Practice management

Social media strategist Adrian Dayton and BeachFleischman PC chief marketing officer Eric Majchrzak discuss how accounting firms and other professional services firms can use LinkedIn, Google+ and other social networks to market their offerings to potential clients, and use search engine optimization to showcase their content, in an interview with Accounting Today senior editor Danielle Lee.

The phrase “You don’t know what you don’t know” very accurately describes the business of accounting software for the practitioner and the provider or vendor. The reality is, most of us neither have the time nor the inclination to figure out just what it is we don’t know.

The Internal Revenue Service reminded taxpayers that the October 15 deadline remains in effect for people who requested a six-month extension to file their tax return.

The government shutdown now entering its second week does more than close museums and turn national parks into uninhabited forests: It also gums up workflow for many tax preparers and often leaves their clients with questions that are growing shriller.

Client meetings are an integral part of being a great accountant.

Ernst & Young reported Tuesday that its fiscal year 2013 global revenue reached $25.8 billion, the fastest growth in five years, indicating the firm has bounced back since the financial crisis.

A New Jersey schoolteacher who prepared taxes on the side has been sentenced to a year and a half in prison for preparing false tax returns.

As 2013 comes to an end, employers, employees and self-employed individuals should make sure they are complying with the new 0.9 percent additional Medicare tax, according to Thomson Reuters.

It won’t be long before tax season gets underway again, and before the upcoming busy season fades from mind to join all previous busy seasons, I encourage you to reflect. Think about your clients because, after all, they’re the people who contribute significantly to making your busy season what it is, in all its glory and misery. My question for you is: which three clients are you going to fire?

A New Jersey tax preparer pleaded guilty Monday to preparing false tax returns.

The Return Preparer Office of the IRS has released details on the professional credentials of those who currently hold Preparer Tax Identification Numbers, or PTINs.

The U.S. Supreme Court turned away an appeal by Robert Coplan, a former Ernst & Young LLP executive convicted of selling illegal tax shelters that cost the federal government as much as $2 billion.

Mortimer Caplin, who served as commissioner of the Internal Revenue Service in the Kennedy administration and the early months of the Johnson administration, sees problems ahead for taxpayers and practitioners from the government shutdown.

I don’t think I would be going too far out on a limb to say that the vast majority of accountants did not become accountants so they could get into marketing or sales.

Jody Padar of New Vision CPA Group and Jennifer Warawa of Sage North America feel the heat of Death Valley and Furnace Creek as they travel across the Nevada desert on the Sage Listens Tour RV and they liken it to the knowledge that CPAs need to share about practice management.

With the opening of health insurance exchanges and marketplaces this week under the Affordable Care Act, accountants and other professional service providers are being urged to pursue doctor’s offices as clients, especially as the prognosis for their financial health is expected to remain positive.

“Oh what I’d give to get a good night’s sleep.” We’ve heard that before, maybe even said it ourselves, especially during tax season. But tax preparer Joyce Linzy was prepared to spend money to make it happen.

Mr. and Mrs. Friedberg were just another couple of average married taxpayers like any other married taxpayers happily minding their own business until the IRS decided to wage a war of terror on them.

Grant Thornton LLP has achieved an all-time high annual revenue mark for the U.S. member firm of Grant Thornton International, with $1.274 billion in revenue generated in fiscal year 2013, up 5 percent from the previous year.

PricewaterhouseCoopers is one of the accounting firms hoping to address the needs of companies and individuals who are uncertain about the implications of the new health insurance exchanges and marketplaces that opened this week.