Practice and client management

Trump dividend; tax ballot season; compliance challenges; and other highlights from our favorite tax bloggers.

Just as drone swarms beat ships through independent action, firms that let teams experiment freely 'above the waterline' while keeping standards rigid 'below the waterline' win.

President Trump signed into law a bill extending the federal tax deduction for qualified disaster-related personal casualty losses.

An API solution lets accounting firms provide essential business filing services to clients in all 50 states.

Nick Steiner is planning to build on the firm's Bay Area and Silicon Valley roots, while offering AI consulting for clients.

Before concluding that offshoring doesn't work for CPA firms, would it be worth asking what actually doesn't work in the relationship?

With AI taking on a growing share of routine tasks, accounting firms want more than just productivity from their partners.

Whitman Advisory introduced a Partner & Leadership Transition Coaching Program, a 90-day succession-planning program for departing firm leaders.

Caseware announced upgrades that allow users to bring its AI agents into Microsoft Excel, along with an AI-first evolution of its Client Requests feature.

Most seasoned accounting professionals know what ownership means in day-to-day work at their firms, but putting it into words can be difficult.

Many M&A deals dwindle, bleeding clients and revenue for a lack of strong leadership on the practice level.

A reporting systems with more options may lead to the market becoming less standardized.

A growing share of prospects now ask AI questions like "who is the best CPA firm for a small business near me" and act on the three or four names the model gives them.

Piece by piece, parliamentary hearings into KPMG Australia laid bare the tensions at the heart of the nation's audit industry.

The core issue is not that small firms are fundamentally worth less; it's that they lack access to buyer competition.

A proposed NYSE rule change would let newly listed companies wait five years before establishing an internal audit function.

AI's infamous tendency to occasionally generate false information, also known as "hallucinations," remains untamed by even the world's largest accounting firms.

Accounting firms are currently adopting multiple tools to automate internal processes, streamline client interactions and identify operational bottlenecks.