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Professionals on the Move – Nov. 2024
Top Hyundai Exec Says EVs Are ‘the Future’ Even if Trump Kills Tax Credit
3 Reasons to Involve Your Children in Small Business Saturday
Review of Blue J – The Accounting Technology Lab Podcast – Nov. 2024
How Accounting and Tax Firms Can Use the ACA to Increase Revenue Opportunity
The passage of the Affordable Care Act (ACA) has brought major change to the accounting profession as individuals and companies are increasingly turning to accountants and tax preparers for help in complying with new health care mandates and ...
Now Is the Time to Use Flex Spending Accounts or Roll Over $500
The Internal Revenue Service is reminding eligible employees that now is the time to begin planning to take full advantage of their employer’s health flexible spending arrangement (FSA) during 2016.
Hosting Options Offer Many Benefits for Accounting Firms – 2015 Review of Hosting Providers
A terrific idea for businesses for a lot of reasons, application hosting allowed users to have online access to desktop versions of their software from any location – a win-win in the business world, where more and more employees are working from ...
The New myRA Retirement Accounts Give Americans New Savings Option
With millions of Americans lacking adequate retirement savings, the U.S. Department of the Treasury has launched myRA, a simple, safe and affordable new savings option for those who don’t have access to a retirement savings plan
Grace Period or $500 Rollover for Flexible Accounts? Take Your Pick
Do you provide flexible spending accounts (FSAs) for your employees? Generally, if the FSAs aren't emptied out by year-end, the employees must forfeit the unused funds ... forever.
Baby Boomers Born in 1945 Must Start Taking Minimum Distributions from Retirement Accounts
Known as required minimum distributions (RMDs), these payments normally must be made by the end of 2015. But a special rule allows first-year recipients of these payments, those who reached age 70½ during 2015, to wait until as late as April 1, 2016 ...
Thomson Reuters Offers Checklist to Help Accounting Pros Assess Healthcare Tax Issues
This checklist is designed to be a compliance aid to assist with identifying issues and opportunities with a client’s health care coverage readiness. However, it does not detail every potential issue that may be encountered.
5 Need-to-Know Retirement Pointers
In recent years, retirement planning has received plenty of attention. In 2011, the first of the baby boomers reached what used to be known as retirement age. That kicked off an 18-year run for boomers, who’ll be turning 65 at a rate of about 10,000 ...