CPA Never under estimate the value
Proposed regulations would update existing procedures to reflect online and other electronic forms of bidding and payment.
Source: JOA News
Read More here – IRS to modernize regs. for tax sales of seized property
The board’s Accounting and Auditing Policy Committee issued Federal Financial Accounting Technical Release (TR) 22: Leases Implementation Guidance Updates.
Source: JOA News
Read More here – FASAB committee issues updates to guidance on leases
The Social Security Administration announced an increased maximum amount of wages subject to Social Security tax in 2024 to $168,600 and a 3.2% cost-of-living adjustment for Social Security benefits for 2024.
Source: Tax News
Read More here – Social Security wage base, COLA set for 2024
The Social Security Administration announced an increased maximum amount of wages subject to Social Security tax in 2024 to $168,600 and a 3.2% cost-of-living adjustment for Social Security benefits for 2024.
Source: JOA News
Read More here – Social Security wage base, COLA set for 2024
The AICPA 2023 Trends report shows a significant decrease in accounting graduates, but university accounting departments foresee an increase in enrollment. That, combined with a projected increase in the general student population, presents an opportunity for the profession.
Source: JOA News
Read More here – Pool of accounting graduates shrinks, AICPA report finds
Proposed regulations provide guidance for how transfers of the up to $7,500 Sec. 30D new clean vehicle, and up to $4,000 Sec. 25E used clean vehicle credit will work for buyers and dealers, starting Jan. 1, 2024.
Source: Tax News
Read More here – Clean-vehicle buyers can transfer tax credits to reduce purchase price
The Accounting Standards Update incorporates 14 disclosures from a 2018 SEC final rule into GAAP.
Source: JOA News
Read More here – FASB amends codification to align with SEC disclosures
Even some clients who have substantial assets plan for the possibility of relying on Medicaid for long-term care by creating irrevocable trusts to preserve assets.
Source: JOA News
Read More here – Long-term-care planning using trusts
Proposed regulations provide guidance for how transfers of the up to $7,500 Sec. 30D new clean vehicle, and up to $4,000 Sec. 25E used clean vehicle credit will work for buyers and dealers, starting Jan. 1, 2024.
Source: JOA News
Read More here – Clean-vehicle buyers can transfer tax credits to reduce purchase price
Advances in technology are turning the business world upside down — and accounting is no exception. The paradigm shift taking place calls for radical innovation and transformation. Collaboration is the key.
Source: JOA News
Read More here – Harnessing collaboration for workplace transformation
