Becoming a CPA is the dream of many working professionals, but the thought of getting back to studying and preparing for the exam can seem daunting. Luckily, adaptive learning technology is paving the way for working professionals to study more efficiently and pass the exam in a shorter amount of time than traditional study methods. […]
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How to Become a Tax Business Owner: Step by Step
Why work for someone else when you can get tax education and start your own business in no time? Whether you’re already a tax preparer or you don’t know anything about taxes, we can help! The Income Tax School provides the educational resources for individuals interested in both learning tax preparation and starting their own […]
Why you should sit for the CPA Exam after graduation
As a student, you may be deciding between taking the CPA Exam right after college or waiting a few years before knocking it out. But consider this: recent college grads have the highest pass rates out of all CPA Exam candidates. We’ll explore why that is, and get you started on the right track to […]
Small Business Week: Lessons Learned
This week is National Small Business Week, a week dedicated to celebrating and supporting small businesses in your community. Although The Income Tax School is a National Business, its sister company, Peoples Tax is a small business. The Income Tax School actually grew out of a need to hire qualified tax preparers for Peoples Tax. […]
How to Fix the Tax Preparer Shortage
One of the biggest challenges tax business owners face (besides the tax law changes) is staffing their firms with qualified tax preparers. The qualified tax pros of yesterday are either retiring, happy where they are, or have gone out on their own to start their own businesses. The applicants that do come in, know enough […]
3 Easy Ways To Destress After Tax Season
The tax deadline may be in the past but we all know there’s still work to do. The good news is that the influx of people who need things last minute is on a downturn and the end of the season is in sight! At this point of the year, we generally encourage tax pros […]
Top 5 reasons to get your CPA credential
As you finish up your college career, you may be considering becoming a CPA. Many new accountants wonder if the benefits really outweigh the challenging process of getting credentialed. The reality is, becoming a CPA is not for everyone and it really depends on your career goals. We’ve put together 5 reasons to get your […]
Tax Evasion vs. Hollywood Actors
Guest blog post by Mitchell Collins The IRS likes going after Hollywood actors and other famous people for tax evasion because it puts the fear of audit into the hearts and minds of fans everywhere. When the IRS audits popular celebrities or hauls them off to prison for failure to pay their taxes, people quickly […]
What accounting students should know about cryptocurrencies
Cryptocurrencies have made their way into the spotlight in the last few years, becoming increasingly popular with both individual investors and companies. But as their popularity has grown, so have the laws around them. As future accountants, it’s essential you understand cryptocurrencies to help you both stand out as a financial professional and provide the […]