Benefits
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Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
Investor Groups Opposed to Labor Department’s ESG Proposal
Several investor organizations and financial industry firms today released an analysis of the more than 8,700 public comments on the Department of Labor’s (DOL) proposed rulemaking on the consideration of environmental, social and governance (ESG) ...
Coronavirus Unemployment Payments are Taxable: Be Prepared by Withholding
By law, unemployment compensation is taxable and must be reported on a 2020 federal income tax return. Taxable benefits include any of the special unemployment compensation authorized under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
What to Look for with eSignatures
In 2020 they’re needed more than ever for companies to still conduct business remotely. Adapting compliance standards allow businesses in any industry to use eSignature platforms to stay effective.
VoIP Phone Systems: The Latest Communication Tools for CPAs
Many CPAs are turning to the latest communications systems in order to communicate effectively with clients. VoIP, which stands for voice over internet protocol, is literally changing the way CPAs communicate.
SSI and Other Benefit Recipients Get Second Chance to Request Coronavirus Stimulus Payments for Child Dependents
The IRS says it is looking for ways to help people who were unable to provide their information in time to receive Economic Impact Payments for their children. As part of that effort, the Internal Revenue Service announced today it will reopen the ...
Impact of COVID-19 on the Foreign Income and Housing Exclusions
As a general rule, if you have clients who are U.S. citizens or resident aliens, and they live abroad, they are taxed on their worldwide income. However, they may qualify to exclude from income up to $105,900 for tax year 2019 ($107,600 for tax year 2020)
Wolters Kluwer Launches CCH Axcess Knowledge Coach PCR
CCH Axcess Knowledge Coach PCR allows accountants to maximize efficiency by combining industry-specific guidance with a powerful and dynamic workflow engine to guide accountants dynamically and efficiently through the entire process ...
Health-Related Benefits Under the CARES Act
For services provided on or after Jan. 1, 2020, and for plan years beginning on or before Dec. 31, 2021, high-deductible healthcare plans (HDHPs) with HSAs provide coverage for telehealth or other remote care services without a deductible or having to ...