Accounting Today

JULY 9, 2025

In 2021, it acquired Long Cook & Samsa in Wooster, Ohio, and in 2015 it acquired LBC International Investigative Accounting in Canada, London and Paris. All rights reserved.

Corporation Tax

Accounting Today

JULY 25, 2025

CONNECTICUT FASB, GASB and FAF logos on the wall at headquarters in Norwalk, Connecticut Courtesy of GASB The Financial Accounting Foundation board of trustees announced it is seeking nominations for new members to join the Financial Accounting Standards Advisory Council for an initial one-year term beginning Jan. All rights reserved.

Corporation Tax

Accounting Today

JUNE 20, 2025

It also applies to 2024 contributions to IRAs and health savings accounts for eligible taxpayers and to estimated tax payments normally due on April 15, June 16 and Sept. All rights reserved. 3 deadline for both states applies to individual income tax returns and payments normally due on April 15, 2025.

Tax

Accounting Today

JULY 17, 2025

Were on the cusp of 70 years old next year in 2026, and I think this is probably the most exciting day of Sax history as we start this journey," Damiano said. "I All rights reserved. Partnering with our sponsor, well be able to invest in our people and ultimately grow our practice to remain competitive in the industry.

Corporation Tax

Accounting Today

JUNE 23, 2025

The Governmental Accounting Standards Board is juggling a variety of projects to improve accounting for state and local governments as they come under pressure from the threat of reduced funding from the federal government. "If All rights reserved. But in todays environment, its at least something they have to consider."

Financial Reporting

Accounting Today

JULY 15, 2025

If youre in solar or wind and you want the [Investment Tax Credit], that basically means you have to have whats called the beginning of construction by July 4, 2026. It has people in the renewable energy industry questioning what will they need to do to meet the beginning of construction test by July 4, 2026. All rights reserved.

Billing

Accounting Today

JULY 28, 2025

The Acknowledgement of Fact Information Document Request process will be eliminated by 2026 due to concerns over limited value and extended timelines. Throughout implementation of these changes in 2025 and 2026, feedback can be sent to LBI.Policy.Feedback@irs.gov. All rights reserved. Expanding use of AIR.

Corporation Tax

Accounting Today

JULY 2, 2025

The National Association of Tax Professionals ( [link] ): This "You Make the Call" looks at Edna and Stacy, who own the accounting practice Counting Cowgirls LLC, and who purchased a 2025 Subaru Forester and wrapped it with a vinyl graphic to promote their business. All rights reserved. Somebody forgot about sales tax code mapping.

Corporation Tax

Accounting Today

JULY 2, 2025

Roger Russell Senior Editor, Accounting Today mailto linkedin For reprint and licensing requests for this article, click here. By Michael Cohn 1h ago Accounting Private sector loses 33K jobs Private sector employers cut 33,000 jobs in June, the first decline in over two years, while annual pay grew 4.4% All rights reserved.

Billing

Accounting Today

JULY 29, 2025

31, 2026, deadline for recognizing those deferred gains is only some 17 months away. All rights reserved. How to help them understand how the process works and how to prepare. Wiss ( [link] ): Clients who deferred capital gains using Qualified Opportunity Funds should watch the calendar: The Dec.

Corporation Tax

Accounting Today

JULY 2, 2025

Establishing a robust accounts payable audit trail is also made more efficient through the adoption of a digital payment system. By Michael Cohn 1h ago Accounting Private sector loses 33K jobs Private sector employers cut 33,000 jobs in June, the first decline in over two years, while annual pay grew 4.4% All rights reserved.

Corporation Tax

Accounting Today

AUGUST 8, 2025

Samuel Corum/Bloomberg The Internal Revenue Service wont adjust current income-tax withholding levels for workers and employers to account for President Donald Trumps new tax law, delaying savings from retroactive cuts for most taxpayers. All rights reserved.

Tax

Accounting Today

AUGUST 11, 2025

That statement between the Treasury and G-7 allies represents "a good step forward in resolving issues involving the global minimum tax," but "2026 is coming rapidly," Barnes said. "As All rights reserved. It is unclear how Pillar Two will be implemented after the framework unfolds." Are they going to be able to do that in time?

Tax

Accounting Today

JUNE 25, 2025

The service received nearly 141 million individual income tax returns and processed about 138 million this tax season, according to the National Taxpayer Service "Objectives Report to Congress" for Fiscal 2026. The IRS will need to rapidly hire and train thousands of new Taxpayer Services employees before the 2026 filing season."

