Accounting

June 1, 2021 

AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants. A Quarter of American Taxpayers Don’t Have a Financial Plan For some people, submitting their tax return to the IRS is a relief as they put the paperwork out of sight, and out of mind, until next year. Others...…

Mary Girsch-Bock

June 1, 2021 

Marriage, divorce, remarriage, having children, or planning for retirement. All of these events can directly impact your client’s tax returns, so why not take tax preparation a step further by offering your clients a way to better plan for these events? It’s likely that you’re already doing some of the work of a personal financial...…

Mary Girsch-Bock

June 1, 2021 

An advocate for growing the CPA pipeline, Wills plans to focus his presidency on initiatives to assist accounting students, young professionals looking to become CPAs and accountants advancing towards leadership positions.

May 28, 2021 

May 28, 2021 

Earning and efficiently managing CPE credits is an essential skill for an accountant. You have to decide which courses to take, make sure they meet the necessary requirements, work it into your schedule, report them and then make sure you are always up-to

Accounting Technology Lab Podcast May 27, 2021 

The Technology Lab Podcast – Abrigo Profitcents – 5/27/2021 Randy Johnston and Brian Tankersley, CPA.CITP, CGMA review the business management reporting system from Abrigo ProfitCents . Use the podcast player below to listen. link to the audio

Randy Johnston

May 27, 2021 

Pirolli, a CPA who also holds the Chartered Global Management Accountant (CGMA) designation and the Certified in Financial Forensics (CFF) and Personal Financial Specialist (PFS) credentials, was elected to the one-year AICPA volunteer post by the ...

May 27, 2021 

Being intentional is a key to many successful habits and here it plays a major role again. The first step is to make connecting with your peers is to make it a priority. Each day spend 15 minutes twice a day to call someone and have a conversation.

May 27, 2021 

The FASB accounting standard on Long-Duration Contracts makes targeted improvements to the existing recognition, measurement, presentation, and disclosure requirements for long-duration contracts issued by an insurance company. FinREC and the AICPA ...

May 27, 2021 

Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.

May 27, 2021 

The new product and service offerings give accountants access to the same Avalara cloud technology used to process millions of sales tax returns and remit billions of dollars each year. This focus underscores Avalara’s commitment to providing ...

May 26, 2021 

With just a few months to go before private organizations must include most leases on their balance sheets for fiscal years starting after Dec. 15, 2021 (i.e., calendar periods beginning Jan. 1, 2022), one-fifth (19.8%) of privately held organization ...