Thu.Mar 27, 2025

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The Hidden Risks of Relying on Proprietary Accounting Software

Accounting Department

Accounting is the backbone of any business, from managing cash flow to ensuring compliance and long-term scalability. Many business owners turn to proprietary accounting software for streamlined financial management, captivated by promises of simplicity and powerful functionality.

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Accounting firms declare their independence

Accounting Today

In an era dominated by private equity and merger mania, firms that want to stand alone have to make that a conscious and continual choice.

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Best Alternative to AvidXchange Ariett Before November 2025

Compleatable

As AvidXchange phases out Ariett on November 1, 2025, businesses are actively seeking robust alternatives for their purchasing and accounts payable automation needs. Compleat Software emerges as a compelling solution, offering enhanced functionalities that not only match but surpass those previously provided by Ariett. This article explores the core features of Ariett and demonstrates how Compleat Software delivers equivalent or superior capabilities, ensuring a seamless transition for businesse

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Firms with AI report higher per-employee revenue

Accounting Today

A recent survey from Rightworks found firms that use AI have a higher revenue per employee than firms that do not.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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The Zero Cost Accounting Client Acquisition Method w/Alyssa J. Dillon

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes Alyssa J. Dillon , a fellow entrepreneur who shares her inspiring journey of starting her own business. The conversation kicks off with Alyssa recounting the pivotal moment when she decided to quit her job and explore the possibility of working for herself after receiving a side accounting request.

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PwC announces Agent OS for coordinating AI agents

Accounting Today

Big Four firm PwC announced the release of Agent OS, styled as an agentic AI operating system to streamline AI workflows and orchestrate complex, multi-agent business processes at scale.

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Tax Fraud Blotter: Needing relief

Accounting Today

Nothing but the tooth; an offer she can't refuse; patterns of filing; and other highlights of recent tax cases.

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Insurance Claims & Prior Authorizations Streamlined with AI & RPA

RevCycle

In the complex world of healthcare revenue cycle management, insurance claims and prior authorizations are among the most time-consuming and error-prone processes. But with the rise of Artificial Intelligence (AI) and Robotic Process Automation (RPA), healthcare providers, payers, and third-party agencies have new tools to reduce friction, improve accuracy, and speed up reimbursement.

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Building the business case for DEI in accounting firms

Accounting Today

A diverse team isn't about filling seats or meeting quotas; it's about breaking free from the hive mind.

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Directions NA Sessions To See

Fidesic blog

Directions North America is right around the corner and we can't wait. This year in Las Vegas, Directions North America is the only Microsoft Dynamics 365 Business Central event created by partners, for partners, in the community in North America.

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Self-Employed Retirement Plans: Top Options & Benefits

Fit Small Business

Choosing the right self-employed retirement plans depends on your income, business structure, and savings goals. As a self-employed individual, you have several options, each with unique benefits, such as high contribution limits, tax advantages, or flexibility. Below, we break down the key features of different retirement options for self-employed individuals to help you determine which.

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Payroll changes – 1 April 2025

Ontrack Bookkeeping

1st April always see’s changes for payroll. Below is a summary of the 1 April 2025 updates: ACC Earners Levy updating to 1.67 cents ACC Earner threshold updating to $152,790.00 Minimum Wage Adult Min Wage increasing to $23.50. Starting Out/Training Wage increasing to $18.80 Tax on Extra pay on Final Pay Updated method for calculating Extra Pay Tax on Termination Pays Tax Codes No change this year Student Loan thresholds No change this year ESCT ESCT Thresholds updated These updates

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How to File Business Bankruptcy in 2025: Step-by-Step Guide

Fit Small Business

The decision to file bankruptcy as a business owner is not an easy one to make. Filing bankruptcy is a time-consuming and expensive process, and one that can be a black mark on your credit, making it difficult to secure loans or other sources of funding in the future. However, if you truly cannot afford. The post How to File Business Bankruptcy in 2025: Step-by-Step Guide appeared first on Fit Small Business.

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ADM to cut CEO's bonus after accounting scandal hit shares

Accounting Today

The move comes after ADM adjusted years of financial results due to errors in the way it reported transactions between business units.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Small Business Grants & Resources for Former Felons

Fit Small Business

Grants and other resources are available to people who were convicted of felonies and are interested in financing a business. The best small business grants and resources for former felons should offer financial and educational opportunities that provide capital and help support business growth. Ive compiled some of the best financing resources, which can apply.

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Voting for the 2025 ProAdvisor Awards Closes on Tuesday

Insightful Accountant

Voting for the ProAdvisor Awards closes on Tuesday April 1. If you haven't voted for the 2025 ProAdvisor Awards now is the time to cast your ballot for both U.S. and International candidates.

