Top 4 Client Retention Strategies for Your Tax Preparation Business

If you haven’t done it already, this is the perfect time of year to put any one of these top 4 client retention strategies for your tax preparation business into place. Client retention should be a strong, foundational piece in your overall marketing strategy. Some of these strategies can be (and should be) used throughout […]

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3 Best Practices for Setting Up Your Own Virtual Tax Preparation Office

Whether you’re just getting started and don’t have a lot to invest in a traditional brick-and-mortar office set-up or you’re a seasoned veteran making money hand over fist, setting up your own virtual tax office could be a strong choice for you and your tax preparation business. Having a virtual tax office will make it […]

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Top Cryptocurrency Terms Every Tax Professional Should Know

  While cryptocurrency is a little more complicated than the currency we’re used to using, it’s still reportable to the Internal Revenue Service (IRS) for tax purposes.  A Cryptocurrency is a digital asset that is traded and secured using cryptography. You don’t need a bank to trade this currency, you can trade it peer to peer […]

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5 Tips (and 4 Warnings) for Starting Your Own Business While Holding Down a Job

It’s the age-old dilemma: How are you supposed to start your own business (a full-time job itself) while holding down another job already? It’s hard to take that leap of faith knowing that if you leave your current job, you may struggle to pay your bills until your business starts bringing in enough income. It’s […]

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Are Earnings from Cryptocurrency Mining Subject to Tax?

Cryptocurrency is an emerging technology that an increasing number of taxpayers are looking into. While you probably don’t have a lot of clients who use cryptocurrency, it’s important to stay on top of emerging trends. We’ve written before about cryptocurrency and how the IRS views it. Here’s an article by Coincentral.com that take a deeper […]

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