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The Most Interesting Accountant in the World: His Ties Tie Themselves and More...

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Court Rules IRS Is Too Late To Audit, Win For Taxpayers

(Forbes) - And it all came down to the tax return filing date. In 2005, the IRS was asking for Seaview’s 2001 tax return, and Seaview handed it over to the IRS in 2005. But the IRS didn’t issue a tax bill until 2010, more than three years later.



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How to Handle Partners Who Won't Fully Retire 
(Accounting Web) - Even when senior partners step down, many of them aren't planning to truly retire. These days, over 50 percent of American workers intend to continue bringing in income despite having gone into "retirement." This includes accountants. In light of this situation, how can you engage in succession planning effectively?


Accounting Profession Has One of the Lowest Turnover Rates in the U.S. 
(CPA Practice Advisor) - Accounting had the third-lowest average turnover rate (9.4%) from July 2021 to June 2022 out of the 13 job functions LinkedIn analyzed.


Inside CAS 2.0: Client Accounting Services  
(Accounting Today) - Client accounting services has been hugely successful as a service offering, but CPA.com's Erik Asgeirsson and Kalil Merhib say firms need to evolve toward the next stage: client advisory services.


CFO to CEO: Lean Into the Unfamiliar 
(CFO) - CFOs face the toughest odds of outperforming as CEOs because they often focus on profitability at the expense of revenue growth.


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