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PKF O’Connor Davies Establishes PKF O’Connor Davies University to Enhance Team Members’ Continuing Education
FASB Private Company Council Meeting Recap
IRS Says It Saw ‘Strong Response’ From Direct File Pilot Users This Tax Season
Ryan Leads Charge Against Biden’s Ban on Noncompete Clauses
Mortgage Rates Climb to 7.17%
Mortgage rates in the U.S. increased for a fourth straight week. The average for a 30-year, fixed loan was 7.17%, up from 7.1% last week, Freddie Mac said in a statement Thursday.
More Companies are Enhancing Strategies to Retain Key Staff During M&As
Acquiring companies tend to offer retention agreements to more C-suite executives and their direct reports compared with other salaried employees.
Three in Four Family Businesses Expect to Grow This Year
Family businesses are growing—and many expect that to continue this year, despite financial concerns, Family Enterprise USA says.
Top 7 Reasons Why People Are Leaving Accounting Firms, According to PICPA
The Pennsylvania Institute of CPAs shares fresh data and insights on how accounting firms can better retain top talent.
Voters Want Ultra-Rich to Pay More Taxes to Save Social Security, Poll Shows
Voters in seven swing states support billionaires tax and trimming benefits for the wealthy more than raising payroll taxes.
FTC Rule Bans Non-Compete Agreements
In response, the global tax firm Ryan filed a lawsuit in a Texas federal court the same day, challenging the rule on the basis that it, "... imposes an extraordinary burden on businesses seeking to protect their intellectual property (IP) and retain top talent ...
U.S. Labor Dept. Expands Overtime Rules to 4 Million More Salaried Workers
The salary threshold will increase from its current $35,500 per year to $43,888 on July 1, 2024, then to $58,656 on Jan. 1, 2025.
Another Option for When Employee Bonuses Don’t Work
"Cash bonuses are extrinsic motivators that fail to alter attitudes that underlie our core behaviors and beliefs. At best, bonuses only temporarily change behavior."