today's features
innovation & change management

can aicpa ceo koziel deliver what cpas want?

koziel says to look beyond the cpa for new answers.

koziel: ‘with the variety of skill sets needed in a growing practice, looking outside of those letters seems necessary.’

by seth fineberg
at large

one thing that’s clear from the annual aicpa & cima engage conference (arguably the largest in the profession) is that the association’s new leader, mark koziel, has much on his plate.

more mark koziel: mark koziel: the future of the profession | opportunity awaits incoming aicpa ceo | koziel to succeed melancon as aicpa ceo

for years, the cpa brand, its value, and the profession it stands for have been challenged, to say the least. in his first year as the institute’s leader, its membership made its needs abundantly clear to him. more importantly, it appears there is much support behind him to see that they are addressed.

to be fair, it is not on one person or one institutional body to fix all of the profession’s issues. but advocating and addressing the most glaring challenges, especially given membership fees and the seemingly long-standing fact that approximately half of those who hold the cpa credential are either not aicpa members or don’t necessarily support what they do, is no small task. this is where koziel, a long-standing member, small-firm advocate, and head of the allinial global firm association, can shine.

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charts & graphs

mounting delays undermine public trust in irs refund process

get ready for more unhappy clients and tougher conversations.

identity theft victim assistance (idtva) workload
pending idtva cases 387,000
average resolution time 602 days
percent of affected taxpayers below 250% of federal poverty line 69%
pending cases and processing delays stress hundreds of thousands of taxpayers financially.

by 卡塔尔世界杯常规比赛时间 research

the internal revenue service is taking an average of 20 months to resolve identity theft cases, leaving hundreds of thousands of taxpayers in financial limbo, disproportionately harming low-income households and straining the resources of cpa firms and tax professionals.

more tax | brace yourself: irs 25% staff cuts mean big trouble for tax pros and clients | what to watch in the one big beautiful bill  | irs’s big annual report: already out of date as agency grapples with chaos and cuts | busy season barometer stats: who’s responding and how they’re doing | accountants reporting a pretty good year | tax season faceplant: accountants overrun by late chaos

for tax professionals, the stakes are high and the immediate need is clear: set client expectations, document communication with the irs, and explore hardship cases that might qualify for expedited handling. at the policy level, the delays are fueling calls for funding, automation, and clearer transparency metrics from the irs.

“victims entitled to refunds are waiting nearly two years to receive them,” collins says. “these delays disproportionately affect vulnerable populations dependent on their refunds to meet basic living expenses.”

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pro member exclusive

trust is the primary ingredient

portrait of julie johnson
johnson
 julie johnson, cima, cfp,  is the founder and chief engagement officer of xy communication and a former senior vice president with ubs. she helps financial professionals to increase engagement with existing clients, prospects and peers by improving their ability to communicate, connect, and build trust and loyalty.

it drives retention, loyalty and growth.

by julie s. johnson
the holistic guide to wealth management

the insurance network for fiduciary advisors reported that 96 percent of clients are looking for wealth transfer advice from their advisors while they’re still alive, but fewer than one in four (25%) of financial professionals provided it to their clients.

why is there such a disconnect?

more: use goodwill to maximize exit readiness | an accountant’s role in exit planning | trust and estate planning is for clients of all ages | help clients manage and embrace investment risk | tax advisory services: a pathway to greater financial freedom | leverage ai to grow and protect revenue: six steps | four ways to provide wealth management in your accounting practice | what multiples mean to accounting firms | how wealth management has evolved | why now is the time for cpas to embrace wealth management
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

so many financial professionals have told me it’s not their job to hold clients’ hands during the emotional challenges of death, divorce, inheritance. “they hire us to take care of their financial goals and challenges, not be their therapist,” advisors tell me again and again. this comment, and multiple variations of it, are what i hear often after speaking or writing on this topic.

that disconnect is your opportunity as a cpa!
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audit & assurance

is your staff truly empowered?

three people having discussion at table over document and water glasses

this doesn’t overlook accountability. quite the opposite.

by alan anderson, cpa
transforming audit for the future

i don’t know if it was luck or by design, but when i started out at mcgladrey, i landed on a team that was already doing the kinds of innovative work that i coach teams today to try out. i’ve never been a status quo type of person, so that resonated with me. i was always trying to find a better way to do things.

in my first six months, we were already working with data, using the primitive data software tools available back then, or, more likely, that we built ourselves. i was in an environment that created the art of what’s possible. we were willing to try new things. i didn’t have mentors or co-workers who would tell me “that’s not the way we do it here,” so i was able to actually do the things i thought about.

more by alan anderson
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

audit has become an exercise in filling out forms

back then, at the beginning of my career, we weren’t under fee or time pressure. we were encouraged to talk to the client, to ask questions and to understand their business. but as fixed fee and fee pressures started to grow, the mindset of audit became focused on getting the work done quickly, not on providing insights or value to the clients. the empowerment mindset that i got from my team in those early days began to fade.
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podcast

koebnick: freedom from federal taxes? the tribal credit that’s sparking fireworks | the concierge cpa

advisors are learning how a federally registered tribal credit could mean big tax savings and big tax controversy.

this is a preview. the complete episode is first available exclusively to pro members | go pro here

update: this episode was originally recorded in early 2025 and appears here as part of the 卡塔尔世界杯常规比赛时间 special independence week series. please be advised that the tribal tax credit is currently under increased scrutiny by the irs, with concerns about potential misuse and fraudulent claims. the perspectives shared in this episode reflect the understanding at the time of recording and do not align with the most recent regulatory guidance or enforcement actions. listeners are strongly encouraged to consult a qualified tax advisor and review the latest irs guidance before considering any strategies discussed herein. 

the concierge cpa
with jackie meyer
for 卡塔尔世界杯常规比赛时间

as americans celebrate independence, a lesser-known federal tax credit tied to native american tribal negotiations is offering its own version of financial freedom—up to 40 percent off federal tax liability, no clawbacks, and five years to use it.

more jackie meyer

on this special independence week episode of the concierge cpa show, host jackie meyer, cpa, sits down with chad koebnick, vice president of specialized tax services at nepsis, to explore a strategy that could permanently reduce taxes—and permanently change the way we think about advisory.

“this is one of those once-in-a-decade strategies,” says meyer. “but it’s new, and with that comes skepticism. that’s why we brought in chad to break it all down.”

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