PROFESSIONAL ISSUES / INTERNATIONAL
U.S. CPAs who want to gain international experience but don’t work for a large accounting firm should read what three experts suggest they do to secure an overseas assignment.
Being able to delegate well allows effective leaders to free themselves to do high-value tasks and to improve their own performance. Here are seven tips on how to delegate more effectively.
Among the biggest threats to an accounting firm merger or sale are delays in the process. Such pauses allow problems to fester, perhaps to the point of scuttling the deal. How do parties keep the process moving? Find out in the sixth installment of our series, “CPA Firm Succession: Solidifying the Future.”
Heightened enforcement of foreign account disclosure laws puts noncompliant taxpayers in a quandary.
PERSONAL FINANCIAL PLANNING
Helping clients decide when to start receiving Social Security is part art, part science, and part educated guess. CPAs should start by focusing on four key aspects of the decision.
Twin perils of limitations on losses and the new investment income tax on profits add compliance risk for this common passive income source.
PROFESSIONAL LIABILITY SPOTLIGHT
Many CPAs consider billing an unpleasant task, and that distaste leads to procrastination and lax practices. However, poor billing and collection practices may adversely affect the defense of a professional liability claim.