The tax industry involves mountains of paperwork. Managing heaps of critical tax files and paperwork can be a daunting task as CPAs and tax professionals have a lot of other responsibilities. They must: Follow a code of ethics Be informed of any relevant state regulations pertaining to tax forms and laws Keep upskilling to stayRead more
Over the past several years, the accounting and financial industries have seen quite a bit of change - including a swift and impactful change to more digital accounting. So, what is digital accounting exactly? Efforts to switch more accounting processes to electronic and digital methods have been ongoing for the past couple of decades. DigitalRead more
In this article, we'll identify and answer common tax FAQs regarding filing and the usage of electronic signatures. Accuracy, timeliness, and compliance are three of the most important factors for accountants and CPAs during tax season. When any of these three factors are missed, it can lead to problems with the IRS - including additionalRead more
Human resource departments play a large role in coordinating paperwork and all that needs to get done during tax season. Not only are HR professionals coordinating employee paperwork and collaborating with accounting departments, but they're a large part of keeping everything streamlined, organized, and moving smoothly. It's no secret that tax season equals busy season.Read more
Sustainability is a word you'll probably hear a lot in 2022. As more and more businesses are gearing up to increase their sales and growth efforts in 2022, they are simultaneously doing their part by prioritizing greener initiatives. While large companies, such as IBM and Microsoft, are leading the way with commitments to reduce carbonRead more
As the accounting industry becomes increasingly (some would say predominately) digital, it's more important now than ever for accountants to streamline and utilize the right software tools to optimize their processes and manage their business. Customer relationship management (CRM) software tools, such as Salesforce, have made it easier for accountants to maintain and grow theirRead more
Can electronic signatures be used to complete tax forms? This and other similar questions are common during tax season. It's important that tax preparers and tax payers are knowledgeable about stipulations and requirements the IRS has in place for form completion to ensure timely and accurate tax filing. Fortunately, the majority of tax forms areRead more