Caleb Newquist - Voice of the Editor | AccountingWEB

Caleb Newquist - Voice of the Editor

Caleb Newquist is the Editor-in-Chief of Sift Media US, overseeing content for both AccountingWEB and Going Concern.

Prior to this role, Caleb served as the editor of Going Concern since its founding in 2009. During his time as editor, Going Concern quickly became one of the most popular and talked about websites in the accounting profession. He has been named one of Accounting Today's Top 100 Most Influential People every year since 2011 and has been published on numerous websites, including Above the Law, Deadspin, Denver Business Journal, and the Huffington Post.

Caleb is an adjunct professor of journalism the Community College of Denver in Denver, Colorado, where he teaches Internet Media.

Prior to falling bass ackwards into the media business, Caleb spent over five years working in public accounting, with more than three of those years at KPMG. Caleb received a Master of Science in Accounting from Colorado State University and a Bachelor of Science in Business Administration from the University of Nebraska at Kearney.

Caleb spends a lot of time on a bicycle and reading, but never at the same time.

Latest posts

We are all servants. Helping others is the whole idea behind being an accountant. In fact, one could say that everything we do in our profession, in one way or another, helps others. But when accountants go beyond their regular job of helping people plan for their financial future, prepare their tax returns, understand the mystery behind the financial statements, stay out of trouble, manage their businesses, and so on, when accountants say, "I'm not doing enough - how can I help?" and they go beyond the regular business of dealing with the numbers, it becomes more clear that the people who are attracted to this profession are people you can count on, and there is no pun intended.
Taxpayers and their preparers who are located in areas that were either evacuated or under severe weather warnings because of Hurricane Irene are being extended some extensions of time for filing returns and making payments. If you serve clients in Connecticut, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Puerto Rico, or Vermont, these relief measures might apply to your clients. If you haven't done so already, now is a good time to call or send a message to your clients, and not just the ones in the path of the hurricane.
You remember where you were when you heard the news of September 11, 2001. You watched the events unfold. You remember your reactions, the emotion you felt, the unanswered questions. At AccountingWEB, we followed the story from the perspective of tax benefits and emergency relief and extended deadlines - examples of the government backing off from rules that suddenly seemed trivial. We watched as a nation of people stopped pointing fingers at each other for a moment and instead opened their arms in one massive group hug, and we read the eyewitness reports from one of our New York members, David A. Miller II, who shared his own thoughts as he literally watched the story unfold.
Unintentionally, the concept of working together effectively seems to be a theme running through our articles this week. Whether you're trying to incorporate your teenage children into your workplace (because you just don't get enough of them in the off hours), create a sense of camaraderie amongst multiple generations who find themselves tossed together in the same office, or just encourage each other to better yourselves by staying fit, the end result is, startlingly, the same.
I'd like to tie all of the articles in today's Careers e-newsletter together in one bundle and call it: Jumpstart your career. Too often we stick with the status quo. We probably don't even stop to think about it, but if we did, we might see ourselves on a treadmill, going through the same motions, day after day, without giving consideration to taking the reins of that wagon that is pulling our careers along and turning it in a new direction.
We're thrilled to hear that the IRS has hired 4,300 new revenue agents in the past two years because that means (a) our tax dollars are being used to provide jobs in the down economy, and (b) tax revenue can increase due to the improved compliance enforcement that surely will accompany such a large influx of examiners. Or not. It appears that, according to the folks at the Treasury Inspector General for Tax Administration, these thousands of new revenue agents aren't exactly burning up the tax audit dance floor with their collection efforts.
The new congressional committee on deficit reduction that was organized in conjunction with raising the debt ceiling has been given the task of finding ways to reduce government spending and raise revenue. Some speculate that a major tax act could come out of this panel and be enacted in 2012. Not only would new tax legislation give accountants plenty to share with their clients, but changes in the tax laws could potentially wreak havoc with 2012 elections. This week, Ken Berry examined some of the key issues that will likely be discussed behind the closed doors of the Super Panel.
While it might seem a no-brainer to allow CPAs to practice in other states without jumping through licensing hoops, the issue as not as black and white as you might think. When you remember that each state gets to set the rules for how a CPA gets licensed, then the mobility issues start to make sense. If State A requires you to practice as a public accountant for two years before you can be licensed, and State B says you can be licensed after one year of work experience, and that experience doesn't even have to be in a public accounting firm, how does State A know that the State B accountant has the chops to practice in State A?
Tom Hood and his colleagues at the Maryland Association of CPAs never fail to amaze and impress. Sometimes you can find them orchestrating a flash mob of accountants or putting down stakes in the virtual world of Second Life, but most recently the Association has gotten serious about XBRL and has undertaken a project to demonstrate XBRL's scope and versatility by tagging its own financial statements and showing how nonprofits can, well, profit from the experience.
School is starting soon (cue muffled cheering from parents, loud moans from children). Make this the year that you get involved in education. If you're a parent, reach out to the schools your children attend. Work with your community schools even if you're not a parent. Consider contacting schools you attended yourself. Here are some tips for getting involved:


Featured blogs

Steve Knowles has spent 25 years in business and practice in the UK, but he also worked in the states and the years haven't dulled his way of seeing an alternative view to everyone else, and every day is a new adventure.


