Everything about more efficient bookkeeping and workflows.
Thinking of transitioning your side hustle into a full-time career? This article explores eight crucial questions to help you assess your readiness and plan for a successful leap into full-time self-employment.
This article explains what a tax advisor does and how they can significantly benefit your small business. Learn when to hire one, typical costs, and how to choose the best professional for your unique needs.
Workers' compensation insurance is a crucial requirement for most businesses with employees, designed to protect both your team and your finances. This guide offers essential insights into what it covers, state-specific requirements, potential penalties, and how to manage costs effectively.
This article details the official IRS mileage rates for 2024 and 2025, explaining who qualifies and the two methods for calculating your deduction. Learn how to choose between the standard mileage rate and the actual expense method to optimize your business's tax savings.
Navigate the complexities of Generally Accepted Accounting Principles with this in-depth guide. Gain essential insights into core principles, critical applications, and how to stay current with evolving GAAP standards.
Your definitive to secure a UK government grant for your small business. This guide deconstructs the process into a strategic playbook, synthesising best practices from leading funding bodies and advisors to maximise the chances of success.
This article outlines the crucial accounting and bookkeeping practices every startup founder needs to master for financial stability. Learn how to manage your finances effectively to secure funding, make informed decisions, and set your business up for sustainable growth.
Choosing the right business bank account can be challenging for small business owners. This comprehensive guide reviews eight top online and traditional options, helping you find the perfect fit for your company's unique needs.
Our white paper synthesizes industry data to measure the true cost of these traditional methods and maps the technological evolution toward a more efficient, intelligent future.
Global payroll surveys reveal the sector's rising complexity, from compliance to employee expectations, and highlight how modernization and strategic planning are shaping the next era for payroll professionals.
As Millennials and Gen Z shape the future of accounting, understanding their values and work preferences is essential for firms seeking long-term success.
Explore how SAP’s Clean Core philosophy streamlines finance management and compliance, with insights on principles, automation, and best practices for long-term system health.
Explore how software-as-a-service (SaaS) is reshaping how organizations access, manage, and scale their software, with an eye on the financial sector. This article breaks down SaaS fundamentals, discusses its pros and cons, and examines pivotal market trends.
Explore how Critical Audit Matters (CAMs) are reshaping audit reports to increase transparency and deliver meaningful value to investors, along with ways to improve CAM disclosures and recognize excellence in reporting.
Wage overpayments are surprisingly common, and missteps in recovering them can expose employers to legal risk and workplace disruption. Learn how variations in state law, payroll processes, and employee relations all play a role in getting this right.
A comprehensive, easy-to-scan guide to tariffs: what they are, how they function in today's economy, who really pays them, and actionable advice for tax professionals serving business clients.
The accounting industry is rapidly changing, pushing firms to rethink their service offerings. Learn how automating compliance tasks can empower your firm to transition into lucrative advisory services and boost overall profitability.
As we move further into 2025, bookkeeping automation is no longer a futuristic concept—it's a present-day reality that is transforming the financial landscape for small businesses.
Many organizations unknowingly face compliance, financial, and strategic risks due to data gaps in their indirect tax process. Learn how to identify these blind spots, understand their consequences, and leverage modern solutions for more proactive tax management.
Explore practical strategies for integrating GenAI in tax and accounting. Learn how firms can address adoption challenges and build efficiency, accuracy, and trust with AI-powered tools.
This article explores and demystifies key claims made by Tariq Fancy on ESG investing, emphasizing the transformative role of fintech, rich data, new regulations, and broad stakeholder engagement in shaping a more sustainable financial future.
This comprehensive guide details Medicare tax obligations for individuals and businesses, including tax rates and payment methods. Learn about standard contributions, additional surtaxes for high earners, and how self-employed individuals pay their share.
Instead of searching for one imperfect tool to rule them all, savvy leaders are building a "finance stack."
A thriving audit team begins with a positive firm culture. Learn how values, leadership, flexibility, and transparency nurture audit excellence, staff retention, and client trust.
Explore the most critical threats to employee data security, learn how to respond to breaches, and discover practical steps to mitigate risks and comply with state regulations.
Explore how fintech CIOs are bridging business and technology, driving innovation, and reshaping leadership in a rapidly changing environment. Insights from industry leaders and key studies reveal the path, skills, and challenges that define the modern CIO.
Discover effective strategies to create a robust culture of knowledge sharing in your firm—from process documentation to fostering open communication—so that client service and internal growth flourish together.
