News & Tools
- PCAOB offers new guidance for quality control remediation
- Wait times for practitioner phone line reduced, IRS official says
- How to communicate with purpose
- The number of CFOs who are women hits an all-time high
- Using ChatGPT with Excel
- How corporate boards can forge healthy relationships with managers
- New online portal available for businesses to file Forms 1099
- Taxpayers reminded about digital asset question and income reporting
- 9 facts about HSAs that might surprise your clients
- Switch hitter: How a baseball standout became a CPA
- FinCEN provides time estimates for compiling beneficial ownership details
- Auditing best practices: What academic fraud research reveals
- Auto depreciation limitations make a big leap for second year in a row
- How firms use stay interviews to boost retention
- FASB provides update on disaggregation project
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Accounting News
Retaining Tax Information and Records
Retaining and storing your income tax information and records is an important final step of your tax filing responsibility. This article contains information on the rules for keeping your tax records.
Working May Decrease Your Social Security Benefits
Many taxpayers currently underemployed due to recent economic conditions may consider applying for social security retirement benefits earlier than they previously planned to supplement their income. But, continuing to work while receiving those benefits may cause their benefits to be reduced below the anticipated amount.
Traditional to Roth IRA Conversions
Four years ago, the Tax Increase Prevention and Reconciliation Act of 2005 (TIPRA) relaxed some restrictive rules preventing many taxpayers from converting a traditional IRA to a Roth IRA, but this favorable change was not effective until 2010.