Accounting August 2, 2024
Emburse and Finexio Partner for B2B Payments
The partnership offers Emburse customers an innovative solution to long-standing AP challenges in the $125+ trillion B2B payments market.
Small Business August 2, 2024
Mid-Market Optimism Hits Pre-Covid Record Highs
Optimism among mid-market business leaders has rebounded to pre-COVID levels, with a record 71% of leaders optimistic about the next 12 months.
Accounting August 1, 2024
Avalara Adds Generative Chat to Bolster Support and Product Experiences for Customers and Partners
With Avi, customers save time by receiving faster answers to their product questions, assistance troubleshooting common issues, and directions on additional resources when they need more help.
Taxes July 31, 2024
AICPA Offers Comments to IRS on Domestic Content Bonus Credit Requirements
Per the interim guidance, to qualify for the DCBC, customers will need to know the exact amount of the manufactured product and components costs and which components are domestically produced.
Payroll July 31, 2024
Teens Want Financial Literacy Courses
68 percent of teens would "likely" take a class on financial literacy (money management, personal finance) if offered to them, yet only 31 percent say they have access to these kinds of courses in school.
Accounting July 31, 2024
Organizations Look to Internal Audit Teams as Risk Increases
The study revealed that these expanding expectations are coming at a time when Internal Audit has limited bandwidth for advisory-related services — and increasing risk demand and insufficient risk management capacity are creating a risk coverage gap for the business.
Small Business July 31, 2024
Pending Home Sales Rose 4.8% in June
All four U.S. regions posted monthly gains in transactions. Year-over-year, the Northeast, Midwest and South registered declines, while the West increased.
ESG July 31, 2024
BDO USA Releases Its 2023 Sustainability Report
The report highlights the firm’s efforts to integrate sustainability across its business through strategies that improve resilience, enhance inclusivity and encourage accountability.
Taxes July 30, 2024
More than 1,000 IRS Employees Were Delinquent or Noncompliant on Their 2023 Income Taxes
Between October 1, 2021, and April 1, 2023, the IRS closed 1,175 cases with disciplinary actions, for 1,068 current employees, with confirmed tax noncompliance issues.
Accounting July 30, 2024
60% of CFOs Say Their Organizations are Ready to Implement and Work With AI, but Only 35% are Using AI in Finance
The report also notes a significant focus on business continuity and resilience, with 59% of finance executives prioritizing these areas in 2024, up from 51% in 2023 and 40% in 2022.
Accounting July 30, 2024
Airwallex Partners with Float for Bill Payment Automation for Canadian Businesses
Float’s Bill Pay product, powered by Airwallex, introduces payouts – including bank transfers, EFT, wire, and ACH – as part of Float’s unified business finance platform for Canadian companies.
Accounting July 29, 2024
Wolters Kluwer Acquires European Tech Portfolio, Including CodaBox, ClearFacts, Clearnox, Zoomit, and Flowin
Wolters Kluwer Tax & Accounting has signed an agreement with Belgian fintech company Isabel Group to acquire its accountancy portfolio of cloud-based financial workflow and data exchange solutions for €325 million in cash.
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
