February 26, 2014
Fudge a few numbers on a tax return? It's illegal and could set a taxpayer up for some serious fines and penalties but ... 14 percent of Americans say it's not a big deal. Yet at the same time, a vast majority think tax preparer standards of competency are highly important.
February 25, 2014
Quick ways to boost your marketing efforts even during the chaos of busy season
February 19, 2014
The Internal Revenue Service today issued its annual “Dirty Dozen” list of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return preparer fraud.
February 17, 2014
Business startups have a better opportunity for getting financing these days.
February 13, 2014
As an IRS contact representative, Sherelle Pratt was tasked with tackling confused tax filers' most complicated questions.
February 13, 2014
New York Governor Andrew Cuomo said Tuesday that local control of minimum wage could lead to cannibalistic competition among New York communities that would hold back economic growth.
February 13, 2014
A commission charged with reforming Washington, D.C.'s tax code will present recommendations to the D.C. Council that include cutting the income tax rate for middle-class earners and levying a fee on businesses that amounts to $100 per employee annually.
February 12, 2014
It’s the just the beginning of tax season, but most tax professionals likely already have a digital pile of client returns that are “in progress,” and will likely remain that way for weeks or months. Not because the firm hasn’t gotten to them yet, but probably because they are still waiting on clients to send…
February 11, 2014
Effective data management is one of the biggest challenges accounting firms face. Implementing an Electronic Document Management (EDM) system allows companies to reduce costs, improve service, increase productivity, and meet regulatory requirements. Accounting firms who stay with a paper record and filing system are creating a logistical nightmare for themselves, especially during the busy tax…
February 11, 2014
Good compliance management results in stronger financial performance. While that may sound like a truism or generally accepted bit of common sense, a new survey backs it up.
February 10, 2014
The Treasury Inspector General has called the Affordable Care Act the biggest tax act in 20 years. What does the ACA mean to you and your clients?
February 9, 2014
There’s so much nifty tax preparation software out there these days. Don’t you just love the software that allows us to import W-2 data, stock sales data, QuickBooks data, etc.? With all those tools, we barely even have to look at our clients’ documents. But we should!