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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
AICPA Urges EEOC to Stop Investigating Accounting Partnership Retirement Practices
In a letter to the Equal Employment Opportunity Commission (EEOC), the American Institute of CPAs (AICPA) has asked commissioners to reject staff appeals to investigate and litigate against accounting firms regarding partner retirement provisions ...
8 Factors that Determine a Retired Partner’s Deferred Compensation
When partners retire, it goes without saying that they want to cash in their share of the firm’s value. But they want to do this in a way that enables the firm to continue as a successful, viable entity.
IRS Makes Canadian Retirement Plans Eligible for Automatic Tax Deferral Similar to IRAs
Americans and Canadians with registered retirement savings plans (RRSPs) and registered retirement income funds (RRIFs) now automatically qualify for tax deferral similar to that available to participants in U.S. individual retirement accounts (IRAs) and
Most Seniors Heavily Reliant on Social Security for Retirement
The Social Security Administration (SSA) recently released its Fast Facts & Figures about Social Security in 2014. The statistics show that for many retirees, Social Security is integral part of their savings with 65 percent of aged beneficiaries receivin
2014 Review of Professional Payroll Systems
The Affordable Care Act and changes to the minimum wage in many states and for many federal contractors has made payroll compliance more complex than ever.
How’s Your Retirement Savings? More than Half of Americans Think They Won’t Have Enough
A new survey says more than half of working Americans over age 50 (55 percent) don't think they'll have enough money for health care as they reach the age they expect to retire.
6 Major Tax and Financial Implications of Gay Marriage Ruling
What are the tax and financial issues of the Supreme Court's decision not to overturn gay marriage rulings in several new states? Although certain aspects are still being sorted out, here’s a brief summary of the lay of the land in several key areas.
CAMICO Partners with Underwriting Company to Expand Insurance for Accounting Firms
The program will further strengthen and expand CAMICO’s capacity for providing coverage and risk management services, especially to mid-sized and larger accounting firms of 15 or more professional staff.