvisor Awards now is the time to cast your ballot for both U.S. and International candidates.

98
article thumbnail

Self-Employed Retirement Plans: Top Options & Benefits

Fit Small Business

Choosing the right self-employed retirement plans depends on your income, business structure, and savings goals. As a self-employed individual, you have several options, each with unique benefits, such as high contribution limits, tax advantages, or flexibility. Below, we break down the key features of different retirement options for self-employed individuals to help you determine which.

Tax 52
article thumbnail

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.