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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
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Advisory June 20, 2023 

Commercial Insurance Rates Increased by 5.6% in Q1 2023

The aggregate commercial price change reported by carriers was an increase of 5.6%, up from the rate of 4.8% in the previous quarter.

Isaac M. O'Bannon

How Cloud Hosting Fuels Talent, Consolidation, and Data Security

Accounting June 20, 2023 

How Cloud Hosting Fuels Talent, Consolidation, and Data Security

Many firms are looking to technology solutions to address these challenges, streamline productivity, reduce security risks, and focus on revenue-generation.

Christopher Stark

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Payroll June 20, 2023 

Paychex Charitable Foundation Donates $1 Million to National Urban League

The grant, which allocates $250,000 annually over four years, will support job training and workforce development programs in key markets where Paychex has a high concentration of employees.

Isaac M. O'Bannon

Attention, Soon-to-be-Accountants: Governments Need You

Accounting June 19, 2023 

Attention, Soon-to-be-Accountants: Governments Need You

A lack of accountants and auditors has left several municipalities without credit ratings. Here are a few ways to tackle this problem.

Conservatives’ Budget Plan Renews Battle Over Social Security Benefits, Tax Cuts

June 15, 2023 

Conservatives’ Budget Plan Renews Battle Over Social Security Benefits, Tax Cuts

The proposal would gradually raise the age at which future retirees can claim full Social Security benefits from 67 to 69.

IRS, Treasury Issue Proposed Guidance on Monetization Options for Energy Tax Credits

Taxes June 14, 2023 

IRS, Treasury Issue Proposed Guidance on Monetization Options for Energy Tax Credits

The proposed rules released on June 14 focus on elective pay and transferability of credits under the Inflation Reduction Act.

Jason Bramwell

Redefining Success: What It Looks Like When Growth Isn’t the Top Priority

Firm Management June 14, 2023 

Redefining Success: What It Looks Like When Growth Isn’t the Top Priority

A lifestyle accounting firm emphasizes the personal lives of their employees in a way that focuses on balance, which may look different from a firm where scaling financial growth is the main priority.

Jeannie Ruesch

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Firm Management June 14, 2023 

Navigating the Competitive Recruitment Landscape: Marketing Strategies for Success

Summer is a wonderful time to update your firm’s recruiting marketing efforts because there are many opportunities to showcase employees.

Becky Livingston

When to Make Nondeductible IRA Contributions

Taxes June 14, 2023 

When to Make Nondeductible IRA Contributions

When should you begin to make nondeductible contributions to your IRA?

Ken Berry, JD

AICPA Supports Changing Requirements to Form 1099-K Reporting Threshold

Taxes June 14, 2023 

AICPA Supports Changing Requirements to Form 1099-K Reporting Threshold

For many months, the American Institute of CPAs (AICPA) has expressed its concerns regarding the lowered Form 1099-K reporting threshold

Isaac M. O'Bannon

Tax Curve Ahead for Business Vehicle Owners

Taxes June 14, 2023 

Tax Curve Ahead for Business Vehicle Owners

Make sure you keep business use above the 50% level. In addition, maintain all the driving records required by the IRS.

Ken Berry, JD

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Taxes June 13, 2023 

Foreign Intrigue on Taxable Income

A self-employed individual may claim the foreign earned income exclusion on foreign earned self-employment income.

Ken Berry, JD

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