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.
November 23, 2020
2020 Review of Avalara Returns for Small Business
Avalara Returns for Small Business www.Avalara.com From the 2020 reviews of sales tax compliance systems. Designed for small businesses that are looking to simplify the entire returns process, Avalara Returns for Small Business tackles the entire sales tax returns process from form preparation and filing, to sales tax remittance. Designed for automation, users only need...…
November 23, 2020
2020 Review of Sales and Use Tax Systems
Today, sales and use tax automation is a necessity for any retailer of any size. It doesn’t matter if you’re selling from a single location in Chicago, or have locations across the U.S., you need something that will properly collect and ...
November 23, 2020
Cryptocurrency Leader Bitstamp Selects Sovos for Tax Information Reporting
The partnership comes just ahead of the kick-off to the 2020 tax filing season in January. The IRS recently released its draft form for the season, moving virtual currency to page one of the standard 1040 form.
November 23, 2020
Corvee Adds Potential Tax Law Changes to Tax Planning Software
Corvee recently released the ability for tax and accounting firms to compare what their clients will pay and can save in taxes for 2021 under current law vs. Biden’s proposed policy all within their Tax Planning software.
November 23, 2020
Expensify Passes $100 Million in Annual Recurring Revenue
This year, Expensify has added a corporate card, travel booking, invoicing, and bill pay to its eponymous expense management offering. Additionally, the company launched a 501(c)(3) nonprofit, Expensify.org, which reimbursed grocery bills for ...
November 22, 2020
Payroll Issues Under a Biden Administration
While President Donald Trump has filed numerous lawsuits challenging the election results, Thomson Reuters has examined how a Joe Biden presidency could have a significant impact on employers. This is particularly true in the area of wage and hour, worker
November 22, 2020
Self-Directed 401(k) Balances Show Steady Growth in Q3
The average account balance across all participant accounts finished Q3 2020 at $302,256, a 9% increase year-over-year and a 6% increase from Q2 2020.
November 22, 2020
Increase in Flex Work Leads Employers to Consider New Pay Models
Many survey respondents reported that these new arrangements will require hybrid compensation models that for some employers include paying employees based on their geographic home base when they relocate.
November 20, 2020
AICPA Says Current IRS Penalty Relief Measures Are Not Enough
Following testimony given by IRS Commissioner Charles Rettig before the House Committee on Ways and Means, Subcommittee on Oversight, the American Institute of CPAs (AICPA) released the following statement from ...
November 20, 2020
Thomson Reuters Presents Awards for Best in Tax and Accounting, Legal
Because of the new challenges brought forth by the pandemic, we added a new category this year for COVID-19 response for tax and accounting,” said Brian Peccarelli, chief operating officer of Customer Markets for Thomson Reuters.
November 20, 2020
Xendoo Adds Integration with QuickBooks
Xendoo, a fintech company offering innovative online accounting and bookkeeping solutions with data-driven insights for small business owners, is now fully integrating QuickBooks into its proprietary platform.
November 20, 2020
BKD Launches New Health Care Denials Management Tool
The denials management tool is patient accounting system agnostic and provides a consolidated resource for claim denials. The tool provides real-time actionable denial insights for various levels and departments within an organization.