AT Think

As Wednesday marks the beginning of June and the summer vacation season, many professionals are gearing up for a long-needed break. However, a recent Accountemps survey found that approximately 33 percent of professionals feel they don't have enough vacation time to use.

The so-called “sharing economy” isn’t doing such a good job of disseminating the necessary tax information with its participants.

Crowe Horwath, the top 10 accounting, technology, and consulting firm in the US, announced this week a redesign of its internal performance review system, eliminating the likes of annual evaluations and traditional ratings of individuals' work. Their new system, titled “Measuring What Matters,” will debut June 1.

Figuring out how to pay taxes on gambling wins can be difficult for many tax clients, not to mention how to account for the losses.

New England firm BlumShapiro announced on Thursday that 20 of their professionals will once again volunteer as teachers for Junior Achievement’s JA In A Day program at Webster Hill Elementary School in West Hartford, Conn.

LBMC, a Top 100 Firm based in the Southeast, has been named one of 2016’s 25 Best Places to Work for Recent Grads by Symplicity, an online career services solutions resource. The top 25 businesses across the country, including national giants such as Allstate, Honda, Nestle, and Walmart, were chosen on factors such as work/life balance, benefits, company culture, mentorship and Glassdoor.com ratings.

Armanino, the largest independent accounting and business consulting firm in California, announced on Wednesday that its eighth annual Great Give will take place on Thursday, May 26. The yearly community service event sees the whole firm volunteer with nonprofits for a full day of philanthropic efforts that serve Armanino's communities.

Ultimately, innovation is a long-term strategy, needs a long-term focus, and so someone needs to officially take the reins for you to achieve success. Ultimately as our profession continues to evolve, innovation is less and less an option -- and more and more a requirement for success to keep our firms viable and achieving their full potential.

Summer isn’t too far away, and many parents are wondering if they can afford to send their kids away to summer camp this year. The ability to take a tax deduction for such expenses could make all the difference.

College Choice, an online resource ranking various college programs and institutions, recently released their 2016 ranking for the best bachelor's degree programs in accounting. The University of Minnesota and their Carlson School of Management placed first among a slew of other big-name institutions.