Latest Articles

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November 24, 2021 

New Unemployment Claims Drop to Pre-Pandemic Levels

In the week ending November 20, the advance figure for seasonally adjusted initial claims was 199,000, a decrease of 71,000 from the previous week's revised level. This is the lowest level for initial claims since November 15, 1969 when it was ...

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November 24, 2021 

Retailers Expect Surge in Thanksgiving Weekend Sales: Up to 10% Growth

Nearly 2 million more people than last year are expected to shop from Thanksgiving Day through Cyber Monday this year even as consumers have continued the trend of starting their holiday shopping earlier in the year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. “We’re expecting...…

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November 23, 2021 

Checklist for End-of-Year Activities with Clients

As we march toward the end of another challenging year, the question remains if we are prepared for a glitch-free wrap of the business year. Along with tax and accounting, there are some tax, compliance, legal, information technology (IT), and ...

fasb

November 23, 2021 

FASB Proposes Expanded Disclosures and Improved Accounting Related to the Credit Losses Standard

The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) intended to improve the decision usefulness of information provided to investors about certain loan refinancings, restructurings, and writeoffs. Stakeholders are encouraged to review and provide feedback on the proposed ASU by December 23, 2021. The proposed ASU addresses areas identified by...…

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November 23, 2021 

Beware of These Common Scams Over the Holidays

Taxpayers and tax professionals face a heightened risk in coming months as fraudsters continue to use the pandemic as a way of tricking people into sharing sensitive personal information by email, text message and online. Identity thieves can use that ...

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November 23, 2021 

IRS Interest Rates Unchanged through Q1 2022

The Internal Revenue Service announced that interest rates will remain the same for the calendar quarter beginning Jan. 1, 2022. The rates will be: 3% for overpayments (two (2) percent in the case of a corporation), 0.5% for the portion of a corporate overpayment exceeding $10,000, 3% for underpayments, and 5% for large corporate underpayments....…

 Top Performance – Performance Evaluation Software

November 22, 2021 

Top Performance – Performance Evaluation Software

Performance Evaluation Software Motivate and inspire your professionals and staff to achieve peak performance with these exciting features: Evaluate individuals across offices, departments, positions, and levels including principles, professionals, and staff Create custom evaluations based on roles, departments, engagements, and more Achieve performance objectives through an effective 360 evaluation process or immediate feedback Appraise performance...…

 CE Manager – CPE Tracking Software & Learning Management

November 22, 2021 

CE Manager – CPE Tracking Software & Learning Management

CPE Tracking Software and Learning Management System for Accounting Firms Manage your accounting firm’s CPE tracking and learning with these powerful features: Accurate CPE management and compliance tracking for all US jurisdictions, including specialties like PCAOB, AICPA, Yellow Book, and EBPAQC, tracked with detail and precision Create and customize your own In-Firm licenses Provide your...…

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November 22, 2021 

Self-Care for Busy Accountants

The key to burnout prevention is through self-care and better work-life balance. Find ways to make self-care a part of your routine to protect yourself in times of stress.

Amy Vetter