MAP Survey Highlights Staffing Worries


The AICPA management of an accounting practice (MAP) committee released in October the results of its nationwide poll of CPA firms of all sizes ( www.aicpa.org/download/news/map_top_five_2003_release.pdf ). More than 1,000 practitioners participated. For the sixth consecutive year, finding and retaining qualified staff was respondents’ top concern. Other issues they identified as crucial were succession planning and developing future firm owners, marketing and practice growth, seasonality and workload compression, fee pressure and pricing services and the new regulatory standards’ effects on smaller firms.

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How tax reform will impact individual taxpayers

Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.