life changes | Tax Pro Center | Intuit ProConnect

Alimony and Tax Reform: What You and Your Clients Need to Know Now

November 27, 2018 March 5, 2019 / Kimberly Doherty, EA

For couples facing divorce in 2018, the Tax Cuts and Jobs Act (TCJA) brought about changes that must be carefully considered when deciding what would be more beneficial financially: finalizing the divorce before Dec. 31, 2018, or postponing the divorce...

Full Story

Tax Law and News

What Your Newlywed Clients Should Know About Taxes

June 18, 2018 / Mike D'Avolio, CPA, JD

Marriage, the birth of a child, divorce, retirement – these are just some of the events that bring important changes to a person’s life. These milestone events can also have a major impact on a client’s tax picture. With the...

Full Story

Client Relationships

How to Help Your Clients Manage Student Debt

October 2, 2017 / Mike D'Avolio, CPA, JD

Regardless which major they choose, the school attended or the degree obtained, college graduates typically have some amount of student loans they must pay back. According to a 2016 story in U.S. News and World Report, 70 percent of students...

Full Story

Tax Law and News

10 Things You Need to Know About Divorce and Taxes

September 12, 2017 / Christopher Ragain, CPA

Divorce is an all-too-common part of life, and with it comes important tax ramifications and decisions. Advise your clients with these 10 points on divorce and taxes: Filing Status: Sometimes, couples (without children) will separate their lives, finances and living...

Full Story

Client Relationships, Tax Law and News

Exploring the Best Ways to Save for College

August 21, 2017 October 19, 2017 / Mike D'Avolio, CPA, JD

We all know a college education is very expensive and costs are continuing to escalate. According to College Board’s Trends in College Pricing, the average full-time student at a four-year, non-profit private university will pay $32,410 per year in tuition...

Full Story

Client Relationships, Tax Law and News

Tips to Help Your Clients Pay for College

July 24, 2017 August 17, 2017 / Mike D'Avolio, CPA, JD

Tax professionals most likely have many clients and prospects who have college-bound students in their families. A good way to extend the services you provide in your practice is to offer advice around the funding of a college education, including...

Full Story

Tax Law and News

Back-to-School Tax Tips for College-Bound Students

July 21, 2017 October 17, 2017 / Mike D'Avolio, CPA, JD

This is an exciting time of the year when college-bound students are starting to gear up for school. The transition can also take a physical and emotional toll on parents. Figuring out how to pay for college can be stressful,...

Full Story

Tax Law and News

Tips for Homesellers: Getting Back to Basis

July 20, 2017 / Dorinda DeScherer

Summer is typically a “hot season” in the home sale market. Young families typically want to get settled in a new home before school begins in the fall, and older homesellers in northern climates want to head south before winter...

Full Story

Practice Management

Succession Plan or Exit Plan: Whatever You Call it, You Need One Now

May 15, 2017 / Fredric D. Leffler, CPA, MBA

As Benjamin Franklin said, “If you fail to plan, you are planning to fail!” Would you start a business planning to fail? Most business owners start their firm with a plan to secure start-up capital, find qualified employees and attract...

Full Story

Client Relationships

Tax Return Triggers for Basic Estate Planning

March 17, 2017 October 17, 2017 / Robert Westley, CPA/PFS, CFP®

Today’s landscape calls for tax practitioners to add value to a client’s experience beyond solely preparing their tax filings. Proactively identifying issues and uncovering opportunities are at the core of this practice. When it comes to estate planning – an...

Full Story

Search the Tax Pro Center

Latest tax and accounting news and tips