CPA Practice Advisor

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Local Governments are Addicted to Sales Tax Revenues-
07/29/2024

Local Governments are Addicted to Sales Tax Revenues-

The 2024 Mid-Year Sales Tax Rates and Rules report, commissioned by Vertex Inc., outlines the evolving landscape of local tax implementation, proliferation of fees, and increasing complexity of tax compliance for businesses across the U.S.

Review of Canopy Tax – The Accounting Technology Lab Podcast – July 2024-
07/29/2024

Review of Canopy Tax – The Accounting Technology Lab Podcast – July 2024-

Hosts Randy Johnston and Brian Tankersley, CPA, take a look at Canopy, a firm-wide operating system that let's you do the same amount of work you have today, with the talent you have, but in less time, with less stress, and while creating better client experiences.

IRS Chief Not Too Worried About Fallout From Loper Bright Ruling-
07/29/2024

IRS Chief Not Too Worried About Fallout From Loper Bright Ruling-

Danny Werfel said he's "fairly optimistic" the Supreme Court ruling won't deter future efforts to provide better taxpayer services.

IRS Boasts New and Improved Online Tools and Digital Services For Taxpayers-
07/29/2024

IRS Boasts New and Improved Online Tools and Digital Services For Taxpayers-

The agency provided an update July 25 on its Strategic Operating Plan, which sets out several priorities for the IRS to accomplish.

IRS Updates Guidance on RMDs-
07/26/2024

IRS Updates Guidance on RMDs-

The final regulations reflect changes made by the SECURE Act and the SECURE 2.0 Act impacting retirement plan participants, IRA owners and their beneficiaries.

How Generative AI Will Disrupt Accounting-
07/26/2024

How Generative AI Will Disrupt Accounting-

Even as accounting professionals are increasingly expected to adopt a technology-centric approach, many organizations still rely on outdated processes that cause frustrations among workers and slow down the ability of business leaders to optimize their strategic focus.

Forvis Mazars Gives Back to Communities During IMPACT Days-
07/26/2024

Forvis Mazars Gives Back to Communities During IMPACT Days-

The annual weeklong initiative from the top 10 accounting firm supports local nonprofit organizations across the country.

AICPA & CIMA Recognized as a ‘Great Place to Work’-
07/26/2024

AICPA & CIMA Recognized as a ‘Great Place to Work’-

With a team of more than 1,200 employees, the association has a long tradition of promoting from within, offering competitive salaries and rewarding accomplishments.

The Accountant as a Strategic Business Partner-
07/25/2024

The Accountant as a Strategic Business Partner-

From an accountant's perspective, advisory services also offer a higher level of fulfillment. Your work will directly impact your clients' success, and if you provide services you truly enjoy offering, it adds a higher level of fulfillment to your daily grind.

Initial Jobless Claims Up By Most Since Early May-
07/25/2024

Initial Jobless Claims Up By Most Since Early May-

Initial claims increased by 20,000 to 243,000 in the week ended July 13, according to Labor Department data released last week.

Mortgage Rates Drop Below 7%-
07/25/2024

Mortgage Rates Drop Below 7%-

It was the first time since February that the average 30-year rate was in the sub-7 range. The reason: optimism that the Federal Reserve might cut rates in the near future.

More Than 30% of Americans Think They’ll Always Need a ‘Side Hustle’-
07/25/2024

More Than 30% of Americans Think They’ll Always Need a ‘Side Hustle’-

A new Bankrate poll found that one-third of all adults are taking on a side job in order to pay bills and fund discretionary extras.

A Better Employee Exit Experience Can Help Attract New Talent, Gallup Says-
07/24/2024

A Better Employee Exit Experience Can Help Attract New Talent, Gallup Says-

A good exit experience can make workers 40% more likely to recommend their former employer as a great place to work.

Millions of Small Biz Workers Have Health Coverage, Analysis Shows-
07/24/2024

Millions of Small Biz Workers Have Health Coverage, Analysis Shows-

Thanks largely to the Affordable Care Act, 6.2 million self-employed or small businesses workers have gained access to health care.

Forwardly Unveils New Integration With FreshBooks-
07/24/2024

Forwardly Unveils New Integration With FreshBooks-

The integration offers FreshBooks clients features like instant payments, same-day ACH, and automatic reconciliation.

KPMG and Avalara Form Alliance for Tax Compliance Automation-
07/24/2024

KPMG and Avalara Form Alliance for Tax Compliance Automation-

The new alliance allows organizations to leverage the combined power of Avalara’s compliance automation technology – including indirect tax calculation, returns, exemption certificate management, cross-border compliance, e-invoicing, and registrations.

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