Accounting
Top stories summarized by our editors
7/23/2018

Although boards are busy with important oversight of risk management, strategy and succession planning, attention to an organization's culture also plays a critical role in effective governance. Here's how to spot red flags that might indicate ethical problems in an organization's culture.

7/23/2018

Even small tweaks to a retirement-savings strategy can lead to significantly more money in retirement. These include taking advantage of matching contributions and increasing salary deferrals to your retirement plan when you receive a raise.

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Forbes
7/23/2018

Because "trade or business" is largely undefined in the Internal Revenue Code, there can be confusion about whether a new entity's operations are an extension of an existing trade or business or represent a new trade or business. This can affect accounting methods, the at-risk limitation and other issues, as recent cases illustrate.

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The Tax Adviser
7/23/2018

Many organizations will increase focus on cybersecurity in the coming year. Here's how executives and boards can help their organizations adapt to the rapidly changing landscape.

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Financial Management
7/23/2018

As baby boomers prepare for retirement, CPA firm leaders are considering selling their businesses or training younger members to eventually take over. In addition, some might impose a mandatory retirement age.

7/20/2018

The number of Americans filing for state unemployment benefits fell last week to a seasonally adjusted 207,000, the smallest number since December 1969, the Labor Department said. Economists surveyed by Reuters expected claims to rise to 220,000.

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Reuters
More Summaries:
Labor Department, Reuters
7/20/2018

Small business owners can maximize their qualified business income deduction under the new tax law by setting up a qualified retirement plan.

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Tax Insider
7/20/2018

Here are ways to simplify the process of paying taxes when receiving income from sources such as Social Security, pensions and retirement accounts.

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CNBC
7/20/2018

The Financial Accounting Standards Board on Thursday clarified rules and corrected application of guidance that it had not intended when it issued its new lease accounting standard in 2016.

7/20/2018

It's easy to make a mistake while using Excel functions that help you look up data in a table or list. Here's how to get the most out of this popular tool.

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Financial Management