Practice and client management

Every single person at your firm has an opportunity to change the experience your client is having with your organization.

Tax professionals have been clamoring for more detail and clarity regarding whether (and under what circumstances) corporations and partnerships must file Schedules K-2 and K-3, particularly where they have little or no foreign activity and shareholders or partners.

Chief financial officers should establish the KPIs and targets for the updated priorities and do this hand in hand with their chief executive officer.

New clients and next season's fees; CP504's 'real' meaning; cropping out; and other highlights from our favorite tax bloggers.

CFOs can advise and lead the executive team in determining where to invest for the most benefit to the company.

The goal is to sniff out "dishonest climate accounting and other actions designed to circumvent the need for deep decarbonization."

Many firms require a minimum of 60 hours a week during tax season, forcing humongous overtime. Here are some ways to lessen the burden.

To truly optimize clients' financial lives, advisors and CPAs must come together. By adding an elite wealth management practice, CPAs can see an increase in bottom-line revenue.

As an accounting firm, you have many opportunities throughout the day to build trust with your clients.

Putting the firm logo on clothes, bags, blankets and just about anything else makes a great giveaway that has long-term value.

Financial planning and analysis can be the core of a strong new set of advisory services.

The draft instructions may clear up some confusion, adding a new domestic filing exception.

The review process is an easy way for a firm owner or partner to become aware of an unusual activity for a client, and for the preparer to learn more about that client.

With private equity firms scouting the landscape, should accounting firms chart their own independent course?

The financial controllership function is evolving, but it only seems to be giving corporate controllers more work to do.

Accounting departments struggle to complete tasks and face difficulties keeping everything on track, especially during busy times of the year, due to inefficient tools or empowerment.

The future is coming at us faster and faster, but that doesn't mean we can completely forget the past.

A lucrative deduction for luxury vehicles used at least half the time for business will start tapering come 2023.