Dos & don’ts when claiming the employee retention credit
Are your business owner clients full of questions about the Employee Retention Credit (ERC)? If so, you know the answers are not always straightforward...
A spring preview: Taxes, politics and the ‘end’ of tax season
Right about now, every tax practitioner is looking for the magical key to help their dealings with the IRS go more quickly and hopefully...
IRS provides ‘State of the IRS’ update
IRS Commissioner Charles Rettig offered a webinar recently providing updates on the most Frequently Asked Questions (FAQ) regarding the state of the IRS right...
From the IRS Newsroom: Filing in 2022, guidance regarding the ERC, National Tax Security...
Below are some of the most recent updates to come out of the IRS:
Get ready for taxes: What's new and what to consider when...
A Pre-Purchase Land Valuation Can Benefit Your Client’s Cost Segregation Study
If you’re a CPA, how can a land valuation benefit your client’s cost segregation study before a real estate purchase?
Land is a non-depreciable asset....
From the IRS Newsroom: IRS Free File Program, Tax Forum Webinars, Oct. 15 FBAR...
IRS Free File program available through Oct. 15
IR-2021-198, October 5, 2021 — The Internal Revenue Service announced today that Free File remains available through...
The Art of the Real Estate Tax Deduction (Part 2)
(In the first part of this article, Mr. Gonzalez discussed how CPA firms can demonstrate their invaluable worth to clients by pointing out how...
The Art of the Real Estate Tax Deduction (Part 1)
As a CPA, are you seeking ways you can demonstrate your unique, value-added worth to clients? Consider introducing your clients to the benefits of...
ICYMI from the IRS Newsroom: Reporting qualified sick and family leave, Deadline for third...
Below are some recent press releases from the IRS Newsroom:
Treasury, IRS issue guidance for 2021 on reporting qualified sick and family leave wages
IR-2021-178, September...
Interest rates remain the same for the fourth quarter 2021
The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning October 1, 2021. The rates will...
Latest article
Implementing the balanced scorecard strategy in your firm
The balanced scorecard (BSC), which first began to be utilized in the 1990s (Blocher, 2022), is a holistic cost management tool that looks at...
Upcoming Webinar: Practical growth strategies you can use
Whether your firm is accounting, tax, advisory or a combination of all of the above, most firm owners want to grow their practices. But...
Your 5-step plan to recovering from the busy season
If you feel like the busy season just keeps getting harder, you are not alone. The last couple of tax seasons have been met...