Accounting
Latest News
Report Says Undocumented Immigrants in U.S. Pay Nearly $100 Billion in Taxes
Emburse and Finexio Partner for B2B Payments
How Generative AI Will Disrupt Accounting
Mid-Market Optimism Hits Pre-Covid Record Highs
‘What a Difference a Year Makes!’: IRS Has Made a Huge Dent in Tax Return Backlog
In her midyear report to Congress, National Taxpayer Advocate Erin Collins shared several IRS improvements this filing season.
The Increased Urgency of a Modern Accounts Receivable Function
By streamlining payment processes, reducing administrative costs and gaining insights through enhanced visibility, businesses can enhance financial stability and liquidity.
The Technology Lab Podcast – Recap of AICPA Engage 2023
Technologists Randy Johnston and Brian Tankersley, CPA, discuss the 2023 AICPA Engage conference. The largest annual event by the AICPA, Engage brings together professionals in all areas of practice for education, networking, and other events.
Retailers Try New Tactic in Fight Against Organized Theft
Partners including Target, Albertsons and Amazon have signed a pledge that "increases information sharing" between law enforcement, retailers that experience theft and online marketplaces.
New Home Construction Surges, Beats Expectations
U.S. housing starts unexpectedly surged in May by the most since 2016 and applications to build increased, suggesting residential construction is on track to help fuel economic growth.
Woodard Appoints Deborah Defer as Director of CAAS Consulting Services
Defer will lead Woodard’s efforts in providing comprehensive assessments, practice strategy/design, and implementation support to top 200 CPA firms in the United States.
Tax, Accounting and Legal Pros are Cautiously Optimistic about Generative AI
Twenty percent of respondents said their firm or company has warned employees against the unauthorized use of generative AI at work.
Confused about IRS Pub 4557 vs FTC Safeguards Rule, and Which Applies to Your Firm?
Practitioners who fall under the ruling may be subject to an investigation by the FTC which could result in steep penalties and fines for not complying - up to $43,000 per day.