Benefits

A 1996 law provides an escape clause from the debt limit that allows the Treasury Department to pay Social Security benefits, along with Medicare payments, even if there is a delay in raising the debt ceiling.

AICPA News is a roundup of recent announcements from the American Institute of CPAs.

Just 49% of workers know about the credit, which can help them save for retirement and lower their taxes, a survey found.

The combined business provides payroll solutions for over 130,000 SMBs and one million employees across the United States and Canada.

The report also found more than half (52%) of senior real estate executives report that their companies are planning to add new satellite locations and 28% are looking to downsize existing spaces.

Beyond retention, the upside of making remote work part of your firm’s standard operations is that it opens the door to recruiting talent from everywhere.

Many in the accounting industry have switched to Voice-over-Internet-Protocol (VoIP) phone systems from traditional phone landlines to run their practices more efficiently.

Average U.S. hotel occupancy is projected to reach 63.8% in 2023 – just shy of 2019’s level of 65.9%. Staffing is expected to remain a challenge for many U.S. hotels in 2023, as the industry continues to grow its workforce back to pre-pandemic levels.