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AICPA Submits Recommendations More Streamlined Process for Disaster Extension Requests

CPA Practice

Section 1033 of the Internal Revenue Code allows taxpayers who lose a home or business in a major disaster a certain amount of time to replace their property with no taxable gain being recognized. 2 Publicize the number of section 1033 extension requests received and approved each year.

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Tax Credits: Cash Savings for Technology Companies as They Scale

Cherry Bekaert

Contact Us The post Tax Credits: Cash Savings for Technology Companies as They Scale appeared first on Cherry Bekaert.

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The Certified Payroll Professional Corner: Regular Rate Calculation for Overtime Purposes

ThomsonReuters

We asked: “There are three sections to Form I-9. Employers must complete and sign Section 2 of Form I-9 within a certain period of time from the date of hire (first day of work for pay) for a new employee. Also, employers are required to complete Section 3 of Form I-9 for reverification and rehires. COVID-19 challenges.

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Here’s the Projected Pay Range for Seven Accounting and Tax Roles in 2024

CPA Practice

Salaries for an accountant are expected to range, depending on experience, from $57,719 to $104,788 in 2024, as the balance of power tilts slightly back toward employers with the Great Resignation winding down , according to the 2024 Salary Guide from staffing agency Randstad USA.

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Here’s the Projected Pay Range for Seven Accounting and Tax Roles in 2024

CPA Practice

Salaries for an accountant are expected to range, depending on experience, from $57,719 to $104,788 in 2024, as the balance of power tilts slightly back toward employers with the Great Resignation winding down , according to the 2024 Salary Guide from staffing agency Randstad USA.

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Update on the CPA Profession

Dent Moses

The CPA pass rate is approximately 50%, depending on the exam section. We have never staffed to work people an excessive number of hours. Those earning a master’s degree slipped by 6.4%. CPA exam candidates declined to 67,335 in 2022 – the lowest number in 17 years. Demographics are the cause of some of the decline.

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Are Employee Assistance Plans Subject to ERISA?

ThomsonReuters

Accordingly, an EAP providing mental health counseling will be considered an ERISA plan, while an EAP that purely provides referrals and general information and is not staffed by trained counselors likely is not an ERISA plan. Mental health counseling, whether for substance abuse, stress, or other issues, is considered medical care.

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