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Latest….
Americans Aren’t Getting Enough Exercise
6 SECURE Act 2.0 Changes to Plan for in 2023
Highlights of SECURE Act 2.0 for Individuals
CohnReznick Adds 19 to Partnership
Webinars….
CPE Webinar January 11, 2023: Challenges for the Small Firm
CPE Webinar December 9, 2022: Wrangling and Taming Property Tax Compliance Returns and Filing
Events….

Accounting & Audit
Illinois CPA Society Summit 2023
Aug. 22-23, 2023. Rosemont, IL.

Accounting & Audit
2023 NJCPA Convention & Expo
Borgata Hotel & Casino, Atlantic City, June 13-16, 2023.
Thought Leaders….

Randy Johnston

Jim Boomer

Roman Kepczyk
![LBae43Bh_400x400[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/04/LBae43Bh_400x400_1_.5fd8087c94530.png)
Jeannie Ruesch

How to take advantage of ’10-Year Averaging’ in New Retirement Tax Rules
A taxpayer may qualify for “ten-year averaging” when they receive a lump-sum distribution (LSD) from a qualified plan.

Highlights of SECURE Act 2.0 for Individuals
SECURE Act 2.0 includes numerous significant provisions affecting individual retirement savers. Following is a brief roundup of several key changes.

The Technology Lab Podcast – Review of FileThis – Jan. 2023
Technologists Randy Johnston and Brian Tankersley, CPA, CITP, CGMA review FileThis, a cloud tool that digitally gathers personal or business financial documents, across all of the financial, sales and ecommerce sites you use.

Americans Aren’t Getting Enough Exercise
Less than a third of U.S. adults meet suggested benchmarks for aerobic and muscle-building activities set out by health officials, according to a new study released Thursday.

6 SECURE Act 2.0 Changes to Plan for in 2023
With the act containing upward of 100 new retirement provisions, here are six of the most notable changes taking effect this year.

Highlights of SECURE Act 2.0 for Individuals
SECURE Act 2.0 includes numerous significant provisions affecting individual retirement savers. Following is a brief roundup of several key changes.

CohnReznick Adds 19 to Partnership
“They will play a critical role in helping to advance our clients’ goals and our own,” said CEO David Kessler.

Moss Adams Admits 36 New Partners
“I’m proud to have this group join our partnership,” said Moss Adams CEO and Chairman Eric Miles.

W2 Statements Due to Employees and SSA by Jan. 31, 2023
Employers must also provide copies B, C and 2 of Form W-2 to their employees by January 31, 2023.

U.S. Economy Expands at 2.9% Rate in Q4
The U.S. economy expanded at a healthy pace in the fourth quarter, though signs of slowing underlying demand mounted as the steepest interest-rate hikes in decades threaten growth this year.

Inflation Rate Drops for 6th Month; Housing Market Still High
There’s good news on the inflation front: December 2022 marked the sixth straight month that the U.S. rate of inflation has decreased.

IRS Opens Free Online Portal for Businesses to File 1099 Forms
The Information Returns Intake System is expected to reduce the amount of paper Forms 1099 filed in 2023.

How to take advantage of ’10-Year Averaging’ in New Retirement Tax Rules
A taxpayer may qualify for “ten-year averaging” when they receive a lump-sum distribution (LSD) from a qualified plan.

Highlights of the SECURE Act 2.0 for Businesses
The new SECURE Act 2.0, enacted late last year as part of a spending measure, features several notable provisions affecting individuals saving for retirement.

Manchin Floats Bill to End EV Tax Credits for Unqualified Cars
Treasury missed a Dec. 31 statutory deadline to release proposed rules for the new credits.

Deloitte Picks Jason Girzadas to Succeed Joe Ucuzoglu as CEO
In addition, Lara Abrash will succeed Janet Foutty as chair of the Deloitte US Board of Directors.

New AuditClub Passes Help CPA Firms and Companies Find Talent
AuditClub, the Audit Service Center and creator of the innovative auditors-as-a-service model, has announced new and enhanced weekly passes that allow members to subscribe to AuditClub professionals with …

PKF O’Connor Davies Welcomes Massachusetts-based Archambault & Associates
The firm’s offerings include estate taxation and administration, trust funding and administration, tax preparation, tax planning, IRS representation, tax cost accounting, fiduciary accounting, and asset consolidation and simplification.

The Technology Lab Podcast – Review of FileThis – Jan. 2023
Technologists Randy Johnston and Brian Tankersley, CPA, CITP, CGMA review FileThis, a cloud tool that digitally gathers personal or business financial documents, across all of the financial, sales and ecommerce sites you use.

Maine Man Gets 33 Months in Prison for Misusing PPP Funds
He admitting using more than $300,000 from two loan programs authorized by Congress during the COVID-19 pandemic for bail on a theft charge in Florida.

3 Ways Retirees Can Make Money From Home
Retirees have options to turn their lifelong work experience into profitable, work-from-home jobs.

