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Tariffs, Iran, PE, CPA Pipeline, PCAOB, SEC

The Accounting Podcast

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Tax Impacts and AI in Accounting

This chapter examines the effects of tax policies on high-earning professionals, particularly CPAs in states like New York and California, discussing compensation expectations and business uncertainties. It also explores recent changes in tax legislation affecting tipped workers and the implications for accounting practices in light of these changes. Additionally, the chapter highlights the integration of AI in accounting firms and the critical importance of foundational accounting skills for future professionals.

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