CPA Practice Advisor
@cpapracadvisor
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Technology and practice resources and news for professional tax and accounting firms. Helping to build thriving practices!
Chicago, IL
Joined May 2009
❤️ On Leaders of the Ledger, Victor Garrido shares why the real reason clients stay with their CPA isn’t numbers—it’s connection. Empathy and relationships define the modern accountant. 🎧 Watch now: https://t.co/UVuk0DTdvZ
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Millions of federal workers are currently living without pay. Here's what all of us can do to prepare for financial uncertainty.-
cpapracticeadvisor.com
Millions of federal workers are currently living without pay. Here's what all of us can do to prepare for financial uncertainty.
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AI has opened the door for thousands of interested taxpayers and investors to learn about investments strategies and tax reporting but can just as easily lead them astray.-
cpapracticeadvisor.com
AI has opened the door for thousands of interested taxpayers and investors to learn about investments strategies and tax reporting but can just as easily lead them astray.
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Generative AI has surpassed traditional AI and machine learning as the most influential technology, with 25.9% of finance professionals calling it the top trend.-
cpapracticeadvisor.com
Generative AI has surpassed traditional AI and machine learning as the most influential technology, with 25.9% of finance professionals calling it the top trend.
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The professions most cognitively aligned with ChatGPT aren’t tech developers or data scientists, but rather military officers and medical specialists.-
cpapracticeadvisor.com
The professions most cognitively aligned with ChatGPT aren’t tech developers or data scientists, but rather military officers and medical specialists.
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The AICPA holds this annual conference to provide the profession with cutting-edge information and best practices shaping the future of the forensic and valuation services profession.-
cpapracticeadvisor.com
The AICPA holds this annual conference to provide the profession with cutting-edge information and best practices shaping the future of the forensic and valuation services profession.
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Consumer spending for this Halloween is expected to be in the billions in various categories, but one category in particular is coming up just shy of that billion-dollar mark.-
cpapracticeadvisor.com
Consumer spending for this Halloween is expected to be in the billions in various categories, but one category in particular is coming up just shy of that billion-dollar mark.
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Sovos recently launched OptiTax, a purpose-built use tax management solution designed to help businesses change their approach to use tax compliance from reactive to proactive financial optimization.-
cpapracticeadvisor.com
Sovos recently launched OptiTax, a purpose-built use tax management solution designed to help businesses change their approach to use tax compliance from reactive to proactive financial optimization.
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Whether you’re introducing a new advisory service, implementing technology or changing how you deliver tax returns, getting client buy-in determines whether that change succeeds or stalls.-
cpapracticeadvisor.com
Whether you’re introducing a new advisory service, implementing technology, or changing how you deliver tax returns, getting client buy-in determines whether that change succeeds or stalls.
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CoinTracker has launched its Broker Tax Compliance Suite, a crypto-native tax reporting solution purpose built to meet the needs of crypto brokers and exchanges under new reporting regulations.-
cpapracticeadvisor.com
CoinTracker has launched its Broker Tax Compliance Suite, a crypto-native tax reporting solution purpose built to meet the needs of crypto brokers and exchanges under new reporting regulations.
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New data from Lili's Accountant AI tool shows that small business owners are most concerned about implementing the right tax structure and how they can save money on taxes.-
cpapracticeadvisor.com
New data from Lili's Accountant AI tool shows that small business owners are most concerned about implementing the right tax structure and how they can save money on taxes.
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To prepare and file taxes for other taxpayers, professionals must have a PTIN and renew it annually. The cost for the 2026 calendar year is $18.75.-
cpapracticeadvisor.com
To prepare and file taxes for other taxpayers, professionals must have a PTIN and renew it annually. The cost for the 2026 calendar year is $18.75.
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Preliminary data suggest that consumers' holiday spending will be down this season compared to last year. Notably consumers expect to spend 3.9% less on gifts and 12% less on non-gifts.-
cpapracticeadvisor.com
Preliminary data suggest that consumers' holiday spending will be down this season compared to last year. Notably consumers expect to spend 3.9% less on gifts and 12% less on non-gifts.
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Retailers reported an 18% increase in the average number of shoplifting incidents per year in 2024 versus 2023.-
cpapracticeadvisor.com
Retailers reported an 18% increase in the average number of shoplifting incidents per year in 2024 versus 2023.
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Under the new structure, 23,000 RSM professionals will operate across the U.S., the United Kingdom, Canada, Ireland, India, and El Salvador, generating aggregate annual revenues of $5 billion.-
cpapracticeadvisor.com
Under the new structure, 23,000 RSM professionals will operate across the U.S., the United Kingdom, Canada, Ireland, India, and El Salvador, generating aggregate annual revenues of $5 billion.
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The two biggest financial needs parents and caregivers should consider before purchasing life insurance are income replacement and future education costs.-
cpapracticeadvisor.com
The two biggest financial needs parents and caregivers should consider before purchasing life insurance are income replacement and future education costs.
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Adequate insurance coverage allows you the opportunity to utilize these levels as often as they need. Evaluate their policies now so a loved one can get the care they need.-
cpapracticeadvisor.com
Adequate insurance coverage allows you the opportunity to utilize these levels as often as they need. Evaluate their policies now so a loved one can get the care they need.
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Municipal programs could move the needle with relatively small amounts of money: offering $1,000 or less per year to low- and middle-income families could cut child poverty rates by 25% in several cities. -
cpapracticeadvisor.com
Municipal programs could move the needle with relatively small amounts of money: offering $1,000 or less per year to low- and middle-income families could cut child poverty rates by 25% in several...
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The IRS released updated 2025 tax season statistics, which show a slight uptick in total tax returns received and the average tax refund amount compared to mid-October of 2024.-
cpapracticeadvisor.com
With the Oct. 15 deadline for extension filers now in the rear-view mirror, the IRS last week released updated 2025 tax season statistics, which show a slight uptick in total tax returns received and...
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