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Tax Practice News

  • Major Changes to SALT Taxes

    Major Changes to SALT Taxes

    Practitioners often overlook SALT law changes unless specialized, but clients expect awareness. State nexus laws are crucial in tax advisory. Even without sales tax services, SALT law changes can signal nexus impacts. Read more

    Feb 22, 2024

  • Keeping New Clients in the Pipeline

    Keeping New Clients in the Pipeline

    For small tax practitioners, a consistent flow of new clients is vital for growth. Balancing return completion with lead generation during tax season is key. Building a client pipeline year-round ensures continuous business development. Read more

    Feb 20, 2024

  • Creating ‘No Touch’ Tax Returns

    Creating ‘No Touch’ Tax Returns

    No touch tax returns are the way of the future, or the present depending on who you ask. In either case, firms need to be jumping on the bandwagon. Read more

    Feb 15, 2024

  • Giving Strategies for Tax Reduction

    Giving Strategies for Tax Reduction

    Early discussions on estate tax planning and planned giving are crucial for clients considering asset transitions later in life. They can lead to significant savings for clients and beneficiaries compared to delaying until after death. Read more

    Feb 14, 2024

  • IRS updates FAQs for Form 1099-K

    IRS updates FAQs for Form 1099-K

    In an effort to provide more resources for taxpayers during this filing season, the Internal Revenue Service today revised frequently asked questions (FAQs) for Form 1099-K, Payment Card and Third Party Network Transactions in Fact Sheet. Read more

    Feb 9, 2024