Fri.Apr 11, 2025

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Tax season draws to a close amid uncertainty over IRS, tax cuts

Accounting Today

In the final days of tax season, tax professionals have been grinding through their clients' tax returns while trying to reassure them.

Tax 333
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2025’s Best Payroll Software for American Businesses

Outsourced Bookeeping

Payroll may not be the flashiest part of running a business, but its undoubtedly one of the most important. If youre an entrepreneur, HR professional, or small business owner in the United States, chances are youve already faced the monthly hustle of calculating wages, filing taxes, and keeping up with compliance. With 2025 rolling in, the good news is that modern payroll software has evolved its faster, smarter, and more intuitive than ever.

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IRS pushes back penalties on micro-captive transactions

Accounting Today

The Internal Revenue Service issued a notice giving some breathing room to participants and advisors involved with micro-captive insurance companies.

Tax 237
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Maximizing ROI Through Smarter Indirect Procurement

oAppsNet

The difference between breaking even and exceeding profitability goals in enterprise operations often comes down to how well a business manages whats unseen. Thats where indirect procurement enters the picture. While direct procurement gets the spotlight for sourcing core products and materials, indirect procurement quietly powers the internal gears of daily operations and, when appropriately managed, it can unlock significant, scalable cost savings.

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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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Ohio welcomes out-of-state CPAs after law change

Accounting Today

Ohio's new law providing an alternative path to a CPA license has taken effect after 90 days and enables out-of-state CPAs to practice in the Buckeye State.

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The $350M tax evasion case every CPA should know about

Blake Oliver

Meet Douglas Edelman the 73-year-old defense contractor who became one of America's biggest alleged tax cheats after striking gold with a $7 billion military contract. This story starts in the early 1990s when Edelman left Texas to chase opportunities in post-Soviet Russia and later Kyrgyzstan. After 9/11, he and a partner in Kyrgyzstan landed a massive military contract providing fuel and services for US troops in Afghanistan.

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Simplify International Taxes with Global Invoicing Calculator

Invoicera

Keeping track of international taxes is complex as it requires dealing with multiple rules, changing rates, and loads of paperwork. Businesses that operate in different countries must overcome major challenges with global invoicing to ensure compliance and efficient invoice management. Thats where a global invoicing calculator steps in. The invoicing calculator is an innovative blend of simplicity and tax compliance automation.

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Tech news: Caseware forms Global Advisory Board with Barry Melancon as chair

Accounting Today

Plus, Tesorio releases AI agent for supplier portal invoicing; compliance pros see massive sea change due to AI; and other accounting tech news.

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Military Precision: How Veterans Can Solve the Accounting Talent Crisis

Earmark Accounting Podcast

What if the solution to accounting's talent shortage has been hiding in plain sight? In this episode, Navy veteran Mark Steinhoff reveals how the precision required to maintain life support systems on submarines directly translates to accounting excellence. Having managed critical oxygen systems hundreds of feet underwater, Mark now applies that same meticulous attention to detail as an accountant for a water utility.

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Transforming teams through connected leadership

Accounting Today

Connected leadership is like conducting an orchestra: Beautiful music comes from relationships, not just technical precision.

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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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Understanding Revenue Leakage: Causes, Prevention and Solutions

Billing Platform

Like a dripping faucet, revenue leakage which may initially start as a slow financial drip over time will drain your organizations profitability. Unlike customer churn, revenue leakage is when a company loses money, that in many cases could have been preventable. Put another way, revenue leakage is earned revenue that has simply vanished. A couple of questions come to mind First, is all revenue leakage preventable?

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Today's systems demand smarter payment solutions

Accounting Today

Virtual cards have come on the scene as a viable solution for managing purchases made outside the organization.

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Not Sure if a Fringe Benefit Is Taxable? Your Payroll Provider Knows.

CSI Accounting & Payroll

Fringe benefits are great perks but hard to determine how they're taxed. Make sure your payroll specialist knows about each one you offer! Let's discuss what fringe benefits are, their taxations, & why you should tell payroll.

Payroll 52
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From Spreadsheet Chaos to Financial Control with BPA Software

NextProcess

Have you noticed issues with spreadsheets in your business? If so, youre not alone. Many companies rely on spreadsheets, but spreadsheets arent always the best tool for the job and theyre notoriously full of errors. Recently, a literature review published in Frontiers of Computer Science examined 35 years worth of studies on spreadsheet errors and found that about 94% of the spreadsheets in use contained faults (Poon et al., 2024, p. 1).

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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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2025’s Best Payroll Software for Small Businesses

Outsourced Bookeeping

Payroll may not be the flashiest part of running a business, but its undoubtedly one of the most important. If youre an entrepreneur, HR professional, or small business owner in the United States, chances are youve already faced the monthly hustle of calculating wages, filing taxes, and keeping up with compliance. With 2025 rolling in, the good news is that modern payroll software has evolved its faster, smarter, and more intuitive than ever.

Payroll 52
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AI in Accounting: Zoho’s Val Steed on Firm Transitions & the Future of Accountants

Insightful Accountant

In this episode of the Accounting Insiders Podcast, host Gary DeHart sits down with Val Steed, Director of Accountants at Zoho, to discuss the evolving role of artificial intelligence in the accounting profession.

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Bectran Unveils Instant IRS TIN Verification

Trade Credit & Liquidity Management

From a Press Release Dated April 10, 2025, Schaumburg, Illinois Bectran, an accounts receivable management technology provider, has launched a new integration with Cobalt to enable real-time IRS-based Tax Identification Number (TIN) verification directly within its platform. This integration allows businesses to instantly validate Federal Tax Identification Numbers (TINs), including Employer Identification Numbers (EINs), against official IRS records, streamlining the credit approval and account

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He would have been a true financial wizard

Accounting Fun

Back when I was Chairman of the ICAEW Tax Faculty I was also on The Institute's Council. I well recall that during one Council conference we discussed what the Institute could do to make chartered accountancy more sexy and appealing as a career option. One of the best suggestions I can recall was to encourage a then relatively new author, JK Rowling, to change the direction of a series of books she was writing about a boy wizard.

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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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IRS to lose billions in revenue if migrants stop filing taxes

Accounting Today

The Internal Revenue Service is projected to lose more than $313 billion in revenue in the coming decade as undocumented workers are poised to pay fewer taxes.

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House Republican sees SALT deduction limit increasing to $30K

Accounting Today

Rep. Jeff Van Drew thinks House Republicans will end up approving a $30,000 cap on the state and local tax deduction.

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Trump's tariff shift still has markets, industry groups panicked

Accounting Today

The highest average tax rate on imports in more than a century could raise prices and stunt economic growth.

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Trump signs bill blocking IRS crypto tax rule Biden pushed

Accounting Today

The legislation blocks an IRS rule that would have forced some cryptocurrency brokers to provide tax information on transactions conducted on their platforms.

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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.