Technology

IRS_building.jpg_10964131

October 30, 2015 

IRS Drops PTIN Fee to $50

The fee for new PTINs and renewals will be $50, down from $64.25 and $63, respectively. The agency also reminded return preparers of major upcoming changes regarding which tax return preparers can represent clients in matters before the IRS.

Go Paperless 1  55d5dcb1f2a37

October 30, 2015 

Paperless Choices for the Firm and Your Clients

This year we’ve had the pleasure of recommending software programs for accounting, payroll and other critical areas of your practice. Now is the time to consider your paperless or Document Management Solution (DMS) needs. You’ll find that our ...

Randy Johnston

sales-tax-jurisdictions1_11675389

October 28, 2015 

CPA.com Partners with Vertex SMB for Sales Tax Solutions

Businesses that sell online or operate in multiple states can find it daunting to stay compliant with ever-changing regulations from a host of jurisdictions and taxing authorities. Vertex SMB’s tax calculation and returns platform helps CPA firms and ...

Tax prep fees 2015 552fea24dea92

October 28, 2015 

Average Income Tax Preparation Fees Increased in 2015

The average cost of a professional income tax preparer to handle a "typical" 2014 tax return (the one filed by April 15, 2015) was $273 this year. This includes an itemized Form 1040 with Schedule A and a state tax return, according to the National ...

Tax ID Theft 1  54d6d07eafd9c

October 27, 2015 

Thomson Reuters Offers New Guide On Tax Identity Theft

According to the Federal Trade Commission, identity theft is the fastest growing crime in America, with the number of identity theft incidents nearing 10 million a year. In a recent Thomson Reuters survey, 92% of the tax professionals who responded ...

conference3 1  561bc063466e2

October 2, 2015 

Handicapping the Accounting Conferences

When you choose to devote time to attending a conference, I hope you approach it with the enthusiasm I felt and still feel – the opportunity to learn from the pros, improve your skills, share in spirited conversations about the accounting profession...

Gail Perry

AICPA logo 1  5628ff036e914

October 22, 2015 

2015 AICPA Governing Council Recap

The AICPA governing Council's fall 2015 meeting took place this week and focused on the profession’s resilience and relevancy in a time of ongoing complexity and change. Several presentations helped Council members explore the need for the ...

10 commandments 3  5630f93ec508a

October 22, 2015 

The 10 Commandments of the Successful CPA

What you do learn in 40 years or so is what separates a successful CPA from one that struggles every year with mediocre clients and profits. My list of successful attributes is what I like to call the 10 Commandments of a successful CPA starts with ...

Dave McClure

Tax ID Theft 1  54d6d07eafd9c

October 22, 2015 

IRS Working with States and Tax Companies to Prevent ID Theft

As part of the Security Summit process, members from the IRS, states and industry are co-chairing and serving on several teams. The teams have focused on a number of areas including improved validation of the authenticity of taxpayers and information ...