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.
May 20, 2021
New Unemployment Claims Drop to Lowest of Pandemic
Applications for U.S. state unemployment insurance fell last week to a fresh pandemic low, signaling steady improvement in the job market as remaining business restrictions are lifted.
May 20, 2021
Dry Cleaning Businesses Suffering as Pandemic Changed How People Dress
The shutdowns caused by the COVID-19 pandemic have devastated service industry businesses from florists and spas to restaurants and hotels. But, as pandemic-related restrictions are lifted and people slowly return to eating out and traveling, dry ...
May 20, 2021
Job Optimism Increases; Workers Ready to Return to Workplaces
There is also a new optimism that additional job opportunities will emerge later in the year, contrasting with results from last year in which negative sentiments weighed heavily on most respondents around the world.
May 20, 2021
Ah COVID-19, We Hardly Knew Ye
As the country's businesses are starting to get back to normal, or redefine normal as the case may be, it seems a good time to reflect on the nature of this beast we call pandemic and how thoroughly it took us by storm. From closed offices and remote ...
May 20, 2021
IRS Provides New COBRA Guidance
The Internal Revenue Service has new guidance on tax breaks under the American Rescue Plan Act of 2021 for continuation health coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA).
May 20, 2021
Bloomberg Tax & Accounting Streamlines Multistate NOL Management with New Software Enhancements
Building on the editorial standards of excellence found in the Tax Management Portfolios, State NOL Manager is embedded with Bloomberg Tax & Accounting’s world-renowned tax expertise, providing confidence that calculations are always up-to-date, ...
May 19, 2021
AICPA Proposes New Quality Management Standards for Firms
The American Institute of Certified Public Accountants has proposed three new standards on quality management for CPA Firms at the Firm and engagement levels. The proposed standards bring essential changes to the way firms oversee the quality of the ...
May 18, 2021
Job Descriptions and Essential Functions
Unlike common workplace policies such as time and a half pay for overtime or mandatory family and medical leave, which are legally mandated, no federal or state laws or regulations require employers to have written job descriptions.
May 18, 2021
AICPA Proposes New Quality Management Standards for Firms
The American Institute of Certified Public Accountants has proposed three new standards on quality management for CPA Firms at the Firm and engagement levels. The proposed standards bring essential changes to the way firms oversee the quality of the ...
May 18, 2021
Anduin to Showcase Intelligence-Based-Billing at 2021 Rainmaker SuperConference
Anduin, a new technology company helping accounting firms streamline their work-to-cash cycles with artificial intelligence, will be showcasing its Intelligence-Based Billing platform in its booth at the 2021 Rainmaker SuperConference taking place ...
May 18, 2021
AICPA Says Taxpayers Need More IRS Penalty Relief
With the May tax filing deadline now upon us, many taxpayers are still struggling to fulfill their tax obligations, putting them at risk for penalties and potentially collections activities. The American Institute of CPAs (AICPA) submitted a letter to ...
May 18, 2021
KPMG Uses Data Analytics and Cloud Tech to Resolve Tax Audits
To best help large multinational enterprises, middle market corporations and partnerships, and institutional and financial buyers prepare for and respond to controversies and disputes, KPMG leverages its proprietary Digital Gateway technology, which ...