Communication has gotten so much more complex as there are so many channels now, it’s difficult to manage smartly with clients. In all the conversations we have every day, they come from a variety of sources, not only people but from different channels. Having all these loose threads running around,
Throughout most parts of the country, homeowners who unloaded their dwellings have reason to celebrate. They have benefitted from surges in housing values, particularly since the onset of the pandemic in early 2020. Surges, though, provide only cold comfort for wannabe sellers who owe more on their mortgages than their
The Sustainability Accounting Standards Board held its final public meeting Wednesday ahead of the consolidation of its parent organization, the Value Reporting Foundation, into the International Sustainability Standards Board by the end of June. During the meeting, members of the SASB Standards Board discussed the remaining projects on their agenda
As cybercriminals ramp up the volume of attacks in the financial services sector, accounting firms are not immune. Below are several key steps your firm can take today to help prevent and stay ahead of the most common cybersecurity threats. Maintain Your Reputation Trust is a core component of the
As a tax preparer, the primary issue to avoid down the road is whether you were “unreasonable” on a day you signed a return. Our emphasis is debatable return positions, but our preparer penalty topic has many aspects, such as failure to furnish a copy, failure to sign, failure
By taking stock of your client’s property’s individual assets, cost segregation speeds up depreciation so they can deduct more from their taxes. Through this article, I’m trying to be the person who alters the trajectory of your client’s whole year so they can expunge some red ink from their balance
As you start thinking about next tax season, consider this: A timely client conversation could change the trajectory of your year and your firm. We’re living in an era of constant change and often, chaos. For most, any chance to bring some structure and rhythm to the day-to-day challenges of
Every June, people around the world celebrate the LGBTQIA+ community and actively recognize the challenges, from the personal to the financial, as well as the discrimination and prejudice they face on a daily basis. AccountingWEB is proud to be an ally of the LGBTQIA+ community, and part of our mission
The Financial Accounting Standards Board is asking its stakeholders to provide feedback on whether it should work on a new standard to account for government grants while building on an existing international standard. FASB issued an invitation to comment document on Monday requesting input from accountants and other constituents on
It’s prime conference season–and for many of us, it’s vacation season, too. As exciting and energizing as it is to attend a professional conference or a new destination, it can also be anxiety-inducing for those of us who run our own firms. Just getting your workload and personal life under
