Small Business January 16, 2026
Succession Planning: A Critical Step for Small Business Stability and Growth
Succession planning isn’t a someday task, it’s a today imperative for protecting wealth, people and the future of your clients’ businesses.
Payroll April 5, 2023
4-Day Workweek Gains Lawmaker Support in Some States
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.
Accounting April 5, 2023
AICPA Sends Recommendations for Clarification and Expansion of Certain Provisions of Rev Proc. 2022-19
“Revenue Procedure 2022-19 provided much needed guidance and relief for S corporations which inadvertently terminate their S election,” said Jon Williamson, Senior Manager – AICPA.
Accounting April 5, 2023
AICPA Expresses Support for Bipartisan Supply Chain Disruptions Relief Act
In a letter to members of the U.S. Senate and the U.S. House of Representatives, the American Institute of CPAs (AICPA) expressed its strong support for the Supply Chain Disruptions Relief Act.
Firm Management April 5, 2023
3 Ways ChatGPT Can Help Accounting Firms
For accountants, the promise technologies like ChatGPT offer should generate genuine excitement and immediate relief.
Accounting April 5, 2023
Illinois’ Top CPA Exam Candidates Honored With Excel Awards
Each spring, ICPAS recognizes the individuals who exhibited superior achievements in passing the Uniform CPA Exam in Illinois during the previous year.
Firm Management April 4, 2023
Progress of Women in Leadership is Stalling
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.
Payroll April 4, 2023
There’s a Gender Gap in Home Buying, Too
In 2016, 19.4% of young single women owned a home, compared with 29.6% of young single men — a gap of 10.1 percentage points.
Taxes April 3, 2023
Busy Season Survival Secret? CRM!
The right CRM platform secures client aspects beyond contact data: purchase history, previous questions and communications, lifetime value, financials, and demographics...
Accounting April 3, 2023
Illinois CPA Society Announces 2023-2024 Board of Directors
The Illinois CPA Society has formally announced its new board of directors for the April 1, 2023, to March 31, 2024, fiscal year.
Payroll April 3, 2023
Hawaii was Best State at Preventing Covid Deaths
Hawaii had the lowest death rate in the nation, at 147 per 100,000, when age and underlying illnesses were taken into account, four times less than states such as Arizona.
Taxes March 31, 2023
New Tax Relief for Emergency Expenses
Beginning in 2024, employers may allow plan participants to use a special emergency savings account. This “sidecar account” is capped at $2,500.
Accounting March 31, 2023
86% of Accountants Expect Technology to Drive their Firms’ Growth in 2023
In 2023, accountants expect to spend an average of $15,800 on technology improvements and upgrades. Nearly half expect to invest in and adopt automation tools...