IRS to Use ‘Digital Assets’ Instead of ‘Virtual Currency’ on 2022 Forms 1040
A question regarding digital assets must be answered by all taxpayers on their 2022 income tax returns.

Accounting Top 100 Social Media Leaderboard – Jan. 18, 2023
The Accounting Top 100 social media leaderboard scores and ranks users based on five separate metrics, each of which is weighted according to its perceived value.

Five Reasons Cannabis Organizations Should Outsource Their Accounting in 2023
Outsourcing accounting functions not only simplifies their financial responsibilities and allows them to focus on other business functions, but also strengthens compliance with tax and legal regulations.

Accounting Software Maker IRIS Sees 30% Growth
IRIS Software Group is the maker of Doc.it, AccountantsWorld, myPaySolutions, and other professional solutions.

Supreme Court Shoots Down Appeal on Use of COVID Aid for Tax Cuts
Several GOP-led states sued after President Biden signed the American Rescue Plan Act into law in 2021.

Arizonans Renting Homes During Super Bowl May Need a Permit and Face a Rental Tax
Short-term rental hosts that don’t already have an Arizona transaction privilege tax (TPT) license will need to obtain one from the Arizona Department of Revenue. A local business license may also be required.

Some States Are Considering Shelving the Grocery Tax
Five of the 13 states where groceries were taxed as of last Jan. 1 passed laws to eliminate or ease the pinch.

Most Business Chiefs Expect Bleak Economic Outlook for 2023, PwC Survey Finds
A volatile economy, high inflation, and geopolitical conflict have contributed to CEO pessimism.

Trump Ends NY Tax Return Fight Because GOP ‘Has No Interest’
Latest filing from Trump’s lawyer cited the TRUST Act and the recent change in political circumstances.

New Approaches to Audits Gain Ground
With markets changing and capital becoming more constrained by the day, there is a rapidly heightened awareness of the role that due diligence and audits play.

How to Ask for a Five-Star Google Review
Asking clients for reviews can feel awkward. In general, though, people love to brag about great customer service. They might just need a little reminder to do so.

Abolish Income Taxes? Idea Gains Some Traction in Congress
House Republicans recently introduced “Fair Tax” legislation that will likely stall in the Senate.

Will the Increase in the Teacher Tax Deduction Really Help Educators Much?
Tax pros and educators agree: Even with this year’s increase from $250 to $300, the deduction falls short.

Tax Pros Help Clients Deal with Smaller Refunds
Refund amounts are expected to fall this year due to the end of pandemic-related tax breaks.

20% of U.S. Business Plan to Reduce Staff; 12% Plan Increase
Only 12% of those surveyed think headcount will rise in the next three months — less than half the share that said their companies had increased employment over the past three months. The survey of 60 NABE members was conducted Jan. 4-11.

From Execution to Insight: How Fintech is Shaping the Future of Accounts Payable
But within the next ten years, AP will go from brute force execution to strategic decision making, thanks to new fintech offerings.
Certum Solutions Named Intuit’s 2022 Trailblazer of the Year
The awards honor standouts from the QuickBooks Solution Provider program, Intuit’s dedicated program comprised of high value-added resellers that go the extra mile for their clients…

Thieves are Stealing California Rebate Cards
The thefts have targeted Californians who received their grants in the form of a prepaid debit card distributed by the Money Network, a contractor for the state Franchise Tax Board.

Walmart Launches Website for Business Shoppers
Walmart Business is designed to offer a one-stop shop for office supplies, furniture, food and electronics. Walmart is also pitching a business membership plan that dangles extra savings.

3 Tips to Avoid Tax Season Burnout
The fight against burnout starts with managing stress. Sure, stress can be beneficial — your ancestors were certainly grateful for that “fight or flight” response — but burnout is not. It leaves you feeling emotionally and physically spent, even on …

Attributes of a Transformative Leader
If you want to become a transformative leader, start by focusing on your ability to listen and learn from others. Foster an open environment where people feel safe to share ideas …

The Technology Lab Podcast – Review of BooXkeeping- Jan. 2023
Technologists Randy Johnston and Brian Tankersley, CPA, CITP, CGMA review BooXkeeping, a nationwide provider of affordable outsourced bookkeeping services to small and medium-sized businesses.

2023 NJCPA Convention & Expo
Borgata Hotel & Casino, Atlantic City, June 13-16, 2023.

The Tax Blotter – Jan. 20, 2023
The tax law provides generous tax breaks to investors in real estate, but there are several key tax pitfalls to watch out for.

As U.S. Hits Debt Limit, Treasury Starts “Special Measures”
The Treasury Department is beginning the use of special measures to avoid a U.S. payments default, after the federal debt limit was reached Thursday.

AICPA & CIMA to Sponsor Inaugural IFRS Sustainability Symposium
The IFRS Sustainability Symposium, which will be held at the Palais des congrès de Montréal, is designed for global business leaders, investors and policymakers.

Fordham University and Deloitte Offer Scholarships for Accounting
The Deloitte Foundation expects to fund $30 million in scholarships for students over the next several years, including students interested in pursuing a …