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.
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
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.
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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.
Taxes June 13, 2023
IRS is Going After NIL Collectives’ Tax-Exempt Donations
An IRS memo says the name, image and likeness benefits provided to college athletes serve their private interests, not the public's interests.
Firm Management June 9, 2023
Stay Ahead of the Curve: Top AI Applications for Accounting CMOs and CGOs
To demonstrate how generative AI can assist you and your team in its day-to-day grind, I’ve created this content creation example using Chat GPT’s 3.5 model.
Taxes June 8, 2023
U.S., U.K. Begin Talks on Critical Minerals Agreement for EV Tax Credits
A critical minerals trade deal would allow U.K. businesses to benefit from incentives passed through the Inflation Reduction Act.
Taxes June 8, 2023
A New Approach to Make Next Tax Season Go More Smoothly
Accounting firms that embrace these technologies will be able to stay ahead of their competition and provide their clients with the highest quality services.
Accounting June 7, 2023
ForwardAI Launches Instant Payments to Improve SMB Cash Flow
Forwardly utilizes The Clearing House’s RTP network, and will support the Federal Reserve’s FedNow Service upon its launch in July.
June 6, 2023
Jessica E. McClain, CPA, CITP, CISA, PMP, CGFM – 2023 Most Powerful Women in Accounting
Jessica E. McClain, CPA, CITP, CISA, PMP, CGFM Chief Financial OfficerGirl Scouts Nation’s Capitalhttps://www.gscnc.org/ How do you envision the accounting profession evolving in the foreseeable future for women? With the increased emphasis on diversity, I envision more opportunities for flexibility that will allow women to manage home and caregiving responsibilities and the demands of a...…
June 6, 2023
Arianna Campbell, LSS – 2023 Most Powerful Women in Accounting
Arianna Campbell, LSS 2023 Most Powerful Women in AccountingShareholder ConsultantBoomer Consulting, Inc. How do you envision the accounting profession evolving in the foreseeable future for women? As more women rise to leadership positions, there will be more support for women throughout the profession. Representation matters. Women in leadership are role models whose presence encourages others...…
Firm Management June 2, 2023
Abdo LLP Merges In Minnesota Accounting Firm HG&K
The newly combined firm will continue to operate under the Abdo name, with shared values, brand, and vision.
Accounting June 1, 2023
Indiana CPA Society joins Accounting+ to Advance Diversity, Equity & Inclusion Within Accounting
Accounting+ is a first-of-its kind, profession-backed, campaign to actively engage high school and college students with dynamic, tailored resources on the benefits of a career in accounting.