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Jan 15, 2025 | 
cpajournal.com | Susan B. Anders
July/August 2024, Featured, Columns, Technology |
This month’s column reviews some free options for readers to try, as well as the Generative Initiative provided by CPA.com. CPA.com surveyed the original live viewers of its “The Great Equalizer” webcast (see below), which revealed that 47% had used ChatGPT or another large language model (LLM), and 53% had not.
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Oct 23, 2024 | 
cpajournal.com | Susan B. Anders
Featured, May/June 2024, Columns, Taxation |
This month’s column cannot provide any predictive abilities, but does explore free federal and state estate tax resources from the IRS, Findlaw, and two professional firms, to assist readers in providing estate tax planning services.
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Sep 19, 2024 | 
cpajournal.com | Susan B. Anders
May/June 2024, Featured, Columns, Taxation |
This month’s column cannot provide any predictive abilities, but does explore free federal and state estate tax resources from the IRS, Findlaw, and two professional firms, to assist readers in providing estate tax planning services.
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Aug 28, 2024 | 
cpajournal.com | Susan B. Anders
Major changes to estate and gift taxes are periodically a topic of discussion in Congress and the popular press. The Tax Cuts and Job Act (TCJA, PL 115-97) amended federal estate and gift tax provisions to temporarily increase the lifetime exclusion and the annual gift exclusion. As the clock ticks toward 2025 and the law’s sunset, CPAs may wish that they had a “crystal ball” to foretell the future of estate taxation.
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Jul 15, 2024 | 
cpajournal.com | Susan B. Anders
Featured, Columns, Technology |
The nonprofit sector is an important service niche for many CPA firms, as well as a popular choice for professional employment by CPAs in industry.
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Apr 30, 2024 | 
cpajournal.com | Susan B. Anders
January/February 2024, Featured, Columns, Technology |
Professional independence is required for CPAs performing financial statement attest services, whether the client company is privately held or publicly traded. In both circumstances, CPAs are generally required to follow professional standards issued by the AICPA and state boards of accountancy.
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Feb 13, 2024 | 
cpajournal.com | Susan B. Anders
November/December 2023, Featured, Columns, Technology |
Boomr Time Tracking Integration (https://www.monitask.com/en/integration/boomr-time-tracking) is one of the products offered by Monitask, an employee time and task tracking software provider. Boomr automates tracking time and integrates a timesheet management system along with the user’s accounting software.
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Dec 12, 2023 | 
cpajournal.com | Susan B. Anders
September/October 2023, Featured, Columns, Technology |
The AICPA has previously expressed the notion (or expectation) that undergraduate accounting programs will focus on preparing students for the three core sections, and master’s-level courses would be the appropriate place to address the specialized discipline exams.
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Oct 17, 2023 | 
cpajournal.com | Susan B. Anders
July/August 2023, Featured, Columns, Sustainability |
As with other nonfinancial measures, sustainability reporting is quite time-consuming, especially for smaller organizations. To help ease this burden, the IFRS Foundation has taken on the responsibility to create guidance by forming the International Sustainability Standards Board (ISSB) in November 2021, which recently issued its first two pronouncements.
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Aug 15, 2023 | 
cpajournal.com | Susan B. Anders
May/June 2023, Columns, Technology |
Chat GPT is an artificial intelligence (AI) chatbot developed by the OpenAI organization. Many readers may already be familiar with chatbots, which are software applications that simulate human conversation via text or voice interactions. The “GPT” in Chat GPT stands for Generative Pre-training Transformer; it is a large language model (LLM) that is trained to create text that is intelligible to humans.
