Tax Pro Center | Intuit ProConnect | Tax Pro Center

TaxProTalk: Pub. 535, Tax Planning and Educating Clients

February 1, 2019 / Jim Buffington, CPA

Anthony and Jim share three updates in this episode of TaxProTalk: IRS Publication 535, Business Expenses, is final, and chapter 12 covers the basics of qualified business income. Leading with tax planning starts during your tax season engagements. Proactively educate...

Full Story

Grow your practice, Practice Management

Why Our Firm Started a Modern Tax Practice

February 1, 2019 January 16, 2019 / Chris Chapman, CPA / Kenji Kuramoto

A few months ago, Acuity started a tax practice, and in our 14 years of existence, this was something we never thought we’d do. Since inception, we had been an outsourced accounting practice, starting with CFO services, and adding controller...

Full Story

Tax Law and News

February 2019 Tax and Compliance Deadlines

January 31, 2019 January 14, 2019 / Intuit ProConnect Team

It’s February, which means you’re already busy working with clients on tax year 2018 filings. Don’t forget about this month’s important tax and compliance deadlines. In February, it’s recommended that you: Send reminders to individual clients who have not returned...

Full Story

Tax Law and News

TaxProTalk: QBI Deduction and Forms Availability

January 30, 2019 January 29, 2019 / Jim Buffington, CPA

In this episode of TaxProTalk, Tony and Jim discuss details of the Qualified Business Income updates after the IRS issued final regulations covering rental real estate and backing out adjustments to income, and calculating QBI in the simple and complex...

Full Story

Tax Law and News

Impact of Tax Reform on the Kiddie Tax

January 29, 2019 February 4, 2019 / Jeremy Claybrook, CPA

millennials in a tax and accounting firm

The Tax Cut and Jobs Act (TCJA), passed by Congress in 2017, introduced numerous changes to the tax code. While some changes may negatively affect a tax practitioner’s clients, other changes will have a more positive outcome. One positive change...

Full Story

Practice Management

Staff Performance Metrics in a Small Accounting Firm

January 28, 2019 January 7, 2019 / Jackie Meyer, CPA, CTC

What is Performance-Based Pay? Many tax and accounting firms are converting their staff from hourly rates or salary to commission-based payment systems. Commission is no longer found only in the typical sales environment. Instead, employers of all types are focusing...

Full Story

Tax Law and News

Innocent Spouse Relief: Tax Provisions and Filing Information

January 25, 2019 January 22, 2019 / Anita Robinson, EA, NTPI Fellow, Oregon LTC

Taxpayers who are legally married must file either a joint or a married filing separately tax return, and both spouses must sign the return or it is not considered a joint return. Generally, both spouses are liable jointly and separately...

Full Story

Intuit® ProConnect™ News

Poll: How Confident Are You About Tax Reform?

January 24, 2019 February 6, 2019 / Intuit ProConnect Team

With business e-file open and individual e-file opening in just a few days, we’d love to know how confident you feel heading into tax season. Take the poll below and let us know. Do you want to continue to...

Full Story

Intuit® ProConnect™ News

TaxProTalk: Tax Year 2018 Kick-Off

January 23, 2019 January 22, 2019 / Jim Buffington, CPA

Welcome to season two of TaxProTalk! Look for all new content over the coming months as we make our way through this tax season. TaxProTalk has a channel on YouTube. Subscribe to be notified about all the TaxProTalk updates.

Practice Management

Beat Busy Season Burnout With These Morale Boosters

January 22, 2019 January 15, 2019 / Dawn Brolin, CPA, CFE

As your firm prepares for the coming onslaught known as tax season, it’s important to think beyond optimizing your workflows and tech stack to consider how to keep your team’s morale high from now through the end of April. As...

Full Story

Search the Tax Pro Center

Latest tax and accounting news and tips