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In a profession where an ever-increasing skill level is demanded, we should encourage candidates to get the most value possible from the additional courses needed for CPA licensure.

On March 23, 2023, the FASB issued a much-anticipated exposure draft proposing standards for the treatment of crypto assets. Comments were due by June 6, 2023, and it is hoped the final standard will be issued by year end.

Changes to the NJCPA membership categories that aim to help retain student members, update terminology and simplify and consolidate member classes went into effect on June 1.

As CPAs transition into retirement, we must use their knowledge to help bring excitement back into the profession. For example, retiring CPAs can present to high school and college students, and create more internships and mentoring opportunities.

The taxation of digital products is quite complex. There are many variables to consider before determining whether a digital product is taxable.

Understanding your buyer and how you can get them back to doing what they do best (servicing their own customers) wins the medal in professional services. CPA firms often have only one differentiator: their people.

Those food and beverage companies that survived from 2020 to today share a common trait: an ability to adapt quickly and decisively. As advisors in this space, CPAs are expected to ensure that clients keep up with, and are ahead of, changes occurring in this industry.

To avoid having potentially long-term losses, it's important to leverage marketing to help your firm stay afloat. Keeping your brand top of mind is key when companies are seeking the services you offer.

State and local tax (SALT) considerations are often overlooked when selling businesses, and such omission can later delay, impair or nullify a deal. When SALT issues are not included in the due diligence process, subsequent SALT liabilities become problematic and sometimes costly.

There is no doubt a built-in demand exists for high-value cannabis accounting services. CPAs are well-suited to help businesses in this industry overcome barriers and support the cannabis industry’s growth to its full business potential.

Those nearing retirement should avoid underestimating their longevity as well as stock market volatility. Here are the seven biggest risks retirees should avoid at all costs.