Latest Articles

  • Study: Pay Disputes More Common in Finance and Insurance Industries

    By:
    Chris Gaetano
    |
    Jun 5, 2018
    When it comes to pay disputes with workers, such as failing to pay employees for overtime or expecting them to do tasks off clock, finance and insurance companies make up half of the top 12 payers of settlements and fines over such matters. 
  • IRS Gets Specific on What It Will Need for TCJA Implementation

    By:
    Chris Gaetano
    |
    Jun 5, 2018
    The IRS will need nearly $300 million to implement the Tax Cuts and Jobs Act, and it recently outlined specifically what steps it would need to take to do so. 
  • Regulatory Roundup: May 30-June 5

    By:
    Chris Gaetano
    |
    Jun 5, 2018
    With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYSSCPA’s regular series that collects relevant regulatory ‚Äč‚Äčannouncements from the past week, and puts them in one place to help you stay on top of the issues.    
  • Finance Departments Preparing for Large-Scale Automation

    By:
    Chris Gaetano
    |
    Jun 4, 2018
    Companies are increasingly turning to software to automate tasks that were once done by people: 41 percent of finance executives in the U.S. and Europe say that their firms have an enterprise-wide automation strategy in place, with finance departments, not IT, generally leading the way. 
  • IRS Warns That, While Tax Season Is Over, Tax Scams Still Abound

    By:
    Chris Gaetano
    |
    Jun 4, 2018
    While the tax season is now over, the IRS has warned the public that this is no time to relax, as scammers are still impersonating government personnel to part taxpayers from their money. 
  • CPA Business Execs Slightly Less Optimistic on Economy

    By:
    Chris Gaetano
    |
    Jun 1, 2018
    Business executives who are also CPAs are slightly less optimistic about the economy than they were a few months ago, with opinions slipping on concerns about trade and political disruption. 
  • Study: The More Business Travel, the Worse Your Health

    By:
    Chris Gaetano
    |
    Jun 1, 2018
    If you ever suspected that business travel was literally killing you, a recent study has come out saying it's got proof: the more frequently people travel for business, the worse health they have. 
  • Fed Rolls Out Proposed Changes to Volcker Rule

    By:
    Chris Gaetano
    |
    May 31, 2018
    The Federal Reserve has proposed changes that would relax some of the requirements in the Volcker Rule, which Congress instituted in the wake of the financial crisis to prevent banks from engaging in proprietary trading and from owning or controlling hedge funds or private equity funds.
  • Lease Standards Still Challenging Companies: Poll Shows Only 44 Percent Have Even Begun Transition

    By:
    Chris Gaetano
    |
    May 31, 2018
    Despite having had two years to get ready, companies are still struggling to implement the Financial Accounting Standards Board's new lease standards that go into effect this year, with a recent survey showing only 44 percent of companies have even begun making the transition. 
  • Unusually Large Number of Companies Flubbing CEO Pay Disclosures, Revising Info

    By:
    Chris Gaetano
    |
    May 30, 2018
    At least 16 S&P 500 companies are revising their financial information to account for errors made in CEO pay disclosure, adjusting their totals up or down by millions of dollars.