Fri.Apr 11, 2025

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Tax season draws to a close amid uncertainty over IRS, tax cuts

Accounting Today

In the final days of tax season, tax professionals have been grinding through their clients' tax returns while trying to reassure them.

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2025’s Best Payroll Software for American Businesses

Outsourced Bookeeping

Payroll may not be the flashiest part of running a business, but its undoubtedly one of the most important. If youre an entrepreneur, HR professional, or small business owner in the United States, chances are youve already faced the monthly hustle of calculating wages, filing taxes, and keeping up with compliance. With 2025 rolling in, the good news is that modern payroll software has evolved its faster, smarter, and more intuitive than ever.

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IRS pushes back penalties on micro-captive transactions

Accounting Today

The Internal Revenue Service issued a notice giving some breathing room to participants and advisors involved with micro-captive insurance companies.

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Maximizing ROI Through Smarter Indirect Procurement

oAppsNet

The difference between breaking even and exceeding profitability goals in enterprise operations often comes down to how well a business manages whats unseen. Thats where indirect procurement enters the picture. While direct procurement gets the spotlight for sourcing core products and materials, indirect procurement quietly powers the internal gears of daily operations and, when appropriately managed, it can unlock significant, scalable cost savings.

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How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.

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Transforming teams through connected leadership

Accounting Today

Connected leadership is like conducting an orchestra: Beautiful music comes from relationships, not just technical precision.

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The $350M tax evasion case every CPA should know about

Blake Oliver

Meet Douglas Edelman the 73-year-old defense contractor who became one of America's biggest alleged tax cheats after striking gold with a $7 billion military contract. This story starts in the early 1990s when Edelman left Texas to chase opportunities in post-Soviet Russia and later Kyrgyzstan. After 9/11, he and a partner in Kyrgyzstan landed a massive military contract providing fuel and services for US troops in Afghanistan.

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Simplify International Taxes with Global Invoicing Calculator

Invoicera

Keeping track of international taxes is complex as it requires dealing with multiple rules, changing rates, and loads of paperwork. Businesses that operate in different countries must overcome major challenges with global invoicing to ensure compliance and efficient invoice management. Thats where a global invoicing calculator steps in. The invoicing calculator is an innovative blend of simplicity and tax compliance automation.

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On the move: PrimeGlobal expands in Ireland

Accounting Today

Plus, the Illinois CPA Society's charitable arm names its board of directors, and other firm and personnel news from across the profession.

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Military Precision: How Veterans Can Solve the Accounting Talent Crisis

Earmark Accounting Podcast

What if the solution to accounting's talent shortage has been hiding in plain sight? In this episode, Navy veteran Mark Steinhoff reveals how the precision required to maintain life support systems on submarines directly translates to accounting excellence. Having managed critical oxygen systems hundreds of feet underwater, Mark now applies that same meticulous attention to detail as an accountant for a water utility.

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Tech news: Caseware forms Global Advisory Board with Barry Melancon as chair

Accounting Today

Plus, Tesorio releases AI agent for supplier portal invoicing; compliance pros see massive sea change due to AI; and other accounting tech news.

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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

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From Spreadsheet Chaos to Financial Control with BPA Software

NextProcess

Have you noticed issues with spreadsheets in your business? If so, youre not alone. Many companies rely on spreadsheets, but spreadsheets arent always the best tool for the job and theyre notoriously full of errors. Recently, a literature review published in Frontiers of Computer Science examined 35 years worth of studies on spreadsheet errors and found that about 94% of the spreadsheets in use contained faults (Poon et al., 2024, p. 1).

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Today's systems demand smarter payment solutions

Accounting Today

Virtual cards have come on the scene as a viable solution for managing purchases made outside the organization.

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2025’s Best Payroll Software for Small Businesses

Outsourced Bookeeping

Payroll may not be the flashiest part of running a business, but its undoubtedly one of the most important. If youre an entrepreneur, HR professional, or small business owner in the United States, chances are youve already faced the monthly hustle of calculating wages, filing taxes, and keeping up with compliance. With 2025 rolling in, the good news is that modern payroll software has evolved its faster, smarter, and more intuitive than ever.

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AI in Accounting: Zoho’s Val Steed on Firm Transitions & the Future of Accountants

Insightful Accountant

In this episode of the Accounting Insiders Podcast, host Gary DeHart sits down with Val Steed, Director of Accountants at Zoho, to discuss the evolving role of artificial intelligence in the accounting profession.

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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.

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He would have been a true financial wizard

Accounting Fun

Back when I was Chairman of the ICAEW Tax Faculty I was also on The Institute's Council. I well recall that during one Council conference we discussed what the Institute could do to make chartered accountancy more sexy and appealing as a career option. One of the best suggestions I can recall was to encourage a then relatively new author, JK Rowling, to change the direction of a series of books she was writing about a boy wizard.

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IRS to lose billions in revenue if migrants stop filing taxes

Accounting Today

The Internal Revenue Service is projected to lose more than $313 billion in revenue in the coming decade as undocumented workers are poised to pay fewer taxes.

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House Republican sees SALT deduction limit increasing to $30K

Accounting Today

Rep. Jeff Van Drew thinks House Republicans will end up approving a $30,000 cap on the state and local tax deduction.

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Trump's tariff shift still has markets, industry groups panicked

Accounting Today

The highest average tax rate on imports in more than a century could raise prices and stunt economic growth.

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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.

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Trump signs bill blocking IRS crypto tax rule Biden pushed

Accounting Today

The legislation blocks an IRS rule that would have forced some cryptocurrency brokers to provide tax information on transactions conducted on their platforms.

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