Benefits
How to Increase Retirement Savings
It’s never too late to begin. The sooner you start contributing to your employer-sponsored retirement plan or IRA, the better your chances for building a significant savings cushion.
Isaac M. O'Bannon
Managing Editor
isaac.obannon@cpapracticeadvisor.com
Isaac M. O'Bannon is the managing editor and digital content manager for CPA Practice Advisor (www.CPAPracticeAdvisor.com), drawing on two decades of experience covering the areas of professional accounting, taxation, business productivity and consumer technologies.
Prior to CPA Practice Advisor, O'Bannon was a consultant at firms in San Francisco, Denver and Tulsa, serving clients that included Logitech, Polycom, Hilti, Microsoft, the Stanford Research Institute, the University of Oklahoma's College of Engineering and other technology leaders. He is a U.S. Navy veteran.
Email: isaac.obannon - @ - cpapracticeadvisor.com
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Benefits
Income Taxes for Retirees: Easier, But Still Complex for Some
Think taxes get a lot easier when you retire? Like everything else in life, it depends, especially since the tax aspects of Social Security, 401(k) withdrawals and IRAs can get pretty confusing.
Income Tax
Lose Some Tax Documents? Here's How to Replace Them
Across the United States, millions of people are gathering their W-2s, 1099s, receipts, business expenses, mortgage and brokerage statements, student loan records and other documents they need to file their taxes.
Accounting
AICPA and CPA Canada Team Up On Forensic Advisory Services
New agreement gives CPAs in both countries access to same resources, credentials in rapidly growing, highly specialized practice areas.
Income Tax
Cheating On Income Taxes Not a Big Deal, Say 14% Of Americans
Fudge a few numbers on a tax return? It's illegal and could set a taxpayer up for some serious fines and penalties but ... 14 percent of Americans say it's not a big deal. Yet at the same time, a vast majority think tax preparer standards of competency are highly important.
Firm Management
Photo Gallery from the 2014 Thought Leader Symposium
Thanks to all of the participants in this year's CPA Practice Advisor Thought Leader Symposium, as well as our sponsors: Thomson Reuters, CCH, Intuit and Avalara.
Firm Management
Accounting & Finance Pros Have High Confidence in Careers
While professionals in some other fields may still be wary about the economy, accounting and finance professionals still have high confidence in the security of their jobs, and increasing confidence they could find a new one, according to a new survey.
Firm Management
Intacct Exec Named To List of Most Influential
The vice president of online accounting systems developer Intacct has been included on the CRN 2014 Channel Chiefs list and has been named as one of this year's 50 Most Influential.
Accounting
IFRS Trustees Reappoint Two Board Members to New Terms
The Trustees of the IFRS Foundation have reappointed Amaro Gomes (South America) and Pat Finnegan (North America) to serve second five-year terms as members of the IASB. The IFRS is responsible for the governance and oversight of the International Accounting Standards Board (IASB).
Income Tax
IRS Report Shows Significant Increase in Criminal Investigations in 2013
The Internal Revenue Service has released its Criminal Investigation (CI) Annual Report for fiscal year 2013, reflecting significant increases in enforcement actions against tax criminals and a robust rise in convictions, including identity theft.
Benefits
America Saves Week Reminds Everyone to be Prepared
Are you saving enough for retirement and overall financial security? Now many be a good time to examine just how prepared you are.
Small Business
Private Companies Had Slowest Sales Growth Rate in 5 Years
According to financial statements analyzed by Sageworks, a financial information company and the leader in the financial analysis of privately held companies, U.S. businesses grew sales at a rate of 5.4 percent in 2013.