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Social Security Fairness Act: Planning Considerations For The Repeal Of The Windfall Elimination Provision (WEP) And Government Pension Offset (GPO)

Nerd's Eye View

For most people, Social Security benefits are calculated using a single formula, which takes into account the individual's history of earning income on which they paid Social Security tax. In response, Congress passed the Social Security Fairness Act at the end of 2024, repealing the WEP and GPO in full.

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AP/AR automation: securing cashflow, enriching partnerships

CFO Dive

Automating accounting processes is like irrigating your financial garden.

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“How Much More Will I Get?”: Calculating The Impact Of WEP And GPO’s Repeal On Social Security Benefits

Nerd's Eye View

The new law repeals both the WEP and GPO, restoring full Social Security benefits to affected individuals, retroactive to January 2024. To help with this, we've developed a downloadable calculator that simplifies the process of estimating an individual's unreduced Social Security benefits, whether or not a full earnings history is available.

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#359 – Leading Practices in Treasury: Bank Account Management Architecture

Strategic Treasurer

Episode 359 Leading Practices in Treasury: Bank Account Management Architecture In this episode, Paul Galloway explores the three-in-one architecture of bank account management (BAM). He explains how visibility, account structure, and bank services come together to reduce risk, improve cash positioning, and support fraud prevention.

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AP Automation: The Competitive Advantage Your Business Needs

Speaker: Danny Gassaway and Wayne Richards

Join Wayne Richards and Danny Gassaway for a practical guide on bringing accounts payable (AP) automation to your organization. 🔍 Build a Strong Business Case: Get a proven framework for evaluating ROI, securing stakeholder buy-in, and making automation a reality. Don’t let outdated processes slow you down!

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Chartered accountants willing to embrace AI, report says

Future CFO

Chartered accountants are embracing artificial intelligence in the profession, recognising its potential, according to a report by the Institute of Singapore Chartered Accountants. Thirty percent among those polled say concerns about data security is the main reason they are not using AI more frequently.

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Startup lessons in the failure of Bench Accounting

CFO Share

Despite securing over $100 million in venture capital and employing over 600 individuals, Bench abruptly and inexplicably ceased operations on December 27, 2024, leaving thousands of small business clients scrambling for alternatives. For example, Bench ranked #1 in accounting SEO thanks to its professional marketing department.