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US-based small business customers can now pay bills online, directly from Xero: no more logging in and out of multiple platforms or writing and sending checks. Im excited to share that you can now securely pay multiple bills at once and track payment statuses, without leaving the Xero platform. Access BILL’s network of over 7.1M
The far-reaching legislation would transfer the responsibilities of the Public Company Accounting Oversight Board to the Securities and Exchange Commission.
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The American Institute of CPAs expressed strong support for bipartisan legislation that would establish the accounting profession as a STEM career pathway.
Bill Cassidy, R-Louisiana, and Mark Warner, D-Virginia, introduced legislation supported by the AICPA that would create a dashboard to inform taxpayers of backlogs and wait times for their tax refunds. A bipartisan pair of lawmakers, Sen.
The House Ways and Means Committee reported the text of the Tax Relief for Workers and Families Act after voting last week to advance the bipartisan bill.
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Bills is one of Xero’s most loved features. It helps you track and pay bills on time, have a clear overview of your accounts payable, and gain a better understanding of your cash flow. Last year, we updated the ‘import’ page in bills. Next on our list is ‘ Bills to pay ’. What’s new in bills to pay?
Yet we know small businesses, accountants and bookkeepers face friction when it comes to paying bills, in fact over half of small businesses are spending more than four hours each month managing accounts payable. And if you have international suppliers, paying your bills is even more complex.
A budget bill passed by the House Financial Services Committee would eliminate the Public Company Accounting Oversight Board and cap the Consumer Financial Protection Bureau's budget at roughly $249 million.
Effortlessly create multiple bills at once by selecting the files or simply drag and drop. Xero automatically creates draft bills with key details, with the original document attached ready for approval. For US accountants, a key compliance update has been implemented to the Schedule C report.
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The House Financial Services Committee is considering legislation to transfer the Public Company Accounting Oversight Board's responsibilities to the SEC.
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American Institute of CPAs president and CEO Barry Melancon discussed the new tax extenders bill that's working its way through Congress, along with a variety of issues affecting the accounting profession, during a wide-ranging talk Thursday at the Accountants Club of America in New York.
The tax extenders legislation is still tied up in the Senate after being passed in the House as senators are still seeking changes in some of the provisions, such as the expanded Child Tax Credit.
Legislation providing two pathways to a CPA license unanimously passed both chambers in the Georgia General Assembly and is awaiting the governor's signature.
The bill, backed by the AICPA, would enable K-12 STEM funding to be used for accounting awareness and education and eventually help with the talent shortage.
Agentic AI workflows are now doing the hard work on behalf of customers by dynamically processing accounts receivable and accounts payable invoices with Intuit QuickBooks Online. Now, were taking cash flow management to the next level with agentic AI done-for-you experiences in production on Intuits platform.
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8 Strategies to Grow Your Accounting Firm A sound accounting firm growth strategy doesnt just chase new clients. To stay competitive, accountants need a strong growth plan that strengthens client relationships, improves efficiency, and prepares them for long-term success. Is your accounting firm ready for growth?
Senate Majority Leader Chuck Schumer, D-New York, announced plans to bring up a vote on the Tax Relief for American Families and Workers Act later this week.
” This stark observation from Haley Reyners, founder of My Two Cents Accounting Services , highlights a common challenge facing small businesses. Cash flow is crucial, and if I don’t have money in my bank, I can’t pay my people or my bills,” says Haley. It should be part of your tech stack.
The House passed tax extenders legislation reviving a number of tax breaks, including the enhanced Child Tax Credit, the ability to fully deduct research and development expenses in the first year, 100% bonus depreciation, disaster tax relief, and more.
Streamlined compliance with Xero Tax: Take control of accounts and tax returns ( Learn more about Xero Tax here.) The Xero Simple plan launches as a new option for accountants and bookkeepers in April 2025, and will be available for small businesses to buy directly from summer 2025. When will Xero Simple be available? Whats next?
Formula 2: Used when there are an abundance of customers and/or products, this formula is based on ARPA (average revenue per account) (customer or product). for common types of recurring revenue business models and its most popular billing models. Learn the four tips to projecting cash flow with recurring billing.
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