Tax avoidance versus tax evasion: can you name the difference? The distinction is absolutely essential and can mean the difference between tax savings and jail time. Tax avoidance is the term used to describe legal strategies for lowering your tax bill by structuring your transactions so that you reap the largest tax benefits. Tax evasion, […]
How to Spot a Tax Scam: Tax Avoidance vs. Tax Evasion Read More »
Have you ever had a client bring you a tax strategy that sounded too good to be true? Even if a tax savings idea is setting off alarm bells for you, you may not be sure how to refute it when your client is the one bringing it up with enthusiasm. Of course, in an
Tax Avoidance vs. Tax Evasion: How to Evaluate the Legitimacy of a Tax Strategy Read More »
For this final chapter in our “Ethical Issues” series, consider this question: How much are you charging for tax planning services—and do you think of this as an ethical question? The topic of pricing structures can feel deeply subjective. One tax professional may consider a certain price reasonable given their level of expertise, while another
Ethical Issues for the Modern Tax Practice: Practicing Value Pricing Read More »
“A.I.” is the buzzword none of us can avoid, regardless of the industry we are in—including tax professionals. When it comes to new artificial intelligence technology, the questions of whether to use certain tools and how those tools can be used appropriately can be tricky to answer. Those of us who practice before the IRS
Ethical Issues for the Modern Tax Practice: The Role of Artificial Intelligence Read More »
Discover The Only Tax Certification That Helps
You Make The Switch To Premium Fee Value Based Billing
Long-Term, High-Impact Proactive Tax Planning Strategies Customized Exclusively For You
Copyright © American Institute of Certified Tax Planners. All rights reserved.
