Are You Earning What You Deserve?

young woman seated at laptop counting money

Plus some predictions about where the job market is headed.

By CPA Trendlines Research

Here’s a statistic you can probably sympathize with. According to new salary data, 99 percent of finance professionals report experiencing some level of burnout in the past year.

RESEARCH: Partners: Your Middle Managers Are Getting Burnout

MORE: The Slow, Painful Death of the 150-Hour Rule | Partner Comp Earnings Gap: What’s the Right Spread? | Main Street Accountants See Turbulence Ahead for Small Business | Partners: Your Middle Managers Are Getting Squeezed | Gear Up For Growth |
GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

 

Unless you’re in that other 1 percent, you know how it feels. And who could blame you for feeling that feeling and then looking at your paycheck?

READ MORE →

The New Pipeline: Outsourcing and Offshoring

businessman's hand pointing to icons, one of which is labeled "outsourcing"

Firms still are working out their options and business models.

By CPA Trendlines Research

The 2024 Rosenberg National Survey of CPA Firm Statistics has found something that everybody knew. It has also found that there’s more of it than anybody knew.

And that there’s more coming.

MORE: Is This the Last Year of Accounting’s Golden Age?
GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

 

This swelling tsunami sweeping over the accounting industry is the use of outsourced staff, outsourced tax returns, and the ultimate in remote work, offshoring assignments and functions to foreign lands.
READ MORE →

Is the IRS Adequately Tracking Corporate Tax Evasion?

The Inspector General smells something fishy.

By CPA Trendlines Research

Believe it not, there are large American corporations that establish a pseudo-presence in other countries for the sole purpose of evading taxes.

And that’s not the only trick in the corporate books.

MORE: IRS Still Unsure How to Measure Audit Rate | Art Werner: Estate Planning Strategies | Quick Tax Tip | Art Werner: Post-Mortem Estate Planning | Quick Tax Tip | Pause to Praise the Tax Pro Volunteers | IRS vs. Fraudsters | Imagine! The National Tax Advocate Does | Art Werner: Maximizing Fringe Benefits | Is the IRS Mismeasuring Phone Service? | Eight Steps to Getting Started with AI: A Guide for Tax Professionals
GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

 

Granted, sometimes those tricks are legitimate tax tactics. The tax code has loopholes, and that’s what they’re for.

Needless to say, corporate tax strategy can get pretty complicated. There is an entire industry of lawyers, accountants and wealth management professionals dedicated to walking the fine line between evasion and due diligence in the interest of shareholders.
READ MORE →