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smallest firms plagued most by growing tax complexity.
via aicpa
staff recruitment remains the top issue for most cpa firms, while growing tax complexity and risk management regarding privacy and data security are rising challenges, new research by the aicpa shows.
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“finding qualified staff” is the no. 1 issue for every firm-size segment except sole practitioners, according to the 2019 pcps cpa firm top issues survey, matching the topline results from the last survey two years ago.
recession-proofing your business
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accountants in industry and in practice are taking a dimmer view of the economic and business outlook
by 卡塔尔世界杯常规比赛时间 research
recession-proofing your practice:
join the survey. get the results.
new 卡塔尔世界杯常规比赛时间 soundings show concerns are building among both public and corporate accountants about the outlook for both the u.s. and global economies.
deducting litigation expenses: new appellate court decision
auditors said the activity wasn’t profit-seeking.
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by christopher m. demayo
withum
the fifth circuit court of appeals issued a decision on march 29, 2019, that explains some of the requirements for deducting litigation expenses.
the facts of the case are bizarre, but the controlling legal principles are not.
in a nutshell, the taxpayer was the sole shareholder of a company that was a commercial cleaning franchisor (“company”). in november 2002, the taxpayer traveled on vacation with his girlfriend and two employees of his company to the caribbean island of st. maarten, where he owned a home. one of the employees was a bodyguard and the other was a former girlfriend.
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see you in las vegas…
if you’re going to the aicpa’s mega-conference, engage, in las vegas, june 8-13… or simply tuning in for the live streaming, don’t miss the chance to see, meet, and chat with dozens of 卡塔尔世界杯常规比赛时间’ leading expert authors and contributors.
shutdown: what to tell tax clients during “the lapse”
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government shutdown scrambles busy season.
next question: how’s it affecting accountants and clients?
join the survey. get the answers.
by rick telberg
卡塔尔世界杯常规比赛时间
the internal revenue service is struggling to continue operations as the nation heads into tax season during the “appropriations lapse,” a.k.a the government shutdown.
some 16,000 irs employees are exempt from the shutdown, and another 30,000 are being called in to work without pay—a total of 57.4 percent of the 80,265 employed before the shutdown.
nevertheless, with four desks out of ten empty, the irs is holding back on most services that require human involvement.
tax practitioners would do well to advise their clients of the following:
your survey results are ready: tax season ’22
fear and loathing for tax season ’22. most tax and accounting practitioners see a bleak outlook ahead. by 卡塔尔世界杯常规比赛时间 research tax and accounting professionals are launching into busy season 2022 with widespread fears of crisis and chaos, facing a … continued