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Understanding the Work Opportunity Tax Credit

RogerRossmeisl

Its generally limited to eligible employees who begin working for the employer before January 1, 2026. The post Understanding the Work Opportunity Tax Credit appeared first on Roger Rossmeisl, CPA.

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What Might Be Ahead as Many Tax Provisions are Scheduled to Expire?

RogerRossmeisl

With this date getting closer each day, you may wonder how your federal tax bill will be affected in 2026. appeared first on Roger Rossmeisl, CPA. Our current situation The Tax Cuts and Jobs Act (TCJA), which generally took effect in 2018, made sweeping changes. Many of its provisions are set to expire on December 31, 2025.

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The Auto Industry is Likely to Decline in Enterprise Value

RogerRossmeisl

compound annual growth rate and hit a new high at 98 million units in 2026. The post The Auto Industry is Likely to Decline in Enterprise Value appeared first on Roger Rossmeisl, CPA. According to IHS Markit, during the next five years unit auto sales will increase at a 4.7%

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Work Opportunity Tax Credit Provides Help to Employers

RogerRossmeisl

It’s generally limited to eligible employees who begin work for the employer before January 1, 2026. The post Work Opportunity Tax Credit Provides Help to Employers appeared first on Roger Rossmeisl, CPA. The IRS recently issued some updated information on the pre-screening and certification processes.

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Should Tax Planners Work with Family Offices? Tax Benefits of Establishing a Family Office

CTP

A family office focuses on managing the wealth and the personal affairs of a family, typically through the services of a large CPA firm. With the implementation of TCJA, that deduction has been suspended until 2026. What exactly is a family office?

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Carbon Accounting Frequently Asked Questions (FAQs)

Cherry Bekaert

Authors: Gabriela Payne, CPA On September 14, 2023, California’s Legislature approved a landmark Senate Bill 253/Climate Corporate Data Accountability Act, which is expected to have global impacts on corporate climate accountability. As the Firm has helped clients, Frequently Asked Questions (FAQs) have emerged.

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Friday Footnotes: BDO Blows It; PwC Blazes a Trail in New Audit Fines; Using AI For Tax Research | 8.16.24

Going Concern

Those are some of the many careers available to a certified public accountant (CPA). We need to come together as public accounting firms, public and private companies, industry associations and CPA societies to sell a career in accounting differently. Unfortunately, however, interest in the accounting profession is waning.

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