Tue.Mar 11, 2025

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We heard you: Making payroll more affordable for Australian small businesses

Xero

Last year we introduced a new line up of plans for our Australian customers to simplify our offering and make it easier to choose the right plan. As part of this, we made some changes to how payroll was included in our plans. Since then, we’ve heard from you, our community, that we didn’t quite get it right for everyone particularly those with a few employees, or small business owners who need to pay themselves.

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How much tax do you pay in a lifetime?

Accounting Today

The total lifetime tax amount in the highest-paying state is $755,493.

Tax 323
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6 Steps to Winning as a Finance Leader in 2025

Compleatable

The role of finance leader is evolving rapidly in 2025, driven by advancements in technology, regulatory shifts, and changing business expectations. To stay ahead, finance professionals must adopt new strategies, embrace automation, and enhance their decision-making capabilities. Here are six essential steps to thriving as a finance leader in 2025. 1.

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New bill calls for tax preparer regulation

Accounting Today

Rep. Steve Cohen has re-introduced a bill that would give the IRS the authority to set and enforce standards for tax pros.

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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.

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Top 7 Credit Risk Management Tools in 2025

Gaviti

In the realm of B2B transactions, it’s easy to assume that securing a sale signifies the culmination of your efforts. However, the real challenge lies in ensuring that the customer fulfills their payment obligations. Without proper credit assessments and checks, businesses expose themselves to significant financial risks, including cash flow disruptions and potential bad debts.

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Digits announces Autonomous General Ledger

Accounting Today

Accounting automation solutions provider Digits released its Autonomous Digital Ledger solution, intended to directly challenge competitors such as QuickBooks.

More Trending

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Internal audit staffs and budgets rise

Accounting Today

Internal auditors are taking on more responsibilities, leveraging generative AI for tasks such as audit planning and reporting, says a new IIA report

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What Is SWIFT? A Guide to Global Bank Transfers

Tipalti

SWIFT (Society for Worldwide Interbank Financial Telecommunications) is a global member-owned cooperative that functions as a huge messaging system.

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PCAOB sanctions KPMG network firms in 9 countries

Accounting Today

The Public Company Accounting Oversight Board imposed $3.375 million in fines on KPMG firms in Australia, Brazil, Canada, Israel, Italy, Mexico, South Korea, Switzerland and the U.K.

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QuickBooks Desktop Enterprise: Step-by-Step through the Item Profitability Report

Insightful Accountant

Murph takes you step-by-step through the Item Profitability Report found only in QuickBooks Desktop Enterprise v24 R13 (and above).

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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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How AI-X firms will redefine accounting

Accounting Today

Excellence in artificial intelligence is going to be a key differentiator for accounting firms in the near future.

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The Future of Tax Accounting: Will Hill on Productivity & Firm Growth

Insightful Accountant

In this episode of the Accounting Insiders Podcast, host Gary DeHart sits down with tax accounting expert Will Hill, who brings 24 years of experience in optimizing accounting firm operations.

Tax 52
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QuickBooks announces Recurring Payments

Accounting Today

QuickBooks announced a new Recurring Payments feature to enhance invoicing management for small- and mid-market businesses.

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Keys to Successfully Adopting an Integrated Risk Strategy

Oversight

Connecting finance teams through a spend monitoring platform enhances risk monitoring, prevents financial loss, and drives operational efficiency.

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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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In the blogs: Nothing doing

Accounting Today

Familiar fears for firms; 10 reminders for the season; new blog on the block; and other highlights from our favorite tax bloggers.

Tax 130
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Account Reconciliation: Types, Processes, and Common Pitfalls​

Tipalti

What is account reconciliation, and how do you most effectively implement it in your business? Explore step-by-step processes and best practices.

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How AI will change lease accounting and auditing

Accounting Today

AI is transforming the way businesses manage their lease portfolios, bringing automation, accuracy and strategic insights to lease accounting and auditing.

Auditing 130
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The Future of Accounting: How Automation is Transforming Finance

Tipalti

Having an automated accounting system is now considered a must-have for larger companies that deal with thousands of transactions a day, but its a relatively well-kept secret when it comes to smaller and medium-sized businesses.

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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

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Fighting systemic racism with estate planning — one client at a time

Accounting Today

The authors of a new study explaining the specific significance of trusts for building Black wealth used the analogy of a beach filled with starfish.

Tax 130
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List Cost in Action: Why Public Cloud Pricing is a Game Changer

finout

Written by Hadas (Avni) Massad, Finout Product Manager What is List Cost? List Cost is the public pricing or retail price published by cloud providers (for example, the on-demand price in AWS). Its the sticker price before any discounts, commitments, or private pricing agreements. Its the cost that any organization would pay if they had no special agreements in place.

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DOGE set to hamstring IRS

Accounting Today

With tax season in full swing, the Internal Revenue Service is being severely hampered by cutting staff.

Tax 321
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Order Management Data Entry Automation: Streamlining Efficiency with AI

oAppsNet

In the fast-paced world of modern business, seamless order management is critical to ensuring customer satisfaction and operational efficiency. Yet, for many enterprises, data entry remains one of the most cumbersome and error-prone aspects of the order management process. With the growing demand for speed, accuracy, and cost-effectiveness, businesses are turning to data entry automation to optimize their order management processes.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Tariff worries pressure Trump to speed up tax cuts

Accounting Today

Tax cuts could help soften the tariffs' impact on the economy, and allies would ideally like to pass a bill by July though there are plenty of hurdles.

Tax 223
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IRS to Lay Off 50%, How Trump's Tariffs Are Working

Cloud Accounting Podcast

How does a profession revitalize itself when salaries haven't budged since 2007? In this episode, Blake and David examine the shocking reality that Big Four audit associates in Chicago earn the same salary range today as they did nearly two decades ago. They also explore why accounting's value proposition has stagnated in a world where financial statements fail to capture what truly matters to modern investors, and you'll hear their take on the IRS's plan to cut 50% of its workforce, Social Secu

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