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Jim Koerber, CPA/ABV/CFF
Jim Koerber, CPA/ABV/CFF, a shareholder with The Koerber Company PA, a valuation and litigation services firm in Hattiesburg, Miss., is passionate about a job that requires integrity and transparency.
To my mentors and mentees: Thank you
A top consultant to the accounting profession offers her view on how mentors have helped her career and the key traits great mentors share.
Tax Court denies trust fund recovery penalties assessed against restaurant ‘gofer’
Despite making a few payments and performing incidental tasks and errands for the business, a man is held not responsible for its unpaid payroll taxes.
Planning to mitigate risk in tax planning engagements
A professional liability claim may occur if a client’s expectation and the results of the tax services do not coincide.
Disbarred tax preparer is not subject to OPR jurisdiction
A district court applies the Loving decision.
GASB omnibus addresses wide range of accounting issues
The new requirements take effect this month.
Line items
Car and truck depreciation limits for 2017 … Comments requested on FASB revenue
standards … Procedures for refunds of FICA and RRTA taxes clarified
Closed years are fair game in exam of NOL carryovers
Audit risks persist past the otherwise applicable limitation period.
How financial statement audits deliver key business insights
Increased use of data analytics is helping auditors find more information that could be helpful to clients.
Expectations and paths don’t always align for controllers
Seizing a more strategic role can be a challenge.
Microsoft Word: A simple solution to a new issue with Word’s speech recognition tool
By default, later versions of Microsoft’s speech recognition tool record your dictation into a dialog box called the dictation scratchpad.
The business reasons to take a vacation
Organizations can benefit from encouraging employees to take time away from work.
The single factor of most concern in the cloud
Our annual technology roundtable explores the importance of multifactor authentication and solutions for securing clients’ data in the cloud.
Microsoft Word: How to number your items in a paragraph format
How to number a large quantity of bullets horizontally in Microsoft Word.
Amazon wins multimillion-dollar transfer-pricing dispute with IRS
Retailer successfully defends its cost-allocation method for buy-in payments from its Luxembourg subsidiary.
Microsoft Excel: How to evaluate complex formulas
How to use Excel’s Evaluate tool to understand complicated formulas.
The growing trend of soda taxes
Policies to curb consumption of sugary soft drinks spur wave of new excise taxes.
FinREC issues revenue recognition drafts for 4 industries
Airlines, gaming, hospitality, and time-share are addressed.
No unrestricted right to fraudulently obtained income
A receiver suing on behalf of fraud victims is denied a refund of taxes paid by the taxpayers who defrauded the victims.
Features
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.