Practice Management


An AICPA Private Companies Practice Section white paper, “Best Practices in Recruiting and Retaining Talented Staff,” shows smaller firms how to attract and keep valuable employees ( http://pcps.aicpa.org/resources/staffing/recruiting+and+retention ). In a recent Institute survey of 500 firms, few had programs to help achieve these goals—though some firms, PCPS said, have more appeal than they think.

“Smaller practices can offer staff accountants a congenial atmosphere, extensive exposure to clients and flexible work hours,” said James C. Metzler, AICPA vice-president for small firm interests. “These are powerful selling points to play up in the employment marketplace.”

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Get your clients ready for tax season

These year-end tax planning strategies address recent tax law changes enacted to help taxpayers deal with the pandemic, such as tax credits for sick leave and family leave and new rules for retirement plan distributions, as well as techniques for putting your clients in the best possible tax position.

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