Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
Accounting Standards December 3, 2024
FASB Targets Credit Losses for Accounts Receivable, Contract Assets in Proposed ASU
The proposal addresses challenges with applying CECL to current AR and contract assets arising from revenue transactions.
Taxes December 3, 2024
IRS Tool Can Help You Estimate If Your Tax Withholdings Are Enough
The IRS Tax Withholding Estimator can help taxpayers make sure the correct amount of tax is withheld from their paychecks.
Small Business December 3, 2024
Sage Intacct Adds AI Enhancements and Features
The generative AI tool will support customers with actionable insights and intuitive support to help drive productivity and growth.
Accounting December 3, 2024
IRIS Software Group Acquires Dext
Together, both companies will cover the entire end-to-end accountancy workflow, from data entry and processing to compliance, reporting and advisory services.
Small Business December 2, 2024
In-Kind Donations Can Help Retail Clients Solve Unwanted Returns and Inventory
The resulting tax break may be quite handsome, and it may even be more financially beneficial than reselling the merchandise at a cut-rate price. It’s known as product philanthropy or also as making an in-kind donation.
Accounting December 2, 2024
AICPA News – December 2024
AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants.
Taxes November 26, 2024
IRS Will Phase in $600 1099-K Reporting Threshold in 2026
The agency on Nov. 26 set the reporting threshold at $5,000 for 2024, $2,500 in 2025, and $600 for 2026 and thereafter.
Accounting November 26, 2024
Review of HubSync – The Accounting Technology Lab Podcast – Nov. 2024
Brian Tankersley, CPA, and Randy Johnston review HubSync, an all-in-one, modern client platform which automates the tax return and other key processes and provides a single gateway to drive “Best-in-Class” collaboration between professionals and their clients.
Accounting Standards November 26, 2024
FASB Issues Standard on Induced Conversions of Convertible Debt Instruments
The amendments in the ASU clarify requirements for determining whether certain settlements of convertible debt instruments, including convertible debt instruments with ...
Payroll November 26, 2024
Deloitte Predicts Record-High Black Friday and Cyber Monday Spending
Even as consumers plan to spend more, getting more bang for their buck appears to be their top shopping strategy, Deloitte says.
IRS November 25, 2024
IRS to Host Virtual Focus Groups on the Business Tax Account Online Tool
The virtual focus groups, which will be held next month, are a way for the agency to gather feedback on the online self-service tool.
Accounting Standards November 25, 2024
GASB Proposes Guidance on Subsequent Events
The proposal defines subsequent events and provides note disclosure requirements in order to reduce diversity in practice.