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AI in Accounting
Artificial Intelligence (AI) has brought about a revolution in various industries worldwide and is set to play a pivotal role in shaping the future...
Is a Court Case Redefining Income
Moore v. United States is challenging certain tax provisions that were originally put into place by Congress in 2017. The 2017 tax law changes...
An AI Powered Tax Season
Insightful Accountant hosts the last Future Forward of 2023 this week. Leading up to tax season, efficiency, organization and preparation are key and Wednesday’s...
FinCEN Set to Begin Enforcement January 1, 2024
The Financial Crimes Enforcement Network (FinCEN), part of the U.S. Department of Treasury is set to begin Small Entity Compliance implementation and enforcement of...
National Tax Security Awareness Week, Day 2: Tax pros reminded about written security plans...
In an effort to safeguard taxpayers against identity theft, the IRS and the Security Summit partners are reminding tax professionals to protect both their...
Top 10 Federal Tax Implications of Rescheduling Cannabis as a Schedule III Drug
In a letter dated August 29, the Department of Health & Human Services made an official recommendation to the Drug Enforcement Administration (DEA) to...
1099-K Delay Announced by IRS
Early last week the IRS announced another in the changes to 1099-K reporting requirements. The requirements have been plaguing tax preparers for the last...
Protect Your Clients, Protect Yourself
The IRS and Security Summit partners have developed the following "Tip Sheet" for tax professionals, businesses, taxpayers
Earlier this year the Security Summit’s Protect Your Clients;...
What’s New for Tax Season?
Tax preparers may get a break this year from last minute law changes. It’s not unheard of for Congress to pass last minute tax...
Help Tax Clients with an HSA
Health Savings Accounts (HSA) are an under-utilized tax planning tool. Especially with rising costs of health insurance premiums and medical care. These pre-tax accounts...
New AICPA Tax Standards
New Statements on Standards for Tax Services (SSTS) take effect January 2024. The new standards include not only revisions but additional new compliance rules...
Training and Events
Save the date: Resorting Your Client List for Better Margins
Tax Practice News will be hosting our monthly "Tax Talk" on Nov. 16 at noon (EST) to discuss this topic in more depth and provide...
Preparing for AI unpredictability
AI is everywhere. Any newsletter you read, or webinar and conference you attend is touching on AI right now and the importance to your...
#CallForChange to help tax professionals reclaim profitability
Ignition, alongside an industry collective of almost 40 accounting leaders, published an open letter, “Stop Underselling Our Worth.”
The industry-wide #CallForChange movement is encouraging firm...
TPN Tax Talks: Tax Breaks From Qualified Opportunity Zones
Tax planning might seem like a no brainer service offering, but are you doing a good job of marketing the value to your clients?...
AICPA, NASBA team to help ease path to CPA licensure
The American Institute of CPAs (AICPA) and National Association of State Boards of Accountancy (NASBA) are teaming up on an innovative post-graduate program this fall in collaboration...
LATEST ARTICLES
Latest article
AI in Accounting
Artificial Intelligence (AI) has brought about a revolution in various industries worldwide and is set to play a pivotal role in shaping the future...
Is a Court Case Redefining Income
Moore v. United States is challenging certain tax provisions that were originally put into place by Congress in 2017. The 2017 tax law changes...
An AI Powered Tax Season
Insightful Accountant hosts the last Future Forward of 2023 this week. Leading up to tax season, efficiency, organization and preparation are key and Wednesday’s...