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.
May 9, 2022
Coping With the SALT Tax Deduction Cap
Among numerous other changes for individuals—including an increase in the standard deduction, suspension of dependency exemptions and modifications of other deductions—the TCJA clamps down on the write-off for SALT payments.
May 9, 2022
Millions of Americans May Qualify for Free Broadband Internet Program
As part of the program, the internet providers, which include AT&T, Comcast, Cox, Verizon and others, will provide at least one service plan that costs under $30 per month, with internet download speeds of at least 100 mbps.
May 9, 2022
AICPA News: May 2022
AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants.
May 9, 2022
Imports Set New Record at U.S. Ports
Imports at the nation’s major retail container ports set a new record this spring and are expected to see near-record volume this month as retailers bring in merchandise ahead of rising costs and further supply chain issues, according to the ...
May 9, 2022
Friedman LLP to Join Marcum
The combined firm will operate under the Marcum brand and continue to be headquartered in New York City, with offices throughout the continental United States, China, Ireland, and Grand Cayman.
May 6, 2022
How Cloud Solutions Can Power Modern Accounting Firms
While cloud solutions were already becoming increasingly widespread across multiple industries, COVID-19 accelerated adoption as the way we work underwent significant lasting changes. However, cloud adoption has been noticeably slower among ...
May 5, 2022
Finance Pros Look to Payment Processes to Accelerate Profitability
Global expansion is a priority for businesses, yet 88% of surveyed finance professionals say the complexities of collecting cross-border payments impacts their ability to grow internationally. Specifically, 95% say if they could deal with exchange ...
May 5, 2022
Accounting Firms Facing Increased Cyber Threat
75% say they would be able to survive only three to seven days from a ransomware attack.
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May 5, 2022
PCAOB Updates Standard-Setting and Research Agendas
The PCAOB’s approach to advancing audit quality through standards, interpretations, and other guidance prioritizes select standard-setting projects. Specifically, through the standard-setting agenda, the PCAOB expects to strengthen auditing, quality ...
May 5, 2022
Accounting Pros Still Love Spreadsheets
Depending on the research, data shows that between 750 million and a billion people use Excel or other spreadsheet tools globally. This makes it one of the most-used financial tools in the world.
May 5, 2022
Home Prices Rise by Double Digits Across U.S.
Across the country, 70% of metro areas experienced double-digit home price gains in the first quarter, according to a new report from the National Association of Realtors.
May 5, 2022
Fed Raises Interest Rates by a Half Point – Largest Increase Since 2000
For the first time in 22 years, the Federal Reserve on Wednesday pushed up interest rates by a full half-percentage point — a significant escalation of its efforts to get control of troublingly high inflation.