Partnerships

Getting partners to transition toward retirement as they approach the firm’s retirement age is a problem facing many CPA firms, and its implications are far-reaching.

The Trump administration’s proposal to slash the tax rate on partnerships and limited liability companies could set off a stampede of individual taxpayers trying to reclassify themselves as so-called pass-through businesses in order to take advantage of the savings, according to tax experts.

U.S. deputy chairman and COO P. Scott Ozanus will head the region, and join the global board.

Strategic decisions should be considered that make it important to understand the regulations and their impact.

CPA firms have been thrust into a new and different complex business dynamic that requires them to think out of the box and respond.

What would really change the way the partners at your firm interact with clients?

Why do so many firms fail to get to the next level? Arguably the principal reason is the lack of a quality partner group.

Getting accountants to adapt to new situations is one of the major challenges facing firms, but while it can sometimes seem like herding cats, that doesn’t mean it’s impossible. In this conversation, ConvergenceCoaching co-founder and consultant Jennifer Wilson offers valuable advice and strategies on driving change acceptance.

New members are named to the Public Company Accounting Oversight Board's SAG, and other personnel news from around the profession.

The Top 100 Firm has chosen Kerry Roe to take the reins in July 2017, succeeding Carl Coburn.

The Ohio-based Regional Leader has combined with Georgia firm GrossDukeNelson & Co.

Co-managing partners Berk and Greenberg to run day-to-day operations; Carr, Riggs & Ingram names a slate of new partners; plus a roundup of other recent hires, promotions and other personnel news.

The Top 10 accounting firm funds program at Lynn Pippenger School of Accountancy; the Bonadio Group announces unlimited paid time off; plus a roundup of other news from firms across the country.

Many real estate and venture capital partnerships and LLCs have investors that need their K-1 tax statements to file their individual returns. Depending upon the way they are managed, some never have their books up to date and ready for tax filing until late in the summer, while others are maintained monthly and are closed and ready for tax preparation the end of January or beginning of February.