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Featured….
AP Automation Company Stampli Nets $61M in VC Funding
AI Unchained: Botkeeper Announces New Direction
Client Relationships 2.0: Enhancing Trust with Expanded Offerings
Public Accounting Starting Salaries Expected to Increase Nearly 4% in 2024
Contributors….
Becky Livingston
Garrett Wagner
Richard D. Alaniz
Randy Johnston
Webinars….
Webinar: Source Doc Gathering, Delivery & E-Sign Issues
Webinar: Guide to Data Security, Compliance, & Outsourcing for Accounting Firms
Events….
Accounting
Association for Accounting Marketing to Hold Virtual Conference Oct. 4
Emerge allows accounting growth professionals to network and collaborate with AAM’s chain of marketing, business development, and growth strategists.
Webcast: Sept. 27: Proactive Tips to Future-Proof Your Firm with Automation, AI, and CAS
“Future proofing” has been a ubiquitous post-pandemic buzzword. But how can you actually set your firm up for success? The answer is two-fold: automation/AI and client advisory services (CAS).
Public Accounting Starting Salaries Expected to Increase Nearly 4% in 2024
In its latest salary guide, Robert Half provides projected 2024 starting pay for eight positions: four in tax and four in audit.
AI Systems Take Center Stage in 2023 Innovation Awards
The Innovation Awards are presented to honor new or recently enhanced technologies that benefit tax and accounting professionals and their clients through improved workflow and efficiencies, increased accessibility, enhanced collaboration, greater accuracy, or other means.
![Stampli-blog-1024x536[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/35487/Stampli_blog_1024x536_1_.5db9c76e49918-768x402.png)
AP Automation Company Stampli Nets $61M in VC Funding
This latest funding round takes the total amount raised by the company to over $148 million.
![Botkeeper[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/03/Botkeeper_1_.62337a526ecf8.png)
AI Unchained: Botkeeper Announces New Direction
A software company’s conference is rarely complete without some announcements of improvements in the product, and Botkeeper did not fail to deliver on that front.
Client Relationships 2.0: Enhancing Trust with Expanded Offerings
Prioritizing communication, building a client-centric culture and gathering feedback will help you strengthen that trust while meeting your client’s needs and adding value.
Public Accounting Starting Salaries Expected to Increase Nearly 4% in 2024
In its latest salary guide, Robert Half provides projected 2024 starting pay for eight positions: four in tax and four in audit.
Lawmakers Urge the IRS to Crack Down on ‘Wealthy Tax Cheats’
IRS data from 2017 to 2020 reveal that 1.4 million wealthy individuals failed to file federal tax returns—about $65.7 billion in unpaid taxes.
Hundreds of Illinois CPAs Participate in Annual Day of Service
Hundreds of certified public accountants across Illinois participated in the Illinois CPA Society’s 14th annual CPA Day of Service on Sept. 23, 2023, with others still planning activities later this fall.
AI Stats and Trends for Small Business Marketing
The small businesses who are currently using tools powered by AI overwhelmingly agree that it is making their businesses more successful. They are working more efficiently, saving money, improving customer experiences, and growing quicker.
Association for Accounting Marketing to Hold Virtual Conference Oct. 4
Emerge allows accounting growth professionals to network and collaborate with AAM’s chain of marketing, business development, and growth strategists.
Public Accounting Salaries Expected to Rise 4.9% in 2024
LHH Recruitment Solutions included pay projections for 11 roles, including partner, in its 2024 salary guide.
Massachusetts CPA Firm Venning Set to Become Largest Minority Owned Firm in U.S.
The firm merged with Agawam, Massachusetts-based accounting firm, Corbin & Tapases on September 27. The staff and clients of Corbin will join under the new Venning brand.
Student Loan Payments Resume for Millions of Americans
Individuals with federal student loans must begin planning to start repaying these debts for the first time in more than three years.
Sikich Acquires Technology Firm Four Leaf LLC
Four Leaf leverages modern Software as a Service and Platform as a Service solutions to help government entities maximize scalability and extensibility for their mission critical systems.
