MACPA is making the Shift Change - Today!

Posted By: Tom Hood on September 19, 2014 in Business Strategy&Leadership / Management
"Mr. Gorbachev, tear down these walls!” - President Ronald Reagan We have been talking about the major business fundamentals that are shifting in this era we call the “shift change”. The shift change involves the five areas that are transforming as a result of the three mega-trends of technology, demographics and the retiring baby boom generation, and globalization. Today, the MACPA is making the shift in two areas - workplace and technology. Of course this shift  also...

For women, paving career paths starts with communication

Posted By: Bill Sheridan on September 19, 2014 in Business Strategy&Leadership / Management
Women in the workplace have fought an unfair and uphill battle for respect and equality from the very start. They’ve made tremendous progress over the years, but there is still a long way to go. Men still get more money and greater leadership opportunities than women, and many of the old foes — sexism, misogyny, gender bias, stereotypes — are, unbelievably, still in play. And yet a woman’s biggest enemy today is sometimes … herself. Cheryl Duvall says that enemy often...

Proposed XBRL exemption returns. Make it go away.

Posted By: Bill Sheridan on September 14, 2014 in Legislative / Regulatory
UPDATE: As expected, the House passed H.R. 5405 on Sept. 16 by a vote of 320-102. You have to admire the determination of our elected officials. When they wrap their arms around a really bad idea, they simply will not let go. And they won’t let a little thing like common sense get in the way, either. Case in point: H.R. 5405. Also known as the “Promoting Job Creation and Reducing Small Business Burdens Act,” this proposed bill would, in part, exempt small public companies —...

Cash may still be king (for tax purposes, that is)

Posted By: Tom Hood on September 12, 2014 in Uncategorized
Did you know that the cash basis method for tax almost went away? File this under the "What have we done for you lately" category. One of the top reasons we (state CPA societies and the AICPA) exist is to represent our members before the U.S. and state legislatures. Last night, we received notice from the AICPA's Capitol Hill team that one of our major efforts over the past year paid off. The issue was a congressional mandate that would ban the use of the cash-basis method for tax purposes for...

Our time is finite. Make it count.

Posted By: Bill Sheridan on September 11, 2014 in Leadership / Management
My next-door neighbor is dying. He’s in the end stages of a terminal liver disease, and his wife called me in tears tonight. She wanted me to come over and help her move him from the living room to his bed. I was happy to do so, but it took the help of another neighbor to get the job done. Afterward, we looked at his wife, a scared and devastated woman about half the size of her husband, and a frightening thought hit us: What happens when we leave? How can she possibly take care of her husband...

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