Tax Section Odyssey

Tax practice resiliency and due dates


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Managing a future-forward tax practice that is efficient, profitable and agile can be overwhelming. Meeting client expectations, streamlining workflows and handling staffing challenges are just some top-of-mind concerns. One resonating topic throughout this year, is also the debate regarding shifting the tax filing deadlines. Will they remain what they currently are or is there an appetite for change?

The AICPA Tax Practice Resilience Task Force, composed of a diverse group of tax professionals, are tackling these issues.

In this Tax Section Odyssey episode, April Walker, CPA, CGMA, Lead Manager — Tax Practice & Ethics, Association of International Certified Professional Accountants, representing AICPA & CIMA, chats with three members of the task force: Chris Wittich, MBT, CPA, Partner — Boyum Barenscheer, Kelly Rohrs, CPA, P.C., Owner — Kelly A. Rohrs, CPA, and Chet Buchman CPA, CVA, CEPA, CGMA, CNC, Managing Partner — Swindoll, Janzen, Hawk & Lloyd, LLC, to discuss the genesis of the group, topics of discussion amongst the members and future endeavors.

What you'll learn in this episode

  • Mission of the task force (1.00)
  • Top practice management pain points (2.20)
  • Tax filing deadlines (5.37)
  • Task force members' viewpoint on changing tax filing deadlines (9.33)
  • What changing tax filing deadlines entails (12.06)
  • Conclusion regarding advocating for tax filing deadline changes (16.24)
  • Potential alternative fixes that could make a difference (18.57)
  • Future ventures of the task force (24.41)
  • Upcoming Zoom roundtable sessions (31.12)
  • Closing thoughts (32.12)

AICPA resources

  • Practice Management & Professional Standards — Browse tax practice management resources and guidance to help keep your firm performing at the optimal level.
  • Reimagining Your Tax Practice Q&A roundtable sessions — Tackle today's top practice management issues with a free interactive virtual Q&A roundtable series. Get innovative advice from our panel of experts on running an efficient, agile and profitable practice.

Keep your finger on the pulse of the dynamic and evolving tax landscape with insights from tax thought leaders in the AICPA Tax Section. The Tax Section Odyssey podcast includes a digest of tax developments, trending issues and practice management tips that you need to be aware of to elevate your professional development and your firm practices.

This resource is part of the robust tax resource library available from the AICPA Tax Section. The Tax Section is your go-to home base for staying up to date on the latest tax developments and providing the edge you need for upskilling your professional development. If you're not already a member, consider joining this prestigious community of your tax peers. You'll get free CPE, access to rich technical content such as our Annual Tax Compliance Kit, a weekly member newsletter and a digital subscription to The Tax Adviser.

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Tax Section OdysseyBy AICPA & CIMA

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