Mon.Dec 09, 2024

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Intuit and Amazon Expand Strategic Partnership

Intuit

Today, Intuit and Amazon announced a multi-year strategic partnership to empower millions of Amazon sellers to manage their finances, stay compliant, access capital, and grow their business. By leveraging Intuits AI-driven expert platform, millions of Amazon sellers will be able to discover and access Intuits platform seamlessly, benefiting from powerful financial insights like profitability, cash flow, and estimated tax liabilities to fuel their growth.

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What’s new in Xero – December 2024

Xero

Welcome to our monthly roundup of what’s new in Xero. This month, we’ve introduced updates designed to help you to get paid faster, streamline tax rules and regulations compliance, and manage your sales tax with ease. With enhancements from the ability to send invoices via SMS to improvements in Xero Tax and sales tax reporting, we continue to make Xero even better.

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Art of Accounting: Barry Melancon's parting words about future of small firms

Accounting Today

Barry's presentation at the Accountants Club of America included his thoughts about the future of small practices, which make up about 43,000 of the estimated 44,000 accounting practices in America.

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Your Guide to Managing Recurring Revenue

Billing Platform

In contrast to traditional sales models that consist of one-off purchases, recurring revenue delivers a predictable and stable revenue stream. Occurring at regular intervals, recurring revenue provides companies with revenue on a monthly basis (MRR) , annual basis (ARR) , and/or other predetermined time frames. Want to dig a bit deeper? Read on to gain a better understanding of recurring revenue , the importance of this revenue model, its benefits, what it takes to maximize recurring revenue suc

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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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TIGTA helped save $6B, agency says

Accounting Today

The Treasury Inspector General for Tax Administration completed thousand investigations over the past six months that contributed to more than $6.1 billion in tax savings.

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Accounting Firm Acquired for 11X EBITDA? State of M&A and More w/ Geoff Bruskin

Jetpack Workflow

Podcast Summary In this episode of the Growing Your Firm podcast, host David Cristello welcomes Geoff Bruskin , founder and managing partner of White Tiger Connections. They dive into the dynamic landscape of mergers and acquisitions (M&A) within the accounting industry, exploring how recent trends have created a surge in acquisition interest. Geoff discusses the impact of cloud technology and the shift towards distributed employment, which have transformed the M&A space.

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Top 8 E-Way Bill Software in 2025 to Simplify GST Compliance

Invoicera

The E-Way Bill system was implemented along with the new taxation system known as the Goods and Service Tax (GST) in India. It has greatly impacted the flow of cargo and eradicated fraud. Just in August 2024, over 10.54 crore e-way bills were generated , which shows the significance of this system. It has improved compliance, stricter enforcement, and enhanced business processes.

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Looking ahead with Barry Melancon

Accounting Today

Longtime AICPA chief Barry Melancon turns his eagle-eye to the future, talking about the challenges and opportunities facing the profession.

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Pricing Your Monthly Accounting Service: What CSI Considers to Be “Complexities”

CSI Accounting & Payroll

As you learn about our pricing, you may wonder, What's a complexity? This term refers to certain scenarios. Let's discuss how we price our monthly accounting service, examples of complexities, & how to get a cost estimate.

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With mortgage interest deduction up in the air, here's one reform idea

Accounting Today

A refundable tax credit would carry the same budgetary impact but boost homeownership among lower and middle-income households, a new study says.

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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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How to Use Azure Tags: Best Practices for Cost Management

Economize

Managing cloud costs can be a daunting process. Especially when your resources are scattered, and theres no clear way to trace expenses back to their source. That’s where Azure Tags can help. Azure Tags helps you to have a holistic understanding of your Azure resources and where each dollar is spent.

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It's time to get your WISP in order

Accounting Today

When you check off "WISP" before the December PTIN renewal deadline, it's critical to make sure your practice complies with the latest changes.

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Understanding Payroll Service Costs for Small Businesses in 2024

Black Ink Tax & Accounting

Table of Contents Payroll Services and how much a payroll service cost For owners with small business or start-ups, establishing […] The post Understanding Payroll Service Costs for Small Businesses in 2024 appeared first on bitaccounting.

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PCAOB posts 2025 inspection priorities

Accounting Today

The Public Company Accounting Oversight Board will continue its inspection focus on public companies in the financial, real estate and information technology sectors.

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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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Leading Nonprofit Accounting Software in 2025

Tipalti

Find the best accounting software solutions designed for nonprofit organizations. Learn which tools excel at managing nonprofit accounting needs and streamline your financial operations.

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Navigating peer reviews and DOL inspections of 401(k) audits

Accounting Today

Knowing how to distinguish between what is required by standards and what is opinion is crucial for auditors to confidently navigate these reviews and inspections.

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Small Business Accounting Software

Tipalti

Discover the best affordable accounting software for small businesses, designed to manage finances and boost efficiency on a budget.

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Our QuickBooks Integration Just Got an Upgrade – Work Faster, Smarter, and More Efficiently

LedgerDocs

At LedgerDocs , were always looking for the next ways to make your bookkeeping experience more seamless, simple and stress-free. Our latest Quickbooks Online integration updates have brought us even closer to creating the perfect platform for bookkeepers and accountants. These recent enhancements are designed to simplify your workflows, minimize the manual tasks that need to be done, and ensure accuracy at every step.

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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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Fixed Rates vs Variable Rates: Which Should You Choose?

Fit Small Business

The main differences between fixed rates and variable rates are how the rate fluctuates and how it alters your repayment amount and overall cost of lending. Various types of loans can have either a fixed or variable rate, and depending on your business needs, either rate option may be applicable. By understanding how both rate. The post Fixed Rates vs Variable Rates: Which Should You Choose?

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Canada pressured to respond to Trump's tax cut regime

Accounting Today

Donald Trump's planned tax cuts would wipe out Canada's slim corporate tax advantage, likely driving more capital from the northern nation.

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