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Report Says Undocumented Immigrants in U.S. Pay Nearly $100 Billion in Taxes
Emburse and Finexio Partner for B2B Payments
How Generative AI Will Disrupt Accounting
Mid-Market Optimism Hits Pre-Covid Record Highs
The Hustle: Nearly Half of U.S. Workers Have a Side Gig
The average otherwise-employed side hustler brings in an extra $1,122 per month by working 12 hours a week. For most (66%), the extra money accounts for less than half of their monthly earnings. However, 3 in 10 say the extra income is needed to pay ...
Small Business Wages and Hiring Growth Hold Stready
The South continues to lead regions in employment growth; the West remains the top region for hourly earnings growth. Dallas is again the top metro for job growth; San Diego continues to lead metros for wage growth.
New Proposed Legislation Aims to SECURE Retirement Savings
On May 23, 2019, the House of Representatives overwhelmingly passed the “Setting Every Retirement Community Up for Retirement Enhancement” (SECURE) Act, a somewhat contorted name, which includes a bevy of provisions designed to help Americans ...
Medicare 101: Coaching Your Clients about Medicare Coverage
Tax professionals should be up to speed with the rules and offer advice to clients and prospects who are nearing retirement and the age of 65. The following article explores the various Medicare plans and enrollment, how Medicare interacts with other ...
Millennials and Retirement: Majority Are Off To Good Start
Millennials catch a lot of heat these days for the numerous things they do wrong. So the question remains, does this generation get anything right? Well, according to a new LendEDU study, they might be getting at least one thing right: saving for retirement. Through surveying 1,000 Americans aged 23 to 38, we found that […]
Are Vacations Worth the Debt?
Money matters are actually more likely to put a damper on summer fun. And that can happen leading up to a vacation, while you’re away, or after you get back. Travelers are more than twice as likely to worry about money than terrorism ...
ADP Expands Instant Pay and Financial Wellness Options
Wisely Now helps organizations address compliance risks by bringing automation to instant payments such as off-cycle and termination pay. The solution offers a single-instance, electronically funded, employer-authenticated paper check issued by one ...
AICPA Comments on IRS Rules for Qualified Transportation Fringe Benefits
The AICPA explained in its letter that the TCJA amended Internal Revenue Code section 274(a)(4) so that no deduction is allowed for the expenses of any qualified transportation fringe benefit (QTF) provided by a taxpayer to an employee. Under ...