Sat.Feb 08, 2025 - Fri.Feb 14, 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.

Tax 305
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Turning cash flow into cash now with Paidnice

Xero

“When my debtor workflow is turned off, people stop paying me almost immediately.” This stark observation from Haley Reyners, founder of My Two Cents Accounting Services , highlights a common challenge facing small businesses. For her accounting and advisory firm, which is based in Northland, New Zealand, having over $60,000 tied up in outstanding invoices wasn’t just a number it was a threat to business sustainability. “I’m the same as any other small business own

XERO 209
professionals

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Top 5 Metrics Every AP Leader Should Track

Ascend Software blog

Optimize your AP process with five key metrics that reduce costs, improve efficiency, and strengthen supplier relationships.

AP 130
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The End of Another 1099 Season is Here at AccountingDepartment.com!

Accounting Department

It is that time of the year again, tax season. Many businesses dread this time of the year - it's tough. But thankfully, it's not as tough when you have the unrivaled support of AccountingDepartment.com.

Tax 162
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Book of Secrets on the Month-End Close

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AICPA prepares for possibility of PCAOB being folded into SEC

Accounting Today

AICPA & CIMA president and CEO Mark Koziel told a group of accountants that the association is preparing for the possibility of the PCAOB being "rolled up.

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What’s new in Xero – February 2025

Xero

We’re kicking off the new year with some exciting Xero updates designed to address some of the enhancements youve been asking for, and make things more automated to save you time. Keep reading to learn how these enhancements will benefit you and your business. Global: Enhancements to new invoicing [Product Idea ] You’ll love the time-saving enhancements we have made to new invoicing this month.

XERO 205

More Trending

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2025 Accounting Forecast: Trends to Expect and Prepare For

Tipalti

Success has always been tied to being as efficient as possible, and that means having the right amount of technology, the right types of processes, and the right people in place.

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Tax Fraud Blotter: Shame shame

Accounting Today

Careless; the PTIN shuffle; time for Time; and other highlights of recent tax cases.

Tax 241
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Cost Cutting with AP Automation for Schools

Compleatable

AP automation isnt just about making life easier for the finance departmentits a direct path to saving serious money, reducing headaches, and improving overall operational efficiency. Think of it as giving your school or MAT a financial superpower. Why AP Automation Should Be at the Top of Your Cost-Cutting Strategy Implementing a comprehensive end-to-end purchasing and AP automation system comes with a multitude of benefits, from cutting costs and errors to building stronger vendor relationsh

AP 100
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How to Calculate Cash Flow with 7 Key Formulas and Examples

Invoicera

Introduction Any business needs sufficient cash flow to remain operational. A sound cash flow system enables operational efficiency and on-time financial transactions that support enduring business development. Profitability alone does not protect businesses from cash flow challenges frequently associated with weak leadership. Organizations use primary formulas to calculate cash flow, determine financial health, develop investment strategies, and sidestep funding problems.

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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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How to Claim a GST Refund When Shopping in Singapore: A Guide to the Tourist Refund Scheme

Counto

How to Claim a GST Refund When Shopping in Singapore: A Guide to the Tourist Refund Scheme Singapore is a popular shopping destination for tourists, offering a wide range of luxury goods, electronics, and fashion. To make shopping even more attractive, the Tourist Refund Scheme (TRS) allows eligible visitors to claim a refund on the Goods and Services Tax (GST) paid on their purchases.

Tax 52
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Filing trends to watch during the 2025 tax season

Accounting Today

As the new year's tax season begins, a look back at lessons from the 2024 filing season.

Tax 353
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How to implement automated invoice processing for high-volume operations

Nanonets

The accounting talent crisis is changing how businesses handle their finances. With the US market needing 340,000 new accountants and 45% of firms struggling to attract talent, more companies are turning to specialized expense management providers to handle their accounting operations. But here's the catch: These service providers face the same talent shortage.

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Revolutionizing Bookkeeping: Why Value Pricing is the Future

The Successful Bookkeeper

Revolutionizing Bookkeeping: Why Value Pricing is the Future In the evolving world of bookkeeping, professionals face a game-changing question: should we move away from hourly billing and embrace value pricing? This question has sparked debates across industries, but one thing is clearvalue pricing offers an opportunity to redefine the way bookkeepers provide and charge for their services.

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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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How GST on Digital Services Affects Your Netflix, Spotify, and Other Subscriptions in Singapore

Counto

How GST on Digital Services Affects Your Netflix, Spotify, and Other Subscriptions in Singapore As digital services become a staple in everyday life, many Singaporeans subscribe to platforms like Netflix, Spotify, and other streaming or cloud-based services. However, with the introduction and expansion of Goods and Services Tax (GST) on digital services, consumers and businesses alike must understand how these tax changes affect subscription costs and compliance requirements. 1.

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House committee advances IRS legislation

Accounting Today

The House Ways and Means Committee passed a set of bipartisan bills aimed at improving tax filing and administration at the Internal Revenue Service.

Billing 285
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6 Best Self-Employed Business Loans in 2025

Fit Small Business

Depending on your circumstances and needs, the best self-employed business loans will have either flexible qualifications with high approval rates or competitive interest rates and loan terms. These companies also tend to combine those characteristics with excellent customer service, given that self-employed individuals can have complex finances that tend to make it difficult to evaluate.

