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Accounting
Top stories summarized by our editors
7/9/2020

Low taxes are a key attribute when choosing a place to retire, but other qualities also should be considered, such as weather, amenities and social relationships. Here are five lessons to consider before moving.

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MarketWatch
7/9/2020

Economic Injury Disaster Loans can provide small businesses with low-interest pandemic assistance over a 30-year term. To help their businesses and clients, CPAs need to understand key terms these loans provide.

7/9/2020

The Federal Trade Commission says fraud related to the coronavirus pandemic has cost Americans $77.4 million, and the true tally could be higher. The data shows 62,400 instances of fraud, and nearly half has resulted in financial loss.

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CNBC
7/9/2020

The Internal Revenue Service has issued 2020 limits on depreciation deductions for cars and trucks first placed in service in 2020 and income-inclusion amounts for passenger automobiles first leased in 2020.

7/9/2020

Managers can improve retention by finding the right way to motivate employees, says ENGAGE 2020 speaker Liz Mason, CPA, CEO and founder of High Rock Accounting. Choosing the right communication style and making employees feel supported are two more ways for managers to up their game, Mason says.

7/9/2020

A surge in passion on issues of racial justice, diversity and inclusion has led to opportunities for CPAs to lead meaningful change. Members of the AICPA National Commission on Diversity and Inclusion share best practices for CPAs who are eager to support change.

7/9/2020

Having successfully navigated the initial months of the coronavirus pandemic, companies must rethink operations for the next phase of remote working. Several steps can help, such as giving employees access to innovative technology.

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CNBC
7/8/2020

A surge in passion on issues of racial justice, diversity and inclusion has led to opportunities for CPAs to lead meaningful change. Members of the AICPA National Commission on Diversity and Inclusion share best practices for CPAs who are eager to support change.

7/8/2020

Leaders in the accounting profession say there is more that can be done to address racism and include a broader array of people in the profession. The profession is now "more comfortable with saying 'diversity and inclusion,' but what we need right now is a comfort level with saying 'Black' and 'African American,'" says Kimberly Ellison-Taylor, CPA, CGMA, a former AICPA chairman who is executive director, Finance Thought Leadership for Oracle.

7/8/2020

Companies that are speaking up about racial injustice in the broader world must also address racism within their internal operations. Avoiding the tendency to be defensive and being specific about what is going on are crucial steps.