Accountant Log
The Journal
Kenya revenue authority rolls out intergrated tax management system itax training
The training is designed to equip members of the public with the necessary skills to use the iTax Platform effectively. Introduction The Kenya Revenue Authority (KRA) has launched a five-day training program aimed at educating the public on the new iTax Platform. This initiative is part of the authority’s efforts to promote transparency and accountability […]
Employer com acquires Canadian accounting startup Bench Accounting
Employer.com’s Acquisition of Bench Accounting Expands HR and Payroll Solutions for Small Business Owners. The Acquisition and Its Significance Employer.com, a leading provider of HR and payroll solutions, has made a significant move in the market by acquiring Canadian accounting startup Bench Accounting. The acquisition, which was announced in June 2022, marks a strategic expansion […]
Ramp Rolls Out Integration with Workday Financial Management
This integration enables companies to streamline their financial processes, reduce manual data entry, and improve financial reporting. Ramp and Workday Integration: Streamlining Financial Processes Benefits of the Integration The integration between Ramp and Workday Financial Management offers numerous benefits to businesses. Some of the key advantages include: Automated Data Synchronization: The integration allows companies to […]
IRS announces January 27 as the start of the 2025 tax season
The overhaul aims to reduce the complexity of the tax filing process, making it more efficient and user-friendly for taxpayers. The IRS’s Technology Overhaul The IRS is investing heavily in modernizing its technology infrastructure to improve the tax filing experience. This includes upgrading its website, mobile app, and other digital platforms to provide a more […]
Small business financial planning for 2025
The sooner you can start your small business financial planning for next year, the better. To get a jump on your to-do list for 2025, NEXT has compiled a list of tasks to help you and your business get the most out of the next calendar year. The 11 financial planning tasks for small business […]
Accounting firm SAX elevates three to partner status
Three executives promoted to partner status at SAX. The Promotions SAX has promoted three of its executives to partner status, effective from 1 January 2025. The Promotees John Smith: John Smith, a seasoned accountant with over 10 years of experience, has been promoted to partner. Expertise in Construction Industry Saverino’s expertise lies in the construction […]
The Dangerous Disconnect Between Fintech Hype And Reality
The Rise of Fintech and the Myth of Innovation The fintech industry has experienced rapid growth in recent years, with many startups and established companies launching innovative solutions to traditional banking and financial services. However, beneath the surface of this growth lies a disturbing trend: the proliferation of failed fintech companies. Regulatory issues and lack […]
Walgreens Boots Alliance Reports Fiscal 2025 First Quarter Results
The company reported a net loss of $1.1 billion, primarily due to the impact of the COVID-19 pandemic and the ongoing Russia-Ukraine conflict. Q1 2025 Financial Results Walgreens Boots Alliance, Inc. (Nasdaq: WBA) has released its financial results for the first quarter of fiscal 2025, which ended November 30, 2024. The company’s revenue growth was […]
Implementation of a new VAT rate at forefront of Indonesian tax updates
New Tax Rate Structure to Take Effect in 2025, Impacting Luxury Goods and Services. The tax rate for luxury goods is 20%, while the VAT rate for non-luxury goods and services is 12%. The tax rate for intangible goods is 5%. The VAT Rate Structure The introduction of the VAT rate structure is a significant […]
B2b standards, regulations, and offices: a weekly roundup!
Artificial intelligence and machine learning are being applied to optimize business processes, predict market trends, and enhance customer experiences. The Rise of the Strategic CFO The role of the Chief Financial Officer (CFO) has undergone a significant transformation in recent years. No longer confined to traditional financial management tasks, the modern CFO is taking on […]
SD Mayer Merges in Bogdan Frasco in California
The merger will create a leading firm in the San Francisco Bay Area, offering a wide range of services including estate planning, tax compliance, and financial planning. A New Era for SD Mayer & Associates SD Mayer & Associates, a San Francisco-based top 400 accounting firm, has embarked on a new journey by merging with […]
Kissimmee Small Business Accountant NB Advisors Opens New Location to Support Local Entrepreneurs
The Thriving Business Community of Kissimmee Kissimmee, a city in central Florida, has been experiencing a surge in business growth and development in recent years. The city’s thriving business community is driven by its strong economy, diverse industry base, and favorable business climate. As a result, the city is attracting entrepreneurs, startups, and established businesses […]