AT Think

This week happens to be National Payroll Week, so it’s a good time to sort through some of the misconceptions and lingering questions about payroll that accountants may be hearing from their business clients.

A newly released survey from the AICPA found that college students who rated themselves as having "excellent" or "good" personal financial management skills (57 percent) outweighed those who rated their skills as poor or terrible (12 percent) by a more than a five-to-one margin. However, almost half of college students (48 percent) reported having less than $100 in their bank account at some point in the last year.

The Securities and Exchange Commission will be poring over the comments it received on its recent proposal to toughen audit committee disclosures after the comment deadline expired Tuesday.

The New Jersey Society of Certified Public Accountants (NJCPA) is announced its “30 Under 30” list on Tuesday, consisting of 30 accounting professionals and NJCPA members making a name for themselves in the New Jersey accounting landscape and beyond.

Now that Labor Day has come and gone, back-to-school sales tax holidays are over for most consumers, but accountants still have to deal with reporting what’s taxable and what’s not.

Top five reasons the corporate/partnership tax return was not filed until this week (Sept. 15) 1)   Still waiting on other CPA for an outside K1. 2)   Still waiting on information from business owner despite multiple calls, emails, and texts to move things along. 3)   Still waiting on partner to make a decision on how to handle a specific tax situation. (No additional information has been gathered or changed since March 15) …

Generation Opportunity, a national, nonpartisan youth advocacy organization, recently released its Millennial Jobs Report for August 2015. The data is non-seasonally adjusted (NSA) and is specific to 18-29 year olds.

All the speed, athleticism and teamwork inherent in college football and NASCAR will merge again this year when TaxSlayer.com combines its football and car-racing assets in a series of high-impact promotions.

The 2016 Robert Half Salary Guide for Accounting and Finance was released this week and is now available online. The guide projects starting salaries for more than 400 roles specific to the accounting and finance fields. Overall, U.S. accounting and finance salaries are expected to increase 4.7 percent next year.

Certify, a company that specializes in expense management software, wants to draw attention to the problem of expense report fraud.