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The California Society of CPAs named five CPAs its 2019 “Women to Watch” at the CalCPA Women’s Leadership Forum on Friday. The annual award recognizes female CPAs for leadership, community and public service, advocacy, mentoring and overall contributions to the accounting profession. This year’s Women to Watch came in three different categories: Frances Ellington, a […]
Top 10 Firm RSM US has announced the opening of its RSM Technology Experience Center, the first of a number of client-focused initiatives the firm is opening to “support its commitment to collaborative innovation for the middle market.” Based in Denver, the Technology Experience Center offers clients more than 30 “immersion experiences” that run through […]
One of the most challenging and stressful tax seasons in recent memory is behind you. I hope you’re making time for some RR and doing a little self-reflection. That’s what I do when I’m surfing near my home in Southern California. No matter when I go out on the water or what the conditions are, […]
Aggravating factors; a big dig; steal of the Century; and other highlights of recent tax cases. Durham, N.C.: Catinia Denise Farrington, a resident of Cypress, Texas, and the owner of a North Carolina mental health company, has been sentenced to prison for submitting false claims to Medicaid and tax evasion. She was sentenced to 60 […]
Nearly three-quarters (74 percent) of corporate tax professionals are dedicating extra time and technology resources, including artificial intelligence and bots, to help their companies comply with the Tax Cuts and Jobs Act, according to a new survey by Ernst Young. The 2017 tax overhaul has prompted the IRS, taxpayers and tax professionals to scramble to […]
A rebound in the stock market in the first quarter of 2019 enabled the personal financial satisfaction of Americans to rebound to an all-new high after declines in the previous quarter, according to a quarterly survey from the American Institute of CPAs. Job openings continue to be a significant contributor to financial satisfaction, according to […]
More business travelers are using scooters to get around town, and the rentable scooter trend is starting to show up in corporate expense reports. The quarterly SpendSmart report from the expense management software provider Certify indicated the scooter startups Bird and Lime made up the majority of receipts in the category in the first quarter […]
Another one in the books; bias in the TCJA; talking basis; and other highlights from our favorite tax bloggers. Two out of three ain’t bad Mauled Again (http://mauledagain.blogspot.com/): What to remind them about keeping track of charitable contributions for tax purposes via a somewhat hard lesson learned by Beto O’Rourke. IRS Mind (https://www.irsmind.com/): When does […]
Artificial intelligence is poised to transform the finance and accounting industries with advancements that eliminate tedious tasks and free up time for financial staff to prioritize higher impact responsibilities. Yet a majority of businesses (80 percent) still haven’t employed AI in their workforces due to uncertainties around the business case or return on investment. This […]
It remains true that automating processes within a firm that have long followed a tried-and-true manual process can be met with fear. It’s no one’s fault: sometimes even simple automation means a big change in how an accountant spends their time, and any change is scary. But perhaps we can take a lesson from Hollywood […]
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