Tax & Accounting Blog

Trending Challenges for Tax + How to Overcome Them

Trending Challenges for Tax + How to Overcome Them

More than ever before, tax is driving business strategy in the global economy.  Across industries, the alignment between Tax departments and business leaders continues to grow.  While traditionally focused on reporting on past events, tax departments are increasingly being invited to discussions on business strategy, focused on growth opportunities and expense optimization. Discussions with tax … Read More

What Football Season Has in Common with CPA Firm Marketing

What Football Season Has in Common with CPA Firm Marketing

Hooray! Football Season is right around the corner. For NFL and college football teams, the Labor Day weekend represents the final days to practice before the season officially kicks off, with each team striving for a winning streak. But did you know that the start of football season coincides with another season, pertinent to CPA … Read More

IRS Announces Increase in Penalty Amounts: It isn’t a bad thing

IRS Announces Increase in Penalty Amounts: It isn’t a bad thing

The Affordable Care Act (ACA) may provide more affordable health care, but the new IRS information reporting penalties for non-compliance just got less affordable. You may already know this, but Congress recently passed new legislation mandating new tax provisions including an increase in penalties under Section 6721 for failing to file correct information returns and … Read More