AT Think

The head of the Small Business Administration has added her voice to the drive for repeal of the expanded 1099 information reporting requirements in the health care reform bill.

CPAs are used to thinking about and planning for audits, but how many have considered the effect of not being able to produce that data? If you lost client information due to data corruption or a disaster, what would be the result to your practice?

A group has sent a nearly 1,400-page filing to the Internal Revenue Service demanding that it “retroactively revoke” the American Israel Public Affairs Committee’s tax-exempt status.

Ask a young person when the last time he or she actually went to his bank and credit union and chances are the answer is they’ve never been to it and really don’t care about where it is – at least according to research by Rob Rubin.

The FBI has raided the offices of three hedge funds as the Justice Department begins a wide-ranging crackdown on patterns of insider trading in the financial industry.

IMGCAP(1)] It’s an accepted fact of life that we’re all very busy, especially a working professional who wants to succeed. But what exactly are you busy doing? I don’t mean what specifically are you doing, I’m sure you could answer that. What I really wonder is, have you taken the time to define where you’re headed, what you’re hoping to accomplish? Are you doing those things that will help you get there? I’d like to share a story with you about a group of accountants who answered these two questions, and the results they experienced.

The trend toward energy efficient building construction is saving on not only energy costs, but also on taxes for building owners and developers.

CPAs should be moving more aggressively into offering financial planning services, according to a series of speakers at the Accounting Today Growth & Profitability Summit.

IMGCAP(1)] According to Aristotle, “We are what we repeatedly do. Excellence, then, is not an act, but a habit.” Aristotle was not an accountant, but he was a very smart man. As an early philosopher, it is fair to say that he was a trusted advisor. Furthermore, Aristotle was not a marketer, but he clearly understood branding.

Even in a tight economy, CPAs, accountants and bookkeepers are in high-demand.