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Category: Tax News And Info

Filling your client acquisition funnel is a marathon

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August 15, 2018
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| Tax News And Info

At the onset of every client acquisition program, we all run into the proverbial funnel (or pipeline) and have to push clients through different phase gates of the process. Despite various gentle nudges, love taps and tactics to shorten the cycle time, all experienced marketers and rainmakers acknowledge that this process is too slow and […]

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Posted in Tax News And Info Tagged irs, tax news

What digital transformation looks like for today’s CPA firms

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August 15, 2018
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| Tax News And Info

Digital transformation has been a near constant topic of conversation among accounting and CPA communities in 2018. The trend can be defined as the shift from antiquated, manual processes to automatic, technology-driven ones. Think switching from mailing out paper invoices and collecting checks before driving them to the bank, to sending out electronic invoices with […]

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Posted in Tax News And Info Tagged irs, tax news

5 top tax reform opportunities for individuals

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August 15, 2018
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| Tax News And Info

There are no fewer than 130 new tax provisions in the Tax Cuts and Jobs Act, according to Shaun Hunley, a technical editor of PPC products for Thomson Reuters Checkpoint in the Tax Accounting business of Thomson Reuters, but with tax practitioners starting to focus on helping clients address the act’s impact, he has singled […]

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Posted in Tax News And Info Tagged irs, tax news

MSCPA announces 2018 ‘Women to Watch’

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August 14, 2018
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| Tax News And Info

The Massachusetts Society of CPAs announced on Monday that seven women have been honored with the 2018 Women to Watch Award, recognizing those who have made “outstanding contribution to the accounting profession, their community, place of employment and/or to the development of women as leaders,” according to the Society. Seven women were highlighted, with three […]

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Posted in Tax News And Info Tagged irs, tax news

FASB proposes tweaks for leasing standard

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August 14, 2018
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The Financial Accounting Standards Board is proposing to make a number of narrow improvements in the lease accounting standard as public companies get ready for it to take effect at the end of the year. The proposal aims to reduce some of the costs and implementation headaches of appplying the leasing standard. It would also […]

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Posted in Tax News And Info Tagged irs, tax news

Top five TCJA tax planning opportunities for individuals in 2018

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August 14, 2018
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| Tax News And Info

As we enter into the tax planning stage of the year, the focus shifts to helping clients understand the impact of the Tax Cuts and Jobs Act and optimize their tax positions. That is no small task, given that there are over 130 new tax provisions. Here are the top five TCJA tax planning opportunities […]

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Posted in Tax News And Info Tagged irs, tax news

People on the move: KPMG appoints chief diversity officer

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August 13, 2018
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| Tax News And Info

Ravi Bansal was hired as a principal and national commercial advisory services leader for the enterprise technology strategy and the advanced technology solutions and analytics practices at Grant Thornton, Chicago. Joining Bansal in the practice are managing directors Shyam Bhaskar, Rick Garcia and Alan White. Scheffel Boyle, Edwardsville, announced 19 promotions in seven offices: to […]

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Posted in Tax News And Info Tagged irs, tax news

It’s a great time to be a prison landlord, thanks to the IRS

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August 13, 2018
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| Tax News And Info

Private-prison companies keep winning, and they have U.S. taxpayers to thank. Not only are Americans footing the bill for detaining thousands of border-crossers, the Internal Revenue Service allows CoreCivic Inc. and GEO Group Inc. to legally avoid paying taxes on their gains. Those gains are substantial. A dollar placed on CoreCivic the day before President […]

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Posted in Tax News And Info Tagged irs, tax news

Firms on the move: Crowe pledges 75K volunteer hours

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August 13, 2018
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| Tax News And Info

KPMG celebrated the construction of its new learning, development and innovation center in Orlando, which is nearing completion, by honoring the construction crew and designers at a recent ceremony. (Read the full story.) EisnerAmper announced the opening of a new downtown office in West Palm Beach, at 515 North Flagler Drive, Suite P-300.

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Posted in Tax News And Info Tagged irs, tax news

PCAOB drafts 5-year strategic plan

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August 12, 2018
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| Tax News And Info

The Public Company Accounting Oversight Board has released a draft version of its five-year strategic plan and is asking for public comment on its areas of focus, after a slate of fresh new board members joined this year and an overhaul of some of its top staff. After surveying PCAOB staff and the public, the […]

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Posted in Tax News And Info Tagged irs, tax news
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