TSCPA Joins the AICPA in Advocating for Delay in BOI Reporting Requirements
TSCPA has joined the AICPA in advocating for the delay of the effective date of beneficial ownership information reporting requirements. View More
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TSCPA has joined the AICPA in advocating for the delay of the effective date of beneficial ownership information reporting requirements. View More
The Federal Reserve recently announced that its new system for instant payments, the FedNow® Service, is now live. View More
The IRS recently released Rev. Proc. 2023-23, issued pursuant to Sec. 223(g), announcing that the maximum contribution to a health savings account and certain associated amounts will be higher in 2024. View More
The American Rescue Plan Act of 2021 reauthorized the Small Business Jobs Act of 2010, which established the second installment of the State Small Business Credit Initiative. View More
Over a decade ago, the FASB established the Private Company Council to address accounting concerns associated with private companies. The PCC works with the FASB in determining whether accounting alternatives or practical expedients for private companies are needed in the U.S. GAAP. The FASB has issued several Accounting Standards Updates as a result of its joint effort with the PCC. View More
ESG stands for environmental, social and governance and is often used interchangeably with sustainability, corporate responsibility (CR), corporate social responsibility (CSR), and triple bottom line. Fundamentally, sustainable business practices consider the future effects of business policies and activities. View More
Employee and candidate demands for a flexible schedule or remote working environment are pushing accounting firms outside of their comfort zone as they try to remain competitive. View More
Customer and client convenience demands more online payment methods. Consequently, we thought it was essential to understand these five payment process improvements. View More
The IRS recently issued guidance addressing improper forgiveness of a Paycheck Protection Program loan. View More
I remember my very first budget meeting of the year. For 18 years, we went through the same type of budget exercise in which the company would ask each department to submit detailed reports, and Accounting would roll the budget up to see “where we were.” View More