Sat.Jan 11, 2025 - Fri.Jan 17, 2025

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Introducing ‘Your business supercharged’

Xero

Were excited to unveil our new tagline: Your business supercharged. This is more than just a statement. Its about helping you achieve your business goals. But its also about the journey, the passion and freedom to do what you love. Ultimately, its about helping you unlock your full potential. Time for change Your business supercharged is a reflection of our unwavering commitment to you and the value we hope to provide every day.

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The Key to SMB Success: Leveraging CFO Support Services

Accounting Department

In today's ever-changing business environment, having a solid financial strategy is crucial for achieving success. But what if your small or medium-sized business (SMB) can't afford to hire a full-time financial executive? That's where CFO support services come ina revolutionary solution for SMBs and startups. This blog explores what a CFO support service provider is, the significant value they offer, and why your business might benefit from their expertise.

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The Silent Killer of Small Business Growth: Are You Still Processing Invoices by Hand?

Compleatable

In the fast-paced world of small business, time is money. And yet, many small to medium-sized businesses (SMBs) continue to waste valuable time on manual processes that hinder growth, drain resources, and stunt overall productivity. One of the biggest culprits? Manual invoice processing (AP). You may not realise it, but the outdated practice of manually entering, managing, and paying invoices could be the silent killer of your businesss growth.

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LA fire victims get tax relief

Accounting Today

The IRS has pushed back filing and payment deadlines for those affected by the wildfires to Oct. 15.

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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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4 Reasons to Make an Intuit Sales Career Your New Year’s Resolution

Intuit

It’s a new year and it’s a great time to be in financial technology salesand theres no better place to do it than Intuit. As rapid innovation and growth transform our industry, Intuits longtime leadership in AI puts us at the forefront of this exciting market. Make 2025 the year you join our winning team, and lets see how far we can go together!

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Examples of fixed assets

Accounting Tools

What are Fixed Assets? Fixed assets are items that are expected to provide a benefit to the purchasing organization for more than one reporting period. In addition, these items must have an acquisition cost that is higher than the organizations capitalization limit, which is the threshold below which purchases are automatically charged to expense as incurred.

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The Hard Truth About Client Feedback (And Why Many Firms Avoid It)

Blake Oliver

Why are accounting firms afraid to ask clients what they really think? A report from Inside Public Accounting says that only 27% of firms measure Net Promoter Score (NPS). It also says that our profession's average score is 39% - putting us closer to Fios by Verizon (32%) than Costco (79%). A good NPS score is 50% or higher. However, firms that DO measure NPS consistently score above 70%.

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Understanding W-9 Forms: A Comprehensive Guide

oAppsNet

The W-9 form, officially titled Request for Taxpayer Identification Number and Certification, is crucial for tax compliance and business transactions in the United States. Whether youre a freelancer, contractor, or business owner, understanding its purpose and importance is essential to your financial operations. This guide will walk you through the details of the form, its significance, and best practices for managing it.

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The Questionable Certification Behind IRS Commissioner Nominee Billy Long

Blake Oliver

$4,997 for a three-day seminar - that's all it takes to become a " Certified Tax and Business Advisor " like IRS Commissioner Nominee Billy Long. As we discussed on The Accounting Podcast , this credential comes from a company called Excel Empire. The certification's promotional video isn't even aimed at tax professionalsit's marketed to insurance agents looking to "differentiate themselves from over 1 million other United States insurance agents.

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Lessons from the Bench Shutdown: How to Safeguard Your Business’s Financial Data

Accounting Department

When an accounting service provider unexpectedly closes, businesses may find themselves in a rush to retrieve their financial data and maintain operations. The recent closure of a major accounting platform highlights the essential need for businesses to protect their financial information proactively.

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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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How to turn your New Year’s resolutions into solutions with apps

Xero

Got aspirations for your small business in 2025? The most important part of making New Years resolutions is creating a plan on how you will achieve them and then taking action. Whether you want to grow your business or take a step back and spend less time at work, apps might just be the secret weapon to reaching your goals. This year, turning your business resolutions into solutions might be as simple as connecting a new app to Xero.

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FTC mandates changes at H&R Block

Accounting Today

A Federal Trade Commission order requires the tax prep giant to make it easier for customers to use cheaper options.

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Building a Resilient and Successful Bookkeeping Business

The Successful Bookkeeper

Building a successful bookkeeping business requires resilience, strategy, and a commitment to continuous improvement. Whether you're just starting out or looking to scale your operations, the journey involves both challenges and opportunities. This blog highlights practical strategies and insights to help bookkeepers grow their businesses, serve clients effectively, and achieve long-term success.

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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

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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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From hype to habit: Where AI is headed in 2025

Xero

Remember when the world shifted from paper to computers? Or from desktops to mobile devices? We’re on the cusp of a similar revolution with AI. What once felt like a futuristic, magical tool is quietly weaving itself into our daily lives. In the same way we now wonder how we ever lived without the internet, soon we’ll wonder the same about AI.

