Expert Insights Tax & Accounting

If your firm wants to grow, you have to move beyond basic compliance and commoditization to high-value consultative services. Those are the services clients really want to pay you for because that’s where you can help them save money and headaches. Savvy firms look for these five signs that their staff is able to carve out time to add value for clients.

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 provides protection for certain individual retirement account (IRA) assets under federal law. The law provides for the exclusion from a bankruptcy estate of up to $1 million of IRA assets attributable to regular contributions.

As the calendar turns to Fall, it is time to start planning year-end audit engagements again. While it may not have been a priority this year, it is also time to consider your upcoming peer review. Notably, the peer review process is changing. Therefore, planning for it now can help you avoid missteps during your review.