Insightful Accountant

JUNE 30, 2025

The SALT deduction changes remain substantial, retroactively increasing the limitation to $40,000 for 2025 and $40,400 for 2026, with one percent annual increases through 2029 before reverting to $10,000 in 2030. The phaseout for high earners above $500,000 remains, but workaround limitations were dropped. Like what youre reading?

general ledger

Withum

JULY 11, 2025

The SALT cap reverts to $10,000 in 2030. Author: Nicole Angiuoli , CPA | nangiuoli@withum.com Contact Us For more information on this topic, please contact a member of Withum’s Private Client Services Team. For individuals with MAGI over $500,000, the SALT Cap remains at $10,000. 1202 qualified small business stock and Sec.

Education

Withum

JULY 22, 2025

The new legislation increases the cap from $10,000 to $40,000, with further increases of 1% each year beginning in 2026, but then reverting to $10,000 in 2030. While there was talk that the SALT cap might be done away with this year, the OBBBA retained the cap.

income tax

Going Concern

MARCH 7, 2025

The kingdoms Vision 2030 transformation has relied heavily on firms like McKinsey & Co., Maryland accounting leaders seek new solutions amid historic CPA shortage [ Baltimore Business Journal ] The lack of CPAs has led many local firms to merge, often with private-equity-backed national firms, in order to stay competitive.

Government

CPA Practice

JULY 25, 2025

Thanks for reading CPA Practice Advisor! Leave a Reply Cancel reply Δ CPA Practice Advisor is the definitive technology and practice management resource for accounting and tax professionals. CPA Practice Advisor has products that deliver powerful content to you in a variety of forms including online, email and social media.

Tax

CPA Practice

JULY 4, 2025

Still, Elaine Buckberg, a former General Motors economist now at Harvard University’s Salata Institute for Climate and Sustainability, estimates that even with federal tax cuts disappearing, some 37% of new cars bought in 2030 will be electric. Thanks for reading CPA Practice Advisor! Outside the U.S., Visit bloomberg.com.

Tax

Accounting Today

JULY 18, 2025

New wind, solar and energy storage additions through 2030 will drop 23% compared to an earlier BNEF forecast as a result of the new legislation. By Michael Cohn 31m ago Practice management On the move: Whitley Penn names global talent partner Indiana CPA Society awards $24,550 in scholarships; Weaver and Herbein + Co.

Rhode Island

RogerRossmeisl

MAY 30, 2022

ARK believes that this could be “one of the most meaningful economic productivity delivering innovations of all time” and the GDP contribution from autonomous ride-hail systems could total around $26 trillion by 2030. The post Autonomous Ride-Hailing Will Displace Industry Incumbents appeared first on Roger Rossmeisl, CPA.

CPA

RogerRossmeisl

OCTOBER 17, 2020

This is Blog Post #907) Tony Seba is the author of “Clean Disruption of Energy and Transportation – How Silicon Valley Will Make Oil, Nuclear, Natural Gas, Coal, Electric Utilities and Conventional Cars Obsolete by 2030” and “Rethinking Transportation 2020-2030” He.

Technology

RogerRossmeisl

MARCH 5, 2024

billion by 2030, according to a report from Research and Markets. appeared first on Roger Rossmeisl, CPA. A recent report shows that post-pandemic global business travel is going strong. The market reached $665.3 billion in 2022 and is estimated to hit $928.4 This requirement. The post Taking Your Spouse on a Business Trip?

CPA

CPA Practice

MARCH 28, 2025

Gross domestic product is forecast to increase at an average rate of 1.6% over the next 30 years, compared with the 2.5% average increase over the last three decades, the report said

payroll

CPA Practice

APRIL 9, 2024

The results are profound: more than 99% of the top CPA firm leaders in the US said they can’t adequately fill their staffing needs domestically. In fact, by 2030 Gen Z will make up 30% of the workforce. This is mostly driven by those leaving the profession because of retirements , career changes and other reasons.

cpa firm

CPA Practice

SEPTEMBER 17, 2024

trillion through 2030 and drive 3.5% of global GDP in 2030. AI ‘ s Net Positive Global Economic Impact According to the research, in 2030, every new dollar spent on business-related AI solutions and services will generate $4.60 into the global economy, in terms of indirect and induced effects.

