Sat.Jan 04, 2025 - Fri.Jan 10, 2025

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Five trends that will redefine finance and accounting in 2025

Accounting Today

F&A has evolved from a number-crunching function to a strategic and consultative one, safeguarding assets, streamlining operations and influencing future growth.

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Why CFO Support Services Are Essential for Business Success in 2025

Accounting Department

The role of financial strategy in business success has never been more apparent. With increasing financial complexities, regulatory challenges, and an unpredictable economic environment, small and medium-sized businesses (SMBs) are discovering the critical value of CFO support services.

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A simpler tax code means simpler taxes. For everyone.

Intuit

Today, the US tax code is over 6,000 pages. Thats longer than the Bible, War and Peace, and Robert Caros The Power Broker combined. Thats a lot of pages and a lot of complexity. The tax code wasnt always this complicatedover the last 30 years, it has more than tripled in size. Even the Taxpayer Advocate Service has said that, US tax laws are overly complex.

Tax 264
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Why Your Non-Profit Needs Smarter Purchasing and Accounts Payable Practices

Compleatable

Managing a non-profit organization is no small feat. From juggling fundraising efforts to overseeing operations, every decision you make has a ripple effect on the communities you serve. In this context, one often-overlooked area that can deliver significant impact is how purchasing and accounts payable (AP) processes are managed. Adopting smarter practices in these areas isnt just an operational upgradeits a strategic move that can save time, reduce costs, and amplify your mission.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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IRS to start tax season on Jan. 27

Accounting Today

Newly expanded and improved tools will be available when tax season kicks off this month.

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Maximizing Profit Opportunities with Strategic Financial Forecasting

Accounting Department

In the current competitive environment, small and medium-sized businesses (SMBs) must leverage every possible advantage to succeed and expand. Forecasting is a powerful tool that can greatly influence a company's financial success.

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Top 10 Collection Reminders Writing Tips

Gaviti

Managing accounts receivable can be challenging, but having a structured approach to writing collection reminders can make a significant difference. Many businesses that have embraced automated tools such as payment reminder software are able to simplify this process with dunning emails and late payment reminder templates that ensure consistency, save time, and improve efficiency.

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Grant Thronton CEO steps down

Accounting Today

Seth Siegel, CEO of Top 10 Firm Grant Thornton, announced he is stepping down from his position after 30 years with the firm.

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The Top Accounts Payable Trends to Watch in 2025

Ascend Software blog

The world of finance and accounts payable (AP) is buzzing with innovation, and 2025 is shaping up to be the year of transformative trends. If youre looking to optimize your AP process and stay ahead of the curve, these are the top trends you need on your radar. (Spoiler: AP automation is a star player!

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New Cryptocurrency Reporting Requirements Impact Tax Season 2025

Insightful Accountant

Starting January 1, 2025, the implementation of Form 1099-DA and finalized crypto reporting regulations will significantly impact your tax preparation practice.

Tax 95
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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

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How to Write Effective Past Due Invoice Emails: Templates and Best Practices

Gaviti

A proactive B2B payment reminder sent before the due date is the most effective method for ensuring timely payment of invoices. Even so, businesses sometimes arent able to pay on time for a variety of reasons. Sending a payment reminder for business helps ensure that clients are aware that a due date has passed and that the invoice is outstanding. In certain cases, youll also need to follow up with a past due invoice email.

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The best and worst states for sales taxes

Accounting Today

Data from the Tax Foundation's 2025 State Tax Competitiveness Index ranked which states compete on sales and excise taxes, and which don't.

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Inventory Management in QuickBooks Enterprise – What You Need To Know

Ace Cloud Hosting

QuickBooks Enterprise is one of the most robust tools for managing the accounting processes of every business in any industry.

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Jan 5, U.S. Employment Tax Forms | Yearend Guide For Small Business Owners

Bookkeeping Essentials

U.S. employment tax forms W2, W3, W4, I-9 and year-end payroll tasks. A small business owner's guide to closing out the year right.

Tax 98
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Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

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Accounts Receivable Automation Best Practices

Gaviti

Once your business has started to grow significantly, your A/R and finance team will probably ask themselves how they can transform your accounts receivable process in the most efficient manner. At some point during the business process, most owners ask the question: Whats the best way to transform our accounts receivable process? Choosing an accounts receivable automation solution is only the first step in transforming your accounts receivable.

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IRS proposes banning contingency fees

Accounting Today

The change would come as part of the first big amendments to Circular 230 since 2014.

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What Business Overdraft Protection Is & How It Works

Fit Small Business

Overdraft protection is a business checking service that allows your bank to auto-transfer funds from a backup account, credit card, or a line of credit to pay for transactions if your main checking accounts balance is insufficient. It protects you from overdraft fees and non-sufficient funds (NSF) fees. In many cases, you can set it. The post What Business Overdraft Protection Is & How It Works appeared first on Fit Small Business.

