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.
Auditing April 22, 2024
EY Is the Busiest Among the Public Company Audit Firms
The Big Four firm audited 971 of the 6,607 public companies registered with the SEC in 2024, the most of any audit firm.
IRS April 22, 2024
If You Missed It, Here’s the IRS ‘Dirty Dozen’ Tax Scams List For 2024
The list serves as a reminder to remain vigilant about tax scams not only during tax season, but all year long, the IRS said.
Payroll April 22, 2024
2.6% Social Security COLA Estimated for 2025
If that estimate from The Senior Citizens League holds, the 2025 COLA number would be lower than the two previous years.
Payroll April 22, 2024
Here’s the Salary a Person Needs to Actually Take Home $100,000 in Every State
The analysis accounts for federal income taxes and withholdings for Social Security and benefits, as well as state and local taxes.
Advisory April 22, 2024
Summer Marketing Initiatives for Small to Mid-Sized Accounting Firms
The slower pace of summer offers a prime opportunity to engage with current clients in more relaxed settings and attract new clients who are preparing for the end-of-year financial rush.
Accounting April 19, 2024
Forbes Unveils Its Top 200 CPAs in the U.S.
The 200 finalists were selected through a review of over 1,000 CPAs from a variety of backgrounds, locations, and specializations.
Taxes April 19, 2024
Georgians Claimed Over $109 Million in Tax Deductions For ‘Unborn Dependents’
Georgia’s 2019 abortion law allows expectant parents to claim an embryo or fetus as a dependent on their taxes.
Accounting April 19, 2024
Virginia Accountant Admits to Stealing Over $1 Million From Client
Maria Reich, former president of On Call Accountants, pleaded guilty to eight counts of wire fraud as part of a plea agreement.
Accounting April 19, 2024
Decisions 2024 – So, What’s Next?
Embracing adaptability and continuous learning will equip us to thrive in an environment of economic uncertainty and rising costs.
Payroll April 18, 2024
What the DOL’s Proposed Overtime Rule Means For Small Businesses
The White House just approved a Labor Department proposal to raise the minimum salary exemption to $55,068 per year.
Taxes April 18, 2024
Boston IRS Agent Charged With Tax Fraud
Ndeye Amy Thioub was indicted on three counts each of filing false tax returns and filing false tax returns as an employee of the U.S.
Taxes April 18, 2024
IRS Raids Home of Rapper Tekashi 6ix9ine, Seizes Cars and Other Items
The rapper, whose legal name is Daniel Hernández, had his property seized for “nonpayment of internal revenue taxes.”