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 …

7 areas to consider when evolving your tax practice 2020-05-22
There’s no question that this was a tough tax season. And, with the tax deadlines delayed until July 15, it isn’t over. In our recent Tax Section survey, 60% said COVID-19 had an enormous effect on tax season. Practitioners noted the top three pain points related to assisting with the... Related StoriesBouncing back: How to recoup […]
AICPA Communications
Another step closer to evolving CPA licensure 2020-05-21
On Wednesday, May 20, we took a big step toward propelling the CPA profession into the future. If you read the blog posts I wrote in January, May and July of 2019, you’ll be familiar with CPA Evolution — a joint effort of the AICPA and the National Association of... Related StoriesPreparing accounting students for a […]
AICPA Communications
Cyber criminals are finding ways to steal your digital dollars 2020-05-19
The cryptocurrency market — such as bitcoin, ethereum and others — has taken hold in the financial world, with the market now worth more than $200 billion and growing daily. With so much money at stake, it’s no surprise that bad actors find new ways to use the system to... Related StoriesPreparing accounting students for a […]
AICPA Communications
Preparing accounting students for a changing profession 2020-05-15
We are in an unprecedented time of change for the accounting academic community. I’ve seen a fire lit beneath educators the likes of which I’ve never seen before as it relates to evolving their classrooms and curricula. Accounting programs have had to quickly make changes, like adapting to full-time remote... Related StoriesBouncing back: How to recoup […]
AICPA Communications
3 retirement questions your clients are asking amid COVID-19 2020-05-14
There are a lot of unknowns related to the COVID-19 crisis. Your clients may be feeling stressed and even uncertain about their financial future, and are likely asking questions: When will things stabilize? When will the market volatility be behind us? How will my retirement goals be impacted by everything... Related Stories7 areas to consider when […]
Guest Blogger
Accounting firms lead the way to a more diverse business environment 2020-05-11
The U.S. population is growing increasingly diverse, and the U.S. Census projects that minority populations will comprise more than half the population by 2045, with the largest growth among multiracial individuals. Accounting firms are leading the charge in supporting a more diverse business environment. The CEO Action for Diversity &... Related StoriesBouncing back: How to recoup […]
AICPA Communications
Bouncing back: How to recoup after a busy season 2020-05-08
When this extended busy season ends, we’ll notice summer days feeling warmer and brighter. When crossing that proverbial finish line, I acknowledge freedom that leaves me feeling spacious, accomplished and abundant. Busy seasons (especially this one) can be hard, but we all come out a little stronger, wiser and more... Related StoriesThe tax season in the […]
Guest Blogger
Learning from disruption: Reflections from AICPA Chair 2020-05-07
Over this past year, while I’ve been Chair of the American Institute of CPAs (AICPA) and Vice Chair of the Association of International Certified Professional Accountants, I’ve often talked with members about how technology is driving an unprecedented pace of change and how we need to disrupt ourselves as a... Related StoriesAccounting firms lead the way […]
AICPA Communications
6 ways CPAs are making a difference right now 2020-05-06
Healthcare and frontline workers have the daunting task of keeping communities safe, clean and fed. We salute them. Accountants and finance professionals have the responsibility to lead businesses through the economic recovery. You’re needed now more than ever. Here are six ways you’re making a difference. 1. You help small... Related StoriesSmall businesses should focus on […]
AICPA Communications
Small businesses should focus on PPP’s intent, keep using funds 2020-05-05
When the Department of the Treasury and Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) many businesses saw an opportunity to stay open and their employees paid during this very difficult time. There is no question that small businesses are the heart of our nation’s economy, and without... Related Stories6 ways CPAs are making […]
Barry Melancon, CPA, CGMA