Institute Releases Annual Report


The AICPA’s annual report for the fiscal year ended July 31 is available in PDF format here. The report, titled “CPA: Commitment. Performance. Accountability,” includes the Institute’s financial statements, describes how CPAs define and represent the profession’s messages and highlights some of the AICPA’s significant activities.

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Tax reform complicates year-end tax planning

Get your clients ready for tax season with these year-end tax planning strategies, which address how to make the most of recent tax law changes, such as the new deduction for qualified business income and the cap on the deductibility of state and local taxes.

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What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.