Benefits

September 24, 2020 

The 1099-NEC is used strictly for reporting independent contractor payments of $600 or more in the course of your trade or business. You will still be required to use the 1099-MISC for such items as royalties, rent, and healthcare payments.

September 23, 2020 

The FASB Not-for-Profit Advisory Committee (the Committee) held its semiannual meeting on September 10, 2020. Due to the COVID-19 pandemic, the meeting was held via video conference.

September 23, 2020 

As leaders, the first thing you do in times of crisis is to get your arms around your people. You need to ensure that they are safe, informed and confident. Safety and information proved to be the easier topics this week as you listened to the experts.

September 23, 2020 

The research, conducted during the period that COVID-19 was declared a pandemic and many companies were forced to rapidly shift to remote work, reveals that while nearly half of CFOs have not completed any digital transformation initiatives in ...

September 21, 2020 

In this issue of CPA Practice Advisor, we reviewed both document storage and document management systems, with a features chart included with the review.

Mary Girsch-Bock

September 21, 2020 

Retail sales continued to recover from the coronavirus pandemic in August, showing a gradual improvement from July and larger gains year-over-year, according to the latest report from the National Retail Federation. “While August retail sales numbers were a bit mixed, we believe the consumer is resilient and is in good shape as we head into...…

September 20, 2020 

Ginsburg’s death has also raised new doubts about the future of the Affordable Care Act, or Obamacare, the most far-reaching social legislation in a generation. The Supreme Court’s conservatives fell one vote short in 2012 of striking down the law.

September 17, 2020 

The Internal Revenue Service has released a state-by-state breakdown of the roughly nine million people receiving a special mailing this month encouraging them to see if they're eligible to claim an Economic Impact Payment.

September 17, 2020 

The new partnership provides a comprehensive and industry-first “subscription-to-cash” management and measurement capability that enables the two companies’ mutual SaaS customers to automate subscription billing, advanced collections workflows and ...

September 16, 2020 

Now that the conventions of both major parties have wrapped up, we’re heading into the home stretch of the presidential election race. Naturally, taxes will be a major point of contention.

Ken Berry, JD

September 16, 2020 

From the sudden expansion in remote working to new client service requests, the COVID-19 pandemic has had significant effects on how CPA firms do business. And while many disruptions might be behind us, the aftershocks will rumble on for some time.

Paul McDonald

September 16, 2020 

Millennials (24–39 years old) are approaching a milestone birthday as the first in the generation turns 40. And as they age, there's a chance they will become owners and beneficiaries of life insurance policies.