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Featured….
Professional Services Firms Just Can’t Stop Talking About AI
IRS Warns Taxpayers About Crypto ‘Pig Butchering’ Scams
Eide Bailly Teams Up with High Plains Technology
Average U.S. Home Prices Hit Record High
Contributors….

Becky Livingston

Garrett Wagner

Richard D. Alaniz

Randy Johnston
Webinars and CPE….
CPE Webinar December 12, 2023: Take the Stress Out of Tax Season with Bite-Size Benchmarks
Webinar: Get Tax Ready! How AI is Solving Source Document Gathering
Events….

AICPA & CIMA ESG and Sustainability Conference
The event comes amid rapid change in the regulatory environment and increased focus on sustainability reporting, assurance and strategy by companies, lenders and investors.

Accounting
AICPA and CIMA to Host Women’s Global Leadership Summit Nov. 13-15 in Phoenix
The summit provides the opportunity for both women and men allies to engage in sessions on leadership, diversity and best practices to enhance the skills and potential of women leaders within the accounting and finance community.
![CPE_7b_1_.54c00424e4707[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/08/CPE_7b_1_.54c00424e4707_1_.5f2855912c595-768x519.png)
Online CPE Conference Dec. 6-7 Offers Up to 14 Hours of Free CPE Credits
Professionals can earn up to 14 hours of free CPE during this 2-day annual, virtual conference. Additionally, EAs can receive up to 3 hours of CE credit. Pick only the sessions you want to attend.

Professional Services Firms Just Can’t Stop Talking About AI
In the professional services sector, chatter about generative AI nearly doubles that of the tech crowd, according to a LinkedIn report.

IRS Warns Taxpayers About Crypto ‘Pig Butchering’ Scams
IRS Criminal Investigation special agents have seen an uptick in a specific type of scheme that couples cryptocurrency with romance.

Eide Bailly Teams Up with High Plains Technology
The merger, which becomes effective on Jan. 8, brings four partners and 14 staff to Eide Bailly’s Sioux Falls and Fargo offices.

Average U.S. Home Prices Hit Record High
New listings have been ticking up recently, and mortgage rates have declined after peaking early this month, signs that some conditions are improving for homebuyers.

U.S. Economy Saw 5.2% Growth in Third Quarter
The U.S. economy grew at an even faster pace in the third quarter than originally estimated, reflecting upward revisions to business investment and government spending.

Mortgage Rates Drop Below 7.5%
The average rate on 30-year fixed mortgages retreated to 7.41% this week, down from 7.55% the previous week, according to Bankrate’s weekly national survey of large lenders.

Forensic Accounting Tech Company Valid8 Secures $8.5M in Capital
The investment comes at a critical time, as prosecutions and reported losses from fraud are on the rise, according to the Department of Justice and the Federal Trade Commission.

Your Firm and Your AI: How AI Can Help with Tax Season
While many pundits in the profession claim that tax returns (read compliance) are going away, I don’t think that will be true anytime soon.

NDH Advisors Acquires Kansas CPA Firm Stratus Group
Stratus Group is the Chicago firm’s first acquisition as it looks to expand after receiving private equity backing last May.

Professionals on the Move – Nov. 2023
Professionals on the Move is a round-up of recent hiring and promotion announcements from around the profession.

IMA Unveils New FMAA Certification
The new Institute of Management Accountants certification focuses on foundational financial and managerial accounting knowledge.

5 Ways to Gift Yourself Tax Savings This Holiday Season
The Illinois CPA Society offers five money moves to make before the end of the year to create some tax-time savings now and in the year ahead.

Managing Personal Finances for Adult Children with Disabilities
It’s not unusual for people with Down syndrome to live into their 60s and those with cerebral palsy to reach 50 years in age.

NYU School of Professional Studies Presents 42nd Annual Institute on State and Local Taxation on December 11-12 in NYC
On December 11-12, the NYU 42nd Annual Institute on State and Local Taxation, hosted by the NYU School of Professional Studies Division of Programs in Business, will take place at the Westin New York at Times Square.

State CPA Societies in Action: Pennsylvania Institute of CPAs
State CPA Societies in Action is a series of articles spotlighting the varied educational, advocacy, networking and professional activities of the state CPA societies across the U.S.

AuditClub Rebrands as CPAClub and Adds New Tax and Advisory Solutions
The company is offering the same concierge talent model but now with tax and advisory professionals to CPA firms.

Dean Dorton and VonLehman to Combine on Jan. 1
It’s not quite a “mega merger,” but a top 100 CPA firm and a top 200 CPA firm will be getting hitched at the start of the new year.

Two Texas CPA Firms to Join Forces Next Year
Houston-based firm abip CPAs & Advisors and San Antonio-based firm Brehm, Havel & Co. will merge effective Jan. 1, 2024.

No Matter the Business, Certain Principles Apply
If you hone in on one or more of these three key principles, a business can make a course correction, improve its operations and start making the numbers look better.

Withum Staff Volunteer 4,000 Hours Nationwide
“Give Back” is one the core tenets that comprise the Withum Way, the accounting firm’s code that it promotes among team members.

70% of Higher Ed Leaders Think Industry Needs Fundamental Change in Management
The outlook synthesizes data based on a survey of respondents from all regions of the United States and all sectors of higher education except for-profit institutions.

Cetera Completes Acquisition of Avantax
Avantax will operate as a unique community within the Cetera family, with 3,111 financial professionals, representing $82.3 billion in assets under administration and $42.0 billion in assets under management.

Survey Shows Proposed 1099-K Rules Would Hurt Sellers
As a result of these proposed changes, 83% of marketplaces anticipate sellers to leave their platforms, and a majority (55%) of marketplace sellers and gig workers are reconsidering online selling and on-demand work.

PwC Cuts 2% of Workforce in Canada
The Big Four firm employs about 7,000 people in Canada, so the job cut would amount to about 150 people.

KPMG Freezes Pay and Cuts Bonuses in the U.K.
Raises would be prioritized for staff who have been promoted, and employees will receive a smaller bonus than in previous years.

H&CO Acquires Orlando CPA Firm Grennan Fender
The top 200 accounting firm says adding Grennan Fender will strengthen the advisory services it provides to clients.

Xero Partners with Avalara to Add Automated Sales Tax Calculations
The solution brings advanced sales tax workflows and management directly into the Xero platform, allowing advisors and business owners to automate sales tax calculations, reporting and filing.

FASB Issues New Rules on Segment Reporting
The guidance will provide investors with additional useful information about a public company’s segment expenses, the FASB says.

Feel Good and Cut Taxes By Using These Five Charitable Giving Strategies
These tips can help you spread the love even more to charities you trust while also taking advantage of different kinds of tax benefits.

Republicans Protest Biden’s IRS Threshold Requirement for Online Purchases
The IRS said last week it is once again delaying implementation of the new $600 1099-K threshold for tax year 2023.

SSA: Social Security Overpayments Swell to $23 Billion
Social Security Administration’s uncollected overpayments balance grew from $21.6 billion to $23 billion in FY 2023, a report says.

Corvee Adds Augusta Rule Deduction Guidelines for Home Rentals to Tax Planning System
The nickname is derived from the practice of taxpayers renting out their in homes as temporary lodging during major sporting events hosted in, or near, their city.