This article explains that cost segregation analysis is the division of goods based on real property and immobile objects. Cost segregation analysis explains how a property’s distinct components depreciate differently…
This article dives into the recent proposal from the Oval Office that would require house hoses to pay taxes on unrealized capital assets such as bonds, privately held companies, and…
This summary is directly from the Journal of Accountancy and should be reviewed by CPAs working in auditing. “New AICPA Technical Questions and Answers (TQAs) issued Tuesday provide nonauthoritative guidance…
This article discusses how the coronavirus pandemic highlighted a change in customer demands and needs for their external and internal legal teams. For example, simply responding to a potential client…
This article dives into the many topics that have been caused by the coronavirus pandemic within the accounting industry. For example, burnout, remote hiring challenges, and downsizing of office space…
This article discusses how managing growth within an accounting firm can be overwhelming and challenging at times. For example, delegating work, maintaining a high quality, and driving productivity across your…
This article explains that most accounting firm professionals are now working remotely, enabling them to research ideas that help their profession. Six accounting professionals have given their insight on a…
This article discusses how recent surveys showed that the number of certified public accountants is decreasing every year. However, these surveys also showed that the average salary is expected to…
This article discusses how the consulting industry is projected to continue its strong growth in 2022 after a steep decline in 2020 due to the pandemic. However, in order to…
This article discusses how the research and development tax credit is an incentive from the federal government that is meant to incentivize innovation, design, and manufacturing. A tax credit is…
