Firm Management
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An Increase in Customer Theft is Increasing Restaurant Prices
IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
The CPA Shortage Compels Accounting Firms to Embrace Digital Transformation
In 2021, there was a 17 percent drop in employed accountants and auditors from a 2019 peak, according to a Bloomberg Tax analysis.
PwC Survey Shows Business Leaders Overestimate Preparedness for Disruption
The top five reported disruptions include: the global Covid-19 pandemic, employee retention and recruitment, supply chain, technology disruption or failure, and cyber attack.
Professionals on the Move – April 2023
Professionals on the Move is a round-up of recent promotions and hiring announcements in and around the accounting profession.
Illinois CPA Society President and CEO Receives Special Achievement Award
Geoffrey Brown, CAE, received this award in recognition of his exceptional achievements while serving as NAPFA’s CEO, a position he held for nine years before joining ICPAS in late 2022.
The Technology Lab Podcast – Review of Zoho Data Prep – April 2023
Technologists Randy Johnston and Brian Tankersley, CPA, CITP, CGMA review Zoho DataPrep, an augmented self-service data preparation tool.
4-Day Workweek Gains Lawmaker Support in Some States
In the past three years, at least six states — California, Hawaii, Maryland, New York, Pennsylvania and Washington — have considered bills to mandate, incentivize or allow the switch to a four-day week.
AICPA Sends Recommendations for Clarification and Expansion of Certain Provisions of Rev Proc. 2022-19
“Revenue Procedure 2022-19 provided much needed guidance and relief for S corporations which inadvertently terminate their S election,” said Jon Williamson, Senior Manager – AICPA.
AICPA Expresses Support for Bipartisan Supply Chain Disruptions Relief Act
In a letter to members of the U.S. Senate and the U.S. House of Representatives, the American Institute of CPAs (AICPA) expressed its strong support for the Supply Chain Disruptions Relief Act.