It is estimated that over 1 million Canadians file tax returns in the U.S. and that another 1 million should be filing, but don’t. The main reason the Canadians that should be filing but don’t is that they do not fully understand the U.S. residency requirements and therefore the requirement to file U.S. tax returns. Dale A. Walters, CPA shares the most common misconceptions.
Several studies predict that most Americans will face a retirement income gap and could outlive their savings by an average of eight to 20 years. here are the biggest changes from SECURE 2.0 that impact your clients.
CPAs from Tucson share why they call their city home and how it shapes their careers.
This month’s update includes information on upcoming events and opportunities to engage with the ASCPA advocacy team.
Meet the new members of the ASCPA who joined in October 2023.
In the medical world and in our society, stress has been highly demonized. I see articles all the time on “How To Fight Stress” and “Be Stress Free.” Neither work, and both amplify the problem. Now, what I love about problems is that they can be solved! And if you really think about it, why would you want to eradicate stress? Some of the most meaningful experiences are “stressful” – just think motherhood, public speaking or a big project at work.
Resolving federal tax disputes starts as a science and becomes an art. Federal tax disputes often arise because the taxation system depends on voluntary compliance. The primary purpose of the federal income tax is to raise revenue for the federal government and, to achieve this purpose, there must be a high degree of voluntary compliance.
As we transition to a new calendar year, I thought it would be an excellent opportunity to explore different aspects of the job transition process.
On September 14, 2023, the IRS issued IR-2023-169 with a moratorium on processing new ERC claims through at least the end of the year. But, don't get freaked out! ERC qualifications have not changed and you can still file.
This report overviews accounting education, the CPA exam, and public accounting firms’ hiring of recent graduates.
Your membership supports the future of the profession. Learn about the most recent ASCPA events that are introducing students to the possibilities of a career in accounting.
This month’s update includes information on the Board of Accountancy meeting and state economic outlooks.
Meet the new members of the ASCPA who joined in last month.
This is the constant refrain of the lawmaker about to cast a vote for legislation they support. But, what qualifies as a “good bill” is certainly debatable.
Meet the new members of the ASCPA who joined in August 2023.
Most firms are experiencing some of their best financial years, but almost every firm has a major issue: They have more work than they can handle, and there is a greater demand for their services. It’s a great problem to have financially, but the lack of people to do the work is incredibly frustrating.
Donor-Advised Funds (DAFs) are attractive to our clients for many reasons. One of the big reasons is that a DAF provides you with the opportunity to add value by providing guidance around the rules of donating highly appreciated assets.
Barry Graham is an active CPA that currently holds elected office in the state of Arizona. After taking office in January 2023, Graham is now serving a four-year term on the Scottsdale City Council.
The ASCPA's chair, Andrea Levy, shares exciting wins in advocacy from the past fiscal year.
Recent news organizations have reported a resurgence of check fraud. While this type of fraud is not a new scheme with new technology, we need to understand the reasons behind this spike, and how it works, so we can better protect ourselves as consumers and business owners.