General Article Archives
"Customer First" is the Ultimate Goal of Process Improvements
Customer-centric finance departmentsExpectations for finance departments are increasing. Processes are becoming more complex. Regulations continue to increase. Those that rely on financial information to perform key business tasks are demanding the ability to make faster decisions. The finance department needs to keep changing and improving to keep up with these expectations. Efficiency and process improvement are a necessity because the ...
Read MoreLoper Bright Goes Up to Supreme Court and Implications for Federal Agency Regulations
An interesting non-tax case on the docket for the US Supreme Court’s current term could have far-reaching implications for the extent of federal agencies’ power in drafting regulations that interpret federal statutes, including US Treasury’s Regulations pursuant to the Internal Revenue Code (IRC). Recently, the Supreme Court agreed to hear a case questioning the validity of a federal regulation applicable to the fishing ...
Read MoreFederal Reserve Study: Remote Work Does Not Affect Productivity
Remote work has negligible effect on productivity, recent research from the Federal Reserve Bank of San Francisco found. In their introductory paragraph, the four researchers—John Fernald, Ethan Goode, Huiyu Li, and Brigid Meisenbacher—wrote, "An enduring consequence of the COVID-19 pandemic is a notable shift toward remote and hybrid work. This has raised questions regarding whether the shift had a significant effect on ...
Read MoreEmployer tax credit crackdown could hit industry — if it passes
A bipartisan bill awaiting action in the Senate after easily passing the House would crack down on a troubled pandemic-era tax credit in a way that may affect financial advisors. The Tax Relief for American Families and Workers Act proposes to extend $78 billion in tax breaks and credits through expansions of the child tax credit; deductions for business depreciation, interest and research and development costs; and pulling back slightly on a ...
Read MoreNSAC Congratulates 2023-2024 SCHOLARSHIP RECIPIENTS!
The NSAC would like to congratulate the scholarship recipients for the 2023-2024 academic school year! We're thrilled to announce that this year saw an unprecedented number of entries, making it an exceptionally competitive selection process. The Society is proud to commend these outstanding students for their remarkable academic achievements, and we're confident they'll reach new heights in their pursuit of ...
Read More