CPA Never under estimate the value
Most senior executives are pleased by the impact of moving their supply chains closer to home, according to a KPMG report. Learn four keys to considering whether a change would benefit your company.
Source: JOA News
Read More here – Shorter supply chains: US companies set sights on the Americas
The IRS on Tuesday provided its annual inflation adjustments for over 60 tax provisions in tax year 2025, including increases in the standard deduction for married couples and single individuals.
Source: JOA News
Read More here – Annual inflation adjustments announced for tax year 2025
Barry C. Melancon Professional Accounting Research (PAR) Fellowship recognizes the legacy of the retiring CEO and will support research in public and management accounting.
Source: JOA News
Read More here – New fellowship honoring Melancon will support doctoral students
GASB issued guidance for certain types of capital assets to be disclosed separately for purposes of note disclosures.
Source: JOA News
Read More here – GASB provides guidance for certain capital assets
Want to build an employee roster that hits all the right notes? These 3 tips are key.
Source: JOA News
Read More here – How firms can score the right talent mix
Serious concerns facing accounting in the government space can be solved only by a multistakeholder commitment to improved conditions, an AICPA/NASACT report finds.
Source: JOA News
Read More here – Public sector talent shortage: Unique challenges require unique solutions
Mark Koziel, CPA, CGMA, has been named as the next CEO for the Association of International Certified Professional Accountants. Koziel will begin the role in January 2025. He currently leads Allinial Global, an association of independent accounting and advisory firms with $6 billion in collective revenue.
Source: JOA News
Read More here – Mark Koziel to become CEO of the Association of International Certified Professional Accountants
Commissioner Danny Werfel says the IRS has made “substantial progress” in separating eligible claims from ineligible ones.
Source: JOA News
Read More here – IRS processing 400K ERC claims with about billion in eligibility
The Financial Crimes Enforcement Network extended filing deadlines for reports of foreign bank and financial accounts (FBAR) for people in federally declared disaster areas of five storms. It also is delaying the filing deadline for people affected by terrorist attacks in Israel.
Source: JOA News
Read More here – FinCEN offers storm and terrorist attack relief for FBAR filings
The Social Security Administration announced an increased maximum amount of wages subject to Social Security tax in 2025. The cost-of-living adjustment for Social Security benefits for 2024 is slightly lower than last year’s COLA.
Source: JOA News
Read More here – Social Security wage base announced for 2025
