3 Ways You Can Boost Cybersecurity in Your Tax Practice

By Michael Law No practitioner wants to discover that their client’s data has been compromised. Besides caring about the well-being of your client, you may also be found at fault and liable for the breach, which would put you and your reputation in a pretty bad position. Unfortunately, ensuring cybersecurity is a difficult task, and […]

Read More

The Most Outrageous Tax Deductions of 2017

There are a number of reasons taxpayers hire professionals to prepare their returns—and one of the best is to prevent them from trying to claim truly ridiculous things in their filings. With that in mind, the Minnesota Society of CPAs surveys its members every year to find out the strangest tax deductions their clients have […]

Read More

CEO Conversations: Firm Culture

“The partners, in particular, are talking about ways to adapt the culture so that they can not only recruit, but more importantly, retain their new employees…I don’t believe it’s all talk and no action. I’m actually seeing change.” -Sharon Bryson, M.Ed., NCACPA CEO Firm culture is a regularly discussed topic during NCACPA CEO Sharon Bryson’s […]

Read More

Unemployment Relief for Those Affected by Hurricane Florence

Posted by CAI on 9/19/18 The Division of Employment Security (DES) announced on Monday, September 17, 2018 that eight counties in North Carolina have been approved for Disaster Unemployment Assistance (DUA) due to the effects of Hurricane Florence.  They are as follows:  Beaufort County, Brunswick County, Carteret County, Craven County, New Hanover County, Onslow County, Pamlico […]

Read More

IRS Extends Upcoming Deadlines in Response to Hurricane Florence

IR-2018-187, Sept. 15, 2018 WASHINGTON — Hurricane Florence victims in parts of North Carolina and elsewhere have until Jan. 31, 2019, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced today. The IRS is offering this relief to any area designated by the Federal Emergency Management […]

Read More

Hurricane Florence Disaster Recovery Resources

As we anticipate potentially devastating impact for many of our members from Hurricane Florence, the Association would like to make our members aware of preliminary resources and updates. The AICPA Benevolent Fund, available for voting members of the AICPA, was created in 1933 to help members who find themselves needing temporary financial aid. As a […]

Read More

IRS Action After FEMA Disaster Declarations

The Association received a message from the AICPA this morning that their Tax Advocacy team reached out earlier in the week to the IRS on behalf of practitioners and taxpayers. Their request was the IRS act as quickly as possible regarding any changes to the Sept. 15 filing deadlines, depending on the scope of Hurricane […]

Read More