Engagement is critical for firms moving to a more remote-friendly workplace. More accountants should have the new technologies and the wellbeing support from their leaders, but they must also have the right technology at their disposal. Download our employee checklist for a detailed look at how you and your accounting firm can protect your technology from [...]

Many financial institutions allow you to opt out of paper statements or set up e-statements through online portals. Creating bank statements for personal use or record-keeping is typically legal. However, falsifying statements for fraudulent purposes is illegal and unethical. A bank statement can help you to track your spending, identify areas where you may be [...]

The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. This clue last appeared in the WSJ Crossword on October 4, 2023. If you need help with other clues, head to our WSJ Crossword [...]

You must depreciate MACRS property acquired by a corporation or partnership in certain nontaxable transfers over the property's remaining recovery period in the transferor's hands, as if the transfer had not occurred. You must continue to use the same depreciation method and convention as the transferor. You can depreciate the part of the property's basis [...]

Unlike payments made to Social Security, there are no maximum contribution limits, or caps, that apply to Medicare. Wages paid in excess of $200,000 for single filers and in excess of $250,000 for married filers starting in 2013 through 2021 will be subject to an extra 0.9% tax. People should report all their taxable income [...]