Payroll July 16, 2026
62% of Workers Say Working Harder No Longer Leads to Financial Progress
A majority of American workers no longer believe that increased effort at work leads to meaningful financial progress.
October 2, 2020
IRS Targets Microcaptive Insurance Schemes
Also, as part of IRS’s continued focus in this area, the IRS has become aware of variations of the abusive micro-captive insurance transactions. Examples of these variations include certain Puerto Rico and offshore captive insurance arrangements that ...
October 2, 2020
BlackLine Acquires Rimilia
Rimilia is a provider of accounts receivable automation solutions that enable organizations to control cash flow and cash collection in real time. Using artificial intelligence (AI) and machine learning, the SaaS (Software-as-a-Service) platform ...
October 2, 2020
New Details Offered on IRS Syndicated Conservation Easement Settlements
The Internal Revenue Service Chief Counsel has released Chief Counsel Notice 2021-001 (CC Notice), which contains information regarding Chief Counsel’s settlement initiative for certain pending Tax Court cases involving abusive syndicated ...
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September 30, 2020
Biden 2019 Tax Returns Show High Income and High Tax Rate
On the joint 2019 return filed by Biden and his wife, Dr. Jill Biden, the couple paid almost $300,000 in federal taxes on approximately $985,000 of adjusted gross income (AGI), resulting in a relatively high effective tax rate of 29.5%.
September 30, 2020
CCH AnswerConnect Users Get Access to Paychex PPP Loan Forgiveness Calculator
Paychex’s PPP Loan Forgiveness Estimator assists business owners with understanding how much of their PPP loan may be forgiven by the federal government. When accessing the tool, CCH AnswerConnect users will be asked to input a variety of ...
September 30, 2020
Transforming Accounting Services Personnel to a Client Advisory Mindset
From all indications, the transformation of the accounting profession to a more advisory focus is already well under way. Taking a learning organization approach will help ensure that your firm develops a comprehensive client advisory mindset.
September 24, 2020
Greater Diversity in Leadership Creates More Positive Employee Experience
Companies with more women in executive and management roles deliver more positive employee experiences in terms of overall career growth, pay fairness, skill building, confidence in leaders and managerial support.
September 24, 2020
Should U.S. Broaden Mandate on Auditor Rotation?
Drawing on publicly available data, the AJPT study employs a novel method to focus on the years immediately preceding and following mandated partner rotations. Joining Prof. Whited as co-authors in the AJPT’s current issue are Huan Kuang and Matthew G.
September 24, 2020
IRS Takes Non-Employee Compensation Out of 1099-MISC: New Form 1099-NEC
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
FASB Not-for-Profit Advisory Committee Meeting Recap
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
Five Ways Sales Leaders Respond to Crisis
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
Nearly Half of CFOs Have Not Completed Any Digital Transformation Initiatives
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 ...