Sat.May 10, 2025 - Fri.May 16, 2025

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5 Signs It’s Time to Outsource Your Business Accounting

Accounting Department

Running a business means wearing many hats, but as your company grows, certain tasks become too difficult to manage in-house. One of the most challenging areas for growing businesses is accounting. Between compliance, financial reporting, and keeping the books clean, managing finances in-house can quickly shift from practical to overwhelming.

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Financial advisors are divided over this RMD tax strategy

Accounting Today

A little-known feature of RMD tax withholdings could help minimize a client's effective tax burden. Not all financial advisors are on board with the strategy.

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Dynamics GP Reconcile to GL - Save Time at Month-End in Accounts Payable

Fidesic blog

Did you know Microsoft Dynamics GP includes a powerful feature that can significantly reduce the time and effort required to reconcile your Accounts Payable subledger with your General Ledger? In this post we will tell you about Great Plains' Reconcile to GL tool, how to use it and the how it helps AP teams reduce month-end stress.

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How To Grow Your Bookkeeping Firm with Confidence & Efficiency

The Successful Bookkeeper

Success in bookkeeping isnt just about knowing the numbersits about confidence, efficiency, and a clear strategy for growth. Many bookkeepers struggle to take their business to the next level because they lack structured systems, effective marketing, or a long-term vision. To build a thriving bookkeeping firm, you need to focus on four key areas.

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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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Master Financial Success: Strategic Planning for SMB Growth

Accounting Department

Running a small to medium-sized business (SMB) comes with its own set of challenges and rewards. One of the most pivotal aspects of ensuring your business's success is strategic financial planning. While it might seem daunting, mastering this process can propel your business growth and profitability to new heights. This blog post will walk you through the critical steps in strategic financial planning tailored specifically for SMB owners.

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Helping clients pick the right business structure

Accounting Today

Accountants and tax professionals need to be ready to help their clients choose the right type of business entity.

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7 Signs Your Charity’s Finance Processes Are Already Ahead

Compleatable

If your charity is already running a tight ship when it comes to finance, you’re likely seeing the benefits in saved time, reduced stress, and better strategic outcomes. Many organisations are still catching up, so if you spot these signs in your own processes, it’s a clear indicator that you’re ahead of the curve. 1) You Have a Real-Time View of Spend Against Budgets If you can instantly see how each department is tracking against its budget, you’re not just in control

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What does outsourced accounting look like for e-commerce businesses?

Outsourced Bookeeping

Managing the finances effectively is important for the growth and success of any e-commerce business. When company grows, finance management becomes complicated. E-commerce outsourced accounting helps in saving overhead costs, enhances accuracy, and also offers specialized proficiency which allows you to focus on your core business processes. If you are also an e-commerce company struggling with your accounts, then this blog is for you.

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AI will replace (some) accountants using AI: crossing the junior associate chasm

Accounting Today

What will be the role of the junior associate once AI takes over all the simple tasks that generate the experience needed for more complex ones?

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The 2025 Tax Practitioner Hiring Crisis

Insightful Accountant

The tax profession faces unprecedented recruiting challenges in 2025. As specialized tax expertise becomes increasingly valuable amid evolving legislation, firms struggle with a diminishing pipeline of qualified candidates.

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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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Why Paying Your Estimated Taxes Matters – A Crucial Guide for Small Business Owners in Murrieta, Temecula, Wildomar, Menifee, and Beyond

Stephanie Peterson

As a solo business owner in beautiful Southern California, managing your cash flow, keeping up with clients, and staying on top of your books is already a full-time job. But one responsibility that often gets overlooked, and can cause major headaches down the road, is paying your estimated taxes.

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The 8 Best AI-Powered Credit Management Solutions of 2025

Gaviti

Effective credit management has always been essential to business success, but as the world evolves, traditional approaches are giving way to technological approaches. Today, artificial intelligence (AI) has become a transformative force, reshaping how businesses handle credit management. AI-driven solutions not only streamline credit processes but significantly reduce risks, create more objective decision making and enhance overall financial health.

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Tax Fraud Blotter: 20 grand a return

Accounting Today

Playing defense; shocking stuff; to the cleaners; and other highlights of recent tax cases.

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Avoid These Costly, Yet Common Small Business Bookkeeping Mistakes

Remote Quality Bookkeeping

Small businesses are the backbone of the U.S. economy. As of 2024, there are approximately 34.8 million small businesses nationwide, making up 99.9% of all U.S. businesses and employing nearly half of the private workforce [1]. But running a small business is no small feat. Owners often juggle every role, from customer service to CEO. And while it may feel manageable at first, handling small business bookkeeping without the right system or experience can quickly lead to costly missteps.

