It’s important that employees feel safe within their environment. After all, the workplace is where they spend a good majority of their time, and everyone deserves to feel respected and secure. However, as business owners, we often come face-to-face with toxic employees…
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20 Advantages of an Online Tax Course vs. a Live Tax Class
eLearning is the greatest revolution in education. It has created radical changes in our education system and opened great opportunities for everyone who wants to obtain more knowledge or learn new skills. Here are some of the advantages of learning tax preparation…
Is Your Wordpress Website Up-to-Date?
If you’ve got a website, we’re willing to bet it was built on Wordpress (ours is). As one of the most popular content management systems on the market, Wordpress is relatively user friendly with lots of great themes and plugins for optimizing.…
Tax News Recap: New Forms, Cybersecurity, and Career Opportunities
It may not be tax season, but it sure does feel like it with all the tax news and updated information from the IRS! Have you been paying attention? Don’t sleep on these important tax news headlines. New forms This month the…
Tax Firm Cybersecurity Checklist
Is your tax firm cybersecure? Are you following the best practices to ensure that your business and client information is protected? Cybercriminals are on the prowl. No matter what the IRS and other tax software companies do, they are always trying to…
Celebrating 31 Years in the Tax Business
We’re excited to announce that on September 1st, The Income Tax School will be celebrating it’s 30th Anniversary! That’s right, we’ve been teaching taxes and opening the door to tax business ownership for 30 years. What many people don’t know, is that…
IRS to Virtual Currency Owners: Pay Up
Time to open up your [virtual] coin purses and pay up! The IRS is done with the warnings and is ready to collect. They’ve been collecting information and doing research since 2018. Back in March of 2018, they convinced Coinbase, one of…
Advocating for the EITC and a Tax ‘Subway Map’ in Latest IRS News Release
In a straightforward, plain-talking news release (which is refreshing from the IRS), the Taxpayer Advocate Service (TAS), an independent organization within the IRS that helps taxpayers and protects taxpayer rights, released two important items: A special report on how better to administer…
Tax News Recap: CPA Wins, Changes in California, E-File Fraud and More
Wind in your hair and sand between your toes, that’s how most people would describe their Summer vacation. But a Tax Pro’s job is never done! Here’s what’s been happening in the tax world this July. IRS Tax Forums Underway The IRS…
Critical Security Best Practices
The IRS recently released a new “Taxes-Security-Together” Checklist with their Security Summit partners. The list is to help tax professionals review critical security steps to ensure they are fully protecting their computers and email as well as safeguarding sensitive taxpayer data. Although…
The 3 Most Misunderstood Parts of Setting up Your Tax Prep Business
If you’re doing it right, a lot goes into setting up your own tax preparation business. (Yes, it can be daunting, but that’s why we take you through it step-by-step beyond just learning HOW to become a tax preparer.) However, by far,…
How AI Is Reshaping the Accounting Industry
Artificial intelligence is on the rise and affecting all industries globally, including accounting. Artificial intelligence is all about extending what the computer is capable of doing to another level. It allows systems to make predictions and changes accurately, similar to human beings.…