Taxes August 5, 2026
Protecting Non-Resident Clients From the $25,000 IRS Form 5472 Trap
Proactively navigating these rules protects your clients from staggering penalties while establishing your firm as an essential cross-border advisor.
November 28, 2017
7 Tax Tips for Year-End Charitable Donations
Under sweeping tax reform proposals being discussed in Congress, millions of taxpayers may no longer be itemizing tax deductions in 2018. This creates an added incentive to bolster 2017 donations.
November 28, 2017
Tax Identity Theft and Your Clients: 5 Steps to Finding Peace
With the Equifax data breach exposing the personal identifiable information (PII) of 143 million Americans this year, we will need to be prepared to receive and answer more concerns than ever from our clients about tax related identify theft this ...
November 22, 2017
Cannabis and Taxation – Where We Stand Today
For those of you that are in the cannabis industry or just starting out, you have no doubt either been hit with a large tax bill or you are about to be. However, it doesn’t have to be that way. There are many steps that you can take legally just by ...
November 21, 2017
Growing Your Accounting Practice, Part 2
As you consider the right way to expand your practice, consider adding tax compliance as another pillar in your firm’s lineup of services to bring in a new source of ongoing, recurring revenue.
November 21, 2017
Growing Your Accounting Practice, Part 1
Most firms recognize the importance of developing innovative new service offerings. Indeed, almost 50 percent of firms surveyed are looking for change and growth in the near term.
November 21, 2017
A Step Into the Future of Cloud Accounting
As a cloud-based accounting firm, we are major proponents of using modern technology to better serve our clients and build a stronger business. Peering into the future of the accounting industry and anticipating its potential impacts is an important ...
November 21, 2017
Will New Use Tax Laws Kill Tax Free Shopping?
Recently, Scott Peterson, Vice President of U.S. Tax Policy and Government Relations for Avalara, conducted a Facebook Live Chat to discuss use tax laws and shipping. This is a topic CPAs and accountants should know more about - not only to educate ...
November 21, 2017
New Sales Tax Reporting Requirements for Remote Sellers
As state and local tax authorities continue to pursue lost sales tax revenue from out-of-state business e-commerce, a new enforcement approach has emerged. Referred to as “reporting laws,” these statutes require out-of-state sellers with no sales tax ...
November 21, 2017
Building Client Relationships in a Distributed World
While there are clear benefits, cloud-enabled accounting solutions have greatly reduced or eliminated the need to interact directly with clients. Gone are the days of visiting client sites to help them process paper checks, or receive their paper records.
November 20, 2017
What is Nexus for Sales Taxes?
Each state, and sometimes each jurisdiction within a state, has different standards for when a company is required to collect and remit sales tax. The legal term for this requirement is called nexus. Learn the basic concepts behind nexus and your company’s relationship with taxing jurisdictions.
November 20, 2017
How Automated Sales Tax Compliance Works
Skip the line. In three, easy steps we will get you started with Avalara’s premier sales tax automation and compliance software. Find out how, today.
November 16, 2017
House Passes Tax Reform Plan – Senate Prepares for Fight
House Republicans approved their sweeping tax-cut package Thursday, setting up a showdown with the Senate, where Republicans are struggling to take a different approach.