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Month: November 2017

Give them their own space

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November 4, 2017
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| Tax News And Info

For many stressed-out accountants, their best option for getting away and blowing off steam is the office parking lot. But some top workplaces in the profession are giving staff a place of their own inside to relax and recharge. While many firms have break rooms and lunchrooms, some firms take the concept to a whole […]

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Posted in Tax News And Info Tagged irs, tax news

In the war for talent, money is ammunition

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November 3, 2017
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| Tax News And Info

In all the talk about work-life balance, exciting work opportunities, career support and all the other ways top firms are making themselves attractive places to work, it’s important not to forget that money remains a key motivator. To start, it’s a given that firms need to pay competitive salaries (Irvine, Calif.-based Best Firm Haskell White […]

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Posted in Tax News And Info Tagged irs, tax news

9 instant takeaways from the GOP tax proposal

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November 3, 2017
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Changes to the tax proposal released by House Republicans are assuredly likely, especially since a plan that may be quite different is expected from the Senate in the coming days. Those two versions would have to be reconciled and approved before legislation could be sent to President Trump for his signature. But for now, what […]

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Posted in Tax News And Info Tagged irs, tax news

Year-end tax planning moves for individuals and businesses

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November 3, 2017
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As the end of the year approaches, it is a good time to think of planning moves that will help lower your tax bill for this year and possibly the next. Until Congress passes tax reform legislation, these tips should help many tax clients. The following article highlights the opportunities and challenges that affect year-end […]

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Posted in Tax News And Info Tagged irs, tax news

PCAOB leans toward issuing blockchain and data analytics guidance

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November 2, 2017
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| Tax News And Info

The Public Company Accounting Oversight Board is likely to issue guidance on the use of blockchain and data analytics technology as more auditing firms weigh the benefits and drawbacks of them. Speaking at the National Association of State Boards of Accountancy annual meeting in New York on Tuesday, PCAOB member Jeanette Franzel discussed the need […]

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Posted in Tax News And Info Tagged irs, tax news

Trump endorses repealing ACA individual mandate in tax bill

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November 2, 2017
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President Donald Trump called Wednesday for repealing the Obamacare individual mandate in a tax overhaul, a day before House GOP leaders planned to unveil a bill without that provision. In a pair of tweets, Trump said: “Wouldn’t it be great to Repeal the very unfair and unpopular Individual Mandate in ObamaCare and use those savings […]

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Posted in Tax News And Info Tagged irs, tax news

Meet the 2017 Best Small Firms to Work For

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November 2, 2017
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| Tax News And Info

Slide 1 of 45 Each year, Accounting Today and Best Companies Group selected the Best Accounting Firms to Work For in three categories: Small, Midsized and Large. This slideshow includes the best in the Small Firm Category (firms from 15-49 employees), with their rankings and select data on the firms, as well as photos the […]

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Posted in Tax News And Info Tagged irs, tax news

Avoid the temptation to ‘sprinkle’ partner compensation

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November 1, 2017
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| Tax News And Info

For the most part, managing partners at a large number of the best run Top 100 firms below the Giant Four do an excellent job in splitting up their compensation pies. Their partner compensation system rewards performance and, at the same time, nurtures rising stars with lots of potential. Goal setting and evaluation tools are […]

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Posted in Tax News And Info Tagged irs, tax news

Trump says ‘hopefully not’ on corporate tax cut phase-in

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November 1, 2017
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President Donald Trump said Tuesday that “some people have mentioned” phasing in a proposed corporate tax-rate cut as part of broad tax-overhaul legislation that’ll be released Wednesday, but “we’re not looking at that.” “Hopefully not,” Trump said. “It’s something, some people have mentioned that. But hopefully not.” Trump’s comments came at the beginning of a […]

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Posted in Tax News And Info Tagged irs, tax news

Bishop: Time for a new pathway to being a CPA?

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November 1, 2017
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While CPAs will be needed far into the future, the profession – including members, educators, and regulators – needs to be more proactive in the face of massive changes, according to National Association of State Boards of Accountancy Ken Bishop. “I believe the future of the CPA is strong,” Bishop told attendees at NASBA’s 110th […]

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Posted in Tax News And Info Tagged irs, tax news
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