Taxes June 21, 2023
Understanding Estate Planning Will Help Cut Your Tax Liability
By employing effective estate and tax strategies, business owners can optimize their financial legacies and minimize tax hurdles.
Accounting June 21, 2023
The Increased Urgency of a Modern Accounts Receivable Function
By streamlining payment processes, reducing administrative costs and gaining insights through enhanced visibility, businesses can enhance financial stability and liquidity.
Accounting June 21, 2023
Tax, Accounting and Legal Pros are Cautiously Optimistic about Generative AI
Twenty percent of respondents said their firm or company has warned employees against the unauthorized use of generative AI at work.
Taxes June 20, 2023
Democrats’ Latest Child Tax Credit Plan Pushes Bonus for Babies
House Democrats’ latest proposal to expand the child tax credit includes a new feature: a $2,000 payment for newborn babies.
Payroll June 20, 2023
The New Company Towns: Beware Employer-Subsidized Housing
Large companies like Meta and Tesla are creating developments with below market homes for employees. But do these "golden handcuffs" limit employee flexibility?
Advisory June 20, 2023
Commercial Insurance Rates Increased by 5.6% in Q1 2023
The aggregate commercial price change reported by carriers was an increase of 5.6%, up from the rate of 4.8% in the previous quarter.
Accounting June 20, 2023
How Cloud Hosting Fuels Talent, Consolidation, and Data Security
Many firms are looking to technology solutions to address these challenges, streamline productivity, reduce security risks, and focus on revenue-generation.
Payroll June 20, 2023
Paychex Charitable Foundation Donates $1 Million to National Urban League
The grant, which allocates $250,000 annually over four years, will support job training and workforce development programs in key markets where Paychex has a high concentration of employees.
Accounting June 19, 2023
Attention, Soon-to-be-Accountants: Governments Need You
A lack of accountants and auditors has left several municipalities without credit ratings. Here are a few ways to tackle this problem.
June 15, 2023
Conservatives’ Budget Plan Renews Battle Over Social Security Benefits, Tax Cuts
The proposal would gradually raise the age at which future retirees can claim full Social Security benefits from 67 to 69.
Taxes June 14, 2023
IRS, Treasury Issue Proposed Guidance on Monetization Options for Energy Tax Credits
The proposed rules released on June 14 focus on elective pay and transferability of credits under the Inflation Reduction Act.
Firm Management June 14, 2023
Redefining Success: What It Looks Like When Growth Isn’t the Top Priority
A lifestyle accounting firm emphasizes the personal lives of their employees in a way that focuses on balance, which may look different from a firm where scaling financial growth is the main priority.