News

How to build a positive work environment for talent retention.

This week's topics: IRS memo makes it clear the agency is very skeptical about extended supply chain ERC claims;Third Circuit rules that equitable relief is available for failure to file Tax Court petition in 90 day period for a deficiency;IRS asked by Tax Court to justify suspense account method for losses deducted in excess of basis in closed years;Taxpayers had to pay tax on funds taken from IRA/pension funds that were paid to fraudster

Businesses and tax-exempt organizations should watch out for telltale signs of misleading claims involving the Employee Retention Credit. Scammers and unscrupulous promoters continue to run aggressive broadcast advertising, direct mail solicitations and online promotions for the credit. Many of these ads wildly misrepresent and exaggerate who can qualify for the ERC, which is sometimes also called ERTC or the Employee Retention Tax Credit.

CPAs' best practices for mapping out a client's retirement.

Not sure what to do with old employer retirement savings? Here are some options for your 401(k) rollovers.

Meet OSCPA's new Legislative Counsel, dedicated CPA advocate and strategic communications expert Nicole Palmateer Hazelbaker of Bravio Communications.

Read about retiring OSCPA Legislative Counsel Rob Douglas and his lasting impact on the CPA profession.

This week's topics: IRS extends SECURE Act inherited IRA RMD relief for one additional year, adds special rollover rule for those born in 1951 due to SECURE 2.0 Act changes;IRS grants relief to victims of Vermont flooding.;Failure to attach simple election leads to requesting (and paying for) 11 separate private letter rulings

How Brandie's CPA career flourished while working remotely on her family's cattle ranch.

How accounting professors, macaroni and cheese, and a positive mindset fuel Jakki's CPA career.

This week's topics: S corporation loses on research credit claim and gets hit with penalties - risks of a credit study;Exempt organization status denied for organization formed to raise funds for one person’s medical bills;Discussion of tax research hierarchy in this short week

What the rise of ChatGPT means for future cyber attacks and counter cybersecurity efforts

Interested in growing your firm's presence online? Read CPA Garden's tips on how to optimize your content across the internet.

Four reasons CPA firms should adopt an attitude of gratitude with clients.

As workplace expectations change, this advice can help firms and their people create an environment that attracts and retains employees.

The OSCPA Educational Foundation announces Christopher Dahlvig as its 2023-24 president.

No matter if your company is adopting the technology or resisting the use of the software, most agree that AI chatbots (including ChatGPT) are not the best for critical thinking, making ethical judgments, or protecting sensitive or proprietary information at this time.

Gordon Trinh was the winner of the Becker Professional Education quarterly drawing for a complimentary review course valued at $2,499.

This week's topics: ;IRS ends COVID-19 relief for high deductible health plans effective for plan years ending after 12/31/24 ;Taxpayer fails in attempt to get IRS permission to make a late §475(f) mark to market election ;Taxpayer who filed Tax Court petition 11 seconds too late due to technology challenges has petition dismissed ;Sherlock Holmes on tax research

Read what Pedro Nunez Dieguez values above all else and why.