Fri.Jan 17, 2025

article thumbnail

IRS to test faster dispute resolution

Accounting Today

Three pilot programs aim to increase the use of 'fast-track settlement' in the agency's different divisions.

Tax 278
article thumbnail

Why Automating Your Schools AP is the Key to Greater Efficiency

Compleatable

Lets face it running a school is a juggling act. Between managing budgets, approving invoices, and ensuring everything runs smoothly, it can sometimes feel like there just arent enough hours in the day. Thats why automation is no longer a luxury its a necessity. Whether youre part of a single school or a multi-academy trust, automating processes like purchasing and accounts payable (AP) can save time, reduce stress, and free up your team to focus on what really matters: supporting students and t

AP 100
professionals

Sign Up for our Newsletter

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

article thumbnail

Werfel resigns as IRS commissioner

Accounting Today

IRS commissioner Danny Werfel announced plans Friday to resign next Monday, Jan. 20, coinciding with Inauguration Day.

Tax 264
article thumbnail

Top Remote Accounting Candidates for Hire | January 17, 2025

accountingfly

Top Remote 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 accounting candidates without any upfront costs. Here are some of this week’s top remote tax and accounting candidates. Sign up now to receive the full list of available top accounting candidates on a weekly basis!

CPA 52
article thumbnail

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

article thumbnail

IRS revises guidance on residential clean energy credits

Accounting Today

The IRS has updated and added new guidance for claiming the Energy Efficient Home Improvement Credit and the Residential Clean Energy Property Credit.

Tax 242
article thumbnail

W-9 Automation: Streamlining Tax Compliance and Vendor Management

oAppsNet

The W-9 form is critical in the complex world of tax compliance and vendor management. This essential document, issued by the Internal Revenue Service (IRS), is used by businesses to collect taxpayer identification information from vendors, freelancers, and contractors. Despite its importance, manual handling of W-9 forms can be time-consuming, error-prone, and inefficient.

More Trending

article thumbnail

QuickBooks Hosting: Will It Enhance Multi-User Access for Teams?

Ace Cloud Hosting

If you’re part of an accounting team, you know how difficult it can be to wait to access up-to-date company files. More than convenience, it is a critical aspect of.

article thumbnail

On the move: LLME adds audit partner

Accounting Today

Two leaders exit SEC; Illinois CPA Society welcomes largest class of Mary T. Washington Wylie Internship Preparation Program scholars; and more news from across the profession.

Auditing 130
article thumbnail

Accounting Principles of Financial Accounting

Black Ink Tax & Accounting

Table of Contents Why Statement of Cash Flow is Important: Understanding Cash Flow Statement A statement is one cashflow that […] The post Accounting Principles of Financial Accounting appeared first on bitaccounting.

article thumbnail

Tech news: CPA.com announces updates to Dynamic Audit Solution

Accounting Today

Plus, Corecentric enhances its International Tax Management Engine; and other accounting tech news and updates.

Auditing 130
article thumbnail

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

article thumbnail

How Can I Become an Accountant

Black Ink Tax & Accounting

Table of Contents How Can I Become an Accountant: Steps, Degrees, and Career Paths Changing your designation from a bookkeeper […] The post How Can I Become an Accountant appeared first on bitaccounting.

article thumbnail

Steps to take as bonus depreciation phases down

Accounting Today

As we enter the beginning of 2025, bonus depreciation continues to leverage down as more portions of the Tax Cuts and Jobs Act expire.

Tax 130
article thumbnail

Are accountants the best patients for surgeons to operate on?

Accounting Fun

Five surgeons are discussing who makes the best patients to operate on. The first surgeon says, "I like to see accountants on my operating table, because when you open them up, everything inside is numbered." The second responds, "Yeah, but you should try electricians! Everything inside them is colour coded." The third surgeon says, "No, I really think librarians are the best; everything inside them is in alphabetical order.

article thumbnail

Surging long-term rates stoke GOP tensions on paying for tax cut

Accounting Today

The mood in markets and the financial situation are starkly different from 2017, when Trump and congressional Republicans passed a deficit-expanding tax cut.

Tax 130
article thumbnail

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.