AT Think

December 31 is the last day for small business owners to open and start funding a 401(k) plan, and there are many tax benefits in a 401(k) that accountants should discuss with their business clients before the year is over.

The AICPA announced on Tuesday that five students have been named recipients of the 2015-2016 AICPA John L. Carey Scholarship Award. The one-year scholarship award, part of the AICPA’s Legacy Scholars Program, is given to students from liberal arts and other non-traditional business backgrounds who are pursuing graduate accounting degrees and plan to become CPAs.

I attended Avalara’s A-List Event back in September, right before my husband fell, had emergency knee surgery, and spent some time in orthopedic rehab. Needless to say, I was a little preoccupied and didn’t really have the chance to write about the awesome time I had. Better late than never, though, right?

Bloomberg BNA has released two new reports on the Financial Accounting Standards Board’s and the International Accounting Standards Board’s revenue recognition standard.

Accounting Degree Review, an online resource for accounting programs and information, has released its 2016 ranking of the top 50 graduate accounting programs. The ranking compiled data from Public Accounting Report, Brigham Young University, the U.S. News & World Report, and considered AACSB (Association to Advance Collegiate Schools of Business) accreditation.

The Internal Revenue Service has selected TaxSlayer as the new tax software provider for the IRS’s Volunteer Income Tax Assistance and Tax Counseling for the Elderly programs, starting with the 2017 tax filing season.

The Center for Audit Quality (CAQ) and auditors representing leading firms across the country announced a social media strategy for Thursday, December 10, highlighting the benefits of an auditing career and the important role auditors play in capital markets.

CBIZ announced on Thursday that their nationwide offices have collected a total of 1,026,139 pounds of food during the company’s annual National Food Drive. This year marks the very first time CBIZ's donations crossed the 1 million-pound milestone. All of the donations will be given to food pantries within CBIZ communities throughout the country.

According to a new survey by CPA.com, firms that have embraced new technologies are more likely to change with the most urgency. Early adopter firms - be it technology or practice management innovations - are more likely to enact deeper changes more rapidly than more cautious CPA firms, according to CPA.com's Innovation in Public Accounting Survey.

Forty-eight percent of small and midsize businesses use one technology supplier for accepting payments, processing payroll, issuing invoices and doing their accounting, according to a new survey, while 34 percent use two or more suppliers for their financial technology.