What the IRS giveth, the IRS taketh away. At age 70½, the bill comes due on all those tax-deferred savings accounts we’ve been building, and this week the oldest baby boomers will begin to reach that finish line—with many millions more to follow. READ MORE »
Employees see wealth management as a valuable addition to a tax or accounting practice if it’s offered the right way. Watch this video to learn what employees are looking for. CLICK HERE TO WATCH. »
On June 23, the UK population narrowly voted to end its 43-year membership in the European Union. Here are 10 facts about the referendum decision that you should know if you are involved in UK business: READ MORE »
Regardless of whether you were surprised, overjoyed, dismayed or showed any other emotion (perhaps anger as you saw world markets tank), Brexit is here. READ MORE »
The Schulich School of Business at York University in Toronto - Canada's third-largest university - announced last week a partnership with the Association of Chartered Certified Accountants (ACCA), which will provide an ACCA-accreditation pathway for Schulich MBA and Master of Accounting students, as well as "advanced standing" for ACCA members gaining their MBA at the University. READ MORE »
Capital One’s Spark Business unit is offering some advice to accountants to help them and their small business clients get through the summertime lull and attract more customers. READ MORE »
The Internal Revenue Service needs to expand its use of data and develop a comprehensive strategy to address noncompliance by taxpayers claiming refundable tax credits such as the Earned Income Tax Credit, according to a new report. READ MORE »
The Securities and Exchange Commission voted Monday to propose amendments that would expand the threshold for businesses to qualify as a “smaller reporting company.” READ MORE »