Inside Views

  • Price Services More Effectively with Value Pricing

    July 15, 2016

    Have you been evaluating firm profitability and how to more effectively price the services you offer? If so, consider changing your pricing method from the standard billable hour to value pricing. Why? Price chases value, and by creating more value, you will be able to “capture more price.”

  • Mitchell Wiggins & Co. recognized with YP Workplace Award for young professionals

    July 15, 2016

    Virginia-based accounting firm Mitchell Wiggins & Company recently announced that they were honored with ChamberRVA’s 9th Annual Icons and YP Workplace Awards. To be eligible, the firm submitted entries for judging by young professionals in the Richmond, Va. region and was ultimately recognized for creating and keeping an inviting work environment that attracts, retains, and develops young professionals.

  • Cadillac Tax: What You Need to Know Now

    July 14, 2016

    The Cadillac tax is a 40 percent excise tax on “high cost” health plans set in place by the Affordable Care Act. However, despite the familiarity tax professionals have with its name, the details surrounding the Cadillac tax can be complicated and confusing.

  • Dixon Hughes Goodman donates nearly 600K lbs. of food during 5th annual 'Count the Cans' campaign

    July 14, 2016

    Dixon Hughes Goodman (DHG) announced on Thursday that their fifth annual Count the Cans campaign saw 593,464 pounds of donated food and more than 1,150 service hours to hunger-relief organizations across 12 states over two weeks. This year's donations bring Dixon Hughes' five-year total to 3,795,814 of food donated

  • BDO Sees Worries over 'Tech Unicorns'

    July 14, 2016

    Investment bankers are concerned there may be big corrections on the way for “tech unicorns,” private companies valued at over $1 billion, according to a new survey by BDO USA.

  • NYU School of Professional Studies announces 2016 Summer Institute in Taxation

    July 14, 2016

    The NYU School of Professional Studies (NYUSPS) announced on Thursday that the University will host its 2016 Summer Institute in Taxation July 18-29, at The Westin New York in Times Square. The two-week Institute will feature national and international tax experts leading in-depth sessions ranging from state and local taxation, partnerships, consolidated returns, trusts and estates, wealth planning, and international taxation.

  • First Time Abate: The 'Get Out of Tax Penalties Free' Card

    July 13, 2016

    Most tax practitioners occasionally find themselves in the position of having to deal with clients who have received penalties for late filing of tax returns or late payment of income taxes.

  • Big Four Protest Proposed IRS Regulations on Tax Treatment of Corporate Debt and Equity

    July 13, 2016

    The Big Four firms have sent a letter to Treasury Secretary Jacob Lew asking for withdrawal of proposed regulations on the tax treatment of corporate debt and equity.

  • 63-year-old starts own accounting practice in UK after returning to school

    July 13, 2016

    Terry Ramm, 63, of Lincoln, UK, recently joined 2000 other students - many of them younger - at accounting-centered online college Ideal Schools in order to begin a second career in the profession, according to a statement from the school.

  • Internal Auditors Expand Their Mission in Financial Services

    July 12, 2016

    The internal audit function needs to transition to operate across the entire risk governance framework at financial services firms, according to a new report from Ernst & Young.