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The best and worst states for unemployment insurance taxes

Accounting Today

Every state levies unemployment insurance taxes, but rates vary depending upon such factors as the health of the state's UI trust fund.

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Mastering Cash Flow Management: Essential Accounting Tips

Nolan Accounting Center

Cash flow is frequently described as the lifeblood of business, and positive cash flow is critical to the success of every business. Cash flow management is an especially vital practice for every small business owner. As Nick Chandi, ForwardAI CEO, stated, The more a business owner knows about their cash flow, the more empowered they become. Author Robert Kiyosaki added, Making more money will not solve your problems if cash flow management is your problem.

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The Annual Review

1st Step Accounting

At least once a year, I take a moment to review how our tax season went. There are 3 main things I look at – our process, technology, and average delivery time. After reviewing the 2023 tax year season, I realized there was some work that needed to be done. The data revealed some realities that I did not like, and some lessons emerged from this internal discussion.

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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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Xero wins IDC 2024 SaaS CSAT Award for Finance

Xero

We’re thrilled to share some exciting news! Xero has just been awarded the IDC 2024 SaaS CSAT Award for Finance. Xero placed in the highest scoring group for vendors serving the financial application market. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets.

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Is it time to start your own firm?

Accounting Today

Whether you should hang out your shingle as an accountant depends on the answers to a number of questions.

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How the 2025 Singapore Budget Can Support Small Business Growth

Counto

How the 2025 Singapore Budget Can Support Small Business Growth Running a small business in Singapore is both exciting and challenging. The 2025 Singapore Budget introduces several measures to make your journey smoother, more sustainable, and financially secure. Whether youre looking to embrace digital transformation, adopt sustainable practices, or streamline your accounting services , this years Budget offers targeted support to help small businesses thrive.

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Why JPMorgan is calling employees back to the office 5 days a week

Blake Oliver

Why is JPMorgan calling all employees back to the office five days a week? Here's what they aren't telling employees: JPMorgan has loaned $174 billion to commercial real estate (CRE). That's ~13% of total loans. Meanwhile, the office sector has record-high vacancy rates. Rising interest rates have pushed CRE values down by 24% from their 2022 peaks.

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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 to prevent order discrepancy with automated PO-SO matching

Nanonets

If you run a distribution business, you know the drill: A customer rejects an invoice over a purchase order discrepancy, their payment terms reset, and they sit on your working capital while you pay 9%+ interest. Let’s explore how a mid-sized distributor solved this by scaling their purchase order-sales order verification process before shipping – without adding headcount or disrupting existing workflows.

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Ohio eases CPA licensure

Accounting Today

Ohio Governor Mike DeWine signed into law a bill that provides more flexibility for obtaining a CPA license, effectively eliminating the 150-hour requirement.

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Navigating ACRA’s Compliance Requirements for 2025

Counto

Navigating ACRA’s Compliance Requirements for 2025 As a small business owner in Singapore, ensuring compliance with ACRA’s regulations is crucial for your companys legal standing and company incorporation. As we approach 2025, its essential to understand the latest compliance requirements set by the Accounting and Corporate Regulatory Authority (ACRA).

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The race to reform CPA licensing — which state will be next?

Blake Oliver

The race to reform CPA licensing is ON. And it's moving faster than expected. Scott Wiley, President of the Ohio Society of CPAs, shared some amazing numbers with me: 30+ states plan to file reform bills in 2025. Not more committeesactual legislation. Here are the details What's happening RIGHT NOW: 7 states already have bills filed California (#1 for CPA population) files next month 9 of the 10 largest CPA states are planning bills Together, these states represent 75-80% of ALL US CPAs Who's a

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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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Avoid Common Invoicing Mistakes in Taxation for Global Transactions

Invoicera

“Like mothers, taxes are often misunderstood, but seldom forgotten.” Lord Bramwell. This quote rings especially true when it comes to global invoice taxation. Taxes, while an unavoidable part of business, often leave companies tangled in confusion. A recent 2024 survey of over 1,000 global tax and finance executives revealed that 37% struggle to keep up with rapidly changing tax laws across different countries.

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Guiding clients through the tax implications of a divorce

Accounting Today

The emotionally and financially taxing process of a separation demands careful planning, multifaceted form-filing to the IRS and, probably, an advisor for each spouse.

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Managing Taxes as a Freelancer or Self-Employed

Counto

Managing Taxes as a Freelancer or Self-Employed Managing your taxes as a freelancer or self-employed individual in Singapore might seem daunting at first, but with the right approach, it can be straightforward and manageable. This guide provides a clear and concise overview of what you need to know about handling your tax obligations effectively, leaving you more time to focus on growing your business. 1.

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Work Smarter This Tax Season: Strategies for Remote Accounting Success

accountingfly

For tax accountants, January marks the start of the busiest and most critical time of the year: tax season. Traditionally, this has meant long hours at the office, in-person client meetings, and a flurry of paper files and spreadsheets. But as the accounting profession evolves, so does the way tax season is managed. One of the most significant shifts?

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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.