article thumbnail

Tax Preparers Rejoice! Here’s How To Prepare SECURE 2.0 Form 8881 Retirement Tax Credit If You Use Gusto & Guideline

Nancy McClelland, LLC

This week, I discovered a gift that Gusto created for tax preparers with clients that use the Gusto+Guideline combo — a reporting tool that will literally prepare the Form 8881 “Credit for Small Employer Pension Plan Startup Costs” for you. And now we’re superstars to them.

article thumbnail

Sales Tax Compliance: Automated Returns or Service Provider?

TaxConnex

This time of year, everybody’s mind is on income tax preparation. And for many accountants and CPA firms, this time of year means extra-long hours and more time spent managing clients’ finances. Either those that they’ve hired internally or the trusted CPA firm they’ve utilized for years.

Sales 139
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Not your father’s CPA firm: position your firm for the future workforce

ThomsonReuters

Progress in technology, changes in policy, and changes public opinion are a few of the factors that impact CPA firms and how they work within their team and with clients. . Many preventative measures can be taken to ‘future-proof’ your firm, making certain you will not be left behind as changes occur.

article thumbnail

Accounting Jokes, Videos, Puns and Humor

AdviceForTaxpreparers

Advice for Tax Preparers Making tax preparers lives easier one blog at a time HOME. by Bill Meador, CPA, JD. I put together this post to bring together any funny and entertaining accounting and tax videos, puns, jokes, pictures, etc. A successful tennis player has a lot of net income.

article thumbnail

Friday Footnotes: Work-Life Balance, Does It Work?; Big 4 Firms Slash Job Postings; She Doesn’t Even Go Here! | 2.16.24

Going Concern

public accounting firms, however, turnover has continued to increase. The author’s research found that conflict surrounding work-life balance practices, and perceptions of unfair treatment with regard to their application within a CPA firm, were directly correlated to employee turnover intentions.

article thumbnail

Friday Footnotes: Fired Accountant Spills the Dirty Laundry; Scandals of Yore; Gen AI For Good | 1.26.24

Going Concern

pic.twitter.com/tJCOc7GgIA — Blake Oliver (@BlakeTOliver) January 25, 2024 Practice State of the Profession [ The CPA Journal ] The ninth annual 2023 NYSSCPA-Rosenberg Survey identifies trends from the national 25th Annual Practice Management Survey and provides profitability and growth data of participating New York CPA firms.

Account 119
article thumbnail

Friday Footnotes: Working Late; The Year of the ESOP?; It’s Not Layoffs, It’s “Repositioning” | 1.5.24

Going Concern

He obtained his CPA certification in 1987 and then returned to Smithville to work with Ed Fuqua at his local CPA firm. As CPA firms respond to increased demand for advisory services, shrinking talent pools, baby-boomer retirements and economic challenges, succession plans will continue to be accelerated.