Sometimes someone special walks through your door – someone so special that they make you want to scream in frustration. I’m talking about the problem client – also called the toxic client. We’re talking about that person who does nothing but cause…
Displaying: Operating Your Tax Business
Are You a Leader or a Boss?
In case you missed it, October 15th was National Boss Day, a day for employees to celebrate and honor their bosses. The holiday caused me to pause and think about the term “Boss” and what it meant. Reflecting on that, I was reminded…
3 New Tax Reform Changes Most Likely to Impact Your Clients’ Business
Of the 100+ provisions in the Tax Cuts and Jobs Act (TCJA, or the Act) that take effect this year, there are specifically 3 new tax reform changes most likely to impact your small business clients. As a certified tax preparer, you’re…
Plan Now to Make Tax Season Easier for You and Your Clients
Right now, you have a small window of time between when summer ends and before the holidays begin to grab the attention of your clients and get yourself prepared for what will undoubtedly be a wild tax season. This upcoming tax season…
Do You Have What it Takes to Own Your Own Tax Business?
Have you been dreaming of flexibility? Of being your own boss… Setting your own hours… and owning your own business? It’s true, business ownership is not for everyone. But it’s also not as out of reach as you may think. Everyone is…
Are You Talking to Clients About the New For W4?
As you know, this year we welcomed a new Form W-4 with the new tax law. While the IRS is not requiring employers to obtain new W-4s from employees, it’s definitely something employers need to be aware of. Your W-4 is what…
Tax Season Is Over but the Self-Employed Still Need Your Help
If self-employed individuals are not on your radar, perhaps they should be. New research from Intuit Self Employed uncovers some very telling facts about this segment of taxpayers: 36% of self-employed workers admit they don’t pay taxes. Nearly 1 in 10 self-employed workers…
3 Easy Ways To Destress After Tax Season
The tax deadline may be in the past but we all know there’s still work to do. The good news is that the influx of people who need things last minute is on a downturn and the end of the season is…
Blockchain and Accounting
Last week we talked about how the IRS views cryptocurrency, this week we’re talking about the platform cryptocurrency is built on: Blockchain. Why do tax preparers and accounting professionals need to know about Blockchain? Because the technology has the potential to change…
Don’t Believe These Myths About the New Tax Bill
There’s a lot of information out there about the new tax bill. But not all of it is true. Here are 9 myths to look out for and the truth behind them. Be sure to share these with your clients! MYTH #1…
Why Tax Pros Shouldn’t Panic Over the New Tax Bill
While most Americans have been relaxing and enjoying the holiday season, the tax industry has been vigorously studying the new tax bill. Yes, there’s a still lot up in the air regarding how this coming tax season will go down but there’s…
IRS Tips for Holiday Security
The IRS wants to remind holiday shoppers to remain vigilant with their personal information this holiday season. That means you should be communicating with clients to ensure they stay vigilant this December. In the hustle and bustle of finding the best deals…