With only a few weeks left in this year’s tax season, the IRS, state tax agencies and the tax industry warned tax professionals to be alert to taxpayer data theft in the final weeks of the tax filing season. The...
Whether it’s ignorance or willful disregard, court dockets are full of cases of employee misclassification. Many of these show up in district courts as protests under the Federal Fair Labor Standards Act (FLSA), but a few make it to the...
When Albert Einstein said taxes are the hardest thing in the world (circa 1950), he hadn’t even seen the Tax Cuts & Jobs Act. This is the year of patience, my friends, and the more proactive you are about communicating...
TaxProTalk episode 10 from Intuit® ProConnect™ is out! Congratulations on completing the business filing deadline! Episode 10 includes e-file PDF attachment information. Tell us how you spend your #TaxProDayOff during season. Post your message, photo or video with #TaxProDayOff on your...
Many tax practitioners are faced with the following dilemma: as a trusted advisor, you provide guidance so that your business corporation owner clients compensate themselves to minimize their tax liability. However, you are concerned about whether your clients will have...
With more than half of the nation’s taxpayers relying on someone else to prepare their tax return, the IRS is reminded consumers to be on the lookout for unscrupulous tax preparers looking to make a fast buck from honest people...
If tax professionals are still scrambling to decipher tax reform and the various code sections of the Tax Cuts & Jobs Act, how do small business clients and individual taxpayers feel with all this uncertainty? What can we, as their...
The Tax Cuts and Jobs Act is the largest piece of tax reform legislation in 30 years and was signed into law on Dec. 22, 2017. For most taxpayers, these tax changes impact tax year 2018 and not tax year...
TaxProTalk episode 9 from Intuit® ProConnect™ includes resources for the business deadline, estimating 2018 taxes, and marketing to business clients with your QuickBooks ProAdvisor® profile. Reference links Business deadline resources Lacerte® tax reform resources ProSeries® tax reform resources ProConnect Tax...
Significant changes in income from month to month, also known as income volatility, may complicate tax filing and planning for critical tax benefits, according to new research published by the Urban-Brookings Tax Policy Center, “Income Volatility: New Research Results with...
With only a few weeks left in this year’s tax season, the IRS, state tax agencies and the tax industry warned tax professionals to be alert to taxpayer data theft in the final weeks of the tax filing season. The... 
