IRS forces sale of LLC on innocent co-owner
Accounting Today
APRIL 16, 2025
A court upheld the Internal Revenue Service's forced sale of a co-owned dental practice for one owner's tax debt.
Wed.Apr 16, 2025
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UK online bill payments are going global
Xero
APRIL 16, 2025
Paying your suppliers is a non-negotiable part of running any business. When it comes to maintaining a healthy cash flow, it’s just as important as getting paid. The visibility of whats going out helps to complete an accurate financial picture for your business. Yet we know small businesses, accountants and bookkeepers face friction when it comes to paying bills, in fact over half of small businesses are spending more than four hours each month managing accounts payable.
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Accounting class-action lawsuits rose slightly last year
Accounting Today
APRIL 16, 2025
The number of accounting-related securities class-action filings increased slightly in 2024, but were filed against smaller companies, according to a new report.
Finding Clients in Online Communities (Easy & Cheap)
Future Firm
APRIL 16, 2025
Virtual networking can boost your firms visibilityif done right. Heres how to make it work without spending a fortune or too much time. The post Finding Clients in Online Communities (Easy & Cheap) appeared first on Future Firm.
Your Accounting Expertise Will Only Get You So Far: The New Way To Lead
Speaker: Victor C. Barnes, CPA, MBA
In the climb from contributor to leader, the rules quietly change. But 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. 🗻 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. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
Digits takes on the big guys, and other tech stories you may have missed
Accounting Today
APRIL 16, 2025
Plus, cyber teams may not be reporting everything they should, and other developments in technology this past month.
Beyond Spreadsheets: Introducing the 3 Levels of AI Accounting Maturity
Counto
APRIL 16, 2025
Beyond Spreadsheets: Introducing the 3 Levels of AI Accounting Maturity For too long, accounting has been synonymous with manual data entry, endless spreadsheets, and the ever-present risk of human error. At Counto, we’ve reimagined how accounting gets done, where AI empowers accountants, freeing them from the drudgery and elevating them to strategic financial partners.
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How to Get Your Amex Membership Fee Waived in 2025
Fit Small Business
APRIL 16, 2025
American Express has a wide offering of personal and business credit cards that have annual fees ranging from $0 all the way up to $695. Cards that carry an annual fee often have a slew of benefits to make them worth the cost. However, if your spending habits have changed, youre having trouble affording the. The post How to Get Your Amex Membership Fee Waived in 2025 appeared first on Fit Small Business.
FAF reports on activity at FASB and GASB
Accounting Today
APRIL 16, 2025
The Financial Accounting Foundation released its annual report, offering an overview of its activities in 2024, and at the two standard-setters it oversees.
Why Hiring Remote Talent is Essential for Boutique, Full-Service, and Specialty Consulting Firms
accountingfly
APRIL 16, 2025
In 2025, if your firm is still relying solely on local talent for advisory services, its time to rethink your approach. Whether you run a boutique advisory firm, a full-service accounting firm, or a specialty consulting firm, hiring remote talent is the way to goand heres why. The demand for specialized, personalized services is growing, and the best experts are not always right around the corner.
The basics of S corporations — and the pitfalls for small businesses
Accounting Today
APRIL 16, 2025
The structure has been delivering tax savings to advisory practices and other professional services firms for decades. But experts say sometimes it's not the best fit.
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.
IRS whistleblower Gary Shapley to be named acting commissioner
Accounting Today
APRIL 16, 2025
The former special agent in the Criminal Investigation division who probed Hunter Biden's taxes is expected to head the IRS.
IRS Direct File reportedly ending next year
Accounting Today
APRIL 16, 2025
The Trump administration is reportedly making plans to shut down the Internal Revenue Service's free tax prep system next year.
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