Accounting Today

OCTOBER 28, 2024

Tax season is about providing superior, high-value services to clients. That means doing everything necessary to make the experience working with you pleasant.

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Tax Accounting Accounting 195

Xero

OCTOBER 30, 2024

As outlined in the autumn Budget, the UK government is committed to delivering Making Tax Digital (MTD) for income tax Self Assessment, which will be mandated in April 2026. At Xero, we’re ready for MTD for IT and will be participating in HMRC’s public testing phase from April 2025. What happens next?

Tax 138

Tax XERO Bookkeeping Invoicing 138

Accounting Today

OCTOBER 25, 2024

Artificial intelligence is transforming how firms manage tax returns, communicate with clients and handle administrative tasks.

Tax 173

Tax Accounting Accounting 173

Accounting Today

AUGUST 30, 2023

The Financial Accounting Standards Board voted to require companies to tell the public more about the taxes they pay, starting as early as 2025.

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Tax Financial Accounting Accounting Accounting 350

Analytix Finance & Accounting

NOVEMBER 20, 2024

As we prepare to move into 2025, here are some restaurant accounting and bookkeeping trends that can simplify your financial management and help grow your business. Automation has revolutionized accounting in recent years, and it will continue to do so in 2025. What about innovating to meet customer expectations?

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Accounting Accounting Bookkeeping Data Entry 52

Accounting Today

NOVEMBER 6, 2024

With 2025 nearly here, year-end tax strategies including gifting, charitable donations, estate planning, retirement plans and more are on the table.

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Tax 130

Accounting Today

NOVEMBER 6, 2024

Over half of accounting and tax firms plan to increase fees across all services in 2025, according to a new survey.

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Tax Accounting Accounting 289

Accounting Today

SEPTEMBER 4, 2024

The state of Maryland has become the latest to sign up for the IRS Direct File program for filing season 2025, offering residents a free way to file their taxes.

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Tax 173

Accounting Today

OCTOBER 9, 2024

In less than 30 days, Americans will elect the politicians who will set policy for the next two years in Congress and four years at the White House.

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Tax Corporation Tax 182

Accounting Today

NOVEMBER 20, 2024

For individuals, the overpayment and underpayment rate will be 7%.

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Tax 253

Accounting Today

AUGUST 27, 2024

The Treasury Department and the Internal Revenue Service said Tuesday that Maine will be the latest state to join the IRS Direct File free tax prep system for filing season 2025.

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Tax 182

Accounting Today

AUGUST 19, 2024

The Treasury Department and the Internal Revenue Service announced that North Carolina will be the latest state to join the IRS Direct File free tax program in filing season 2025.

Tax 182

Tax 182

Counto

MARCH 4, 2024

Important Changes to Employment Pass (EP) Requirements for 2025 Starting January 1, 2025, significant adjustments to the Employment Pass (EP) criteria will take effect, impacting both employers and foreigners alike. Experience a smarter way to outsource your accounting with confidence.

Budgeting 98

Budgeting Financial Services Tax Accounting 98

Accounting Today

AUGUST 30, 2024

Transfer pricing, Pillar Two, GLAM and more are important considerations.

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Tax 222

Accounting Today

NOVEMBER 1, 2023

10, 2025, to fix a refund claim. Taxpayers will now have through Jan.

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Tax 321

Xero

MARCH 13, 2024

Here are some key updates you need to know about, as well as our tips for a smooth transition into the 2025 financial year. These include changes to National Insurance (NI) contributions effective from 6 January (followed by a second change effective 6 April), a new Scottish tax band and holiday pay reform.

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Payroll XERO Tax Corporation Tax 194

Insightful Accountant

MAY 13, 2024

Small business owners and tax practitioners are debating whether to elect S corporation status before the potential corporate tax rate increase in 2025 due to the expiration of TCJA provisions.

Corporation Tax 103

Corporation Tax Tax 103

Accounting Today

OCTOBER 3, 2024

The free filing program will be available in 24 states, and reach potentially 30 million taxpayers.

Tax 258

Tax 258

Accounting Today

JANUARY 30, 2024

With the Qualified Business Income tax deduction of 20% set to expire in 2025 (unless it's extended), clients who are starting a business may wonder how their choice of entity will impact their QBI deduction and ultimately their bottom line.

Tax 157

Tax Corporation Tax 157

Fidesic blog

APRIL 4, 2023

New perpetual licensing sales end earlier, in 2025. Tax and other product updates for Dynamics GP, including some features enhancements already planned for 18.6 Starting April 1, 2025 no new sales of GP Perpetual Licenses. Again, no change for existing customers. For existing customers there are no changes.

AP 246

AP Tax Accounting Accounting 246

Xero

MAY 16, 2022

From pandemic restrictions to Making Tax Digital (MTD), hospitality businesses have had to stay agile and adapt to many changes in the past few years. In this guide, we’ll look at what the government’s Making Tax Digital initiative means for your hospitality business in practical terms. A closer look at MTD for hospitality.

Tax 175

Tax XERO Accounting Software Invoicing 175

Accounting Today

JULY 27, 2023

Legislation to extend the 20% deduction for pass-through businesses beyond its expiration date in 2025 is attracting bipartisan support in the House and Senate.

