Tax Practice News
IRS Continues To Expand Taxpayer Services and Online Tools
Quarterly update highlights expansion on individual, business online accounts; Document Upload Tool hits 1 million submissions and more amended returns can be filed electronically. Read more
Jul 26, 2024
Security Summit Urges Tax Pros To Watch Out for Identity Theft Red Flags
The Internal Revenue Service and the Security Summit partners today urged tax professionals to learn the signs of data theft so they can respond quickly to protect their business and their clients. Read more
Jul 24, 2024
A Cautionary Tale for Tax Practitioners
The recent case of Gagliardi v. Prager Metis CPAs LLC (No. 1:23-cv-07454, S.D.N.Y. 2024) has sent ripples through the tax preparation community, serving as a stark reminder of the potential consequences for practitioners to file on time. Read more
Jul 23, 2024
Unlock the Power of Technology in Your Tax Practice: Join Our Exclusive Webinar
Are you ready to revolutionize your tax practice? Don't miss our upcoming webinar, "Building a Tech-Driven Tax Practice” the first in an exciting series designed to help small and medium-sized tax firms thrive in the digital age. Read more
Jul 18, 2024
TJCA May Bring Wave of C Corp Conversions
The potential expiration of key provisions of the Tax Cuts and Jobs Act (TCJA) at the end of 2025 is a critical issue that requires careful attention and proactive planning, and Section 199A is no exception. Read more
Jul 16, 2024