Progress Made on Name for Global Credential


In early October the AICPA board of directors approved a recommended name for the proposed global credential, saying those who earn it should have the right to use the initials IISBP (International Institute of Strategic Business Professionals) after their names. This mark would signify both the credential and membership in the organization, as in the examples, Jane Smith, CPA, IISBP and Jane Smith, CPA, member of the IISBP. At press time, the AICPA Council planned to discuss the recommendation at its fall meeting in late October.

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Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.

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