A concise primer for accountants on key cryptocurrency terms, popular digital currencies, and the basics necessary to guide clients in the evolving world of virtual assets. This article also offers tips on progressing cryptocurrency expertise in a professional accounting setting.
Discover how automation, technology, and strategic service diversification are empowering accounting firms to achieve consistent, year-round income—and why stability is more important than ever.
Learn simple, proven auditing habits that help small business owners detect errors and stay in control of their finances—no extra staff or stress involved.
This article explains how small accounting firms can deliver big value through strategic partnerships, active client management, and technology integration without increasing headcount. Learn how to maximize services and client trust by elevating your role from referral source to central advisor.
Starting tax season early with e-filing enables accountants to avoid deadline chaos, lower error rates, and deliver better service through enhanced security, faster refunds, and more advisory opportunities.
This article explores the pervasive issue of burnout among tax and accounting professionals, especially during the busy tax season. It offers actionable strategies to prevent, manage, and recover from burnout, ensuring a more sustainable and productive career.
It's time to dissect the anatomy of accuracy and explore why striving for near-perfection is the new strategic imperative.
A comprehensive guide to IRS foreign asset reporting, including which assets require disclosure, Form 8938 thresholds, FATCA implications, and how accountants can support clients with global investments.
This article explains how small business automation can simplify workflows and free up valuable time. Discover 30 practical areas you can automate today to reduce admin and boost your bottom line.
Explore why strict adherence to GAAP is vital for clear, trustworthy financial statements, recognize common pitfalls, and find actionable steps to avoid violations in your practice.
Unlock the full capability of your AI research assistant for tax and accounting professionals using the CREATE method—a six-part strategy for crafting clear, targeted prompts that improve research accuracy and efficiency.
Learn strategic budgeting for successful ERP implementations, covering critical aspects from initial cost estimation to maximizing long-term return on investment. This guide helps finance leaders navigate the complexities of ERP projects, ensuring they stay on track and deliver measurable value.
Discover if your small business can deduct tax preparation fees as a valuable business expense. This article clarifies eligibility, outlines specific deductible costs, and provides insights for optimizing your tax savings.
Explore how agentic AI is transforming the landscape for accountants and auditors, from complex automation to new roles in compliance, analysis, and client service.
Discover how adopting a clean core philosophy in SAP systems drives better tax compliance, financial data management, and operational efficiency, including practical strategies and integration insights relevant to accounting professionals.
Check 17 significant tax deductions designed to help small business owners reduce their taxable income. Learn how proper bookkeeping can ensure you capture every eligible write-off and unlock substantial savings at tax time.
Explore when employer-provided uniforms can be excluded from taxable income under special tax rules, and understand why company logos and usage policies do not always impact taxability.
Discover key tax considerations for charitable donations, including deduction limits and reporting on Schedule A. Equip yourself with strategies to help clients optimize their philanthropic impact and tax savings.
Explore essential considerations—from assessing firm culture to valuing diversity—when hiring accountants who can strengthen your team and elevate your services.
An in-depth look at tariffs introduced under President Trump, their economic implications, and key takeaways for accounting professionals navigating these changes.
Explore which entities are impacted by the updated Schedules K-2 and K-3 reporting requirements, learn about the origins of these changes, get details on penalty relief and the good faith effort standard for 2021 filings, and discover professional resources for compliance.
Explore the roots, structure, and responsibilities of private foundations, including a detailed look at IRS Form 990-PF and how these entities differ from public charities.
Discover how small business grants can boost your company's growth without the burden of repayment. This guide offers a comprehensive list of available grants and expert tips on how to successfully apply and win funding.
This article demystifies payroll deductions, explaining mandatory and voluntary types, and providing a step-by-step calculation guide. It also highlights common payroll mistakes employers make and how to avoid them, ensuring compliance and peace of mind.
This article outlines a comprehensive, step-by-step approach for anyone looking to launch their own consulting business. It covers everything from defining your expertise and researching the market to handling legal structures, financial setup, and essential tools for success.
This article explores how businesses can utilize depreciation to strategically reduce taxable income and maximize deductions, covering accelerated depreciation, S corporation impacts, and the latest alternative minimum tax guidance.
Navigating mileage tracking for business expenses can be complex, but the right app simplifies everything. This guide reviews the top options, helping you pick the perfect tool to maximize your tax deductions effortlessly.
This is not just about bookkeeping; it's about compliance. A mistake on a cross-border invoice can lead to tax liabilities, audits, and fines.
Explore how CTOs can revolutionize tax functions by embracing digital transformation and meeting complex compliance challenges in a rapidly evolving global landscape.