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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 Billion Dollar Accounting CEO w/ Alan Whitman

Jetpack Workflow

Podcast Episode Round-Up In this episode of the Growing Your Firm podcast, host David Cristello welcomes Alan Whitman, the former CEO and chairman of Baker Tilly. Alan shares his remarkable journey of transforming Baker Tilly from a $475 million firm to a $1.5 billion powerhouse. Throughout the conversation, Alan describes how businesses can thrive largely by prioritizing strategy over aimless accumulation.

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VDI for Accounting Firms: What to Know and Why It Matters

Ace Cloud Hosting

The accounting industry has long been known for its relentless work ethic. With the evolution of the global business landscape, companies now dont look at accountants as just number crunchers.

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NJCPA backs additional path to CPA licensure

Accounting Today

The New Jersey Society of CPAs is proposing an additional pathway to obtain CPA licensure, supporting a bill that would modify New Jersey's Accountancy Act.

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How Outsourced Bookkeeping Can Help You Stay Ahead of Trade Tariff Changes

Outsourced Bookeeping

The 2025 trade environment has presented business owners with a fresh wave of challenges, particularly due to evolving import tariffs and stricter customs regulations. With trade tariff changes now influencing everything from product pricing to inventory costs, accurate and adaptable financial management is no longer optional – its essential. In this dynamic scenario, outsourced bookkeeping has emerged as a valuable resource for helping businesses respond effectively to global trade shifts

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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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Share Transfer vs. Share Allotment in Singapore: What Every Business Owner Should Know

Counto

Share Transfer vs. Share Allotment in Singapore: What Every Business Owner Should Know As a small business owner in Singapore, there may come a point where you want to bring in a new shareholder or adjust existing ownership among current investors. But the way you go about it makes a legal, financial, and even accounting services -related difference.

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IRS High-Income Nonfiler Sweeps: What Tax Practitioners Need to Know

Insightful Accountant

A recent Treasury Inspector General for Tax Administration report reveals that IRS "sweeps" targeting high-income nonfilers have proven remarkably effective.

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Improper payment rate still too high at IRS

Accounting Today

The Internal Revenue Service has not yet satisfied the goal of the Payment Integrity Information Act to reduce improper payment rates to less than 10%.

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How To Optimize Average Collection Period and A/R With Automation

Gaviti

Average collection period refers to the amount of time it takes your business to receive payments from clients. Its a metric commonly used to get a snapshot of cash flow on hand and how effective the companys collection process is overall. Lets review why this metric is important, how to calculate average collection period , and how modern tools like automation can take the hard parts off your shoulders.

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How To Overcome Change Fatigue In Finance With Neuroscience-Backed Strategies

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 Handle Income Tax as a Sole Proprietor in Singapore

Counto

How to Handle Income Tax as a Sole Proprietor in Singapore As a small business owner operating as a sole proprietor in Singapore, handling your income tax effectively is part of keeping your business financially sound. While the sole proprietorship model is straightforward, it still demands discipline in tracking income, categorising expenses, and keeping accurate records all of which fall under solid accounting practices.

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Leveraging Automation for the Digital Generation with Blake Sanford

AvidXchange

Adopting new technology quickly is the name of the game in fintech, but not everyone in your organization including your customers will be on board at first. In this episode, Michael Praeger sits down with Blake Sanford , VP of Association and Strategic Partners at Property Management, Inc. (PMI) , to discuss how h e s led PMIs franchise owners through technology advancements.

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Accounting becomes gateway to entrepreneurship

Accounting Today

A report by the Association of Chartered Certified Accountants found 54% of North American respondents say they have career ambitions to be entrepreneurs.

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Accounting's Uncomfortable Truth: We've Institutionalized Dishonesty

Blake Oliver

I joined Devon Coombs on his "Ambition, Aligned" podcast for what might be my most candid conversation yet about the accounting profession's biggest problems. The title says it all: "We're All Lying." Because we are. Every firm that bills by the hour knows staff routinely eat time to meet impossible deadlines. Every manager who's signed off on a rushed audit knows corners were cut.

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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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Be Insightful: Elevating Accounting Professionals Through Education and Innovation

Insightful Accountant

The Be Insightful Member program supports ProAdvisors & accountants with expert-led training, webinars, and networking. Gain CPE credits, industry insights, and tools to enhance your practice. Flexible plans ensure professionals stay ahead. Join now!

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The Critical Feature of a Systematized Firm: Predictability

Future Firm

Predictability is key if you want to systematize your firm. Here are a few practical tips I used back when I was running mine. The post The Critical Feature of a Systematized Firm: Predictability appeared first on Future Firm.

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Armanino expands into Utah

Accounting Today

Top 25 Firm Armanino has added Salt Lake City-based Cooper Savas.

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How to Build a Future-Proof IT Infrastructure with Cloud Services and Managed IT Solutions

Ace Cloud Hosting

Businesses need improved IT systems and infrastructure, as traditional in-house servers and fixed setups cant keep up with rapid digital and technological advancements. A better choice is Cloud-based Managed IT.

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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.