FYI

Leslie F. Seidman was named FASB chairman on Dec. 23. She had been acting chairman since the retirement of Robert Herz on Sept. 30 and has been a FASB member since 2003.

The SEC appointed James Doty PCAOB chairman and named Jay Hanson and Lewis Ferguson members of the board. Doty is a Washington-based securities lawyer and a former SEC general counsel. Ferguson, also a Washington securities lawyer, served for more than three years as the PCAOB’s first general counsel. Hanson is a partner and the national director of accounting at McGladrey & Pullen LLP in Bloomington, Minn., with responsibility for leading the firm’s accounting standards group. He is chair of the AICPA’s Financial Reporting Executive Committee and a member of FASB’s Emerging Issues Task Force.

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.

VIDEO

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.

From The Tax Adviser

From CPA Insider

Magazine