Technology
If you want your employees to be able to remain linked to the office computer system even when they’re traveling, check out the options in this article.
Succession Planning
Passing a family business to the next generation requires careful planning. Until Congress decides to make the scheduled estate tax repeal permanent, CPAs must continue to encourage business owners to develop a strategy for transferring ownership to children or grandchildren. This article highlights four such strategies.
Insurance Issues
Asking the right questions and listening carefully to the answers are key to anticipating clients’ changing insurance needs
Practice Management
When a firm partner withdraws because of retirement, disability or death, a succession plan eases the transition and assures the continuation of the business.
Estate Planning
The estate tax is on its way out—maybe. Under current law, it will be gone for only one year before it returns. In the midst of this confusion, CPAs must encourage clients who mistakenly think the estate tax has been permanently repealed to plan carefully to avoid unintended and possibly unpleasant consequences.
Professional Issues
Financial Reporting
FASB issued a new statement that provides a single model entities can follow when accounting for long-lived assets they plan to dispose of. Statement no. 144, Accounting for the Impairment or Disposal of Long-Lived Assets, replaces existing guidance.