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For some clients, taking distributions from their traditional individual retirement accounts before retirement may be a bridge too far. For others, the strategy could lead them...
For an industry that’s often stereotyped as stagnant, the world of accounting is changing at unprecedented speed: accounting industry trends include headline-grabbing topics such as AI,...
The Internal Revenue Service may be facing steep cuts in its budget with the win on Tuesday night of President-elect Donald Trump. Funding for the IRS...
Over half of accounting and tax firms plan to increase fees across all services in 2025, according to a new survey. The survey, released Wednesday by...
Illinois voters approved a nonbinding proposal to add an extra 3% levy on annual incomes of more than $1 million, which could fuel a new effort...
Robust cash flow is king. Yet many accounts receivable teams find themselves mired in manual processes that are slow and, ultimately, costly. With the advent of...
Individuals waiting until after the presidential election to begin their year-end tax planning election can wait no longer: The votes have been cast, and Dec. 31...
First, the good tax news. Clients approaching retirement can delay their future required minimum distributions — and accompanying income taxes — until they’re 73 rather than...
Donald Trump is returning to the White House, and the U.S. economy is in for a wild ride. The former and soon-to-be next president has promised...
Almost 10 months after a scandal that shook Archer-Daniels-Midland Co., the commodity-trading giant is still struggling to sort out its accounting. ADM, which in March adjusted...
