A new report from the IMA and CalCPA also found that 43 to 55 percent of female, nonwhite, and LGBTQIA respondents polled have left a U.S. accounting company due to a perceived lack of equitable treatment.
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February 23, 2021
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Less than half of accountants say the profession is equitable
By Sean McCabe
A new report from the IMA and CalCPA also found that 43 to 55 percent of female, nonwhite, and LGBTQIA respondents polled have left a U.S. accounting company due to a perceived lack of equitable treatment.
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Lawmakers tell IRS to stop sending incorrect tax delinquency notices
By Michael Cohn      3 min read
Two leaders of Congress’s main tax committee are questioning why the Internal Revenue Service keeps sending notices to taxpayers about missing returns when it’s still catching up on unprocessed mail.
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Art of Accounting: Overloaded with tax work, underloaded with staff
By Edward Mendlowitz      4 min read
A firm found itself shorthanded during tax season when two of its most experienced tax return reviewers left. What should they do?
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IRS urged to fix security holes in tax transcript program
By Michael Cohn      4 min read
The Internal Revenue Service should be doing more to protect the security of tax transcript information available through its Income Verification Express Service program, according to a new report.
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Building an exit ramp
By Daniel Hood
No one likes to contemplate their own mortality, but John Napolitano of U.S. Wealth Management makes it clear why accountants need to get their business-owner clients thinking about exit planning.
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3 pillars of an end-of-pandemic strategy
By Amy Vetter
The vaccine rollout may not be happening as fast as we’d like, but an end to the worst of the pandemic is on the horizon. Is your firm ready for it?
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What does it mean to be a ‘highly automated’ firm?
By Jeannie Ruesch      5 min read
Automation isn’t just about improving your business processes — it’s also a key way to better serve your clients.
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CalCPA names interim CEO
By Daniel Hood      2 min read
Past chair and retired Grant Thornton audit partner Richard Simitian will take the helm on March 1.
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Trump rejected as Supreme Court lets prosecutor get tax records
By Greg Stohr      2 min read
The U.S. Supreme Court put a New York grand jury on the brink of getting eight years of Donald Trump’s tax returns and other financial records, ending months of delay by rejecting his bid to keep the information private.
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PwC offers free masters degree for Black, Latinx accountants
By Kayla Webster      3 min read
The Big Four firm created the program to give more people of color the opportunity to become CPAs.
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RESOURCES
WEB SEMINAR
Case Study in Growth: More Profitable Sales Tax Services
The COVID pandemic, along with many changes due to the rise of economic nexus, has increased the burden and complexity of managing sales tax compliance for many clients.
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Lease accounting for private companies: A guide to the first 90 days →
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The 2020 EY and LeaseAccelerator global lease accounting survey results →
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