Let’s face it, becoming a Certified Public Accountant isn’t easy. Pass rates indicate that nearly half of all CPA candidates fail at least one section of the CPA Exam on the first try; but that’s no reason to get discouraged. The good news is, if you don’t pass part of the exam, you can always […]
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Are Tax Bank Products the Right Fit for You and Your Clients?
Did you know that, according to the FDIC, over six percent of American households did not have or use a bank? And that nearly nineteen percent more are considered “underbanked?” (Underbanked people have a checking or savings account but also use financial products and services from outside the banking system, like prepaid cards and check […]
Three Great Reasons to Join a Professional Association
I’m recently returned from a West coast trip—to the IRS Nationwide Tax Forum, to be more precise—where I had the opportunity to meet dozens of tax professionals, and to reconnect with many others who happen to be members of the association I have the privilege to lead. These events are opportunities to broadcast your value […]
7 tips to get the most out of your accounting internship experience
The end of the year means finishing finals, spending time with family, and gearing up for your internship. Many auditing and tax internships start in January, so you’ll want to be as prepared as possible. Whether you’ll be starting your internship in a few weeks or not for several months, you’ll want to check out […]
‘Tis the Season to Market Your Tax Business
The summer is over and fall is here. For a lot of B2B businesses, the holiday season is uneventfully slow. For tax professionals, the extension deadline is over and it’s time to look towards the opening of the next tax season. While it’s not tax season yet, and you may not have clients coming through […]
Can you become a CPA without an accounting degree?
Can a non-accounting major become a CPA? The short answer is YES; you don’t have to study accountancy to become a Certified Public Accountant. While there are definitely some things that you AND students pursuing their accounting degree will need to fulfill, as long as you earn your Bachelor’s degree, you’re on the right track […]
Career advice for college students: What to do after accepting a job offer
Whether you endured a grueling and extensive job search or were lucky enough to experience a smooth and relatively easy hiring process, there are few things more exciting than receiving that phone call or offer letter from your new employer, and graduating with a job offer in hand. But there are a few things you […]
7 steps to create the perfect elevator pitch for accounting students
Full disclosure: an elevator pitch doesn’t require an actual elevator. The reason for its name is that you should be able to deliver it in the amount of time it takes to complete a short elevator ride. What is an elevator pitch? An elevator pitch (sometimes called an elevator speech) is a 30-60 second speech […]
IRS Tax News Recap: Changes, changes, and more changes
September and October have been busy months for tax news! As Halloween approaches, don’t be spooked by these tax industry updates. We’ve got the tax news recap to get you up to speed. IRS provides guidance on virtual currency The IRS just released additional guidance to help taxpayers understand their obligations when reporting virtual currency. […]