Not a good way to start Tax Season 2018. An angry and frustrated National Taxpayer Advocate Nina E. Olson has slammed Congress hard in the Taxpayer Advocate Service 2017 Annual Report to Congress. After a series of IRS budget cuts over the last several years, Olson says she sees the daily consequences of reduced funding […]
TUESDAY | FEBRUARY 6 BUSY SEASON MANAGEMENT Do you make them feel important? By Ed Mendlowitz Tax Season Opportunity Guide Clients are our customers. They pay our salary and enable us to make good livings. Do what you can to accommodate them and make them feel important – as important as they believe they are. […]
Voices of the Profession: Sal Collemi
WEDNESDAY | JANUARY 31, 2018 Plus 4 “how much?” questions to ponder. By Ed Mendlowitz How to Build a Stronger Tax Practice As you see each tax prep client you should keep a list of additional services you can offer them. Also, continue this list when you review each return. MORE ON MARKETING TAX SERVICES: How […]
By David Lifson, CPA January 2018 In order to meet legislative rules that would have required some bipartisan support, the Republicans have passed historic and comprehensive tax reform legislation that is already in need of comprehensive reform. This version of the Internal Revenue Code (IRC) will almost certainly not last long; it is designed to […]
An Historical Perspective on the Passage of TRA ’86 By Walter Primoff, CPA/PFS, CGMA January 2018 Editor’s Note: The Tax Cuts and Jobs Act, the most significant overhaul of the federal tax system since the Tax Reform Act of 1986 (TRA ’86), recently passed Congress and was signed into law by the President. This occasion presents […]
A Tax Reform Law for Our New Normal Publisher’s Column By Joanne S. Barry, CAE January 2018 In The CPA Journal‘s December 1986 issue, authors Stanley Rier and Leonard Goodman summed up their analysis of how that year’s major tax reform bill would affect individuals this way: “It appears that under the banner of tax simplification, Congress […]
By Michael Cohn Published January 22 2018, 12:29pm EST The Securities and Exchange Commission charged six CPAs Monday who were former senior officials at KPMG and ex-staffers at the Public Company Accounting Oversight Board with participating in a scheme to misappropriate and misuse information on the PCAOB’s planned inspection of the Big Four firm. The […]
By Edward Mendlowitz Published January 08 2018, 1:09 pm EST Back in 2010, I wrote a book called “Power Bites,” containing some concise management, leadership and lifestyle advice I give to my clients. I was recently asked to update the book, but after rereading it, I still like it the way it is. Here are […]
By Ranica Arrowsmith Published January 12 2018, 11:05am EST The Accounting and Finance Show, New York, is under new management, and this year will feature six different tracks for attendees to follow. Accounting professionals will be able to attend sessions on technology, tax management, wealth management, practice management, and funding, bookkeeping and payroll. There will […]
Accountants Club of America, Inc.