Featured News
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CFO optimism rises in 2024 economic outlook
Financial executives expect solid business performance in 2024, forecasting on average 5% revenue growth and a 2.7% expansion in payrolls.
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IRS collects record-setting $4.9T in tax revenue in 2022
The IRS collected a single-year record of $4.9 trillion of total tax revenue from return filings in fiscal year 2022, according to a TIGTA report.
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IRS posts draft form, instructions for corporate AMT
The IRS has released a draft form and draft instructions to the form for the corporate alternative minimum tax (AMT).
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AICPA shares resources for BOI reporting
The AICPA recently shared several resources to help tax professionals navigate the new beneficial ownership information (BOI) reporting requirement.
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Labor Department proposes new fiduciary rule
Many financial advisers who offer retirement investment advice would be subject to new ethical requirements under recently proposed regulations.
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Small businesses saw job growth for all of 2023, report finds
U.S. small businesses experienced job growth for all of 2023 and extended a cycle of consistent job growth for 33 straight months, according to a year-end data report.
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Survey: Accountants with dual certifications earn more
Accountants in the U.S. who hold both CPA and CMA designations earn over $38,000 more than their noncertified peers, according to a recent salary survey.
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IRS updates FAQ on clean vehicle credits
The IRS recently updated the FAQ section of its fact sheet that provides guidance related to clean vehicle credits.
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Holiday sales rose this year despite financial concerns
Holiday sales rose this year and spending remained resilient during the shopping season even with Americans wrestling with higher prices in some areas and other financial worries.
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Protecting your company from occupational fraud
Awareness is key to companies protecting themselves from occupational fraud like cash misappropriation and financial statement manipulation.