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Benefits

Proposal Calls for Cap on Social Security Payments for Couples Who Collect Over $100K

Benefits March 31, 2026 

Proposal Calls for Cap on Social Security Payments for Couples Who Collect Over $100K

As Social Security faces potential insolvency in 2032, a new proposal from the nonpartisan Committee for a Responsible Federal Budget calls for capping benefits.

Featured Articles

March 31, 2026  

Why Claiming Social Security Early Can Reduce Your Retirement Check for Life

March 24, 2026  

Social Security Recipients Get Some Bad News

March 24, 2026  

Estimated 2027 Social Security Increase Likely Not Enough for Seniors, Advocates Warn

March 10, 2026  

Social Security Launches Streamlined Process for This Key Document

March 10, 2026  

Column: Social Security Fairness Act Windfalls Can Surprise Some Seniors with Higher Property Tax Bill
Free CPE Webcast: Small Business, Big Benefits: Navigate Upcoming Retirement Plan Deadlines and New Tax Advantages

Firm Management July 12, 2023 

Free CPE Webcast: Small Business, Big Benefits: Navigate Upcoming Retirement Plan Deadlines and New Tax Advantages

With the recent passage of new legislation known as “SECURE 2.0,” tax credits for small business owners are significantly larger, meaning they can essentially start their company retirement plan for free.

U.S. Employers Expect 4% Payroll Increases in 2024

Payroll June 29, 2023 

U.S. Employers Expect 4% Payroll Increases in 2024

Though down from the actual increase of 4.4% in 2023, the numbers remain higher than the 3.1% salary increase budget in 2021 and years prior.

Isaac M. O'Bannon

Tax and Accounting Best Practices for Cryptocurrencies

Accounting June 27, 2023 

Tax and Accounting Best Practices for Cryptocurrencies

As a tax and accounting professional, you will encounter clients who require guidance regarding investing in cryptocurrencies and digital assets.

KPMG to Lay Off 5% of U.S. Workforce in Second Round of Job Cuts

Accounting June 26, 2023 

KPMG to Lay Off 5% of U.S. Workforce in Second Round of Job Cuts

Unlike in February when the firm let go of 2% of its workforce, mostly in advisory, these job cuts will impact tax and audit.

Jason Bramwell

BDO USA is Shifting From a Partnership to a Corporation

Firm Management June 26, 2023 

BDO USA is Shifting From a Partnership to a Corporation

The sixth largest accounting firm in the U.S. will be known as BDO USA P.A. after the change in its structure becomes official July 1.

Jason Bramwell

How Solid HR Practices Can Help Combat the Quiet Quit

Payroll June 22, 2023 

How Solid HR Practices Can Help Combat the Quiet Quit

Creating a connected, meaningful work atmosphere can go a long way toward combating the quiet quit and re-sparking employee enthusiasm. 

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Firm Management June 22, 2023 

Building Your Internal Advisory Team

Let's explore what it takes to build a successful internal advisory team: from finding your why to identifying the roles ripe for becoming internal advisors.

Arianna Campbell

Understanding Estate Planning Will Help Cut Your Tax Liability

Taxes June 21, 2023 

Understanding Estate Planning Will Help Cut Your Tax Liability

By employing effective estate and tax strategies, business owners can optimize their financial legacies and minimize tax hurdles.

Financial-Data-and-Mag-Glass1

Accounting June 21, 2023 

The Increased Urgency of a Modern Accounts Receivable Function

By streamlining payment processes, reducing administrative costs and gaining insights through enhanced visibility, businesses can enhance financial stability and liquidity.

Tax, Accounting and Legal Pros are Cautiously Optimistic about Generative AI

Accounting June 21, 2023 

Tax, Accounting and Legal Pros are Cautiously Optimistic about Generative AI

Twenty percent of respondents said their firm or company has warned employees against the unauthorized use of generative AI at work.

Isaac M. O'Bannon

Democrats’ Latest Child Tax Credit Plan Pushes Bonus for Babies

Taxes June 20, 2023 

Democrats’ Latest Child Tax Credit Plan Pushes Bonus for Babies

House Democrats’ latest proposal to expand the child tax credit includes a new feature: a $2,000 payment for newborn babies.

The New Company Towns: Beware Employer-Subsidized Housing

Payroll June 20, 2023 

The New Company Towns: Beware Employer-Subsidized Housing

Large companies like Meta and Tesla are creating developments with below market homes for employees. But do these "golden handcuffs" limit employee flexibility?

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