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.
Taxes May 22, 2023
AICPA Submits Suggestions for the 2023-2024 Guidance Priority List
As the IRS plans to prioritize providing additional guidance as stated in the IRS Strategic Operating Plan, the AICPA encourages the IRS to issue guidance on recommended areas.
Accounting May 22, 2023
Conducting Your Firm’s Security Briefing
All firms should have comprehensive computer and Internet usage policies in place to set guardrails on what is acceptable and secure usage of the firm’s technology infrastructure.
Taxes May 19, 2023
IRS Is Developing Its Own Free Tax Preparation System
The agency said on Tuesday it is taking steps to test out an IRS-run e-filing system called “Direct File” starting next year.
Accounting May 19, 2023
Your Firm and Your Tools – Top Technology Initiatives
The accounting profession is undergoing a rapid digital transformation. As a result, embracing innovative technology tools is crucial for public practice accounting firms to stay competitive, streamline operations, and provide exceptional client service.
Payroll May 19, 2023
Social Security COLA Likely Much Smaller in 2024, Study Says
The Senior Citizens League projects the cost-of-living adjustment for next year will increase by only 3.1%, its lowest since 2020.
Firm Management May 18, 2023
How Can Technology Help Accountants’ Mental Health?
In a high-demand field like tax and accounting, it is essential that employees feel support in their efforts to achieve work-life balance.
Accounting May 18, 2023
AICPA Says it Has a Plan to Fix the CPA Talent Shortage
With its Pipeline Acceleration Plan, the AICPA said it has a framework in place to make accounting more appealing to students.
Payroll May 18, 2023
Unemployment Drops as Economists Expect Tighter Conditions
Continuing claims, which include people who have received unemployment benefits for a week or more and are a good indicator of how hard it is for people to find work.
Advisory May 17, 2023
Made in the USA is Good for Small Businesses, Too
By bringing production closer, companies can often increase agility. Shipments that take months to fulfill internationally can be ordered, altered, and delivered within weeks.
Payroll May 15, 2023
Job Satisfaction in U.S. Hits All-Time High
62.3 percent of US workers were satisfied in 2022—up from 60.2 percent in 2021. That’s the highest level recorded since the survey began in 1987. Satisfaction has now surged for two consecutive years.
Small Business May 12, 2023
Financial Leaders Investing in Analytics, AI and Machine Learning Tools
Trends in the survey foreshadow an increased usage of analytic technology that improves productivity and supports more agile decision-making across the enterprise.
May 12, 2023
The Technology Lab Podcast – ChatGPT and Accounting Firms – May 2023
Randy and Brian discuss the practical application of ChatGPT for accounting professionals, as well as the possible benefits, limitations and risks.