Recent Articles
Why Tax Professionals Need a Mindset of Antifragility
Everyone has heard the expression “hope for the best, prepare for the worst.” We actually need to go a step further with this approach as tax experts. Rather than simply preparing for the worst, we must teach ourselves how to...
A Brief Summary Of Current Tax Issues – 28th September
It’s tough to exceed the tax law’s “floor” for medical expenses, so make sure you identify every expense you’re authorized to claim. State taxes must be remembered. Only medical costs above 7.5% of adjusted gross income may be written off...
How to Build a Scalable Company
You should standardize and document every step of your workflow before scaling. By building a scalable business, you may expand your enterprise more smoothly as you go. Additionally, focusing on growing strengthens your company by making it adaptable and competitive....
The Best Ways to Develop a Relationship with a Client
How can tax professionals maintain the same high level of advisory relationship while being more proactive in the services they provide? Most people don’t talk to a tax expert until it’s time to submit their taxes. But in reality, they...
As a CPA, Now is the Time to Participate in Thought Leadership
Professional accounting firms and CPAs can be crucial players in the thought leadership market. Companies today face an unprecedented number of new accounting and reporting concerns relating to environmental, social, and governance issues, cryptocurrencies, and digital assets, special purpose acquisition...
Start-Up – Income Tax Deductions
According to the IRS, a startup company that satisfies two requirements may claim a current deduction for eligible start-up expenses. Do you want to start a new business? Although the current economic situation may make things difficult, the tax code...