Income Tax
Latest News
Carr, Riggs & Ingram Adds ProSport CPA
Review of SuiteFiles – The Accounting Technology Lab Podcast – August 2024
Avalara Adds Generative Chat to Bolster Support and Product Experiences for Customers and Partners
What Can be Done About the Accounting Talent Shortage?
Congress Wants More Control Over IRS
Congress may have more to say about how the IRS “runs its business” in upcoming years. Four new bills marked up and passed on April 13 by the Ways and Means Committee, the tax-law writing body of the House, would dictate IRS certain practices, if enacted.
![april 18 1 555cb582e5606](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/21656/april_18_1_.555cb582e5606.png)
Very Last Minute Tax Filing Tips
We can’t go back in time and start doing our taxes earlier, but perhaps we can look forward to the passing of the recently introduced Tax Filing Simplification Act of 2016, which promises to simplify and decrease the cost of filing our tax returns.
![motivate 1 56fae891d218d](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/21522/motivate_1_.56fae891d218d-768x667.png)
6 Employee Motivation Tips To Close Tax Season Strong
The home stretch of tax season means heavy workloads and long hours for accountants. This time of year, nerves are frayed and tensions are high. It’s no walk in the park for managers either. In addition to your client load, you’ve got to keep your ...
![tax form 1 56fae4472fed2](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/21516/tax_form_1_.56fae4472fed2-768x503.png)
3 Income Tax Surprises and Their Warning Signs
Wouldn’t it be nice if our clients contacted us before making any type of financial transaction with a tax consequence? Unfortunately, many of us as tax advisors are out of sight, out of mind, and out of the loop most of the year, leaving our ...
![april 18 1 555cb582e5606](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/21656/april_18_1_.555cb582e5606.png)
Last Minute Tax Filing Tips
Although taxpayers have a few extra days to file their returns this year, by midnight on April 18th instead of the usual April 15th deadline, the clock is ticking for those waiting till the last minute.
![Ordering Graph 1 5703f87962381](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/21576/Ordering_Graph_1_.5703f87962381-768x512.png)
Tax Pros Focus on BBQ During Tax Season
Though finance industry professionals tend to order salads and lighter Mediterranean food throughout the year, all that goes out the window during busy season. Barbecue, which makes up only 3% of total orders throughout the year, is ordered twice as ...
How Employee Dishonesty Bonds Can Save A Small Business
Also known as commercial crime bonds, it can be difficult to grasp their importance for the smooth operation of business. They are a type of fidelity surety bond that protects your business from dishonesty, fraud, theft, forgery and embezzlement that ...
![health care deductions 1 56fd533b41dfb](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/21552/health_care_deductions_1_.56fd533b41dfb.png)
Medical Tax Deduction for Seniors Rising to 10% Threshold
They may not know it, but this may be the last year that some of your older clients will be able to claim a medical expense deduction.