Thu.Dec 05, 2024

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Judge halts CTA and BOI reporting enforcement

Accounting Today

A federal district court has issued a preliminary injunction to prevent the government from enforcing the Corporate Transparency Act.

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Why CFO Support Services Are Essential for SMBs in 2025

Accounting Department

In 2025, small and medium-sized businesses (SMBs) face a rapidly changing economic landscape. From navigating inflation and supply chain disruptions to adopting new technologies and meeting rising customer expectations, business owners have a lot on their plates.

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Partnerships get options for fixing tax errors

Accounting Today

Partnerships have ways to correct errors on the returns they've filed to avoid closer scrutiny.

Tax 279
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Effective B2B Payment Reminders: Templates, and Strategies for Faster Payments

Gaviti

Many businesses can significantly improve their cash flow by implementing more effective strategies for collections, including adopting more strategic approaches to accelerate B2B payment of invoices. One of the simplest yet most overlooked ways to enhance invoice collection is by taking a proactive approach to sending payment reminders to ensure timely follow-ups and encourage prompt payments.

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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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Capital vs. control: PE's impact on CPA firms

Accounting Today

Accounting firms see private-equity funding as a welcome resource for further expansion, but many professionals wonder what the true cost of the money is.

CPA 278
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Microsoft Dynamics GP End Of Life? 2031 is it - Modern Lifecycle & End of Updates

Fidesic blog

Microsoft Dynamics Great Plains End of life is pretty real now. At least it feels more imminent than ever. They officially given an end date of 2029 for new updates. We've been covering the Dynamics GP end of life saga for a couple of years in this post. We'll keep updating it as new info comes out. (Jan. 2025 Update) Microsoft has extended the cutoff date for Dynamics GP support.

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Top Remote Accounting Candidates for Hire | December 5, 2024

accountingfly

Top Remote 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 accounting candidates without any upfront costs. Here are some of our top remote accounting candidates for this week. Sign up now to receive the full list of available top accounting candidates on a weekly basis!

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Senate panel approves nomination of TIGTA head

Accounting Today

The Senate Finance Committee voted along party lines to approve the nomination of David Samuel Johnson as the next Treasury Inspector General for Tax Administration.

Tax 275
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What Are Chargeback Terms?

oAppsNet

As a merchant dealing with credit card transactions, you’ve likely encountered the concept of chargebacks. Understanding chargebacks is not just important; it’s empowering. Knowing the specific chargeback terms and the processes surrounding them gives you a sense of control. These terms define the conditions, requirements, and timelines merchants and cardholders must adhere to during a chargeback dispute.

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PCAOB finds audit firm culture impacts quality

Accounting Today

The Public Company Accounting Oversight Board is also offering insights on improving audit committee communications and a video on the new confirmation standard.

Auditing 269
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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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Top 10 Invoicing Software for Businesses in Australia

Invoicera

Dont you think if you are still stuck in the paper invoicing, you are costing your business more time and money? To be honest, you arent alone doing this. It is estimated that more than 1.2 billion invoices are exchanged between businesses in Australia each year, with 90% still processed through traditional methods. Digitizing this system could save up to $20 per invoice.

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6 strategies to help clients improve cash flow in 2025

Accounting Today

It's in your best interest to help your clients receive their payments faster and reevaluate spending.

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Some Accounting Firms Outsource Overseas. We Don’t. (Here’s Why!)

CSI Accounting & Payroll

Virtual bookkeeping service for only $5/hour! You might see it in your email inbox from time to time, but theres a reason why you havent jumped on the offer. Is it because youre worried its a scam or a poor-quality service?

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IRS calls for new ETAAC members

Accounting Today

The Electronic Tax Administration Advisory Committee is a forum for issues in electronic tax administration, such as ID theft and refund fraud.

Tax 234
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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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AKS Costs Explained: Pricing Models & Best Practices

Economize

If you are using Azure Kubernetes Service to manage your container workload, choosing the right pricing option is important to maintain your cloud budget. AKS offers options like pay-as-you-go and spot instances, each with its own set of benefits and trade-offs.

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Tax Fraud Blotter: 'Ship em out

Accounting Today

Brace yourself; more Ultimate crimes; good enough; and other highlights of recent tax cases.

Tax 162
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Accounting Compliance: What You Need to Know in [2025]

Ace Cloud Hosting

Accounting compliance is the legal framework created by regulatory bodies that business firms must follow by the ordinances, regulations, and ethics of reporting and bookkeeping. In the United States, companies.

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Pathways to Growth: Complexity, speed, constant pivots

Accounting Today

As you plan for 2025 and beyond, attack your strategic plan in a more open, creative way than in the past.

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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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8 Basic Steps in Payroll Processing

Black Ink Tax & Accounting

Table of Contents 8 Basic Steps in Payroll Processing Payroll processing can be defined as the process involving management of […] The post 8 Basic Steps in Payroll Processing appeared first on bitaccounting.

Payroll 52
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Estate planning for the Land Back Movement is here — it's complicated

Accounting Today

Bequests returning territorial assets to indigenous nations pose thorny questions for financial advisors and their clients, two experts tell FP.

Tax 100
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Combating Loneliness in Modern Tax Practices

Insightful Accountant

The challenge of workplace loneliness hits particularly hard in tax practices, where remote work and intense seasonal pressures can strain team connections.

Tax 52
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Tipalti Accelerates International Growth with Canadian Expansion

Tipalti

Tipalti Accelerates International Growth with Canadian Expansion Tipalti delivers a localized product with its FINTRAC registration, paving the way for modernized global payables workflows across the region Foster City, Calif.

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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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Importance of eCommerce Accounting Services for Small Business

CapActix

Undoubtedly, the eCommerce industry is booming. This rapid growth of the industry has made it an attractive business model for many serial entrepreneurs. In fact, the nature of the business is so straightforward that even small business owners can jump in. However, there are several things that needs to be taken care of is eCommerce accounting services.

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US executives turn sharply positive after Trump's win, surveys show

Accounting Today

Two-thirds of executives polled by the AICPA are confident about the economic outlook for the year ahead, up from 26% in August and 43% a year earlier.

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Trump picks Atkins, ex-SEC commissioner, to succeed Gensler

Accounting Today

By selecting the former Republican SEC commissioner, Trump is tapping one of the most influential GOP financial regulation insiders to oversee Wall Street.