Accounting Department

FEBRUARY 27, 2025

Bench was known for its proprietary accounting system, which unfortunately became an obstacle for its clients during the transition. This event underscores an essential lesson for every business owner and entrepreneurchoosing the right accounting system can make or break your operations.

Accounting 189

Accounting Accounting Accounting Software 189

Accounting Today

JUNE 17, 2025

The Rosenberg Associates ( [link] ): Private equity entered the accounting profession with promises of creating value and fixing many of the pain points in the profession. All rights reserved. A recent paper examines how uncertainty is suggested again by Zilka v. Tax Review Board.

Corporation Tax 207

Corporation Tax Auditing Tax Accounting Software 207

Accounting Today

JUNE 11, 2025

As is common among many accounting firms taking PE capital, Elliott Davis will operate in an alternative practice structure. Read more: "Private equity in accounting: The end of the beginning" ) "This marks an important milestone for Elliott Davis," Otten said in a statement. All rights reserved.

Corporation Tax 262

Corporation Tax Auditing Accounting Software CPA 262

Accounting Today

JUNE 16, 2025

EDT 6 Min Read Facebook Twitter LinkedIn Email Accountants are facing increasing demands for precision, speed and data protection. Accountants manage a high volume of sensitive information daily, covering everything from client tax details and payroll reports to audit documentation and financial disclosures. All rights reserved.

Accounting 130

Accounting Accounting Auditing Corporation Tax 130

Accounting Today

JUNE 6, 2025

XcelLabs provides solutions to help accountants use artificial technology fluently and strategically. Accountants know they need to be more advisory, but not everyone can figure out how to do it," Tolin said in a statement. All rights reserved. These offerings are currently in beta testing.

Corporation Tax 130

Corporation Tax Accounting Accounting CPA 130

Accounting Today

JUNE 12, 2025

After an IRS audit in 2016 assessed a federal tax debt totaling some $1 million, Archer concealed and transferred assets through two LLCs he controlled and began using third-party bank accounts to evade paying the tax debt. All rights reserved. In March 2019, Archer filed for Chapter 7. In March 2019, Archer filed for Chapter 7.

Tax 213

Tax Auditing Corporation Tax Accounting Software 213

Accounting Today

JUNE 23, 2025

With accounting talent in short supply, many firms are paying a premium for external hires instead of promoting their internal talent. My firms compensation data, collected in 2024 and 2025, shows that accounting firms paid 7% more to bring in outside senior analysts in tax and audit than they paid internal staff in the same positions.

Corporation Tax 182

Corporation Tax Auditing Accounting Software Tax 182

Accounting Today

JUNE 13, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email Accounting firms are reporting bigger profits and more clients, according to a new report. All rights reserved.

Corporation Tax 173

Corporation Tax Auditing XERO Accounting Software 173

Accounting Today

JUNE 13, 2025

Financial Cents introduces advanced reporting features bohlam - stock.adobe.com Accounting practice management software provider Financial Cents announced a new reporting suite to help firm owners manage their team performance, revenue generation and profitability more precisely. All rights reserved.

Corporation Tax 207

Corporation Tax Tax Auditing Billing 207

Accounting Today

JUNE 17, 2025

Tipalti provides a suite of finance automation solutions for accounts payable, global payouts, procurement, employee expenses, corporate cards, supplier management and tax compliance. All rights reserved. With the acquisition of Statement, the platform now adds treasury functions to its capacities. "I

Corporation Tax 147

Corporation Tax Corporate Finance Auditing Accounting Software 147

Accounting Today

JUNE 19, 2025

Tax IRS Tax regulations Corporate taxes MORE FROM ACCOUNTING TODAY Tax IRS spruces up Pre-Filing Agreement program New guidance, step-by-step instructions and useful statistics are now available for large business filers. All rights reserved. Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here.

Corporation Tax 147

Corporation Tax Auditing Accounting Software Tax 147

Accounting Today

JUNE 9, 2025

Audit Audit preparation Client retention MORE FROM ACCOUNTING TODAY Accounting Koziel: There's more upside than downside for accountants The profession faces plenty of issues — but many come with strong opportunities, says the AICPA chief. All rights reserved.

