article thumbnail

15 Ways Accountants Can Make More Money Under the New IRS Strategic Operations Plan

CPA Practice

However, given that tax representation has, until now, remained a relatively specialized segment of the accounting profession the buzz was fairly localized. The IRS has just presented the tax and accounting community with an easy pathway to leveraging highly profitable tax representation and advisory work. Not anymore.

Account 116
article thumbnail

Two Years Later – Predictions of COVID-19 Fraud Have Become Reality

Withum

Now that we have surpassed the 2-year mark of lockdowns, shutdowns, and letdowns – what was expected by forensic accountants on day one has become painfully clear. They allegedly assisted in obtaining Paycheck Protection Program (PPP) loans by fraudulently stating gross earnings, costs of wages, and number of employees.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Learn When Your Should Outsource Your Accounting

xendoo

Outsource accounting services can help you stay up-to-date on your books, compliant with regulations, and firmly in control of your company’s financial future. With that in mind, here are some of the reasons why you should consider partnering with an online accounting firm. Forensic accounting. Managerial accounting.

Account 98
article thumbnail

8 Benefits of Online Bookkeeping

xendoo

It’s rare that a staff accountant has experience in the kinds of niche areas that your business needs. It makes sense to consult with an online accounting firm that can provide the services you need when you need them without the overhead of hiring a full-time CPA. But the more information you have about your business, the better.

article thumbnail

8 Benefits of Online Bookkeeping

xendoo

It’s rare that a staff accountant has experience in the kinds of niche areas that your business needs. Conversely, an online accounting firm can often provide experience in such areas as: Personal financial planning and assistance. Forensic accounting. Managerial accounting. Non-profits. IT auditing.