A Reader’s Viewpoint.


A Reader’s Viewpoint

“Outsourcing a 401(k) Plan” ( JofA, May01, page 30) , in my view, was little more than an advertisement for firms that are large third-party administrators.

I’m also an attorney, and the American Bar Association does the same thing for the large law firms. In my opinion, both the AICPA and the ABA cater solely to the bigger firms and give us smaller firms little, if any, exposure.

I am not a member of the ABA for this reason, and if I did not need to be a member of the AICPA to keep my term insurance in place, I would drop out of it as well. Other than offer “deals” on car rentals, the AICPA does little for the smaller CPA firms.

Lee T. Jennings, CPA


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.