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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.

How ChatGPT may increase productivity and reduce stress by handling time-consuming tasks.

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

Black CPAs react to study led by Stanford University showing the IRS is up to 4.7 times more likely to audit Black taxpayers than non-Black ones, saying the tax system must be fairer.

As technology evolves rapidly, are you wisely helping your business choose the best option? Are you able to stay up with the choices in the market? And how do you know you aren’t falling for a professional sales pitch? In this article, you will learn about approaches to discover new cost-effective solutions in the market.

Signed into law December of 2022, the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act—the expanded version of the SECURE Act of 2019—makes nearly 100 changes to retirement plans.

This week's topics: ;IRS issues CCA making clear how strict the §125 substantiation rules are ;Taxpayer’s lack of documentation forces him to accept preparer’s gross gambling winnings and limits his gambling loss deduction ;Tax Courts finds that last second rule for filing a Tax Court petition is not the same as for returns filed via eFile

Avoid income tax surprises with these estate considerations and planning points.