Clearing the Decks

As you prepare to set your minds and offices in 'busy' mode, we've collected a group of articles that will [hopefully] set you on a clear path to an efficient and successful tax season, along with a smattering of "to-dos" and "not to-dos" for the benefit of you and your clients.

Yes, I know how busy your practice can get during these months, especially if you’ve been out of it for a few years. I know the natural...
form w4 guidance
With the busy season in full swing, the IRS has issued a new advisory on tax withholdings for 2018, with some changes taking place starting...
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In light of passage of the Tax Cuts and Jobs Act into law late December, let’s take a look at ABLE Accounts, which are accounts created in...
Most of the provisions in the Tax Cuts and Jobs Act completely change the tax landscape for the 2018 tax year, while some changes...
I’ve previously written columns about deductions for theft losses. Taxpayers whose deductions are disallowed often ask for hearings before...
phishing scams
Beware of resurgence in this type of phishing scam. Last year’s Form W-2 sham that victimized hundreds of organizations and thousands of...
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Here’s a nice little brain-teaser for tax preparers: How much can you help clients who are taxpayers save on taxes by converting them from...
First of all, the truth about professional tax software is that it automatically selects the cash method of accounting for all business...
Like a rite of spring, fraudsters have ramped up their efforts to steal taxpayer and tax preparer information during the tax busy season...
The IRS has released Notice 1036 , Early Release Copies of the 2018 Percentage Method Tables for Income Tax Withholding, that indicates...
form 1023ez
If you have clients with tax-exempt status and you want a simpler way to file their returns, the IRS has found a way. The agency recently...
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Every first week of January, I go through the office singing, set to the Christmas song, It’s the Most Wonderful Time of the Year. The...
Tax season can be the best time of year in your firm or the worst and how you prepare can mean whether your business, profits, and...
The beginning of tax season is always a hectic time for most accounting professionals, but keeping on top of your business during this time...
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I am quasi-famous in this industry, due to all of the writing, and speaking engagements that I do, and as a consequence, I get a ton of...