A TPQC document plays a key role in helping a firm comply with relevant ethical requirements and promote an efficient and effective tax practice.
Tax Practice Management
Requests by IRS and state departments of revenue for electronic accounting software records of taxpayers
The IRS has answered some concerns about taxpayers’ electronic accounting records.
Publicly traded partnerships can present challenges for reporting.
As more states legalize marijuana, CPAs should consider not only whether to take on clients directly involved but also how to counsel clients whose own businesses are involved in the industry.
This column addresses how this new rule may impact CPA tax practitioners providing services outside the scope of an audit or to a nonaudit client.
This item discusses practitioners' requirements and responsibilities surrounding electronic submission of clients’ tax returns.
When a transcript is obtained, it is important to know the meaning of transaction codes.
It may be beneficial to consider making changes to your engagement letters and organizers this season.
This column focuses on developing a year-end tax planning strategy by using technology.
This article offers a look at how CPAs judged their tax preparation software in a wide range of types of practices.
Extensions can help in avoiding mistakes and determining that all appropriate forms are included with a return.
This column presents a few thoughts to consider before taking summer vacation.
This column offers practical items for tax professionals to consider as privacy best practices.
Practitioners should consider taking small, actionable steps to secure data, rather than being overwhelmed by several big tasks.
While a tax practitioner and AICPA member has a duty to notify the client, the client is responsible for deciding whether to correct the error.
Correcting a minor error that would result in only a small change in tax liability may be unjustifiable, given the cost involved.
This item summarizes some common IRS penalties and the procedural and practical ways practitioners can obtain a penalty abatement.
Cloud-based preparation and filing reduces the burden and streamlines the overall process.
This column discusses the technology tools tax practice leaders are using to manage their virtual tax teams.
Practitioners should consider taking a fresh look at their tax engagement letter policy before the next busy season.