Practice Management

Software partner veteran Terry Petrzelka, now a valued advisor and consultant to vendors and resellers discusses the oft avoided issue of succession planning, how firms should be measuring themselves and what exactly is going on with cloud ERP, or the comparative lack thereof.

Thomson Reuters has debuted Quickfinder Tax & Financial Tools, a set of calculators, worksheets and financial tools for tax and accounting practitioners.

Deutsche Bank AG, BDO Seidman LLP and an ex-BDO Seidman partner were sued over claims they designed a fraudulent tax shelter that caused losses for a former chief operating officer of a Fortune 100 software company.

From my observation there appears to be a major vision problem with CPA firms: no formal strategic plan for growth other than mergers and acquisitions.

Democrats in Congress plan to renew their efforts next week to extend the Emergency Unemployment Compensation program that expired on December 28.

The Internal Revenue Service has returned to offering videos to help taxpayers cope with tax season, while avoiding the spoofs of old TV series like Star Trek and Gilligan’s Island that landed IRS officials in hot water last year.

Check out the digital edition of the January 2014 issue of Accounting Today.

CliftonLarsonAllen has acquired Bankers Advisory Inc., a Belmont, Mass.-based consulting firm that works with mortgage institutions on regulatory compliance and quality control.

The airline industry and one of its prominent allies are gearing up to fight a possible push in the U.S. Congress to tax baggage fees and other air-travel charges as a way to generate additional federal revenue.

H. Ty Warner, the billionaire creator of Beanie Baby plush toys, asked a judge to give him probation, not prison, for evading taxes on secret Swiss accounts that held as much as $107 million.