Is Business Too Good for Your Own Good?

Business is good, but CPAs say the workload never eases up. by Rick Telberg CPA across all areas of the profession this summer are confirming the best hopes and worst fears that the profession felt when the year was beginning. … Continued

Accounting Sector Shrinks by 4,200 Jobs

Marking the fourth consecutive month of decline, the bookkeeping and accounting industry contracted in June, shedding 4,200 full-time employees from May, ending at total employment of 954,800 workers and professionals, according to new data available to CPA Trendlines. Still, June’s … Continued

More Tax Clients Choose Do-It-Yourself Method

But professionals aren’t sorry to see them go. The number of taxpayers who are preparing their returns themselves is surging 9.9% over a year ago, according to new data obtained by CPA Trendlines. Meanwhile, the number of returns filed by … Continued

CPA CFOs See Slight Spending Increases Ahead

But no new hiring. via AICPA The outlook for the U.S. economy improved in the fourth quarter, but broad pessimism about the progress of a recovery persists, according to the fourth quarter AICPA Economic Outlook Survey, which polls chief financial … Continued

Will a Jobs Plan Wreck Your Tax Season?

Get the briefing paper on the “American Jobs Act.” With hopes of stimulating national job growth in the near future, President Obama is urging Congress to pass a $447 billion jobs package. But many tax practitioners just want to know: … Continued