They have oft-cited tax advantages, but the available research raises alarms about fees, interest rates and investing in assets other than cash.
Day: May 22, 2024
AICPA gives Gold Medal Award of Distinction to Kueppers
The AICPA presented Bob Kueppers, CPA, with the 2024 AICPA Gold Medal Award of Distinction, the organization’s highest honor.
IRS extends Free File through 2029
The program with third-party tax vendors will continue for another five years despite the IRS’s recent Direct File pilot test.
CAQ asks PCAOB to delay standards
The Center for Audit Quality wants the Public Company Accounting Oversight Board to postpone sending two of its newly approved standards, on quality control and auditor responsibilities, to the SEC for final approval.
Melancon to retire at year’s end
The long-time head of the AICPA — and one of the foremost leaders of the profession — will step down on Dec. 31
The wisdom of being a lazy CPA
Once you see how much more value you and your managers can deliver to the firm when you’re freed up from doing routine client work, you’ll never want to go back to the old way of doing business.
CEO Melancon, ‘passionate advocate’ for the profession, to retire
AICPA & CIMA leader’s tenure includes the creation of the CGMA designation and creation of the Association of International Certified Professional Accountants.