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.
September 3, 2020
IRS Keeps Interest Rates Steady for 4th Quarter 2020
Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.
September 3, 2020
AICPA Guidance Offers Health Care Businesses Options When Considering an Accounting Model for a Government Grant
The 10 pages of nonauthoritative accounting guidance developed by the AICPA Health Care Expert Panel addresses questions regarding CARES Act provisions and COVID-related FEMA funding specific to nongovernmental health care entities...
![logo_trans_new[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2020/09/logo_trans_new_1_.5f51007e6553b.png){kind=logo}
September 3, 2020
Washington Accounting Firm Armour & Associates Acquired by Frost & Company, PLLC
An independent member of the BDO Alliance USA, Frost & Company, PLLC offers assurance, compliance, consulting, business accounting, and more. For further information, visit frostco-cpa.com.
September 3, 2020
Armanino Provides Real-Time Attest to Leading Digital Asset Investment Firm CoinShares
Public and open visibility into reserves, combined with on-demand attest reporting, creates a new standard of trust for the crypto and digital asset industry. Investment firms now have a reliable tool to ...
September 3, 2020
Fintech-Focused Startup Accelerator Seeks Applicants for 2021 Program
Launched in 2017, the accelerator is open to early-stage companies in the United States and abroad. Successful applicants can tap business intelligence about the accounting profession from senior leaders of ...
September 3, 2020
Execs Optimistic on Their Own Business Growth, But Not on U.S. Economy Overall
Some 43 percent of survey respondents said their companies plan to expand in the next 12 months, up from 24 percent last quarter. Business executives’ optimism about their own companies’ prospects saw a similar rise from ...
September 3, 2020
Vena Solutions Receives $25 Million in Financing from CIBC Innovation Banking
Backed by JMI Equity, Vena has established its position as a market leader with more than 800 clients around the world. Vena connects existing systems with an Excel interface and powerful integrated planning capabilities to ...
September 2, 2020
Businesses Need to be Careful When Choosing a Payroll Provider
Employers should be prudent when selecting a payroll service providers, as some disreputable organizations can fail to deposit employment taxes, leaving businesses vulnerable to unpaid bills.
September 2, 2020
With Travel at Record Lows, Hotels Continue to Struggle Amid Covid-19 Pandemic
Almost two-thirds (65%) of hotels remain at or below 50 percent occupancy, which is below the threshold at which most hotels can break even and pay debt.
September 2, 2020
Benefits and Facts About the Opportunity Zones Tax Incentive
The Tax Cuts and Jobs Act included changes for businesses and individuals. One of these is the creation of the Opportunity Zones tax incentive, an economic development tool that allows people to invest in distressed areas
September 2, 2020
Professionals on the Move: Sept. 2020
Professionals on the Move is a round-up of recent promotions and leadership changes in firms across the country.
September 2, 2020
IRS Launches BBA Partnership Audit Website
A partnership is subject to BBA unless it is an eligible partnership and makes an annual election out of BBA on a timely filed Form 1065. An eligible partnership is one with 100 or fewer partners, all of whom are either ...