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Ep. 297: Mike Straza - Building Strong Accounting Teams through Effective Leadership

IMA's Count Me

Join host Adam Larson for an enlightening chat with business consultant Mike Straza of Straza Consulting as they tackle the ins and outs of strengthening accounting teams amidst todays market challenges. Mike shares his secrets on balancing financial responsibilities with genuine team support, emphasizing the power of effective communication and tailored leadership.

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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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What is the Basic Salary for Foreigners in Singapore 2025?

Counto

What is the Basic Salary for Foreigners in Singapore 2025? Singapore remains a prime destination for global talent, with businesses actively seeking foreign professionals. If you are a small business owner considering hiring expatriates or a foreign worker exploring career prospects, understanding the basic salary for foreigners in Singapore is essential.

Payroll 52
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Bookkeeper, financial analyst among top in-demand jobs

Accounting Today

Bookkeepers and financial analysts are among the U.S.'s top 15 most in-demand jobs for 2025, according to staffing agency Randstad.

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What Is Invisible Banking?

Fit Small Business

Invisible banking is a relatively new concept with the goal of making banking a seamless and natural part of everyday life without ever physically visiting a branch. This concept integrates financial services into websites and apps you already use, making banking easier and more convenient. While it began with personal banking, invisible banking has gradually.

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LedgerDocs’ Automatic Bank Statement Fetching: New Features for Easier, Smoother Accounting and Bookkeeping

LedgerDocs

Tired of chasing down bank statements every month? We hear you! Thats why weve made big improvements to the Automatic Bank Statement Fetching experience in LedgerDocsgiving you more control, better organization, and a smoother workflow. Heres a look at whats new with this popular feature: A More Intuitive Connect View Now, selecting your country before connecting your bank account makes the process smoother and more intuitive.

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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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How to Effectively Budget Your Monthly Salary Using the 50/30/20 Rule as an SME in Singapore

Counto

How to Effectively Budget Your Monthly Salary Using the 50/30/20 Rule as an SME in Singapore Managing finances wisely is crucial for both small business owners and employees. The 50/30/20 rule is a straightforward yet effective budgeting method that helps individuals allocate their monthly salary efficiently. For SMEs in Singapore, understanding and applying this rule can improve financial stability, ensuring both business owners and employees achieve long-term financial security. 1.

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Elections, inflation drive sales tax pressures

Accounting Today

Expect rates to rise and audits to increase as cash-strapped states and localities feel the crunch.

Tax 269
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Top 10 Ways to Save Money for Non-Profits

Compleatable

Running a non-profit organization comes with the challenge of balancing mission-driven goals with financial sustainability. Every dollar saved can be redirected toward serving the community, expanding programs, or supporting staff. If you’re looking for ways to save money for non-profits, these ten strategies will help cut costs and maximize resources. 1.

AP 100
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List of QuickBooks Expense Categories: Meaning and Uses

Fit Small Business

Expense categories help in keeping your expenses properly accounted for. Whether expenses are for marketing, office supplies, or utilities, proper categorization provides a clear financial snapshot and highlights high-cost areas. When you sign up for QuickBooks Online, youll see a default QuickBooks expense categories list to get you started. And as you continue setting up.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Why Do HR Professionals Request Payslips During Job Interviews?

Counto

Why Do HR Professionals Request Payslips During Job Interviews? When applying for a job, candidates may be asked to provide their payslips as part of the hiring process. While this may seem like a routine request, many job seekers wonder why it is necessary. From an HR and payroll perspective, payslips play a crucial role in evaluating a candidates salary expectations, verifying employment history, and ensuring fair compensation. 1.

Payroll 52
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AICPA, NASBA propose alternative path to CPA license

Accounting Today

The American Institute of CPAs and the National Association of State Boards of Accountancy proposed changes in the Uniform Accountancy Act model legislation.

CPA 266
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Cost Cutting with AP Automation for Schools

Compleatable

AP automation isnt just about making life easier for the finance department, its a direct path to saving serious money, reducing headaches, and improving overall operational efficiency. Think of it as giving your school or MAT a financial superpower. Why AP Automation Should Be at the Top of Your Cost-Cutting Strategy Implementing a comprehensive end-to-end purchasing and AP automation system comes with a multitude of benefits, from cutting costs and errors to building stronger vendor relation

AP 100
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Accounting Majors Up 12% & IRS Delays Buyout Offer

Cloud Accounting Podcast

Sponsors OnPay - [link] Keeper - [link] Cloud Accountant Staffing - [link] Rho - [link] Chapters (00:00) - Welcome to The Accounting Podcast (03:37) - Government Employee Buyout Offer Update (09:24) - Undergraduate Accounting Enrollment Surge (12:38) - Illinois Proposes New CPA Pathways (14:25) - Elon Musk and IRS Direct File Controversy (18:16) - Doge's Access to Treasury Systems (26:53) - Tax Exemption on Tips: A Double-Edged Sword (30:19) - The Hidden Costs of Automation (38:03) - AI in Accou

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.