Fri.Mar 21, 2025

article thumbnail

AI in advisory: Estate planning

Accounting Today

The third of four looks at how specific accounting firm niches are being impacted for good and ill by artificial intelligence.

article thumbnail

Online Bookkeeping Services : How Automation is Changing the Industry

Outsourced Bookeeping

Many business operations have been transformed through automation in the fast-paced digital environment, where bookkeeping practices also experience significant changes. The bookkeeping industry used to rely on lengthy data entry procedures and paper-based documentation. However, it is now undergoing quick digital transformation and automation. Businesses now use online bookkeeping services to handle their financial records with enhanced efficiency, security, and accuracy.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AI in advisory: Forensic accounting

Accounting Today

The first of four looks at how specific accounting firm niches are being impacted for good and ill by artificial intelligence.

article thumbnail

Top 10 Features of QuickBooks Enterprise for Wineries

Ace Cloud Hosting

Running a successful winery requires much more than cultivating vineyards and making quality wines. You must also manage other processes, such as vendor management, sales order fulfillment, inventory management, etc.

article thumbnail

Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

article thumbnail

Comparing job creation incentives across the US

Accounting Today

Not all job creation incentive programs are created equal. Here are examples of programs from states across the United States.

Tax 213
article thumbnail

What is Cross tax?

Accounting Fun

You'd be forgiven if you've never heard of 'cross tax' although it's been referenced in HMRC's compliance handbook for many years. Does it mean: a) What you get when HMRC staff are overstressed and unhappy? b) A big balancing payment that a client wasn't expecting to have to pay? c) How clients will describe the additional fees accountants charge for quarterly MTD returns?

Tax 40

More Trending

article thumbnail

Paperless Accounts Payable System | Need-to-Knows to go Paperless AP

Fidesic blog

In this post we are going to assume that you know the pain points of manual paper processes, and therefore understand the potential benefits of a paperless accounts payable system. So we are going to start by giving you an understanding of the scope of a paperless AP implementation, including key requirements for success.

article thumbnail

On the move: Monroe Shine celebrates 100 years, new CEO

Accounting Today

Lohman adds professional services line; Nathan Wechsler hires COO; and more news from across the profession.

162
162
article thumbnail

What We Learned at UK Care Week 2025

Compleatable

This week, the care sector came together once again at the NEC Birmingham for UK Care Week 2025 , one of the most anticipated events in the social care calendar. A vibrant and forward-looking gathering, the event brought together care professionals, innovators, suppliers, and policy influencers to address the most pressing challenges and celebrate the achievements within the care industry.

article thumbnail

Auditing Standards Board proposes 5-year plan

Accounting Today

The American Institute of CPAs' Auditing Standards Board is looking for feedback on its proposed strategic plan for 2026-30.

Auditing 147
article thumbnail

How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.

article thumbnail

How Trump's Pick to Run Medicare Used the "Limited Partner" Loophole to Avoid Paying Medicare Taxes

Blake Oliver

Talk about irony - Trump's pick to lead the Centers for Medicare & Medicaid Services (CMS), Dr. Mehmet Oz, paid no Medicare taxes in 2023 and barely any in 2022. On a recent episode of The Accounting Podcast , we dove into how Dr. Oz pulled this off using the "limited partner exemption" to self-employment taxes. Senate Finance Committee Democrats have flagged that he may have underpaid Social Security and Medicare taxes by approximately $440,000.

Tax 52
article thumbnail

AI in advisory: Valuation

Accounting Today

The second of four looks at how specific accounting firm niches are being impacted for good and ill by artificial intelligence.

article thumbnail

Tech news: SEC accepts 2025 FASB taxonomies

Accounting Today

SEC accepts 2025 FASB taxonomies; SAP builds Joule AI into Concur Expense and Concur Travel; New startup, Town, launches with SMB tax platform; and other accounting tech updates.

Tax 147
article thumbnail

Client coaching, CPA referrals can ease tax season stress

Accounting Today

Ahead of Tax Day, annual return filings consume a lot of attention, but advisors and other experts say they pose opportunities for growth and savings as well.

CPA 130
article thumbnail

Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

article thumbnail

AI in advisory: M&A

Accounting Today

The fourth of four looks at how specific accounting firm niches are being impacted for good and ill by artificial intelligence.

article thumbnail

Embracing independence

Accounting Today

When a firm is independent, there's flexibility and a cogent desire to invest in the future.

130
130
article thumbnail

Crypto's clout in Washington is soaring

Accounting Today

The cryptocurrency industry is on a roll in Washington and it's not just because of President Donald Trump.

167
167