The Missing Link Between Advisory Marketing and Advisory Sales
Advisory services at accounting firms are expanding at a double‑digit 17% rate, but many firms stumble because their marketing speaks in generic terms. By mining discovery‑call transcripts, firms can capture the exact language prospects use around cash flow, margins and uncertainty. Turning those insights into a repeatable message bank, paired with concrete visual dashboards, aligns marketing with sales and clarifies the advisory value. AI assistants such as Claude Cowork accelerate this process, turning weeks of manual analysis into minutes.
Making Tax Sense Out of March Madness
Starting in 2026, the One Big Beautiful Bill Act (OBBBA) limits the amount of gambling losses that individual taxpayers can deduct to 90% of their total losses, while the traditional cap that losses cannot exceed winnings remains. The change means...
3 Ways to Make the Most of Your Tax Refund
The Illinois CPA Society (ICPAS) advises taxpayers to allocate their refunds toward three pillars: building an emergency fund, paying down high‑interest debt, and investing for the long term. Refunds this year are expected to be roughly 10% larger thanks to...
How Automating Client Compliance Can Free Up Billable Hours
Accounting and advisory firms are increasingly turning to compliance automation to handle filing deadlines, document collection, and multi‑state regulatory requirements. Automated dashboards and real‑time alerts replace spreadsheets, cutting manual effort and reducing errors. By offloading routine tasks, firms free up...
IRS Reminds Tax Pros About the Alternative Media Center
The IRS announced an expansion of its Alternative Media Center, now offering hundreds of tax forms, instructions, and publications in accessible formats such as Section 508‑compliant PDFs, browser‑friendly HTML, eBraille, text‑only, and large print. Tax professionals can request alternative‑media notices via...
Lettuce Financial Acquires Carry’s Retirement and Investing Platform
Lettuce Financial announced it will acquire Carry’s retirement and investing platform, adding over $225 million in assets and thousands of solopreneur members. The deal integrates self‑directed Solo 401(k) and IRA accounts, giving users access to traditional, crypto and startup investments. Carry...
Financial Literacy Month Spotlight: AICPA and Finseca Share the Financial Questions Clients Ask Most
During National Financial Literacy Month, the AICPA and Finseca published a guide answering the most common financial questions from individuals, families, and small‑business owners. The resource stresses building a 3‑6‑month emergency fund, adopting tax‑diverse retirement accounts, and using diversification and...
IRS Launches New Text Chat for Taxpayers Outside the U.S.
The Internal Revenue Service has introduced a free live text‑chat service for U.S. taxpayers living abroad, supplementing its existing international call center. Available Monday through Friday from 6 a.m. to 11 p.m. ET, the chat assists with amended‑return status, timelines, and transcript...
The 10-Second Feedback Mistake That Could Damage Employees for Years
Research by 5app shows 81% of employees recall damaging feedback for years, and only 20% stay fully engaged after poor feedback. The core mistake is conflating identity with behavior, turning constructive guidance into lasting judgment. Effective feedback must be specific,...
Ex-Connecticut Tax Preparer Gets 18-Month Prison Sentence for Filing $1.06M in False Returns
Former Connecticut tax preparer Diana Miller‑Lloyd received an 18‑month prison term after pleading guilty to filing false returns that sought $1.06 million in fraudulent refunds between 2016 and 2021. The scheme targeted high‑income clients, many earning over $500,000, by fabricating charitable...
Joey Reeve, CPA – 2025 “20 Under 40” Accounting Influencer
Joey Reeve, CPA, has been named a 2025 "20 Under 40" accounting influencer. He founded Universal CPA Review, a visual‑learning platform that provides video explanations for every multiple‑choice question and comprehensive study guides. The service claims to have helped thousands...
Tax Court OKs Disallowance of Accrued Expenses
Tax Court affirmed the IRS’s disallowance of over $450,000 in deductions for a California hospice‑care C corporation that used the accrual method but failed to record income and expenses accurately. The IRS also found the corporation under‑reported more than $200,000...
Why Companies Are Turning to Smaller, Leaner Teams
Companies are shifting from headcount‑driven growth to lean, high‑performing teams. Eric Carrell, CEO of Dofollow.com, explains that coordination costs explode as teams grow, eroding productivity. Small teams deliver faster outcomes because members own results and can leverage AI and automation....
The Impact of Caregiving on Talent and Leadership in CPA Firms
The Accounting MOVE Project has launched its 2026 study, titled “Caught in the Middle,” to examine how caregiving responsibilities affect mid‑career accountants, especially women, and the firm’s leadership pipeline. Prior data showed 63% of firms list burnout as their top...
3 Things Crypto Investors Can Do Now to Make 2027 Tax Reporting Easier
Approximately 70 million Americans now hold cryptocurrency, yet only half understand its tax obligations. The IRS is tightening enforcement, and starting in 2027 centralized exchanges will be required to report cost‑basis data directly to the agency. Andrew Duca of Awaken Tax...