Outside of preparing taxes for your clients, how involved are you in your community? Maybe you get out and network at your local Chamber; maybe you’re in a BNI group. While those two things are great for networking and relationship building, they don’t count as giving back to the community. One of the advantages you have […]
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4 Ways to Reach Out to Late Filers
There are all kinds of people in this world … People who jump on to-do items and get them done as soon as possible. People who handle their affairs in a timely manner. People who procrastinate until the absolute very last minute. People who can’t seem to make a deadline to save their lives. And finally, […]
Paying Your Tax Bill Just Got… Convenient
Paying your taxes just got a little more convenient thanks to a new partnership with the IRS, ACI Worldwide’s OfficialPayments.com the PayNearMe Company, and 7-Eleven. Yep, 7-Eleven. Taxpayers can now fill up, grab a Slurpee and pay the IRS at one of 7,000 7-Eleven locations in 34 states. How convenient! The IRS is trying to make paying […]
FASB issues update on Contract Performance Obligations and Licensing Testable January 2018
On April 14, 2016, the Financial Accounting Standards Board (FASB) released Accounting Standards Update No. 2016-10, Revenue from Contracts with Customers Topic 606.
New DRS question type now available in Surgent CPA Review
As recently announced by the AICPA, a new simulation question type, the Document Review Simulation (DRS), will debut on the CPA Exam on July 1, 2016. This new question type will appear in the FAR, AUD and REG sections initially and move to the BEC section in 2017.
The One Score You Need to Grow Your Tax Business
As a business owner it’s important to track the growth of your company. You can look at revenue, you can look at customer growth, retention and attrition, etc. If you really want to know how your business is doing, or predict future growth, you’ve got to know how happy your customers are with the services you provide. […]
ASB issues Clarification and Recodification of Attestation Standards for 2017
The Auditing Standards Board (ASB) issued Statement on Standards for Attestation Engagements (SSAE) No. 18, Attestation Standards: Clarification and Recodification.
AICPA announces final changes to the 2017 CPA Exam
The next version will launch April 1, 2017. Each section of the test will now be four hours in length, for a total testing time of 16 hours. Get the latest CPA Review info.
How to Determine Your Fees as a Tax Preparer
What are your fees? How do you charge and do you make your schedule of charges public? These are all questions you should be asking if you are a new tax business owner. Here are some things to think about. Charging by the Form vs. by the Hour There are two different ways you can charge […]