Latest Articles

January 4, 2022 

The commemoration was a collaboration of the AICPA, Diverse Organization of Firms, Illinois CPA Society, National Association of Black Accountants, and National Society of Black CPAs, who collectively supported the creation and release of two ...

January 3, 2022 

Beginning Jan. 3, 2022, applications for recognition of exemption on Form 1024 must be submitted electronically online at Pay.gov. The IRS will provide a 90-day grace period during which it will continue to accept paper versions of Form 1024 ...

Isaac M. O'Bannon

January 3, 2022 

Let the beginning of the year be a time of self-reflection, both personally and professionally, so that your new year can be a time for new journeys and endeavors. When you look back at your past year, you can see how your work paid off and how ...

Amy Vetter

January 3, 2022 

Making changes to your clients’ operating model may require more cash flow, funding or loans. It can be overwhelming to assess those changes — and their impact on your long-term business strategy. Be your clients’ trusted advisor and work with them ...

January 2, 2022 

The tax law contains strict rules against certain types of “prohibited transactions.” If you’re not careful and comply with all the rules, you could trigger adverse tax consequences.

January 2, 2022 

The tax law provides a unique tax-saver for some people on their 2021 tax returns: They can save for retirement by contributing to an IRA and reduce their tax liability at the same time. Depending on their situation, IRA contributions may be wholly or ...

January 2, 2022 

Employees across the country have been empowered by the transformations in the world of work. The priorities of employees have evolved post pandemic. FlexJobs, a job site for flexible employment, reported 16 percent of 7,300 workers surveyed said they ...

Christopher Stark

January 2, 2022 

If you've mastered all the components of your role, your workday runs like a tight ship, with every piece moving in clockwork fashion. If that feels like a win, you're measuring excellence on a distorted scale.

Arianna Campbell

January 1, 2022  Sponsored

The great resignation has made hiring employees challenging. But the challenge doesn’t end when an employee starts with a firm.

December 30, 2021 

The acquisition of AccountantsWorld is a further strategic step in IRIS’ mission to revolutionize the professional accounting market in North America, bringing together leading technology, capability and deep sector knowledge to help accountants ...

December 28, 2021 

Recently the IRS surprised many people in the world of research and development (R&D) tax credits. Suddenly, companies filing retroactively to capture the credit on an amended return for prior years must now also include much more detailed supporting ...

December 28, 2021 

Employers and self-employed individuals who chose to defer paying part of their 2020 Social Security tax obligation, must make a payment by Jan. 3, 2022.