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The magazines

Line items

Schoolteacher expense deduction items include PPE … IRS proposes fee for estate closing letters … FBARs to include virtual currency

Hood and BLI join Association

Tom Hood, former executive director and CEO of the Maryland Association of CPAs, joined the Association as executive vice president–Business Growth and Engagement.

Ask the expert: Client retention

Greg Lockhart is the president of Lockhart Industries, a Dallas-based leader in custom branding, graphic design, and fine imprinting for America’s top financial firms.

8 ways to calculate depreciation in Excel

The first section explains straight-line, sum-of-years’ digits, declining-balance, and double-declining-balance depreciation. The second section covers the remaining depreciation methods.

Lorin Venable, CPA, CGMA

Lorin Venable, CPA, CGMA, of Arlington, Va., is assistant inspector general for Audit in the Financial Management and Reporting Directorate of the Department of Defense Office of Inspector General.

Quality audits amid chaos

These tips can help practitioners as they audit financial statements of clients affected by the coronavirus pandemic.

Damon Ward, CPA, CGMA

The pandemic has made it imperative for leaders to reduce anxiety levels while delivering inspiration to their teams, according to Damon Ward, CPA, CGMA.

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.