IRS will use AI to help target partnerships and high net worth individuals
The IRS announced a sweeping enforcement effort that will engage AI to focus on large partnerships and wealthy individuals.
1099-K Reporting Requirement Delayed for 2023; New, Phased-In Approach for 2024
The IRS delayed implementing new, lower reporting requirements for Form 1099-K in 2023 and announced a phased-in approach for 2024.
When Healthcare Providers Outsource the Accounting Function
Learn more about how outsourcing accounting in various areas of the healthcare industry is providing a variety of benefits — from cost savings to improving the quality of care.
3 Tips When Preparing to Outsource Your Accounting Function
When considering finance and accounting outsourcing (FAO), a bit of research and planning in advance can help you make an informed decision and ensure the transition is as seamless as possible.
Whitepaper | Financial Planning Issues to Consider Before Year’s End
Tracking numerous deadlines and avoiding missed financial planning opportunities can be challenging during the end of the year. Use this checklist of issues to consider.
What is operational resiliency and why is it important?
Operational resiliency: anticipate, prepare, respond, recover from disruptions, ensuring core services.
The Virginia Land Preservation Tax Credit Program
Learn how Virginia taxpayers can reduce their state tax liability through the Virginia Land Preservation Tax Credit program.
Best Practices: Assess Investment Portfolio Risk and Return Using Benchmarks
In this article, we’ll discuss recommendations from the Government Finance Officers Association (GFOA) about best practices for measuring portfolio risk and return against market indexes and benchmarks.
IRS Delays Roth Catch-Up Contribution Rule
The IRS has delayed the new Roth catch-up contribution rule for high earners until 2026. This change provides a strategic window for retirement planning, especially as fewer than 20 percent of eligible employees still don’t utilize catch-up contributions.
Navigating the Compliance Maze: A Government Contractor’s Guide to 401(k) Nondiscrimination Testing
As a government contractor, it is vital to possess a comprehensive understanding of the regulations governing 401(k) plans and the intricacies of nondiscrimination testing. While these retirement savings plans are commonly offered by employers, it is imperative to meet specific requirements to maintain their tax-deferred status.