Avoiding 1099 filing issues
It is almost here again. It is hard to think about the upcoming filing season on the heels of Oct. 17, but 1099 filings...
FASB Sets Accounting Method for Crypto Assets
While the Financial Accounting Standards Board (FASB) still has not finalized regulations for crypto assets, the organization has determined that companies should measure assets...
Tax credit planning helps small businesses start employee retirement plans
According to ADP data, 60% of workers consider retirement plans a “must-have” benefit. As employers compete for workers in a historically tight talent market,...
How to help your client ease their Bitcoin pain
Cryptocurrency still feels like the Wild Wild West still when tax preparers are searching for regulations as to exactly how to advise their clients....
Catalyst for Profitability: R&D tax credits for chemical engineers
Do you know that the federal government and many state governments will financially reward your clients for research and development (R&D) activities related to...
Leading the way
At Intuit, our mission is to power prosperity around the world. To aid customers in that regard, Intuit Accountants recently released the results of...
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...
Cybersecurity & Compliance: Is Antivirus Enough?
A question that comes up a lot is, "I have antivirus on my computer. Isn't that enough for whatever I (or anyone else) should...
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....
Tax Planning for Nonprofits: Understanding UBIT and The New Laws
Gregg Bossen, Creator and President of QuickBooks Made Easy, is presenting a breakout session on Sunday, October 24th at 2 p.m. at Scaling New...
Latest article
Finding the right tax season prospects
With plenty of work and not enough preparers, it would seem finding new clients would be as simple as hanging out your proverbial shingle,...
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...
AICPA releases statement on IRS announcement concerning ERC Mills
Following an announcement by the Internal Revenue Service (IRS), the American Institute of CPAs (AICPA) released its response.
AICPA President and CEO, Barry Melancon, CPA, CGMA, says, the latest initiative...