Accounting January 14, 2025
Report Highlights Key Trends in Tax and Accounting for 2025
Led by AI adoption, digital transformation, and a shift toward advisory services, firms are positioning themselves for sustainable growth.
Isaac M. O'Bannon is the managing editor and digital content manager for CPA Practice Advisor (www.CPAPracticeAdvisor.com), drawing on two decades of experience covering the areas of professional accounting, taxation, business productivity and consumer technologies.
Prior to CPA Practice Advisor, O'Bannon was a consultant at firms in San Francisco, Denver and Tulsa, serving clients that included Logitech, Polycom, Hilti, Microsoft, the Stanford Research Institute, the University of Oklahoma's College of Engineering and other technology leaders. He is a U.S. Navy veteran.
Email: isaac.obannon - @ - cpapracticeadvisor.com
Accounting January 14, 2025
Led by AI adoption, digital transformation, and a shift toward advisory services, firms are positioning themselves for sustainable growth.
Small Business January 14, 2025
Small businesses grew more slowly after the spike in interest rates if they had less access to credit. Those that were hit the hardest had up to 30% lower revenue and 4% lower employment growth compared to other small businesses.
Taxes January 13, 2025
The IRS says the defendants in these cases committed millions of dollars in fraudulent activity, duped investors into believing they were going to strike it rich and tried to funnel money to terrorist organizations.
Taxes January 11, 2025
The FTC charged that H&R Block unfairly required consumers seeking to downgrade to a cheaper H&R Block product to contact customer service, unfairly deleted users’ previously entered data and made deceptive claims about “free” tax filing.
Accounting January 10, 2025
ABUKAI, a provider of expense management solutions, is offering people who have suffered from the January 2025 California wildfires a free one-year ABUKAI Individual Account.
Taxes January 9, 2025
Everybody hates the IRS, but many of us love getting a tax refund! Find out when you can expect to get your refund if you file early. Even without a refund loan, you can usually get your refund in 2-3 weeks.
Accounting January 9, 2025
The tradition has been held for presidents since the assassination of Abraham Lincoln, but has also been observed for other nationally respected leaders, such as Dr. Martin Luther King, Jr.
Taxes January 8, 2025
The early availability of the IRS Free File online systems will allow taxpayers to prepare and file their returns before the IRS officially starts accepting them, but they will then be already electronically in line when processing begins.
Technology January 8, 2025
Truewind, an accounting AI platform, recently announced that it has raised $13 million in Series A funding from Thomson Reuters Ventures, Rho Capital and Pathlight Ventures.
Small Business January 8, 2025
ADP's pay measure uniquely captures the earnings of a cohort of almost 10 million employees over a 12-month period.
Payroll January 8, 2025
Job growth in U.S. small businesses with fewer than 50 employees averaged modest employment growth throughout 2024, according to the Paychex Small Business Employment Watch.
Payroll January 8, 2025
Only 7% of CHROs say they are implementing reskilling strategies for job roles that have a high probability for at least a quarter of tasks to be taken over by AI.