The list of blogs mentioned above offers all-around knowledge of financial and tax-related topics. Additionally, most of these blogs have integrated COVID-19 resources to keep you up-to-date with recent changes in the industry at such times. One of the reasons why CPE is so important for CPA’s is to stay up-to-date on the newest accounting technology and software. This blog is an excellent resource for financial professionals looking to enhance their knowledge of new tax tech without taking a class. Accounting WebAbout – AccountingWEB is a community site full of useful insights and trend highlights to help tax and accounting professionals improve their practices and better serve their clients.

However, it also offers a broad array of resources, from tutorials on specific tasks to tips on improving focus and productivity. It’s worth noting that the accounting industry is not immune to the threats of data breaches, which have seen a significant increase. In fact, the number of data breaches in the U.S. soared from 447 in 2012 to over 3,200 in 2023, highlighting the growing importance of cybersecurity in every sector, including accounting.

We delve into why businesses fail and how to avoid common pitfalls like poor management and ineffective marketing. Opening a business bank account is a simple process that can help protect your liability and assets when it comes to making money. Seven questions to ask for a quick financial health check of your business.

Have a look at our webinar that can make a real difference for your business. Ross Chanowski business accounting blog partnered with Bench and Gusto to streamline accounting, HR, and payroll for NuMarket’s restaurant crowdfunding, enabling more time to support local eateries. Explore their journey from a pandemic-born idea to efficient business growth. Step into the world of Stephen Works, a dynamic gaming entrepreneur mastering the art of juggling multiple income streams with SpringSims, LLC.

If you’re a small business owner, learning about keeping your books in order can be a bit overwhelming, especially when you’ve got a lot of other tasks on your plate. Even experienced accountants struggle to deal with all the new announcements and initiatives within the profession. As you explore these must-read blogs, you’ll find a wealth of knowledge that can help you refine your skills, stay updated with industry trends, and tackle challenges with confidence. Firm of the Future is truly devoted to elevating your accounting practice.

A benefit here is the blog’s emphasis on practical resources that can be used to enhance bookkeeping tasks. The Uncat Blog is tailored for accountants and bookkeeping professionals seeking practical, actionable content. It covers a wide range of topics, from industry trends to firm optimization strategies.

• That’s because we’re passionate about giving you the knowledge and practice management resources to build and grow your business.
• But the good news is that you can return to good standing by filing back taxes and paying your tax obligation.
• Hear what small business owners ask tax pros most—and get the expert informed answers to confidently navigate your taxes.
• This transition is not merely beneficial but increasingly essential for practice sustainability in an evolving marketplace.

The American Rescue Plan: A Summary For Small Businesses

• This blog offers a niche appeal that likely will only appeal to a handful of readers.
• If the month-end close process feels like a mountain of tedious admin, you’re not alone.
• Run by one of the biggest accounting bloggers and accounting professionals, Rick Telberg, CPA Trendlines focuses entirely on public practice.
• While The New York Times doesn’t have a dedicated accounting section, you can easily access articles on the topic via their website.

We regularly provides useful and practical content for this audience. The vast majority of content comes from the community itself as well as thought leaders and others looking to influence the profession in some way. Additionally, the site reviews account management software, tax preparation tools, practice consulting services, cloud technology integration support, and more. Its articles address a range of topics, from regulations to practice management. Patty Dominguez, a successful business coach and entrepreneur, credits Bench Accounting for its crucial role in her financial management journey.

Managing small business finances requires attention to detail. Small mistakes can lead to cash flow issues, tax penalties, and financial instability. Alongside strong accounting tools, having an efficient invoicing system is just as important because getting paid quickly keeps your cash flow healthy and your business moving. With Tofu, you can create and send invoices instantly, even while on-site.

Discover what a general ledger is, the various types of general ledger accounts, and why they are essential for your small business’s financial health. We break down the features and costs of the 8 best bookkeeping software options available. You became a therapist because you enjoy working with patients—not crunching numbers. Here are some basic best practices to streamline your bookkeeping so your private practice can thrive.

Shay CPA Accounting Blog

A Professional Employer Organization can help you focus on growing your business. An SBA loan can help your business grow—here’s how to qualify for one. Categorizing your expenses correctly will make everything easier, from filing your taxes to developing your budget.

Weigh the pros and cons of a DIY QuickBooks accounting setup for Shopify sellers. Learn about the features that make it easy to use, and assess if it’s the right fit for your business. Almost every entrepreneur makes at least one bookkeeping blunder while they’re learning the ropes.

Machine-learning algorithms can review account fluctuations against historical patterns and business activities, flagging unusual variances for controller review. The system can then generate journal entries for predictable adjustments (e.g., accruals, amortization, and foreign currency translation) and route them for appropriate approval. Their accounting automation solutions are backed by skilled professionals who validate outputs, investigate anomalies, and ensure reporting accuracy. Scribe allows accounting teams to capture and document processes without writing anything manually. Just press “record,” perform a task, and Scribe automatically creates a step-by-step guide with annotated screenshots.

Follow the best accounting blogs—and stay up to date on the latest industry trends

Between running your practice, serving your clients, and life in general, keeping up with the latest accounting industry news is a challenge. Whether your goal is to learn about marketing your firm, getting into advisory services, or spending time on professional development, there are tons of resources online for accounting professionals. Whatever you want to know or find out, Accounting Today will have it covered. It provides expert analysis and insights on accounting and financial topics. Additionally, its focus on practice management and technology can help small business owners run their firms more efficiently. Accounting Today is one of the most famous accounting news, trade magazine, and informative blog on the Internet.

Systems can be programmed to monitor regulatory changes, flag potential compliance issues, and even generate appropriate documentation. This is particularly valuable in specialized areas like tax compliance, where firms using advanced automation can handle more returns during tax season without increasing staff size. The resulting capacity allows firms to maintain service quality during peak periods without the traditional stress on personnel and systems. Another distinctive feature of IPA is its sophisticated orchestration capabilities. Rather than automating isolated tasks, comprehensive IPA implementations coordinate activities across multiple systems, departments, and even organizations.