Identity thieves who deploy phishing scams are quick to innovate, using popular communication platforms and current events to target victims where and when they are most vulnerable.…
Read more about Protecting Your Tax Practice from Phishing Scams
Owning your own business can be a very rewarding experience. The process of starting a business, however, can seem overwhelming to the uninitiated.…
For years, industry experts have been calling for tax professionals to use various hardware and software technologies – CRM tools, document management systems, workflow and productivity software, and paperless technologies – to stay competitive and profitable.…
Read more about Crossing the Digital Divide with Your Tax Practice
Last month, we looked at the legal dustup between ride-sharing company Uber and its contracted drivers and speculated on ways sharing economy businesses might affect tax preparation. One EA we…
Read more about Part of the Sharing Economy? The IRS Has Tax Tips for You
If you’ve got clients who are getting married this summer, they may not have taxes on their pre-nuptial checklist. But once the rice is all swept away and the thank-you notes are written it may be…
What is a Trade or Business?Simply put, a trade or business must satisfy the need to make a profit. If you don’t plan to make a profit, then this is not a business, it is a hobby. The reason for…
Read more about Business or Pleasure: Determining if Your Hobby is Considered a Trade
The following is the second installment in a two-part series by regular Taxing Subjects contributor Ben Tallman. While Part I looked at Foreign Bank Account Reporting (FBAR) and FATCA in detail, Part…
The following is a two-part series by regular Taxing Subjects contributor Ben Tallman, who provides insight into foreign tax issues. Part I describes Foreign Bank Account Reporting (FBAR) and FATCA in…
As we watch the evening news, we see our fighting men and women of the Armed Forces in combat areas far from home. The reports can fill us with a myriad of emotions, like patriotism, compassion,…
Stress can worsen or increase the risk of conditions like obesity, heart disease, premature aging, Alzheimer's disease, diabetes, headaches, depression, gastrointestinal problems, and asthma. For tax…
