The draft model will look to 'address the greatly expanding body of knowledge required of newly licensed CPAs,' according to the two organizations.
10h ago
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Plenty of tax deferral and impact investment runway is left even if clients miss the Dec. 31 deadline.10h agoPrincipalAG Asset Advisory
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House Democrats are making a last-ditch bid to reverse the $10,000 cap on state and local tax deductions before year’s end. But they’ll likely need to renew their efforts in 2020 — or beyond — because the legislation has no chance of becoming law this year.11h ago
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The new platform connect taxpayers with 'their ideal tax professional.'December 10
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The notice delays a requirement for reporting partners’ share of partnership capital.December 9
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Financial Executives International and its Committee on Corporate Reporting have released a new guide on internal control considerations for business combinations.December 9
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The Global Reporting Initiative has issued a new international tax reporting standard that aims to ensure multinational companies are much clearer about how much they pay in taxes, and where.December 9
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The Governmental Accounting Standards Board has proposed implementation guidance with questions and answers to clarify and explain some of GASB’s earlier standards and pronouncements.December 9
VOICES
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Frequently we are asked to prepare a formal proposal. This is usually done when the client or prospect is considering multiple firms and the decision will either be made by a board of directors or when the person making the decision feels the need to tangibly back up their decision.December 9
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A handy checklist for figuring out which prospects will benefit most from client accounting services.December 6
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Now, more than ever, CPAs must redefine who and what they are to their clients and companies or risk their relevance in a tech-heavy business world.December 6
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A handful of straightforward rules can help firms adopt this 21st century must-have.December 5
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Ashton Kutcher, Gwyneth Paltrow, Oprah: powerhouses in their fields, but they don't bring much value to an accountant audience.December 4