Building an exit ramp

No one likes to contemplate their own mortality, but John Napolitano of U.S. Wealth Management makes it clear why accountants need to get their business-owner clients thinking about exit planning.

Building an exit ramp


Art of Accounting: Overloaded with tax work, underloaded with staff

A firm found itself shorthanded during tax season when two of its most experienced tax return reviewers left. What should they do?

Art of Accounting: Overloaded with tax work, underloaded with staff


3 pillars of an end-of-pandemic strategy

The vaccine rollout may not be happening as fast as we’d like, but an end to the worst of the pandemic is on the horizon. Is your firm ready for it?

3 pillars of an end-of-pandemic strategy


White House will give small firms two-week exclusive PPP access

The Biden administration will give exclusive access to the Paycheck Protection Program to the nation’s smallest businesses for two weeks as part of a broader effort to steer federal aid to the most vulnerable parts of the economy.

White House will give small firms two-week exclusive PPP access


Biden’s economic legacy at stake as next package takes shape

Progressives are eyeing tax measures including an increase in the capital-gains levy.

Biden’s economic legacy at stake as next package takes shape


What does it mean to be a ‘highly automated’ firm?

Automation isn’t just about improving your business processes — it’s also a key way to better serve your clients.

What does it mean to be a ‘highly automated’ firm?


Tax season off to a slow start, lawmakers complain to IRS

Leaders of the tax-writing House Ways and Means Committee are sounding the alarm over the slow start to tax season, reflected in the initial week of data from the IRS.

Tax season off to a slow start, lawmakers complain to IRS


Lawmakers look to offer tax relief to beauty salons

Two members of Congress teamed up Friday to introduce a bipartisan bill that would offer tax credits for income from tips to beauty salon owners and workers.

Lawmakers look to offer tax relief to beauty salons


FASB OKs goodwill alternative for private cos., nonprofits

The Financial Accounting Standards Board approved a tweak to the goodwill rules for private businesses and not-for-profits, giving them more flexibility on when to do impairment assessments of triggering events.

FASB OKs goodwill alternative for private cos., nonprofits


Cryptocurrency investors turn to opportunity zones for tax relief and social good

You can provide a bit (coin) of good news for clients with outsize short-term gains from alternative assets.

Cryptocurrency investors turn to opportunity zones for tax relief and social good