The new, larger standard deduction makes it less likely individuals will have a tax benefit from making charitable contributions. Find out how individual taxpayers and not-for-profit organizations should plan for this change.
The most productive individual contributors do not always make successful managers because leading others effectively requires a different set of skills. Companies can address the issue by helping their most promising employees develop six leadership skills before promoting them.
CPAs whose work for clients is limited to preparing tax returns might be missing out on an opportunity to do more. Providing strategic advice on how clients can manage their finances can help CPAs deliver value all year long.
"It's not hard to spot signs of toxic cultures," writes IIA President and CEO Richard Chambers. "They generally have poor communications, as well as distracted and unproductive employees, and there tends to be a lot of finger-pointing and blame games when things go wrong," he writes.
Standards are drafted and updated all of the time. Did you know you can have a say in them? Write a comment letter to share your perspective. It's easier than you might think. Here are hints to help you shape the rules and the way we practice.
People who have student loans that are in default might not receive expected tax refunds because the government might apply this money to overdue balances. In fiscal 2017, the Treasury Department collected close to $2.6 billion owed on defaulted student loans.
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