Practice Management & Professional Standards

Topics

September 1, 2019

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.

July 1, 2019

Defining a trade or business for purposes of Sec. 199A

A taxpayer’s separate trades or businesses must be determined before calculating the qualified business income deduction.

June 12, 2019

What tax firms need to know now about technology

Artificial intelligence and robots get a lot of attention, but automation and cloud computing-enabled outsourcing are the technology-related terms that should be top of mind for tax practices, according to a session at AICPA ENGAGE 2019 in Las Vegas.

March 1, 2019

Mentoring tax staff

A well-designed, well-executed, and well-managed mentoring program can be an advantageous investment for a tax firm.

March 1, 2019

New tax transcript practice

IRS changes are intended to better protect taxpayer data.

February 5, 2019

How tax reform has changed busy season preparation

Practitioners still have a lot of questions about tax reform — including everything from dealing with binding and nonbinding Tax Cuts & Jobs Act (TCJA) guidance to individual planning considerations. Annette Nellen joins this episode of the podcast to address those issues.

February 1, 2019

Addressing risks related to the TCJA and Wayfair

In this Q&A, experts discuss the challenges CPA firms face from these developments and the steps they can take to mitigate professional liability risk.

November 1, 2018

Small firm engagement letters

Engagement letters provide a critical line of defense against scope-of-service liability claims.

September 1, 2018

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.

August 1, 2018

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.

August 1, 2018

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.

July 10, 2018

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.

June 12, 2018

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.

June 1, 2018