Association would integrate operations, strategy, and management.
SEC penalties total $4.2 billion in FY 2015
Actions for federal securities laws violations set a record high.
A day late, a dollar short
An otherwise “innocent spouse” could still be liable for penalties and interest.
PCC will continue to explore GAAP alternatives
Council’s advisory role to FASB will be expanded.
Bookkeeping or preparation service? That is the question
The Center for Plain English Accounting provides considerations for accountants to help them determine whether an engagement is considered a bookkeeping service or a preparation service that would require adherence to the requirements of SSARS No. 21.
Tax season launches
Despite another year of uncertainty about congressional passage of retroactive “extender” provisions, CPAs’ tax season can benefit from these tips and resources.
Brand-building tips for small firms and sole practitioners
Whether it’s something quirky, such as flying to work, or more mainstream, such as serving a specialized market, creating a brand can help you grow a business and stand out in a crowded market.
User-friendly internet: Carlton’s pondering
I wonder if those websites know they are pushing some of their readers away with their convoluted reading format, perhaps forever.
Germano receives profession’s highest honor in taxation
Lisa C. Germano, CPA, CGMA, the co-founder, president, and general counsel of Actuarial Benefits & Design Co. based in Midlothian, Va., received the 2015 Arthur J. Dixon Memorial Award, the highest honor bestowed by the accounting profession in the area of taxation.
Microsoft Excel: Rowing logically
How to convert these two or three lines of data records into single rows.
Secure data transmission: Button your share
To use ShareFile in its most secure manner, you should check the box labeled Require recipients to log in for each ShareFile message you send.
How to encourage career development discussions
Two CPAs explain why it is important for finance professionals to get regular feedback from their bosses about career development.
ASB issues new standard
Rules will apply to audits of ICFR integrated with financial statement audits.
How to avoid the 10% additional tax on early retirement distributions
Exceptions to the 10% tax for early withdrawals from retirement plans help clients save more for retirement while giving them access to much-needed cash for expenses such as home purchases, medical bills, college tuition, and others.
The early CPA gets the return (done on time)
Take steps to lighten the stress of busy season and reduce the risk of professional liability claims.
SEC adopts crowdfunding rules
Funding limits and disclosure requirements will apply.
Resolving IRS disputes through audit reconsideration
Taxpayers may be able to apply for a “rework” of a previous audit.
Proposal would create new status for retired CPAs
Revised rules would allow volunteer, uncompensated service.
Congress changes partnership audit and adjustment rules
TEFRA and electing large partnership rules are repealed.
Tax Court allows discount for assumption of estate taxes
A net gift calculation is accepted under the willing buyer/seller test.
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SPONSORED REPORT
Preparing clients for new provisions next tax season
As the 2025 filing season approaches, H.R. 1 introduces significant tax reforms that CPAs must be prepared to navigate. These legislative changes represent some of the most comprehensive tax updates in recent years, affecting both individual and corporate taxpayers. This report provides in-depth analysis and guidance on H.R. 1.
