August 13, 2020
As a general rule, if you have clients who are U.S. citizens or resident aliens, and they live abroad, they are taxed on their worldwide income. However, they may qualify to exclude from income up to $105,900 for tax year 2019 ($107,600 for tax year 2020)
August 13, 2020
CCH Axcess Knowledge Coach PCR allows accountants to maximize efficiency by combining industry-specific guidance with a powerful and dynamic workflow engine to guide accountants dynamically and efficiently through the entire process ...
August 12, 2020
For services provided on or after Jan. 1, 2020, and for plan years beginning on or before Dec. 31, 2021, high-deductible healthcare plans (HDHPs) with HSAs provide coverage for telehealth or other remote care services without a deductible or having to ...
August 11, 2020
It’s impossible for anyone to sell every customer, every time. By increasing the number of opportunities you have, you greatly increase your profit potential and your network of satisfied customers.
August 11, 2020
Built specifically for firms that employ up to four tax and accounting professionals, this expert solution transforms how small accounting firms operate. It combines the proven cloud-based tax preparation capabilities of CCH Axcess Tax with the ...
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August 9, 2020
President Donald Trump announced four executive actions on Saturday, including continued expanded unemployment benefits and a temporary payroll tax deferral for some workers, as the coronavirus pandemic continues to hobble the U.S. economy.
August 6, 2020
Here are ten key takeaways that emerged from the Advanced PFP track with a focus on helping CPA financial planners guide their clients and their practice in this time of uncertainty.
August 5, 2020
Automated solutions wrap all payment types into a single workflow, making it easy to offer several options to suppliers without adding to AP’s daily workload. Because suppliers are continuously enabled for electronic payments via a ...
August 4, 2020
Federal, state, and local officials scrambled to support struggling businesses and individuals when the coronavirus (COVID-19) first hit. They placed temporary moratoriums on evictions, pushed income tax due dates to July 15, and waived interest and ...
August 4, 2020
The American Institute of CPAs (AICPA) joined a group of more than 170 organizations in a letter to House Speaker Nancy Pelosi (D-CA) and Senate Majority Leader Mitch McConnell (R-KY) encouraging a technical correction to address the tax treatment of ...
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July 29, 2020
As we head into August, when Congress is scheduled for a recess, lawmakers are poised to present another COVID-19 relief package to the president for his signature. But the Democratic-controlled House and the Senate Republicans still have to hash out ...
![unemployment11_11505634[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2020/07/unemployment11_11505634_1_.5f21dcd03c250.png)
July 29, 2020
Missed rent payments have grown -- 12.4% of renter households paid no rent during the first two weeks of July, up from 9.9% the previous year -- but by much less than might be expected given record levels of unemployment.