CPA Resource Blog
Ordinary CPA vs Trusted Advisor: What’s the Difference?
In his original article published in the Rochester Business Journal (January, 2008), Thomas Bonadio recalls his early days in his career as a CPA. Describing his limited duties, Bonadio says, “We conducted audits and other types of financial reviews. We prepared taxes….
As Times Change, It’s Important to Change with Them
In today’s blog post, I’d like to refer to information recently published by Richard Muscio *. As a consultant to the CPA industry, Richard Muscio specializes in helping CPAs update their practices in order to best keep up with changing times. His…
Michael S. Winslow, CPA, on Trust and Influence
In a recent blog, Michael S. Winslow (CPA/PFS) shares a story about a long-time client who comes to him seeking advice on his daughter’s college enrollment. Surprisingly, the client is not asking financial questions, but rather questions about college choice and possible…
Recent Tax Court Decision Changes the IRA Game
For the approximately 50 million American households who hold one or more individual retirement accounts (IRA), a recent court decision is being called a major game-changer. The Tax Court’s decision in Bobrow vs Commissioner states that taxpayers are allowed only one tax-free,…
