Institute, State Societies Form LLC

The AICPA and the State Society Network Inc. (SSNI), which comprises the societies in the 50 states, Washington, D.C., and Puerto Rico, have jointly established the Shared Services Limited Liability Corporation (SSLLC).

The new venture’s initial objective is to develop a national membership database, which will be licensed to the portal, cpa2biz. The portal will serve as a marketing arm of the joint venture, distributing AICPA- and state-society-branded products and services. Later, the SSLLC will focus on helping the Institute and the state societies reduce aggregate operating costs and obtain savings on volume purchases.

Currently, the Institute and the state societies have their individual areas of interest and membership classifications (for example, public practice/industry or small firm/large firm). The SSLLC plans to standardize all data elements into a uniform classification system that will provide maximum value to the user.


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.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.