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More Employers Tell Employees: Back to the Office in 2023
NextGen
More employers are requiring their employees to return to the office, the Wall Street Journal reported, citing internal…
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FASB Issued Fewer Standard Updates in 2022 Than in Recent Years
Accounting
The Financial Accounting Standards Board (FASB), issued only six accounting standard updates in 2022, “much to the glee of…
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Regulatory Roundup December 20-January 3
Regulatory Roundup
CBO Cost EstimateH.R. 267, 2020 WHIP+ Reauthorization ActDecember 22, 2022As reported by the House Committee on Agriculture…
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Estates and Trusts Update – 2022 In Review and 2023 Outlook
Estate Taxation
In the estate planning and administration world, the last two years have been driven by political instability. It started…
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The Inflation Reduction Act of 2022: Its Impact on CPAs and Their Clients
Federal Taxation
On August 16, 2022, President Biden signed The Inflation Reduction Act of 2022 (Public Law 117-169) into law. The Inflation…
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Corporate Transparency Act
Corporate Taxation
Introduction On December 11, 2020, the National Defense Authorization Act for Fiscal Year 2021 (“Defense Act”) was…
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2022 New York Tax Update – Year in Review
State Taxation
It turned out that 2022 was a busy year for New York State and City tax purposes. Highlights included a large and impactful…
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Federal Budget Bill Contains New Provisions for Retirement Savings
The Trusted Professional
Many Americans can expect some additional benefits in the new retirement package that is part of Congress’s budget deal,…
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Accounting Profession Confronts Shortages
The Trusted Professional
Accountants and auditors are continuing to leave their jobs in droves and efforts to fill the gaps are falling short, the…
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