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.
August 26, 2021
AICPA Announces New CPA Evolution Resource Competition
This competition seeks to promote the development of teaching resources for the new topics and learning objectives outlined in the CPA Evolution Model Curriculum. The Curriculum was designed to help accounting programs transition to prepare CPA ...
August 26, 2021
Bill.com Announces Q4 Financials; Reports 86% Revenue Increase
Bill.com, a provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and midsize businesses (SMBs), has announced financial results for the fourth quarter and fiscal year ended ...
August 26, 2021
AICPA Comments on Proposal Dealing with Fair Market Value of Partial Ownership Interests
While the AICPA believes that there are many provisions of the proposal that need clarification, are overly broad or need further thought or discussion, the letter focuses on the proposal requiring a partial interest owner to provide a value that ...
August 26, 2021
Inclusivity is Key to Organizational Performance
Though the research found that improving how a company carries out its purpose has the highest impact on perceived company performance and employee experience, 35% of respondents thought their company was not doing a good job in this regard.
August 26, 2021
Accounting Firms Waste 3,000 Hours Per Year on Bad Client Data
Early and frequent data management saves time on major tasks such as VAT returns and year end accounting.
August 25, 2021
AICPA Tips to Keep Critical Client Information Safe
Consumers have little faith in businesses to protect their personal and financial information. The recent news of the T-Mobile data breach – which included the names, social security numbers and driver’s license information of millions of Americans ....
August 25, 2021
Transaction Tax Will Take Bigger Piece of State and Local Revenue Pie
Nearly 18 months after the pandemic sent states and local jurisdictions searching for emergency funding to keep citizens services running and help prop up economies, the same localities are making transaction tax a bigger part of their revenue streams.
August 24, 2021
Vertex Launches Advanced Cloud-Based Solution for VAT Compliance
The advanced VAT compliance solution features integrated customizable rule-based data quality and validation tools, as well as workflow automation that maximizes data and return accuracy and minimizes risk of liability.
August 24, 2021
AICPA Recognizes Three Exceptional CPAs for Their Outstanding Work in Government
The American Institute of CPAs (AICPA) has presented Vaughn E. Caudill CPA, CGMA, COL USAR MS (RET) of San Antonio, TX with its 2021 Outstanding CPA in Government Career Contribution Award, honoring his dedication to the accounting profession.
August 24, 2021
Tax Credits Available to Small Biz to Provide Paid Leave for COVID Vaccines
The Treasury Department and the Internal Revenue Service have announced further details of tax credits available under the American Rescue Plan to help small businesses, including providing paid leave for employees receiving COVID-19 vaccinations.
August 24, 2021
Why the Players That Focus on Both Sides Will Win the B2B Payments Market
There are two sides to every payment—creation and receipt. When it comes to consumer payments, both sides are straightforward, especially with today's technology. But in the world of business payments, process complexity adds friction between them.
August 24, 2021
The Main Difference Between Cannabis Clients And Regular Businesses
Your cannabis clients are on a unique path. Since marijuana has been largely illegal in recent history, there's no tried-and-true business blueprint cannapreneurs can follow when it comes to growing and selling marijuana.