Corporation Tax

Accounting Today

JULY 15, 2025

2, 2026, to file returns and pay any taxes that were originally due during this period. 15, 2026; Quarterly payroll and excise tax returns normally due on July 31, Oct. 31, 2026; Calendar-year partnerships and S corps whose 2024 extensions run out on Sept. All rights reserved. Affected individuals and businesses have until Feb.

Tax

Accounting Today

JULY 2, 2025

By Michael Cohn 1h ago Accounting Private sector loses 33K jobs Private sector employers cut 33,000 jobs in June, the first decline in over two years, while annual pay grew 4.4% By Roger Russell 7h ago Accounting North Carolina signs licensure changes bill into law North Carolina Gov. All rights reserved.

Billing

Accounting Today

JULY 18, 2025

ALABAMA Machen McChesney, Auburn, promoted: Emma Farris to manager, Mary Elizabeth Bond to supervisor, and Ally Bean, Cole Dewberry and Keeley Leisure to senior accountants. All rights reserved. relocate offices; and more news from across the profession. relocate offices; and more news from across the profession. Cohen & Co.,

Corporation Tax

Accounting Today

JULY 2, 2025

Emily Birnbaum and Erik Wasson Bloomberg News Tax Trump tax plan MORE FROM ACCOUNTING TODAY Practice management CPA develops tools for accountants with dentist, veterinarian clients Bassim Michael has created Practice Gauge, a cloud-based analytics platform for his fellow accountants to use with their dentistry and veterinary clients.

Tax

Accounting Today

JULY 17, 2025

Administration officials view the bill as a cornerstone of their economic messaging strategy to win over voters in the 2026 midterm elections when control of the House and the Senate will be at stake. All rights reserved.

Tax

Accounting Today

JUNE 27, 2025

MASSACHUSETTS CRR, Wakefield, partnered with Liberty Partners to launch a new platform, Bridgepoint Alliance, to help lower-to-middle-market accounting firms reduce the complexities and administrative burdens. All rights reserved. He became instrumental in the field of taxation, with a specific focus on state and local taxes. Pittsburgh.

Corporation Tax

Ace Cloud Hosting

MAY 15, 2024

According to Accounting Today, “The accounting software market will have a global value of $11.8 billion by 2026, according to new market research, at an expansion rate of 8.6 percent.

Accounting Software

CapActix

OCTOBER 10, 2023

That’s where the best accounting software for CPAs and accounting firms comes into play. Investing in the best accounting software for CPAs and accounting firms designed to facilitate the operations of accounting business is a prudent decision. million ( Source : Finances Online ).

Accounting Software

Analytix Finance & Accounting

DECEMBER 5, 2022

Accounting plays a critical role in any business’s financial health and overall sustainability. Why is tech adaptation an essential skill for accountants? Online reports say the Accounting Software Market was valued at USD 12.01 Online reports say the Accounting Software Market was valued at USD 12.01

Accounting Software

Nanonets

JUNE 15, 2023

Accounting automation has become a game-changer in the financial world. Accounting automation can help streamline operations, reduce errors, and save time and resources. In a survey, 58% of accountants said automated accounting led to increased efficiency. What is  Accounting Automation?

Purchase Order

AvidXchange

JUNE 28, 2024

billion in 2026, quadrupling from 2022. According to The Federal Reserve , at launch in July 2023, 35 financial institutions were participating in the FedNow Service Network. PYMNTS reports that real-time payment transaction volume is expected to hit $8.9 As of May 2024, that number had ballooned to 758.

AP

Nanonets

AUGUST 1, 2023

Let us, for example, see how document automation workflow can help the Accounts Payable Department in the procure-to-pay process – a routine business operation that involves a significant amount of paperwork, approvals, and routing. Projections indicate that by 2026, this market is expected to reach a value of $19.6

Data Entry

Accounting Today

JULY 3, 2025

She deposited the refund check into a trust bank account and immediately transferred most of the balance to a separate bank account, both of which she controlled. Trial on the remaining counts will be in 2026. All rights reserved. Edelman founded and owned half of Mina Corp. Department of Defense for jet fuel for U.S.

Tax

Xero

DECEMBER 20, 2022

HMRC has announced that Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) has been delayed until April 2026. With small businesses, accountants and bookkeepers facing challenging times, we understand and support the delay from HMRC – giving you more time to prepare. . Why has this happened? The new MTD for ITSA timeline.

Tax

Xero

APRIL 1, 2025

Were pleased to announce that you can now access Sumday’s powerful carbon accounting tools free for 12 months with your Xero subscription, so you can better understand your environmental impact and take steps towards a more sustainable future. Learn more about carbon accounting here. Eligibility and terms apply.

XERO