September 2021

Tax laws continue to evolve and add new complexities to business operations. As a result, stakeholders expect their CPAs or internal tax professionals to be prepared for anything. However, as most accountants know, it is impossible to specialize in ...

Unless something drastic changes in tax law or financial regulations, your clients will continue to need tax returns and financial statements. These continue to be profitable areas in an accounting firm, even as advisory services take up a growing ...

It’s said that digital transformation is a journey rather than a destination. But it’s not all a smooth, consistent ride, as the pandemic has proven. It was digital technology that was forced into rescue mode as it helped us adapt quickly to ...

AICPA News is a round-up of recent announcements from the American Institute of CPAs.

Sales tax management can be particularly confusing for businesses that sell merchandise in more than one tax jurisdiction, as is the case with most online sellers, who frequently sell in all fifty states, as well as in many global destinations.

With the Delta variant and the end of summer ensuring that we’re still a long way off from “back to normal,” whatever that even means at this point, most firms will be dealing with a hybrid work environment for at least the rest of the year.

Over the last few months, there have been a number of new features and improvements in QuickBooks Online Payroll, all designed to make it easier for you to help your clients manage the payroll process in QuickBooks Online.

Even as we move into the so called “new normal”, one thing remains constant: working too much. Many accountants always have, and seemingly always will, work long and stressful hours.

Some form of a national, paid family and medical leave program is supported by a majority of U.S. workers. One of the findings supporting the proposed 2019 Family Act was that such a program “has the support of more than eight in ten voters across ...

It is nice to see the last few stressful years fade in the rearview mirror. With the Tax Cuts and Jobs Act (TCJA), handling the pandemic, PPP, PPP2, and the changes in tax deadlines, most practitioners report that these years have been among the ...

As tax and accounting practitioners start or grow their practices, many create a one-size-fits-all service model. “Any client is the right client,” but this approach soon becomes problematic when they realize they are a jack of all trades without a ...

During 2020, webinars skyrocketed. Were you a bit envious of your colleagues promoting their new, shiny lead generation tool? If so, you too can use webinars to drive leads and impact the bottom line.

“What is most important to you today?” By asking your clients what’s on their minds today, you can tackle head on their most pressing problems first.

Change is afoot as we come to the end of 2021. As COVID-19 relaxes its stranglehold on the United States, states are considering how tax policies can be adjusted to help mitigate the worst effects of future crises.

Finding the perfect client is impossible, because the perfect client does not exist. Having been in the accounting field and tax profession for 30+ years, I’ve learned to end my pursuit of chasing clients who deliver their tax documents ahead of time...