Whether you're a sole practitioner or run a large tax firm, the AICPA's "Tax Practitioner's Marketing Toolkit" is filled with client letters and surveys, presentations, brochures, and more! Show your clients that you're a tax pro - download your resources today. (Note: You must be an AICPA member to download the toolkit.
 
Working group considers changes to CPA licensing requirements
A working group is exploring possible changes to the CPA licensure requirements that would incorporate the skills and competencies in areas such as technology and data analytics that increasingly are needed in practice and business.
AICPA Survey: Americans Favor Workplace Benefits 4 to 1 over Extra Salary
When it comes to finding the perfect job, a newly published American Institute of CPAs (AICPA) survey of 2,026 U.S. adults, among whom 1,115 were employed, suggests it’s about a lot more than the money. And with three in ten employed adults (29...
New tax law allows small businesses to expense more, expands bonus depreciation
The Internal Revenue Service today reminded small business taxpayers that changes to the tax law mean they can immediately expense more of the cost of certain business property. Many are now able to write off most depreciable assets in the year...
Keep your inbox from running your workday
Before you hit reply, read this: A recent survey found that knowledge workers spend an average of 17 hours each week sending and answering business emails. And all that email is taking a toll.
Over Half Of Tech Leaders Don't Want Staff To Shop Online At Work, But 64 Percent Of Employees Plan On "Workshopping" This Holiday Season
"Workshoppers" — employees who shop online from the office using corporate devices — are rampant in the office, new research shows. According to a survey by staffing firm Robert Half Technology, nearly two-thirds of professionals said they plan...
4 key concerns keeping directors up at night
Over the long term, four key concerns keep public company directors worldwide under constant pressure to adapt, evolve, and innovate: cybersecurity, corporate culture, and the makeup and refreshment of the board, as suggested by two surveys...
ACA enrollment begins as voters say health care is top concern
The sixth open enrollment period for the Affordable Care Act begins Thursday, as the future of the health care law, and its protections for pre-existing conditions, has emerged as a top concern for voters across the nation in the midterm...
Do You Have the Skills to Benefit From the TCJA?
The Tax Cuts and Jobs Act (TCJA) may represent the biggest current growth opportunity for your firm, but it’s going to take some hard work on your part to reap the rewards. Notably, you’re going to have to educate yourself about the new law,...
Finance Leaders Look To Consultants For Specialized Skills And Expertise
Consultants play a key role in the labor model for the digital age. A new Robert Half Management Resources survey reveals 50 percent of CFOs plan to bring in these professionals for business systems and performance improvement initiatives over...
Employers And Workers Not In Sync On Popular Office Perks
Companies today use extras to attract and retain top talent, but are they offering the perks employees want most? According to research from global staffing firm Robert Half, flexible work schedules, a compressed workweek and the ability to...

More >

    Connecticut CPA magazine feature
Women in CPA Firm Leadership

By Joseph A. Tarasco, Chief Executive Officer and Nancy A. Damato, President, Accountants Advisory Group, LLC 

Today, women represent more than 50 percent of accounting graduates and female leaders in public accounting are much more prevalent than 20 years ago, but women still only represent approximately 20 percent of partners in the nation.

Read more>>>
 


 
 

Pre-Merger Employee Integration and Retention

By Paul N. Iannone, JD, CPA, MST, Founder, Tax Career Advisor LLC and author, “Extraordinary Tax Career.”

A merger of firms can be fraught with employee disruption and anxiety. The business of employee retention and integration should really begin during the merger talks. Dealing with this important issue only during the post-merger period ignores the reality that firm culture comprises both “leadership culture” and “employee culture.” Anticipating the employee’s vision and perceived alignment of values and mission of the combined firms is a critical ingredient that should play a significant role in merger negotiations.  

