Firm Management October 23, 2026
The Future of Your Tax Practice is Connected. Here’s Your Path Forward
Connect your team, clarify next steps, and cut the chase—so your practice grows. Here’s how.
April 1, 2015
Taxpayers May Be Able to Deduct a Relative’s Medical Expenses
Don’t forget to include medical expenses the client pays on behalf of a relative such as an elderly parent in a nursing home or a child who graduated from college last year. Little-known fact: It may be possible to add qualified expenses paid for a ...
March 31, 2015
AICPA Recommends Reforms to Business Income Taxes
The American Institute of Certified Public Accountants has sent a letter to the Senate Finance Committee Tax Reform Working Group on Business Income Tax that makes suggestions about how to simplify business income tax.
March 30, 2015
How to Maximize Small Business Tax Deductions
According to the Q1 2015 Spark Business Barometer from Capital One, 55 percent of small business owners are very confident they are taking advantage of small business tax deductions, but what about the other 45 percent?
March 30, 2015
10 Things Accountants Wish Their Clients Understood
Tax season can be a scary time for many taxpayers, but it's mostly because of a lack of knowledge. It's a fear of the unknown: Will they owe taxes, will the IRS come after their business, etc.
March 30, 2015
How to Take A Weekend Trip Home and Get a Deduction
An employee’s company may be glad to pick up the tab on a weekend trip home if you’re staying in a place where the cost of lodging and meals is high. The trip home might cost less than the expense of putting you up in a pricey hotel.
March 30, 2015
Accountants Tell Congress That Tax Reform Must Come Soon
The nation's largest society of professional accountants is telling Congress that tax reform isn't just something to think about, it's something needed soon.
March 27, 2015
4 Ways to Protect Your Identity This Tax Season
Tax season is here, and that doesn’t just mean refunds — it also means an increase in identity theft. In fact, tax identity theft has been constantly increasing over the years with more than 1.6 million taxpayers affected in the first six months of 2013,
March 27, 2015
Charity Volunteers: Step Forward and Claim Your Tax Deductions!
Do you have clients who are dedicated to working on behalf of a charity? Although they may go out of their way to support their favorite cause, they may not be getting a tax deduction for the blood, sweat and tears they expend.
March 27, 2015
How to Make 2015 the Best Tax Season Yet
Accountants and CPAs are in the middle of the industry’s hottest season, and staying above the stress in a time of relative chaos can be a challenge to say the least. Long hours, looming deadlines and mountains of data can drive people to the edge ...
March 27, 2015
New Research Portfolio Covers Sweeping Changes to New York Corporate Income Tax Laws
The release of New York State Corporation Income Taxes After 2014 coincides with the 2015 effective date of the state’s comprehensive overhaul of its corporate income tax.
March 25, 2015
IRA Contributions Give Taxpayers a Valuable Tax Benefit – But Watch the Calendar
As you’re working through federal income tax returns of clients during the home stretch, you hold a veritable ace up your sleeve: the IRA contribution. For clients who qualify, a contribution made by the tax return due date – April 15, 2015 for ...
March 25, 2015
5 Tax Tips for Taxpayers with Household Employees
It's no fun for tax professionals to fix client mistakes during an already busy tax season, so here are a few helpful tips you can pass along to your household employment clients to keep them on the right path year-round.