Payroll January 18, 2025
Should You Actively Trade in a Roth IRA?
Day trading in a Roth IRA is perfectly legal, but it may not be financially wise.
Taxes November 14, 2022
Buy an EV Now or Later? The Tax Credit Rules are About to Change
Qualification requirements change in January following the passage of the Inflation Reduction Act.
Taxes November 11, 2022
Longtime Trump Executive Details Rampant Tax Fraud at NYC Trial
Jeff McConney took the stand Nov. 10 and acknowledged illegal practices at the Trump Organization.
Firm Management November 10, 2022
Why Accountants Should Focus on Wealth Management
If you want to have a long, steady career, and grow your firm, you need to provide value to your clients. Wealth management offers value in ways that f...
Firm Management November 10, 2022
Withum Ranked Among Top Employers for Veterans
Military Times, a news source for veterans and their families, has named Withum on their annual Best for Vets: Employers list for the first time.
Taxes November 10, 2022
IRS Has Lots of Jobs to Fill at Taxpayer Assistance Centers
Agency is seeking more than 700 new employees to help taxpayers at walk-in sites across the country.
Payroll November 10, 2022
6 Tips for Meeting New IRS Information Return Reporting Requirements
With new tax reporting requirements taking effect in 2023, it is imperative that SMB owners understand the tax implications of those recent workforce changes
November 10, 2022
Some Tuition Costs Can Qualify for Medical Tax Deduction
If you have children in college, you may be able to claim one of two higher education credits for qualified expenses, although these tax benefits are phased out for upper-income taxpayers.
Digital Currency November 9, 2022
Binance Throws a Life Preserver to Rival Exchange FTX
Rumors had swirled of late about FTX going bankrupt. It is likely to be saved now that Binance said Nov. 8 it intends to acquire FTX.
November 8, 2022
Good Documentation Helps Small Business Clients Prepare For Audits
Unfortunate as it may be, you know that small business clients too often neglect their bookkeeping, expense documentation, and other tax-related responsibilities.
November 8, 2022
Home Improvements May Qualify as Medical Expenses on Taxes
In certain limited situations, you may realize a tax break for a home improvement that is deemed to be medically necessary. If you qualify, a portion of the expense is deductible as a medical expense as...
November 8, 2022
Credit Card Interest Rates Soar: Some Over 30% APR
The highest retail credit card APR could run as high as 30.74% on the Speedy Rewards Mastercard, the Kroger Rewards World Elite Mastercard and credit cards offered by nine of Kroger’s affiliated brands (for example, King Soopers and Ralphs).
Accounting November 8, 2022
How to Drive Impactful Growth with a Modern Finance Department
Companies that place too much focus on efficiency without appropriate resourcing to then leverage it will impede their own growth.