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How Inflation Will Affect Your 2024 and 2025 Tax Bills

RogerRossmeisl

While recent inflation has come down since its peak in 2022, some tax amounts will still increase for 2025. For 2025, the standard deduction will increase to $15,000 for single taxpayers, $30,000 for married couples filing jointly and $22,500 for heads of household. For 2025, the highest. Here are the highlights.

Tax 261
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In 2025, the Social Security Wage Base is Going Up

RogerRossmeisl

As we approach 2025, changes are coming to the Social Security wage base. The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $176,100 for 2025 (up from $168,600 for 2024). Wages and self-employment income above this amount aren’t subject to Social Security tax.

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The Amount You and Your Employees Can Save for Retirement is Going Up Slightly in 2025

RogerRossmeisl

In Notice 2024-80, the IRS recently announced cost-of-living adjustments that apply to the dollar limitations for retirement plans, as well as other qualified plans, for 2025. 401(k) plans The 2025 contribution limit for employees who participate in 401(k) plans will increase to $23,500 (up from $23,000 in 2024).

CPA 263
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Maximize Your 401(k) in 2025: Smart Strategies for a Secure Retirement

RogerRossmeisl

If your employer offers a 401(k) or Roth 401(k), contributing as much as possible to the plan in 2025 is a smart way to build a considerable nest egg. If youre not already contributing the maximum allowed, consider increasing your contribution in 2025. The amounts are indexed for inflation.

CPA 200
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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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Nominations Open for 2025 “Most Powerful Women in Accounting” Awards

CPA Practice

We’re excited to open the nominations for the 2025 Most Powerful Women in Accounting.” The nomination period for the Most Powerful Women in Accounting Awards will close on January 31, 2025. For this reason, we are delighted to give women leaders more visibility and celebrate their accomplishments.

Account 135
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Top Reasons Businesses Are Changing Their Sales Tax Processes in 2025

TaxConnex

According to our latest survey of over 100 finance professionals, 85% of businesses are at least somewhat likely to adjust how they manage sales tax in 2025, with 47% being very likely to make changes. The top three reasons that respondents are looking to change their sales tax processes in 2025 are: 1.

Sales 147
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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

📆 March 13, 2025 at 9:30am PT, 12:30pm ET, 5:30pm GMT . 🚀 Upskilling your accounting toolkit to build financial resilience. Reclaim your influence and deliver greater value as a trusted advisor. Save your seat today!

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New Overtime Regulations Require Employers to Pay Up

Starting January 1, 2025, EAP employees making less than $58,656 a year are going to be eligible for overtime. There’s a new overtime salary threshold that will impact employers across the country.

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo and Dennis Street

📆 April 10, 2025 at 11:00 am PT, 2:00 pm ET, 6:00 pm GMT . 🚀 Future Trends in Accounting Technology: Learn about technologies that help attract and retain tech-savvy talent. Don’t miss this opportunity to learn about ways to transform your accounting practice and develop a competitive edge.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

📆 March 18, 2025 at 12:30pm PT, 3:30pm ET, 8:30pm GMT . 🔐 Practical Defense: Walk away with a toolkit of preventative measures to protect your organization’s assets. Join us to sharpen your fraud detections skills and learn how to build an impenetrable defense. Save your seat today!

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations.

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New Software & You: Elevating Your Tech Stack

Speaker: Joe Wroblewski, Senior Sales Engineer

📆 May 1st, 2025 at 9:30 AM PST, 12:30 PM EST, 5:30 PM BST Register today!

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

📆 May 8, 2025 at 9:30am PT, 12:30pm ET, 4:30pm GMT . 🤝 Strategies for building a high-performing culture that retains and empowers top finance talent. 🔗 Practical steps to foster cross-functional collaboration for maximum business impact.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

📆 May 14, 2025 at 11:00 am PT, 2:00 pm ET, 6:00 pm GMT Attendees will walk away with actionable strategies to optimize financial operations while ensuring resilience, accuracy, and business continuity in an evolving digital landscape.