Latest Articles

September 15, 2020 

Monit, a mobile financial platform designed for small business owners, launched on September 15 with a demo at Finovate Fall 2020. Monit keeps business owners on top of their key financial numbers and forecasts cash flow using ...

September 15, 2020 

Bloomberg Tax & Accounting has projected 2021 income ranges for each tax rate bracket. Income ranges for the tax brackets for married taxpayers filing jointly and for single taxpayers are shown below. Rate brackets for other filing statuses are ...

September 14, 2020 

Well, here we are, deep into 2020, and the pandemic is forcing us all to start thinking about home offices as a more-or-less permanent fixture in our lives. By now, most capable employees have probably proven their ability to work from home and get their jobs done, and we are at least under the impression...…

Gail Perry

September 14, 2020 

Imports surged to unexpected high levels this summer and may have hit a new record as the U.S. economy continues to reopen and retailers stock up for the holiday season, according to the monthly Global Port Tracker report ...

September 11, 2020 

The analysis found total earned pay for S&P 1500 CEOs increased 5.5% at the median in 2019, a sharp drop from a 13.7% jump in the previous year. The increase marks the smallest rise since a 2.2% increase in 2016.

September 11, 2020 

The Small Business Pulse Survey, launched on a weekly basis in mid-May, looks at issues such as employment, revenue and supply chain disruptions. In the survey’s first nine weeks, it found pervasive difficulties with business operations and ...

September 11, 2020 

Employers have a growing list of concerns lately, including losing their top performers, new research from global staffing firm Robert Half shows. A large majority of senior managers surveyed (88%) said they are worried about their ...

September 11, 2020 

The unprecedented challenges posed by COVID-19 have reminded us that we are an interconnected global community. While this crisis rightly has dominated our attention, we must not lose sight of progress on the broader aims of the ...

September 10, 2020 

The George Willie program provides a scholarship and internship to five ethnic minority accounting students who intend to pursue a CPA. The AICPA provides a scholarship of up to $20,000 to each student to assist with their final academic year.

September 10, 2020 

The agency will continue to review its processes to determine where long-term actions can help reduce burden for the tax community, while at the same appropriately balancing that with critical security and protection against identity theft and fraud.

September 10, 2020 

In addition to being available in English and Spanish, the 2020 Form 1040 will also give taxpayers the opportunity to indicate whether they wish to be contacted in a language other than English. This is a new feature available for the first time this ...

September 10, 2020 

Taxes are paid as income is received during the year through withholding from pay, pension or certain government payments such as Social Security or unemployment; and/or making quarterly estimated tax payments.