Many Finance and Accounting Workers Are Optimistic About the Job Market — Here’s How CPA Firms Can Respond
The inability to find professionals who meet critical job requirements is likely to become more problematic for firms that want to expand their teams in the months ahead.
Three Complex Tax Issues Businesses are Facing Now
There are a myriad of challenges and changes in the tax codes affecting their business clients each tax season.
What You Need to Know About Taylor Swift Tickets and a New IRS Rule
Here’s what you need to know about how reselling concert tickets (not just those for Swift’s Eras Tour) might impact your tax bill.
Louisiana Tax Relief Granted by IRS After Seawater Intrusion
The agency has granted Louisiana tax relief to affected taxpayers following seawater intrusion of the Mississippi River.
IRS Adds Features to Tax Pro Account for Managing Client Authorizations
New additions to Tax Pro Account, available through IRS.gov, will help practitioners manage their active client authorizations on file with the Centralized Authorization File (CAF) database.
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Oct. 16, 2023, is Deadline for Millions Who Filed Tax Extensions; But Many Get More Time Due to Disasters
For 2023, however, many taxpayers who had received an extension to file, also later faced various forms of natural disasters for which the IRS has granted additional time to file.
Social Media Impulse Buying Reaches $71 Billion in Last Year
Social media appears to be having a significant influence on consumer spending, as a new Bankrate report reveals that Americans spent $71 billion on impulse purchases of products they saw on a social media platform in the past year, with the average impulse buyer spending $754.
Retail Theft Totaled $112 Billion in 2022, Says NRF
Retailers reported that organized retail crime remains a significant concern due to heightened levels of violence. More than two-thirds (67%) of respondents said they were seeing even more violence …
House and Senate Pass Last-Minute Bill to Avoid Government Shutdown
The Senate overwhelmingly passed bipartisan legislation Saturday to avoid a disruptive U.S. government shutdown, sending the bill to President Joe Biden for his expected signature just hours before a midnight deadline.
Government Shutdown Likely Averted with Last-Minute Temporary Spending Deal in House
The latest House stopgap bill passed with the support of 126 Republicans, while 90 GOP lawmakers voted “no.” Only one Democrat, Rep. Mike Quigley, D-Ill., opposed it, over the omission of Ukraine aid.
Consumer Confidence Falls to a Four-Month Low in September
Dampened by a deteriorating outlook for the economy and labor market, consumer confidence dropped to its lowest since May.
Halloween Shopping Expected to Top $12.2 Billion; The Top Costumes for 2023
The top ways consumers are planning to celebrate are handing out candy (68%), decorating their home or yard (53%) or dressing in costume (50%).
Gen Z Employees Aren’t Checked Out at Work, They’re Hungry for Mentorship
A recent survey of young workers found that many are not getting the mentorship they crave and the training they need.
Pop Singer Shakira Charged with Tax Evasion for Second Time
Spanish prosecutors claim she failed to pay $7.1 million in taxes in 2018 and is using an offshore company to avoid paying taxes.
IRS’s Government Shutdown Plans Include Furloughs and Few Services
Contingency plan calls for the IRS to furlough two-thirds of its workforce and press pause on most core tax administration functions.
The Technology Lab Podcast – Rapid Close Tools – Sept. 2023
Technologists Randy Johnston and Brian Tankersley, CPA, talk about the latest advances in rapid close / financial close software.
Accounting Association CPAmerica adds Paro as Preferred Provider
This new partnership provides member firms access to Paro’s growth platform, bringing together a community of expert talent and businesses to navigate your immediate challenges and architect a plan for your long-term success.
CohnReznick, BDO USA Among the Most Loved Workplaces in America
The third annual ranking from Newsweek recognizes 100 companies that have fostered employee-centric workplaces.
AICPA Asks IRS to Release Contingency Plan in Case of Government Shutdown
The letter goes on to express concern that an October shutdown of the government will likely impact the timely processing of extended 2022 tax returns due by Oct 16, 2023.
From Solo to Squad: Building a Team-Based Firm for Success
Many accountants begin as solopreneurs but eventually want a reliable team. So, how can you make this transition smoothly without overwhelming yourself or your clients?