Joel M. Ungar, CPA is a lifelong resident of the Detroit area and a graduate of The University of Michigan. He is a principal with Silberstein Ungar, PLLC, a Top 15 auditor of SEC public reporting companies.


Allan Boress, CPA, with over 25 years as a practitioner and consultant to the accounting profession. Mr. Boress is the author of 12 published books in 6 different languages, including a best-seller, The "I-Hate-Selling" Book.


Larry Perry, CPA, CPA Firm Support Services, LLC, is the author of accounting and auditing manuals, author and presenter of live staff training seminars, and author of webcast and self-study CPE programs. He blogs about small audits, reviews, and compilations.

Sandra Wiley, COO and Shareholder, is ranked by Accounting Today as one of the 100 Most Influential People in Accounting as a result of her prominent role as an industry expert on HR and training as well as influence as a management and planning consultant. She is also a founding member of The CPA Consultant's Alliance. Sandra is a certified Kolbe™ trainer who advises firms on building balanced teams, managing employee conflict and hiring staff.

Maria Calabrese, CIR, Human Resources manager for Fazio, Mannuzza, Roche, Tankel, LaPilusa, LLC in Cranford, New Jersey, Maria's topics revolve around the world of: Mentoring, Performance management, and The "Y Generation," a.k.a. "The whY generation".


William Brighenti is a CPA, Certified QuickBooks ProAdvisor, and Certified [Business] Valuation Analyst, operating an accounting, tax, and QuickBooks consulting firm in Hartford, Connecticut, Accountants CPA Hartford.


Ken Garen, CPA, is the co-founder and President of Universal Business Computing Company (, a software development firm of high-volume, high-productivity accounting and payroll technology.


Eva Rosenberg, MBA, EA, is the publisher of, and author of the weekly syndicated Ask TaxMama column. She provides answers to tax questions from taxpayers and tax professionals worldwide.


Amy Vetter, CPA, CITP is the CPA Programs Leader for Intacct Corporation responsible for leading the CPA/BPO Partners nationally.

Brian Strahle is the owner of LEVERAGE SALT, LLC where he provides state and local tax technical services to accounting firms, law firms and tax research organizations across the United States. He also writes a weekly column in Tax Analysts State tax Notes entitled, "The SALT Effect." For more info, visit his website:
Scott H. Cytron, ABC, is president of Cytron and Company, known for helping companies and organizations improve their bottom line through a hybrid of strategic public relations, communications, marketing programs and top-notch client service. An accredited consultant, Scott works with companies, organizations and individuals in professional services (accounting, finance, medical, legal, engineering), high-tech and B2B/B2C product/service sales.

Rita Keller is a nationally known CPA firm management consultant, speaker, author, mentor and blogger. She has over 30 years hands-on experience in CPA firm management, marketing, technology and administrative operations.

Stacy Kildal is the mom of two fantastic kids, an Advanced Certified QuickBooks ProAdvisor, Certified Enterprise Solutions ProAdvisor, Sleeter Group Certified Consultant, a nationally recognized member of the Intuit Trainer and Writer Network, and co-host of RadioFree QuickBooks.
Michael Alter's blog specializes in providing practical advice to those who seek greater profitability and practice management tactics that enhance deeper client relationships.

Sally Glick, CMO, Principal, Marketer of the Year in 2003 and AAM Hall of Famer in 2007, leads a lively discussion of the constantly expanding roles of marketing and the professional marketers that drive this initiative in accounting firms of all sizes.


The IMA Young Professionals Blog features the insights of IMA’s Young Professionals Committee. Committee members share advice and experiences on careers, continuing education, work/life balance, and other issues affecting young accounting and finance professionals.


FEI Financial Reporting Blog provides highlights from SEC, PCAOB, FASB, IASB, and other regulatory news, including reporting under Sarbanes-Oxley Sect 404. It is written by Edith Orenstein, Director of Technical Policy Analysis at FEI.


Sue Anderson has 30 years of experience in continuing education for accountants. Currently she is the program director for online CPE provider CPE Link.


Jim Fahey is COO of Apple Growth Partners, a regional CPA firm in Ohio. His focus is on the effective and efficient use of technology within the firm by all team members.

Caleb Newquist is the Editor-in-Chief of Sift Media US, overseeing content for both AccountingWEB and Going Concern.

Leita Hart-Fanta, CPA, CGFM, and CGAP is the author of "The Yellow Book Interpreted" and owner of a website devoted to training for governmental auditors.


AccountingWEB is more than just a U.S. team of journalists and financial and technology experts - we have an international side, too! Members of our British team who publish share their ideas, insights, and perspectives from across the pond.