News

A conversation before marriage about the state of each partner’s finances and their thoughts about money can have long-term benefits for the couple’s financial goals and relationship.

From digitalization and consultancy to Bitcoin and cryptocurrency, 2024 is set to be a year of growth and possibility.

Prevalent threats range from a contentious presidential election and expectations for a benign end to inflation to the hazards of adopting generative AI.

This week we look at: Bipartisan extender bill is passed by the House, but faces uncertain future in the Senate; A limited, single-year SALT cap relief bill will be brought to the House floor as part of the compromise to pass the bipartisan bill; Tax filing season for 2023 return begins this week; A cautionary tale about phishing being used to obtain client tax information

Insufficient retirement savings can be a serious problem, but so can insufficient spending during retirement. Most people will get more joy from spending and giving away their money while they’re still alive, so advise clients on how to balance their spending and saving goals.

Cheers to Brooke Deering on earning her CPA license! As she sets out on this exciting new chapter in her career, Brooke is grateful to have such a strong, supportive community at Jones & Roth PC and OSCPA. The sky is the limit, and we can not wait to see what you do next, Brooke!

The drawing opens February 1 and runs through March 20.

This week we look at a proposed tax bill that has advanced out of the House Ways & Means Committee.

The Internal Revenue Service began accepting tax returns Monday, promising improved help to taxpayers and new resources both in-person and online.

As nonprofits work to combat the accounting and staff shortage, finding ways to increase efficiency is a top focus.

Welcome in 2024 with OSCPA Chair Tracy Allen and join our community in shaping what it means to be a CPA in the new year. 

Investors have a wealth of options for putting their capital gains to work through this program.

Enrollment in accounting programs is in decline. Three academic leaders offer suggestions for improvement.

Since 1957, the unclaimed property program has been a statutory requirement for businesses to annually report whether or not they have unclaimed property. Oregon’s Unclaimed Property Program keeps those funds safe for their rightful owner to claim.

The Federal Accounting Standards Advisory Board published the latest version of accounting standards for the U.S. government.

The majority of Americans are excited about the role Gen AI can play in their everyday lives, but a global survey finds that the majority of executives aren’t thrilled with their companies’ level of commitment to the rapidly growing technology.

Divorced clients may be unable to address big-picture priorities, such as saving for retirement or paying down debt. The key is navigating the emotional side of starting anew financially.

Because most individual tax provisions of the law known as the Tax Cuts and Jobs Act were temporary, now is a good time for taxpayers to incorporate into their tax planning strategies those provisions' scheduled sunset at the end of 2025.

The Department of Revenue (DOR) needs the help of tax professionals to stop fraudulent refunds from being issued. The sooner DOR can learn about a data security breach, the better we are able to protect both your client and state resources.

In this Q&A, a profession leader working on solutions to strengthen the accounting talent pool explains why she’s passionate about the pipeline and the importance of working together.