Preparing taxes for a variety of businesses requires a lot of time and effort for accounting firms. Using professional tax software is a great way to streamline this entire process while keeping everything well-organized. Choosing to use professional tax preparation software with bank products is an excellent investment that offers numerous features. These bank products…
Remote accounting jobs were already on the rise before the COVID-19 pandemic altered the workplace. Allowing employees to work from home offers immense benefits, and it will only continue to grow in the future. Cloud computing also makes it easy for remote accountants to perform various tasks from their computer or mobile device. While remote…
Tax season might be over but we are still seeing updates roll out, most recently when the IRS (Internal Revenue Service) and the US Department of Treasury announced changes to the child tax credit programs. More than 35 millions households and low income families across the states will receive monthly payments starting mid July, and…
Accounting firms are presently in one of the busiest parts of the year, and many people have questions about how their stimulus checks will impact their taxes. Some people have already received all three stimulus payments, while others have yet to receive anything. These different timeframes for receiving stimulus payments often creates even more confusion…
If you’re thinking about updating your firm’s professional tax software, the ideal time to do it is well ahead of tax season. Changing your tax software in the middle of tax season can create chaos at the most inopportune time. Why change your professional tax software? There’s an old adage that goes: “If it’s not…
If the COVID-19 global pandemic has taught us anything, it’s that we are capable of finding ways to stay productive. This is especially true for accountants and tax preparers. Working from home may pose some challenges, but it has also forced professionals to seek creative ways to communicate via teleconferencing with screen sharing and video…
COVID-19 has raised several new issues for accountants. Clients’ finances have often been thrown into disarray, and it’s up to their accountants to help make sense of a complicated situation. Dealing with stimulus checks, disaster relief loans, the sudden loss of income, and possibly even bankruptcy are just some of the issues that accountants now…
The popularity and reach of social media – and particularly the world’s most popular social media platform, Facebook – cannot be denied. Monthly, a staggering 2.5 billion people around the globe turn to Facebook for news, communication, shopping, games, videos, and much more. There’s a seemingly endless supply of information and entertainment available on the…
It’s no secret that tax time is the busiest time of the year for accountants and tax preparers. While it’s important to get some much needed rest and relaxation during the off season, it’s also the best time to evaluate what’s working for your tax business and what’s not. One important consideration is the current…
There are many different ways that cyber criminals attempt to gain information, and lately tax professionals have been a target. With such a large amount of sensitive taxpayer data being stored in offices, it is more important than ever to make sure that you have the proper safeguards in place. As the saying goes, “You…