Social Security Administration rethinks text-based security measures

August 24th, 2016  // News

The Social Security Administration has temporarily eliminated a security measure that required online users to sign in with a special code sent via text message. Users complained that they had difficulty accessing their accounts. The extra security is still available on a voluntary basis. Read more

How to handle challenging clients

August 23rd, 2016  // News

CPA practitioners can easily get frustrated when working with clients who pay their bills late, fail to provide information in a timely fashion or treat people rudely. But there are ways to manage troublesome clients and keep your sanity. Read more

IRS warns consumers about rising back-to-school tax scams

August 22nd, 2016  // News

With the arrival of the back-to-school season, criminals are using a variety of telephone scams to demand money to pay nonexistent taxes, including a "federal student tax," according to the Internal Revenue Service. "Although variations of the IRS impersonation scam continue year-round, they tend to peak when scammers find prime opportunities to strike," Commissioner John Koskinen said. Read more

Fed: Creation of middle-income jobs begins to recover

August 19th, 2016  // News

For the first time since the end of the recession, the US economy is creating a significant number of middle-income jobs paying $30,000 to $60,000 a year, an analysis by the Federal Reserve Bank of New York found. "[W]e are seeing gains in middle-wage jobs actually outnumber gains in higher- and lower-wage jobs nationwide," said New York Fed President William Dudley. Read more

Changes proposed for peer review reports, firm representation letters

August 18th, 2016  // News

Peer review reports would be modified to clearly indicate if a single audit was selected under a proposal issued Wednesday by the AICPA Peer Review Board. The board also proposed modifying the firm representation letter to reflect all must-select engagements, including single audits. Read more

Revision of CPE standards embraces new learning methods

August 17th, 2016  // News

CPAs will be able to receive credit for continuing professional education material delivered through nano-learning and blended learning instruction as a result of new standards issued Tuesday by the AICPA and the National Association of State Boards of Accountancy. Read more

Why it is critical to meet Medicare enrollment deadlines

August 16th, 2016  // News

People who miss the enrollment deadline for Medicare when they become eligible could be penalized with higher premiums for the rest of their lives. Here's a look at the rules for Medicare parts A, B and D and private-sector Medigap plans. Read more

How to leave your job gracefully

August 15th, 2016  // News

Leaving a job while maintaining your relationships with your colleagues takes some extra effort after you give your manager notice. This article offers suggestions on how to tell your co-workers, ease the transition and elevate other people who deserve a chance to take on more responsibility. Read more

Ask these 3 questions during your next job interview

August 12th, 2016  // News

Job interviews present opportunities for candidates to ask questions and learn more about the people they will possibly work for. Here are three questions to ask to learn more about managers and their expectations. Read more

US accounting salaries escalating amid talent shortage

August 11th, 2016  // News

Accounting and finance salaries in the US are projected to rise 2.8% in 2017, according to a salary guide published by recruiting firm Accounting Principals. That's up from projected rises of 2.4% for 2016 and 1.2% for 2015, and reflects a shortage of qualified professionals. Read more





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