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
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How to Improve Time Management in Your Tax Planning Business
As a business owner, how you view and allocate your time plays a major role in the success of your business. When your to-do list
How to Increase Efficiency in Your Tax Planning Business
A key to business growth is finding ways to get more done with less effort. Small business owners are often juggling so many tasks that
Navigating the 121 Exclusion: Tax Planning for Real Estate Income
Tax professionals today need to be prepared to incorporate real estate income into their clients’ tax plans. More and more Americans are starting to use
The Ins and Outs of Real Estate Income: Tax Planning for Short-Term Rentals
Using real estate as a source of income is only becoming more popular with the advent of sites like Airbnb and VRBO that enable homeowners
A Parent’s Guide to Financial Planning for Higher Education
By Susan Doktor See that cooing, cuddly bundle of baby love you’re rocking in the cradle right now? You’ll be sending him or her off
IRS Turning Up the Heat on Reasonable Compensation Compliance
By Paul S. Hamann & Jack Salewski, CPA, CGMA Having a Reasonable Compensation figure that is “reasonable” isn’t enough anymore. With the IRS turning up
Personal Goodwill as a Tax Strategy: 3 Requirements for Using Personal Goodwill to Reduce Taxation
Tax planners can provide tremendous value in the sale of a business. Business owners and shareholders may not be aware of the tax consequences that
Personal Goodwill as a Tax Strategy: 8 Scenarios Where Personal Goodwill can Reduce Taxation
When your client informs you that they intend to sell their business, they may be expecting to simply collect the profits and celebrate. The unfortunate
How to Increase Efficiency in Your Tax Planning Business
A key to business growth is finding ways to get more done with less effort. Small business owners are often juggling so many tasks that
Creating the VIP Client Experience Through Automated Services
When it comes to creating a peaceful and profitable tax practice, there is ONE recipe for success that you can ALWAYS count on: automation! Here’s