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Oct 6, 2021

As virtual currencies gain more traction in the marketplace, the IRS is taking notice. Your clients may be unaware of the tax reporting requirements and the tax implications from their cryptocurrency transactions. 

In this Tax Section Odyssey episode, April Walker, CPA, CGMA, Lead Manager — Tax Practice & Ethics,...


Sep 23, 2021

As a tax practitioner during the revolving door of tax law changes this year, you might have asked yourself questions such as:

  • Can I bill my clients for PPP loan assistance?
  • How do I bill my clients for employee retention credit consultations?
  • How do I get my long-time clients to value and agree to pay for the...


Sep 8, 2021

The impact of disasters can be life changing. Fortunately, special tax law provisions may aid in the recovery efforts for individual taxpayers and businesses alike. Depending on the circumstances, the IRS may grant additional time to file returns and pay taxes. Victims may also be able to deduct casualty losses that...


Aug 26, 2021

The Association of International Certified Professional Accountants provides the world’s most highly skilled accountants with knowledge, insight and foresight to meet the demands of a disruptive world. It is a driving force in a dynamic profession that powers trust, opportunity and prosperity for people, businesses...


Aug 11, 2021

The employee retention credit (ERC) is a new credit created in the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed in March 2020 and later modified with subsequent legislation.

Tax preparers and their clients have been anticipating updated guidance on several remaining questions related to the ERC....