Auditing 147

Auditing Corporation Tax CPA Accounting Software 147

Accounting Today

JUNE 16, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements for auditors of broker-dealers. All rights reserved.

Auditing 147

Auditing Corporation Tax Accounting Software Tax 147

Accounting Today

JUNE 23, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email The Governmental Accounting Standards Board issued questions and answers to help explain certain pronouncements to stakeholders. All rights reserved. Courtesy of GASB Implementation Guide No.

Corporation Tax 147

Corporation Tax Auditing Accounting Software Tax 147

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 191

Tax Deposits Corporation Tax Auditing 191

Accounting Today

JUNE 9, 2025

EDT 7 Min Read Facebook Twitter LinkedIn Email I am optimistic about the "trusted advisor" destination that the accounting profession has marked as its territory, but skeptical of the partnership model as a means of transportation to that promised land. All rights reserved.

Accounting 130

Accounting Accounting CPA Corporation Tax 130

Intuit

APRIL 21, 2025

Table of Contents Why choose a career in accounting? While many accounting graduates pursue careers in finance, this degree provides a solid foundation for roles in auditing, tax, and other sectors of the financial world. If a finance career sounds intriguing to you, read on and discover what jobs you can get with an accounting degree.

Financial Statements 130

Financial Statements Accounting Accounting Budgeting 130

Accounting Today

JUNE 17, 2025

Chris Gaetano Technology Editor, Accounting Today linkedin For reprint and licensing requests for this article, click here. By Michael Cohn June 16 Audit Broker-dealer audit deficiency rates remain high The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements.

Corporation Tax 147

Corporation Tax Auditing Accounting Software Tax 147

Accounting Today

JUNE 23, 2025

EDT 3 Min Read Facebook Twitter LinkedIn Email The International Accounting Standards Board released a revised practice statement on management commentary to achieve better global alignment, while its parent, the IFRS Foundation, released guidance on an entitys climate-related transition disclosures. All rights reserved.

Corporation Tax 147

Corporation Tax Auditing Accounting Software Tax 147

Accounting Today

JUNE 9, 2025

Danielle Lee Managing Editor, Accounting Today mailto linkedin For reprint and licensing requests for this article, click here. All rights reserved. And this is just the beginning…we have some exciting things on our roadmap and look forward to sharing them very soon!"

Tax 130

Tax Corporation Tax CPA Auditing 130

Accounting Today

JUNE 20, 2025

Taxfyle rolls out TXF Intelligence for smaller practitioners Tax solutions provider Taxfyle announced the release of its new TXF Intelligence product, a generative AI tool built to automate and streamline tax return preparation for small tax and accounting firms in the U.S. All rights reserved.

Tax 147

Tax Corporation Tax Auditing Accounting Software 147

Accounting Today

JUNE 6, 2025

Accounting practice management software provider Karbon announced its new Practice Intelligence product, an agentic AI-driven solution thats the next evolution of its Practice Management platform. All rights reserved. Karbon Practice Management evolves into Practice Intelligence product Karbon accepts Talent Visionary Award.

XERO 147

XERO Auditing Corporation Tax Tax 147

Accounting Today

JUNE 16, 2025

EDT 4 Min Read Facebook Twitter LinkedIn Email For decades, accounting firms have operated on a rhythm as reliable as a metronome: a rush of activity from January through April, followed by a lull that stretches through the summer and beyond. All rights reserved. What was once a manageable cycle is now a source of instability.

Corporation Tax 130

Corporation Tax Auditing Billing Tax 130

Accounting Today

JUNE 9, 2025

Practice management Technology MORE FROM ACCOUNTING TODAY Accounting Koziel: There's more upside than downside for accountants The profession faces plenty of issues — but many come with strong opportunities, says the AICPA chief. All rights reserved. Gary Boomer Visionary and strategist, Boomer Consulting Inc.

CPA 130

CPA Corporation Tax Auditing Tax 130

Accounting Today

JUNE 19, 2025

In response, Whitman formed a trust with his girlfriend as the trustee then directed his income from the business into the trusts bank accounts and used the money to pay personal expenses. All rights reserved. In 2012, the IRS assessed nearly $800,000 in taxes against Whitman for 2002 through 2009 and began trying to collect.

