This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In 2025, AI will no longer be something we discuss in abstract terms. Here’s how I see AI playing out for small businesses in 2025. For small businesses, this could mean AI is embedded in their accounting software, automatically reconciling transactions or flagging anomalies in real time, without requiring direct input.
As 2025 begins, real estate businesses (real estate bookkeeping) must stay ahead of financial reporting and compliance. If you want to avoid audits, missed deductions, or late filings, you need a solid bookkeeping checklist. This blog walks you through what your team should be doing month after month to stay audit-ready all year round.
This article examines the rising threat of fraudulent activities targeting accounts receivable, the necessity of a robust fraud prevention strategy, common fraud schemes that businesses must be aware of, and actionable steps on how to prevent accounts receivable fraud in 2025. Ready to see how our solution can protect your AR process?
Top Remote Audit, Tax, and Accounting Candidates This Week Are you in need of remote accountants? Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote audit, tax, and accounting candidates without any upfront costs. Accountingfly can assist you!
But here’s the thing… Outsourcing your accounting isn’t just a convenience anymore — it’s becoming a competitive advantage in 2025. In 2025, outsourced accounting has evolved into a comprehensive financial partnership that can handle EVERYTHING from day-to-day transactions to high-level financial strategy.
For the 2024 tax year, businesses must issue a 1099-NEC to recipients and file it with the IRS by January 31, 2025, according to the IRS. Simplified Reconciliation Automated systems can provide timely reporting and visibility into supplier payments, making it easier to reconcile accounts during tax season.
Regularly Reconcile Transactions Reconciling sales data with bank statements and payment processors prevents discrepancies. Keeping track of these ensures: Accurate cash flow forecasting Identification of delayed or missing payments Better financial planning and tax compliance 5.
May 1, 2025 ABC Consulting 123 Main Street Anytown, MD 10010 Dear [Client Name]: We are excited about the opportunity to serve you in your new business endeavor. Reconciling banks and credit cards each month. Our work consists of recording keeping, and we do not provide any auditing or fraud detection.
According to predictions from the Global Business Travel Association , “global business travel will almost reach pre-pandemic levels in 2025” and return to “the $1.4 3) Improve Reconciliation and Audits With NextProcess’s T&E system, complete transparency of reimbursement policy and processing makes for easier audits.
Top Remote Audit, Tax, and Accounting Candidates This Week Are you in need of remote tax and accounting candidates? The post Top Remote Audit, Tax and Accounting Candidates | May 22, 2025 appeared first on Accountingfly. Accountingfly can assist you! Sign up now to check out Top Candidates.
Year-End Payroll Adjustments in Singapore: A 2025 Guide for Small Business Owners As the year draws to a close, its not just financial reporting you need to get right payroll adjustments are just as important. Summary Year-end payroll adjustments are a critical part of compliance for employers in Singapore.
Preparing for Singapores Mandatory E-Invoicing in 2025: A Practical Guide for SMEs As a small business owner in Singapore, you’ve likely heard about the governments move toward mandatory e-invoicing via InvoiceNow. Who Will Be Affected in 2025? What Is InvoiceNow? What Do Businesses Need to Do? No changes to your UEN are needed.
Employment and Labour Laws And What They Mean for SMEs in Singapore Audit fees might seem like something only big companies worry about, but understanding what drives these costs can help SMEs in Singapore manage their own compliance and payroll more strategically. million per year in audit fees. million per audit.
This guide breaks down what Singapore employers need to file for Year of Assessment (YA) 2025 covering the forms, deadlines, and compliance tips to help small business owners stay on track. In 2025, this submission is done through the Auto-Inclusion Scheme (AIS) which is mandatory for most businesses.
We organize all of the trending information in your field so you don't have to. Join 52,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content