Practice Management & Professional Standards

Topics

May 1, 2024

Time for a tax practice tune-up

Building on busy season’s lessons learned, CPAs can turn to optimizing performance going forward.

February 23, 2024

FinCEN guide lists rules for some financial institutions’ access to BOI

The rules in the Small Entity Compliance Guide apply to access for some financial institutions and cover security and confidentiality, authorized use, administration of requests, and violations.

February 1, 2024

How tax practice standards affect CPAs

Recently revised AICPA standards and other tax practice rules may apply to CPAs in unexpected circumstances.

January 1, 2024

Tips for a better tax season

Practitioners should address tax provision changes and practice management issues.

December 1, 2023

End-of-year financial and tax considerations

With 2023 coming to a close, the time is now for clients to take stock of opportunities to reduce their taxable income and plan for their financial future.

December 1, 2023

IRS and Security Summit urge tax pros to protect clients and themselves

Perennial campaign focuses on security of taxpayer data, including in practitioners’ records and systems.

August 1, 2023

2023 tax software survey

CPAs assess how their return preparation products performed.

August 1, 2023

Cybersecurity for tax pros

John Sapp, CPA, Chief Revenue Officer, Drake Software, discusses some ways tax professionals can protect their clients’ data and prepare for the worst.

January 1, 2023

CPAs rev up for a new tax season

While 2022 returns are relatively unaffected by recent
tax law changes, a few new issues will require preparers’ attention.

December 1, 2022

Proposed AICPA tax standards address new concerns

CPAs are encouraged to comment on the proposed standards.

November 1, 2022

Ask the Expert: The rise of contactless tax services

John Sapp is the chief revenue officer at Drake Software, one of the largest professional tax software companies in the nation. As a certified public accountant since 1987, he has considerable experience in public and private accounting for the technology industry.

October 1, 2022

How to go easier on staff during busy season

Many firms across the country have begun to abolish
requirements for high-hour workweeks during busy
season. Here’s how they are doing it.

August 29, 2022

Proposed revisions to the AICPA tax standards

The AICPA released proposed revisions to the SSTSs for public comment on Monday. The proposal includes new standards on data protection, reliance on tools, and representation of clients before taxing authorities.

August 10, 2022

Guide released for tax pros’ information security plan

A downloadable booklet describes the Gramm-Leach-Bliley Act’s safeguards rule and includes a template for a firm’s required written information security plan.

August 1, 2022

2022 tax software survey: Shares of respondents and product and company information

Bonus: The percentages for all products, including a breakdown of their usage among firms ranked by ranges of numbers of preparers, in the 2022 tax software survey.

August 1, 2022

2022 tax software survey

CPAs assess how their return preparation products performed.

July 1, 2022

Ask the expert: The value of tax advisory services

Catherine Tindall is the founder of Dominion Enterprise Services. She specializes in advanced tax reduction and works with customers to help them save money on taxes while advancing their wealth-building and life goals. She is enthusiastic about helping clients reduce their overall tax burden through proactive strategies and advising.

May 17, 2022