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Accounting Humor: Counting Your Dependents

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What CAS Is … and Is Not

(CPA Trendlines) - “How is CAS different than what I am doing now?” This question may have been lingering in your mind too. And it is an important question that you can’t just brush aside if you are indeed to lay the solid foundation of your CAS practice. To know what CAS is, you need to know what it is NOT.



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Accountants Shifting to More Advisory Services Amid Coronavirus 
(Accounting Today) - Accountants and tax professionals have been helping their small business clients deal with the economic fallout from the COVID-19 pandemic,


SEC Aims to Reduce Unnecessary Auditor Independence Red Flags 
(JofA) - The SEC adopted amendments Friday that are designed to prevent the triggering of technical auditor independence rules violations in situations that don’t necessarily impair an auditor’s judgment or impartiality.


Lesson From The Tax Court: §6662 Penalties Treated As One For Supervisory Approval Requirement 
(TaxProf Blog) - Last week, the Tax Court issued an important opinion on the §6751(b)(1) supervisory review requirements. In Jesus R. Oropeza v. Commissioner, 155 T.C. No. 9 (Oct. 13, 2020) (Judge Lauber), held that the 20% penalty under §6662(b)(6) is the same as the 40% penalty under §6662(i)...


NASA is Launching a 4G Mobile Network on the Moon 
(CNBC) - Under its Artemis program, NASA plans to send astronauts to the moon by 2024 — for the first time in five decades — followed by a “sustainable” human presence by 2028.


My revenue grew 75% - heres how

Years ago, Steven Brewer, CPA saw the shifts taking place in accounting and decided to make changes in his firm to survive. They've grown their accounting revenue by 75% over the past 5 years – without adding more clients. READ HIS CASE STUDY




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