Moody’s predicts CECL will have limited impact on big banks

The new credit losses accounting standard is not expected to have a major impact on the loan loss reserves of most large publicly listed U.S. banks, according to Moody’s Investors Service.

Moody’s predicts CECL will have limited impact on big banks


Whistleblower protections for accountants and tax professionals bolstered by new law

The Taxpayer First Act protects a broad range of disclosures about potential violations of IRS rules or tax fraud.

Whistleblower protections for accountants and tax professionals bolstered by new law


Illinois CPA Society honors 2020 'Mary T. Washington' program grads

Twenty-six diverse college students are the most recent class to graduate from the three-day internship preparation course.

Illinois CPA Society honors 2020 'Mary T. Washington' program grads


Audit fees keep rising, thanks to new accounting standards

Average audit fees increased 4.25 percent from 2017 to 2018, according to a new report.

Audit fees keep rising, thanks to new accounting standards


Putting the 'C' in CRM

Customer relationship management is an essential part of an accounting firm’s business, but it often gets overlooked in favor of the good accounting work the firm does for their client.

Putting the 'C' in CRM


Trump tax fight with House put on hold for McGahn ruling

House Democrats’ lawsuit seeking President Donald Trump’s federal tax returns was put on hold as a judge said he’s waiting for a higher court’s ruling in a separate case on whether Congress can make ex-White House counsel Don McGahn testify.

Trump tax fight with House put on hold for McGahn ruling


Trump’s SALT cap fuels a wealth exodus from high-tax states

Some of the hardest evidence yet indicates that the 2017 Republican tax law is pushing money and people from high-tax U.S. states like New York and New Jersey and into low-tax states including Florida.

Trump’s SALT cap fuels a wealth exodus from high-tax states


It's time to help clients eliminate 'minimum credit card' policies

With a little bit of data analysis, accountants can help small businesses develop more profitable approaches.

It's time to help clients eliminate 'minimum credit card' policies


In the blogs: Less than 100 days

Tracking refunds; an extra deadline; the Advocate’s report; and other highlights from our favorite tax bloggers.

In the blogs: Less than 100 days


Citrin Cooperman merges in LGSH

The firm has continued its recent expansion streak in Southern California, snapping up its third firm in the Los Angeles area in recent months.

Citrin Cooperman merges in LGSH