Accounting May 8, 2025
Xero and Karbon Partner to Streamline Firm Workflow
Xero has announced integration with Karbon to deliver a solution designed to help accounting professionals save time, simplify workflows and boost productivity.
Accounting May 7, 2025
Half of C-Suite Executives Considering Cuts in Their Function in the Second Quarter of 2025
Half of C-suite executives are considering cuts to their function in the second quarter of 2025 in anticipation of continued disruption of supply chains, decreased consumer demand, and inflation.
Accounting May 7, 2025
Finance Teams Cautiously Embrace AI and Rethink ROI
A new report shows that, while 66% of organizations have invested in AI, many are still determining how to measure its value.
Small Business May 6, 2025
Report Reveals Consumers Have ‘Blind Spot’ For Small Businesses
While most people feel personally and emotionally connected to the small businesses that shape their communities, the vast majority misjudge the scale of SMBs and their value to the economy.
Taxes May 6, 2025
AICPA Submits Recommendations for Updated Instructions to Form 8971, Information Regarding Beneficiaries Acquiring Property from a Decedent
Form 8971 is an important tax form for estates required to file a federal estate tax return. Executors file this form to report the final estate tax value of property distributed or to be distributed from the estate.
Accounting May 6, 2025
Nearly Two-Thirds of Finance Leaders Adopt More Cautious Cash Management Practices Amid Economic Turbulence
As these dynamics shift, nearly two-thirds (63%) of financial leaders have adopted more cautious cash management practices.
Small Business May 6, 2025
ADP Celebrates National Small Business Week with Advice from Nearly 18,000 Small Business Owners
From the rapid rise of new technologies like generative AI to changing employee expectations and a shifting compliance landscape, small businesses continue to seek opportunities to thrive amid an ever-changing environment.
Accounting May 6, 2025
Vertex Study: e-Invoicing Benefits Exceed Challenges for 80% of North American Businesses
Organizations are experiencing efficiency gains (59%), improved compliance and transparency (55%), and cost savings (55%) following e-Invoicing adoption.
Accounting May 6, 2025
BKR and Suralink Announce Global Strategic Partnership
BKR International has formed a new global strategic partnership with Suralink, the market leader in request list and document management for professional services firms.
CAS May 5, 2025
Adaptive Launches Industry-Specific AI to Help Accounting Firms Scale Construction Services Without Adding Headcount
Adaptive, an automation platform for construction accounting, has launched its next-generation solution designed specifically for accounting firms to grow their construction verticals.
Payroll May 4, 2025
Global Pension Assets Hit Record $58.5 Trillion
Global pensions assets rose by 4.9% year on year in 2024, reaching a record $58.5 trillion, led by growth in the largest defined contribution (DC) markets, according to the latest Global Pension Assets Study from WTW’s Thinking Ahead Institute.
Financial Reporting May 1, 2025
KPMG Launches AI-Powered Tariff Modeler
With the KPMG tariff modeler, companies can enhance their preparedness for trade disruption, potentially minimize financial impacts, and maintain strategic focus despite policy uncertainty.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
