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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
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@cpapracadvisor
CPA Practice Advisor
13 hours
❤️ 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 #taxtwitter
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@cpapracadvisor
CPA Practice Advisor
14 hours
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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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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@cpapracadvisor
CPA Practice Advisor
14 hours
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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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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@cpapracadvisor
CPA Practice Advisor
15 hours
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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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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@cpapracadvisor
CPA Practice Advisor
15 hours
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 professions most cognitively aligned with ChatGPT aren’t tech developers or data scientists, but rather military officers and medical specialists.
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@cpapracadvisor
CPA Practice Advisor
16 hours
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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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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@cpapracadvisor
CPA Practice Advisor
16 hours
The weekly accounting news roundup-
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@cpapracadvisor
CPA Practice Advisor
16 hours
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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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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@cpapracadvisor
CPA Practice Advisor
16 hours
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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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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@cpapracadvisor
CPA Practice Advisor
17 hours
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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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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@cpapracadvisor
CPA Practice Advisor
17 hours
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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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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@cpapracadvisor
CPA Practice Advisor
18 hours
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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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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@cpapracadvisor
CPA Practice Advisor
18 hours
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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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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@cpapracadvisor
CPA Practice Advisor
19 hours
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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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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@cpapracadvisor
CPA Practice Advisor
19 hours
Retailers reported an 18% increase in the average number of shoplifting incidents per year in 2024 versus 2023.-
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Retailers reported an 18% increase in the average number of shoplifting incidents per year in 2024 versus 2023.
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@cpapracadvisor
CPA Practice Advisor
20 hours
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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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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@cpapracadvisor
CPA Practice Advisor
20 hours
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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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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@cpapracadvisor
CPA Practice Advisor
21 hours
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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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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@cpapracadvisor
CPA Practice Advisor
21 hours
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. -
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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...
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@cpapracadvisor
CPA Practice Advisor
22 hours
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.-
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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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