Thu.Mar 27, 2025

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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.

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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.

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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

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Firms with AI report higher per-employee revenue

Accounting Today

A recent survey from Rightworks found firms that use AI have a higher revenue per employee than firms that do not.

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Forecasting Failures Are Costly: Here's 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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.

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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.

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PwC announces Agent OS for coordinating AI agents

Accounting Today

Big Four firm PwC announced the release of Agent OS, styled as an agentic AI operating system to streamline AI workflows and orchestrate complex, multi-agent business processes at scale.

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Tax Fraud Blotter: Needing relief

Accounting Today

Nothing but the tooth; an offer she can't refuse; patterns of filing; and other highlights of recent tax cases.

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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.

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Building the business case for DEI in accounting firms

Accounting Today

A diverse team isn't about filling seats or meeting quotas; it's about breaking free from the hive mind.

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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.

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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

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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.

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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

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How to File Business Bankruptcy in 2025: Step-by-Step Guide

Fit Small Business

The decision to file bankruptcy as a business owner is not an easy one to make. Filing bankruptcy is a time-consuming and expensive process, and one that can be a black mark on your credit, making it difficult to secure loans or other sources of funding in the future. However, if you truly cannot afford. The post How to File Business Bankruptcy in 2025: Step-by-Step Guide appeared first on Fit Small Business.

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ADM to cut CEO's bonus after accounting scandal hit shares

Accounting Today

The move comes after ADM adjusted years of financial results due to errors in the way it reported transactions between business units.

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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.

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Small Business Grants & Resources for Former Felons

Fit Small Business

Grants and other resources are available to people who were convicted of felonies and are interested in financing a business. The best small business grants and resources for former felons should offer financial and educational opportunities that provide capital and help support business growth. Ive compiled some of the best financing resources, which can apply.

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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.

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Top Remote Audit, Tax and Accounting Candidates | March 27, 2025

accountingfly

Top Remote Audit, 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 audit, tax, and accounting candidates without any upfront costs. Here are some of this week’s top remote audit, tax, and accounting candidates.

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Stop Undercharging and Start Earning What You’re Worth

The Successful Bookkeeper

Many bookkeepers struggle with pricing their services. They know the value they bring to their clients but often hesitate to charge what they deserve. This leads to long hours, financial stress, and a business that feels more like a job than a profitable venture.

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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?

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April's QB Talks is a Deep-Dive into the "Best of the Best Payroll Apps"

Insightful Accountant

Murph and Debra Kilsheimer will take a deep dive into the 'Best of the Best' Payroll Apps. Are you using the 'old standby' Payroll and wondering if you're getting the best "bang for your buck?" Don't miss this opportunity to explore something else!

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Ultimate Guide to QuickBooks Online & QuickBooks Enterprise Support

Ace Cloud Hosting

QuickBooks Online (QBO) and QuickBooks Enterprise Solutions (QBES) are two outstanding accounting products from Intuit designed to streamline financial management. These solutions cater to businesses of all sizes, from small.

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The Future of Tax Practice: How AI Will Transform Your Business

Insightful Accountant

Its no secret that the impact of artificial intelligence on tax practices is no longer theoreticalit's rapidly becoming reality. Recent industry surveys and analyses reveal that AI is fundamentally reshaping our industry.

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Where Does 1099-S Form Go on a Tax Return?

Black Ink Tax & Accounting

Table of Contents Self-Employed Housekeeper Tax Return: The Ultimate Guide If you are a self-employed housekeeper, you have the flexibility […] The post Where Does 1099-S Form Go on a Tax Return? appeared first on bitaccounting.

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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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IAASB offers auditing standard implementation guide

Accounting Today

The International Auditing and Assurance Standards Board and the International Sustainability Standards Board provided help with adopting their standards.

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How Much Does a Living Trust Cost?

Black Ink Tax & Accounting

Table of Contents Self-Employed Housekeeper Tax Return: The Ultimate Guide If you are a self-employed housekeeper, you have the flexibility […] The post How Much Does a Living Trust Cost? appeared first on bitaccounting.

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Small biz says sales growth under pressure

Accounting Today

Many companies are enthused by Trump's proposals to cut taxes and regulation, but there's mounting concern that his tariffs will raise prices and squeeze margins.

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Strong Canadian Support is Critical for Small Businesses to Survive—And Even Thrive—Amid Trump’s Tariff Chaos

FundThrough

Canadas small businesses are under siege. Ever since U.S. President Donald Trump announced a 25 percent tariff on Canadian imports, the fallout has been swift: hiring freezes, layoffs, and stalled investments are only the beginning. While Trump has paused tariffs on goods that fall under the USMCA trade agreement until April 2, the uncertainty is […] The post Strong Canadian Support is Critical for Small Businesses to SurviveAnd Even ThriveAmid Trumps Tariff Chaos appeared first on FundThr

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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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Democrat bill aims to limit use of IRS agents for immigration

Accounting Today

Suzan DelBene, D-Washington, and Terri Sewell, D-Alabama, introduced legislation to prevent Trump from reassigning IRS investigators to immigration enforcement.

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Trump pick for SEC faces conflict-of-interest scrutiny

Accounting Today

Paul Atkins deflected questions on whether the Public Company Accounting Oversight Board should be scrapped, saying it was up to Congress.

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Senate majority leader pushes estate tax repeal in GOP bill talks

Accounting Today

Republicans are aiming to approve a multitrillion tax bill in the coming months that renews Trump's 2017 cuts, along with a fresh round of levy reductions.

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Trump floats more EU, Canada tariffs if they work against US

Accounting Today

In a late night Truth Social post, Trump said large-scale tariffs "far larger than currently planned" would be placed on them in such a scenario.

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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.