Taxes December 17, 2024
5 IRA and 401(k) Changes to Know for 2025
Savvy savers should plan ahead to help save more and avoid penalties and tricky tax situations. Here are five changes coming to IRAs and 401(k)s in 2025.
Isaac M. O'Bannon is the managing editor and digital content manager for CPA Practice Advisor (www.CPAPracticeAdvisor.com), drawing on two decades of experience covering the areas of professional accounting, taxation, business productivity and consumer technologies.
Prior to CPA Practice Advisor, O'Bannon was a consultant at firms in San Francisco, Denver and Tulsa, serving clients that included Logitech, Polycom, Hilti, Microsoft, the Stanford Research Institute, the University of Oklahoma's College of Engineering and other technology leaders. He is a U.S. Navy veteran.
Email: isaac.obannon - @ - cpapracticeadvisor.com
Taxes December 17, 2024
Savvy savers should plan ahead to help save more and avoid penalties and tricky tax situations. Here are five changes coming to IRAs and 401(k)s in 2025.
Technology December 16, 2024
Part of SAP Sustainability solutions, SAP Green Ledger allocates carbon emissions to specific economic activities and transactions captured by ERP solutions from SAP.
Accounting December 16, 2024
The program, now in its 16th year, was held in Durham from December 9-12. The AICPA Leadership Academy was created to inspire, nurture and empower the next generation of diverse CPA leaders by providing them with advanced leadership training.
Accounting December 16, 2024
Vertex delivers innovative tax technology designed to support complex operations across industries, helping ensure accurate tax determination, and seamlessly integrating with evolving business models.
Accounting December 16, 2024
A total of 36 dedicated MassCPAs members from a variety of backgrounds visited 24 high schools statewide, delivering 30 engaging presentations that highlighted their personal journeys and the multifaceted nature of the accounting field.
Accounting December 16, 2024
The NJCPA Emerging Leaders Council, which sponsored the Food Drive, also held a volunteer day at the FoodBank to help pack food for seniors and veterans.
Accounting December 13, 2024
While 30% said they were experimenting with Gen AI in business applications, up from only 23% last year, the percentage of companies that are fully using Gen AI in key operations hasn’t budged much.
Small Business December 13, 2024
The 1099 filing offering from BILL is an all-in-one solution that enables businesses to manage their AP needs and 1099-NEC and 1099-MISC forms together from a single platform.
Firm Management December 13, 2024
Through this alternative practice structure, Springline Advisory will give HM&M greater access to the capabilities and geographic reach of larger firms without compromising the depth of relationships, care and service its clients know and love.
Payroll December 12, 2024
This month, a new record-high share of consumers indicated that they expect mortgage rates to decline over the next 12 months, while fewer respondents said they expect home prices to rise.
Payroll December 12, 2024
82% of employees over the age of 45 wish they had sought advice or guidance on retirement savings when they were younger. The same number wish they understood the importance of compounding interest sooner.
Firm Management December 12, 2024
Two of their top eight stressors include finances. Cost of living is the second-most common stressor (35%), followed by paying for college/student loan debt (29%).