The workforce has shifted to accommodate for quarantine, social distancing, and so much more over the past few months. For many business employees, this may have meant taking unconventional hours, purchasing new tech to modify the way they work, and working amongst other family members in a very different environment. They deserve to be appreciated, […]
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IMA Announces Latest CMA Exam Updates Amid COVID-19
With COVID-19 having an impact across all facets of the accounting industry, many exams have experienced change. One of which is the Certified Management Accountant Exam – especially now that virtually all Prometric Testing Centers around the world are open. Those updates are below: 1. The September-October testing window has been extended by one month […]
Tax Preparation Proves to be a Stop Gap for Unemployed Workers
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 […]
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 […]