Tax practice

Staff in the Big Four firm's U.S. tax business will be required to work on the premises or at a client site 12 days a month from July 1.

For many firms, a technology that was meant to make things better may instead prove to be yet another tax season headache.

The firms that are starting to feel a real difference in the busy season are not working harder; they are redesigning the way the audit process runs.

AI has emerged as a potential force multiplier, but can it augment capacity in a way that is sustainable and responsibly governed?

The Internal Revenue Service is adding capabilities to the online Tax Pro Account, allowing firms to specify which staff members are authorized with CAF access.

The National Association of Tax Professionals unveiled two new credentials focusing on representation, due diligence and ethical practice.

The firm founded by Arthur Andersen alumni is working with Morgan Stanley and UBS who are leading the planned initial public offering.

Smith + Howard, an Atlanta-based Top 100 Firm, has opened two new tax practices: site selection + incentives and state and local income tax consulting.

Presenting CPE programs is satisfying, helps sharpen your knowledge, is great for networking with colleagues, and sometimes there are unintended consequences.

U.S. tax professionals can learn from strategies in other countries like Brazil.

"I'm so glad tax season is over!" is a phrase often heard from accountants. Why would anyone would say this?

If you were designing a CPA practice from scratch, what would you do about tax season? Keep it as is, make some changes or possibly eliminate it?

Is this a fantasy situation, a made-up story or the reality in your firm?

EisnerAmper added Prague & Co.; and GTM acquired the state income tax practice of DMA.

Tax season usually is the most stressful period of the year for accountants. Staying calm will help you, your clients and staff.

Take the long view with your practice and don't miss any opportunity to train a staff person properly, as shown in these three anecdotes.

Deep in the heart of busy season, you may not be feeling much empathy for clients who have been procrastinating and are so disorganized, but you should.

Part of growing is for your staff to also grow. That growth comes when they are empowered to take charge, supervise, and make decisions.

What will the tax implications be for CPA clients and practice owners? Where are interest rates headed? What about inflation?