Taxes December 24, 2025
Tax Tips on Life Insurance Loans
If you acquire permanent whole life insurance as opposed to term life insurance, your premium payments build up a cash value in the policy.
June 3, 2022
Beware the Generation-Skipping Transfer Tax
Due to recent tax law changes, your family may be able to avoid adverse federal estate tax consequences when you leave assets to your adult children. For instance, the unified estate and gift tax exemption was increased from ...
June 2, 2022
Your Firm and Your Clients’ Data – Simplifying the Future of Accounting
The past two years have been anything but simple. So, it may seem ironic that simplification is the new way to navigate the increasing complexity of the business. Automated, digital solutions provide a pathway to alleviate this pressure while helping ...
June 2, 2022
Home Listings Increase for First Time Since Pandemic
Home listings increased for the first time since June 2019, according to Realtor.com data, suggesting the U.S. housing supply hit a turning point last month.
June 2, 2022
New Hiring in U.S. Slows, Despite Near-Record Job Openings
Businesses’ payrolls increased by 128,000 last month, held back by a decline in small business employment, according to ADP Research Institute data released Thursday. That followed a downwardly revised 202,000 gain in April, and trailed all ...
June 2, 2022
Housing Market Remains Competitive Despite Increase in Mortgage Rates
Zillow's home value forecast now calls for 11.6% growth through April 2023, down from a year-ahead forecast of 14.9% made in March. Zillow's forecast for existing home sales has been lowered as well, now predicting 5.73 million sales in 2022.
June 2, 2022
Income Tax Deadline is June 15 for Overseas Americans
Just as most taxpayers in the U.S. must timely file their returns with the IRS, those living and working in another country are also required to file. An automatic two-month deadline extension—until June 15—is normally granted for those overseas.
June 2, 2022
IRS to Hire 4,000 Extra Staff this Summer
These full-time positions fall under a special hiring condition called direct-hire authority. Full-time, bilingual (Spanish) positions are also available. No prior tax experience is required, although post-high school education is generally required.
June 2, 2022
New York State Society of CPAs Celebrates 125th Anniversary
On April 28, 2022, the New York State Society of CPAs (NYSSCPA) celebrated its 125th Anniversary at a gala event at Current at Chelsea Piers in Manhattan.
June 2, 2022
How Cloud Solutions Can Power Modern CPA Firms
Adopting cloud technologies can help you to grow your firm successfully, retain and attract new talent and introduce new services to your clients. The power of cloud can benefit multiple aspects of your business - and can be the key to your ...
June 2, 2022
Why You Should Be Using Accounting Workflows
Workflows are a vital part of every business. Without them, teams would struggle to get things done on time and consistently. When properly organized and managed, workflows help your team complete tasks and projects more efficiently.
June 2, 2022
Be Different, Not Better
The internet is saturated with inspirational quotes and sayings about achieving success. Type in “success meme,” and you have hundreds of thousands to choose from. But there’s one saying that’s been around for decades (at least) that still carries a ...
June 2, 2022
Preserving Estate Wealth for Business Real Estate and Farms
How can a small business owner pass an interest to heirs without triggering a significant estate tax bill? Despite generous tax breaks, there still may be obstacles to overcome, especially with the estate tax exemption scheduled to be cut in half in ...