Tax practice

For most of the last 40 years, running a tax and accounting firm was a peacetime job. That's not the case anymore.

Accountants are no longer just educating clients about tax law, but actively dismantling AI-generated fiction before it turns into audit-triggering liability.

For years, tax firms have talked about moving beyond compliance and offering more strategic advice. Clients want that shift, too.

Many firms aren't prepared for the shift in capacity that's coming. The next few years will sort firms into those that used this moment to grow, and those that didn't.

Here are 10 tactics for transforming your client's return from a compliance document to a planning and business development tool.

Anthony Sciarra, a tax leader at PricewaterhouseCoopers, is joining Armanino's tax practice as the San Ramon, California-based firm continues to grow.

Most firm owners focus on the revenue lever they have pulled their whole career, but they may never have touched the other lever.

Staff in the Big Four firm's U.S. tax business will be required to work on the premises or at a client site 12 days a month from July 1.

For many firms, a technology that was meant to make things better may instead prove to be yet another tax season headache.

The firms that are starting to feel a real difference in the busy season are not working harder; they are redesigning the way the audit process runs.

AI has emerged as a potential force multiplier, but can it augment capacity in a way that is sustainable and responsibly governed?

The Internal Revenue Service is adding capabilities to the online Tax Pro Account, allowing firms to specify which staff members are authorized with CAF access.

The National Association of Tax Professionals unveiled two new credentials focusing on representation, due diligence and ethical practice.

The firm founded by Arthur Andersen alumni is working with Morgan Stanley and UBS who are leading the planned initial public offering.

Smith + Howard, an Atlanta-based Top 100 Firm, has opened two new tax practices: site selection + incentives and state and local income tax consulting.

Presenting CPE programs is satisfying, helps sharpen your knowledge, is great for networking with colleagues, and sometimes there are unintended consequences.

U.S. tax professionals can learn from strategies in other countries like Brazil.

"I'm so glad tax season is over!" is a phrase often heard from accountants. Why would anyone would say this?

If you were designing a CPA practice from scratch, what would you do about tax season? Keep it as is, make some changes or possibly eliminate it?