Latest Articles

December 1, 2018 

The IRS is also relaxing procedural and administrative rules that normally apply to retirement plan loans and hardship distributions. As a result, eligible retirement plan participants will be able to access their money more quickly with a minimum of ...

December 1, 2018 

Randy Johnston, CEO, Network Management Group, Inc. and Brian Tankersley, Principal of Tankersley Consulting, announce the launch of the 6th Annual Accounting Firm Operations and Technology (AFOT) Survey. The AFOT Survey will remain open through ...

December 1, 2018 

Research shows that more than 70 percent of U.S. young adults between 18 and 24 are active on Instagram. The IRS plans to use Instagram to better serve this segment of the population, sharing content on tax topics that affect all taxpayers.

November 30, 2018 

Letting clients pay by credit or debit card is even easier when you have card information on file from the get-go. This free authorization form can help you get started with online payments and protect your firm against payment disputes.

November 29, 2018 

With this latest release, AccuFund builds on its popular user interface and offers new industry leading features that streamline and enhance government and nonprofit operations.

November 29, 2018 

The 2017 Tax Cuts and Jobs Act (TCJA), legislation passed in December 2017, made major changes to the way the U.S. taxes foreign activities. Significant new provisions include a dividends-received deduction for dividends from foreign subsidiaries and ...

November 28, 2018 

Holiday shopping is in full swing and consumers still have a lot more spending to do as they check off every item on their holiday wish list, according to a new consumer sentiment survey released today by the National Retail Federation and Prosper ...

November 28, 2018 

The acquisition will significantly advance Paychex's leadership position in HR outsourcing, leveraging the scope of the company's technology platform and providing new clients access to Paychex's innovative products and technology-enabled services.

November 28, 2018 

Creating a positive corporate culture is top of mind for employers looking to recruit and retain talent, according to a new study from global staffing firm Robert Half. The research examines why workplace culture is increasingly under ...

November 27, 2018 

In general, gift and estate taxes are calculated, using a unified rate schedule, on taxable transfers of money, property and other assets. Any tax due is determined after applying a credit – formerly known as the unified credit – based on an ...

November 27, 2018 

The TCJA doubles the standard deduction amount for all filing statuses. The standard deduction is a dollar amount that reduces the amount of income on which a taxpayer is taxed and varies according to their filing status. Because of this, many ...

November 27, 2018 

The IRS can more efficiently verify income that individuals report on their tax returns because of the Jan. 31 deadline; this helps prevent fraud. File these forms correctly and timely to avoid penalties. IRS e-file is the quickest, most accurate and ...