Mar 18, 2022, 11:22 AM by Cory Ng, CPA, DBA, CGMA, and Brian Trout, CPA, DBA, CMA

Discuss the essential skills for CPAs that go beyond traditional accounting-based responsibilities. They go into great detail on the need for CPAs to be expert in the areas of communication, collaboration, and critical thinking.

Mar 18, 2022, 11:21 AM by Andrew M. Bernard Jr., CPA

In the ever-expanding globalization of the economy, it is more common than ever for a U.S. person to make payments to foreign persons. Depending on the type of payment made, and whether it is U.S. sourced, there may be U.S. withholding tax imposed on the payment unless an exemption applies.

Mar 18, 2022, 11:20 AM by Maureen P. Fitzgerald, JD

Takes readers through a fictional scenario that is based upon actual issues and recurring themes found in professional liability cases.

Mar 18, 2022, 11:19 AM by Ashley L. Stampone, CPA

An interview with Cheryl Collarini in a wide-ranging discussion centered around preparing the next generation of CPAs for recruitment in a virtual setting.

Mar 18, 2022, 11:19 AM by Peter N. Calcara, CAE

While the Pennsylvania General Assembly may run until Nov. 30, the state legislature will have to address the budget, statewide elections, and tax proposals well before then.

Mar 16, 2022, 09:57 AM by Howard M. Silverstone, MBE, CPA, CFF, and Irina Balashova, CPA, CIA, CFE

Elder fraud has been defined as “an act targeting older adults in which attempts are made to deceive with promises of goods, services, or financial benefits that do not exist, were never intended to be provided, or were misrepresented.”

Mar 16, 2022, 09:31 AM by Ilya A. Lipin, JD, and Frank P. Czekay, CPA, JD

As it is still early 2019, it is important to reflect on recent legislative, administrative, and judicial state and local tax developments in Pennsylvania and Philadelphia. This column will look at some of the most significant and discuss their prospective impacts.

Mar 16, 2022, 09:30 AM by Cory Ng, CPA, CGMA, DBA

Blockchain is considered one of the most significant advances in record keeping since double-entry bookkeeping emerged in Italy in the 15th century. There may be differing opinions on the rate of adoption, but the view is widespread that blockchain has the potential to dramatically change the way business will be conducted.

Mar 16, 2022, 09:29 AM by Vanessa A. Zang, CPA

When the Financial Accounting Standards Board (FASB) released Accounting Standards Codification 606, Revenue from Contracts with Customers (ASC 606), on May 28, 2014, several industries were provided additional resources for implementation. Among them was telecommunications (telecom), for which the Revenue Recognition Transition Resource Group and AICPA’s Telecommunications Entities Revenue Recognition Task Force have tackled some of the most challenging issues faced while implementing ASC 606.

Mar 16, 2022, 09:28 AM by Alex K. Masciantonio, CPA, Kevin E. Flynn, CPA, PhD, and Sean Andre, PhD

As many tax professionals know, Internal Revenue Code (IRC) Section 965 had required a transition tax on certain untaxed foreign earnings for the 2017 tax year. But while the federal provisions of Section 965 are over, that is not the end of the story as many states have decoupled from the federal treatment.

Mar 1, 2022, 10:56 AM by Bernice Jenkins, CPA, CMA; Loreal Jiles; J. Stephen McNally, CPA, CMA

CPAs and other professional accountants need appropriate technical knowledge and leadership skills to be effective – whether they are auditors, tax accountants, or consultants at a firm, in management accounting, or finance professionals at nonprofit, academic, or governmental organizations. So, when it comes to discussions regarding diversity, equity, and inclusion (DE&I), why should our profession care, let alone invest time and resources to promote DE&I within our workplace?

Mar 1, 2022, 09:35 AM by John Kim, Allison Griffin, Steven G. Blum, CPA, CFE, and Christina M. Olear, CPA

Monitoring is one of the five components of effective internal control. Data analytics and visualization tools can assist organizations with these monitoring requirements by helping those responsible for compliance harness all the power latent in their available data. Without data analytics and visualization, the compliance function’s visibility is limited by whatever sample, periodic risk-based testing, or risk-based audit activities the company conducts manually.

Dec 21, 2021, 09:50 AM by Jennifer Cryder, CPA

Showcases the valuable role PICPA members play in shaping the landscape for issues that affect the Pennsylvania business environment.

Dec 21, 2021, 09:44 AM by Alexandra C. Fabian

Goes behind the scenes of a recent agreement between the PICPA State Taxation Steering Committee and the New Jersey Society of Certified Public Accountants to work together to solve cross-state tax issues.

Dec 21, 2021, 09:34 AM by JulieAnn C. Verrekia, CPA

Discusses the Employee Plans Compliance Resolution System’s role in permitting plan sponsors to correct failures and continue to provide their employees with retirement benefits on a tax-favored basis.

Dec 21, 2021, 09:23 AM by James A. Stavros, CPA, CFF, and Allison Greenfield, CPA

Delves into some of the factors that should be considered when seeking to calculate lost earnings connected to the COVID-19 pandemic.

Dec 21, 2021, 09:14 AM by James P. Swanick, CPA, and Michael J. Tighe, CPA

Stress the importance for sellers to proactively review a buyer’s financial records and tax positions prior to entering into possible protracted negotiations.

Dec 21, 2021, 08:58 AM by James J. Caruso, CPA, CGMA

Identifies the job search process as a two-way street, one where the employer is not only interviewing the job seeker, but where the job seeker is vetting their potential new place of business as well.

Dec 21, 2021, 08:40 AM by Carrie Steffen

Seeks to answer the question of whether the increase in technology tools has served to devalue the importance of conventional relationship building.

Dec 21, 2021, 08:31 AM by Jonathan S. Ziss, JD

Utilizes case studies to show that although long-term client/CPA firms can be the most satisfying, they can also be the relationships that bring the biggest risk of liability claims.