Most Clicked CPA Letter Daily Stories


1. Obama moves to widen eligibility for overtime pay

CPA Letter Daily | Jun 30, 2015

President Barack Obama has proposed a rule to make overtime pay available to millions of workers. Congressional action is not required. Supporters and critics expect the rule to be challenged in court and possibly in Congress. The New York Times (tiered subscription model) (06/29)


2. Retirement planning tactics that could be eliminated

CPA Letter Daily | Jul 06, 2015

The U.S. government may take action to eliminate three "loopholes" related to retirement savings. These include back-door Roth IRA conversions, certain "aggressive" tactics for claiming Social Security benefits and stretch IRAs. Money magazine (06/30)


3. A look at the tax treatment of employer-provided meals and lodging

CPA Letter Daily | Jul 02, 2015

When can employees exclude the value of employer-provided meals and lodging from their taxable income? This article explains the rules and looks at potential pitfalls. Journal of Accountancy print issue (07/01)


4. Watch for these Social Security missteps

CPA Letter Daily | Jun 30, 2015

Given the complexity of the system, it is easy to make a mistake with Social Security. For example, some Americans claim their benefits early, worrying that they won't live long enough to take advantage of the higher payments that come with waiting until age 70. But it's more important to ensure you won't run out of money in retirement. CNBC (06/29)


5. Retirement savings may suffer even with auto-enrollment

CPA Letter Daily | Jul 01, 2015

Automatic enrollment is getting more Americans to participate in workplace retirement-savings plans, but too many still don't save enough if employers set a low default contribution level. CNBC (06/29)


6. The secrets to success of one of the world's youngest CPAs

CPA Letter Daily | Jul 06, 2015

Belicia Cespedes became one of the youngest CPAs in the world when she successfully passed the CPA exam at age 17. Here's how she did it -- and what she plans to do next. Journal of Accountancy print issue (07/01)


7. Managing risk with captive insurance companies

CPA Letter Daily | Jul 01, 2015

Captive insurance arrangements that meet the stringent requirements to qualify as actual insurance companies can offer large tax benefits, but the Internal Revenue Service continues to scrutinize this area. Here are opportunities and pitfalls companies should be aware of. The Tax Adviser (06/2015)


8. 3 ways to help millennials and baby boomers see eye to eye

CPA Letter Daily | Jun 30, 2015

Baby boomers and millennial CPAs need to find common ground for their organizations to succeed. One key to developing strong relationships between the generations is focusing less on differences and more on understanding each other's unique skill sets. AICPA Insights (06/29)


9. Greek voters resoundingly reject rescue criteria

CPA Letter Daily | Jul 06, 2015

Greeks voted overwhelmingly against accepting international creditors' bailout terms. Prime Minister Alexis Tsipras said he was open to resuming negotiations with lenders. However, it wasn't clear how European leaders would respond. German Chancellor Angela Merkel and French President Francois Hollande have called for an EU summit Tuesday to deal with the matter. Deutsche Welle (Germany) (07/06) The New York Times (tiered subscription model) (07/05) Kathimerini (Greece) (07/06)


10. What should audit committee disclosures include?

CPA Letter Daily | Jul 02, 2015

The way audit committees oversee independent auditors is evolving, according to Securities and Exchange Commission Chair Mary Jo White. As a result of that evolution, the SEC is contemplating an update of audit committee disclosure requirements. Journal of Accountancy online (07/01)




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