Wed.Dec 11, 2024

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The Side Hustle Generation: Gen Z and Millennials Redefine Financial Success

Intuit

The multiple gigs hustle is alive and thriving among Gen Z and millennials. According to Intuits latest consumer survey, The Side Hustle Generation: Gen Z and Millennials Redefine Financial Success, nearly two-thirds of 18-35-year-olds have started or plan to start a side hustle as an addition to another form of income. Even more telling, 65% of them intend to carry their entrepreneurial ventures into 2025.

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FOCUS Sandbox and sample data available now

FinOps Foundation

Key Insight: To support the adoption of FOCUS , the FinOps Foundation has augmented the Use Case Library with the introduction of the FOCUS Sandbox. FinOps Practitioners can use this sandbox to run SQL queries on actual (anonymized) FOCUS billing data to gain a clear understanding of what FOCUS data looks like, and the real-world insights it yields.

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The 2024 Top 100 People: The most vital issues in accounting

Accounting Today

Accounting's most influential outline the profession's biggest challenges.

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Navigating the Hidden Costs of Business Decisions: The Crucial Role of Opportunity Cost

Accounting Department

In the dynamic world of entrepreneurship and business management, every decision you make can significantly impact your business's trajectory. Whether it's choosing between investing in new technology or expanding your product line, the choices are endless and often complex.

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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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PCAOB sees signs of improvement in audit quality

Accounting Today

Auditing firms appear to be making headway on fixing some of the problems identified by the Public Company Accounting Oversight Board.

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What to Look Out for in 2025: Finance, Purchasing & AP Automation Trends

Compleatable

The world of finance, purchasing, and accounts payable (AP) automation is transforming rapidly, and 2025 is set to bring even more significant changes. To stay ahead, businesses must be prepared to embrace cutting-edge technology and strategies that enhance efficiency, reduce costs, and foster resilience. Heres what to watch for in the coming year: The Rise of Hyper-Automation in Finance Automation is no longer a novelty; in 2025, hyper-automation will dominate.

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More Trending

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How to Deduct Meals and Entertainment in 2025

Billah and Associates

Meals and entertainment (M&E) expenses are often incurred by businesses, but they can be confusing to deduct. To ensure you’re maximizing your deductions, it’s essential to understand the specific rules and regulations. As a business owner, maximizing tax deductions is crucial for maintaining healthy financials. In 2025, meals and entertainment deductions might offer valuable savings when handled correctly.

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Modernized e-File system slates shutdown for December

Accounting Today

IRS Business Modernized e-File system will partially and temporarily offline for maintenance just before the end of the year.

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How to Avoid Hidden Cloud Costs: A Must-Know for Startups

Economize

Cloud computing simplifies IT management for startups. It does not require large upfront investments and has the scalability to adapt to changing business needs. It easily adapts to emerging technologies. like machine learning and generative AI. However, keeping your cloud budget under check is often a challenge for many new startups.

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Maximize tax benefits with year-end tax planning

Accounting Today

With changing tax regulations and incentives, staying informed about the latest updates is crucial for optimizing client outcomes.

Tax 239
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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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10 Invoicing Software Every USA Business Should Know About

Invoicera

Managing invoices can sometimes feel a tough task, much like a performance of trust where an error could lead to a complete disaster! Invoicing is considered an essential need and not a mere want for owners of small and medium enterprises across the United States of America. Recent statistics reveal that 61% of late invoice payments in the U.S. are due to manual processing errors, highlighting the critical need for efficient invoicing solutions.

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CAS practices grow 17%

Accounting Today

The American Institute of CPAs and CPA.com released their 2024 CAS Benchmark Survey.

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What to Look Out for in 2025: Finance, Purchasing & AP Automation Trends

Compleatable

The world of finance, purchasing, and accounts payable (AP) automation is transforming rapidly, and 2025 is set to bring even more significant changes. To stay ahead, businesses must be prepared to embrace cutting-edge technology and strategies that enhance efficiency, reduce costs, and foster resilience. Heres what to watch for in the coming year: The Rise of Hyper-Automation in Finance Automation is no longer a novelty; in 2025, hyper-automation will dominate.

