Tax Practice News
Can Tax Practices Really Implement a 4-Day Week
Implementing a four-day workweek can boost productivity by 77%, improve work-life balance, reduce absenteeism, and save costs. However, it requires careful planning and execution, which may seem daunting in busy accounting and tax practices. Read more
Mar 19, 2024
3 Ways to Help Ensure New Employees Stay
Hiring in accounting, particularly for tax talent, is tough due to declining student enrollments and CPA exam takers. This trend puts pressure on the industry for hiring. Read more
Mar 14, 2024
IRS Energy Credits Online: Register for Clean Vehicle Tax Credit Advance Payments
Auto dealers and sellers must register with IRS Energy Credits Online to submit time-of-sale reports for Clean Vehicle Tax Credit advance payments for vehicles placed in service in 2024 and beyond. Read more
Mar 13, 2024
Is BOI Reporting Already Dead?
A judge ruled the Corporate Transparency Act's ownership reporting unconstitutional for NSBA and its 60,000+ members by March 1, 2024. This may trigger similar cases nationwide, impacting BOI reporting. Practitioners need to plan their response. Read more
Mar 12, 2024
IRS to Ramp Up Audits
Last week our calendars all marked a unique day that only comes about once every four years. Leap Day, February 29th, this day intends to sync the calendar with the solar year. It still has its affects tax planning, so discuss with clients. Read more
Mar 7, 2024