Benefits
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Payroll Software Buyer’s Guide
Recap of the Accounting Thought Leader Think Tank – The Accounting Technology Lab Podcast – July 2024
How to Help Clients Navigate Nexus: A Guide for CPAs and Accountants
3 Reasons It May Look Like You Love the IRS More Than Your Family
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.
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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 ...
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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.
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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 ...
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What’s the Best Time to Start Drawing Social Security?
The federal government allows retirees to start drawing Social Security as early as age 62, a feature that more than 40 percent of Americans take advantage of as they gladly draw from the system they spent a lifetime paying into.
How to Collect Tax Benefits for Business Bad Debts
From a business perspective, there’s practically nothing worse than providing goods or services to a customer or client and not getting paid. Or maybe you’ve made loans to vendors or suppliers that haven’t been repaid. It can take a long time to get ...
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A Small Business Prescription for Health Insurance Premium Tax Credits
Employers are facing increased obligations in 2015 relating to the health insurance coverage provided to employees, but at least some small business owners might benefit from a special tax break.
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The Most Important Factors In Keeping Retirement Savings Safe
Don’t be so quick to simply accept what a financial advisor offers for your retirement – that’s the takeaway from multiple red flags since the 2008-09 economic crisis.