CPA Chat

There is a new auditor’s report coming for the 2021 engagements! Here are some highlights: The order of the paragraphs has been rearranged with the report leading with the Opinion. […]

Although virtual training has been around for 25 years, everyone was forced to embrace it within the last 18 months. Most often, polls and chats are the go-to tools for […]

The many millions of dollars in assets currently housed in employee benefit plans is cause enough to expect the most inventive cybercriminals to take their best shot. To add further […]

If your child is fortunate enough to be awarded a scholarship, you may wonder about the tax implications. Fortunately, scholarships (and fellowships) are generally tax free for students at elementary, […]

You and your spouse have decided that the both of you are done with the city life and now want a change of scenery. There is a town in another […]

At one time or another, all businesses will face a brand crisis of some kind, and in an age of pandemics and cyberattacks, it is becoming even more common and […]

If you receive income from a pass-through entity (PTE) such as a partnership, an S Corporation, or a multi-member limited liability company, you could potentially lower your federal personal income […]

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes. Current Rules Under the current fair market value […]

Auditors are required to gain an understanding of the internal control environment at the client (which is not an audit of internal controls) in order to identify and assess the […]