How Reporting Might be Less Complex in 2025
Category Archives: Blog
How Reporting Might be Less Complex in 2025
🖨 Print⏱ 4 min readShare by A Dec. 3 proposal from FASB’s Accounting Standards Update (ASU) might provide some flexibility for private businesses and select nonprofits. “Financial Instruments – Credit Losses (Topic 326)” looks at measuring credit losses for contract … Continue reading
What is Innocent Spouse Relief?
🖨 Print⏱ 4 min readShare by The word “innocent” in innocent spouse relief can be misleading. It doesn’t imply you’re perfect or blameless – it’s more about whether you knew or should have known about the tax issue. The IRS … Continue reading
Securing Client Data: The Importance of Encrypted Apps
🖨 Print⏱ 4 min readShare by The Salt Typhoon cyberattack is among recent cyberattacks that reaffirm the urgent need for robust data security measures. This attack targeted major telecommunications providers, compromising critical infrastructure and potentially exposing vast amounts of sensitive … Continue reading
The Social Security Fairness Act of 2023: More Retirement Income for Teachers, Police, Firefighters & Gov. Workers
🖨 Print⏱ 3 min readShare by The Social Security Fairness Act of 2023, formally known as H.R. 82, aimed at ending two provisions in the Social Security system that affect public sector employees who have earned pensions from jobs not … Continue reading
Making Pensions Equitable, Protecting Foster Kids, Mail-in Votes and Tracking Government Spending
🖨 Print⏱ 3 min readShare by All bills not enacted by the end of the 118th congressional session on Jan. 3, 2025, will expire. Social Security Fairness Act of 2023 (HR 82) – This bill, with 330 bipartisan sponsors and a similar bill … Continue reading
Understanding Carbon Accounting
🖨 Print⏱ 3 min readShare by Also known as greenhouse gas (GHG) accounting, carbon accounting is a way for managers and analysts to measure a company’s total carbon emissions. It’s a comprehensive approach to analyze how a company uses energy … Continue reading
