CPA firms venture into the new decade of serving taxpayers.
Tax Practice Management
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.
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.
A taxpayer’s separate trades or businesses must be determined before calculating the qualified business income deduction.
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.
A well-designed, well-executed, and well-managed mentoring program can be an advantageous investment for a tax firm.
IRS changes are intended to better protect taxpayer data.
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.
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.
Engagement letters provide a critical line of defense against scope-of-service liability claims.
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.
Knowing when this key protection does not apply is just as important for tax practitioners as knowing when it does.
Online-only: Contact information, basic packages and their features are shown below for the top seven products in the survey.
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.
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.
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