Tue.Feb 11, 2025

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A bumpy start: Tax season kicks off amid uncertainty all around

Accounting Today

Hiring freezes at the IRS to a potential end to contingency fees have created a complicated start to the year for accountants and tax pros.

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The Fair Tax Act Returns in 2025! Will It Abolish the IRS?

CSI Accounting & Payroll

Imagine replacing income taxes, payroll taxes, and more with a national sales tax meaning no need for the Internal Revenue Service. Is this even possible in our economy? Well, its being proposed!

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By the numbers: E-filing rejections, retaining talent

Accounting Today

The latest data on the most common e-filing rejections, how accounting firms are recruiting and retaining top talent, and other major metrics.

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Why this former NFL player says being a CPA is "always interesting"

Blake Oliver

Richie Brockel is a former NFL tight end and fullback who played for the Carolina Panthers from 2010 to 2015. After retiring from professional football, he successfully transitioned into a career as a CPA. Here's how he describes what it's like being a CPA: Being a CPA, it's interesting because there are always things happening. It's dynamic, it's always changing.

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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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The long, tortured debut of the partnership audit regime

Accounting Today

The regime is 'novel, widespread, misunderstood and controversial,' according to one expert.

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Qvinci Outperforms QuickBooks Reporting

Insightful Accountant

"Qvinci Outperforms QuickBooks Reporting" especially when it comes to consolidation of multiple files from multiple accounting platforms, and condensing those sources in to clean set of financials with a standard Chart-of-accounts and nomenclature.

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Accounts Receivable Outsourcing

Black Ink Tax & Accounting

Table of Contents Which Level of Government Relies the Most on Income Tax Revenue? In a tricky multi layered system […] The post Accounts Receivable Outsourcing appeared first on bitaccounting.

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Smith + Howard expands in the Carolinas

Accounting Today

The Regional Leader has acquired Smith Kesler, a firm with four offices across the Carolinas, fueled by private equity funding.

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Which Level of Government Relies the Most on Income Tax Revenue

Black Ink Tax & Accounting

Table of Contents Which Level of Government Relies the Most on Income Tax Revenue? In a tricky multi layered system […] The post Which Level of Government Relies the Most on Income Tax Revenue appeared first on bitaccounting.

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In the blogs: Just a sense

Accounting Today

Tariffs' effects; the right CMS; new blog on the block; and other highlights from our favorite tax bloggers.

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The Silent Crisis: Why Finance Lags in Digital Transformation and How to 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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Apryl Stewart soars to success with her airport-based business

Intuit

Check out the inspiring stories of entrepreneurs who participated in the Intuit IDEAS program and are making a difference in their communities. Helping her ambitions take flight The airport might seem like the last place youd find inspiring stories of entrepreneurial success. Thats not the case for Apryl Stewart, the CEO of Skyview Concessions Incorporated , who is changing that narrative with her airport-based business.

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Baker Tilly plans to acquire CironeFriedberg

Accounting Today

The Top 10 Firm based in Chicago intends to acquire a firm based in Connecticut, marking its second acquisition this month, thanks to private equity funding.

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What is a Customer Portal, and Why Does My Business Need One?

oAppsNet

Improving customer service and engagement becomes crucial as companies navigate the increasingly digital landscape. One solution that has proven transformative is the implementation of a customer portal. But what exactly is a customer portal, and how can it benefit your business? This comprehensive guide will explain everything you need to know. What Is a Customer Portal?

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PCAOB sanctions partner for altering workpapers

Accounting Today

The Public Company Accounting Oversight Board sanctioned audit partner Heber Maughan for altering workpapers in two inspections and an investigation.

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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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Workday rolls out tool to manage AI agents

Accounting Today

Workday released the Workday Agent System of Record, meant to help organizations manage their entire fleet of AI agents, from both Workday and third parties, in one place.

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70% say they regret at least one software purchase over last year

Accounting Today

A recent poll found that 70% of financial services professionals, including accountants, say they regret at least one business software purchase made in the past year.

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Deloitte asks gov't consultants to remove pronouns from emails

Accounting Today

The Big Four's U.S. arm asked its employees working on government contracts to remove gender pronouns from their email signatures and dropped its diversity programs.

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What's ahead in CPA practice operation under Trump 2.0?

Accounting Today

What will the tax implications be for CPA clients and practice owners? Where are interest rates headed? What about inflation?

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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.

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Trump's cost-cutters look to curb Deloitte, other FEMA contracts

Accounting Today

Cost-cutting initiatives pushed by President Trump have turned their focus to the Federal Emergency Management Agency, where spending on consultants faces scrutiny.

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Trump sets 25% steel, aluminum tariffs, widening trade war

Accounting Today

The tariffs will apply widely to all U.S. imports of steel and aluminum, including from Canada and Mexico, among the country's top foreign suppliers of the metals.

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