January 2018 - Accounting Software News

Uncertainty at IRS Mirrors Longstanding Tension about Payroll Withholding

2018-01-11 - by Deanna Fletcher

A lot of payroll accountants have been impatiently waiting for the IRS to update their tax tables for the purposes of payroll withholding and calculating employees’ paychecks. As a consequence …

Our proposal to evolve CPA licensure 2020-01-24
It’s that time of year when everyone reflects on the past and looks forward to a positive future with personal and professional planning, and new and fresh ideas. You may have some New Year’s resolutions you’d like to accomplish. I have two: From a personal perspective, I’ll look at my... Related Stories5 principles for evolving CPA […]
Susan S. Coffey, CPA, CGMA
Americans start 2020s with financial satisfaction at a record high 2020-01-23
Americans’ financial well-being roared into the 2020s. For the seventh time in the last two and a half years, the average American’s financial satisfaction hit an all-time high, according to the AICPA’s quarterly Personal Financial Satisfaction index (PFSi). With all these positive records, you may wonder what it means for... Related StoriesLife transitions trigger an opportunity […]
AICPA Communications
A new technology solution for data-driven audits 2020-01-13
If you’re an auditor, you should be excited about the many opportunities that the digital era creates for your profession. Sue Coffey, CPA, CGMA, Executive Vice President, Association of International Certified Professional Accountants — Public Practice, and Erik Asgeirsson, President and CEO, CPA.com, share how the profession is reimagining the... Related StoriesDerivatives are back, but are […]
Guest Blogger
Life transitions trigger an opportunity for deeper client service 2020-01-09
It’s no secret that a phone call can change a life’s trajectory. Two decades ago, I received a call that not only had a deep impact on my family, but also sent me down a career path to help my clients navigate critical life transitions — unexpected and otherwise. Unexpected... Related Stories12 free tax resources to […]
AICPA Communications
AICPA announces 2020 CPA Exam score release dates 2020-01-06
CPA Exam (Exam) score release timetables for the first and second testing windows of 2020 are available. The National Association of State Boards of Accountancy (NASBA) will release scores to candidates and boards of accountancy based upon the target score release dates in the table below. It is important to... Related StoriesAICPA Announces 2019 CPA Exam […]
AICPA Communications
IRS crypto guidance every tax practitioner should know 2019-12-23
The IRS is getting serious about cryptocurrency. This fall, it released three documents that all tax practitioners need to pay attention to ahead of the 2019 filing season: a retroactive revenue ruling, FAQs for reporting cryptocurrency ownership and Form 1040 that asks taxpayers about their financial interest in virtual currency.... Related StoriesLife transitions trigger an opportunity […]
Guest Blogger
12 free tax resources to get your firm ready for 2020 2019-12-20
The new year will be here before you know it. To get a head start on tax season, check out these free resources to get your firm in top shape for 2020. Stock your arsenal of forms, templates and charts: Year-end planning letter for individuals — It’s the season. Tell...
Guest Blogger
Reimagining the profession for a vibrant future 2019-12-19
Barry Melancon, CPA, CGMA, President and CEO of the American Institute of CPAs (AICPA) and CEO of the Association of International Certified Professional Accountants (the Association), reflects on the successes of 2019 and the opportunities ahead. This year, you’ve talked with members about how we need to reimagine the profession.... Related Stories12 free tax resources to […]
Barry Melancon, CPA, CGMA
Derivatives are back, but are the risks? 2019-12-18
Mortgage-backed securities, credit-default swaps and derivatives were not much more than financial industry jargon until the recession of 2007. When the world economy nearly collapsed—due in part to mismanagement of and poor investment in complex financial instruments—those terms entered the mainstream. The 2019 survey of business executives reveals that 59%... Related StoriesA new technology solution for […]
Guest Blogger
D&I initiatives: A strategic imperative 2019-12-17
Ensuring diversity & inclusion remains high on an organization’s agenda is key to long-term success and growth. Because this topic is so important, I have made raising awareness of this initiative my personal goal, and I‘m having conversations like these with key players throughout the accounting and finance profession on... Related StoriesHow to make the accounting […]
Barry Melancon, CPA, CGMA