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A recent report from CPA.com says that semi-autonomous AI bots are already completing bookkeeping workflows start to finish, fully automating the process.
We’re excited to announce that partnership tax has arrived in Xero Tax. You can now manage most of your clients’ tax needs – corporate, personal, and ordinary partnerships – in one simple, secure platform. Your practice can now gain all the benefits of Xero Tax across your ordinary partnership clients.
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Surrounded by our amazing accounting and bookkeeping partners and small business customers, I understood the magnitude of what we are fighting for. . Accountants and bookkeepers are key to providing it. . A national campaign to promote accountants and bookkeepers.
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Of the roughly 100 students in our program, 15–20% are already working in accounting-related roles — bookkeepers, clerks or accounting assistants. By Chris Gaetano June 5 Tax By the numbers: IRS and PwC layoffs, accounting students and more The latest data on layoffs and growth in masters degree programs in accounting.
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This is complemented by personalized AI-driven insights and recommendations, and a seamless path to AI-powered human tax and bookkeeping experts whenever needed.
While here may not be the best place to ponder the ebb and flow of time, it is worth bearing in mind when assessing the April 2024 starting date for Making Tax Digital for Income Tax Self Assessment (MTD for ITSA). Affected taxpayers or their accountant or bookkeeper can submit quarterly updates for MTD for ITSA.
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Real-time bookkeeping, which provides up-to-date financial information at the click of a button, has become an indispensable tool for modern businesses. With real-time bookkeeping, you have immediate access to your financial data, enabling better decision-making, improved cash flow management, and enhanced business performance.
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?
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