Retirees Face Looming Tax Traps as Many Delay Early Retirement Account Distributions, New Research Reveals

By the time individuals reach retirement, many have dedicated perhaps half a century to diligently saving and investing for their so-called golden years. The natural inclination is to preserve as…

Levvy Integrates Advanced AI Capabilities, Connecting Practice Management with Leading Assistants

Levvy, a prominent provider of practice management software for accounting and client advisory services firms, has significantly enhanced its offerings with the introduction of new Levvy AI capabilities, announced on…

Clark Unveils "Clerks": Autonomous AI Employees Revolutionizing Audit Work for CPA Firms

Clark, a pioneering AI accounting and assurance platform, has officially launched Clerks, a groundbreaking suite of autonomous AI employees designed to perform core audit tasks for Certified Public Accounting (CPA)…

Rate and Compass International Holdings Merge Mortgage Joint Ventures to Forge Top-10 Pure Retail Lender

Rate and Compass International Holdings are consolidating their two significant mortgage joint ventures, a strategic move poised to create one of the nation’s leading pure retail mortgage lenders. The combined…

Empowering the Next Generation of Voters: The Rise of Youth Civic Infrastructure and the RISE Vote 2026 Initiative

As the United States approaches its 250th anniversary, the discourse surrounding the health and longevity of American democracy has increasingly shifted toward the necessity of building robust civic infrastructure. Generation…

Exploring the Employer Compensation Tax: A Novel Approach to Bolster Social Security and Medicare Funding

The looming insolvency of the Social Security trust funds has spurred a renewed search for sustainable revenue streams, with most proposals historically centering on adjustments to the payroll tax rate…

Understanding Home Equity Agreements: A Comprehensive Guide to Leveraging Your Home’s Value Without Traditional Debt

Home equity agreements (HEAs), often referred to as home equity sharing agreements, home equity investments, or shared equity agreements, represent a distinctive financial instrument allowing homeowners to access a portion…

The Critical Question Small Business Owners Overlook: Who is the Named Fiduciary of Your 401(k) Plan?

Certified Public Accountants (CPAs) who work closely with small businesses often find themselves intimately involved with their clients’ 401(k) plans. This engagement typically spans multiple touchpoints throughout the year, from…

Cherry Bekaert Acquires Sansiveri, Kimball & Co., Expanding New England Presence

Cherry Bekaert, a prominent Top 20 accounting firm, has announced its strategic acquisition of Sansiveri, Kimball & Co., a well-established accounting and advisory firm based in Providence, Rhode Island. This…

The U.S. Outdoor Recreation Economy Contributes Nearly $700 Billion to GDP in 2024

The U.S. Bureau of Economic Analysis (BEA) has released its latest comprehensive report on the outdoor recreation economy, revealing a significant economic powerhouse that contributed $696.7 billion to the nation’s…