Taxes February 13, 2023
New Law Encourages Roth 401(k) Accounts
For 2023, a participating employee can contribute up to $22,500 in elective deferrals or up to $30,000 if they are age 50 or over.
Accounting February 13, 2023
The Impact of AI on the Accounting Profession
In late 2022, a new AI tool, called ChatGPT, exploded into the marketplace. Since then, it’s been mentioned in hundreds of online articles, in chatrooms, and in the media.
Firm Management February 13, 2023
Creating an Employee-First Culture
When employees feel valued, respected, and supported by leadership, your firm builds and sustains trust in its talent.
Taxes February 13, 2023
How the Tax Code Can Help Investors Keep Their Real Estate Wealth Stable During Retirement
To leverage a 1031 exchange, an investor has to ensure the income from a real estate investment property sale is reinvested (or “exchanged”) in like-kind property.
Accounting February 9, 2023
Programmable Money: How Virtual Cards Are Improving T&E Management
Companies don't want every employee to have a corporate credit card. When you have plastic walking around, it can be lost, stolen, or used fraudulently.
Taxes February 8, 2023
AICPA Sends Tax Proposals to Lawmakers
The 61 recommendations in the compendium include proposals related to employee benefits, individual income tax, international tax and tax administration, among others.
Payroll February 8, 2023
Here is Why SECURE Act 2.0 Matters for Those Retiring Soon
A Certified Financial Planner provides a summary of the most significant changes in the SECURE Act 2.0.
Firm Management February 8, 2023
Andersen Expands Presence in SoCal, Adds New Offices in Des Moines and Pittsburgh
The new Orange County professionals will join Andersen’s office in Costa Mesa, while the teams in Des Moines and Pittsburg will be a part of the Chicago Metro and New York Metro practices
Payroll February 7, 2023
Shell Shock: High Egg Prices Have Cities Allowing Backyard Chickens
Prompted in part by the sky-high price of supermarket eggs, city councils from Arizona to Florida to Oklahoma have approved ordinances.
Payroll February 4, 2023
U.S. Adds 517,000 New Jobs in January, Unemployment Rate Lowest Since 1969
Hiring topped all estimates in a Bloomberg survey of economists, which called for a 188,000 gain in payrolls and for the unemployment rate to rise to 3.6%.
Accounting February 3, 2023
Miami Woman Accused of Buying Bentley with PPP Funds
According to the indictment, Rendon submitted fabricated loan applications to lenders in New Jersey and Idaho by falsifying her company’s revenue, payroll, employees ...
Taxes February 3, 2023
R&D Tax Credit Misconceptions and Guidelines
With all the benefits of the R&D Tax Credit, some are looking for clarification on the best the procedures for acquiring the credit and applying it.