Succession Planning


The AICPA’s PCPS Firm Practice Center is offering practitioners a free white paper, “Preparing for Transition: The State of Succession Planning and How to Handle the Process in Your Firm,” that describes best practices and shows firms how to benchmark their succession plans against those of their peers ( www.aicpa.org/pcps ). To introduce this and other special resources to practitioners who are not PCPS members, all content on the site is available free to all AICPA members until May 15, 2006. (See “ Taking Care of Small Business ,” page 39, for more information on AICPA programs for small firms and their small business clients.)

FEATURE

Maximizing the higher education tax credits

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

SPONSORED REPORT

Solving the lease accounting challenge

The challenges of the new lease accounting standard have been pervasive to say the least. In this free, independently-written report, you'll learn effective adoption strategies as well as resources for easing the transition to the new standard.