Payroll
AICPA Comments on Changes to Section 162(m) of American Rescue Plan Act of 202
Beginning in 2027, for calendar year taxpayers, a public company’s covered employees will include Current Law Covered Employees as well as the next five highest paid employees.
5 Trends in Remote Work for 2023
Nearly 9 in 10 workers considering a job change (87%) are interested in hybrid or fully remote positions. 28% of all new job postings in January 2023 were advertised as remote.
Florida Man Gets 6 Years for PPP Fraud
Barosy showed off his exploits while stealing from the SBA’s Paycheck Protection Program, posting social media shots of himself driving an exotic Lamborghini and flying on a private jet.
1996 Law Could be Debt Limit Escape Hatch for Social Security
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.
Thousands of White Collar Workers Have Left Downtown San Francisco
There are about 150,000 fewer office workers on any given workday in downtown San Francisco than there were before the pandemic.
IRIS Software Group Acquires Apex HCM Software
The combined business provides payroll solutions for over 130,000 SMBs and one million employees across the United States and Canada.
Americans Are Drowning in Credit Card Debt
Total outstanding credit card debt held by Americans reached $986 billion in Q4 2022, topping pre-pandemic highs.
3 Ways to Solve Your Accounting Firm’s Last-Minute Staffing Needs
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.