AT Think

Preparers and their clients often cannot recognize quality differences among service providers, leading to buying decisions based on who proposes the lowest fee or promises the highest tax benefit.

With less than a year before the rev rec changes become permanent, businesses should take immediate action, if they haven’t done so by now.

I hear the comment all the time, “If I do cost segregation, I’ll just give it all back in recapture when I sell.” Allow me to debunk that myth and more.

As organizations gravitate away from highly customized legacy accounting systems and many systems arrive at their end-of-life, there are some best practices firms should follow to embrace the agility of an open platform.

The blockchain gang; buying vs. leasing biz cars; real estate defined for Sec. 199A; and other highlights from our favorite tax bloggers.

Blockchain is one of the hottest topics in the accounting and financial services field, but a substantial amount of uncertainty remains.

At some point in my practice I had to ask a staff person if he would want to specialize in taxes. The first time occurred over 35 years ago when my main tax reviewer left for a position with another firm where he would be “more important than just a tax reviewer.”

Companies need to realize that the challenge ahead is bigger than accounting.

Looking beyond traditional tools to the analysis of unstructured information can help paint a clearer picture of financial fraud and uncover a wealth of evidence that could have gone undetected.

A professional's career values and motivations can help them find their purpose.