Accounting professionals understand the importance of making the correct call on what taxpayer deductions are allowable. Tax preparers are accustomed to fielding hundreds and even thousands of client questions each busy season about what is and is not deductible.
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Tax Season Recap – A Look Back At The 2016 Busy Season
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.
Don’t Understand IRS Tax Form 1095-C? You’re Not Alone
So many people complained Form 1095-C that the IRS extended deadlines by two months. Here is some information to help understand the form.
Tax Season Is Officially Kicked Off – Are Your Rookies Ready to Become MVPs?
Surgent’s webinars on Preparing Individual Tax Returns can make sure that even the most junior members of your staff are ready for tax season.
Tax Extenders are Permanent Now: Is it All Good News?
The Protecting Americans Against Tax Hikes (PATH) Act of 2015 made many of the former so called ‘tax extenders” permanent and extended others a few more years.
Congress Moves to Make Tax Extender Provisions Permanent – What Does It Mean For You?
Just before midnight on December 15th, 2015, Congress posted the “Protecting Americans from Tax Hikes Act of 2015” legislation.
Reducing Tax Liability When Paying for College
There are a number of ways your clients can reduce their tax liability when it comes to paying for their own or their child’s education.
Tax Deductions For New Parents
Most people aren’t aware of are the possible ways to offset the the multitude of child related expenses. Social security, dependency exemption, filing status, etc.
4 Tax Benefits to Owning a Home
Among the many benefits that home ownership brings, tax deductions are on top of the list. For this reason, experts are suggesting that the best time to leave rent behind and start buying is now. If your clients are considering purchasing a home, make sure to go over these benefits with them. Build Equity Even […]
3 Ways Accounting Firms Can Foster Innovation
Innovation is what drives all value in any organization. Here are 3 ways accounting firms can foster innovation and stay true to their culture.