Read more>>>
 

    Connecticut CPA magazine feature
Is Your Organization NextGen-friendly?
What you need to know to engage tomorrow’s leaders today

By Brianna Johnson

It’s an employees’ market and young CPAs have options. Whether they wish to work in public accounting, industry, government, educational institutions, or start their own firms, opportunities abound. Because young CPAs are in high demand, firm and organization leaders must identify areas where their strategy, processes, and culture are not “NextGen-friendly,” and take steps to make their organizations more attractive to young CPAs.

Read more>>>
 
 

Defending Against a Succession Planning Crisis

By Joe Tarasco, Accountants Advisory Group, LLC

A succession crisis is occurring at public accounting firms across the country, driven by the vast numbers of Baby Boomer partners who will be retiring in droves over the next 10 years. Many CPA firms wish to remain independent, but few of them have completed and implemented formal plans to ensure their legacy.

Read more>>>
 

    Connecticut CPA magazine feature
Making Work Work for the 21st Century: Exploring the Benefits of Workflex

By Cassidy J. Solis, Workplace Flexibility Program Specialist, Society for Human Resource Management

The 21st century workplace requires policies and practices that are responsive to employee needs and enable them to have more control over how they accomplish their work and responsibilities. That’s why top employers are making effective and flexible work – or “workflex” – a fundamental part of their strategy to attract and retain the best talent.

Read more>>>

     
    How the Baby Boomer Retirement Wave is Creating Opportunities and Challenges for Everyone in the Accounting World

By Carl R. Johnson, CPA, President, CRJ Consulting

This aging of the baby boomers is creating a unique period of time for CPA firms in the United States, New England, and right here in Connecticut. For the next decade or so, there will be excellent opportunities for future employees, present employees, and firm owners – but those opportunities also come with major challenges for those same three groups.

Read more>>>

 

How to Make the Most of a Multigenerational Workforce 

By Deanna Arteaga, AccountingWEB

Today’s workforce is decidedly multigenerational: If you walk into any office or firm, on any given day, you’ll find baby boomers on the cusp of retirement working side-by-side with Generation Xers staking out new leadership roles and millennials eager to make their mark. 

Read more>>>
 

 

Ten Tips to Get the Most Out of Your Firm Planning Retreat

By Gary Adamson, CPA, Adamson Advisory

Another tax season is over and many CPA firms are turning their attention to scheduling their annual planning retreat. If you're not one of them then I encourage you to become one; planning retreats are a critical part of firm management and strategy.

Read more>>>
 

 

Strategic Planning in Your Firm – It Lives or Dies With Implementation

By Gary Adamson, CPA, Adamson Advisory

As we wrap up another tax season it’s time to think about strategic planning for our firms. Most CPAs are pretty effective and accomplished in the planning process. We invest the time and money in a retreat, we focus on the future, get lots of ideas on the table, agree on objectives and goals for the next year, commit to an action plan and sincerely want to move the firm forward. But what happens to all of the good intentions after we leave the retreat?

Read more>>>
 

 

Predictions for 2017 and Beyond

By Joe Tarasco, Accountants Advisory Group, LLC

The firms that will take full advantage of the huge opportunities for the accounting profession in 2017 and beyond will be those that attract and retain the best staff, offer more formal advisory and solutions-oriented services, and control their direct labor costs through process improvements and financial management of engagements.

Read more>>>
 

   

What You Need to Know as Gen Z Enters the Workforce

By Ken Tysiac, Journal of Accountancy

Members of the new generation entering the workforce are fiercely independent, extremely competitive, and motivated by a fear of missing out on things, according to generational expert David Stillman.

Born from 1995 to 2012, the first members of Generation Z—who succeed the Millennials—are graduating from college.

Read more>>>
 

  Connecticut CPA magazine feature
College Funding Advice: Should it Be Part of Your Practice?

By John F. Pearson, CPA, CASL, Barnum Financial Group

The average CPA in public practice in Connecticut is in his or her 50s. This means that, for most of us, paying for college for our kids is a present (or recent) reality – one that most of us would likely just as soon forget.  You’ve got a lot of clients who feel the same way.

Read more>>>