CPAs must understand the significant risk that emanates from “too good to be true” tax strategies even if they “just make introductions,” provide tax consulting services, or prepare returns that reflect these strategies.
Practice management & professional standards
Now that most taxpayers may obtain an identity protection personal identification number, should they?
CPAs share their thoughts on how to help clients through changes in households.
Learn what CPA firms can do (and should not do) to assist those defending tax professionals against professional liability claims.
Firms need to have technology in place to enable virtual interactions with clients.
Alistair M. Nevius, J.D., editor-in-chief, tax -- AICPA Magazines & Newsletters, discusses results of the annual tax software survey.
CPA tax preparers take stock of an indispensable tool of the trade.
Bonus: The percentages for all 13 products, including a breakdown of their usage among firms ranked by ranges of numbers of preparers, in the 2020 tax software survey.
The IRS provided information and tools that tax practitioners can use to inform individuals who are eligible to receive economic impact payments but did not receive one automatically.
AICPA rules are expanded to cover situations that arise in all tax services, not just federal tax services.
Eustis Corrigan, CPA, senior managing director at CBIZ MHM in Memphis, Tenn., a veteran of more than 30 tax seasons, shares what his firm does to support staff during busy season.
Consider these ways to protect billable time while cultivating new clients.
CPA firms venture into the new decade of serving taxpayers.
The IRS places fresh emphasis on tax preparers’ responsibilities under the Gramm-Leach-Bliley Act safeguards rule.
See what “bots” can do for tax practices and departments.
An AICPA task force is evaluating how these key guidelines for tax practices need to be updated to account for changes in technology and law.
Today’s tax firms must be vigilant against cyberthreats.
Bonus: The percentages for all 13 products, including a breakdown of their usage among firms ranked by ranges of numbers of preparers, in the 2019 tax software survey.
Learn how the industry-leading products stacked up in CPAs’ estimation through a tax season with many far-reaching law changes.
When choosing and implementing new technologies, a firm must involve team members at all levels in the process and provide essential training.