The U.S. has opted out of certain international bank reporting rules, and that may be of interest to high-net-worth individuals overseas. Venable’s Friedemann Thomma explains what this might mean for U.S. tax professionals and accountants.
Tax and accounting firms have software applications for everything, but all with different features, interfaces and databases. Using separate applications results in inefficiencies and disconnected data. Watch this short video and discover the all-inclusive practice management solution.
Uber and Amazon may be the models for the tax preparation process of the future, according to Keith Alessi, the former Jackson Hewitt chairman and CEO who recently joined the board of upstart tax prep franchiser Happy Tax.