Tax 147

Tax Deposits Corporation Tax Auditing 147

Accounting Today

JUNE 5, 2025

Trifilo worked in compliance for several large accounting and finance firms and recently was managing director at a tax firm where he specialized in transaction structuring and advisory service, tax compliance and tax due diligence. All rights reserved.

Tax 147

Tax Corporation Tax Auditing Accounting Software 147

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."

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Accounting Today

JUNE 18, 2025

EDT 2 Min Read Facebook Twitter LinkedIn Email The Chartered Institute of Management Accountants named John Graham its next president, succeeding Simon Bittlestone, effective today. Yet, the finance and accounting profession continues to show remarkable resilience," Graham said in a statement. All rights reserved.

Corporation Tax 162

Corporation Tax Auditing Accounting Software Finance Officer 162

Intuit

APRIL 25, 2025

It can shape your accounting career path, client relationships, and firm growth. Lets break down key differences, when businesses need them, and how accounting firms use both to stay ahead. For accountants, choosing an advisory vs. consulting path isnt just about titles. In accounting, consulting takes many forms.

Auditing 130

Auditing Accounting Software Tax CPA 130

Accounting Today

JUNE 17, 2025

Practice management M&A Grant Thornton International accounting MORE FROM ACCOUNTING TODAY Tax Tax pro coalition urges Treasury to stabilize IRS amid layoffs A group of tax organizations, including the NATP and NAEA, hopes to preserve the core tax functions relied on by tax professionals despite cutbacks at the IRS.

Corporation Tax 147

Corporation Tax Auditing Accounting Software Tax 147

Accounting Today

JUNE 5, 2025

The expanded firm will continue to offer accounting and advisory services along with strengthened capabilities in business valuations, fractional CFO, client accounting, international tax consulting, litigation support, and succession planning, as well as medical and dental practice consulting through DMJPS Healthcare.

Corporation Tax 147

Corporation Tax Auditing Accounting Software Tax 147

Xero

SEPTEMBER 16, 2024

To accelerate our mission to provide powerful insights, we are thrilled to share that Xero is acquiring Syft, a leading global cloud-based reporting, insights and analytics platform for small businesses, accountants and bookkeepers. Today, Syft is available through the Xero App Store as an app partner.

XERO 290

XERO Accounting Software Bookkeeping Small Business Accounting 290

Accounting Today

JUNE 6, 2025

ARIZONA The Association for Accounting Marketing Hall of Fame celebrated the 35th anniversary of the annual AAM Summit in Phoenix May 12-14. CALIFORNIA Janet Shepard Janet Shepard was hired as a business management partner and co-leader of the client accounting services practice at HCVT, Irvine. All rights reserved.

Corporation Tax 130

Corporation Tax Auditing CPA Accounting Software 130

Xero

NOVEMBER 2, 2022

We know it’s not enough to just create really #beautiful accounting software – we also need to teach you to use it. You can also find guides on Getting your invoices paid faster , Staying on top of your cash flow , Reconcile bank accounts easily in Xero and Creating professional invoices with ease , with more topics to come. .

XERO 264

XERO Bank Reconciliation Data Entry Reconciling 264

Accounting Today

JUNE 10, 2025

Tonneson is one of the largest accounting firms in Boston and has been recognized on Accounting Today s Best Accounting Firms to Work For list for seven years in a row. 14 on Accounting Today s 2025 list of the Top 100 Firms , with over $1.1 All rights reserved. It has a team of over 100 professionals.

Corporation Tax 130

Corporation Tax Auditing Tax Accounting Software 130

Accounting Today

JUNE 16, 2025

EDT 4 Min Read Facebook Twitter LinkedIn Email Business owners who employ their children in a reasonable but limited capacity at their firms can rake in tax savings and start their kids first retirement accounts in the process. All rights reserved. But the benefits wont accrue from brazen attempts by parents to give their kids money.

Tax 130

Tax Corporation Tax Auditing Accounting Software 130

Xero

JULY 20, 2022

Today, we kicked off Xerocon London 2022 and it was clear from the excitement and buzz at the event that our accountants and bookkeepers, app partners and exhibitors were as happy as we were to come together again as a community. Thank you to the more than 2,000 delegates and app partners who joined us today. . Get going with Xero Go.

XERO 246

XERO Bookkeeping Payroll Accounting Software 246