As a proactive tax planner, you know that tax planning involves so much more than checking the compliance boxes. A big part of the value you offer is your ability to assess the client’s whole financial situation—past, present, and future. Whether you are filing an amended tax return to claim a missed deduction for a […]
Using Value Pricing in Your Tax Practice: Understanding Contingent Fees Read More »
What differentiates a proactive tax planner from a reactive tax planner? A reactive tax planner typically focuses on two things: compliance and mitigating problems. The yearly tax return can end up being a “check the box” exercise, and further work is only done if the client comes to you with a problem to solve. Proactive
Using Value Pricing in Your Tax Practice: Understanding Unconscionable Fees Read More »
Artificial intelligence is having a heyday that is not likely to end anytime soon. The ease with which you can conduct research, analyze data, and compose communications can make A.I. tools alluring, especially to busy entrepreneurs. How can you balance the use of these time-saving tools with the ethical responsibilities that come with running a
Using Artificial Intelligence in Your Tax Practice: The Importance of Due Diligence Read More »
Tax season is the time of the year most business owners value their CPA the most. And while accurate and timely reporting and filing is certainly important, it’s also just the tip of the iceberg when it comes to strategic tax planning. If you’re feeling like you’re always reacting at tax time instead of proactively
5 Signs It’s Time to TRADE UP Your CPA for a Certified Tax Planner Read More »
Love it or hate it, artificial intelligence seems to be here to stay. In a profession like tax planning where compliance is of the highest importance, what role, if any, should A.I. play? This is not just a question of preference but also a question of ethics. In some situations, A.I. can be appropriately used
Using Artificial Intelligence in Your Tax Practice: Applying A.I. to Tax Research Read More »