Thu.Dec 12, 2024

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IRS expands Tax Pro Account, launches enforcement effort

Accounting Today

The Internal Revenue Service is adding more features to the Tax Pro Account, Business Tax Account and Individual Online Account, and starting a new enforcement campaign.

Tax 296
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From Data to Decisions: How CFO Support Services Enhance Strategic Financial Planning

Accounting Department

In today's rapidly evolving business landscape, the ability to turn raw data into actionable insights is paramount for sustainable growth and success. For many organizations, especially those without the resources to maintain a full-scale finance department, CFO support services offer a critical link between data and decision-making. These services transform complex financial information into strategic plans that drive business excellence.

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The best and worst states for corporate taxes

Accounting Today

From those with no corporate tax at all, to those that tax everything they can a guide to most and least competitive states when it comes to taxing businesses.

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The Big Opportunity Tax Planners are Leaving on the Table w/ Rory Henry

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes Rory Henry , a certified financial planner and behavioral financial advisor. Rory, who is also the director Arrowroot Family Office , co-founder of AFO Wealth Management Forward, and author of the upcoming book, “ Holistic Guide to Wealth Management ,” discusses the evolving landscape of wealth management and its critical intersection with accounting and tax professionals.

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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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Zoho announces payroll solution, plus other enhancements

Accounting Today

Zoho announced the US release of its end-to-end payroll solution, Zoho Payroll, on top of enhancements to its existing suite of finance products, which include Zoho Books, Zoho Inventory, and Zoho Practice.

Payroll 246
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5 Reasons to Choose an Accounting Service That Handles Payroll Too

CSI Accounting & Payroll

Weve seen many small business owners who operate like this: handle everything themselves > grow their business a little > hire a payroll service > grow some more > hire an accounting service. Thats when they come to us!

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2025 ProAdvisor Awards Application Process Continues

Insightful Accountant

Even though 3rd-party nominations of ProAdvisors for the 2025 Awards have closed, ProAdvisors can still Apply (or complete their applications) until February 11, 2025.

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COSO offers governance framework for RPA

Accounting Today

The Committee of Sponsoring Organizations of the Treadway Commission published a framework for imposing internal controls over robotic process automation.

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Firm Feature Fridays: Withum Talent Recruitment and Retention

Insightful Accountant

Withum is driving talent recruitment and retention using technology and innovation.

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Bill announces 1099 filing tool

Accounting Today

Payment solutions provider Bill released a tool that lets users manage their AP needs and 1099-NEC and 1099-MISC forms together from a single platform.

Billing 130
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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 ProAdvisor Profiles: Rhonda Rosand

Insightful Accountant

Rhonda Rosand of New Business Directions in North Conway, New Hampshire, is our ProAdvisor Profile focus this week.

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The strategic value of a background in accounting

Accounting Today

Accountants' skill sets can help them navigate leadership, foster innovation and drive successful financial operations in any organization.

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Top Remote Accounting Candidates for Hire | December 12, 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 this week’s top remote tax and accounting candidates. Sign up now to receive the full list of available top accounting candidates on a weekly basis!

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Ted on Tech: Last-minute gift ideas

Accounting Today

Stumped on gifts for friends, family or even coworkers? How about some tech?

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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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Federal income tax withholding tables 2024 and employer guidance.

Black Ink Tax & Accounting

The post Federal income tax withholding tables 2024 and employer guidance. appeared first on bitaccounting.

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Wolters Kluwer brings multi-year audit planning, business rules engine to TeamMate+

Accounting Today

The features automates audit planning over multiple periods and provide in-context guidance for end users of the audit management platform.

Auditing 130
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FinOps X Europe 2024 – Breakout Sessions

FinOps Foundation

Key Insight: Dozens of breakout sessions and interactive chalk talks at FinOps X give Practitioners insights from their peers to help solve real challenges that exist in their organizations today. Breakout session recordings are available on our website and YouTube channel for you to watch and learn from. Breakout Sessions illuminate key FinOps Topics Away from the bright lights of the big stage, dozens of more intimate sessions also happen at FinOps X in the form of breakout sessions and intera

FinOps 130
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CPA firm M&A continues to be all about money and advantage

Accounting Today

Acquirers and successors, especially private equity-infused ones, are going to place an emphasis out of the box on high-performing firms.

CPA 130
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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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An update on payroll in our new plans

Xero

I wanted to give you a quick update on a decision weve made about payroll after listening to customer feedback. Earlier this year we launched our new plans: Ignite, Grow, Comprehensive and Ultimate. We designed the plans to give everyone more access to some of the most useful tools for running a business. For employers, payroll is obviously one of those critical tools.

Payroll 243
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Tax Pros: use AI to simplify and elevate your work

Accounting Today

The writing is on the wall, and the potential benefits of AI are astounding. So, it's important for tax professionals to talk about generative AI, and to use it at work.

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From Struggle to Success: Overcoming Key Pain Points in Building a Bookkeeping Business

The Successful Bookkeeper

Running a bookkeeping business comes with its fair share of challenges. From building confidence to managing client expectations and scaling operations, its not uncommon for bookkeepers to feel overwhelmed. Debbie Roberts, co-founder of Pure Bookkeeping and co-author of e-Myth Bookkeeper, faced these struggles head-on and built a thriving business. Her journey provides practical insights into overcoming the pain points that many bookkeepers encounter.

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Republicans urge end to IRS Direct File

Accounting Today

A group of Republican lawmakers sent a letter to the incoming administration asking that it end the IRS Direct File service, ideally via a day one executive order.

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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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10 Best Microsoft Project Alternatives in 2025

Fit Small Business

Microsoft Project is a long-standing project management platform with robust planning, reporting, and road mapping features. However, the development of Microsoft Planner has pushed it back from the spotlight and caused some users to consider other options. To find the best Microsoft Project alternatives, we recommend project management platforms with a user-friendly interface, rich app.

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Trump's IRS Pick Raises Questions About Leadership Change and ERC Oversight

Insightful Accountant

President-elect Trump's nomination of former Rep. Billy Long as IRS Commissioner would mark a significant shift in agency leadership and policy direction, particularly concerning the ERC program and agency oversight.

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Trump's push to eliminate EV tax credits hits GOP lawmakers' home states

Accounting Today

Republicans represent congressional districts with 19 of 25 major automaker battery and EV assembly plants in operation or under construction.

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NFIB Data Corresponds with Recent Sage Report

Insightful Accountant

The latest NFIB data shows small business sentiment near a 3-1/2 year high with confidence surrounding new tax and regulatory policies of the Trump Administration. This data mirrors a recent Sage study we published last week.

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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.