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Generational Viewpoints: Clients in succession

This edition of Generational Viewpoints features two professionals from Andrea & Orendorff, a 35-person firm based in Kenosha, Wisconsin. We asked baby boomer partner Kathy Andrea, born in 1955, and millennial partner Ryan Goerres, born in 1988, to share their perspectives on the following question: “How do you realign your

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Crypto crater prompts new tax headaches

The plunging value of many cryptocurrencies and nonfungible tokens has led to worries about the tax implications faced by crypto investors and companies. Of particular concern are recent requirements from the 2021 infrastructure bill pertaining to crypto. The bipartisan infrastructure law passed by Congress last November requires crypto brokers to

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Art of Accounting: Scarcity of Black accountants

Last week I read that a Black accountant was appointed as managing partner of a Top 50 CPA firm, and another was chosen as chairperson of the AICPA Private Companies Practice Section executive committee. At that same time, I read a firm’s announcement of a new group of summer interns

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Kepczyk: AI’s effectiveness will depend on what we teach it

Roman Kepczyk, director of firm technology strategy for Right Networks, is very excited about the new ways businesses are leveraging bots and other tools typically associated with artificial intelligence, but with the caveat that these programs are only as smart as the people who make them.  Today, even small businesses

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7 powerful ways your website can attract top talent

The competition to attract top talent for accounting firms is fierce. With fewer people going into financial service industries — and the Great Resignation showing no signs of slowing down — accounting firms must use all available resources to attract top candidates. In response, senior executives are asking their marketing

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On the move: Baker Tilly names new brand ambassador

Baker Tilly has named golfer Cameron Smith its new brand ambassador; RSM launched its Family Office Institute; a new Examinations director at the Securities and Exchange Commission; and other firm and personnel news from across the accounting profession.

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Growth and DEI are intertwined

The Great Resignation, COVID-19 pandemic and economic uncertainty are transforming the marketplace and forcing companies to continue to adapt. Among these changes is the shifting relationship between employers and employees, who are now expecting much more when it comes to flexibility, career pathing, total rewards, and corporate culture. Adding to

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Tax Fraud Blotter: Win, place and jail

End of some long roads; just can’t quit; what a pain; and other highlights of recent tax cases. Houston: Exec Alejandro Joael Colbert has pleaded guilty to failing to account for and to pay over withholdings of federal income and FICA taxes from the wages of his employees. Colbert was

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Finance leaders preparing for tax changes

A group of finance leaders are coping with a steady stream of economic disruptions this year and they’re planning ahead for tax hikes and more. Potential U.S. and international tax legislation is having an impact on nearly every organization surveyed, with 87% of the 257 finance decision-makers polled in the

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IRS raids alliantgroup offices

Agents with the Internal Revenue Service’s Criminal Investigation division raided the Houston headquarters of tax consulting firm alliantgroup, seizing computer servers Friday and prompting the firm to give employees the day off Monday until they were able to return Tuesday morning. The nature of the investigation is unknown, but is

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