July 7, 2016
Small-business owners expressed a growing level of frustration with politicians. When asked which party best represents them as an individual, more small-business owners responded with "neither party," than with Republican or Democratic.
July 7, 2016
Private sector employment increased by 172,000 jobs from May to June according to the June ADP National Employment Report.
July 6, 2016
Does your business offer discounts to its employees and family members? This can be a valuable fringe benefit to your workers and shows that you believe in your own brand. But does a discount qualify for a tax exclusion? It depends.
July 6, 2016
A stronger client focus was identified as the CEOs’ top strategic priority. Eighty-six percent are concerned about how to keep up with the differing wants and needs of millennials.
July 6, 2016
The survey also reveals that many organizations face a large challenge in moving toward a higher maturity of GRC activities – 43 percent of respondents say they are operating their compliance efforts at an ad hoc or fragmented/siloed level.
July 5, 2016
Does your business provide meals to its employees in your own cafeteria or by other means? Generally, the cost of this fringe benefit is deductible by the business and tax-free to the employees, but only as long as certain tax law requirements are met.
July 4, 2016
Retreats are not intended to be a walk on the beach. Effective retreats address tough issues. A healthy amount of conflict and disagreement serves as evidence that the group is addressing important, sensitive issues. Firms that adhere to these ...
June 28, 2016
Each year, The Society and The CPA Endowment Fund provide about $185,000 in financial support and outreach assistance to qualifying students who are working towards becoming CPAs. ICPAS scholarship programs are funded by contributions to the CPA ...
June 28, 2016
What’s better than a salary increase? For many employees, the addition of an equivalent fringe benefit may be preferable, due to the tax consequences. For example, if an employee is in the 25% federal tax bracket and receives a $10,000 raise, he or ...
June 28, 2016
This quarter, the top five external risks cited were: 1) oil/commodity prices, 2) U.S. economy pullback, 3) new/burdensome regulation, 4) the upcoming election/political uncertainty in the U.S., and 5) global growth/recession/volatility and capital ...
June 24, 2016
Partner income percentage is impacted much more by staff-partner ratio than by innate profitability. Many partners have a rule of thumb that 33% is an acceptable partner income percentage, and that to be truly profitable, 40% or more should be the ...
June 23, 2016
Miller, 34, is an information assurance associate with Macpage LLC, which has offices in Maine and Massachusetts. She is a summa cum laude graduate of the University of Massachusetts-Lowell in Lowell, Mass., and was licensed as a CPA in the state of ...