Buyers’ criteria; EARN; marriage and accounting; and other highlights from our favorite tax bloggers. Fooling ourselves Taxbuzz (https://www.taxbuzz.com/blog): What they should be asking you about finding a tax prep professional. CPA Growth Trends (https://www.cpagrowthtrends.com/): What’s in your wings? A recent Harvard Business Review showed that companies with effective pipeline management
Content is a highly effective way to capture and nurture leads. The more relevant content your firm creates, the more trust you build with prospects and clients. Some prospects even hire a firm they follow on social media without soliciting competing bids. Of course, creating all that content takes a
KPMG’s U.K. firm, one former partner and four former employees faced sanctions Monday over auditing problems at two clients, the construction company Carillion and the data services company Regenersis. The U.K. Financial Reporting Council announced the findings of a disciplinary tribunal of the firm’s audits of Carillion for the fiscal
AARP will tell you that more than half of American workers plan to continue working in retirement. Their reasons vary, from the desire for added income to simply staying active. And then there’s the “sense of purpose” work provides. We commit much of our lives to our careers, so it’s
You’ve spent months or even years developing the product or service of your dreams. You’ve brought it to market, hired a team, and found your niche. Sales are strong and life is good. But have you really given the most important thing its due consideration? Shutterstock As a founder or
The Internal Revenue Service is coming under fire in Congress again, this time for lax oversight of fraudulent charities that applied for tax-exempt status and received approval. House Ways and Means Oversight Subcommittee chairman Bill Pascrell, D-New Jersey, sent a letter to outgoing IRS Commissioner Chuck Rettig demanding answers to
Time was, finding qualified staff or handling a data security breach were accountants’ biggest concerns. But difficulties in working with a resource-challenged IRS have become a more pressing concern for CPA firms over the past year. In some ways, this should be of little surprise to practitioners and the last
The American Institute of CPAs and the National Association of State Boards of Accountancy are laying the groundwork for a major overhaul of the CPA exam that will see material being rearranged and moving to new sections, while emphasizing more technology skills. The AICPA released an exposure draft earlier this
Bloomberg Tax & Accounting announced that Chicago-based Top 10 Firm RSM US has been named the first Certified Implementer of Bloomberg Tax Provision and Bloomberg Tax Fixed Assets. “We are really pleased RSM is the first Certified Implementer for both Bloomberg Tax Provision and Bloomberg Tax Fixed Assets,” said Lisa
Just joining us? The first three parts discussed IRS administrative rulings and court cases on whether write-offs for business expenses comply with the “ordinary and necessary” requirements imposed by Code Section 162. More on those kinds of requirements in part four, as well as a fascinating Tax Court case. Tax
