Are you managing your clients or are they managing you?
A friend asked me how my Sept. 15 deadline went. And while it was certainly a busy week, I found myself mostly re-organizing my...
Understanding Form 8300
Form 8300 may not be the most well known to a lot of tax preparers, but anyone serving the cannabis industry space has certainly...
Not enough CPAs serving cannabis
On the heels of the AICPA’s "2023 Agriculture and Cannabis" conference, little improvement has been made in the cannabis industry in terms of accurate...
Tax fees on the rise
Multiple studies are done each year to provide reporting on average tax preparation fees across the country. This is also something practitioners frequently ask...
Exploring Debt Relief Options
Debt can be a heavy burden for individuals and businesses alike, leading many to seek debt relief options. For clients facing financial distress, understanding...
How to fast-track your compliances
How many times have you thought, “I want to serve my clients, not write technical documents” when faced with a long list of things you...
Moving to save capital gains taxes? Where do you go?
In the age of Google, our tax clients have devised some of their most creative plans to save on taxes. Some of them are...
5 professional associations you need to join
Where we put our hard-earned dollars from running our practices, especially when we’re running smaller organizations, is no doubt a decision made with great...
Simple estate planning conversations
Not all tax practitioners love the idea of offering estate and trust services and that’s okay. It is difficult to specialize in all the...
Tax considerations to consider when saving for retirement
A good retirement plan is a necessity every generation will face, and the burden of saving is falling more and more on the individual....
Latest article
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...