Accounting January 19, 2023
As U.S. Hits Debt Limit, Treasury Starts “Special Measures”
The Treasury Department is beginning the use of special measures to avoid a U.S. payments default, after the federal debt limit was reached Thursday.
Payroll January 18, 2023
61% of North American Workers Stress More Over Finances than Last Year
More than 4,200 workers across the United States and Canada were surveyed to analyze three clusters of people – Stressed, Unsettled, and Comfortable – and to understand ...
Small Business January 18, 2023
Business Leaders Optimistic for 2023, But Inflation and Staffing Worries Linger
According to a new survey, 70% of business leaders said they anticipate their revenue to increase year-over-year. However, they reported that the challenges of the past three years have contributed to ongoing stress.
Firm Management January 18, 2023
Goering & Granatino, P.A Joins the BDO Alliance USA
The Overland Park, KS, firm of Goering & Granatino, P.A. has joined the BDO Alliance USA, a nationwide association of independently owned local and ...
January 17, 2023
How the CPA, CMA and EA Credentials Have Become Global Designations
Rather than being constrained towards a single country, accounting credentials such as Certified Public Accountant (CPA), Enrolled Agent (EA) and Certified Management Accounting (CMA) are quickly turning into global designations.
Accounting January 16, 2023
AbacusNext Announces Key Executive Appointments to Advance Growth Initiatives
AbacusNext has announced the addition of Greg Reynolds as chief technology officer, Arik Moav as chief financial officer, and James O’Connell-Cooper as senior vice president of marketing.
Taxes January 13, 2023
Trump Companies Fined $1.6 Million for Tax Fraud Conviction
Trump Corporation and Trump Payroll Corporation were sentenced on Friday to pay the hefty sum.
Taxes January 12, 2023
IRS Says 2023 Filing Season to Start on Jan. 23
The IRS is expecting more than 168 million individual tax returns to be filed this year, most coming before April 18.
Firm Management January 11, 2023
What Clients Want vs. What Many Firms are Delivering
Most practitioners pride themselves on delivering accurate, complete, and timely information to clients, and engaging with them in a friendly and focused way.
Payroll January 10, 2023
Here’s How Your 401K or IRA Will be Affected by the New Retirement Fund Rules
Let's look at eight provisions outlined in the Senate Finance Committee's breakdown of Secure 2.0 Act.
Taxes January 9, 2023
Rep. Jason Smith Picked to Lead House Ways and Means Committee
At 42 years old, Smith will become the youngest-ever chairman of the powerful tax-writing panel.
Taxes January 9, 2023
IRS Corrected 14 Million Tax Returns with Average Refund of $1,232
Many of the 12 million refunds come from a change in the way unemployment insurance was taxed.