May 22, 2017
Farming has often been viewed as the backbone of the American economy. While technology and other recent developments may have changed this thinking, farmers still enjoy a preferred status, at least as federal income taxes are concerned. For instance, ...
May 1, 2017
Is 70 becoming the new retirement age? According to a recent CareerBuilder survey, 30 percent of U.S. workers ages 60 and older plan to retire at age 70 or older. Another 20 percent don't believe they will ever be able to retire.
March 15, 2017
Thomson Reuters has released a Checkpoint special report, The Sustainability Reporter: A deep-dive into the challenges and benefits of new corporate reporting processes, which examines the practicalities of sustainability reporting and how, in the ...
January 25, 2017
Most professional services providers understand that “standards” are a way of doing things -- the norm, or what is approved by some authority. Thus, the AICPA’s Statement on Standards for Valuations Services No. 1, known as SSVS No. 1, outlines how ...
December 7, 2016
President-elect Donald Trump has vowed to implement sweeping tax law changes during the early days of his administration. But we may not have to wait until Trump takes office for significant tax legislation to be enacted. A lame-duck session of ...
November 2, 2016
In order to increase productivity and reduce workload, many accounting firms are opting for software products like CRMs (Customer Relationship Management systems) that will help them get more clients, streamline processes, improve client relationships ...
October 25, 2016
The Internal Revenue Service has announced the tax year 2017 annual inflation adjustments for more than 50 tax provisions, including the tax rate schedules, and other tax changes. Revenue Procedure 2016-55 provides details about these annual adjustments.
October 12, 2016
The Thomson Reuters Checkpoint State Benefits Primary Law Library provides access to primary law for all 50 states plus the District of Columbia, and covers a wide range of topics in employee benefits law to help employers, advisors, attorneys and ...
October 3, 2016
Millennials are also much more likely to embrace nontraditional benefits and work/life balance than boomers. Nearly one-third of millennials (32%) ranked more paid time off, greater opportunities for flexible work arrangements and career advancement ...
September 19, 2016
Small business owners are finding that the implementation of the Affordable Care Act (ACA) has decreased the appeal of health care benefits to employees and increased retirement plans' importance as a tool to recruit and retain employees.
September 6, 2016
Many employers view time clocks merely as a way to automate the punch in/punch out process, but today’s time clock technology offers significant advantages beyond electronic punching.
September 6, 2016
Do you have clients who have botched IRA rollovers? It’s not unusual. Taxpayers can miss the 60-day deadline for a variety of reasons or it might simply slip their mind. The result can be a painful tax lesson.