Retirement September 30, 2026
History of Social Security COLAs
The predicted 2027 cost-of-living adjustment of 3.5% would rank 19th among the increases implemented since 1977, the first year Social Security began calculating the annual boost.
June 25, 2020
AICPA and CPA.com Launch OnPoint EBP on CaseWare Cloud Platform
Technology and evolving standards are transforming the way audits are being conducted. The AICPA has been a leader in this area, particularly in its work to define and develop the audit of the future through projects such ...
June 24, 2020
How to Modernize your Tax Practice – Part II: Empower Your Work and Team
There are many advantages to leveraging the cloud to consolidate your document storage. These include increased document accessibility, improved time management, and enhanced data security, not to mention a ...
June 24, 2020
Another Round? More Coronavirus Stimulus Payments May Be Coming Soon
The $3 trillion Health and Economic Recovery Omnibus Emergency Solutions Act (“HEROES Act”), already passed by the House, would again distribute $1,200 per person, via paper checks, direct deposit deposit or debit cards.
June 22, 2020
90% of Businesses Say Extension of PPP Program is Good
Despite initial uncertainty around the terms of their PPP loans, most business owners now indicate the PPP Flexibility Act will be meaningful for their businesses as they work to resume operations and bring back employees.
June 22, 2020
How Cloud-Based AP Automation Supports Business Continuity
Cloud-based AP is becoming an essential ingredient in modernizing and digitally transforming financial operations, while also insulating companies from business disruption, so companies can stay afloat...
June 21, 2020
Covid Victims Can Take Retirement Distributions with No Tax Penalty
A coronavirus-related distribution is not subject to the 10% additional tax that otherwise generally applies to distributions made before an individual reaches age 59 ½.
June 19, 2020
3 Reasons You’re Still Manually Entering Invoices (Even with Invoice Automation)
The Accounts Payable process continues to require too much manual handling, even after decades of automation efforts. Even the best invoice automation efforts range from 70-90% data ...
June 18, 2020
New AI White Papers for CPAs Explore Evolving Role in the Audit
With Artificial Intelligence (AI) increasingly impacting business and auditors, Chartered Professional Accountants of Canada (CPA Canada) and the American Institute of CPAs (AICPA) have partnered to produce two new white papers on the topic.
June 18, 2020
Estate Planning in an Abnormal Time
While no one can predict how long the current environment will last, practitioners are in a unique situation to advise their clients on how they might take advantage of current gift and estate planning opportunities.
June 17, 2020
Medius Introduces AP Automation Solution for Small Businesses on the US Market
MediusGo is the entry version of Medius' best-of-breed AP invoice automation offering, designed to support SME businesses by enabling unprecedented efficiency and control throughout the entire accounts payable process.
June 16, 2020
Business Strategies for the Next Wave of COVID-19
Events like COVID-19 are considered “Black Swans”. They are unpredictable and typically have severe consequences. They also create “losers” and “winners.” In addition to COVID-19, Black Swan events have included the 9-11 terrorist attack, the 2008 financi
June 16, 2020
IRS Warns Nursing Homes Not to Take Coronavirus Payments from Residents
The IRS is warning nursing home and other care facilities that Economic Impact Payments (EIPs) generally belong to the recipients, not the organizations providing the care. The IRS issued this reminder following concerns that people ...