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How to Calculate Accounts Payable Automation ROI

AvidXchange

Table of Contents: AP Automation ROI Calculator | Factors for Calculating Accounts Payable Automation ROI | How to Calculate AP Automation ROI | Intangible Benefits of AP Automation | Tips for Maximizing Accounts Payable Automation ROI | Take the Guesswork Out of Accounts Payable Automation ROI Automating accounts payable (AP) processes can result in many benefits for busy finance and accounting departments.

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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.

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Cryptocurrency Accounting for Small Businesses in Singapore

Counto

Cryptocurrency Accounting for Small Businesses in Singapore As cryptocurrency continues to gain popularity worldwide, many small businesses in Singapore are exploring its potential as an alternative form of payment or an investment option. However, accounting for cryptocurrency can be complex, and understanding the proper treatment is essential for ensuring your business remains compliant and financially organised.

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The best and worst states for property taxes in 2025

Accounting Today

Every state levies property taxes, but some states have high or complex property tax structures, making them less competitive.

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Not Being An ‘Order Taker’ and Ditching $250/$300 Clients w/ Shannon Weinstein

Jetpack Workflow

Podcast Summary In this episode of the Grow Your Firm Podcast, host David Cristello welcomes Shannon Weinstein , the CFO for small businesses transitioning from seven to eight figures and President of Keep What You Earn. Shannon shares her unique approach to hiring, emphasizing the importance of crafting compelling job descriptions that sell the company to prospective candidates.

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3 tech must-haves for 2025, according to Canadian businesses

Plooto

According to our recent survey, over 500 Canadian business owners, accountants, and financial professionals are optimistic about the economy in 2025, with 81% expecting stability or improvement. Reflecting this optimism, businesses are not scaling back; instead, theyre prioritizing technology investments to drive growth and efficiency. In fact, 60% of Canadian businesses plan to increase their use of fintech to replace manual tasks and fuel strategic initiatives.

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Unlock The Blueprint: How To Construct A Better Payment Workflow

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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Understanding GST on Imported Digital Services

Counto

Understanding GST on Imported Digital Services As a small business owner in Singapore, you’re likely using a variety of digital services to streamline your operations, from cloud-based software to e-commerce platforms and marketing tools. However, recent changes in tax regulations have introduced GST on imported digital services , which may impact your businesss bottom line.

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On the move: HCVT adds to partnership

Accounting Today

Ericksen Krentel elects sixth MP; Yeo & Yeo, Grassi and BMSS move offices; IFRS Foundation appoints three new trustees; and more news from across the profession.

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Airwallex Business Account Review for 2025

Fit Small Business

Airwallex provides businesses with global accounts designed to simplify overseas transactions. This financial technology (fintech) platform offers fast transfers, multicurrency accounts, and corporate cards. By using transparent and competitive foreign exchange rates, businesses can effectively lower currency conversion costs and utilize various payment methods.

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Need-to-Know Nonprofit Trends for 2025

AvidXchange

In 2025, nonprofits stand at the crossroads of opportunity and challenge, navigating a rapidly evolving technological landscape. As organizations dedicated to fulfilling vital community needs, they face unique pressures to adapt while maintaining their core mission. Based on our review of industry research, three pivotal trends the increasing use of artificial intelligence (AI), the adoption of electronic payment methods, and the critical need for robust cybersecurity may reshape elements of t

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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GST Registration for Small Businesses

Counto

GST Registration for Small Businesses As a small business owner in Singapore, understanding when and how to register for GST is key to managing your tax obligations and staying compliant with the law. GST (Goods and Services Tax) is a tax that businesses in Singapore need to account for when they reach a certain turnover threshold, but the process of registration can often be unclear.

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Tech roundup: Intuit guarantees tax refunds 5 Days early into any bank account

Accounting Today

Intuit guarantees tax refunds 5 Days early into any bank account; IRIS beefs up Firm Management solution, customer success function; and other accounting tech news and updates.

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What Should Bench Clients Do Now That Employer.com Has Taken Over?

Bookkeeping Express

With the recent acquisition of Bench Accounting by Employer.com, many small business clients are wondering what this transition means for their bookkeeping needs. Benchs abrupt shutdown left numerous clients with incomplete books for 2024, and while Employer.com plans to rehire Bench employees and restart its proprietary technology, the path forward is far from clear.

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Streamlining 1099 Season with Keeper: Simplified W-9 Collection for Accountants

Insightful Accountant

As 1099 season approaches, accountants face the annual challenge of collecting W-9s from contractorsa task often fraught with inefficiencies and missed deadlines. Keeper offers a seamless solution to simplify this process.

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Crafting Impact: Revenue Growth And Efficiency For Finance Professionals

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.