Accounting
Top stories summarized by our editors
7/19/2018

On average, Americans say that 61 is the ideal age for retirement and that 22 is the best age to start saving for retirement, according to Bankrate.com. However, answers about these and other financial milestones varied depending on the age of respondents.

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USA Today
7/19/2018

Accounting method planning usually involves only a timing benefit. The recent corporate tax rate change, however, is an opportunity for corporate taxpayers to make favorable accounting method changes to create permanent tax benefits.

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The Tax Adviser
7/19/2018

By building relationships and seeking variety in tasks and approaches, employees can rekindle their enthusiasm in the workplace.

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CPA Insider
7/19/2018

Discussing salary issues with colleagues can help workers to address pay disparities, but bringing up the topic can be awkward. Start by approaching a trusted ally in the office, and be prepared to act on the information you receive.

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Mic
7/19/2018

The Securities and Exchange Commission raised a disclosure threshold related to employee stock compensation Wednesday and sought public comment on other ways to modernize its rules for employee stock compensation.

7/19/2018

For many of us, taking family road trips is a beloved (albeit periodically boring) summer ritual. Check out these five podcasts to make the miles fly by -- and to help you keep your sanity.

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AICPA Insights
7/19/2018

The White House budget office forecasts the federal budget deficit could reach $1.1 trillion next fiscal year, $117 billion higher than projected in February's budget proposal and a more than 50% increase over the deficit of $666 billion in FY 2017. At the same time, President Donald Trump says he is planning to send a package of additional tax cuts to Congress this fall.

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MarketWatch, Fox Business
7/19/2018

The hours necessary to comply with the Sarbanes-Oxley Act have been rising for a majority of companies, according to research by Protiviti. Reasons include heightened requirements for process-control documentation in high-risk areas, more entity-level controls classified as key controls, greater scrutiny from external auditors and increased internal testing of SOX compliance, according to companies surveyed.

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Consultancy (UK)
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Sox
7/19/2018

A National Labor Relations Board judge cited a lack of important details in rejecting a proposed settlement that would prevent McDonald's from being deemed a "joint employer" with regard to its franchises and their labor law violations. McDonald's is considering an appeal to the full NLRB.

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Reuters
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McDonald, NLRB