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.
May 16, 2022
Professionals on the Move – May 2022
Professionals on the Move is a round-up of recent promotions and new hires in and around the accounting profession.
May 16, 2022
Donating Your Andy Warhol? The Tax Implications
In May, 2022, Andy Warhol’s “Shot Sage Blue Marilyn” sold for a record $195 million, making the portrait of Marilyn Monroe the most expensive work by a U.S. artist ever sold at auction. The seller, the Thomas and Doris Ammann Foundation Zurich, is a ...
May 13, 2022
Businesses Increase Employee Mental Health Support, But Many Workers Are Still Struggling
Half of workers still report their mental health has deteriorated since the start of the pandemic, with 58 percent citing increased work hours or workload as taking the greatest toll. 84 percent of employees report they can’t stop thinking about work.
May 11, 2022
Your Firm and Your Upgrades – Throw It Out!
Prepare to replace all your end-user hardware. The value proposition became clear when presenting at a conference in the past week. 2022 is the start of a massive wave of technology innovation. I have seen this type of wave a few times in my career.
May 10, 2022
Patriot Partners with Vestwell to Offer Retirement Plans for Small Businesses
Patriot, powered by Vestwell, will offer 401(k) plans to all payroll customers giving them access to a fully integrated, modern, and customized workplace retirement plan. This partnership offers exclusive pricing benefits to support employers ...
May 10, 2022
AvidXchange Offers Straight Through Processing Capability to Automate Delivery and Receipt of Payments
STP offers a more convenient and reliable process by fully automating the delivery and receipt of payment. Once the buyer customer sends a payment, the funds flow directly to a merchant processer and then are deposited into the supplier customer’s bank...
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May 10, 2022
HubSync and Thomson Reuters Partner to Drive Automation and Innovation within Public Accounting
HubSync and Thomson Reuters will provide royalty-free and open access to each of their Application Programming Interfaces (APIs) and will work together to further build on their capabilities in automating and modernizing how ...
May 9, 2022
7 Ways to Improve Your Work-Life Balance as a Firm Owner and Accountant
Creating more balance in your life can help you take control of your future and your happiness. As a firm owner, you have the power to create your ideal life and your ideal firm. It’s just a matter of figuring out what that means for you, removing ...
May 9, 2022
8 Steps to Finding the Right Software Solutions to Run Your Firm (Part 1)
The right software will save your accounting firm time, money, and frustration. But finding the right solution isn’t as easy as using the first product you come across on a Google search or using the same solution that your friend at another firm uses.
May 9, 2022
Avalara MyLodgeTax Pro Simplifies Tax Compliance for Short-Term Rental Property Managers
MyLodgeTax Pro is designed specifically for professional property managers with 5–40,000 properties, who must navigate complex regulations to help mitigate compliance risk for their clients. As online marketplaces assume more responsibility for the ...
May 9, 2022
Three Steps to Building a Bulletproof Accounting Workflow Checklist
But are you using your workflow checklists to their fullest potential? Have you optimized your workflow checklists so you can delegate work to your team and ensure consistent, high-quality client deliverables without you being involved?
May 9, 2022
AICPA News: May 2022
AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants.