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Social Security Administration Announces Large Increase in 2017 Wage Base
(JofA) - The SSA announced that the maximum amount of earnings subject to the Social Security tax will increase by more than 7% in 2017, after remaining flat in 2016.
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Putting the Cloud at the Heart of Your Accounting Practice
(CPA Practice Advisor) - Cloud computing is on the rise as companies respond to a rapidly evolving business climate, an increasingly connected economy, and growing pressure to do more, faster, with fewer resources.
Beware More FBAR And FATCA Reporting Changes
(Forbes) - Some offshore account reporting is changing, although potential civil and criminal penalties are still frighteningly high. American citizens and residents with non-U.S. bank or financial accounts—or any non-U.S. assets for that matter...
The Cash-Flow Clash
(CFO) - Pity the poor cash-flow statement. The youngest of the three major corporate financial reports, it’s gotten hardly any of the attention paid by the Financial Accounting Standards Board to income statements and balance sheets.
Fed's Beige Book: U.S. Economy Expands, Labor Market Tightens
(Fox Business) - The economy continued to expand into early October despite some uncertainty generated by the coming presidential election, a Federal Reserve report said Wednesday, indicating more of the slow growth that could leave the central bank on track to raise interest rates late this year.
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