Billing 246

Billing Tax 246

Insightful Accountant

JULY 16, 2024

The potential expiration of key provisions of the Tax Cuts and Jobs Act (TCJA) at the end of 2025 is a critical issue that requires careful attention and proactive planning, and Section 199A is no exception.

Tax 98

Tax 98

NextProcess

OCTOBER 8, 2024

2) Facing Economic and Political Uncertainty Overall, surveyed CFOs are optimistic going into the end of 2024 and looking forward to 2025. tax policies) and internal regulations (e.g. The post 10 Ways to Use Automation Software to Address Top CFO Concerns Going into 2025 appeared first on NextProcess. However, the U.S.

Accounts Payable 52

Accounts Payable Accounts Payable Invoice Processing Collections 52

Cloud Accounting Podcast

OCTOBER 4, 2024

Blake and David discuss a controversial TurboTax ad campaign encouraging people to "break up" with their tax professionals, analyze survey data on AI adoption in accounting firms, and critically examine proposed changes to CPA licensure requirements.

Auditing 46

Auditing Tax CPA Accounting 46

Cloud Accounting Podcast

JULY 9, 2024

link] Cybersecurity Incident [link] Yieldstreet says some of its customers were affected by the Evolve Bank data breach [link] Need CPE? link] Cybersecurity Incident [link] Yieldstreet says some of its customers were affected by the Evolve Bank data breach [link] Need CPE?

Tax 49

Tax CPA QuickBooks Collections 49

Xero

JUNE 4, 2024

Xero Ledger: Annual tax basics to help prepare and submit annual tax returns for non-trading clients Xero Cashbook: Bookkeeping essentials for non-GST-registered clients The new line-up of plans is designed to make it simpler for you to recommend the best plan and tailor your practice services to clients.

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XERO Payroll Bookkeeping Tax 237

Insightful Accountant

AUGUST 26, 2024

This week's Part 2 cover 'Tax' as a specialty or CAAS service. Murph looks at a couple of the 'sub-categories' used by Insightful Accountant for both the 'Niche' and 'CAAS' Award categories.

Tax 52

Tax Accounting Accounting 52

Xero

APRIL 30, 2024

Ledger — annual tax basics to help prepare and submit annual tax returns for simple non-trading clients Cashbook — bookkeeping essentials for non GST registered clients. We’ll be taking into account your current plan (and any add-ons) as part of this and intend to move all plans by March 2025.

XERO 246

XERO Payroll Bookkeeping Tax 246

Counto

FEBRUARY 8, 2024

Mark Your Calendar: 2024 Tax Deadlines for Singapore Businesses As we step into 2024, it’s good practice to mark your calendar for the year’s compliance deadlines. Goods and Services Tax (GST) Returns: For GST-registered companies, filing and payment are due within one month after the end of each accounting period.

Tax 52

Tax Financial Statements Corporation Tax Financial Reporting 52

Counto

FEBRUARY 17, 2024

Called the Enterprise Support Package (ESP), it encompasses three key elements: a corporate income tax rebate, improvements to the Enterprise Financing Scheme (EFS), and an extension of the SkillsFuture Enterprise Credit. Get direct access to a dedicated Customer Success Manager, who’s backed by a team of accountants and tax specialists.

Budgeting 52

Budgeting Tax Accounting Accounting 52

Counto

FEBRUARY 17, 2024

Called the Enterprise Support Package (ESP), it encompasses three key elements: a corporate income tax rebate, improvements to the Enterprise Financing Scheme (EFS), and an extension of the SkillsFuture Enterprise Credit. Get direct access to a dedicated Customer Success Manager, who’s backed by a team of accountants and tax specialists.

Budgeting 52

Budgeting Tax Accounting Accounting 52

Compleatable

OCTOBER 14, 2024

These reforms, part of a broader tax overhaul, could reshape the financial landscape for private education and have far-reaching effects on families, school management, and the wider educational ecosystem. The VAT Reform The Labour Party announced it will be ending tax breaks on independent schools.

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Budgeting Invoice Processing Tax Invoicing 100

Xero

JANUARY 24, 2024

It can be tricky to keep tabs on the taxes and deductions you owe throughout the year as a small business. However, paying on time means getting peace of mind that you’re meeting your GST payment obligations as a business, and avoiding late penalties that cut into your earnings. Not registered for GST?

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XERO Record Keeping Invoicing Bookkeeping 220

Counto

FEBRUARY 17, 2024

percentage points from 2025 onwards. Closure of Special Accounts (SA): Starting from 2025, CPF members aged 55 and above will no longer have Special Accounts. This measure assists employers by covering half of the rise in employer contributions for 2025, fostering a smoother transition to the updated CPF framework.

Budgeting 52

Budgeting Deposits Payroll Tax 52

Xero

MAY 13, 2024

In Xero Payroll, all active and terminated employees (who will be included in the STP finalisation for the financial year) will need an employment type, income type, and tax scale defined in their records. percent on 1 July 2024 for the 2024/2025 financial year. Review your employees’ records to ensure they’re STP compliant.

Payroll 189

Payroll XERO General Ledger Reconciling 189

Intuit

APRIL 5, 2023

While basic skills such as budgeting, investing, and understanding taxes help to promote financial independence, unfortunately, financial literacy isn’t equally accessible to all. We are committed to the goal of better preparing 5 million students for jobs by the year 2025, and to date, we’ve engaged more than 1.9

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QuickBooks Budgeting Tax Accounting Software 246