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April 2023

20 | How remote work affected
early-career auditors
A new study delves into both the
upsides and negative impacts of
remote working on the learning
and professional development of
early-career auditors.
26 | Name, image, liability
CPAs’ tax clients may include col-
lege athletes who, after NCAA rule
changes, may need to manage tax 32 | Tax Matters
liabilities on potentially lucrative An educational lesson on UBIT
compensation for commercial use Emotional-distress settlement denied
of their name, image, and likeness. exclusion treatment
Bank deposits analysis upheld

This month’s TOP STORIES

8 | Beneficiary IRAs: A
guide to the RMD maze
Recent law changes governing required
minimum distributions (RMDs) from
individual retirement accounts can
perplex beneficiaries of those accounts.
Here’s how advisers can help.
ON THE COVER AND ABOVE: IMAGE BY FILO/GETTY IMAGES; CENTER: PHOTO BY ANDREYPOPOV/GETTY IMAGES;
COLUMNS
14 | Funding health care when 38 | Technology Q&A
retiring before Medicare 4 | Professional Liability Spotlight Learn how to use a tool that can
Clients who dream of retiring early Mitigating employment practices make the documentation process
but are worried about how to pay liability risks more efficient. Also, see how the
for health care costs until they’re Learn about common employ- new AI tool known as ChatGPT
eligible for Medicare can benefit ment practices liability insurance can help with challenging Excel
from shifting their mindset and claims against CPA firms and tasks such as creating PivotTables
exploring the options. how to help avoid them. and writing macros.
AT RIGHT: IMAGES BY ILLUSTRATOR DE LA MONDE/GETTY IMAGES Member Service Center AICPA Technical Hotline AICPA Tax Section

AICPA: Where to turn

Visit www.aicpa.org/tax to
1-877-242-7212
1-888-777-7077
Or chat with us at www.aicpa.org.
stay current on the latest tax
9 a.m.–8 p.m. ET, Monday–Friday
Chat and phone service available
us.aicpa.org/research/technicalhotline.html
developments and access guidance,
tools, and learning on key topics and
9 a.m.–8 p.m. ET, Monday–Thursday The hotline is available for questions about
accounting, auditing, and attest. A live chat
trending issues.
and 9 a.m.–6 p.m. ET, Friday
journalofaccountancy.com feature is also available. April 2023 | 3