The Composite Sole Practitioner


NUMEROLOGY

The typical, independent practitioner is a 56-year-old male, in practice for 22 years, in a sole proprietorship with three full-time, one or two part-time, and two or three seasonal employees.

Source: The “12th Income and Fees Survey of Accountants in Public Practice,” National Society of Accountants, www.nsacct.org , 2005.

SPONSORED REPORT

The technology assessment engagement

Are you working with the best technology? Do you know how to help your clients determine if their technology stack measures up? In this free report, J. Carlton Collins, CPA, explains how to answer those questions via a technology assessment engagement.

FEATURE

Maximizing the higher education tax credits

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.