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FASB Aims to Improve Derivative Accounting
How Auditors Are Currently Using Generative AI
PwC and Withum Share Lead For Most IPO Audit Clients in Q2
Pennsylvania High Court to Consider Case on Pittsburgh’s ‘Jock Tax’
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Millions More U.S. Workers Could be Eligible for Overtime Pay
Under proposed changes from the Dept. of Labor, any salaried employee making less than $55,000 per year, or $1,059 per week, would be eligible for overtime. That would be a significant jump from the current cutoff at $35,568 per year.
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CPA Firm Managing Partner Weighs in on How to Rebuild the Talent Pipeline
Fixing the crumbling talent pipeline in accounting was a topic that came up during a session at “Bridging the Gap” on Aug. 29.
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U.S. Job Market Hits Milestone
Fewer vacancies paired with increased labor force participation have allowed for greater balance in the labor market and helped temper wage growth.
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How FinTech Can Help Firms Elevate, Expand and Enhance Services
Fintech has become increasingly popular with consumers, so much so that it’s starting to have a noticeable impact on their relationship with financial professionals.
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89% of Workers Prefer a 4-Day Work Week or Hybrid
81% of full-time workers and job seekers were in support of a 4-day work week. More than 1 in 3 workers (37%) are willing to change jobs or industries for a 4-day work week.
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IRS Delays New Roth 401(k) Contributions Rule
The IRS is offering relief on new 401(k) catch-up contribution rules for certain high earners. Here’s what it means for you.
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Most Americans Aren’t Happy with Their Banks, Survey Shows
The Banking Disruption Index also warns of the majority (58%) who claim their banks could be doing more to ensure their complete satisfaction.
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Tax Partner Matters More Than Firm on Business Taxes
When it comes to a corporation’s relationship with its accounting firm, the firm itself is less important than the partner who leads its engagement team in lowering its tax rate.