News

OSCPA Chair Tracy Allen reflects on the power of connection and camaraderie in building a brighter future for the CPA profession.

Marketing strategies that fit your firm can integrate both new and traditional methods. Most importantly, choosing marketing strategies that fit your firm would be best.

From scholarship recipient to future CPA superstar! Meet Ryan, a recipient of the 2023 Fluence PC Scholarship, ready to make his mark in the accounting world during tax season.

Common types of trusts that CPAs should be familiar with include grantor trusts, special-needs trusts, domestic asset protection trusts, and trusts for solo 401(k)s.

This week's topics: PTIN renewals are now open for 2024; IRS announces program to allow for withdraw of ERC claims; Actor’s estate loses in attempt to claim he had validly rolled over a non-traditional investment held in his IRA

With the tragic crises and natural disasters happening around the globe, many are responding to the call to give what they can to help. The Internal Revenue Service today warned taxpayers to be wary of criminals soliciting donations and falsely posing as legitimate charities.

The Social Security Administration announced an increased maximum amount of wages subject to Social Security tax in 2024 to $168,600 and a 3.2% cost-of-living adjustment (COLA) for Social Security benefits for 2024.

Change is constant in the realm of tax planning and wealth management. As a result, it is important for professionals to adapt to the ever-changing regulations, tax laws, and market conditions.

Workers today, especially among younger generations, are prioritizing roles that provide a deeper sense of meaning and purpose. Six CPAs share—and prove—how a career in accounting can offer just that.

Learning fiscal responsibility at an early age can be as valuable as any skill learned in school. Teaching your children the value of money begins with helping them understand how to set and achieve goals.

Starting a firm is an opportunity and should not be treated as a chore or something that you have no control over.

This week's topics: Sloppy records cost CPA the vast majority of his business deductions; IRS issues warning about art deduction tax promotions aimed at high-income taxpayers; IRS gives details on transfers of electrical vehicle credits to dealers beginning in 2024

In celebration of Hispanic Heritage Month, Seleste Sanchez emphasizes the strength in diversity and paints a vibrant picture of what community means to her culture, "I believe that one of the most powerful messages that Hispanic culture can offer to the rest of the world, is that by working together you can achieve greatness."

Dachelle is a Staff Accountant with Downing & Company and a recent Portland State University graduate. Dachelle is excited to continue the journey of becoming a CPA with help from the Surgent CPA review course.

The OSCPA Group Health Trust Board of Trustees is excited to share information regarding the 2024 Medical, Dental, Vision, and Long-Term Disability plans.

This week's topics: IRS reduces PTIN fees substantially;Wash sale rules do not apply to losses on disposition of money market funds;IRS highlights new capabilities added to TaxPro accounts;Employers can set up leave-based donation programs for 2023 Hawaii wildfire relief;FinCEN grants 60 additional days for entities created in 2024 to file initial reports

The fiscal 2024 Lapsed Appropriations Contingency Plan will go into effect when the IRS is notified that government appropriations have lapsed and that a shutdown is to be initiated.

Although most agree that the current tax season has signs of returning to normalcy after the pandemic-induced chaos of recent years, CPA firms continue to face unique challenges and risks they should not ignore.

Items that should be on your tech radar to help you and your team succeed in an ever-changing environment. Specifically, we will address five technologies that should be on your tech radar today.

This week's topics: FinCEN provides guide to small businesses for beneficial ownership reporting under the Corporate Transparency Act;Taxpayer cannot rely on the mailbox rule to prove timely mailing/filing of tax return, as §7502 is the sole way of proving timely postmark and get presumption of delivery;Impact of receipt of a CP2100/2100A notice on backup withholding