Public Service Rewarded

As part of its ongoing efforts to honor CPAs for their volunteer work, the AICPA has established the Public Service Award for Firms to acknowledge humanitarian contributions at the local, state and national levels. The award complements its longstanding counterpart for individual CPAs (see “ Robertson Cited for Volunteer Work,” Inside AICPA, page 86) and is intended to encourage more CPA firms to initiate or increase their community activities. It also will publicize such efforts and thus reinforce the profession's reputation for commitment to the public good.

In evaluating the impact of a firm's public service activities, consideration will be given to the size of the firm in relation to its contribution to the community it serves.

State CPA societies, associations of CPA firms, individual firms and members wishing to nominate award candidates should do so by October 1, 2004. The Institute will announce the winner at a council meeting or major conference and make a contribution to a charity of that firm's choice. Nomination forms and more information are available at



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.