Small firm engagement letters
Engagement letters provide a critical line of defense against scope-of-service liability claims.
Practice management & professional standards
Mitigating risk related to tax reform
While tax planning opportunities associated with the law may be a windfall to a CPA firm’s bottom line, vulnerability to professional liability claims exists.
Client communications protected by Sec. 7525
Knowing when this key protection does not apply is just as important for tax practitioners as knowing when it does.
2018 tax software survey: Individual product survey responses
Online-only: Contact information, basic packages and their features are shown below for the top seven products in the survey.
Tax practitioners are warned to safeguard client data
The IRS warned that it is increasingly difficult for it to recognize fraudulent tax returns as cybercriminals succeed in getting more and more accurate information.
How tax reform is impacting tax practitioners
Tax practitioners usually get to enjoy some down time during the summer. But this year summer may be a little more hectic than usual thanks to the changes brought about by tax reform.
Retaining stellar tax professionals
Retain an all-star staff by providing employees exceptional on-the-job experiences.
Future-proof your tax practice by adding planning services
Consumers are seeking a primary point of contact to address the full scope of their financial needs.
Establishing quality control in a tax practice
Every firm should maintain a system for communicating best practices to partners and staff.
What kinds of tax services result in the most expensive claims?
Deborah Rood, CPA, outlines the four instances where claims can be severe.
Tips on training seasonal staff
Glen Keenan, president of XCM Solutions and Xpitax, explains why training season staff about your particular firm’s processes is vital to success.
How to find seasonal staff
Glen Keenan, president of XCM Solutions and Xpitax, offers tips for successful seasonal staffing, including focusing on training and bringing the staff in early.
The myths of outsourcing
Glen Keenan, president of XCM Solutions and Xpitax, untangles commonly held myths that discourage firms from outsourcing.
Anticipating questions clients may have about outsourcing
Glen Keenan, president of XCM Solutions and Xpitax, shares information about helping your clients become comfortable with your outsourcing returns outside U.S. borders.
The benefits of outsourcing returns
Glen Keenan, president of XCM Solutions and Xpitax, presents two chief benefits of outsourcing returns—improved client service and saving time at your highest billing rates.
Best practices for outsourcing returns
Glen Keenan, president of XCM Solutions and Xpitax, discusses how communication, education, and formalizing your strategy will help you start and build your outsourcing program.
How to deal with a difficult tax season
In this video, Glen Keenan, president of XCM Solutions and Xpitax, presents several tactics for tax season preparation.
What CPAs need to know about their tax software
In this episode, "The Tax Adviser" Editor-In-Chief Alistair Nevius explains what we can learn from this year’s tax software survey.
How to follow the Yellow Brick Road of tax
In this video, Lauren Kovar, CPA/CITP, CGMA, director of Client Advisory & Strategy for Thomson Reuters, shows how CPAs can navigate their way using the Tax Information and Operations framework.
Tax Information and Operations Management: A new paradigm for tax
In this video, Lauren Kovar, CPA/CITP, CGMA, explains why all CPAs need to understand the tax function and its operations and how the field of Tax Information and Operations Management represents a 180-degree turn for tax.
