AICPA Names Castellano to Head Board of Directors

James G. Castellano, CPA, became chairman of the AICPA board of directors in October, succeeding Kathy G. Eddy. In his inaugural speech, Castellano encouraged “playing to the profession’s strength” by promoting the value of assurance services, defending the profession’s right to regulate itself, emphasizing student recruitment and enhancing the profession’s public image. He urged regulators, state societies, educators and employers to work together in conveying to students the benefits of an accounting career.

Castellano is managing partner of Rubin, Brown, Gornstein & Co. LLP in St. Louis. He has chaired several AICPA committees, including the management of an accounting practice, future issues and the private companies practice section (PCPS) technical issues committees. He also served on the CPE and PCPS executive committees and the strategic planning committee and was a member of FASB’s small business advisory group.


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.