IRS May 29, 2026
IRS Increases Health Savings Account Limits for 2027
The IRS on Friday released its annual inflation-adjusted amounts for health savings accounts for calendar-year 2027, with across-the-board increases.
December 4, 2020
Gratitude and Self-Care During the Holidays
There’s no denying that the holiday season is going to look a whole lot different this year. Without widespread immunization from Covid-19, which is still months away at minimum, mass travel and large gatherings will be limited. However, just because our holiday calendars look different, doesn’t mean the holiday spirit needs to take a year...…
December 4, 2020
AICPA and 560 National Business Groups Urge Congress to Pass PPP Expense Forgiveness
The letter states that without legislation, there is “…the specter or a surprise tax increase of up to 37 percent on small businesses when they file their taxes for 2020.”
December 4, 2020
IRS Mandates Multi-Factor Authentication for All 2021 Online Tax Prep Systems
The Internal Revenue Service, state tax agencies and the tax industry have announced an improved feature that will be available on all 2021 online tax preparation products.
December 3, 2020
Common Themes Emerge in Data from First Year of CAMs Implementation
The CAQ has released a new report with data and analysis on the first year that critical audit matters (CAMs) were included in auditor reports. Consistent with the requirements of the Public Company Accounting Oversight Board (PCAOB), the ...
December 3, 2020
ImagineTime and Mango Billing Create Advanced Practice Management Software for Today’s Accounting Profession
ImagineTime, a leading practice management software provider for the accounting industry, has acquired Mango Billing and has integrated it into its next-generation practice management solution foraccounting firms.
December 3, 2020
QuickFee Is Bringing the “Buy Now, Pay Later” Experience to Professional Services Firms
With the release of QuickFee Installments – the first-ever “Buy Now, Pay Later” product designed for professional services – QuickFee is poised to become the global leader of the emerging “Advice Now, Pay Later” model. More than 30% of the ...
December 3, 2020
Marta Zaniewski to Lead AICPA State Regulatory and Legislative Affairs
Zaniewski will lead AICPA’s state regulatory and legislative efforts and build strong, collaborative relationships with internal and external stakeholders on issues that impact the CPA profession. She will serve as the AICPA’s primary voice and ...
December 2, 2020
Apps We Love: November 2020 – Our Favorite Podcasts
Although podcasts are a popular commuter pastime and commuting is down somewhat during the pandemic, podcast measurement company Chartable reports that podcast downloads in September increased 150 percent over January of this year.
December 2, 2020
Post-Election Tax Planning Considerations for Trusts & Estates
In the wake of the 2020 election, many expect that the Biden administration will seek to engage Congress to enact new tax legislation in order to raise revenue to pay the costs associated with the pandemic and other government programs.
December 1, 2020
68% of Remote Workers Say They Work on Weekends
Many people feel pressure to keep up with rising workloads and are putting in long hours to support their business.
December 1, 2020
When Will You Get Your 2021 Income Tax Refund?
Most Americans who are expecting an income tax refund receive it by direct deposit in as little as 2 weeks, although it can take longer during the peak of the filing season, which starts in late March. So it's a good idea to e-file your tax return as ...
December 1, 2020
AICPA Offers Nearly $1 Million in Accounting Scholarships
The AICPA offers a variety of scholarships, ranging from high school students studying advanced high school accounting to college undergraduate and graduate students working to become CPAs to practicing CPAs who wish to earn doctorates and become ...