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Top Remote Audit, Tax and Accounting Candidates | March 27, 2025

accountingfly

Top Remote Audit, Tax, and Accounting Candidates This Week Are you in need of remote accountants? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote audit, tax, and accounting candidates without any upfront costs. Here are some of this week’s top remote audit, tax, and accounting candidates.

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Stop Undercharging and Start Earning What You’re Worth

The Successful Bookkeeper

Many bookkeepers struggle with pricing their services. They know the value they bring to their clients but often hesitate to charge what they deserve. This leads to long hours, financial stress, and a business that feels more like a job than a profitable venture.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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April's QB Talks is a Deep-Dive into the "Best of the Best Payroll Apps"

Insightful Accountant

Murph and Debra Kilsheimer will take a deep dive into the 'Best of the Best' Payroll Apps. Are you using the 'old standby' Payroll and wondering if you're getting the best "bang for your buck?" Don't miss this opportunity to explore something else!

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Bitso is Transforming International Payments in Latin America

Trade Credit & Liquidity Management

Bitso, a leading Latin American crypto exchange, has launched a new payments solution through its subsidiary Juno, focusing on the MXNB stablecoin. This initiative aims to streamline cross-border payments and improve the financial infrastructure in Latin America. Key Features of the MXNB Stablecoin MXNB is pegged to the Mexican peso. Being fully backed on a 1:1 basis with the peso ensures stability and transparency—reserves are regularly audited, with public attestation reports available.

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The Future of Tax Practice: How AI Will Transform Your Business

Insightful Accountant

Its no secret that the impact of artificial intelligence on tax practices is no longer theoreticalit's rapidly becoming reality. Recent industry surveys and analyses reveal that AI is fundamentally reshaping our industry.

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Navigating Small Business Credit Trends

Trade Credit & Liquidity Management

The 2025 Report on Employer Firms is an extensive compilation of findings from the 2024 Small Business Credit Survey (SBCS), which offers valuable insights into the financial circumstances and operational issues faced by small businesses across the United States. Conducted by the Federal Reserve Banks, this survey includes responses from over 7,600 small employer firms and covers various aspects such as performance, credit-seeking behaviors, operational challenges, and financing outcomes.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Ultimate Guide to QuickBooks Online & QuickBooks Enterprise Support

Ace Cloud Hosting

QuickBooks Online (QBO) and QuickBooks Enterprise Solutions (QBES) are two outstanding accounting products from Intuit designed to streamline financial management. These solutions cater to businesses of all sizes, from small.

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New Integration by Bectran Offers Enhanced Anti-Fraud Capabilities for Credit Decision-Making

Trade Credit & Liquidity Management

From a Press Release Dated March 25, 2025, Schaumburg, Illinois Bectran, Inc. , an accounts receivable management technology provider, announced the integration of advanced fraud security and applicant verification capabilities into its credit application process. This enhancement leverages a partnership with a global data and technology firm to provide robust identity verification, fraud detection, and risk-based authentication tools.

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Where Does 1099-S Form Go on a Tax Return?

Black Ink Tax & Accounting

Table of Contents Self-Employed Housekeeper Tax Return: The Ultimate Guide If you are a self-employed housekeeper, you have the flexibility […] The post Where Does 1099-S Form Go on a Tax Return? appeared first on bitaccounting.

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IAASB offers auditing standard implementation guide

Accounting Today

The International Auditing and Assurance Standards Board and the International Sustainability Standards Board provided help with adopting their standards.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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How Much Does a Living Trust Cost?

Black Ink Tax & Accounting

Table of Contents Self-Employed Housekeeper Tax Return: The Ultimate Guide If you are a self-employed housekeeper, you have the flexibility […] The post How Much Does a Living Trust Cost? appeared first on bitaccounting.

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Senate majority leader pushes estate tax repeal in GOP bill talks

Accounting Today

Republicans are aiming to approve a multitrillion tax bill in the coming months that renews Trump's 2017 cuts, along with a fresh round of levy reductions.

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Strong Canadian Support is Critical for Small Businesses to Survive—And Even Thrive—Amid Trump’s Tariff Chaos

FundThrough

Canadas small businesses are under siege. Ever since U.S. President Donald Trump announced a 25 percent tariff on Canadian imports, the fallout has been swift: hiring freezes, layoffs, and stalled investments are only the beginning. While Trump has paused tariffs on goods that fall under the USMCA trade agreement until April 2, the uncertainty is […] The post Strong Canadian Support is Critical for Small Businesses to SurviveAnd Even ThriveAmid Trumps Tariff Chaos appeared first on FundThr

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Small biz says sales growth under pressure

Accounting Today

Many companies are enthused by Trump's proposals to cut taxes and regulation, but there's mounting concern that his tariffs will raise prices and squeeze margins.

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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.