Payroll January 7, 2025
Should You Actively Trade in a Roth IRA?
Day trading in a Roth IRA is perfectly legal, but it may not be financially wise.
Firm Management June 14, 2023
Redefining Success: What It Looks Like When Growth Isn’t the Top Priority
A lifestyle accounting firm emphasizes the personal lives of their employees in a way that focuses on balance, which may look different from a firm where scaling financial growth is the main priority.
Firm Management June 14, 2023
Navigating the Competitive Recruitment Landscape: Marketing Strategies for Success
Summer is a wonderful time to update your firm’s recruiting marketing efforts because there are many opportunities to showcase employees.
Taxes June 14, 2023
When to Make Nondeductible IRA Contributions
When should you begin to make nondeductible contributions to your IRA?
Taxes June 14, 2023
AICPA Supports Changing Requirements to Form 1099-K Reporting Threshold
For many months, the American Institute of CPAs (AICPA) has expressed its concerns regarding the lowered Form 1099-K reporting threshold
Taxes June 14, 2023
Tax Curve Ahead for Business Vehicle Owners
Make sure you keep business use above the 50% level. In addition, maintain all the driving records required by the IRS.
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Taxes June 13, 2023
Foreign Intrigue on Taxable Income
A self-employed individual may claim the foreign earned income exclusion on foreign earned self-employment income.
Taxes June 13, 2023
IRS is Going After NIL Collectives’ Tax-Exempt Donations
An IRS memo says the name, image and likeness benefits provided to college athletes serve their private interests, not the public's interests.
Firm Management June 9, 2023
Stay Ahead of the Curve: Top AI Applications for Accounting CMOs and CGOs
To demonstrate how generative AI can assist you and your team in its day-to-day grind, I’ve created this content creation example using Chat GPT’s 3.5 model.
Taxes June 8, 2023
U.S., U.K. Begin Talks on Critical Minerals Agreement for EV Tax Credits
A critical minerals trade deal would allow U.K. businesses to benefit from incentives passed through the Inflation Reduction Act.
Taxes June 8, 2023
A New Approach to Make Next Tax Season Go More Smoothly
Accounting firms that embrace these technologies will be able to stay ahead of their competition and provide their clients with the highest quality services.
Accounting June 7, 2023
ForwardAI Launches Instant Payments to Improve SMB Cash Flow
Forwardly utilizes The Clearing House’s RTP network, and will support the Federal Reserve’s FedNow Service upon its launch in July.
June 6, 2023
Jessica E. McClain, CPA, CITP, CISA, PMP, CGFM – 2023 Most Powerful Women in Accounting
Jessica E. McClain, CPA, CITP, CISA, PMP, CGFM Chief Financial OfficerGirl Scouts Nation’s Capitalhttps://www.gscnc.org/ How do you envision the accounting profession evolving in the foreseeable future for women? With the increased emphasis on diversity, I envision more opportunities for flexibility that will allow women to manage home and caregiving responsibilities and the demands of a...…