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Liberty Tax Inc. shares climbed as much as 28 percent, the most in more than six years, after founder John Hewitt agreed to sever ties with the company and sell all of his shares following a sex scandal that had already cost him his job as chief executive officer. Hewitt will dispose of his stake […]
To improve your firm’s selling effectiveness, it often helps to look at the entire process from the eyes of the buyer. In other words, if you reverse engineer your approach by looking at things from the prospect’s point of view, you might change your approach and effectiveness. So, let’s take a look at things from […]
A group of prominent accounting firm advisors has banded together to create the CPA Firm Best Practices Network with the goal of helping firms reach a higher level of performance. The network is affiliated with the CPA Leadership Institute and Adamson Advisory. The panel of advisors includes Gary Adamson of Adamson Advisory, Joel Sinkin of […]
The Internal Revenue Service needs to strengthen its taxpayer authentication efforts to combat identity theft, according to a new report from the Government Accountability Office. The GAO noted that criminal were able to get at least $1.6 billion in 2016 by using false identities to claim tax refunds, although the IRS was able to keep […]
Ernst Young has acquired cryptocurrency technology and patents from Elevated Consciousness, a San Francisco-based startup that focuses on digital currency. EY is acquiring the technology for the Andy Crypto-Asset Accounting and Tax (CAAT) tool, which connects with multiple cryptocurrency exchanges and wallets to provide better visibility into cryptocurrency transactions and inventory. Financial terms of the […]
Growth: The difference between the disruptor and the disrupted I was once asked, “Why is growth important?” My short answer was it comes down to perspective. Do you want your firm to be relevant and be a disruptor, or do you want your firm to be irrelevant and be disrupted? Without growth, your firm will […]
Are you committed to being a better firm or just interested? If you don’t like change, you’ll like irrelevance even less.
ClientWhys, which provides marketing automation software as well as website building and branding services for accountants, has created a small business accounting marketplace called CountingWorks. It’s free to be listed, and for a limited time, accounting professionals who want a premium listing can get one for a discounted rate. CountingWorks is a resource for small […]
New York Governor Andrew Cuomo’s administration is investigating whether President Donald Trump’s charitable foundation violated state tax laws, said a person familiar with the probe. The investigation could complicate a separate civil lawsuit against the foundation if it results in a criminal referral to the New York attorney general’s office. The foundation could argue the […]
Mazars holds fourth annual Days of Service Top 100 Firm Mazars USA recently held its fourth annual Days of Service, which sees staff members spending a full workday assisting local service organizations. Part of the firm’s “We ARE Mazars” program, the Days of Service event encourages employees’ personal growth and development through “Association, Respect and […]
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