Benefits March 31, 2026
As Social Security faces potential insolvency in 2032, a new proposal from the nonpartisan Committee for a Responsible Federal Budget calls for capping benefits.
Accounting April 12, 2023
The spending plan includes goals and timetables covering areas such as operations support, enforcement, taxpayer services and IT modernization.
Taxes April 12, 2023
The IRS lists 21 different 1099 forms. Here is an overview of each form, as of March 2023, and why you could receive one.
Accounting April 11, 2023
Accounting firms looking to attract investors should ensure their tech stack is up to date. And if it’s not, now is the time to make improvements.
Taxes April 11, 2023
When you officially add your spouse to the company payroll, they are taxed on the compensation, but are also eligible for benefits just like any other employee.
Accounting April 11, 2023
Key findings from Grant Thornton’s 2023 Q1 CFO Survey found 54% of CFOs reported being optimistic or very optimistic about the economy.
Payroll April 11, 2023
The gap between the Black and White unemployment rate shrank to its narrowest level on record in March as African Americans saw outsize gains in employment.
Small Business April 10, 2023
The 27-cent retail delivery fee applies to all deliveries containing at least one taxable item that are made by motor vehicle to a location in Colorado.
Accounting April 7, 2023
Geoffrey Brown, CAE, received this award in recognition of his exceptional achievements while serving as NAPFA’s CEO, a position he held for nine years before joining ICPAS in late 2022.
Payroll April 5, 2023
In the past three years, at least six states — California, Hawaii, Maryland, New York, Pennsylvania and Washington — have considered bills to mandate, incentivize or allow the switch to a four-day week.
Firm Management April 4, 2023
Grant Thornton’s latest research reveals it has been slow, increasing only half a percentage point to 32.4% in the past year, and only 13% since the research was first undertaken in 2003.
Taxes March 31, 2023
Beginning in 2024, employers may allow plan participants to use a special emergency savings account. This “sidecar account” is capped at $2,500.
Taxes March 31, 2023
Expect some guidance from the IRS before the change takes effect. In the meantime, continue to take the old rules in account for retirement planning and tax purposes.