Along with the changes brought about by the Bipartisan Budget Act of 2015, the IRS’s focus on partnership returns appears to be undergoing a renaissance. Understand how the environment is changing and how you can be prepared.
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TOPICS
Firm practice management
What leaders need to know about a growing group of employees
As Gen Zs and Millennials begin to become a bigger majority in the workforce, a new survey provides insights into what motivates them to switch jobs and what motivates them to stay.
6 tips for first-year partners at CPA firms
In this AICPA & CIMA ENGAGE 25 session preview, leadership coaches demystify common struggles and discuss strategies that new partners can use to thrive in their new position.
The value of stay interviews; also, are business cards becoming extinct?
Two guests discuss the ways employers can focus on retention and engagement — and how outside interests have a way of inspiring us at work. Listen to the podcast episode or read the Q&A with April Walker, CPA, CGMA, and John Garrett.
Changes at the firm? What to do with working papers
In the event of a malpractice claim or a regulatory inquiry, you may need to produce working papers to support your defense.
Baker Tilly, Moss Adams merge to create 6th-largest US CPA firm
The deal, which includes private-equity investments, is expected to close in June. The Baker Tilly CEO will serve as leader of the combined firm until his retirement at the end of the year.
Employee ownership and taxes: Why firms are choosing ESOPs
Converting to an employee stock ownership plan offers firms tax benefits and an alternative to private equity.
Should I disclose my use of gen AI to clients?
Informing clients about the incorporation of generative AI can enhance transparency and trust, ultimately strengthening the client-accountant relationship.
What to know when your client is considering employee ownership
Accountants who advise clients interested in employee ownership plans need to be aware of the pros and cons of different models.
JofA-branded podcast: Critical conversations about business transition planning
In this Journal of Accountancy-branded podcast, a senior wealth strategist and managing partner share advice on how to initiate conversations with business clients about transition and succession planning.
The risk of providing unintentional financial advice
Clients often seek their CPA’s advice on potential investments. Failure to respond properly can leave the CPA subject to lawsuits.
Are you too busy to lead?
Leadership coaches and firm leaders share insights about how to get off the busy-ness treadmill and make time for high-level responsibilities.
Remote control: 3 tips from a firm founder and remote-work trendsetter
Both quantity and quality of communication are crucial to the success of a fully remote work model, a leader with immense experience in the space shared at the AICPA Personal Financial Planning Summit 2025.
Top 20 firm CohnReznick executes the latest private-equity deal
The partnership, continuing an industrywide trend, necessitates the creation of an alternative practice structure featuring a new CPA firm for attest services and a separate firm for nonattest services.
Want to be CEO of a CAS practice?
A client advisory services expert details the importance of evaluating metrics and not getting bogged down in details — and links good people management to higher client satisfaction.
The cost of doing business: Pay increases may be muted in 2025
A survey of CFOs and finance leaders across all industries reveals that while most still see value in pay bumps for staff, increases may be slowing.
AICPA & CIMA CEO about accounting: ‘The opportunities are endless’
AICPA & CIMA’s new CEO Mark Koziel, CPA, CGMA, shares more of his personal story, including how he learned first-hand about the flexibility that an accounting career can offer. This is the second of a two-part conversation. Listen to the episode or read the Q&A.
Retired partners: A liability risk?
A retired partner may expose a CPA firm to professional liability risk if clients believe the former partner still speaks for the firm and rely upon that individual’s advice.
Activities to ease busy season stress
CPA firms have numerous options to relieve stress and show appreciation.
Risk resolutions for 2025: Remember to put your No. 1 client first
An author of the JofA’s Professional Liability Spotlight column explains some of the catchphrases that have resonated with her over years of providing risk management advice to CPA firms. Listen to the podcast episode or read the Q&A.
Features
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