ThomsonReuters

AUGUST 11, 2025

As the tax and accounting landscape becomes increasingly complex, accountants and CPAs are relying on advanced tax software to streamline their workflows, improve accuracy, and enhance the client experience. What’s the best tax software for CPA firms?

tax return

ThomsonReuters

DECEMBER 4, 2024

Filing individual income tax returns can be a complex process, but with the right workflow, professional tax preparers and accounting firms can streamline the experience for both clients and staff. Harnessing technology for individual income tax return filing can transform the efficiency of accounting firms.

tax return

MyIRSRelief

OCTOBER 11, 2024

This article will delve into the various tax services offered by Enrolled Agents, including personal tax preparation, business tax preparation, personal tax planning, business tax planning, IRS and state tax audit representation, back tax help and resolution, and 941 payroll tax problem resolution.

tax services

ThomsonReuters

MAY 20, 2025

Jump to Streamlining tax engagement through effective communication Introducing SafeSend One: Your communication and client experience solution Changing the tax client experience with effective communication The tax preparation process is often full of problems, from finding documents to managing many systems.

tax preparation

Accounting Today

JULY 9, 2025

The Information Returns Intake System, or IRIS, will be the only intake system for information returns now received through FIRE. The IRS is encouraging tax preparers to complete their IRIS applications to begin transitioning for the 2027 season. All rights reserved.

Tax

CPA Practice

DECEMBER 7, 2024

There will soon be a new professional tax preparation system available, with options for e-filing returns for forms 1040, 1041, 1120, 1120S and 1065s. These are the most common annual tax returns, representing individuals, estates, corporations, and partnerships.

tax preparation

Accounting Today

JUNE 20, 2025

The current list of eligible localities is on the IRS Tax Relief in Disaster Situations page.) 3 deadline for both states applies to individual income tax returns and payments normally due on April 15, 2025. Calendar-year corporation and fiduciary returns and payments normally due on April 15, 2025. All rights reserved.

Mississippi

Accounting Today

JUNE 17, 2025

TaxConnex ( [link] ): Your e-commerce clients can create problems with sales tax obligations in several ways. The latest potential pitfall in this series: filing of tax returns. The Tax Times ( [link] ): The Tax Courts decision in Smith v. All rights reserved.

E-commerce

Going Concern

DECEMBER 5, 2024

TAX CANDIDATES FTE Tax Senior | Candidate ID #22391832 Certifications: CPA Education: BBA Accounting Experience (years): 20+ years accounting Work experience (detail): All in public accounting Led tax practice Trusts, Estates, Partnerships, S-Corps Review of team’s workpapers and preparation Client niches: Real Estate, Manufacturing Tech Stack: UltraTax, (..)

Real Estate

Accounting Today

JUNE 9, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email Tax management platform Instead launched artificial intelligence-driven tax reports, harnessing AI to analyze full tax returns to glean tax strategies and missed opportunities. All rights reserved.

Tax

Accounting Today

JUNE 13, 2025

Instead launches tax reports feature Valery Kachaev Tax management platform Instead launched an AI-driven tax reports feature. This feature is now available to eligible merchants in the United States using Shopify Tax. … All rights reserved.

Technology

Xero

MAY 28, 2025

If the thought of lodging your tax return makes your palms sweaty and you find yourself procrastinating to avoid the inevitable, youre not alone. Xeros latest research has found nearly three quarters of Australians are worried or anxious about tax time this year. For Australias 2.6 The survey was carried out online.

tax return

CTP

JANUARY 17, 2025

We will especially want to have this conversation if our clients tax return features one of the IRS red flags of the season. Below are key talking points we will want to review with clients to reassure them that we are prepared to walk them through an audit and to remind them of why working with a tax planner pays off in the end.

audit

CPA Practice

OCTOBER 23, 2024

An IP PIN is a six-digit number that prevents someone else from filing a federal tax return using a taxpayer’s Social Security number or Individual Taxpayer Identification Number. IP PIN users must use this number when filing their federal tax returns for the current calendar year and any previous years filed during that same period.

tax return

Going Concern

NOVEMBER 8, 2024

Law & Order Clark Hill Wins for Accounting Firm in Tax Dispute With Rock Band Member [ Clark Hill ] The Clark Hill trio convinced the court that the accounting firm was not liable for an employee’s business management and tax preparation services she provided on the side for a member of a rock band.

Florida

MyIRSRelief

JUNE 13, 2025

At Mike Habib EA, our mission is to protect taxpayers while delivering expert tax preparation, planning, and IRS representation. Here’s how to spot tax scams, why our firm is your trusted partner, and practical steps to safeguard your finances. IRS Representation: Audits, appeals, liens, levies, and back tax resolution.

Tax

Accounting Today

JUNE 12, 2025

EDT 6 Min Read Facebook Twitter LinkedIn Email By any other name; poor Service; a saga continues; and other highlights of recent tax cases. Rockford, Illinois: Tax preparer Gretchen Alvarez, 49, has pleaded guilty to preparing and filing false income tax returns. All rights reserved.

Tax

ThomsonReuters

NOVEMBER 26, 2024

If there is one thing accountants and tax preparers know for sure, it’s that an efficient tax workflow is key to remaining competitive in an increasingly digital tax and accounting landscape. To achieve this, many forward-looking accountants and tax preparers are shifting toward a fully digital tax workflow.

Technology

Going Concern

NOVEMBER 7, 2024

TAX AND ACCOUNTING CANDIDATES FTE Tax and Accounting | Candidate ID #23571431 Certifications: CPA in process Education: BBA Accounting, MA Accounting Experience (years): 5+ years of accounting and tax experience Work experience: All in public accounting Performs full cycle accounting and tax preparation Financial compilations and reporting with clients (..)

