Isaac M. O'Bannon is the managing editor and digital content manager for CPA Practice Advisor (
Taxes December 27, 2023
Reminder: Deadline for Retirement RMDs is Dec. 31
For 2023, the age at which account owners must start taking required minimum distributions goes up from age 72 to age 73.
Small Business December 27, 2023
Wrong Size? Retailers on Track to See $743 Billion in Merchandise Returns for 2023
According to the report, for every $1 billion in sales, the average retailer incurs $145 million in merchandise returns. Online sales do see a higher return rate, with 17.6% or $247 billion of merchandise purchased online returned.
Taxes December 27, 2023
IRS Issues Guidance on Tax Credit for Clean Hydrogen Production
The Inflation Reduction Act (IRA) of 2022 provides a production credit for each kilogram of qualified clean hydrogen produced by a taxpayer at a qualified clean hydrogen production facility.
Accounting December 27, 2023
AICPA Wants Changes to the Labor Department’s Retirement Security Rule
About 138,000 AICPA members advise individual, family and business owner clients on personal financial planning matters.
ESG December 25, 2023
Less than Half of U.S. Workers Are Satisfied with Response to Social Change Issues
Most workers prefer that an organization take internal action rather than public action to address an issue.
Accounting December 22, 2023
Vertex Adds 3 New Execs
The tax technology company made three appointments to executive positions over tax research, HR and customer service.
Accounting Standards December 22, 2023
FASB Accepting Comments on Proposed New Chapter of Its Conceptual Framework Measurement
The Conceptual Framework is a body of interrelated objectives and fundamentals that provides the FASB with a useful tool as it sets standards.
Taxes December 22, 2023
Georgia Tax Preparer Gets 2 Years in Prison for Tax Evasion
The professional tax preparer was accused of omitting $1.28 million in income from his own tax returns.
Payroll December 21, 2023
More Workers Get Access to Paid Sick Leave, But Lowest Wage Earners Are Left Out
Since 2010, 15 states and the District of Columbia have enacted laws requiring employers to allow workers to earn paid sick time.
Payroll December 21, 2023
U.S. Employers to Average 4% Pay Raises in 2024
Inflation is slowing down from the highs of recent years, and the labor market is shifting, with voluntary turnover and attrition at 11% overall.
Tax Planning December 21, 2023
2024 Tax Planning Tips from Grant Thornton
Recent tax changes coupled with the potential for an economic slowdown have made it even more critical for companies and individuals to make smart decisions on investments and financing.
Payroll December 20, 2023
65% of Workers Say They Still Suffer From Burnout
The impact of burnout doesn't end with the employee as poor employee experiences often lead to lackluster customer experience.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