Technology

Going Concern

MAY 24, 2023

Haven’t they been saying for at least ten years now that 95% of accountants will be replaced by 2030? This isn’t much different from a sole proprietor CPA teaching his high school daughter how to enter receipts in Excel to make a little extra cash over the summer.

CPA

CPA Practice

JANUARY 18, 2024

IBM has developed many of the foundational technologies for the quantum era, which Assis said could arrive by 2030. He said a “trainwreck” is unfolding, estimating that it will take banks eight to ten years to transfer to post-quantum protocols, while scalable quantum computers will be available by 2029 or 2030.

Government

CPA Practice

APRIL 18, 2024

With RSM’s 2030 Global Strategy already in place, I am excited to drive progress towards our stated goals, to work with our fantastic professionals all over the world to harness our global strength, and to lead the next dynamic phase of RSM’s development.” and internationally on global client projects. I am excited to welcome E.J.

CPA

Going Concern

OCTOBER 17, 2022

32 leading industry commentators, CEOs, CFOs and board members from across the world have contributed their views on the future of financial services for KPMG’s Voices on 2030: Financial Services reinvented report. Campo, CPA, MBA (@ajthecpa1226) October 14, 2022. The IRS has a lot of work ahead related to the Inflation Reduction Act.

Iowa

Cherry Bekaert

NOVEMBER 9, 2023

Authors: Gabriela Payne, CPA On September 14, 2023, California’s Legislature approved a landmark Senate Bill 253/Climate Corporate Data Accountability Act, which is expected to have global impacts on corporate climate accountability. The bill will require more than 5,000 U.S. The bill will require more than 5,000 U.S.

Account

CPA Practice

APRIL 30, 2024

The number of connected IoT devices is expected to surpass 30 billion by 2030 , according to estimates by Statista. Under her leadership, Ace Cloud was honored as the Best Outsourced Technology Provider at the CPA Practice Advisor Readers’ Choice Awards 2023, among other accolades.

Account

Withum

NOVEMBER 1, 2022

billion by 2025, and then to almost $4 billion by 2030. Author: Michael Pahira , CPA | mpahira@withum.com. Among the most dramatic has been in the eSports and online gaming arenas which boasted a market value, for the first time in its short history, of over $1 billion at the end of 2020 and is expected to double to just over $2.1

Entertainment

CPA Practice

FEBRUARY 6, 2023

That’s going to be a setback for prospective EV buyers, not to mention our collective goal of 40-50 percent EV sales by 2030,” he wrote. That’s why it’s not just “griping from automakers” Bozzella argued—it could lead to confusion for consumers who may struggle to determine whether they can get a credit for their preferred vehicles.

Tax

CPA Practice

MARCH 4, 2024

Between 2027 and 2030, penalties related to scope 3 disclosures will only apply for non-filers; and on an ongoing basis there will be no penalties for any misstatements related to scope 3 disclosures made with a reasonable basis and disclosed in good faith. Reporting is required annually using a digital reporting platform.

California

CPA Practice

JULY 31, 2024

Revenue projections vary by scenario, ranging from $45 million to $112 million for 2026, to between $59 million and $160 million for 2030. Retailers with less than $1 million in retail sales would be exempt from the retail delivery fee, as would orders of $75 or less.

Washington

Going Concern

SEPTEMBER 27, 2024

Eighty-six percent of controllers believe their role will change “dramatically” by 2030, according to a report by Big Four firm Ernst & Young released Wednesday. Downtown-based Barnes Dennig has finalized a transaction to merge an Indianapolis CPA firm into its operations.

audit

CPA Practice

FEBRUARY 3, 2023

That’s going to be a setback for prospective EV buyers, not to mention our collective goal of 40-50 percent EV sales by 2030,” he wrote. That’s why it’s not just “griping from automakers” Bozzella argued—it could lead to confusion for consumers who may struggle to determine whether they can get a credit for their preferred vehicles.

