Displaying: Misc

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…

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Tax Evasion vs. Hollywood Actors

Guest blog post by Mitchell Collins The IRS likes going after Hollywood actors and other famous people for tax evasion because it puts the fear of audit into the hearts and minds of fans everywhere. When the IRS audits popular celebrities or…

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Have Your Clients Done a ‘Paycheck Checkup?’

The IRS has been pushing taxpayers to perform a “paycheck checkup” this week to ensure the correct amount of tax is being taken out. Having too much taken out of your paycheck could mean giving too much of your money to the…

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Influencer Marketing 101: How to Grow Your Tax Business

In 2018, you’d be hard-pressed to find someone who hasn’t used or heard of social media. Facebook is a driving force in the way brands do business. Instagram and Twitter are changing the way consumers discover new products. If you’re not actively…

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Are You Talking to Clients About Cryptocurrency?

You’ve likely heard of Bitcoin. Maybe even Ripple or Ethereum. But have you paid much attention? No, these are not made-up words, they are forms of Cryptocurrency. Crypto what?  A Cryptocurrency is a digital asset (or currency) that is traded and secured…

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How to Price Your Tax Preparation Services

  “The buyer is entitled to a bargain. The seller is entitled to a profit. So, there is a fine margin in between where the price is right.” – Conrad Hilton Ready to start your tax business for the 2018 season but…

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The Importance of Office Holiday Parties

There was a discussion on LinkedIn recently about attending or not attending the yearly holiday office party. These days it seems to be a badge of honor to skip it. Or, you go, but you dread it. Here’s the thing though. Holiday…

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Thankful for Our Family Business

  The Income Tax School is a nationwide online tax school that serves thousands of tax professionals and students each year. While that takes an entire team of employees to run, at its core both The Income Tax School and Peoples Tax…

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Time to Set Year-End Tax Planning Appointments

The holidays are quickly approaching – which for the tax industry means year-end tax planning should be on your radar. Have you reached out to clients yet? It’s important that both individual and business clients consult with you to make tax moves…

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