Latest Articles

January 14, 2025 

In IDC’s evaluation, Sovos performed well in VAT functionality, especially VAT reporting, localized VAT support, recovery/reclaim, governance, and certifications.”

Accounting January 14, 2025 

Led by AI adoption, digital transformation, and a shift toward advisory services, firms are positioning themselves for sustainable growth.

Isaac M. O'Bannon

Accounting January 14, 2025 

AccountsIQ says the acquisition reflects its vision to expand beyond finance teams into the broader business user function, bringing a multiproduct solution to the office of the CFO, including spend card management and embedded payments.

Jason Bramwell

Accounting January 14, 2025 

"These pain points emphasize AI's potential to enhance efficiency, accuracy, and insight generation in finance by addressing time-consuming and error-prone tasks," accounting automation platform Trullion says in a new report.

Jason Bramwell

Auditing January 14, 2025 

"While Excel's versatility has made it a staple for decades, it's limitations—such as version control issues, manual data entry errors, and collaboration bottlenecks—are becoming increasingly problematic," accounting automation platform Trullion says in a new report.

Jason Bramwell

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.

Isaac M. O'Bannon

Financial Reporting January 13, 2025 

Chinese officials are evaluating a potential option that involves Elon Musk acquiring the U.S. operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter.

Accounting January 13, 2025 

One hundred fifty hours will no longer be required to obtain a CPA license in the state of Ohio after Gov. Mike DeWine signed legislation on Jan. 8 that provides two alternate pathways for accountants pursuing the credential.

Jason Bramwell

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.

Isaac M. O'Bannon

Taxes January 13, 2025 

The tax deadline change, permitted under presidential disaster declarations, is similar to those in previous years when flooding or wildfires hindered residents and business owners suffering from property loss or damages.

Taxes January 13, 2025 

The main focus of the face-to-face meeting was the $10,000 cap on the so-called SALT deduction that was a signature feature of Trump’s 2017 tax cut bill, set to expire for tax years after 2025. The group wants to see the cap raised or even eliminated.

SEC January 13, 2025 

McMahon did not admit to or deny the SEC's findings, but he agreed to pay a $400,000 civil penalty and reimburse WWE for about $1.33 million, according to SEC officials.