Impact of Digital Currency on Businesses’ Accounting
The emergence of digital currency is reshaping how businesses operate and account for financial transactions. As accounting professionals navigate this...
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Expanding Benefits for Veterans and Extending Government Funding Until Jan. 19, 2024
A bill to amend Title 38, United States Code, to extend and modify certain authorities and requirements relating to the...
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Updated IRS 2024 Penalties for Late Filing and Missed Tax Forms
Every year, the IRS announces annual inflation adjustments related to tax rate schedules, deductions, cost-of-living adjustments, etc. What many taxpayers...
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New Business Travel Per Diem Rates Announced for 2023-2024
New per diem rates were recently announced by the IRS and are effective for per diem allowances on or after...
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Two Ways to Measure Revenue Per User
When it comes to measuring revenue, it’s essential that businesses analyze it from a variety of perspectives. While there's revenue...
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2024 Cost of Living Adjustments
In one year’s time, the U.S. inflation rate dropped by more than half, from 8.2 percent in September 2022 to...
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7 Smart Saving Strategies for Retirement
Next year, something called Peak 65 is happening. This moniker refers to the fact that more Americans will reach the...
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Super Apps and Their Impact on Traditional Business Models
As technology advances, users crave convenient and feature-rich solutions. In mobile app development, the concept of super apps is taking...
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Banning Weapons Training in Public Schools, Funding Assistance for Ukraine, and Various Appropriations Bills for Fiscal Year 2024
Protecting Hunting Heritage and Education Act (HR 5110) – This bill was introduced in the House on Aug. 1 by...
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IRS Plans to Use AI and Ramp Up Enforcement on Millionaires, Partnerships and Crypto
Recently, IRS Commissioner Danny Werfel spoke of changes within the IRS, announcing several initiatives focusing on high-income earners and partnerships,...
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Common Financial Reporting Mistakes and How to Correct Them
With accounting fraud and financial reporting mistakes creating a lack of confidence, understanding how financial reporting mistakes occur and are...
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Work and Social Security Benefits
You can work and still receive Social Security benefits, but how much you receive depends on a number of factors.First,...
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How to Organize Your Tax Documents
Since tax time isn’t until next April, organizing your documents right about now might not be top of mind or...
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Securing Your Identity: The Role of Decentralized Identity Systems in Data Breach Prevention
Data breaches have been on the rise as cybercriminals keep coming up with new ways to steal user-sensitive information. Just...
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Sanctioning Terrorist Activities by Iran, Accelerating Disaster Assistance and Expanding Healthcare Opportunities for Native Americans
MAHSA Act (HR 589) – The Mahsa Amini Human Rights and Security Accountability (MAHSA) Act is a bipartisan bill that...
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IRS Announces End of Unannounced Taxpayer Visits (Mostly)
You wake up in the middle of the night. Heart racing, drenched in sweat, and breathing heavily. Thankfully, it was...
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How to Identify and Avoid Cash Flow Pitfalls
Looking at expenses for one's business is essential to reduce cash flow issues. For example, it would show if there's...
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Widow/er Social Security Benefits
A widow or widower is eligible for a survivor's benefit from Social Security even if they never worked – as...
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How to Write an Awesome Accounting Bio
Even though numbers are probably the biggest thing in an accountant’s wheelhouse, getting people in the door with the right...
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How Businesses Can Leverage Data and Personalization for Targeted Campaigns and Growth
Marketing efforts today depend on collecting, analyzing, and leveraging data to make informed decisions. Therefore, business owners need to understand...
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