Tue.Jan 14, 2025

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FTC mandates changes at H&R Block

Accounting Today

A Federal Trade Commission order requires the tax prep giant to make it easier for customers to use cheaper options.

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4 Reasons to Make an Intuit Sales Career Your New Year’s Resolution

Intuit

It’s a new year and it’s a great time to be in financial technology salesand theres no better place to do it than Intuit. As rapid innovation and growth transform our industry, Intuits longtime leadership in AI puts us at the forefront of this exciting market. Make 2025 the year you join our winning team, and lets see how far we can go together!

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The best and worst states for unemployment insurance taxes

Accounting Today

Every state levies unemployment insurance taxes, but rates vary depending upon such factors as the health of the state's UI trust fund.

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From hype to habit: Where AI is headed in 2025

Xero

Remember when the world shifted from paper to computers? Or from desktops to mobile devices? We’re on the cusp of a similar revolution with AI. What once felt like a futuristic, magical tool is quietly weaving itself into our daily lives. In the same way we now wonder how we ever lived without the internet, soon we’ll wonder the same about AI.

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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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Ohio eases CPA licensure

Accounting Today

Ohio Governor Mike DeWine signed into law a bill that provides more flexibility for obtaining a CPA license, effectively eliminating the 150-hour requirement.

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Examples of fixed assets

Accounting Tools

What are Fixed Assets? Fixed assets are items that are expected to provide a benefit to the purchasing organization for more than one reporting period. In addition, these items must have an acquisition cost that is higher than the organizations capitalization limit, which is the threshold below which purchases are automatically charged to expense as incurred.

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Understanding W-9 Forms: A Comprehensive Guide

oAppsNet

The W-9 form, officially titled Request for Taxpayer Identification Number and Certification, is crucial for tax compliance and business transactions in the United States. Whether youre a freelancer, contractor, or business owner, understanding its purpose and importance is essential to your financial operations. This guide will walk you through the details of the form, its significance, and best practices for managing it.

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The Supreme Court takes on CTA, BOI

Accounting Today

Experts weigh in on the seesawing judicial fate of the Corporate Transparency Act and its beneficial ownership information reporting mandate.

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Why JPMorgan is calling employees back to the office 5 days a week

Blake Oliver

Why is JPMorgan calling all employees back to the office five days a week? Here's what they aren't telling employees: JPMorgan has loaned $174 billion to commercial real estate (CRE). That's ~13% of total loans. Meanwhile, the office sector has record-high vacancy rates. Rising interest rates have pushed CRE values down by 24% from their 2022 peaks.

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IRS works to deter tax season scams

Accounting Today

The Internal Revenue Service is making some changes this tax season in an effort to combat tax scams in areas like the Fuel Tax Credit.

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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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Say Hello to the Upgraded Counto BillPay 

Counto

Say Hello to the Upgraded Counto BillPay Enterprise-grade spend management, now even smarter Let’s cut to the chase: managing business expenses shouldn’t eat up your day. That’s why we’ve supercharged Counto BillPay with features that make spend management feel less like a chore and more like magic. What’s New (and Awesome) Approvals That Actually Flow Multi-level approvals that match how your team really works Clear audit trails (because sometimes you need to know

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Xero announces new tagline, "Your business supercharged"

Accounting Today

Xero announced it now has a new tagline: "Your business supercharged.

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When I Met "The Magician" – America's Biggest Individual Tax Fraudster

Blake Oliver

I once met a tax fraudster at a conference. (I had no idea then.) It turns out he was behind one of the biggest individual tax fraud schemes in U.S. history$145 million! On The Accounting Podcast click here to listen to the segment I shared my experience meeting Rafael Alvarez, nicknamed "The Magician" by clients who watched their tax liabilities disappear at his Bronx-based company, ATAX.

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Franchise model offers alternative to partnership route

Accounting Today

More firms are creating alternative paths for employees who want to excel, but who don't want to "sell their soul to the firm" in order to make partner.

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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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IRS, CASST Announce 2025 Filing Season Changes Aimed at Preventing Spread of Scams

Insightful Accountant

The Internal Revenue Service and partners in the Coalition of Scam and Scheme Threats (CASST) today released changes for the 2025 filing season designed to help protect taxpayers from becoming victims of a scam or scheme.

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In the blogs: Buzzing sounds

Accounting Today

Flat tax; doubts about 'automatic' IRS calculations; when to shred; and other highlights from our favorite tax bloggers.

Tax 147
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Today's QB Talks: ProAdvisor Training Opportunities

Insightful Accountant

Murph and guest co-host Kim Noh will discuss ProAdvisor, Accountant, Bookkeeper and Tax Preparer training opportunities at TODAY's QB Talks.

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Springline Advisory invests in Fiske Advisory

Accounting Today

Springline Advisory, a financial and business advisory firm backed by the private equity firm Trinity Hunt Partners, has partnered with Fiske Advisory LLC.

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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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Intuit QuickBooks Desktop ACH Payment Rate Changes

Insightful Accountant

Intuit will be changing the rates of QuickBooks Desktop ACH Payments effective February 13, 2025.

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Insero receives PE investment from Rallyday Partners

Accounting Today

Insero Advisors LLC, a firm based in Rochester, New York, has received a strategic investment from Rallyday Partners, to accelerate the firm's growth.

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Intuit Releases Intuit QuickBooks SMB Index Annual Report

Insightful Accountant

Intuit has released their QuickBooks Small Business Index Annual Report.

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M&A roundup: KSM and KDG expand

Accounting Today

Noble Consulting Services, a subsidiary of Katz, Sapper & Miller, has added Rector & Associates; and Kyle David Group acquired Kennedy & Associates.

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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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Automate Your Workflow

Insightful Accountant

Fundamentals of No Code Automation" offered by RLB Digital. This 6-week certificate program aims to help participants streamline workflows and boost productivity using no-code solutions like Zapier.

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RIAs with private funds may need to pay self-employment taxes

Accounting Today

A Tax Court ruling that limited partners in an investment manager must pay Uncle Sam could cause some restructuring across the industry, an expert said.

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QuickBooks Enterprise vs. ERP: Which Solution Fits Your Business?

Ace Cloud Hosting

Choosing the right software to manage your business operations can be a game-changer. Whether you’re a growing small business or a large enterprise, finding the perfect solution is crucial to.

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Insight Software buys cloud reporting platform

Accounting Today

insightsoftware [sic] announced it has acquired cloud reporting platform JustPerform.

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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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Top 10 Best Bookkeeping Software

Black Ink Tax & Accounting

Table of Contents Top 10 Best Bookkeeping Software: Top Accounting Software in 2025 Bookkeeping is an important aspect of any […] The post Top 10 Best Bookkeeping Software appeared first on bitaccounting.

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What Is Human Resource Outsourcing (HRO)? Types & When to Consider

Fit Small Business

Human Resource Outsourcing (HRO): Definition and Types Human resource outsourcing (HRO) is the act of hiring a third-party provider to handle your human resources administrative tasks and functions. These can include HR administration, benefits management, payroll processing, recruitment, and more. Some common types of outsourcing that fall under the main umbrella of HRO include: Professional.

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EIN number vs SSN

Black Ink Tax & Accounting

Table of Contents EIN number vs SSN, ITIN: A Business Owner’s Guide to Taxpayer Identification Numbers When linking tax duties […] The post EIN number vs SSN appeared first on bitaccounting.

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Trump floats 'External Revenue Service' for tariffs

Accounting Today

The post on Truth Social is the latest indication that the president-elect aims to carry out his promises for sweeping trade levies when he retakes office.

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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.