Latest Articles

January 25, 2021 

Tax professionals can find the new “Submit Forms 2848 and 8821 Online” on the IRS.gov/taxpro page. Tax professionals must have a Secure Access account, including a current username and password, or create an account in advance of submitting an online ...

January 25, 2021 

The OCR function will save approximately three to five minutes of manual sort time per transaction with accuracy while maintaining current funding processes. For lenders processing thousands of loans at any given time, the OCR feature saves ...

January 25, 2021 

A team of students from Truman State University claimed victory at the Deloitte FanTAXtic national case study competition by presenting the best analysis on a complex, issues-driven business tax case. This year's case challenged teams to advise a new ...

January 25, 2021 

To keep client data safe when working from home this tax season, it is important to understand potential risks when sharing information electronically, and how to manage these risks effectively. Consider the following.

January 22, 2021 

Effective January 1, 2021, nationally ranked Top 50 CPA firm The Bonadio Group promoted six employees to Partner. New Partners include David Dinolfo, Amanda Corona, Grace Gonzalez, Jason Acker and Cathy Johnson in Rochester; and Stephen Turner in Buffalo.

January 22, 2021 

This automation of information will give tax professionals the ability to complete 80% of tax planning for their clients when collecting tax preparation documents. The tax planning calculation covers dozens of strategies, multiple entities, and ...

January 22, 2021 

The pandemic has been devastating to the hospitality industry workforce, which is down nearly 4 million jobs compared to the same time in 2019. While some 200,000 jobs are expected to be filled this year, overall, the accommodations sector faces ...

January 22, 2021 

Armanino LLP, one of the 25 largest accounting and business consulting firms in the U.S., today announced the release of its Benchmarking for Nonprofits solution. By harnessing big data and presenting it in an easy-to-navigate dashboard, nonprofit ...

January 22, 2021 

After a year like none other, it seems that simply surviving is on the agenda of many businesses. However, it is possible to not just survive, but thrive. CPA firms can achieve growth in an ever-changing landscape. There are several steps firms can take to position themselves for growth and flourish. Vision, agility, and resilience...…

January 22, 2021 

Three state chapters of the National Association of Tax Professionals (NATP) will celebrate major milestones in 2021: the New Mexico NATP chapter is celebrating 25 years as a chapter; the Maine NATP chapter is celebrating 25 years as a chapter; and the...

January 22, 2021 

The fastest way to get a tax refund is by filing electronically and choosing direct deposit. Direct deposit is free, fast, simple, safe and secure. Taxpayers can even split their refund to have it deposited into one, two or three different accounts. Eight out of 10 taxpayers get their refunds by using direct deposit. The...…

January 22, 2021 

2020 was such an unexpected year. Even if you saw the pandemic coming, I doubt anyone would have guessed in March that we’d still be talking about it in 2021. Or grasped how much it would change pretty much everything.