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M&A sell-side transactions require careful planning and a deep understanding of the legal issues involved. CPAs and tax professionals are in a unique position to help companies navigate these complexities, particularly when it comes to managing tax liabilities

A popular route for U.S. investment among high-net-worth foreign citizens has increasingly become domestic private equity funds. CPAs with an international practice are now frequently confronted with clients who want to know how making this investment could affect their U.S. tax exposure.

Advisory services offer a significant opportunity for CPA firms to grow their practices and provide more value to clients. By pricing services based on the benefit to the client, turning one-time engagements into recurring work, one can create a sustainable revenue stream.

It’s crucial to provide clients with informed and competent guidance as part of an overall retirement planning strategy. By leveraging a CPA's expertise, you can help clients make well-informed decisions that optimize their financial outcomes.

Advancing in a firm requires aligning with its values, strategic thinking and integrity. True leaders collaborate for collective success, supported by sponsors and coaches who champion their growth.

The potential liability from data being stolen or the network being down is not easily defined as every hack is different. It is best to get ahead of the potential loss and educate your team so that they are better prepared to identify and mitigate threats appropriately.

Accounting firms, particularly smaller ones, should familiarize themselves with the AICPA's new Ethics Interpretations to ensure compliance and avoid impairing independence when offering these non-assurance services to attest clients. These changes will take effect over the next few years.

Numerous tax changes impacting individuals, some business provisions and the estate tax threshold under the Tax Cuts and Jobs Act (TCJA) were enacted with a set expiration of Dec. 31, 2025, for budgetary reasons. That deadline is rapidly approaching.