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  • How to prevent turnover when introducing your new normal

    July 21, 2021

    Using empathy, clear communication, and careful planning is key to retaining star employees when reopening the office.

  • What we lose when women leave the workforce

    July 21, 2021

    COVID-19 is forcing women out of the workforce in record numbers. What do we lose when women leave the workplace, and how can we make it possible for them to stay?

  • New tax credit incentive supports education choice

    July 19, 2021

    Because of the pandemic, the 2020-21 school year was very difficult for thousands of Kentucky elementary and high school students, but the heaviest burden fell on low-income students and families of color; those who have limited resources for educational choices. In future years,  Kentucky’s K-12 students will have choices for educational services thanks to the Education Opportunity Account (“EOA”) Act passed by the Kentucky 2021 General Assembly. 

  • 40 Under 40 Black CPA Award

    July 8, 2021

    In honor of the 100th anniversary of the first Black CPA, this award has been established to continue to build upon progress made by recognizing young Black CPAs for influencing the profession, breaking barriers, and making an impact on the community.

  • Implementing technologies on an accelerated basis

    June 23, 2021

    CPAs are trained to be methodical. They know how to break down assignments into smaller tasks to complete projects on time and within the established budget. That’s why they are perfect to work on complex projects that involve implementing technologies, especially on an accelerated schedule.

  • Cybersecurity: A comprehensive approach

    June 23, 2021

    Cybersecurity has been linked to computer use from the first day hackers made an appearance. The coronavirus pandemic has changed the thread of the security conversation like never before. Though remote computing has existed for decades, what was essentially a trickle of workforce participation has turned into a waterfall. With a large workforce operating outside the traditional office, it’s worth reviewing cybersecurity issues from outside the office walls before turning inward.

  • Do you really need a cyber insurance policy?

    June 23, 2021

    You walk into work in the morning and boot up your computer to find a message that your network has been taken hostage. The captors say you need to pay them bitcoin within the next 24 hours or else. When the operation and finance of your business hangs in the balance, this can be a nerve-racking experience, especially if you have never faced it before. You followed the advice on what to do to secure your network, but the worst has still happened — so what now? Hopefully, as part of your technology risk management plan, you have purchased cyber liability insurance.

  • KyCPA Board of Directors: 2021-2022 nominations announced

    May 12, 2021

    KyCPA Board member nominees for terms ending 2024: Jim Stevison, – Chair-elect, Carrie Owens, Lee Ann Watters, Shelby Howell and Adam Davey.

  • KyCPA COVID-19 Quick Pulse Survey results

    May 12, 2021

    This is the final report in a series of benchmarking collaboratives conducted by Avenue M Group (Avenue M) on behalf of more than a dozen state CPA societies from across the United States. At the end of April through early May 2020, 18 CPA societies took part in the first round of a COVID-19 Quick Pulse Survey, and 14 of the societies elected to participate in a second round of the survey in September of 2020. The third and final round of the survey was fielded in January of 2021, and 15 state CPA societies partook in the research. The following report is an analysis of the continued impact of COVID-19 on the CPA profession based on the data collected from these surveys.

  • KENTUCKY TAXPAYER PROTECTIONS' ROLE IN AUDITS AND APPEALS

    April 23, 2021

    As Abraham Lincoln once said, “It is . . . the duty of Government to render prompt justice against itself in favor of citizens. . . .” Calvert Invs., Inc. v. Louisville & Jefferson County Metro. Sewer Dist., 805 S.W.2d 133, 138 (Ky. 1991) (quoting Abraham Lincoln). Equally, in a tax audit, the tax auditor’s job is to determine the right amount of tax, regardless of whether the audit determines that the taxpayer paid that amount, too little or too much.