Tax practice

Taxpayers are more than twice as likely to use DIY tax preparation software as an accountant to do their taxes, but they’re 38 percent less satisfied with the results, according to a new survey.

It all starts with the client onboarding process.

Accounting firm owners and partners who did not get their own tax returns in on time face losing their licenses, being expelled from their professional societies, losing their livelihoods and possibly being imprisoned.

Here are some suggestions on how to pull work out of tax season and push it into November and December to better handle the extra work.

Practitioners share their best practices for the long (relatively) quiet months between deadlines.

Early in my career I always felt I would not be that busy during July and August. Well, the reality never matched my expectations.

The module, which is proprietary to Canopy, allows money transfers between Canopy’s customers and their clients using credit, debit or ACH.

Here are some suggestions to consider and get started on now to help you next year.

If staff do not grow, then the owners cannot grow.