The Ten Commandments of an IRS Audit

By Jim Buttonow Behold, the IRS audit. They are rare these days. Only one out of every 184 taxpayers experienced an IRS audit in 2017, and less than a quarter of these audits are conducted in person by the IRS. For many, navigating an IRS audit looks as simple as parting the Red Sea. Fortunately, […]

Read More

Responding to Pressure to Provide CPA-to-Lender ‘Comfort’ Letters

By Suzanne M. Holl, CPA CPAs at times come under fire from banks and other lenders pressuring them to provide assurances regarding their clients’ financial strength. Many CPAs have shared their frustrations and concerns with CAMICO regarding veiled threats from aggressive brokers and lenders alleging that their clients will not qualify for a loan without […]

Read More

The Negative Impact of an Outdated Firm Website

By Hugh Duffy If you’re like most people, once your firm’s website was in place, you went about your business without giving it another thought outside of telling prospective clients to “check out our site.” That’s fine for a while, but the exponential rate of technological change means that over time, if left unattended, your […]

Read More

EY Expands Neurodiversity Program

By Sean McCabe As April marks Autism Awareness Month, Big Four firm Ernst & Young has announced expansions to its neurodiversity program with a newly-opened Neurodiversity Center of Excellence in its Chicago office. Earlier this year, the Center of Excellence hired 11 neurodiverse candidates, with 10 of these candidates relocating to Chicago — the highest relocation rate […]

Read More

Your Stress Isn’t Just Affecting You; It’s Hurting Business

By Lauren Baptiste Did you know that the effect of one mild-to-moderately stressful event can last hours in the body? What if you added to that by the barrage of demanding emails, last-minute deadlines, family obligations, and a never-ending list of errands? As you can see here, when combined with other demands, that one stressor can […]

Read More

Ideas You Won’t Find on the Web

By Randy Johnston How do you stay on top of your professional game? Reading daily email news summaries? Professional journals? Peers in the office? Conferences and other CPE education? While each of these activities can provide insight, there is no place that summarizes computer technology better than your own state’s technology conference. The independent advice, […]

Read More

Six Tips for Starting an Advisory Practice

In order to stand out in a crowded profession, many financial professionals are leveraging the escalating trend toward advisory services. The ability to offer specialized knowledge allows you to differentiate yourself from competitors and position yourself more favorably within the marketplace. One of the best ways for you to demonstrate your knowledge and expertise in […]

Read More