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November 8, 2013

Deloitte Tax CEO Carl Allegretti Sees Importance of ‘Work/Life Fit’

Carl Allegretti, U.S. CEO and chairman of Deloitte Tax LLP, the vast tax practice at Deloitte LLP, has personal experience with the importance of finding time for family in the midst of a busy work schedule.

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Posted by Michael Cohn at 05:04PM | Comments (0)

November 5, 2013

ACFE Offers Tips on Fraud Awareness

Organizations lose an estimated 5 percent of their annual revenues to fraud, and the Association of Certified Fraud Examiners is offering some basic tips to help any organization prevent and detect fraud, in conjunction with International Fraud Awareness Week this week, which ACFE is helping support.

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Posted by Michael Cohn at 04:03PM | Comments (0)

November 4, 2013

PwC Sees Problems with Anti-Money Laundering Programs

A new report by PricewaterhouseCoopers identifies some of the pitfalls in the anti-money laundering programs that financial institutions have put in place to address the ever tougher requirements in the U.S. and other parts of the world to stem the tide of illegal sources of cash.

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Posted by Michael Cohn at 06:15PM | Comments (0)

October 31, 2013

A Halloween Tax Return from Beyond the Grave

As a tax practitioner, you have probably dealt with decedent tax returns before, but you’ve probably never processed a Form 1040 R.I.P.

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Posted by Michael Cohn at 06:21PM | Comments (1)

October 30, 2013

Former Napster CEO Sees Potential in Crowdfunding

Hank Barry, the former CEO of the early music-sharing service Napster, is encouraged by the Securities and Exchange Commission’s proposed rules for crowdfunding as they set the stage for this nascent form of investment.

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Posted by Michael Cohn at 05:39PM | Comments (1)

October 22, 2013

How Accounting Firms are Like Rock Bands

Is your accounting firm more like a famous rock band or a garage band? Angie Grissom and Scott Bradbary of The Rainmaker Companies gave an entertaining keynote speech at Accounting Today’s Growth & Profitability Summit on Monday comparing how many accounting firms can effectively act like rock bands.

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Posted by Michael Cohn at 07:07AM | Comments (2)

October 18, 2013

Jackson Hewitt Unconcerned about Health Insurance Exchange Glitches

Jackson Hewitt is gearing up this tax season to offer its tax customers help with signing up for the Obamacare health insurance marketplaces, despite the technical problems that have plagued the new exchanges since they launched at the beginning of this month.

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Posted by Michael Cohn at 07:53AM | Comments (0)

October 16, 2013

Tax Planning after the Tax Extension

Now that the October 15 filing deadline is out of the way for all those many taxpayers who had to file an extension due to the delayed tax season, there are a number of tax planning options for next year.

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Posted by Michael Cohn at 07:59AM | Comments (0)

October 11, 2013

IFP Offers Financial Planning Help for CPAs

Paul Saganey has been partnering with CPA firms on building their financial planning practices.

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Posted by Michael Cohn at 07:29AM | Comments (0)

September 26, 2013

Between Big GAAP and Little GAAP, There are Many Gaps

The Financial Accounting Standards Board hopes to reduce some of the complexity of its standards by leveraging the work of its sister organization, the Private Company Council, which has been working to adjust the accounting rules for the scaled-back needs of smaller businesses.

Continue reading "Between Big GAAP and Little GAAP, There are Many Gaps"

Posted by Michael Cohn at 07:40AM | Comments (0)


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