Tax Practice News
Navigating the Talent Crunch: A Tax Practice Manager's Guide
As the accounting profession grapples with a widening skills gap, tax practice leaders must adapt their strategies to build and maintain strong, capable teams in an increasingly competitive market. Read more
Oct 22, 2024
IRS Warns Taxpayers of Charity Scams Following Recent Hurricanes
In the aftermath of Hurricanes Milton and Helene, the Internal Revenue Service today cautioned taxpayers of scammers who use fake charities to gather sensitive personal and financial data from unsuspecting donors. Read more
Oct 17, 2024
Revolutionize Your Tax Practice: Embracing Technology for Success
Small tax practices face the ever-increasing challenge of staying competitive and efficient. The key to success? Embracing the right technology. But with so many options available, how do you know which solutions are best for your firm? Read more
Oct 15, 2024
IRS Introduces Draft Form 7217: Implications for Partnership Distributions
The Internal Revenue Service (IRS) has unveiled draft Form 7217, "Partner's Report of Property Distributed by a Partnership," set for implementation in the 2024 tax year. Read more
Oct 10, 2024
Tax Considerations for AI Research and Development
As artificial intelligence (AI) and machine learning (ML) continue to revolutionize industries, tax preparers face new challenges in navigating the complex landscape of research and development (R&D) tax credits for their clients. Read more
Oct 8, 2024