Ethical Concerns in Using Tax Planning Software

What are my ethical responsibilities when I use software to produce a tax plan? In the world of taxes, there are many ethical issues that

Recent blogs

The Pass-Through Entity Workaround to Beat the SALT Limitation

In the past year, several states have created a pass-through entity tax (PET) to circumvent the $10,000 cap for the state and local tax (SALT)

Tax Advantages of IRS Form 3115 – Request to Change…

What is Form 3115? According to the IRS, the form is filed “to request a change in either an overall method of accounting or the

Commonly Asked Section 139 Plan Questions

Is there a cap on how much an employer can provide to an employee as a qualified disaster payment? No, the statute states that as

Qualified Disaster Payments and Code Section 139

What is a Qualified Disaster Payment? During these challenging times, laws have been passed to create relief for businesses and their employees. For example, under

Three Reasons Why Your Tax Plans Aren’t Selling (& What to Do!)

Here are three common problems and their solutions to help you develop a successful and strategic tax planning sales pitch. Reason #1: “I have trouble

TCJA’s Change in Definition of Small Business & What it Means for Clients

Did you know? The Tax Cuts and Jobs Act has amended the definition of a small business (Code Section 448). The TCJA allows small businesses,

Help Your Small Business Clients Avoid an IRS Audit

As a tax professional, you are well aware that every one of your business clients has two main goals at tax time: Calculate as many

Pro’s and Con’s of Starting and Growing an Accounting and Tax Business

Whether you’re just entering your accounting career or reinventing a tired business, the road ahead can seem quite long. Starting and growing an accounting and