Firms on the move: BlumShapiro opens doors to Career Walk

CalCPA debuts new headquarters; Bloomberg BNA announces recipients for outstanding authorship in taxation; and more company news.


People on the move: Postlethwaite & Netterville selects next CEO

Sikich hires CFO; Rea & Associates principal retires; and other recent hires, promotions and personnel news from firms across the country.


Can’t someone else do it?

A firm’s staff-to-partner ratio says a lot about how well they’re delegating.


The biggest issues of 2017 for tax pros

Practitioner groups are taking their members’ concerns to Washington.


Court rules against Wells Fargo on STARS tax shelter case

A federal court in Minneapolis has found Wells Fargo liable for a 20 percent negligence penalty for participating in a tax shelter sold by Barclays Bank that generated $350 million in foreign tax credits.


TIGTA keeping an eye on IRS private debt collectors

The Treasury Inspector General for Tax Administration has concerns about the Internal Revenue Service’s recently revived private debt collection program in light of the ongoing problem of scammers pretending to be IRS employees calling taxpayers to demand bogus tax debts be paid immediately.


AICPA issues new guidance on attestation engagements

The American Institute of CPAs’ Auditing Standards Board has released a new interpretation for practitioners performing attestations using more than one set of standards.


Postlethwaite & Netterville plans CEO transition

Postlethwaite & Netterville, a firm based in Baton Rouge, La., has selected one of its directors, Dan Gardiner, as its next CEO and managing director in May 2018, succeeding the current CEO, Bill Balhoff.


Trump's first budget would restrict eligibility for EITC and CTC

President Trump’s budget would aim to cut approximately $3.6 trillion in government spending over the next decade, some of which would be attributable to eligibility changes relating to the Earned Income Tax Credit and the Child Tax Credit, and some of which would result from specific actions undertaken by the IRS to reduce improper payments made by the government.


Texas passes insurance services tax exemption for CPAs

The Texas legislature has passed a bill granting an exemption to CPA firms allowing them to provide a limited amount of insurance services to clients without being subject to sales taxes.