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Recent Articles

JAN31
Tip of the Month - Why You Might Not Need a New Budget for the New Year

So, we’re a month into 2023 and the sheen might’ve dulled from all your shiny, New Year’s resolutions. Though diet and exercise are the top things you might want to change, there’s one you might not need to

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JAN31
What's New in Technology - How To Use Natural Language Processing To Improve The Efficiency Of Accounting Processes

Natural language processing (NLP) is a technology that allows computers to understand and process human language. Processing of natural language is necessary when you want an intelligent device to follow

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JAN31
Tax and Financial News - Key Deadlines and Changes for the 2023 Tax Season

Every year, typically right after the new year starts, the IRS formally announces key dates and deadlines for the current tax season. Recently, the IRS made the announcements for the current 2023 tax season

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JAN31
General Business News - Defining an Impaired Asset

When it comes to defining an impaired asset, its fair market value is worth less than the original cost of the asset – or more formally, its carrying value. As a company re-evaluates its assets’ value, and

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JAN31
Financial Planning - 401(k) Options After You Leave an Employer

Apart from the spike in inflation, 2023 ended the year with a relatively strong economy, boasting an unemployment rate of 3.5 percent (below the market forecast of 3.7 percent) with increases in wages, corporate

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JAN31
Congress at Work - Overhauling the National Tax System, Eliminating Oil Sales to China, and Criminalizing Late Abortion Attempts

To rescind certain balances made available to the Internal Revenue Service (HR 23) – Introduced by Rep. Adrian Smith (R-NE) on Jan. 9, this bill would rescind funds allocated to the Internal Revenue

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JAN31
Accounting News - Understanding the Latest Modifications to Form 1099-K Reporting Requirements

There has been updated guidance on how and when tax filers must file and report Form 1099-K, Payment Card and Third-Party Network Transactions in 2022 and 2023. According to the December IRS release, new

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