FF2+Shift: Edit comment F3+Shift: Paste function F4+Shift: Find again F5+Shift: Find F6+Shift: Previous pane F8+Shift: Add to selection F9+Shift: Calculate worksheet F10+Shift: Context menu F11+Shift: New worksheet F12+Shift: Save Stanley Zarowin, a former JofA senior editor, is now a contributing editor. His e-mail address is zarowin@mindspring.com . Do you have
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Recruiting Made Easy
A talented recruit may be your next partner. You never know. EXECUTIVE SUMMARY Porter Keadle Moore LLP established a comprehensive campus recruiting presence on eight college campuses to recruit hires directly from schools. That way it can train staff in its unique processes from the very beginning. A first step
Tax Reporting for Houses of Worship
What is a “church,” and how is it taxed? EXECUTIVE SUMMARY If the IRS classifies an organization as a church it may enjoy several tax-related benefits, such as an exemption from federal income tax, exemption from applying for tax-exempt status, exemption from unemployment taxes and exemption from filing certain annual
Highlights
Barry C. Melancon, AICPA president and CEO, testified before Congress that two initiatives the AICPA launched, and in which it continues to play a leading role—extensible business reporting language (XBRL) and enhanced business reporting (EBR)—are critical elements of a more relevant, reliable, understandable and timely reporting model that must be
Sir Winston Churchill Quote
AS QUOTED “The price of greatness is responsibility.” —Sir Winston Churchill
The Iron Horse Club
BOOKMARKS The Iron Horse Club By Ronald L. Reman 330 pages; hardcover iUniverse Inc., Lincoln, Neb. 2005 his is a novel CPAs can relate to. Reman uses his public accounting/CFO background in this tale of corporate high jinks. Four audit staff recruits who had met at a Big Eight CPA
General Welfare Exclusion
n general, income includes all kind of remuneration, from money earned to money found to money won. Both the IRS and the courts have defined income as broadly as possible; exclusions are narrowly construed and have generally been limited to those specified in the Internal Revenue Code. However, there is
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Helpful Hints Things to do Things to avoid Give “goody” bags. At registration, we gave each student a TSCPA tote bag filled with a program T-shirt and donated pens, paper, calculator, stress ball, a lanyard for a name tag and similar items. Too many off-campus visits in one day.
Add More Colors To Your Background
I like to use background color because it enhances my documents. But when I click on the background-color icon on the toolbar, I get a meager choice of 15 colors. I’d like more options. Any ideas? You want more colors? I’ll give you more colors. How about an infinite number
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Program Statistics 2005 2004 2003 2002 Number of applications 93 63 87 112 Number accepted 74 53 71 90 Number attended 54 39 51 52 Attendees from East TN 13 11 19 22 Attendees from Middle TN 33 23 24 24 Attendees from West TN 8 5 8
Internal Audit: A Rebalancing Act
SURVEY SAVVY ompliance with Sarbanes-Oxley Act requirements has been the primary focus for most internal auditors for two years. But, according to a survey by Protiviti Inc. ( www.protiviti.com ), three out of four companies will spend less time on compliance in 2006 and more on risk management. Even by
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Planning Timeline for Summer Accounting Program Fall January February Early April Late April Early May Late May Summer Post- Program Research other summer programs Discuss the program agenda Implement marketing plan with mailings to high school personnel Deadline for student applications Determine students accepted to program Notify accepted students
The Last Word: Frank Bahl
Frank Bahl, CPA Owner, Cookies by Design Business transfer specialist, Murphy Business and Financial Services Sarasota, Fla. I’M THE OLDEST OF 10 KIDS; three of the seven boys are accountants. I was going to be a doctor until I went to college and discovered the stock market; then I switched
Over-“Stated” Collections
Source: The Nelson A. Rockefeller Institute of Government, www.rockinst.org .
Small-Firm Technology Tips
Increase your competitive edge without breaking the bank. EXECUTIVE SUMMARY Telephone systems are moving beyond the traditional hard-wired and expensive PBX. By combining computer and Internet technology with voice calls, a small firm can manage more incoming calls and sound like a larger organization. There are many choices and services
Dispose of Old Computers
I plan to replace all my office computers when Microsoft comes out with its new Vista operating system and Office suite this year. Do you have any suggestions about how I can get rid of my old computers? In the past I tried selling them, but I only got a
Toll Phone Services Not Subject to Excise Tax
TAX CASE ecently the District of Columbia Circuit Court of Appeals joined the Sixth and Eleventh Circuits in holding that the federal communications excise tax does not apply to telephone charges calculated solely on a time basis. IRC section 4251 imposes a 3% excise tax on telephone charges based on
A Home of Your Own
HOME FRONT Getting a mortgage is the largest personal financial transaction many of us will make. Here are five tips for avoiding unnecessary headaches: Source: Adapted from Kickback: Confessions of a Mortgage Salesman, How to Save $1,000s on Your Mortgage by Ted Janusz, Insight Publishing, www.januspresentations.com , 2006.
Limelight
Mary Elizabeth Marx, CPA, of Harper & Pearson Co., was an honoree at a January 2006 Women of Worth event in Houston. In a presentation to the group, she focused on how CPAs can help individuals find ways to assist elderly parents with their finances.
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How to find the right CAS clients
The key to success with CAS is selecting the best clients. Tools like ideal client profiles (ICPs), buyer personas, and even artificial intelligence can help identify the businesses that best fit each CAS practice.
From The Tax Adviser
March 31, 2026
Current developments in taxation of individuals: Part 1
March 31, 2026
Current Developments in Taxation of Individuals: Part 1
March 6, 2026
