The current pandemic has caused an economic crisis many of us didn’t see coming. Due to decline in sales from forced closures or reduced business occupancy, thousands of employees have become either under employed or unemployed and some businesses have had no choice but to close. As many companies struggle to stay afloat, hiring freezes […]
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Tax Resources for Military Ahead of the July 15 Deadline
The IRS’ Publication 3 is an Armed Forces Tax Guide filled with tips and information to help service members and their families take advantage of all tax benefits available to them. Some key benefits detailed in this guide are partial or tax-free combat pay, 180 day extensions and the Earned Income Tax Credit. As the […]
How to Start a Side Hustle and Make Some Extra Money
If you’re looking to supplement your regular income, starting a side hustle could be a great idea! Perhaps you’re getting sick of the daily grind, working for someone else, or living paycheck to paycheck. Maybe you just retired and you want to earn some extra money for travel or hobbies. Or maybe you just want […]
The CARES Act for Tax Preparers
It’s no secret that we’re in a period of change across many industries, and that change includes the tax preparation landscape. As with any new change, there can be some confusion – but that’s why we’ve produced this blog post – to summarize the important elements of the CARES Act! What is the CARES Act? […]
Honoring Black Tax Preparation and Accounting Excellence
Written by Breeana Gant In 2019, Instagram launched the “#ShareBlackStories” campaign to honor Black voices and history throughout the month of February. The initiative took off across several different platforms including Twitter and Facebook, and continues to be used in millions of posts every day. Today and everyday we want to encourage Black CPA, auditors […]
What Order Should I Sit for the CMA Exam?
So, you’ve decided you want to sit for the Certified Management Accountant (CMA) Exam, and you’re preparing to embark on your study journey – but first you need to decide what order you should sit for the CMA Exam sections in. As you probably know, the CMA Exam is made up of two parts – […]
How to Avoid COVID-19 Related Fraud
Fraud is a constant struggle in the tax world. We’ve seen natural disaster related fraud, identity theft, tax fraud, tax preparer fraud. Now we have one more to be vigilant about: COVID-19 scams. The IRS recently sent out a notice warning the public about COVID-19 related fraud. The notice calls to attention a variety of […]
The Benefits of Role-Playing for Tax Preparers
We all know the saying “practice makes progress.” If you want to do anything well, you have to practice to get better at it. Any speech or performance requires at least a little practice, so why not practice how you perform a tax interview? Role-playing is a great way to hone your skills for a […]
How to Make Your Resume Stand Out In the Finance and Accounting Industry
When you’ve spent four years studying a niche, like accounting or finance, it can be pretty crushing to realize that you need more for your resume to stand out. But ultimately, everyone applying for the jobs you’re looking at studied for four years too. So, how can you put your best foot forward to get […]