Accounting June 26, 2024
Accountants Hold Vital Role in Driving Financial Transformation
Data demonstrated that accountants overwhelmingly need to gain a greater understanding of what financial transformation means for their organizations.
Accounting June 26, 2024
Rightworks Acquires Cyber Security Firm Practice Protect
The acquisition will enable firms to manage risk, secure client data, and achieve regulatory compliance while using cloud and desktop applications in Rightworks OneSpace.
Payroll June 25, 2024
Workers Less Confident on Retirement
Four in 10 employees (41%) are not on the right track with respect to their finances, and nearly a quarter (21%) expect their financial situation to worsen over the next year.
Payroll June 25, 2024
Home Sales Dip Slightly, As Median Value Hits Record High of $419,300
Existing-home sales slightly declined in May as the median sales price climbed to a record high, according to the National Association of Realtors.
June 25, 2024
Failure to Keep Pace with Technology is Biggest Risk for Accounting Pros
95% agree that a willingness to learn and adopt new technologies is just as important to their success as traditional accounting skills.
Accounting June 24, 2024
Bloomberg Tax & Accounting Enhances Fixed Asset System
This new feature allows customers to leverage self-service automation to prepare, cleanse, and transform data from complex enterprise resource planning data directly into the Bloomberg Tax Fixed Assets system.
Accounting June 24, 2024
SAX Launches New E-Learning Platform for CPAs
Top 100 accounting, tax, and advisory firm SAX LLP has launched a new talent development initiative, leveraging the adaptive e-learning platform, Amplifire.
Accounting Standards June 24, 2024
NetSuite Launches New Solution for HIPAA Compliance for Healthcare Entities
NetSuite SuiteSuccess Healthcare Edition is an industry-specific pre-configured solution with pre-defined role-based dashboards, reports, KPIs, and workflows.
Taxes June 21, 2024
Majority of Outstanding High-Risk ERC Claims Expected to Be Rejected
The review involved months of digitizing information and analyzing data since last September to assess a group of more than 1 million Employee Retention Credit (ERC) claims representing more than $86 billion filed amid aggressive marketing last year.
Taxes June 21, 2024
Florida Fisherman Pleads Guilty to Evading $400K in Taxes
He is scheduled to be sentenced on Sept. 17 and faces a maximum sentence of five years in prison, a period of supervised release, restitution and monetary penalties.
Taxes June 21, 2024
IRS Offers Guidance on Exceptions to Tax on Early Emergency Retirement Distributions
A taxpayer is permitted to receive a distribution from an applicable eligible retirement plan to meet unforeseeable or immediate financial needs relating to necessary personal or family emergency expenses.
![Tax_Credits_smaller_1_.56789f809847e[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2020/12/Tax_Credits_smaller_1_.56789f809847e_1_.5fe242514640e.png)
Taxes June 21, 2024
New Draft Form of Form 6765 Released: Credit for Increasing Research Activities
Section G, which was labeled “Section F” in the version of the form that IRS shared last fall, requests the Business Component Detail.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