AP 100
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Franklin Alliance offers PE alternative to small firms

Accounting Today

The Franklin Alliance, a venture capital-backed operating company, acquired Bement & Company, offering small firms an alternative way to scale outside of private equity.

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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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The Impact of AI on Bookkeeping: Small Businesses Need to Know

Outsourced Bookeeping

Artificial Intelligence (AI) is changing all sectors of business, and bookkeeping is not an exception. For small business owners, the adoption of AI on bookkeeping is a great opportunity to work smarter, faster, and more accurately. Since more and more companies now choose AI bookkeeping services, it is necessary to determine its function and advantages.

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Springline Advisory adds HM&M and Clark, Raymond

Accounting Today

The private equity-backed firm invested in HM&M Advisory, based in Dallas, and Clark, Raymond & Company in Redmond, Washington.

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The Impact of AI on Bookkeeping: Small Businesses Need to Know

Outsourced Bookeeping

Artificial Intelligence (AI) is changing all sectors of business, and bookkeeping is not an exception. For small business owners, the adoption of AI in bookkeeping is a great opportunity to work smarter, faster, and more accurately. Since more and more companies now choose AI bookkeeping services, it is necessary to determine its function and advantages.

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Certinia touts enhanced analytics, AI, automation in latest release

Accounting Today

Financial operations platform Certinia announced its latest release, featuring new enhancements to its professional cloud as well as bolstered AI, analytics and automation capacities.

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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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Murph's Payroll App Comparison is Today

Insightful Accountant

At today's 'Be Insightful' Premium Content App Comparison, Murph will be reviewing fourteen Payroll Solutions that work with QuickBooks or Xero, as well as other general ledgers. You can still register for the 3:00 PM (Eastern) Webinar.

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2024 Top 100 People extra: AI, PE and other concerns

Accounting Today

As part of this year's Top 100 Most Influential People survey, Accounting Today asked, "What is the most important issue currently facing the accounting profession?

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Increasing Your Prices Without Changing Service Levels

Future Firm

Many firm owners struggle with raising prices for underpaying clients. Discover the challenges involved and how to overcome them. The post Increasing Your Prices Without Changing Service Levels appeared first on Future Firm.

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Macy's shares fall after profit hit by accounting error

Accounting Today

The retailer trimmed its profit outlook after concluding its investigation into an employee plot to hide millions of dollars in expenses.

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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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Can you go to jail for not filing taxes

Black Ink Tax & Accounting

Table of Contents Can you go to jail for not filing taxes It is important to respect the law. Not […] The post Can you go to jail for not filing taxes appeared first on bitaccounting.

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7 Best Asana Alternatives & Competitors in 2025

Fit Small Business

Asana is a leading project management tool known for its user-friendly interface and task coordination across teams and projects. However, based on our review, it lacks real-time collaboration features, native time tracking, and advanced automation for scaling businesses. Fortunately, many Asana alternatives offer competitive pricing, robust free plans, and tailored features to suit various needs.

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Bessent to meet Senators as he preps for Treasury Secretary vote

Accounting Today

Republicans seek to pass sweeping legislation that renews Trump's 2017 tax overhaul and eliminates taxes on tips, overtime pay and Social Security benefits.

Tax 130
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What Is Recommerce? 2025 Small Business Guide

Fit Small Business

Recommerce offers a promising business model that caters to both budget-friendly shopping and the growing demand for environmentally responsible retail options. This introductory guide will walk you through the essentials of recommerce and explore how it can benefit your business and customers. How Does Recommerce Work? Recommerce entails selling used or pre-owned productsanything from electronics.

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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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Biden defends economic record, says Trump plans threaten growth

Accounting Today

President Joe Biden warned that Republican Donald Trump's plans to extend tax cuts and reshape global trade through tariffs risked reversing economic gains.

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What Is Revenge Spending? Everything Retailers Should Know

Fit Small Business

Revenge spending or revenge buying is the phenomenon wherein consumers spend more money than usual after they are denied spending opportunitiesfor example, as a response to challenging economic situations or collective crises. Consumers could see it as making up for lost time. Because revenge spending drives increased demand for goods and services, understanding this phenomenon.