Tax

Going Concern

NOVEMBER 6, 2023

NYT Magazine talks about Deloitte’s creepy monetization of the final frontier : Befouling the Final Frontier When its time comes, in 2030 — unlike Mir before it, which was de-orbited so it would burn up in the atmosphere — the I.S.S. We might dig deeper into that survey, we’ll see. will fall into the sea.

audit

CPA Practice

FEBRUARY 27, 2024

Gavin Newsom signed a bill that extended the program for another five years, through the state’s 2030-31 fiscal cycle. California’s Film and Television Tax Credit Program was expanded to $330 million annually in 2014. Last year, Gov. © 2024 Variety Media LLC, a subsidiary of Penske Business Media; Distributed by Tribune Content Agency LLC.

California

CPA Practice

MAY 17, 2024

As of this writing, I’m particularly anticipating the CPA Practice Advisor Mashup event at AICPA Engage, where I’ll present a version of Tech Update, which is the motivation for this column. Quantum computing – The new generation of computing is anticipated to arrive by 2030.

Technology

CPA Practice

OCTOBER 17, 2023

More than 60 countries worldwide have announced or already have mandates for e-invoicing, a number that could more than double by 2030. NetSuite Electronic Invoicing, which is powered by Avalara, will allow organizations to increase efficiency, reduce costs, and address compliance with global e-invoicing mandates.

NetSuite

Going Concern

APRIL 1, 2024

The scope and scale of Microsoft’s Copilot effort is a “shocking signal” of the potential the company sees in large language models, the machine-learning technology that underpins GenAI, said Jason Staats, CPA, a former accounting firm head in Portland, Ore., who founded and runs the accounting technology community Realize.

Account

CPA Practice

NOVEMBER 5, 2024

trillion by 2030. This announcement comes during a period of rapid growth for the embedded finance industry. A Dealroom report found that the market for embedded finance could reach $7.2

E-commerce

CPA Practice

AUGUST 9, 2023

In January 2023, we launched a new global strategy for 2030, uniting all 57,000 people at RSM around the world. And we continue to advance service offerings in new areas, such as environmental, social, and governance (ESG), where our clients are looking for our support.

accounting firms

CPA Practice

AUGUST 18, 2023

The research reveals that 64% of firms say climate related threats such as climate risks to physical assets or energy transition risks represented very material risks to their firm over the last 12 months, while 37% say their physical operations will face significant risk from climate change between now and 2030.

Technology

CPA Practice

AUGUST 15, 2023

The research reveals that 52% of firms say climate related threats such as climate risks to physical assets or energy transition risks represented very material risks to their firm over the last 12 months, while 37% say their physical operations will face significant risk from climate change between now and 2030.

Technology

CPA Practice

JANUARY 17, 2024

In fact, by 2030, it is predicted that 30% of jobs will be automated through various AI technologies, leading many people to worry about their changing roles,” DevRev said. However, AI will likely be used alongside humans within these sectors in the future, rather than replacing them completely.”

North Dakota

CPA Practice

MAY 22, 2024

To achieve its net-zero goals, Sage has already committed to a 50% reduction in Scope 1, 2 and 3 emissions by 2030 against a 2019 baseline, in line with the goals of the Paris agreement of 2015 – these near-term targets were approved by SBTi in 2023.

Non-Profits

CPA Practice

JANUARY 12, 2024

The report describes how Grant Thornton submitted its updated greenhouse gas (GHG) emissions reduction targets to the Science Based Targets initiative for validation and developed a roadmap to work toward achieving a 55% reduction in the firm’s absolute GHG emissions by 2030, and net-zero emissions by 2050.

accounting standards