Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
Taxes December 28, 2022
Big Changes for Retirement Plans; RMD Age Raised to 73 in 2023
SECURE 2.0 increases the age for RMDs to 73, beginning on January 1, 2023, and to age 75 on January 1, 2033, for certain individuals. In addition, it reduces or entirely eliminates the excise tax imposed for not taking RMDs.
Taxes December 27, 2022
Ways and Means to Make Trump’s Tax Returns Public on Dec. 30
The documents are expected to include his tax returns filed between 2015 and 2021.
Accounting December 27, 2022
U.K.’s Accounting Watchdog Sounds Alarm Over Cheating in Exams
The largest accounting firms across the pond said they have a “zero tolerance” approach to exam fraud.
Taxes December 27, 2022
IRS and Treasury Release Guidance on Corporate Stock Repurchase Excise Tax
Notice 2023-2 provides interim guidance regarding this tax provision in the Inflation Reduction Act.
Taxes December 27, 2022
IRS, Treasury Issue Interim Guidance for New Corporate Alternative Minimum Tax
The corporate alternative minimum tax was created by the Inflation Reduction Act enacted last summer.
Taxes December 27, 2022
How to Max Out the Gift Tax Exclusion
When possible, limit your lifetime gift-giving to amounts covered by the annual gift tax exclusion.
Taxes December 27, 2022
Saver’s Tax Credit Helps Reward Workers for Saving for the Future
The Retirement Savings Contributions Credit, also known as the Saver's Credit, helps offset part of the first $2,000 workers voluntarily contribute to ...
Payroll December 27, 2022
Women More Likely to Lag in Retirement Savings
More than 60% of women respondents reported retiring earlier than planned, with two thirds of this group doing so for reasons outside of their control.
Payroll December 27, 2022
Payroll-Related Issues Top List of Business Concerns in 2023
A list of the most prominent compliance-related topics employers will face in 2023.
Taxes December 27, 2022
IRS, Treasury Lay Out Transitional Guidance for Broker Reporting on Digital Assets
The Infrastructure Investment and Jobs Act amended the tax code to expand reporting rules on digital assets by brokers.
Payroll December 27, 2022
Who Gets the Retirement Saver’s Credit?
Remember that there are other financial and tax benefits for contributing to qualified plans and IRAs. So this is usually a good idea even if you don’t qualify for the retirement saver’s credit.
Taxes December 27, 2022
Rely on New Per Diem Rates
The government annually establishes a flat rate for certain “high-cost areas” such as New York, Chicago and Los Angeles and other major cities.