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Tax Pros Report ‘Record-setting’ Number of Extensions
(Accounting Today) - Some clients have always needed more time to get in returns, but this tax season saw an avalanche of extension requests. And while the Tax Cuts and Jobs Act played a major role, it wasn’t the only factor driving more and more clients beyond April 15.
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How to Gain Law Firm Clients With Clever Marketing
(CPA Practice Advisor) - Attracting legal clients to your firm’s services might be a challenge if you do not understand nor acknowledge the pain points in their industry.
How to Stop Your Phone’s Charger Cables From Breaking
(How-to-Geek) - Frayed charging cables can be dangerous to use and expensive to replace. Whether you’re using a Lightning cable with an iPhone, a USB-C cable with an Android phone, here’s how to protect them from breakage.
ASB Seeks Alignment of Materiality Definitions
(JofA) - The AICPA Auditing Standards Board (ASB) is proposing changes to the definition of materiality in its standards for auditors and attestation engagements to eliminate inconsistencies with the definition used by other U.S. regulatory bodies.
Regulators Alarmed by Risky Loans, But Don’t Know Who Holds Them
(Bloomberg) - The steady drumbeat of warnings over the surge in risky corporate borrowing is growing louder and louder. Time and again, regulators in the U.S. and Europe have pointed to the hazards of businesses taking on too much debt.
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