article thumbnail

The Best Tech for Accounting Firms: CPAs Voted for Readers Choice Tech Awards

CPA Practice

The technologies used in professional accounting firms continue to evolve and shape how practices function, from client service, to staffing issues, and overall management and growth. But even basic tax planning can make a big difference in reducing future tax liability. WINNER: TheTaxBook – Tax Materials Inc.

article thumbnail

11 CPAs Honored by AICPA and CIMA

CPA Practice

The American Institute of CPAs and Chartered Institute of Management Accountants honored eleven CPAs during AICPA & CIMA ENGAGE 2023 in Las Vegas this week. The awards highlight CPA efforts in a specific accounting specialty area, excellence in volunteer efforts or significant contributions to the accounting profession.

cpas 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

AICTP’s Roadmap to Tax Planning: 10 Keys to Growing Your Accounting Advisory Services

CTP

The accounting landscape is changing rapidly. CPAs and EAs are rethinking their strategies for practice management while moving from compliance to advisory services. As firms look to provide more value to clients, many have introduced Client Advisory Services (CAS). It starts with a 3-day tax planning academy.

article thumbnail

Friday Footnotes: Accountant Shortage Ramps Up Work Pressure; Celebrities’ Trusted CPAs; ERC Reverse Card | 12.8.23

Going Concern

The CAQ surveyed 748 audit partners at eight of the largest accounting firms about conditions for their clients. News KPMG plans merging UK and Swiss businesses [ Reuters ] KPMG, one of the world’s Big Four accounting firms, said on Thursday that it is exploring a merger of its UK and Swiss businesses in a bid to boost profit.

cpas 100
article thumbnail

Episode 066: Look at the Film Industry Tax Credit Business with Irene Waschler

BuildYourFirm

Episode 066: Look at the Film Industry Tax Credit Business with Irene Waschler. The Association for Accounting Marketing has been around since 1989 when accounting firms could start advertising for their services. She is also experienced in cryptocurrency taxation including tax preparation and problem resolution.

Tax 178
article thumbnail

IRS launches Operation Hidden Treasure and the implications for CPAs

ThomsonReuters

Cryptocurrency’s slow adoption is reflected in adoption by firms and CPAs. Conservative estimates expect 18-21 million taxpayers will need to consider crypto when filing their 2020 tax returns. Taxpayers can no longer plead ignorance on their cryptocurrency tax obligations with the new page 1 question. Conclusion.

cpas 59
article thumbnail

Sidney Kess, Tax Attorney and Author, Has Died at Age 97

CPA Practice

Most recently, Kess had been working as of counsel at the New York-based law firm Kostelanetz LLP and was scheduled to present a session along with his good friend Edward Mendlowitz , a partner at Withum, during the 54th annual estate, tax, and financial planning conference named in Kess’s honor that is slated for Oct.

Tax 112