Tag Archives: tax season
As an enrolled agent, the tax season can be a stressful time of the year. With clients demanding services, and the need to be accurate and efficient with your services, the workload can be overwhelming. But it doesn’t have to be that way. With just a few tips and tricks, enrolled agents can manage their […]
For first-year accountants, there will be long days during busy season, but this also is an incredible learning experience. Pay close attention to workplace norms and culture, and you’ll make your mark as a reliable, knowledgeable team member. Many industry veterans say this also is the time to earn your CPA credential. Nuts? Probably, but […]
Last year, the IRS announced new Schedules K-2 and K-3 for the 2021 tax year. These schedules were introduced to standardize the reporting of international tax items that were previously reported on Schedule K-1. The IRS published updated instructions for Forms 1065, 1120-S and 8865 on Jan. 18, 2022, stating that entities with no foreign […]
With just about half of this year’s busy season in the rearview mirror, it’s time to pause and reflect. How has this busy season differed from other years? Take the CPA Trendlines Busy Season survey and tell us.
Eligible educational institutions often file Form 1098-T. Should you receive this form, here are four common errors to watch for, and how to interpret them.
As you prepare to file taxes for your clients and yourselves this tax season, we’ve highlighted the most important tax court decisions, tax law changes, and IRS rulings that will impact your filings.
Three calendar days later than usual, let’s take a few moments to consider a few of the high and low lights of the year as we say goodbye to busy season 2016.