Cannabis Multi-State Operators and Nexus
Multi-State Operator (MSO) is a term that has become specific to the cannabis industry. Regulations in cannabis that require very specific licensing, on a...
A Look at Proposed Legislation: Last Minute 2020 Curveballs
Well, I do not know what would be more 2020 than a last-minute legislative action that would change some of our carefully planned yearend...
A Practitioner’s Cannabis Dictionary – Key Industry Terms Defined
As the cannabis industry continues to expand and laws change, more practitioners are looking to start serving the industry. While 2020 was wrought with...
Purpose and Taxes: The Significance of Two Opposing Assets
As a member of the tax community, I am particularly sensitive to the phrase, “The devil is in the details” as so much of...
National Tax Security Awareness Week opens with warnings to tax pros and taxpayers as...
The Internal Revenue Service and the Security Summit partners today issued warnings to all taxpayers and tax professionals to beware of scams and identity...
Four Steps to a Tax Advisory Business Model
Compliance, advisory performance, and advisory strategy are the main component of accounting services. Most accounting firms and accountants focus on compliance. While it’s still...
IRS Issues Rev Rul: Year of Deductibility for Expenses Paid with PPP Dollars
The IRS issued Revenue Ruling 2020-27 that addresses when a borrower should exclude the expenses used to obtain forgiveness of their payroll protection program...
Tax Preparer to Advisor: Four Places to Start
We keep hearing that we are all supposed to be these amazing resources to our clients, advise them on all these business decisions and...
It’s Time to Renew Your PTIN for 2021
I know it's hard to believe, but tax season is right around the corner! With that being the case, it is imperative that you...
Q+A: 1040 Tax Automation and Your Firm
What is GruntWorx?
GruntWorx 1040 tax automation and organization technology eliminates the tedium of manually converting paper documents to digital files by automating data entry of federal...
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Gain More Clients This Tax Season
If the thought of expanding your tax practice this filing season is giving you anxiety, not to worry! Just check out my most recent...
Technology to Support Touchless Service This Tax Season
Much like last year, the 2021 tax season will not just be business as usual. With the pandemic still keeping people at home and...
Communicating Tax Season 2021 to Clients
We are in the midst of an overwhelming tax season. The significant number of tax law changes coupled with the late start to e-filing...