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.
October 1, 2020
How To Make Work Flexibility Work For Your Company
It’s worth revisiting your work-from-home policy from time to time to see what is and isn’t working. Ask for feedback and ask for what problems it’s causing people. Always be sure to iterate and test new ideas out to see if you can...
October 1, 2020
Everyware Honors Small Business Saturday To Help Local Businesses Thrive during the Pandemic
Contactless services and touchless payments are the backbone to business success today. Many local businesses cannot afford to build their own mobile app or maintain effectual customer communications while keeping overhead costs low.
October 1, 2020
Expectations Rise for Swift Processing of PPP Loan Forgiveness Applications
Reports from the U.S. Treasury Department have begun surfacing indicating that the federal agency expects to step up the pace of processing Payroll Protection Program (PPP) loan forgiveness applications later this week or early next week. Both the Nation’s Restaurant News and The Wall Street Journal are reporting that “a Treasury Department spokesperson” confirmed that...…
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September 30, 2020
Biden 2019 Tax Returns Show High Income and High Tax Rate
On the joint 2019 return filed by Biden and his wife, Dr. Jill Biden, the couple paid almost $300,000 in federal taxes on approximately $985,000 of adjusted gross income (AGI), resulting in a relatively high effective tax rate of 29.5%.
September 30, 2020
IRS Issues Statement on Potential Leak of Trump Taxes
On Wednesday, the Internal Revenue Service issued the following statement with regard to the New York Times report on President Donald Trump's taxes.
September 30, 2020
House Republicans Ask DOJ and Treasury to Investigate Leak of Trump Taxes
The top Republican on the House Ways and Means Committee and the top Republican on the Oversight Subcommittee sent letters to the IRS and the DOJ asking them to launch investigations into the unauthorized disclosure of the President’s tax information.
September 30, 2020
IRS Redesigns Website with Guidance for Closing Down a Business
The IRS streamlined the “Closing a Business” page into simple steps, so business owners and self-employed individuals can quickly find the information they need.
September 30, 2020
Crowdsourcing Innovation from Within: How Deloitte’s 2020 Audit & Assurance Innovation Challenge is Helping Drive New Talent Models and Inclusivity
COVID-19 has upended just about every part of business as we know it, especially with regards to how it is affecting the future of work. Many organizations, having realized that the impacts of the pandemic are here to stay, are now focused on ...
September 30, 2020
AICPA’s New Direct Examination Engagements Standard Uses a Practitioner’s Expertise when Evaluating Nonfinancial Information
SSAE No. 21 enables the practitioner to provide an opinion, without another party responsible for the underlying subject matter having first measured or evaluated the subject matter. The service will be helpful with new and ...
September 30, 2020
CCH AnswerConnect Users Get Access to Paychex PPP Loan Forgiveness Calculator
Paychex’s PPP Loan Forgiveness Estimator assists business owners with understanding how much of their PPP loan may be forgiven by the federal government. When accessing the tool, CCH AnswerConnect users will be asked to input a variety of ...
September 30, 2020
The Accountant’s Entity Guidebook
Ready to start your own accounting firm? Here's how to decide which entity type is best if when starting a new practice.
September 30, 2020
7 Ways to Automate Corporate T&E Policies
No two corporate T&E policies are exactly alike. AppZen Mastermind extends the power of AppZen Expense Audit to give enterprise finance teams the power to automate their specific T&E policies. Mastermind replicates and manages your ...