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With more work to do than accounting staff can deliver, deploying new technologies is key to meeting client demands—here are three to consider.

Inevitably, business owners will not be paid on time by customers and clients. Using an efficient system to collect payments while providing clients and customers with a good experience is critical.

This week's topics ;Fourth Circuit does not agree with view expressed by Seventh Circuit in Menard, Inc. that C corporation reasonable compensation only depends on a reasonable return to investors ;Eleventh Circuit holds that “hobby loss” expenses under §183 are miscellaneous itemized deductions ;Elderly attorney had reasonable cause for failure to file payroll tax returns and timely pay payroll tax liabilities

As more businesses embrace ESG standards, it's important to understand the concept and identify its implications for the accounting profession.

As summer break approaches for students, the Oregon Department of Revenue wants taxpayers to know that some childcare expenses, including day camps and childcare provided inside or outside your home, might qualify you for the Oregon working family household and dependent care (WFHDC) tax credit. Qualifying expenses don’t include summer school or tutoring, sports camps, and overnight camps.

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This week's topics: ;Tax Court finds they have no authority to review the IRS notice for certification of seriously delinquent tax debt to State Department ;IRS publishes warning signs for employers to use to identify ERC scams ;Fourth Circuit finds that Section 7502 fully supplants common law mailbox rule for filing documents

The AICPA offers exclusive credentials for qualified financial professionals that can differentiate you as having knowledge and expertise in a specialty practice area, giving you, your firm or your organization a competitive advantage. Learn more at aicpa.org/credentials

While many clients are reluctant to buy an annuity that won’t start making payments for 15 or 20 years, retirement researchers tout this as an effective strategy to prevent outliving one’s retirement savings.

How Claire Pahlmeyer uses her love of puzzles in her day-to-day work at Kernutt Stokes, Eugene.

It’s not too late for the 1.5 million taxpayers with unclaimed 2019 refunds to claim their cash, but they need to file soon. The IRS extended the deadline for 2019 tax returns to July 17, 2023.

Cannabis companies need accounting support to remain compliant and keep their licenses, but there's some hesitancy for professionals like CPAs to provide services to this industry.

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.