As the many Baby Boomers who own family businesses contemplate retirement, CPA advisers will increasingly be called upon to help them craft exit strategies.
Newsletter articles
Make your practice senior-friendly
By making a few small changes to their offices and communication styles, CPAs can help elderly clients feel more comfortable, well-respected, and secure.
Manager Survival Series: Managing conflict
The ability to recognize conflict, understand what’s causing it, and then work through it swiftly will serve you well as a manager.
Acquisition rules for CPA firms to live by
This article examines the most common internal obstacles that firms face when acquiring other CPA firms and offers possible solutions.
Community colleges are an avenue to licensure
Community colleges have become an attractive option to help students meet the 150-hour licensure requirement.
The most common public-speaking mistakes—and how to avoid them
Three experienced public speakers share common mistakes people make and identify ways to avoid them.
Take the test: What are your unconscious biases?
Unconscious bias can affect everything from hiring to promotions to project assignments—and potentially could derail efforts at promoting diversity.
How clients can protect their tax data from hackers
Tax-related identity theft occurs when stolen Social Security numbers are used to file tax returns claiming fraudulent refunds.
Want to make more money? Focus on revenue-producing behaviors
In the pursuit of revenue growth, many firms make the mistake of overemphasizing the billing measures of chargeability and utilization.
The new revenue recognition standard in plain English
This column lists the five basics you need to know about the standard.
A closer look at sales and use taxation of the cloud
The growth of cloud technology means that what used to be clearly the sale of tangible personal property is now digital and challenging to classify for sales and use tax purposes.
3 steps clients with kids in college need to take
It’s important clients have a plan in place in the unlikely event that they will need to make medical or financial decisions on behalf of their college-student children.
Should you accept a counteroffer from your employer?
This article offers advice on how to navigate the delicate process of (potentially) leaving your job.
Finding brilliance in yourself and others
When we focus on all that is wrong with ourselves and others, we miss the brilliance within and around us.
Should you wait for a promotion—or move on?
What can you do to avoid staying longer than you should? Ask how you are doing!
Questions CPAs should ask before having kids
In a demanding field like accounting, it helps to consider what effect having a child will have on your job.
What to do when a client wants to give an LLC or limited partnership unit to charity
Many charitable organizations will not accept a gift of an LLC or limited partnership units because the entity’s business is not part of their charitable mission.
How CPA firms can counteract unconscious bias
Though we like to think we’re impartial in our decision-making, it’s often the case that our unconscious beliefs affect our choices.
Consulting services can grow your firm—if managed properly
Firm leaders increasingly see the potential of consulting services to provide additional value to clients.
15 things you need to know when clients owe taxes to the IRS
Clients who owe need advice and potentially an alternative to paying the entire balance at once.
Features
FROM THIS MONTH'S ISSUE
AI risks CPAs should know
Are you ready for the AI revolution in accounting? This JofA Technology Q&A article explores the top risks CPAs face—from hallucinations to deepfakes—and ways to mitigate them.
