Tax & Accounting Blog

Take a Risk This Tax Season

Take a Risk This Tax Season

Accounting Firms February 7, 2017

“Taking risks gives me energy.” –Jay Chiat, co-founder, TBWA\Chiat\Day advertising agency. A new year naturally brings thoughts of new beginnings, change and resolutions. Unfortunately, the resolve seldom lasts beyond the first week or two – but that’s understandable in the case of tax and accounting firms, since the reality of busy season looms just around … Read More

Final Pay Information for Terminated Employees

Final Pay Information for Terminated Employees

“When do I need to give an employee their final pay?” This question comes up frequently — even daily for some companies. Let’s say you’ve made the difficult decision to terminate an employee. The rules and timing of their final paycheck is determined by the state in which the employee works. For some states the … Read More

New Phishing Scam Targets Firms, Uses Social Engineering to Capture Staff Logins

New Phishing Scam Targets Firms, Uses Social Engineering to Capture Staff Logins

As new IRS regulations implemented last year make it harder and harder for criminals to use consumer tax software to file fraudulent returns, they’re increasingly setting their sights on tax practitioners. More and more, hackers and fraudsters are attempting to steal sensitive client data, hijack professionals’ tax systems (and EFINs) to use for fraudulent filings, … Read More

Ensure Your Firm’s Future – and Your Sanity – With Knowledge Transfer

Ensure Your Firm’s Future – and Your Sanity – With Knowledge Transfer

It’s April 16. You’re in full let’s-just-forget-this-tax-season-ever-happened mode. Your carpal tunnel kicked into overdrive sometime around March 1. The rest of your body is a mess, too, thanks to the 60, 70, even 80-hour weeks you’ve worked since…well, it seems like forever. Your brain’s so fried you could barely remember how to get home last … Read More