Payroll
Latest News
Starting in 2025, the IRS Will Accept Duplicate Dependent Returns With an IP PIN
House Tax-Exempt Crackdown Bill Passes Despite Democrat Defections
Retailers Tell Senate Credit Card ‘Swipe’ Fees are ‘Adding Inflationary Pressure to the U.S. Economy’
The Top Toys and Gifts for the 2025 Christmas and Holiday Season
Medicare 101 for Accountants: Essential Information for CPAs Advising Retiree Clients
This article provides a comprehensive guide to Medicare basics, equipping CPAs with the knowledge needed to help their clients navigate this essential component of retirement planning.
Trump Pledges No Taxes on Overtime
Trump said his no-tax-on-overtime idea would help companies lure more workers and keep them on the job site for longer.
PwC to Give Pink Slips to 1,800 Employees Next Month
The Big Four firm is trimming about 2.5% of its U.S. workforce, primarily in its advisory practice and products and technology operations.
Teacher Pay Increased in 2023, But Still Lags Other College Graduate Professions
The average weekly wage of teachers has been falling behind that of other college graduates since 1996–when the teacher pay penalty was 6.1%–and more so since 2014.
AI is Reshaping the Hiring Process
While companies are hiring more, they're also receiving a flood of applications, making it harder for employers to select the right candidate and for employees to stand out.
IRS Extends Some Tax Filings For New York, Connecticut Flood Victims
Impacted residents and business owners have until Feb. 3, 2025, to submit a variety of tax filings and payments.
U.S. Household Income Rose 4 Percent in 2023, Median Level at $80,610
The U.S. Census Bureau has announced that real median household income increased by 4.0% between 2022 and 2023. At the same time, the official poverty rate fell 0.4 percentage points, to 11.1%, in 2023.
Virginia Accountant Sentenced For Wire Fraud Stemming From Embezzlement Ploy
Maria Reich, owner of On Call Accountants, was sentenced to four years in prison after pleading guilty to wire fraud in April.