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Tax news
This Week in Tax
Income Tax The numbers were released from the Department of the Treasury, showing a $225 billion shortfall in revenue due...
practice management
Training & Events
Coaching Corner: Tax Rep LLC
NE IRS Rep Conference, 2018: Caroline Ciraolo, Acting Asst. Attorney General, Dept of Justice Tax Division and Eric Green
Opinions
State of the Union: Regarding Tax Resolution Marketing for 2020
I don’t think there is a better time than in the past eight years to get into the tax resolution business than now. I...
Most popular
New 20% Deduction for Schedule C Filers
There’s a lot of confusion and buzz around the new 20% deduction for small business owners. Who does it apply to? How does it...
Deep Dive: IRS Criminal Investigations
Although the list of activities performed by agents of the IRS are numerous, they all share a...
Highlights from Powerful Accounting
Well, we are almost four weeks into Tax Season and I decided to look at where we stood last year with filed tax...
5 Key Tax Workflow Tips for the 2019 Tax Season
As the start of the filing season approaches, put some time into identifying those pain points you experience in this tax season...
The Tax Strategist
Shifting Sands: Why Now Is the Time to Build Your IRS Representation Practice
The rise of artificial intelligence (“AI”), the increased standard deduction, and the commoditization of 1040s has reduced the perceived value of the...
Tax Season Adjustments & Successes
There will always be adjustments that need to be made during tax season even though we think we are fully prepared. As we...
How do you take on a SFR Settlement Case?
This Tax Problem Resolution client was a non-filer who owed the IRS $75,000 and was facing enforced collection due to tax returns...
Topics to Discuss with Business Clients This Tax Season
Here we are! Only two weeks away from the official start of filing season. As we here at Powerful Accounting are getting ready for...
Tax Practice of the Future: Lead with Tax Planning
Once your firm has aligned on a compelling vision, the next step in your transformation journey is to update your services to...
Humans of Tax
Tax Season in the Eyes of an Intern
This past tax season was the first time I was able to participate in tax season. Before my first day, I expected...
LATEST ARTICLES
Latest article
To Cloud or Not to Cloud
Yes. The End! Just kidding, let’s dig into why some firms have been reluctant to adopt cloud technologies and...
Tax Practice of the Future: Create an Advisory Workflow in the Cloud
Creating an advisory workflow in the cloud is the second pillar common to leading firms on the journey to create their ideal...
My Top 10 Frivolous Tax Arguments
Every year the IRS releases the Dirty Dozen Tax Scams. Along with it, they list out the most frivolous tax arguments. This...