News

The increased use of data analytics (DA) across various industries has improved overall operations and business efficiency.

Chief financial officers of not-for-profit organizations have always faced many challenges, some common to all corporate leaders, some unique to the sector. Today’s postpandemic environment has brought some novel circumstances and transformed ongoing trends. This article focuses on the top four challenges facing NFP CFOs today: inflation, outsourcing to third-party providers, risk, and the expanding role of the CFO.

Most taxpayers have likely received a solicitation recently claiming that they may be entitled to thousands of dollars in employee retention tax credits. The solicitations involve the Employee Retention Credit (ERC), a payroll tax credit created by the Coronavirus Aid Relief and Economic Security (CARES) Act that has been credited with preserving millions of jobs, and more.

This week's topics: ;Supreme Court rules in favor of IRS on issue of when notice must be sent when the IRS issues a third-party summons ;IRS agent gets distracted by small issues, fails to investigate potentially much larger one and it costs the IRS at Tax Court ;IRS announces 2024 HSA and excepted benefit HRA inflation adjusted amounts

Signed into law last December and now partly in force, the sweeping retirement overhaul package presents new planning opportunities for millions of Americans and financial advisors.

People should put together an emergency preparedness plan for their household – and include copies of their vital records and financial information. By creating an emergency preparedness plan and updating it annually, people will be able to start the recovery process faster if they're affected by a disaster or other emergency.

The transformation within the accounting profession has brought challenges. However, many positive changes have occurred as a result, such as job security and wage growth.

Read about Erik's journey and what advice he would give to new CPAs.

Jessica Ilievski is this year's UWorld / Roger CPA Review course scholarship winner.

Katie Sheffield achieved her dream of becoming the first in her family to have a college degree. Read more about her journey and why challenges are worth it.

An inclusive culture is essential for any organization, as employees will be unhappy in a workplace where they don't feel their voices are heard. Many leaders cannot accurately assess their skill in fostering inclusion, so getting input from others is crucial.

Years later, Cass Hausserman is still glad she worked to earn her CPA credential, and loves the autonomy it gives her.

Chris Dahlvig joined the faculty of Linfield University in 2018 after 20 years working in the not-for-profit sector. Read his advice to students about interviews.

For Allegra Jasper, the CPA credential has opened many doors, including her current position as Director of Finance at McKenzie River Trust.

Stress is an inevitable and even helpful part of life. But how to manage it? Kara Kazemba, LCSW, of Ancora Wellness, an integrated health clinic in downtown Hillsboro, Oregon shares how.

Ryan McClung had several mentors that inspired him to become a CPA. Now he applies the various skills and technical expertise in his everyday practice to assist his clients.

Gen Z will make up 30% of the workforce in just a few short years. To successfully attract, recruit, and retain this talent pool, employers need to understand the unique attributes and preferences of these young professionals who have come of age in a rapidly changing and technological world.

CPAs and CFP® practitioners are often viewed as operating in silos. However, the decisions of each can have a domino effect on the whole of a client’s balance sheet. Working in collaboration, CPAs and CFP® practitioners can generate extraordinary financial results for their clients’ lives.

Since 1985, The OSCPA Educational Foundation has awarded over $2.5 million in financial assistance to over 1,400 deserving students. Read about 2022 recipient of the Jones & Roth Scholarship Michael Gebreteusae of Portland State University.