5+ day, 16+ hour ago   (911+ words) An AICPA survey conducted in 2020 found that 26% of single owners and sole practitioners were planning to retire within the next five years. Today those partners have either hung up their hats and left a critical role to be filled, or…...

1+ week, 2+ day ago   (266+ words) Confronted by a chronic talent shortage, fee compression and ever-increasing workloads, more U.S. accounting firms are turning to offshore talent. In earlier columns I've talked about the payoff from offshoring when it's done patiently and correctly. But there are some things…...

1+ week, 3+ day ago   (300+ words) "The remote population proved the model works: hiring stayed strong, performance stayed strong, culture stayed strong, for half the company, for years. So instead of continuing to manage the divide, we realized the better path was to build one team…...

2+ week, 4+ day ago   (737+ words) An advisory firm owner told me something a few weeks ago that has been stuck in my mind ever since: "Kyle, most firms are aircraft carriers. They're too slow. We're more of a pirate ship." He was joking, mostly. It…...

3+ week, 3+ day ago   (282+ words) Notice 2026-50, which the IRS and the Treasury issued last week, provides interim guidance, pending the issuance of regulations, relating to the credit for carbon oxide sequestration under Section 45Q of the Internal Revenue Code to reflect the Environmental Protection Agency's proposed…...

3+ week, 6+ day ago   (333+ words) The Treasury Department issued a notice of proposed rulemaking Monday on implementing a section of the GENIUS Act, a law passed last year that sets up a regulatory framework for stablecoins, a form of digital assets pegged to a fiat…...