Xero Eliminates ACH Transaction Fees for U.S. Small Business Customers to Streamline Bill Payments

Small businesses across the United States will no longer incur fees for processing standard Automated Clearing House (ACH) payments to their suppliers through the Xero accounting platform, a significant development…

The Client Data Bottleneck: Why Hiring More Isn’t the Answer for Audit Firms

By Justin Pulgrano Hiring more people is the most intuitive response to a growing client load. It’s also, for many audit practices, the one that keeps the problem in place.…

The Human Element: How Artificial Intelligence Can Rekindle Personal Connections in Accounting

The accounting profession, fundamentally built upon the bedrock of human interaction and trusted relationships, faces a critical paradox: the very tools designed to enhance efficiency are inadvertently distancing practitioners from…

Queens Woman Beaten to Death on Birthday in Jamaica After Sending Cryptic Text to Sister

A 37th birthday celebration in Jamaica turned into a horrific tragedy for Melissa Kerry Samnath, a senior accountant from Queens, New York, who was found beaten to death on the…

Intuit Launches QuickBooks Workforce, a Comprehensive AI-Native Human Capital Management System

Intuit announced Wednesday the U.S. launch of QuickBooks Workforce, an all-in-one, AI-native human capital management (HCM) system designed to provide businesses with end-to-end workforce management capabilities. This significant expansion of…

Bennett Thrasher Identifies Five Key Qualities Beyond Traditional Skills for Top CPA Talent Amidst Accelerating Industry Demand

The accounting industry, a cornerstone of financial stewardship and business growth, is undergoing a profound transformation, driven by demographic shifts, technological advancements, and evolving client expectations. As firms actively seek…

The Tax Season Survival Index Launches, Quantifying the Human Cost of Peak Accounting Demands

For countless accountants across the United States, April 16th marks not just the end of tax season, but a collective exhale, a moment of shared relief often punctuated by weary…

Recession Fears Drive Small Businesses to Cash Hoarding, But Idle Funds Erode Value

As economic headwinds intensify and recessionary forecasts become more prevalent across financial news outlets, a significant number of small and medium-sized business (SMB) owners are reverting to a deeply ingrained…

Gusto Reaches 500,000 Small Business Customers, Unveils Nearly 75 Product Updates in Spring Showcase

Gusto, a leading payroll, benefits, and HR platform for small businesses, announced a dual milestone on April 23rd, revealing it has surpassed 500,000 small business customers. Coinciding with this significant…

Illinois Democrats Fail to Advance Millionaire Tax Amendment, Exposing Party Divisions and Jeopardizing Election-Year Message

Illinois Democrats encountered a significant setback on Thursday as they failed to advance a proposed constitutional amendment that would have sought voter approval in November for an additional tax on…