Last year, Senate Bill 246 (134th GA) authorized pass-through entity owners to “elect” to file a new form IT 4738 and be subject to a new entity-level tax in response to the federal $10,000 SALT deduction cap limit placed on individuals.

The Department of Treasury and the IRS issued Notice 2023-64 to provide additional interim guidance designed to help corporations determine whether the new corporate alternative minimum tax (CAMT) applies to them and how to compute the tax.

In case you missed them, here are some recent interesting tax and financial planning news items from around the web.

As work continues to change, from companies embracing hybrid models to integrating artificial intelligence into the workflow, employers say soft skills remain of high importance for all workers, according to the results of a new study.

Promotions are typically considered milestones that solidify an employee’s place at a company, but new research shows that isn’t always the case.

In case you missed them, here are some recent interesting talent management news items from around the web.

Fundraiser salaries continued to grow in 2022 but not enough to keep up with inflation, according to the Association of Fundraising Professionals’ annual survey on fundraiser compensation.

When disaster strikes, Americans can always be counted on to help. That help comes in countless ways, but often the easiest way to help is by donating money to charities.

In case you missed them, here are some recent interesting nonprofit news items from around the web.

Joby Aviation Inc. announced plans Monday to build an electric air taxi manufacturing facility at Dayton International Airport, creating 2,000 new jobs in the region.

On September 14, the IRS made the unprecedented announcement to place a moratorium on Employee Retention Credit claims, sending a clear message to ERC mills and helping small businesses.

Years ago, when Lori Kaiser, CPA, asked for a loan for her business, she was told by two different banks to bring her husband in first, despite him not being involved in Kaiser Consulting.

When correctly done, site selection can add to a business’s potential, said one expert, but it’s easy to focus on the wrong things.

The Credit Union National Association (CUNA) has estimated credit unions lost savings from June to July at a rate not seen in five years and tightening liquidity with the loan-to-share ratio spiking to 84.7%.

FDIC-insured financial institutions reported a net income of $70.8 billion in the second quarter of 2023 — an 11.3% drop from the previous three-month span, according to the agency’s Quarterly Banking Profile.

In case you missed them, here are some recent interesting financial institutions news items from around the web.

SEC Chair Gary Gensler said the agency has not yet released a final rule requiring disclosure on climate risk partly because of public concern that companies would need to report Scope 3 carbon emissions across their supply chains.

In case you missed them, here are some recent interesting financial A&A news items from around the web.

Whether you’re exploring career options, working towards your accounting degree or already have your CPA license, you’ll be better prepared for the job market knowing what prospective employers are looking for in an ideal accountant candidate.

GASB has added a project on accounting and financial reporting issues for subsequent events to the Board’s current technical agenda.