News

Happy employees are productive employees, but simply offering well-being programs won’t get the job done. The key to success? A companywide commitment that delivers real results in the eyes of current and potential employees.

The IRS winds up its annual list of 12 scams and schemes by covering two broad categories: bogus tax-avoidance strategies and schemes with an international element.

Experts discuss the intersection of AI in the financial planning and analysis (FP&A) space and the accountant’s role in translating AI-generated insights into strategic recommendations for their clients.

In today’s competitive business environment, success depends on consistently delivering exceptional service and nurturing employee happiness. Reprint permission from the New Jersey CPA Society.

Discover how CPAs evolve from entry-level positions to industry leaders by embracing distinct roles critical for professional growth. Reprint permission from the New Jersey Society of CPAs.

Here are some tips for showing your appreciation to your staff in the closing days of tax season.

OSCPA, AICPA, and 53 other state CPA societies have asked that all enforcement actions be suspended until one year after the conclusion of all court cases related to NSBA v. Yellen and believes that no retroactive enforcement for non-compliance should happen during this time.

Most CPAs are aware of the sale/use tax implications of the infamous Supreme Court decision in Wayfair almost five years ago. This article will revisit some of the transaction thresholds in multiple states and explore whether these benchmarks for determining sales tax economic nexus will continue prospectively.

Congratulations to Kieran Mako, winner of the UWorld Accounting quarterly CPA Exam Review drawing! Kieran is an aspiring CPA currently pursuing a B.S. in Accounting from George Fox University. Outside of academics, Kieran loves music, coffee, quality time with friends and family, and the Pacific Northwest.

There are few more daunting times at work than when you have to manage for the first time. How do you make the leap?

This week we look at: Tax Court reverses position on validity of a regulation it had upheld four years ago; US Supreme Court hears oral arguments in case involving estate tax value of a corporation that received life insurance to redeem the majority shareholder’s estate; IRS Criminal Investigation Divisions announces update on COVID relief related investigations and convictions

One of the major challenges in our field is retaining women after they take on another demanding role: becoming a mother.

Experts share what young accountants should look for in a firm and how to approach their careers.

Cultivating a diverse and inclusive workplace requires commitment. Is your organization up to the challenge?

Over the past decade we have seen a more broad-based, and more inclusive economy than we have historically. Today’s racial poverty gap is the lowest on record, and household income growth has generally been faster among Black, Indigenous, and People of Color (BIPOC) in Oregon. Reprint permission from the Oregon Office of Economic Analysis. Article by Josh Lehner.

Join us in celebrating Jennifer Gragg, a rockstar mother and newly licensed CPA at CliftonLarsonAllen! As a rising professional, Jennifer is exhilarated by the endless puzzles of accounting. However, navigating the complexities of work-life balance as a woman in accounting can be tiresome.

This week we look at: As ERC voluntary compliance program ended, IRS release discusses agency’s plans going forward; Senate Finance Chair Wyden indicates there be a cloture vote in the Senate on House passed tax bill; IRS issues proposed regulations to make SPA CRAT arrangements listed transactions; IRS asks Supreme Court to overturn Culp decision

The artificial intelligence (“AI”) solutions such as OpenAI’s ChatGPT continue to gain popularity. Many CPA firms seek to leverage the use of generative AI to accelerate innovation and increase productivity.

Seth Fineberg shares the three areas that accounting needs to address to make the profession more attractive to young talent.

This week we look at: FinCEN gives formal notice of appeal of CTA BOI case; Deadline rapidly approaching for entering first ERC voluntary disclosure program; Arizona lawmakers write the IRS about tax status of 2023 state rebates; Court of Appeals finds it is barred from hearing appeal of Tax Court dismissal of small case