First-time penalty abatement will soon be automatic
Understanding the authority, eligibility criteria and automation advantages of the program will be essential for firms representing clients before the IRS.
CPA QualityPro releases licensure feature to determine state practice privileges
Accounting firms can determine individual CPAs’ practice privileges in different states under new mobility and substantial equivalency rules.
Get the insights that matter, faster: Your new Xero homepage is here
A few months ago, we shared our vision for a reimagined Xero homepage and our plans to move from the classic dashboard to a more insightful and actionable command centre for your business. Since then, many of you have joined us on this journey. We have built this for you, with you – more than 33,000 …
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Time, training significant blocks to tech adoption
People want to use AI and other advanced tech more effectively, but they’re too busy to learn how.
Seamless compliance is coming soon with new Xero Workpapers
If you’re a Xero partner in Australia, you know that compliance work is essential, but without the right tools available, it can be a massive time sink. When a recent Xero survey found that many Australian firms report spending over half (51% to 75%) of their annual compliance time creating, reviewing, and managing workpapers1, we …
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Assessing PE’s ‘great lab experiment,’ four years in
Speakers at Accounting Today’s 2025 PE Summit urged firms to explore the ways private equity is transforming accounting — and their practices.
Guidance issued for tip and overtime deductions
In Notice 2025-69, the IRS and the Treasury offer clarifications and examples of how to claim the One Big Beautiful Bill Act deductions.
Nidec shares slide amid accounting probe
Another downgrade by Moody’s hit the manufacturer of mini motors’ stock price.
New York signs licensure changes into law
Empire State Gov. Kathy Hochul signed a bill into law that will create an additional pathway to CPA licensure — the latest state to pass changes to licensure requirements.
Announcing the Global App Award Winners
We’re thrilled to announce the winners of the 2025 Global App Awards! These awards are designed to shine a spotlight on the most innovative and impactful apps within the Xero app ecosystem. It’s a huge honour for our app partners and an invaluable guide for small businesses and advisors looking for trusted, highly rated solutions. …