Accounting
IRS Announces Interest Rates for Q2 2023
Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.
The Technology Lab Podcast – Review of Validis – Feb. 2023
Technologists Randy and Brian evaluate Valadis, a tool that extracts data from all financial systems to automatically generate full sets of standardized working papers. This data can then be imported into working paper systems.
The Top Challenges Faced by Corporate Tax Pros
According to the new survey, three-quarters of tax departments report experiencing difficulties in recruiting and retaining talented tax professionals.
CES Update 2023: Your Firm and Your Tech Opportunities
I believe one or more products from each category will be helpful to you. While CES produces its Innovation Awards that you can review, the items below will be more beneficial to the practice of accounting or your clients.
The Impact of AI on the Accounting Profession
In late 2022, a new AI tool, called ChatGPT, exploded into the marketplace. Since then, it’s been mentioned in hundreds of online articles, in chatrooms, and in the media.
Professionals on the Move – Feb. 14, 2023
Professionals on the Move is a round-up of recent staff promotions and hires, from around the accounting profession.
How the Tax Code Can Help Investors Keep Their Real Estate Wealth Stable During Retirement
To leverage a 1031 exchange, an investor has to ensure the income from a real estate investment property sale is reinvested (or “exchanged”) in like-kind property.
How to Help Business Clients Pass an OSHA Inspection
While employers may have no control over why or when an OSHA inspection occurs, they have a great deal of control over its results.