Real Estate

ThomsonReuters

MARCH 3, 2025

For years, automation has eliminated the need for tax professionals to spend their days steeped in manual data entry, searching for blank fields or numbers that dont add up. With agentic AI, accountants can automate complex pieces of the tax return process.

Tax

ThomsonReuters

JUNE 17, 2025

As technology continues to automate an increasing number of tax preparation and compliance tasks, more and more accounting firms are looking at shifting their focus to offering clients more personalized financial insights and strategic guidance.

tax preparation

Accounting Today

AUGUST 1, 2025

Tech leaders among tax and accounting firms are finding ways to integrate previously disparate components of their day-to-day operations into streamlined, connected workflows that automatically embed critical intelligence at every step in the process. Leveling up In both examples, firms are using technology to help prepare a tax return.

Technology

Accounting Today

JULY 24, 2025

West Long Branch, New Jersey: Resident Matthew Tucci has pleaded guilty to tax evasion. For 2015 and 2016, he filed tax returns that stated he owed more than $2 million in taxes for both years but did not fully pay the taxes. On these returns, Edwards admitted that he owed more than $2.5 million in taxes.

Tax

MyIRSRelief

APRIL 25, 2025

Enrolled Agents must pass a comprehensive examination covering all aspects of the tax code and complete continuing education requirements to maintain their credentials. Unfiled Tax Returns – Your Most Common Questions Answered Q: I haven’t filed tax returns for several years.

Ohio

Accounting Today

JUNE 9, 2025

By Daniel Hood 35m ago Technology Instead adds AI-driven tax reports The reports harness artificial intelligence to analyze full tax returns to glean tax strategies and missed opportunities. All rights reserved.

Technology

Accounting Today

JUNE 5, 2025

CPA Timothy Trifilo has been sentenced to 20 months in prison for making a false statement on a mortgage loan application and for not filing an income tax return. For a decade, he did not file federal income tax returns nor pay taxes owed despite earning more than $7.7 Philadelphia: Tax preparer James J.

Tax

Accounting Today

AUGUST 4, 2025

The February deadline applies to: Any individual, business or tax-exempt organization that has a valid extension to file their 2024 return due to run out on Oct. Quarterly estimated income tax payments normally due on Sept. Quarterly payroll and excise tax returns normally due on July 31 and Oct. 15, 2025, and Jan.

New Mexico

Going Concern

OCTOBER 10, 2024

ACCOUNTING CANDIDATES FTE Accounting | Candidate ID # 22574493 Certifications: EA in process Education: BA Business Experience (years): 20+ years accounting experience Work experience (detail): Currently Accountant & Office Manager at a CPA firm Full cycle accounting, reconciliations, financial reporting AP/AR, payroll processing and quarterly (..)

Real Estate

MyIRSRelief

AUGUST 8, 2025

An IRS audit letter is a formal written notice—usually in the form of a numbered IRS letter (such as Letter 566 or 525)—letting you know the agency wants to examine some aspect of your tax return. Key things to note: Audit letters are always mailed, never emailed or texted. How do I respond to the IRS within the deadline?

audit

Accounting Today

JUNE 19, 2025

EDT 5 Min Read Facebook Twitter LinkedIn Email Seeking shelter; please be Gentle; where the heart is; and other highlights of recent tax cases. Nixa, Missouri: Tax preparer Tina Louise Yager has pleaded guilty to making false and fictitious claims against the U.S. All rights reserved. and to wire fraud. Herman Estes Jr.

Tax

Accounting Today

JUNE 9, 2025

Audit Audit preparation Client retention MORE FROM ACCOUNTING TODAY Accounting Koziel: There's more upside than downside for accountants The profession faces plenty of issues — but many come with strong opportunities, says the AICPA chief. All rights reserved.

auditor

Accounting Insight

MAY 2, 2025

Its no secret that accountants are stretched during tax return season. Theres hardly time to stay on top of each clients basic needs yet alone advising them on their tax affairs. What is personal tax automation? In other words, your very own personal tax assistant is working 24-7 on your client portfolio.

Technology

ThomsonReuters

FEBRUARY 6, 2025

In the fast-paced world of accounting and tax preparation, every minute counts. According to the 2024 State of Tax Professionals Report , time management, meeting deadlines, and timely filing were the second highest set of challenges for survey respondents.

cpas

Accounting Today

JULY 28, 2025

You know, Im just doing a tax return or Im just doing this. Its really coming around to our internal employees and saying, "Its not just [a tax return], you are worth this." All rights reserved. Im not worth it.

Technology

ThomsonReuters

JANUARY 16, 2025

Avoid the last-minute filing rush Minimize client e-file rejections Receive faster refunds Maintain data security in tax returns More time for advisory services How to convince clients to e-file early When does early e-filing start? The IRS usually starts accepting tax returns for the new season on the 4th Monday of January.

accountant

CapataCPA

JANUARY 13, 2025

Affected individuals and businesses now have until October 15, 2025 , to file returns and make payments. Key deadlines affected include: 2024 Individual Income Tax Returns and Payments: Normally due April 15, 2025. 2024 Quarterly Estimated Income Tax Payments: Originally due January 15, April 15, June 16, and September 15, 2025.

Tax

Analytix Finance & Accounting

JUNE 24, 2025

Having professional support during tax season can significantly reduce stress and minimize your risk of costly errors or penalties. When you outsource your accounting, tax preparation becomes an ongoing process rather than a stressful annual event.

accountant