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In 2025, the Social Security Wage Base is Going Up

RogerRossmeisl

As we approach 2025, changes are coming to the Social Security wage base. The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $176,100 for 2025 (up from $168,600 for 2024). Wages and self-employment income above this amount aren’t subject to Social Security tax.

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Inflation Enhances the 2025 Amounts for Health Savings Accounts

RogerRossmeisl

The IRS recently released guidance providing the 2025 inflation-adjusted amounts for Health Savings Accounts (HSAs). The post Inflation Enhances the 2025 Amounts for Health Savings Accounts appeared first on Roger Rossmeisl, CPA. Within specified dollar limits, an above-the-line.

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Nominations Open for 2025 “Most Powerful Women in Accounting” Awards

CPA Practice

We’re excited to open the nominations for the 2025 Most Powerful Women in Accounting.” The nomination period for the Most Powerful Women in Accounting Awards will close on January 31, 2025. For this reason, we are delighted to give women leaders more visibility and celebrate their accomplishments.

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New marginal tax rates for 2025

Accounting Today

The highest marginal tax rate for 2025 is 37% and the lowest is 10%.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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Notable 401(k) and IRA plan changes for 2025

Accounting Today

The IRS introduced changes to certain contribution limits to 401(k) and retirement plans for 2025, while some limits will remain the same.

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IRS Updates Tax Brackets, Standard Deductions For 2025

CPA Practice

22 released updated tax brackets and standard deductions for 2025. These tax rates are for the 2025 tax year covering tax returns that will be filed in 2026. These tax rates are for the 2025 tax year covering tax returns that will be filed in 2026. The IRS on Oct.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

📆 January 16th, 2025 at 11:00 AM PST, 2:00 PM EST, 7:00 PM GMT

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New Overtime Regulations Require Employers to Pay Up

Starting January 1, 2025, EAP employees making less than $58,656 a year are going to be eligible for overtime. There’s a new overtime salary threshold that will impact employers across the country.

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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

📅 January 15, 2025 at 11:00 am PT, 2:00 pm ET, 7:00 pm GMT Become the financial leader who not only unlocks growth for your clients but also elevates your own practice. Ready to lead with impact? Register today!

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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

📅 January 30, 2025 at 11:00 am PT, 2:00 pm ET, 7:00 pm GMT . 🛠 Structure services to maximize automation effectiveness - not just through tech but through purpose built offers. Take the leap toward strategic automation that drives results for your firm and clients alike. Register now!

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How To Optimize Cash Flow: Your Roadmap To Resilience!

Speaker: Genevieve Hancock, CPA

Cash flow isn’t just about balancing numbers - it's about ensuring your organization is positioned for both immediate stability and long-term success. Understanding that cash flow management fuels every decision, every opportunity, and every growth phase is critical.

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The Financial Leaders Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership.

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The Ultimate Finance Toolkit: Proven Strategies For Impact And Efficiency

Speaker: Duke Heninger

With the rise of fractional finance roles, many CFOs, FP&A professionals, controllers, and accountants are stepping into independent consulting. The expansion of fractional services presents new opportunities for finance professionals, but many face challenges in navigating this transition, finding it daunting.

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How To Streamline Finance Operations Through Automation

Speaker: Claire Grosjean

In today’s fast-paced business environment, finance professionals are under increasing pressure to optimize operations and drive strategic value. As a result, automation has become a core part of business strategy, offering unprecedented opportunities to streamline operations and drive efficiency.