In financial accounting, an audit refers to a CPA firm reviewing a company’s financials and internal controls, and reviewing documentation to verify the amounts shown on the financials.
The local business directory for my town was just published. I'm an Enrolled Agent. Commonly abbreviated as "EA." But apparently the publishers of the directory were confused: Apparently I'm actually an extended-play record. I haven't called the local group that published the directory yet. It was a free listing, and it made me laugh, [...]
We all get gold stars in the IRS's new "Annual Filing Season Program." Woo hoo. Time to wade into the IRS preparer regulation fray again. The IRS is plowing forward with a voluntary program for tax preparers that falls well short of "regulation." And for some reason, the AICPA has filed a lawsuit against the [...]
It's been a long, long time since I've written a long, rambling, stream-of-conscience blog post full of side notes and parenthetical references. But when I sat down to write this post, a whole lot of thoughts came out. So here, in 600+ words, is my opinion on the apparent death of the RTRP designation, and what [...]