News

Practice

Three Problems Caused by Employee Turnover and Implications of an Inefficient Hiring Process

Employee turnover, in industries like accounting, has always been a problem. Too often, revolving workforces lead to increased training costs, inconsistent production, poor morale, and, consequently, reduced or limited profits.
Practice

Unresolved Client Issues Take Money Out of Your Pocket

In my February 18 webinar on "Understanding the Client Experience," a participant asked what can be done about negative customer comments on the web, that "may or may not be true."
Tax

Bramwell's Lunch Beat: The Fixes Are in for FATCA

Here are “Bramwell’s Lunch Beat” menu items for February 21.
Education & Careers

Individual Leadership: Achieving Professional Excellence by Raising the BAR

BAR is an acronym for: Boundaries, Authority and Role. This simple tool will provide participants with a solid understanding of leadership essentials to improve their performance.
Technology

How to Improve Spreadsheet Integrity with VLOOKUP

Building complex spreadsheets without lookup formulas, such as VLOOKUP, is akin to putting a screw in the wall with a hammer. It’s possible, but the results aren’t pretty, and most probably won’t maintain integrity.
A&A

FASB Backs Variable Interest Entity GAAP Alternative

The Financial Accounting Standards Board (FASB) on February 19 green-lighted an accounting alternative that would exempt many private companies from applying variable interest entity guidance to lessor companies under common-control leasing arrangements if certain conditions are met.
A&A

Designing Internal Control Systems for Small- and Medium-Sized Entities

This webcast will focus on designing effective and practical internal control systems for smaller entities.
A&A

Auditing Special Purpose Frameworks - Part 9: Clarified Auditing Standard

CPA Larry Perry provides a step-by-step approach to performing small audits of financial statements prepared using special purpose frameworks.
Practice

Here Are Some Risks to Consider Before Using Social Media for Your Business

The noise about using social media as a means to grow your business has become so constant it almost blends into the background at this point. With Facebook, Twitter, and LinkedIn pushing their advertising platforms and Google+ touting better search optimization, it’s inescapable.
Tax

Bramwell’s Lunch Beat: A Six-Year-Old’s Letter to the IRS

Here are “Bramwell’s Lunch Beat” menu items for February 20.
Tax

Identity Theft Tops IRS ‘Dirty Dozen’ List of Scams for 2014

For the third straight year, identity theft heads the IRS’s list of the top twelve scams taxpayers should be wary of during tax season.
Practice

Use a Validated Hiring Process to Help Reduce Employee Turnover

It may seem counterintuitive, but it is during the worst economic times that finding and retaining quality employees is the hardest. There are several reasons for this, but the most candid is simply that good employees aren’t laid off first. In addition, most people are less likely to take a risk and seek a new job when the economy is struggling.
Practice

HARO: Easy-to-Use, Low-Hanging PR Fruit

Scott Cytron has a public relations tip for you that has brought success to one of his clients no less than three times in the last month. It’s HARO (Help a Reporter Out), a database that enables you to respond to reporter queries that you normally would never know about, all for free and with a very minimal time commitment.
Tax

TIGTA Says IRS Needs to Upgrade Travel Procedures

In a new report released yesterday, the Treasury Inspector General for Tax Administration (TIGTA) says some IRS executives have been dodging taxes on travel excursions.
Tax

Bramwell’s Lunch Beat: Mt. Rushmore of Tax Professors

Here are “Bramwell’s Lunch Beat” menu items for February 19.
Tax

Celebs Talk a Big Game, But Will They Pay More Taxes?

Who wants to pay more taxes? If you’re waiting for a punch line, forget about it. With tax time underway, there will be a lineup of wealthy people, mostly celebrities, saying, “Please tax me more!” However, in many cases, their words don’t match their actions.
Tax

Tax Professionals: How Do You Protect Your Practice and Clients From Dishonest Employees?

This morning, I was reading an article in last year’s EA Journal about an EA who discovered that one of his employees had been stealing his clients’ refunds. It was a stunning revelation to this employer, because it had been going on for at least two tax seasons (2010 and 2011) without his knowledge.
Education & Careers

Understanding the Client Experience

Have you ever wondered why some clients leave or seem dissatisfied when you feel you haven’t done anything wrong?
Practice

ParenteBeard Adds 26 Employees in Recent Acquisition of Invotex

Philadelphia-based CPA and business consulting firm ParenteBeard LLC will open a new office in Baltimore after acquiring specialized consulting business Invotex. As part of the deal, twenty-six Invotex employees, including four partners, will join ParenteBeard, which now has nineteen offices in the United States.
Tax

Bramwell’s Lunch Beat: Mr. Wyden, Tell Us What You Really Think About the US Tax Code

Here are “Bramwell’s Lunch Beat” menu items for February 18.

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