Institute Honor to A.A. Sommer


In recognition of his extensive contributions to the profession in accounting, corporate and securities matters, the AICPA governing council presented A.A. Sommer, Jr., with its Medal of Honor. Accompanying him at the presentation ceremony was his wife, Storrow. Sommer was chairman of the Public Oversight Board from 1986 through 1999, served as commissioner of the SEC from 1973 to 1976, and was a member of the AICPA board of directors (1980–1984) and the FASB advisory council (1977–1981).

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IRS sets start date for tax season

The IRS announced that tax season will start in late January and that it will issue refunds to taxpayers despite the partial shutdown of the federal government.

PODCAST

Why CPAs can’t wait on automation tools

What do accounting firms waiting on others to develop AI, automation, and data analytics tools have in common with a baseball fan sitting in a stadium filling with water at an exponential rate? The answer could determine your firm’s fate.