In its summary of the peer review program, the American Institute of Certified Public Accountants (AICPA) notes the following: The peer review helps to monitor a CPA firm’s accounting and auditing practice (practice monitoring). The goal of the practice monitoring,...
Improve your bottom line with these tax mitigation strategies. It’s almost time to close the books on another tax year, but it’s also time to be open to the many opportunities designed to alleviate your tax burden. Here are a few to get the ball rolling. While these...
Everyone, no matter their age, should have a will and other estate planning documents. In many situations, the plans are a complete surprise to the heirs and others entrusted with responsibilities. Here is what to advise named parties about before that tragic day....
In recent years, Business Process Outsourcing (BPO) has become an increasingly popular trend for small and mid-sized businesses. BPO essentially means outsourcing certain accounting and administrative tasks to an outside firm, enabling you to focus on what you do best...
Whether you’ll be taxed on your benefits in retirement depends on where you live and what your total income looks like. Millions of older Americans rely on Social Security to pay the bills in retirement. If you expect Social Security to constitute a major...
