Protection Plus: Cyber Liability Information

Cyber criminals are targeting tax professional systems to access taxpayer data. There is much talk addressing consumer concerns, but little is said about protecting the tax professional from the impact of a data breach. A study sponsored by IBM and conducted by the Ponemon Institute released in June 2016 found the average cost of a […]
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Biz2Credit: Financial Tips Webinar for Accountants

This webinar features tips and advice specifically for tax professionals from Biz2Credit, small business funding experts in accounting and small business finance. Topics include best sources of capital, and growth strategies for tax preparers, CPAs, and their clients. The webinar features Tracy Kelleher, Vice President of Business Development at Biz2Credit.
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Protection Plus: General Audit Information

Who does the IRS audit? 1. Taxpayers with Suspicious Activity This can include taxpayers who have made mathematical errors on their returns, who claim an unusually high amount of charitable donations, who are self-employed and report too many losses or business expenses, who fail to include part of their income, or who round up a […]
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SurePayroll: Five Ways to Evaluate Your Tax Business after Filing Season

For many accountants and professional tax preparers, the end of filing season can bring a sigh of relief and a welcome slowdown in client work. Although the tax deadline can bring back some sense of work-life balance, successful tax preparers use the month of May and beyond to evaluate the filing season, their business and […]
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HD Vest: Discover 1040 Analyst – Your Unique Advantage This Tax Season

The 1040 Analyst® can provide that comfort – meticulously designed with our Advisors in mind. It is a unique data mining tool with automation that allows you to seamlessly integrate your clients’ tax data from the Form 1040 and provide a customized client report highlighting financial services opportunities that may help them chart a new […]
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Track1099: 1099-MISC Deadlines for 2016

2016 Federal forms – recipient and IRS e-file deadlines The following table includes key dates you’ll want to remember for transmitting important tax forms to clients and for e-filing them with the IRS. Note: 1095-C dates have been revised as per IRS Notice 2016-4. Form(s) Due to Recipient E-file to IRS 1099-MISC Feb. 1, 2016 […]
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Track1099: New State Filing Requirements for 1099-MISC

The following table includes state filing requirements. CSF refers to Combined State/Federal program where the IRS forwards 1099-MISC info on to the state. Some states require filing by paper (if applicable, click on the link to learn more). For Massachusetts, Oregon and soon, Pennsylvania, state files may be downloaded from Track1099. State CSF Not Required […]
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HD Vest: Learning from Experience — Benefits Trump Concerns When Tax Professionals Offer Financial Services

In an August 2014 survey conducted by the research unit of SourceMedia, publisher of Accounting Today, accountants and tax professionals who have added a financial services offering to their business said that they not only increased profitability, but that a large majority of their tax service clients were also financial services clients. By offering these […]
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BluePay: Top Four Reasons to Accept Credit Cards in Your Practice

Accepting credit cards makes doing business easier for both you and your clients. While implementing a solution to accept credit card payments at your practice may seem overwhelming, consider these benefits: Easier, faster collections. Sending invoices and waiting for paper checks can take several weeks. Accepting credit cards eliminates that delay. Improved cash flow. When […]
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HD Vest: Tax Alpha Video Playlist and Why HD Vest?

Our 30-year history of working with CPAs and tax professionals who decided to reinvent their practices by adding financial services to their client offering has resulted in a one-of-kind business model built around the services, training and support needed to be successful in your new endeavor. In support of HD Vest Advisors in 2014, we […]
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