CPA

Biden Administration Proposes Tax Initiatives

The Biden administration recently released a proposed budget for the fiscal year 2022, referred to as the “Green Book”. The budget includes a number of proposals for tax increases along with a series of increased or extended tax credit and incentive programs. Here is a list of some of the proposed changes:

James Moody Appointed Chair-Elect of the ASCPA

Dent Moses is pleased to announce that James Moody has been appointed to serve as Chair of the Alabama Society of Certified Public Accountants (ASCPA) for a one-year term beginning in June 2021.  The ASCPA is the statewide, professional membership organization representing over 6,000 Alabama CPAs in public practice, industry, government, and education. On being…
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Hiring the Right Financial Professional: The CFO

Part three of four in a SmartMoney series by Mike Baker Read Part One: The Bookkeeper and Part Two: The Controller. The larger the company, the more complicated the financial decisions and the more responsibilities required of those people minding the money. Earlier in this series, I talked about bookkeepers and controllers, professionals who are…
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Building Practice Goodwill

Read Part 1 and Part 2 in this Goodwill Series. In my previous two posts, I have discussed how goodwill is the driver of value in your practice and how goodwill is taxed at more advantageous rates than regular income. And if that isn’t enough, the byproducts of building superior goodwill in your practice benefit…
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