Mon.Dec 02, 2024

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The best and worst states for taxes in 2025

Accounting Today

States that do not assess the major taxes are more competitive than states with complex taxes with high rates.

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Intuit Appoints Thomas Ranese as CMO

Intuit

For over 40 years, Intuit has worked to find new, innovative ways that technology can solve our customers’ most important financial problems. In this era of artificial intelligence, our global AI-driven expert platform strategy will revolutionize the customer experiences we deliver around the globe. To realize the opportunity in front of us, we must continue to evolve our commercial strategy to go to market as a platform, embracing AI to better understand our customers, personalize their journe

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Practice Profile: Dreaming up a better tax season

Accounting Today

Al-Nesha Jones envisioned a better busy season, and made it happen at her ASE Group

Tax 308
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8 Best Banks for Small Business in Florida

Fit Small Business

We compared dozens of banks and chose these eight as the best banks in Florida for a small business. To qualify for this list, banks had to have physical locations in the state of Florida. Then, we ranked them based on the quality of the business checking products offered, including other business products and services. The post 8 Best Banks for Small Business in Florida appeared first on Fit Small Business.

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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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Slow down on that SLAT. Here are some of the risks

Accounting Today

The tax advantages and a degree of flexibility have added to the appeal of spousal lifetime access trusts. But they aren't a fit for everyone.

Tax 306
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Why Real-Time Bookkeeping is Essential for Modern Businesses

Less Accounting

In today’s fast-paced business environment, making informed decisions quickly is more critical than ever. Real-time bookkeeping, which provides up-to-date financial information at the click of a button, has become an indispensable tool for modern businesses. Gone are the days of waiting until month-end or quarter-end to see how your business is performing.

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How to Handle Sudden Staff Turnover in Your Accounting Firm

accountingfly

Did you just lose a key staff member? Sudden staff departures can feel like a crisis, especially when deadlines are looming. In the latest Accounting Talent Podcast , Jeff Phillips and Rob Brown tackle this pressing issue with a practical, step-by-step guide to help your firm navigate the next 30 days and secure a suitable replacement quickly. Drawing on years of experience in the job board and staffing industries, Phillips shares how to turn setbacks like these into opportunities.

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Looking back with Barry Melancon

Accounting Today

On the eve of his retirement, AICPA chief Barry Melancon looks back at how the institute – and the accounting profession – have changed over the past 30 years.

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Don’t Be a Victim of Cyberattacks This Holiday Season

Ace Cloud Hosting

There is never a good time for cyberattacks to occur. However, any cyberattack on your business process during the holiday season could reap disastrous results. This is because, during the.

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Small firms must balance budget and ambition on AI

Accounting Today

Small firms can't drop billions on custom AI systems, but there are still ways to leverage the tech without breaking the bank.

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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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IRS Announces New 1099-K Reporting Thresholds for 2024-2025

Insightful Accountant

In a significant development for tax practitioners and their small business clients, the IRS has established new transitional thresholds for Form 1099-K reporting through Notice 2024-85.

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Financial Accounting Foundation executive director to retire

Accounting Today

John Auchincloss will retire in September 2025 from the FAF. The search for his successor will begin immediately.

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How Metered Billing Benefits Your Business

Billing Platform

Similar to usage-based and consumption-based billing , metered billing is based on actual usage of a product or service, providing a transparent approach to billing. By establishing a direct link between consumption and cost, customers pay according to the amount consumed no more, no less. And when it comes to metered billing benefits, this popular billing model certainly doesnt fall short.

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Super Micro finds no evidence of fraud, will replace CFO

Accounting Today

The investigation determined that "the conclusions EY stated in its resignation letter were not supported by the facts examined in the review.

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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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Maximize Efficiency with QuickBooks Online Accountant’s 8 Prep for Taxes Features

Insightful Accountant

Tax season is a big challenge for all accountants. You need to get information from clients, clean up their books, carefully review data, and export and/or check trial balances. “Busy season” is accurate.

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Art of Accounting: Stanley Goldstein's early reflections on Barry Melancon

Accounting Today

Barry had an extraordinary career with great achievements leading the accounting profession forward and into a bright-looking future.

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We Messed Up—Here’s What We Did to Make It Right

CSI Accounting & Payroll

Accounting and payroll services have the potential to make thousands of mistakes. Our company is no different! Weve worked with small business finances for nearly 60 years, meaning weve made nearly 60 years worth of mistakes.

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Ex-bank CEO's tax scandal bill raised to €5.6M by top court

Accounting Today

Germany's top criminal court almost doubled the amounts of illicit profits a former chief executive officer of a defunct bank and other ex-managers must repay.

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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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Extended 2025 ProAdvisor Nomination Deadline Approaching

Insightful Accountant

December 10th is the 'Extended Deadline' to nominate a ProAdvisor. There's still time to nominate a deserving U.S. or International ProAdvisor for the 2025 Awards.

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Dec 2, Do you need a compilation engagement report?

Bookkeeping Essentials

Whether you're a bookkeeper or small business owner, how do the CPA standards for compilation engagement reports affect you? NTR is now CER.

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Aprio Releases 2025 Technology Outlook

Insightful Accountant

Aprio tech outlook outlines key trends that will influence investment in the tech sector during 2025.

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Biden pardons son Hunter in reversal with weeks left in term

Accounting Today

Biden justified the pardon on tax and gun charges and more by saying that the case against his son was politically tinged, excessive and designed to break him.

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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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Insights on Business Valuation and M&A with John Martinka

Insightful Accountant

In this episode of the Accounting Insiders podcast, Gary DeHart interviews John Martinka, co-founder of Nokomis Advisory Services, about key strategies for small businesses in the M&A sector.

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Macy's Thanksgiving Accounting Mystery

Cloud Accounting Podcast

Blake and David examine the mysteries and motives surrounding the recent Macy's accounting scandal, where a single employee allegedly concealed $132-154 million through improper accrual entries. They also examine Trump's proposed 25% tariff plan on imports from Mexico and Canada (plus an additional 10% on China), discussing its potential impact on American businesses and consumers.