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 13, 2021
Work From Home, or Go Home from Work?
Whether you changed your own work environment as a result of the pandemic, or you experienced changes in relationships with colleagues, clients, customers, and companies, the variations in how we do our jobs certainly impacted everyone.
August 12, 2021
IRS Provides Gross Safe Harbor for Employee Retention Credit
The Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) have issued a safe harbor allowing employers to exclude certain items from their gross receipts solely for determining eligibility for the Employee Retention Credit (ERC).
August 12, 2021
AICPA Report: Businesses Still Struggle to Close the Gap Between Purpose and Action
The interdependency of purpose and profit is clearer than ever before, with executives reporting a significant jump in investor interest in purpose, values and culture. This was reinforced during the Covid-19 pandemic that demonstrated the links ...
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August 12, 2021
Nathan Wechsler Announces New Promotions
The regional accounting firm of Nathan Wechsler & Company, PA has announced the promotions of Marissa St. Onge, Callie Chase, and Brady Wentworth. Previously a senior, St. Onge steps into the role of supervising senior. Chase and Wentworth both move ...
August 12, 2021
Visual Lease Announces ASC 842 Proven Path
Visual Lease, a lease optimization software provider, has introduced ASC 842 Proven Path, a full end-to-end lease accounting solution for private companies with fewer than 100 leases. Similar to the company’s GASB 87 Complete solution, ASC 842 Proven ...
August 12, 2021
IRS Gives Relief to Some Employers Claiming Work Opportunity Tax Credit
The Internal Revenue Service is providing transition relief to certain employers claiming the Work Opportunity Tax Credit (WOTC). The WOTC is a federal income tax credit available to employers that hire certified members of certain groups ...
August 12, 2021
How Hospitality SMEs Can Transform Their Finance Department After a Pandemic
The coronavirus pandemic has been detrimental for the hospitality sector. More people are choosing to stay home to stay safe and to save money in the face of the largest recession since records began.
August 12, 2021
Expensify Awards 10 Winners of Community Justice Grant Challenge
Expensify.org, a charity founded by the preaccounting platform Expensify, has announced the 10 winners of the Community Justice Grant Challenge. These 10 grassroots organizations and individuals from across the world fighting injustice in ...
August 12, 2021
Baker Newman Noyes Announces 18 Senior Promotions
Baker Newman Noyes (BNN), a nationally recognized top 100 accounting and advisory firm, is excited to announce 18 senior-level promotions in its Manchester, NH, Portsmouth, NH, Woburn, MA, Boston, MA, and Portland, ME, offices.
August 12, 2021
What Went Right and Wrong in 2021 Tax Season
Tax preparers faced unprecedented challenges in the 2021 tax season, including last-minute tax law changes that needed to be incorporated into returns that may have already been filed and accepted by the IRS.
August 12, 2021
2021 Tax Breaks for Self-Employed Business Vehicles
The new 2022 car and truck models will be in dealership showrooms soon. If you’re in the market for a vehicle for your self-employed business, don’t forget to factor taxes into the equation.
August 12, 2021
Top 5 Accounting Trends for 2021 and Beyond
Like every other business sector, the accounting profession is rapidly changing. While some of these changes are a response to recent events, ever-changing technology is at the core of many of these accounting trends.