As a CPA, I deal with many types of clients’ personalities. If I choose only one type, I would not have had much of a practice. And I doubt I would have found that one perfect type too many times. I have been very fortunate to have really nice and very smart people as clients. READ MORE »
Listening to convention wisdom may set you up to fail. Here’s some data-based evidence for what works and what doesn’t when offering financial services to tax clients. VIEW THIS INFOGRAPHIC TO LEARN MORE »
The six largest audit firm networks have agreed with international audit regulators on a new initiative to achieve a measurable reduction in audit deficiency findings by 2019. READ MORE »
In a March 4 letter, the AICPA urged the U.S. Department of the Treasury and the IRS to delay the estate basis reporting due date from March 31, 2016 until May 31 due to proposed regulations covering the new reporting requirements not issued until March 2, 2016. READ MORE »
The International Auditing and Assurance Standards Board has released a publication describing some of the audit issues arising from the shift to Expected Credit Loss models when accounting for loan losses under new accounting standards. READ MORE »
The Financial Accounting Standards Board has issued an accounting standards update for private companies that opt to apply private company accounting alternatives, removing the effective dates for four of the alternatives. READ MORE »
Ohio Governor John Kasich and his wife Karen paid about $1.3 million in federal taxes on the adjusted gross income of $5.1 million that they earned over a seven-year period, according to documents released by the Republican presidential candidate’s campaign. READ MORE »
Senator Bernie Sanders’s proposals for sweeping tax hikes on businesses and individuals to bankroll universal health care, infrastructure and free college tuition would raise $15.3 trillion over the next decade but “substantially reduce incentives to save and invest in the United States,” according to a new policy study. READ MORE »
The National Association of State Boards of Accountancy (NASBA) announced their 2016 Call for Proposals last week for its Accounting Education Research Grants Program. Since its inception in 2011, the program looks to further research on educational issues impacting CPAs and the public accounting profession at large... READ MORE »
Millennials have a very different set of priorities when deciding where they want to work than previous generations. Employers need to ensure they are tailoring their organizations in order to find and keep millennial talent. Here are some suggestions from Henner Schliebs, VP and head of finance audience marketing at SAP. READ MORE »
Addressing the Indirect Tax Challenges Facing Communications Providers, an Aberdeen Group white paper brought to you by Avalara, outlines key obstacles communications service providers face in tax management. READ MORE »
