Local firm management news from around the web: Jan. 7 – 11, 2019

Written on Jan 10, 2019

Here’s how to say ‘yes’ to value pricing
It’s 100% true that clients only pay what they believe is the value of your services, however, the real issue is that accountants get frustrated with value pricing because clients come to the table with a predisposed mindset about what you do.

Why some homeowners may have higher federal tax bills this year
The United States tax code has generally been pretty generous with homeowners, but things changed a little bit with the Tax Cuts and Jobs Act. Now some homeowners may face higher federal tax bills for 2018 than in previous years -- and in some cases, that bill will be significantly higher.

Tax refund scammers are finding new ways to steal from you
A coordinated crackdown on tax-related, ID theft has drastically reduced the numbers of new refund fraud victims. But new schemes keep popping up all across the country. “ID thieves are growing in sophistication,” warned IRS Commissioner Charles Rettig.

AICPA finalizes omnibus statement on auditing standards
The AICPA’s Auditing Standards Board voted to issue a final version of its Statement on Auditing Standards, Omnibus Statement on Auditing Standards—2019, to align its guidance more closely with that of the PCAOB.

Tech Corner - Is technology and social isolation occurring in pockets of society?
As companies strive to embrace next-gen technologies to improve customer experiences and streamline internal processes, they should be aware that unwanted side-effects could appear.

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