Increasing productivity and flow in tax and accounting firms

When McKinsey & Company asked 5,000 executives how much more productive they are during peak performance,…

5 client communication tips for accountants

Psychologist and author Rollo May observed, “Communication leads to community, that is, to understanding, intimacy, and…

DOL to Investigate 401(k) Plans Offering Cryptocurrency Investments

The DOL has issued a compliance assistance release expressing “serious concerns” about the prudence of making…

HHS Adjusts Civil Monetary Penalties Again for HIPAA, MSP, and SBC Violations, Effective March 17, 2022

HHS has announced adjustments of civil monetary penalties for statutes within its jurisdiction. The latest amounts…

IRS Announces 2022 Automobile Depreciation Deduction Limits and Inclusion Amounts

The IRS has announced the 2022 inflation-adjusted Code § 280F “luxury automobile” limits on certain deductions that may…

Appropriations Bill Restores Telehealth Exemption for HDHPs for Remainder of 2022

Congress has passed, and the President has signed, omnibus spending legislation that (among other things) temporarily…

Managing millennial and Gen Z accountants

Millennials represent the largest workforce in the U.S., and by 2025, Gen Z will make up…

Can Tobacco Users Be Required to Pay More for Group Health Plan Coverage?

QUESTION: Our self-insured health plan would like to reduce required employee contributions for employees who do not…

5 ways accountants can save time with better email management

It may be one of the oldest digital technologies in existence, but there’s no denying that the…

recommending “go-green” tax incentives to accounting clients

If your tax and accounting firm’s clients are concerned about increasing gas and energy costs, “go-green”…