{"id":75782,"date":"2020-05-25t12:30:41","date_gmt":"2020-05-25t16:30:41","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=75782"},"modified":"2024-08-14t09:34:52","modified_gmt":"2024-08-14t13:34:52","slug":"retired-cpa-partners-face-cuts-from-covid","status":"publish","type":"post","link":"\/\/www.g005e.com\/2020\/05\/25\/retired-cpa-partners-face-cuts-from-covid\/","title":{"rendered":"retired cpa partners face pay cuts from covid"},"content":{"rendered":"
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facing the fallout from the covid crisis, 10 percent of small and midsized firms are already trimming compensation for retired partners.<\/strong><\/figcaption><\/figure>\n

firms target annual net profit caps, early retirement provisions, and mandatory retirement ages.<\/strong><\/p>\n

by domenick esposito<\/em><\/p>\n

with profits likely to take a short-term hit, retired partners at many cpa firms are facing cuts to their payouts, according to our straw poll of 30 leading firms.<\/p>\n

more from dom esposito:\u00a0<\/strong>\u00a0keep your firm from biting the dust<\/a> |\u00a0the six ingredients for firm value<\/a> |\u00a0four ways to add $100,000 in new business fees every year<\/a> | eight steps to small firm survival<\/a> |\u00a0no partner candidates? whose fault is that?<\/a> |\u00a0prune your firm: \u2018rightsize\u2019 managers and partners<\/a> |\u00a0how partners fail<\/a> |\u00a0ineffective management is hazardous to your firm\u2019s health<\/a> |\u00a0profitability requires discipline<\/a> |<\/p>\n

\"goprocpa.com\"exclusively for pro members.\u00a0<\/strong>log in here<\/a>\u00a0or\u00a02022世界杯足球排名 today<\/a>.<\/p>\n

coronavirus crisis updates: <\/strong>start here for a guide to all our coverage.<\/a><\/p><\/blockquote>\n

with covid-19 hurting revenues and bottom lines, firms of all sizes are reconfiguring their staff loads and renegotiating their space requirements.<\/p>\n

but we haven’t heard much about what firms are doing about their obligations for deferred compensation partner retirement plans. until now.<\/p>\n

read more →<\/a><\/p>\n