Taxes January 21, 2025
Trump to Impose 25% Tariffs on Mexico and Canada by Feb. 1
Both Canada and Mexico have said they’d retaliate against American goods if Trump slaps tariffs on them. The USMCA is up for review in 2026.
Accounting April 25, 2024
Feds Accuse Kansas CPA of Embezzling Money From Client to Build New Home
Quintin Flanagin allegedly created a fake business called Middle Finger Ranch and linked it to his personal bank account.
Small Business April 25, 2024
Three in Four Family Businesses Expect to Grow This Year
Family businesses are growing—and many expect that to continue this year, despite financial concerns, Family Enterprise USA says.
Accounting April 25, 2024
Top 7 Reasons Why People Are Leaving Accounting Firms, According to PICPA
The Pennsylvania Institute of CPAs shares fresh data and insights on how accounting firms can better retain top talent.
Taxes April 25, 2024
Voters Want Ultra-Rich to Pay More Taxes to Save Social Security, Poll Shows
Voters in seven swing states support billionaires tax and trimming benefits for the wealthy more than raising payroll taxes.
Firm Management April 24, 2024
Number of the Day: 52.2
That number is the average age of a public accounting firm partner, down from 52.6 last year, according to INSIDE Public Accounting.
Taxes April 24, 2024
IRS Forms New Office to Help People Settle Their Tax Disputes More Quickly
An arm of Appeals, the Alternative Dispute Resolution Program Management Office will look to revitalize existing ADR programs.
Taxes April 24, 2024
Bipartisan Bill Would Force IRS to Fix Issues With Math Error Notices
The bill, introduced in both the House and the Senate, would require the IRS to spell out exactly what the error on the return is.
Firm Management April 23, 2024
FTC Rule Bans Non-Compete Agreements
In response, the global tax firm Ryan filed a lawsuit in a Texas federal court the same day, challenging the rule on the basis that it, "... imposes an extraordinary burden on businesses seeking to protect their intellectual property (IP) and retain top talent ...
Accounting April 23, 2024
Rider University Starts First-of-its-Kind Apprenticeship for Accounting Grads
The new program allows recent accounting graduates to earn the required credits to obtain their CPA licensure at a reduced cost.
Accounting April 23, 2024
ADM Says Former CFO to Resign After Accounting Probe
Vikram Luthar, who was placed on leave earlier this year amid an accounting investigation, has agreed to resign effective Sept. 30.
Payroll April 23, 2024
Job Confidence Dips Among U.S. Workers
New LinkedIn data shows that Americans are feeling less secure in their jobs than in January, and the unemployed feel very pessimistic.
Firm Management April 22, 2024
How CPAs Can Compete in the AI Race
Here are a few principles every CPA firm can leverage to successfully compete with all firms in this dawning AI technology wave.