Tax & Accounting Blog

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

Are You a Paper Wrangler — Or a Tax and Accounting Professional?

Are You a Paper Wrangler — Or a Tax and Accounting Professional?

During tax season, it can be a chore to scan and sort and organize your clients’ source documents. And even once you have everything entered, ever-expanding tax and accounting regulations make it more challenging than ever to meet the deadlines you set for getting your clients their tax returns. Why not give yourself a break … Read More

Electrify Your Payroll with Ancillary Services!

Electrify Your Payroll with Ancillary Services!

For many practitioners, payroll services are a welcome jolt of energy—and profitability—for their firms. Even if you already have a respectable payroll base and are pleased overall with your payroll operations, there’s always an opportunity to improve profitability. And while the actual processing is likely to remain your principal source of revenue, payroll can also … Read More

Our New User Experience Showcased in the Cloud

Our New User Experience Showcased in the Cloud

The Thomson Reuters ONESOURCE™ Indirect Tax Product Management team has been writing lately about the many different aspects of the cloud.  In collaboration with our marketing department we recently published an excellent whitepaper titled, “Why Cloud? Why Now”. If you’d like to read it, you can download it here.  We have also been hard … Read More