Payroll October 30, 2026
5 Key Steps for the 2026 Year-End Payroll Close
The final payroll of 2026 may be weeks away, but many of the mistakes that can complicate year-end have already happened.
Accounting March 31, 2025
GASB Seeks Input on Disclosures for Severe Financial Stress and Probable Dissolution
The Governmental Accounting Standards Board issued a preliminary views document on March 31 regarding proposals associated with accounting and financial reporting for severe financial stress and probable dissolution disclosures.
Taxes March 31, 2025
Trump Orders Treasury and IRS to Eliminate Paper Checks
President Donald Trump signed an executive order last week that authorizes the federal government to begin phasing out the use of paper checks and switch exclusively to electronic payments this fall, with some limited exceptions.
Payroll March 31, 2025
Taxpayer Absorbs Full Tax Weight on Hardship Distribution
If a taxpayer is in dire need, the taxpayer may choose to take a “hardship distribution” from a qualified retirement plan. However, as shown in a new case, Campana, TC Memo 2025-23, 3/19/25, this doesn’t absolve any tax liability.
Payroll March 31, 2025
Patriot Payroll Ranks First for Payroll Tax Filing
U.S. News & World Report compared price, tax filing support, integrations and automations, and more to determine which popular payroll software options made the 2025 Best Payroll Software list.
Accounting March 31, 2025
insightsoftware Announces Global Expansion of JustPerform Financial Platform
The financial performance platform is now available in APAC, North America, the UK, and Ireland. (The company instentionally spells it's name in lower case.
Taxes March 31, 2025
IRS Data Shows Tax Refund Amounts Are 4.6% Higher This Tax Season
The IRS has sent more than 55.7 million refunds to taxpayers totaling nearly $179.5 billion thus far this tax season, an increase of 1.3% and 5.9%, respectively, from last year.
Accounting Standards March 31, 2025
AICPA Committee Approves Clarification to Standard Related to Financial Statement Preparation as Part of a CAS Engagement
The revised language clarifies that while not required to be applied, the accountant is not precluded from applying AR-C section 70, in whole or in part.
Taxes March 29, 2025
Happy 50th Birthday to the Earned Income Tax Credit
A component of the Tax Reduction Act, the EITC was signed into law by President Gerald Ford on March 29, 1975, and has become one of the federal government's largest anti-poverty programs.
Taxes March 28, 2025
Bank Secrecy Act Data Key to IRS-CI Cracking Many Financial Crime Cases
The IRS Criminal Investigation unit released new statistics on March 28 highlighting how the agency has investigated financial crimes using Bank Secrecy Act data.
Payroll March 28, 2025
What is the Average Salary in Your State?
According to a recent study from SoFi, which looked at the highest-paying states in the country, employees in 12 locations—including Massachusetts, California, Connecticut, and Maryland—earn significantly more than the national average salary.
Mergers and Acquisitions March 28, 2025
Aprio and RSM US Make a Deal
Top 30 firm Aprio and top five firm RSM US have reached an agreement for Aprio to acquire RSM's Professional Services+ practice operating in the U.S. and Canada.
Auditing March 28, 2025
AICPA Seeks Feedback on 2026-30 Strategic Priorities for Standard-Setting Panel
The Auditing Standards Board issues standards for auditing private companies, quality management standards for practitioners providing audit and attest services to private companies, and attestation standards.