ADP's chief economist, Nela Richardson, shares her thoughts on what's in store economically for the year ahead.
Many services can be marketed to new clients as well as to existing clients. Once you begin adding services to your clients, more develop.
This week we look at: Insurers updating their advice on BOI engagements; SALT cap 2023 increase bill fails on a procedural vote in the House; Jury finds taxpayer did not willfully fail to file FBAR reports; IRS takes position third party payors liable for ERC refund repayment in addition to common law employers; IRS sending out CP271 “soft letters” to those with open ERC refund claims; S corporation has a failure of 9 trusts receiving shares from decedent; Taxpayer unsuccessfully argues she only should pay taxes on social security actually received
High-performing workers often balk at being forced back into the office, giving companies plenty to consider before mandating a return.
Who owns the business and who is going to run it are separate — but equally important — questions.
This week we look at: No movement on tax bills this week - nor is final action at all likely to take place before March; E-Filing returns - good or bad idea? Two competing articles published this week; Taxpayer owes tax on IRA forfeited to government as part of criminal conviction; IRS discusses when CID voluntary disclosure program should be used instead of ERC voluntary disclosure program IRS warns about EFIN scam emails Taxpayer found to have submitted a late new refund claim rather than a revision to a timely filed informal claim
The AICPA Code of Professional Conduct can’t address every situation, so circumstances will arise that require CPAs to apply judgment in evaluating compliance with the provisions.
As a new CPA, Maddie Glass advocates for the next generation of CPAs to embrace every opportunity that comes your way, even if it feels uncomfortable. In her time amidst her peers at Delap LLP and 188bet手机版备用, Maddie has found that the most challenging experiences become valuable lessons to share with future accountants. Congratulations to Maddie for obtaining her license while offering her community the same unwavering support she had on her journey to becoming a CPA.
The CFO of the Kansas City Chiefs joined the JofA podcast recently to discuss enjoying the moment, not “losing your identity to the job,” and how the franchise has adapted to winning three Super Bowls since 2020.
Most adults 50 and older want to stay in their home long term, but many don’t have a good plan.
Clients will want to use you when you become their trusted advisor and they think of calling you before they do anything that might impact their business, financial security or growth.
This year's roster of great new tools for accountants is heavily inflected with AI.
A conversation before marriage about the state of each partner’s finances and their thoughts about money can have long-term benefits for the couple’s financial goals and relationship.
From digitalization and consultancy to Bitcoin and cryptocurrency, 2024 is set to be a year of growth and possibility.
Prevalent threats range from a contentious presidential election and expectations for a benign end to inflation to the hazards of adopting generative AI.
This week we look at: Bipartisan extender bill is passed by the House, but faces uncertain future in the Senate; A limited, single-year SALT cap relief bill will be brought to the House floor as part of the compromise to pass the bipartisan bill; Tax filing season for 2023 return begins this week; A cautionary tale about phishing being used to obtain client tax information
Insufficient retirement savings can be a serious problem, but so can insufficient spending during retirement. Most people will get more joy from spending and giving away their money while they’re still alive, so advise clients on how to balance their spending and saving goals.
Cheers to Brooke Deering on earning her CPA license! As she sets out on this exciting new chapter in her career, Brooke is grateful to have such a strong, supportive community at Jones & Roth PC and 188bet手机版备用. The sky is the limit, and we can not wait to see what you do next, Brooke!
The drawing opens February 1 and runs through March 20.
This week we look at a proposed tax bill that has advanced out of the House Ways & Means Committee.