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Obvious Figure of the Day: 95% of Hiring Managers Are Having Trouble Finding Finance and Accounting Talent

Going Concern

That’s the percentage of hiring managers in finance and accounting having trouble finding skilled talent according to recent Robert Half research. For example, according to data from the BLS, the unemployment rate for accountants and auditors is 0.9%, and for financial clerks, it’s just 0.3%.

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5 Ways to Attract and Retain Talent in the Accounting and Finance Industry

Cherry Bekaert

Accounting and finance employment is projected to grow 4% from 2022 to 2032, with about 126,500 openings for accountants and auditors each year on average. 1 But attracting and retaining talent is proving difficult for several accounting recruiters and accounting talent acquisition specialists. retirement).

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Friday Footnotes: The Bravest of Accounting Firms; Oh STFU, CFOs; | 8.09.24

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. So here, take this tweet instead. Also how much they pay offshore staff.

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Renewable energy tax credits: Geothermal, solar, biomass, wind power, and more

ThomsonReuters

For accountants, understanding renewable energy tax credits and how they relate to individuals and businesses is essential in helping clients maximize their tax benefits. Let’s take a look at how these tax incentives encourage the adoption of clean energy practices and how accountants can support their clients in making this shift.

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What to Know about Tax Savings in the Inflation Reduction Act

CPA Practice

CPAs, tax professionals and finance and accounting teams need to take stock of all that is in the legislation because it may make a significant difference in tax savings for clients if they are eligible homeowners and businesses.

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Understanding energy efficient tax credits

ThomsonReuters

Because tax credits are available for a wide variety of energy efficient upgrades, accountants play a pivotal role in guiding clients through claiming these tax credits, ensuring compliance with eligibility criteria, and meeting documentation requirements.

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2022 Year-End Tax Planning Checklist

Withum

Consider increasing the amount you set aside for next year in your employer’s health flexible spending account (FSA). Tax-Advantaged Accounts. It may make sense to convert all or part of your eligible retirement accounts (e.g., Geography, such as distressed zones, enterprise zones, or tax-increment finance districts.