Accounting
Latest News
Treasury, IRS Issue Guidance on Long-Term, Part-Time Employees in 403(b) Plans
Wolters Kluwer Provides Insights Into 2024 Natural Disaster Tax Relief Options
AICPA Submits Comments Regarding ‘Once Out, Always Out’ Pillar 2 Rule
IRS Proposes Regs to Exempt Tribal-Owned Companies From Income Tax
Independent Reconciliations: Three Steps to Maintaining the Integrity of Your ERP
While bank accounts are the most common form of reconciliation, to truly “close the books” we need to reconcile our entire trial balance. This ensures the integrity of the ERP data and prepares us for the audit season.
Guide Helps Employers Manage Expensing During Coronavirus Environment
Now, with most of the work force at home, spending oversight is even harder (and more important) than ever. With that in mind, Procurify recently launched a new guide - titled Control in a Crisis - to help companies to control spending during what may ...
Trump Signs $2 Trillion Coronavirus Relief Bill
The prospect of a long-term blow to the economy has prompted Trump to consider easing federal guidelines, despite warnings from governors, public health experts and some members of his own administration they should stay in place for longer.
Time to Spring Clean Your Computer to Safeguard Client Data
Taking these measures bi-yearly you are cleaning out unwanted and unnecessary files, and you are safeguarding your clients. Taking these precautions with the information stored on your devices is necessary in protecting your clients from possible ...
Congress Passes $2 Trillion Stimulus Package, Trump Signs into Law
The standard check payment is $1,200 per individual or $2,400 for married couples who file a joint tax return. In addition, a family will be entitled to receive an extra $500 per child. For this purpose, a “child” is defined the same way as the term is us
Coronavirus Stimulus: Here are the Details on Stimulus Payments
The standard check payment is $1,200 per individual or $2,400 for married couples who file a joint tax return. In addition, a family will be entitled to receive an extra $500 per child. For this purpose, a “child” is defined the same way as...
$2 Trillion Economic Stimulus Bill is Great Step for Small Businesses and Employees, Says AICPA
The American Institute of CPAs (AICPA) is praising the CARES Act, the Senate’s $2 trillion economic stimulus bill, and said it would provide substantial relief for small businesses and employees once signed into law.
IRS Suspends Most Payment Programs, Liens, Levies, Collections Activities
To help people facing the challenges of COVID-19 issues, the Internal Revenue Service announced today a sweeping series of steps to assist taxpayers by providing relief on a variety of issues ranging from easing payment guidelines to postponing ...