Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
Accounting April 7, 2023
Illinois CPA Society President and CEO Receives Special Achievement Award
Geoffrey Brown, CAE, received this award in recognition of his exceptional achievements while serving as NAPFA’s CEO, a position he held for nine years before joining ICPAS in late 2022.
Payroll April 5, 2023
4-Day Workweek Gains Lawmaker Support in Some States
In the past three years, at least six states — California, Hawaii, Maryland, New York, Pennsylvania and Washington — have considered bills to mandate, incentivize or allow the switch to a four-day week.
Payroll April 4, 2023
New York State Society of CPAs Launches “Smart Money Habits” Financial Literacy Initiative
The newly created initiative is meant to educate and empower the public regarding vital aspects of financial literacy.
Firm Management April 4, 2023
Progress of Women in Leadership is Stalling
Grant Thornton’s latest research reveals it has been slow, increasing only half a percentage point to 32.4% in the past year, and only 13% since the research was first undertaken in 2003.
Payroll April 4, 2023
There’s a Gender Gap in Home Buying, Too
In 2016, 19.4% of young single women owned a home, compared with 29.6% of young single men — a gap of 10.1 percentage points.
Small Business April 4, 2023
Small Business Jobs and Wages Saw Modest Increase in March
The March report also showed average hourly earnings increased slightly from the previous month to 4.64 percent.
Payroll April 4, 2023
Americans Forecast to Spend $24 Billion on Easter in 2023
Eighty-one percent of Americans will celebrate the holiday and spend an average of $192.01, the highest figure on record.
Payroll April 3, 2023
U.S. and Canadian Astronauts to Return to the Moon in 2024
Humans haven’t traveled beyond low-Earth orbit in more than 50 years, but that’s set to change with the launch of the Artemis II mission to orbit the moon next year with four passengers on board.
Payroll April 3, 2023
Hawaii was Best State at Preventing Covid Deaths
Hawaii had the lowest death rate in the nation, at 147 per 100,000, when age and underlying illnesses were taken into account, four times less than states such as Arizona.
Taxes March 31, 2023
New Tax Relief for Emergency Expenses
Beginning in 2024, employers may allow plan participants to use a special emergency savings account. This “sidecar account” is capped at $2,500.
Taxes March 31, 2023
New Law Revamps Retirement Saver’s Credit
Expect some guidance from the IRS before the change takes effect. In the meantime, continue to take the old rules in account for retirement planning and tax purposes.
Payroll March 30, 2023
Half of U.S. Workers Earn Money from a Side Gig
Those earning $100,000 annually are more likely to have a growing supplemental income, the survey found.