Castellano Wins Institute’s Top Citation


James G. Castellano, CPA, received the AICPA’s Gold Medal for Distinguished Service at the fall council meeting. Doyle Z. Williams, CPA, chair of the AICPA Awards Committee, presented the medal, which recognizes those who have had an extraordinary positive influence on the profession. Castellano, a former AICPA chairman, is chair of the AICPA Private Company Financial Reporting Task Force and chaired the Managing of an Accounting Practice, Future Issues and Private Companies Practice Section (PCPS) Technical Issues committees. He also served on the PCPS Executive, Strategic Planning and Continuing Professional Education Executive committees.

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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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