CPA Never under estimate the value
Changes include increases in the standard deduction for many taxpayers, new tax brackets, and a higher maximum earned income tax credit amount.
Source: Tax News
Read More here – IRS announces annual inflation adjustments for tax year 2023
Changes include increases in the standard deduction for many taxpayers, new tax brackets, and a higher maximum earned income tax credit amount.
Source: JOA News
Read More here – IRS announces annual inflation adjustments for tax year 2023
The organization’s letter to the IRS and Treasury makes recommendations in five areas to help companies deal with the new tax.
Source: Tax News
Read More here – AICPA seeks guidance on corporate alternative minimum tax
The organization’s letter to the IRS and Treasury makes recommendations in five areas to help companies deal with the new tax.
Source: JOA News
Read More here – AICPA seeks guidance on corporate alternative minimum tax
FASB issued a proposed new chapter of its Conceptual Framework that describes a reporting entity. The proposed chapter would become Chapter 2 of FASB Concepts Statement No. 8, Conceptual Framework for Financial Reporting.
Source: JOA News
Read More here – FASB seeks input on proposed new chapter of conceptual framework
CPAs can increase their value to clients by providing sound cash-handling advice. Test your knowledge with this quiz.
Source: JOA News
Read More here – Helping clients reduce cash-handling risks — test your knowledge
A Brookings Institution study predicts higher-wage, higher-education jobs in the U.S. workforce will be disproportionally affected by artificial intelligence.
Source: JOA News
Read More here – CPAs likely to see big changes from AI
CPAs can play crucial roles in helping navigate the evolving landscape as state tax authorities ramp up efforts to source additional revenue from out-of-state workers and the companies they work for.
Source: JOA News
Read More here – Understand the tax consequences of remote work
Follow these five tips to secure the best deal.
Source: JOA News
Read More here – How to negotiate a job offer
The Social Security Administration announced the maximum amount of wages subject to Social Security tax in 2023 and a cost-of-living adjustment (COLA) for Social Security benefits. The COLA is 8.7%.
Source: Tax News
Read More here – Social Security wage base, COLA set for 2023
